Bengaluru-based mobile-based dermatology consultation platform, Remedico has raised $500,000 in a seed round from Venture Catalysts. It was Founded by Ranjit Bhatia in 2017. Ranjit was earlier associated with Craftsvilla where he had come on a secondment from Sequoia and moved on to become the VP of Product. This funding round also had participation from…
Andersen Global has a new member firm in India.Andersen Global is an international association of legally separate, independent member firms comprised of tax and legal professionals around the world. The company has announced the addition of a new member firm in India, Nangia Andersen LLP. Andersen Global now has more than 4,500 professionals worldwide and…
PwC India will be hiring 1,200 people from engineering and data analytics background in the next year. Most of these hires will work for its newly inaugurated future ready IoT Lab and the Artificial Intelligence Centre of Excellence. The company will also be hiring for Digital Experience led Transformations, Cloud and BlockChain. The company also…
During the 15 day Apprenticeship Pakhwada organised by Ministry of Skill Development & Entrepreneurship (MSDE), the industry has committed to engage 4.5 lakh more apprentices with States committing another 2.5 lakh apprentices. The National Apprenticeship Programme plays an important role in upskilling India’s workforce. In 2016, the Government had introduced comprehensive reforms to the Apprenticeship…
Bengaluru-based security management startup for gated communities MyGate has raised $56 million as part of its Series B funding. The company was named one of India’s most innovative start-ups by Inc 42 in 2018 and one of India’s coolest start-ups by Business Today in 2019. The company was founded in 2016 by Vijay Arisetty. The…
CleverTap, a SaaS based mobile analytics and mobile marketing company based in California, has raised $35 million in a Series C round, led by existing investors Tiger Global Management and Sequoia Capital. With this round of funding, the company is valued at $385 million. CleverTap’s customer lifecycle and user retention platform leverages machine learning to…
Uber continues to downsize its global team amid mounting losses. Its its recent round of downsizing the company will layoff about 350 employees. The company has had a history of bleeding money amidst increased competition in the US and abroad. The company had a disappointing IPO in May, and since then the company has been…
Ratan Tata would be investing in Pune-based e-bike startup Tork Motors. Tork Motors is an electric vehicle and charging infrastructure manufacturing venture. The company was founded by Kapil Shelke in 2010. The company is due for the commercial launch of T6X, its flagship offering. With this launch, Tork T6X will be India’s first electric performance…
PEI-Genesis, a global leader in the design and assembly of custom engineered connectors and cable solutions, has continued its global expansion with a new subsidiary in New Delhi, PEI-Genesis Connectivity Solutions India Private Limited. Jane Fischetti, General Manager Account Development & International Sales, PEI-Genesis, said – “India is a growth market for us, and we…
CarDekho.com is India’s leading car search venture. The company is planning to raise a $100 Mn Series D funding round led by Chinese investor Autohome Inc. at a valuation of $700 million. Apart from Autohome, Sequoia Capital will also be an investor in Series D round. Recently, India is experiencing a slowdown in the automobile…
Vahdam Teas, an India-based e-commerce startup that sells fresh tea in international markets, has raised $11 million in its Series C financing round. This funding round is led by consumer fund Sixth Sense Ventures, and has participation from a host of investors. The startup was founded by 28-year-old Bala Sarda, who comes from a family…
Hong-Kong based ad-tech startup OneOneDay, has raised $1.3 Mn in a pre series A funding led by Chinese investors, with participation from Indian angel investor Rohan Malhotra, founding partner at Tiberius Holdings. OneOneDay, was founded by Rick Tsing in year 2017. The company has raised $2.3 Mn till now. The company recently launched its app…
HT Media has appointed Samudra Bhattacharya as the new CEO for it’s print business. He will be responsible for the print business and coordination across all functions in the print business. In this role, Samudra will report to HT Media MD and CEO Praveen Someshwar. An alumnus of Indian Institute of Management, Lucknow, Bhattacharya had…
Nissan Motor Co., Ltd. has appointed current Nissan Senior Vice President and President of Dongfeng Motor Co, Ltd. Makoto Uchida as representative executive officer and chief executive officer of Nissan. In addition, the board appointed current Mitsubishi Motors Corporation Chief Operating Officer Ashwani Gupta as representative executive officer and chief operating officer of Nissan. Nissan…
WeWork India plans to raise $200 million to expand the India business. As of now, WeWork India has 26 operational coworking centres with 46,000 seating capacity. The company is looking at increasing its capacity to one Lakh seats. Bangalore-based Embassy Group holds the franchise rights to WeWork India and holds about 80% stake in the…