Cactus Venture Partners (CVP) announced raising INR 350 crores in the initial close of its maiden fund. The fund will focus on investing primarily in clean-tech, health-tech, and B2B SaaS companies in India. The fund is in active discussions with several domestic and international institutional investors and anticipates the final close of its fund target of…
Wisedrive, a car extended warranty platform, has raised seed funding led by LC Nueva Investment Partners, through its early-stage venture capital fund, LC Nueva Alternative Investment Fund (AIF), according to ET report. Spiral Ventures – an Asia-focused Japanese venture capital fund, Bhavadeep Reddy – angel investor and co-founder of HousingMan.com, and others also participated in…
Edtech major Discovery Education announced the acquisition of DoodleLearning. The United Kingdom-based DoodleLearning’s Math and English Language Arts products create personalized learning experiences that help improve students’ academic achievement and confidence. Terms were not disclosed. The acquisition of DoodleLearning supports Discovery Education’s mission to prepare learners for tomorrow by creating innovative classrooms connected to today’s world. DoodleLearning complements…
Insurtech startup MetaMorphoSys announced it has raised $ 3 million in a seed funding round led by Capital2B, a technology fund backed by Info Edge. Angel investors Pavitar Singh and Dhruv Dhanraj Behl also participated in the current funding round. Founded in 2016 by Amit Naik and Kewal Vargante, MetaMorphoSys is a SaaS-based low code platform…
Teleperformance announced the appointment of Anish Mukker as Chief Executive Office of India region. As incoming Chief Executive Officer, Anish Mukker will focus on high-growth revenue strategies and further increase the company’s nationwide footprint to serve clients and their end customers from a location of their choice, a statement said. With 80,000 employees serving 200+…
InsurTech company ACKO has onboarded Gaurav Gupta as the Vice President of Engineering. “We welcome Gaurav onboard as ACKO’s Vice President of Engineering. In his role, Gaurav will be integral to the Product Engineering Team, primarily responsible for taking charge of technical challenges to scale and improve the infrastructure, data platform and analytics. I am…
Vastu Housing Finance Corporation Limited has announced the appointment of Vishu Ramachandran on its Board as an Independent Director. Ramachandran is a globally acclaimed banker with hands-on experience in retail banking, risk management, operations, digital transformations, strategy, and corporate finance. He has worked for more than 35 years at Standard Chartered Bank in significant leadership…
3Cloud, the largest pure play U.S. based Microsoft Azure partner, announced that it has acquired BlueGranite. BlueGranite stands out as an innovative data and analytics consulting firm with a diverse client portfolio, including Fortune 1000 companies and midsize businesses. Over its 25-year history, BlueGranite has developed a strong reputation in the Microsoft ecosystem based on its…
Pharmaceutical company Cipla Limited announced the appointment of Ashish Adukia as Global Chief Financial Officer, with effect from August 16, 2022. According to the company’s exchange filing, “we hereby notify that the Board of Directors, at its meeting held today i.e. August 16, 2022, has approved the appointment of Mr. Ashish Adukia as the Global…
Isos Capital Management (Isos), an independent investment firm focused on identifying and executing on opportunities in the global media, entertainment, sports and technology industries, announced the appointment of Sheetesh Srivastava as Managing Director, India. In this position, Sheetesh will lead Isos Capital’s foray into the India and Southeast Asia markets by sourcing and executing investment…
Mahindra & Mahindra, India’s leading SUV manufacturer, formally inaugurated its new design centre of excellence, Mahindra Advanced Design Europe (M.A.D.E), which will serve as the conceptual hotbed for the company’s portfolio of EV products. Physically present at the heart of innovation, M.A.D.E is located at the global automotive and EV hub of Banbury, Oxfordshire. Home…
Protiviti India Member Pvt. Ltd, a member firm of Protiviti global business consulting firm network, has strengthened its India presence with the acqui-hiring of Loumus Data Systems and opening a new office in Noida to serve global clients with operations in the region as well as local companies. With the move, the Protiviti India Member Firm…
Employee insurance and health benefits startup Pazcare announced its appointment of Sandeep Setty as the Vice President of Human Resources. Sandeep has 10+ years of experience working with organizations like Cashfree, Cleartax, Medlife, and Livspace. In his past experiences, Sandeep has helped many Founders go from 1 to 10 to 100 and beyond. At Pazcare, Sandeep will focus…
Sunday Design, a global furniture and home decor brand, announced it has raised $1.5 million (Rs 12.5 crore) in a pre-Series A funding round. QRG Investment & Holdings (the family office of Havells India Limited Founders), Kama Group (family office of SRF Ltd), KCT family office, and other existing investors participated in the funding round.…
As part of its strategic expansion plan, Zolve, India’s first neobank providing cross-border financial services, is on a hiring spree, seeking talent for multiple positions across teams in India and the United States. The startup is currently looking for innovative and dynamic professionals to fill up the roles of Customer Support Head; Customer Support Agents;…