Agriwise Finserv Limited, an agri-focussed NBFC, announced that it had obtained a secure credit facility from Maanaveeya Development & Finance Private Limited (Maanaveeya), the Indian subsidiary of Oikocredit, social impact investor and worldwide cooperative with over 46 years of experience in funding organisations active in financial inclusion, agriculture and renewable energy. Agriwise is a wholly-owned subsidiary…
Even flow Brands (Evenflow), an ecommerce rollup, announced it has raised $5 million in funding from a clutch of investors, according to ETtech report. The startup partners with digital-first brands that sell on ecommerce marketplaces like Amazon, Flipkart, Meesho, JioMart, and others, and helps to scale them profitably. Village Global, 9Unicorns, Venture Catalysts, LetsVenture, Shiprocket,…
Equitas Small Finance Bank, a Chennai-headquartered small finance bank, announced the appointment of Rohit Phadke and Murali Vaidyanathan to its Board of Directors. According to the company’s exchange filing, “the Board of Directors of the Bank at its Meeting held on May 04, 2022 had considered and approved the proposal for appointment of Mr Murali…
Tripadvisor, Inc. announced that Matt Goldberg has been named its Chief Executive Officer, succeeding co-founder and long-time CEO, Stephen Kaufer. “We are excited to announce the appointment of Matt Goldberg to the role of CEO,” said Greg Maffei, Chairman of the Board at Tripadvisor. “Matt has proven leadership and experience in strategy and operations for more than 20 years across a…
Piramal Enterprises Limited (PEL) announced the appointment of Yesh Nadkarni as CEO of Wholesale lending, in Piramal Capital & Housing Finance Limited (PCHFL), a wholly owned subsidiary of PEL, with a primary focus on real estate lending business. In his role, Yesh will be responsible for further expanding PCHFL’s wholesale lending business, building a high…
ABB India Limited announced the appointment of Monica Widhani and Adrian Guggisberg to its Board of Directors, with effect from May 6, 2022. Monica Widhani has a vast experience of more than three decades in Bharat Petroleum Corporation. She was the Head of Aviation in the company. Prior to that, she was the Executive Director,…
cKers Finance, an NBFC focused on financing sustainability and clean energy transition in India has announced a USD 1 million debt financing tie-up with Gradiant India Private Limited, a water treatment technology innovator. This facility is used to finance a 4MLD Effluent Treatment Plant setup on a Design-Build-Own-Operate-Maintain (DBOOM) for an invested grade off taker in…
Mindler, leading EdTech platform for career guidance and planning, has raised its Pre-Series A round of $1.5 million from investor groups associated with Edupreneur Village, Ecosystem Ventures, Inflection Point Ventures, and Chennai Angels. Edupreneur Village has invested $200K through its partner nVentures, a Singapore based VC Fund. Edupreneur Village (part of Sri Aurobindo Society) is…
Wipro Limited, a global information technology, consulting and business process services company, announced that it was ranked third in HFS Research’s Top 10 Retail and Consumer Packaged Goods Services report. The report evaluated the capabilities of 12 service providers in the evolving high-tech industry in the RCPG (retail and consumer packaged goods) operations value chain.…
SatSure, a deep tech startup working at the intersection of spacetech, Artificial Intelligence (AI), and Software as a Service (SaaS) to drive decision intelligence, announced the acquisition of SaaS application CropTrails, which was conceptualised and incorporated in the year 2018 by Indore-based startup OEPP Innovations Private Limited. CropTrails is a web and android application designed…
Pernod Ricard India (PRI), a global wine and spirit company, announced the appointment of Richa Singh, as Chief Financial Officer (CFO), Pernod Ricard South Asia and India. Joining the leadership team, Richa Singh will report directly to Thibault Cuny, Managing Director & CEO Pernod Ricard South Asia and India. In this new role, Richa will…
Finbots.AI, an AI-powered company bringing innovation to banks and financial institutions, announced that it has raised $3 million from Accel in as part of a Series A funding round. This investment comes from Accel’s Fund VII and is the first outside investment for Finbots.AI, a statement said. The funds will be used to accelerate product…
Darwinbox, a HR Tech platform, announced the appointment of Gautam Goenka to its Executive Leadership team. Gautam joins Darwinbox as Senior Vice President, Engineering. Gautam brings over two decades of rich engineering experience to the company and has previously worked with top-tier companies like Microsoft and successful startups like Kony. He is an IIT Kharagpur alumnus…
Larsen & Toubro Infotech (LTI), a global technology consulting and digital solutions company, has been ranked among the top 5 players in the latest IT Sourcing study for the Nordic region by Whitelane Research and PA Consulting. LTI scored an overall satisfaction score of 77% in the Customer Satisfaction category, well above the industry average…
The Board of Directors (Board) of InterGlobe Aviation Limited (IndiGo) announced the appointment of Dr. Venkataramani Sumantran, an Independent Non-Executive Director of the Board since May 28, 2020, as its Chairman. Dr. Sumantran succeeds Meleveetil Damodaran, who has stepped down as an Independent Non-Executive Director on May 3, 2022, on attaining the age of 75…