Category: News

Gokwik appoints Adit Agrawal from Microsoft as Senior Director, Data Science

Gokwik, an e-commerce enabler focusing predominantly on building full stack enablement solutions for e-commerce brands, has announced the appointment of Adit Agrawal as Senior Director, Data Science.  Adit joins GoKwik from Microsoft’s cloud data science team, where he led the development of customer risk models and marketplace competitive intelligence. An IIT-BHU alumni, Adit has also…

DT One appoints Myles Bertrand as Chief Revenue Officer, Shradha Kampani as Chief Product Officer

DT One, a global B2B digital micropayments platform powering cross-border transfers of mobile top-ups, data bundles, gaming pins and gift cards, announced it has appointed Myles Bertrand as the new Chief Revenue Officer (CRO) and Shradha Kampani as the new Chief Product Officer (CPO). Both hires will support DT One’s global growth strategy, a statement said. These appointments follow…

Mumbai-based SaaS platform Netcore Cloud appoints David Stewart as SVP – Sales and Business Development in North America

Netcore Cloud, a SaaS company and global leader in customer communication, engagement, and retention, has appointed David Stewart as Senior Vice President for Sales and Business Development. This appointment comes following the company’s recent announcement to be generating 40% of revenue from international markets by 2025, with a greater focus on the US and Europe, a statement said.…

IDBI Bank re-appoints Samuel Joseph Jebaraj as Deputy Managing Director

State-run IDBI Bank Limited announced the re-appointment of Samuel Joseph Jebaraj as Deputy Managing Director, with effect from September 20, 2022. According to the company’s exchange filing, “This is to inform that the Board of Directors of IDBI Bank Ltd. on September 05, 2022 have approved the re-appointment of Shri Samuel Joseph Jebaraj (DIN: 02262530)…

Chennai-based fintech IppoPay acquires risk management startup Tutelar

IppoPay, a verticalised payments infrastructure startup, announced that it is acquiring the business of Tutelar, a full-stack AI-based Risk Management Company. Tutelar builds products for real-time KYC and transaction fraud detection and risk management at every level of the payments value chain. The company enables risk-free onboarding, dispute resolutions, KYC fraud detection, transaction fraud detection,…

Sameer Khetarpal joins Jubilant FoodWorks Limited as CEO & MD

Jubilant FoodWorks Limited, India’s largest food service company, shared the joining announcement of its new CEO and Managing Director – Sameer Khetarpal. Shareholders have also approved his appointment in the 27th Annual General Meeting of the Company convened on August 30, 2022. Sameer has served in numerous senior leadership roles during his 25-year career in…

RIL to acquire majority stake in SenseHawk

Reliance Industries Ltd (RIL) announced it has signed definitive agreements to acquire a majority stake in SenseHawk Inc (SenseHawk) for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products, and R&D. Founded in 2018, SenseHawk is an early-stage California-based developer of softwarebased management tools for the solar…

Meenakshi Menon joins icogz as Chairperson

Meenakshi Menon has now joined the board of icogz, a business intelligence platform, as Chairperson.  Founded by Amit Tripathi, icogz helps businesses improve profitability through better performance. icogz captures data from disparate platforms, harmonises the data, and provides a real-time unified view of the entire brand footprint thereby aiding brand leaders take meaningful steps in growing…

Skyroot Aerospace raises $51 mn funding led by GIC

Space-tech startup Skyroot Aerospace has raised $51 million in a funding round led by Singapore’s sovereign fund GIC. The company said it would use the funds to expand the headcount across its engineering team. Founded in 2018, Skyroot builds rockets to help launch small satellites, as it designs and tests multiple rocket propulsion systems. “This…

Lentra appoints Haribandhu Patra as CFO; Bhuvaneswar Naik as CHRO

Enterprise SaaS company Lentra has announced the appointment of Haribandhu Patra as the Chief Financial Officer (CFO) and Bhuvaneswar Naik as the Chief Human Resource Officer (CHRO).  These appointments will enhance Lentra’s ability to rapidly scale-up operations and launch innovative technology platforms that empower banks and financial institutions to democratize credit in India, a statement…

Revenue-based financing platform Klub marks final close of its Rs 200 cr maiden fund

Sequoia Capital-backed revenue-based financing platform Klub has marked the final close of its maiden Rs 200 crore revenue-based debt fund to back consumer tech companies ahead of the festive season, according to moneycontrol report. Acceler8, a SEBI (Securities and exchange board of India)-registered Category II Alternative Investment Fund, which was launched in December last year, has invested…

Carlyle and GIC invest in green ammonia development company Eneus Energy

Global investment firm Carlyle and GIC, and the green ammonia project development company Eneus Energy Limited (Eneus), announce Carlyle and GIC’s strategic investment in Eneus to support the development of a 14GW+ pipeline. Eneus is amongst a small cohort of first movers for industrial scale production plants in a global market for green ammonia and/or…

ICICI Bank appoints Rakesh Jha as Executive Director

ICICI Bank Limited announced the appointment of Rakesh Jha as an Executive Director of the Bank, with effect from September 2, 2022. According to the company’s exchange filing, “We wish to inform you that RBI vide its letter no. DOR.GOV.No. S3553/08.88.001/2022-23 dated September 2, 2022 has approved the appointment of Mr. Rakesh Jha, as an…

UOLO appoints Abhishek Bhatnagar as VP of Learning

The EdTech platform UOLO, which aims to impact school learning cost-effectively, has appointed Abhishek Bhatnagar as its Vice-President of Learning. Bhatnagar will lead the UOLO team to create innovative learning products and incorporate edtech concepts into the school education system, a statement said. Bhatnagar is an Engineer from IIT Kanpur and holds a Master’s degree…