Licious, a gourmet meat brand, run by Delightful Gourmet Pvt. Ltd has raised $30 million in a series E round, led by Singapore-based Vertex Growth Fund. Existing investors 3one4 Capital, Bertelsmann India Investments, Vertex Ventures Southeast Asia and India, and Sistema Asia Fund also participated in the round. The company was founded by Vivek Gupta…
Tata Consultancy Services (TCS), a leading global IT services, consulting, and business solutions organization, announced the general availability of its Quartz DevKit, an intuitive, low code development kit for enterprises to quickly build and deploy blockchain applications on any popular blockchain platform. The DevKit abstracts out the complexity of the underlying blockchain technology and provides…
Maruti Suzuki India Limited has created a new milestone with the sales of over six lakh automatic transmission passenger vehicles. Out of these six lakh automatics sold, over five lakh vehicles are equipped with popular Auto Gear Shift (AGS) technology. Sales of automatic vehicles accelerated in the last five years after the introduction of the…
Vedica Scholars Programme for Women is witnessing a highly successful placement season with more than 92% students of class 2018-19 already placed with industry recruiters. The highest placement this season was at INR 21lakh salary offer, a 22% jump over last year, and average salaries have risen more than 10% across the board to INR…
Riversand, a leading software-as-a-service (SaaS) Master Data Management (MDM) and Product Information Management (PIM) solution provider, announced today it has received additional funding from Crestline Investors (“Crestline”), a credit-focused institutional alternative asset manager. In 2017, Crestline invested $35 million in Riversand for a Series A round. The additional investment will be used to continue Riversand’s…
L&T Technology Services Limited, India’s leading pure-play engineering services company, was felicitated for its Robotic Endo-training Kit at the 8th Foundation Day of Global Innovation & Technology Alliance (GITA) on Thursday, 28th November 2019 at Hotel Le Meridien, New Delhi. Hon’ble Minister of Science & Technology, Health and Family Welfare and Earth Sciences Harsh Vardhan…
Box8, an on-demand food delivery company, has raised Rs 12 crore debt via debentures from Trifecta Capital in three equal tranches — in August, October, and December. The company was founded by Amit Raj and Anshul Gupta in 2012. Earlier, Box8 had raised $6.2 million in a Series C funding round from ReDefine Capital and…
truMe, an IoT based global Identity and Access Management platform, has raised $1,45,000 from Rajan Kaistha, an angel investor in the US. The company was founded by Babu Dayal, Pramod Uniyal and Lalit Mehta in 2016. The startup will utilise these funds in expanding its footprint in Delhi-NCR and expand operations to Mumbai and Bengaluru.…
The global leader in solar home energy products, Greenlight Planet, has been honored with The Economic Times’ ‘Champion of Rural Markets’ award. The award was received by Priyabrata Das, Retail Business Leader, Asia, and Sahil Khanna, Partnerships Leader, Asia in New Delhi on 13th December 2019. The company has been operating in India since 2009…
Moody’s Analytics has won the Data Provider of the Year category at the 2019 Regulation Asia Awards for Excellence. Data Alliance is one of the world’s largest collections of private credit risk data, with more than 100 million financial statements representing 20 million firms. Data Alliance members contribute data, and receive credit risk benchmarking data…
One97 Communications Limited (OCL), parent company of Paytm, has secured latest funding of nearly 660 Million from its existing investors T Rowe Price, Alipay, SoftBank and others. Earlier in November, Paytm had raised fresh equity funds amounting to $1 billion led by T Rowe Price, with participation from existing investors – Ant Financial and SoftBank…
Rivigo, a technology company that is building the material movement pipeline, seeks to raise $20 million in Series F round of funding from SAIF and Spring Canter Investment. The company was founded by Gazal Kalra & Deepak Garg in 2014. Earlier, Rivigo had raised $65 million in its Series E round from its existing investors…
MGM Healthcare, a multi-specialty quaternary care hospital in the heart of Chennai, today announced the appointment of Harish Manian as the Chief Executive Officer (CEO). Harish is a healthcare management professional with almost two decades of experience in the P&L role covering project management, operations, business transition and business development. He has worked across the…
Numerator, an industry leader in consumer buying behavior has announced that Mohit Kalra joined as General Counsel and Chief Privacy Officer. Kalra will lead all aspects of the company’s legal strategy, including the company’s commitment to remain at the forefront of transparent, equitable consumer data collection. Kalra joins Numerator from Google where he spent over…
Salesforce, the global leader in Customer Relationship Management (CRM), has announced that it’s President and Chief Product Officer Bret Taylor has been appointed as President and Chief Operating Officer. In this role, Taylor will lead Salesforce’s global product vision, engineering, security, marketing and communications. Taylor will continue to report to Chairman and co-CEO Marc Benioff.…