BNPL fintech platform Paytail has announced that it has raised $1.5 million in seed funding round. Speaking on the investment, Vikas Garg, Co-founder of Paytail, commented, “Since its inception, Paytail has been on a mission to create a level field for both offline buyers and sellers, as the retailers in this sector have been facing…
AI-platform, based in California, Pyxis One has announced that it has raised $17 million in a series B funding round. The round saw participation from Silicon Valley-based Celesta Capital along with Premji Invest. Existing investors including pi Ventures, Exfinity Venture Partners and Chiratae Ventures participated in the funding round. Speaking on the announcement, Shubham A…
The US-India Strategic Partnership Forum (USISPF) has announced that six new business and former government leaders have been inducted into the Washington, D.C.-based advocacy group that champions stronger US-India bilateral commercial and strategic ties. The new leaders have joined as members of the USISPF Board of Directors, Advisors to the Board, and members of the…
IntelliPaat, a Bangalore based ed-tech company offers an online upskilling platform for working professionals. The platform offers over 150 technical and management courses, which are designed in-line with industry standards by industry experts for individual customers as well as corporate clients. The company was founded by Diwakar Chittora and Shilpi Jain, with an aim to…
US-headquartered Odyssey Energy Solutions, Inc has announced its acquisition of the German remote monitoring and control technology company, Ferntech GmbH. Emily McAteer, CEO and Co-Founder, Odyssey, said, “We’re delighted about the acquisition of Ferntech and the opportunity it presents to expand the toolkit we offer our clients and users. We’ve successfully worked with the Ferntech…
Agritech startup BharatAgri has announced that it has secured $6.5 million in Omnivore and India Quotient led Series A funding round. The funding round also saw participation from 021 Capital. Speaking on the announcement, Siddharth Dialani, Co-Founder and CEO, BharatAgri, commented, “Even three years ago, it was unimaginable that rural Indians would be paying monthly…
Infosys, a digital services and consulting service provider, has announced a strategic collaboration with SAP, an enterprise application software platform, to provide Business Process Transformation-as-a-Service to enterprises. According to a statement, “Through this collaboration, Infosys will leverage business process intelligence (BPI) from SAP to identify opportunities and obstacles in the transformation journey and create a…
Commerzbank has announced the strengthening of the Board of Managing Directors. Thomas Schaufler, currently Board Member for Retail Banking at Erste Group Bank AG in Austria, will take responsibility for Private and Small-Business Customers at Commerzbank on 1 January 2022. Currently, Sabine Schmittroth is responsible for this segment. The appointment of Thomas Schaufler to the…
B2B edtech startup, based in Delhi, Eupheus Learning has announced that it has raised $10 million in the series C funding round from Lightrock India. Sarvesh Shrivastava, Co-founder and Managing Director at Eupheus Learning, commented, “We are very excited to partner with Lightrock in our vision to become the largest player in the K12 space. With the evolution of…
Ascend, a modern insurance payments platform that provides automated all-in-one financing, collections, and payables, has announced that they have raised $5.5 million in seed investment funding. The round was led by First Round Capital, with participation from Susa Ventures, FirstMark Capital, Box Group. A series of strategic angels also contributed to the funding including Joshua…
Keenon Robotics has announced $200M in Series D funding, led by Softbank Vision Fund 2*, followed by CICC ALPHA and Prosperity7 Ventures (the diversified growth fund of Aramco Ventures). China Renaissance is the exclusive financial advisor for this financing. Kentaro Matsui, Managing Director at SoftBank Group, former Managing Partner at SoftBank Investment Advisers, said, “We…
Rimini Street, Inc., a global provider of enterprise software products and services, a third-party support provider for Oracle and SAP software products, and a Salesforce partner, has introduced board member Jay Snyder and future board member Katrinka McCallum. Mr. Snyder, who was elected to the board of directors at the Company’s 2020 Annual Meeting of…
Rediffusion SmartMedia has announced the appointment of Praveen Pandey as Chief Digital Officer. Sandeep Goyal, managing director at Rediffusion, stated, “Praveen is a young, dynamic and aggressive digital media professional. He comes to us with just the right credentials, and exposure to global brands and global best practices. He will be pivotal in our journey…
The International Air Transport Association (IATA) has announced the appointment of Philip Goh as its Regional Vice President for Asia-Pacific with effect from today. Goh succeeds Conrad Clifford, who has been IATA’s Deputy Director General since 1 July 2021. Goh is a 34-year veteran of the airline industry. He has held various senior management roles…
Delivery platform Zypp Electric has appointed Tushar Mehta as its Senior Vice President and Business Head. A statement informed, “Mehta has extensive experience of over a decade in building businesses for Mahindra & Mahindra and Kotak Mahindra Bank. Previously, he was working as Business Head and Vice President for the consumer business at Cars24 where…