Financial services platform BharatPe has announced that Amit Jain has been appointed as Chief Risk Officer. In this role, he will work along with Group President Suhail Sameer and Co-Founder and CEO of BharatPe – Ashneer Grover. “Jain has over 17 years of experience in portfolio and credit risk management across consumer and SME lending…
ElectroNeek, a robotic process automation (RPA) platform for managed service providers (MSPs) and IT teams, has announced that it raised $20 million in a Series A funding round led by Baring Vostok with participation of AICPA and existing investors – YellowRockets.vc, Dragon Capital, I2BF, Angelsdeck, Gokul Rajaram and others. Following the new funding influx, ElectroNeek’s…
L Catterton, a global consumer-focused private equity firm, has announced that it has invested $25 million in Zenyum, a direct-to-consumer dental products brands. Existing Zenyum investors, including Sequoia Capital India, RTP Global, Partech, TNB Aura, Seeds Capital, and FEBE Ventures, also participated in the Series B round, which totaled $40 million. “Fueled by aesthetic-conscious millennials,…
MarketsandMarkets has announced the appointment of Adnan Ahmed as Global President and Krishnan Chatterjee, an alumnus of IIM Ahmedabad, as COO. Based in New Jersey, US, Adnan has been a growth-focused CEO with over 25 years of experience. He was previously CEO of Marketwired, a global newswire company that he led to a successful exit and…
Capgemini has strengthened its collaboration with Ericsson to accelerate the deployment of 5G solutions. As part of their ongoing collaboration, Capgemini has deployed the 5G (standalone) Industry Connect solution from Ericsson at its 5G Lab in Mumbai to enable industry innovation, experimentation and deployment of 5G and Edge technologies for clients across industries. Ashwin Yardi,…
QYOU Media Inc. has announced that it has entered into a definitive share purchase agreement to acquire 100% of the issued and outstanding shares of Chatterbox Technologies Private Limited (Chtrbox), an influencer marketing company based in India. Curt Marvis, CEO and Co-Founder of QYOU Media Inc. commented, “This is an incredibly exciting day for our…
Help Lightning, a provider of remote visual assistance software, has added $3 million in growth equity to its Series A funding. The additional financing comes less than a year after Help Lightning announced its $8 million Series A led by return investor Resolve. Help Lightning added two new strategic investors in this latest round: Mumbai, India-based engineering & infrastructure conglomerate Larsen…
Immunic, Inc., a clinical-stage biopharmaceutical company developing a pipeline of selective oral immunology therapies aimed at treating chronic inflammatory and autoimmune diseases, has announced the appointment of Inderpal Singh as General Counsel, effective today. In his new role, Mr. Singh will be responsible for legal and compliance matters and will become part of the management…
The Mercantile & Maritime Group has announced the appointment of Sergey Geller, who joined the team as Head of Russia and CEE in Autumn 2020, as its new Chief Financial Officer. Sergey has more than 15 years of corporate and investment banking experience working across North and Central America, Europe, Central Asia, and Australasia. Sergey…
Lineage Logistics, LLC, a temperature-controlled industrial REIT and logistics solutions provider, has announced that it has closed the acquisition of UTI Forwarding, a Rotterdam-based freight forwarder. “Together with UTI we will create even greater opportunities to provide end-to-end supply chain offerings for our shared customers,” said Mike McClendon, President of International Operations & EVP of…
CII has announced that T V Narendran, CEO & Managing Director, Tata Steel Limited, has assumed office as the President of CII for 2021-22. He takes over from Uday Kotak, Managing Director & CEO, Kotak Mahindra Bank Limited. T V Narendran has been engaged with CII for many years at the State, Regional and National…
Cyble, an AI-powered, Y Combinator-backed, cyber threat intelligence company, has announced that Shenoy Sandeep has joined Cyble as the Regional Director – Middle East, Turkey, and Africa (META). This news follows Cyble’s recent announcement of a USD 4 million seed financing led by Blackbird Ventures and Spider Capital, with participation from Xoogler Ventures, Picus Capital,…
Pre-Series A early-stage venture capital fund established in 2011, YourNest has onboarded Venkat Raju, Ranjeet Shetye, Mohit Hira as partners. “As Venture Partners, they replace Satish Mulugavalli who has Co-Founded RuleZero. YourNest is partnering with RuleZero as an investor and a Board member, and Mulugavalli continues being a mentor for its startups,” informed a statement…
Jai Kisan, a rural fintech startup, has announced that it has raised US $30mn in a combination of equity and debt in its Series A funding round. The round was led by Mirae Asset. Syngenta Ventures, existing investors Blume, Arkam Ventures, NABVENTURES (NABARD), Prophetic Ventures and Better, other global investors, along with HNIs also participated…
The Board of Directors of The Goldman Sachs Group, Inc. has announced the appointment of Kimberley D. Harris as an independent director of the firm, effective immediately. Ms. Harris will also become a member of each of the firm’s Governance, Compensation and Public Responsibilities Committees. Ms. Harris is an Executive Vice President of Comcast Corporation…