Humour Me has announced the appointment of Joy Mohanty as chief operating officer. He will be responsible for the agency’s creative function. Dhruv Sachdeva, Founder of Humour Me, commented, “With Joy coming on board, we want to send a signal to all our brand partners and the marketing/ advertising ecosystem that we’re here to offer up…
OYO, has announced that it has raised a TLB funding of $660 million from global institutional investors. The offer was oversubscribed by 1.7 times and the company received commitments of close to $1 bn from institutional investors. The company will utilize these funds to retire its past debts, strengthen the balance sheet and other business…
OneCode, a tech enabled distribution platform, has announced that it has raised $5 million in funding round co-led by Nexus Venture Partners and Sequoia’s Surge. The round also saw participation from WaterBridge Ventures. Angel investors including Anand Chandrasekaran, Haptik’s Aakrit Vaish, Arjun Vaidya, Amrish Rau (Pine Labs), Ashish Dave (Mirae Asset), Jitendra Gupta (Jupiter Money),…
Accurate Background, a provider of compliant background checks, drug and health screening and Form I-9 verifications, has announced the appointment of Stacey Torrico as Chief Human Resources Officer (CHRO), reporting directly to CEO Tim Dowd. In her role, Stacey will focus on human resources strategy, talent acquisition, leadership and cultural development, diversity, equity and inclusion,…
Netradyne, a provider of artificial intelligence (AI) and edge computing focusing on driver and fleet safety, has announced a $150 million, Series C funding led by SoftBank Vision Fund 2, with participation from existing investors Point72 Ventures and M12. This financing, along with earlier investments, brings Netradyne’s total capital raised to over $197 million. Netradyne…
Linode, a cloud computing infrastructure provider, has appointed Joseph Zhou as Chief Information Security Officer (CISO). Zhou will lead all aspects of security risk management for Linode, including enterprise security architecture, governance, product and platform security, network security, secure software development, security awareness training, penetration and vulnerability management, identity and access management, incident response, disaster…
Flutura Decision Sciences and Analytics, an Industrial AI company, has recently announced the inclusion of Robert Patterson, Brad Beitler, Robert Orlean and Scott Blanchard, into their strategic advisory board. Mr. Patterson enjoyed a 33-year career in Research, Engineering and Project Delivery with Shell, where he served as Executive Vice President of Engineering responsible for the…
Protonn, a business-in-a-box platform for professionals, has announced a seed fundraise totaling $9 million. The round is led by Matrix Partners India along with other venture investors including 021 Capital and Tanglin Venture Partners. Angel investors participating in the round include Binny Bansal (co-founder, Flipkart), Kalyan Krishnamurthy (CEO, Flipkart), Neeraj Arora (ex-WhatsApp), Sujeet Kumar (co-founder,…
Pidilite Industries Limited has announced that Sudhanshu Vats will join the company as Deputy Managing Director, effective September 1, 2021. Sudhanshu Vats, an alumnus of IIM-Ahmedabad and NIT Kurukshetra, has a career of 30 years spanning diverse organizations like Unilever, Castrol, Viacom18 and more recently, EPL (formerly known as Essel Propack). Sudhanshu is Member CII…
News aggregator app Inshorts has announced that it has secured $60 million in the funding round from Vy Capital and existing investors. A statement informed, “Following this funding round, Inshorts has raised $140 million in the last one year from investors including Addition, Tiger Global, SIG, A91 and Tanglin Venture Partners.” Azhar Iqubal, Co-founder &…
Daloopa has announced that it has closed $20 million in Series A financing to accelerate its AI-driven data extraction offerings for financial institutions. The new funding round was led by Credit Suisse Asset Management’s NEXT Investors, along with participation from existing investors Nexus Venture Partners, Uncorrelated Ventures, and Hack VC. Daloopa has raised $24 million…
Isobar has announced that it has appointed Pragati Rana as the company’s senior vice president (SVP)- strategy. According to a statement, she will lead Isobar India’s strategy and will also be responsible for building an integrated planning team. Speaking on the announcement, Gopa Kumar, chief operating officer of Isobar, commented, “Isobar India is poised to…
Uwe Hochgeschurtz, who currently holds the position of CEO Renault Germany, Austria and Switzerland, has been named Opel Brand CEO with effect from September 1, 2021, at a time when the German brand of Stellantis is expanding its commercial activities, including in China, and entering the electrification era. He will succeed Michael Lohscheller who has…
Filtration Group has added Jason Clayton to its team of entrepreneurs. Clayton has assumed the role of Chief Human Resources Officer (CHRO) for Filtration Group. “We are on a mission to make the world safer, healthier and more productive while building a remarkable business that will long outlast us,” said Tim McCarty, President & CEO…
unybrands, an integrated platform for e-commerce businesses looking to scale their operations on and off Amazon, has announced the closing of up to $300 million in growth capital with Crayhill Capital Management. The funding will enable unybrands to further accelerate its strategy to buy, build and boost attractive brands across Amazon, Shopify and other direct…