L’Oreal India has announced the appointment of Gaurav Anand as its Chief Digital and Marketing Officer. Amit Jain, managing director, L’Oréal India, commented, “The Indian consumer is making a rapid shift towards omni channel. As a beauty tech company, L’Oréal India is addressing this evolving landscape by deploying new technologies to enhance our products and…
Category: Global
SaaS platform Fieldproxy secures Rs 2 crore in seed round
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•Fieldproxy, a SaaS platform, has said that it has secured Rs 2 crore in its seed round. The fresh funding round saw participation from 2am VC, LetsVenture, and magic.fund, among others. Speaking on the announcement, Ninad Karpe, Partner, 100X.VC, commented, “As the first institutional investor in Fieldproxy, we are delighted to see the response from…
Online retail startup Dukaan secures $11M in pre Series A round
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•Dukaan, a SaaS platform that enables merchants with zero programming skills to set up their e-commerce store, has said that it has secured $11 million in the 640 Oxford Ventures led pre Series A round. The fresh funding round saw participation from existing investors including Snow Leopard Ventures, Matrix Partners India and Lightspeed Partners. Venture…
Foodtech platform Goodmylk lands $1M in extended seed round
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•Foodtech platform based in Bengaluru – GoodMylk has announced that it has received $1 million in the extended seed round from domestic as well as international investors. According to a statement, the company has secured $1.8 million till date. Speaking on the announcement, Sid Kothari, Om Kothari Group, said, “Goodmylk has a fantastic founding team…
Edtech startup Codingal raises $1.2M in seed round
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•K-12 EdTech start-up Codingal has announced that it has raised $1.2 million in seed funding round. The round saw participation from Summer Capital, Rebright Partners, Y Combinator and Day One Syndicate. Angel investors including Nate Lipscomb (Senior Product Counsel at Youtube), Peter Weck (Co-founder, Simply Hired and StoryJumper) and Ganesh Rengaswamy (Managing Partner at Quona…
Madhav Sehgal appointed as General Manager of The Leela Palace Bengaluru
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•The Leela Palaces, Hotels and Resorts, has announced the appointment of Madhav Sehgal as the General Manager of The Leela Palace Bengaluru. In his role, Madhav will lead the operations of The Leela Palace Bengaluru, and work towards strengthening its positioning within the luxury market. Madhav is an hotelier and brings with him over two…
EV startup REVOS lands $4M Series A investment
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•Platform for Electric Vehicles and Charging Network REVOS has announced that it has raised $4 million in the Series A funding round from Union Square Ventures and Prime Venture Partners. Speaking on the announcement, Sanjay Swamy, Managing Partner of Prime Ventures, said to YourStory, “EV is at the cusp of the early-adopter phase in India…
Dentsu Malaysia Appointed as Axiata’s Creative Agency of Record
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•Dentsu Malaysia has been selected as Axiata’s creative agency of record effective December 2021. Dentsu has been tasked with building Axiata’s brand equity aligned to its strategic purpose of Advancing Asia and providing end-to-end communications support to strengthen its reputation with key stakeholders across the region, according to a statement. Kunal Roy, CEO of dentsu…
Ingram Micro expands distribution agreement with Logitech
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•Ingram Micro has announced that it has expanded its global business relationship with Logitech, a hardware company connecting people through digital experiences, across the United Arab Emirates, Saudi Arabia, Bahrain, Oman, Qatar, Jordan and Pakistan. Logitech provides a variety of complete video conferencing solutions for all sizes of conference and meeting room, and the personal…
SIMBA Chain Raises $25 Million in Series A Funding
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•SIMBA Chain , the technology company that eliminated the complexities of blockchain app development and reduced energy usage, has closed a $25 million Series A funding round led by Valley Capital Partners. The round received additional participation from the Notre Dame Pit Road Fund, Elevate Ventures, Stanford Law School Venture Fund, and individuals affiliated with…
Travel Adventure Startup YouTravel.Me Raises $1M to Strengthen Its Position
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•YouTravel.Me, an algorithm-powered online platform for booking small group adventure travel organized by travel experts, has announced that it has secured $1 million in funding. The round was led by Starta VC with the help of co-investing platform Liqvest.com and participation from Mission Gate, Bas Godska and others. The company plans to use the raised…
Salud Beverages Raises USD 1.1 Million
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•Salud Beverages, an Urban Lifestyle brand that was launched in Karnataka earlier this year, raised USD 1.1 million as of March 2021. The VC fund, comprising actors and HNIs includes serial entrepreneur and Indian actor Rana Daggubati, and former Managing Director of Microsoft India, Srinivas Koppolu, among others backed by Prasad Vanga’s Anthill Ventures. The…
Newgen names Virender Jeet as CEO
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•Newgen Software, a global provider of digital transformation platform, has announced that Virender Jeet, Senior VP – Sales, Marketing, & Products, has been named the chief executive officer, with effect from September 1, 2021. Jeet has been with Newgen since its inception in 1992. He has been closely associated with the complete lifecycle of product…
Kimberly-Clark Announces Executive Leadership Changes
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•Kimberly-Clark Corporation has announced a series of executive leadership changes in support of its global business. Tristram Wilkinson, currently serving as President of Kimberly-Clark’s Europe, Middle East and Africa (EMEA) consumer business, has been named President of the company’s Asia Pacific consumer business, and will have responsibility for the company’s international region with operations in…
upGrad names Yogesh Nehra as President – Technology
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•upGrad, South Asia’s online higher education company, has named Yogesh Nehra as its President – Technology. In the new role, Yogesh will be heading engineering teams and digital transformation initiatives including application architecture and product conceptualisation. Commenting on the investment, Mayank Kumar, Co-Founder and MD, upGrad, stated, “We are thrilled to have Yogesh join the upGrad…