Fintech startup MobiKwik has promoted Anshuman Misra as its Chief Product and Technology Officer (CPTO) with immediate effect. In his new role, Misra will work with the product, design, engineering, infrastructure and security functions at MobiKwik. Bipin Preet Singh, co-founder and CEO of MobiKwik, said, “Anshuman has done phenomenal work in building product leadership for the business. He spearheaded…
Dyte, a live video and audio platform, announced a $11.6 million funding round led by Unbound, Sequoia Capital India’s Surge and Nexus Venture Partners. The new funds will be used to expand the startup’s product and technical teams, with an emphasis on foreign hires, a statement said. Founded in 2021 by Abhishek Kankani, Kushagra Vaish,…
German IT major SAP and Indian dairy pioneer Amul, along with a local non-government organization Pratham Infotech, have joined hands for an inclusive and sustainable community outreach development program amongst 1.5 million people in Anand, Gujarat, SAP announced in a press release. As part of its corporate social responsibility (CSR) activity, SAP is focusing on social…
Vesttoo, a global alternative risk transfer and investment platform, announced that it has recruited corporate finance expert Dr. Sanjiv Sobti to its advisory board. Dr. Sobti has over 35 years of experience in his career on Wall Street and is known for serving as a key advisor to managements and boards on strategic business combinations and critical capital…
Sterling & Wilson Renewable Energy Limited (SWREL) announced three appointments to its Board, with effect from April 7, 2022. Naina Krishna Murthy has been appointed as Independent Director on the company’s Board and Balanadu Narayan, Saurabh Agarwal were designated as Additional Directors. Naina Krishna Murthy has been practicing law for 26 years and specializes in…
Wipro Limited, a global information technology, consulting and business process services company, announced the appointment of Anis Chenchah as member of the Wipro Executive Board and Chief Executive Officer, APMEA (Asia Pacific, India, Middle East and Africa). Anis has over two decades of experience in Consulting, IT and Business Process Services. He joins from Capgemini…
Utthunga Technologies, an industrial product engineering and solutions provider, has realigned their business and branding strategy to ride industrial tailwinds in manufacturing technologies. The firm has changed their brand color to blue to symbolize the movement from sensor to cloud and highlight the core values of knowledge, integrity and seriousness towards customer success, a statement…
Accenture has agreed to acquire Avieco, a leading U.K. sustainability consultancy. Upon close of the deal, the acquisition will build on Accenture’s scale and expertise in helping companies across a wide range of sectors to understand, manage and improve their sustainability performance, and create sustainable value for their stakeholders. The acquisition will strengthen the Accenture Sustainability Value Promise to embed…
GoalTeller, a wealth-tech start-up, announced it has onboarded Pankaj Fitkariwala as a Co-Founder at the company. Prior to joining GoalTeller, Pankaj was the COO of Avendus Wealth and Finance. In his illustrious career spanning more than two decades, Pankaj has also worked with IIFL Wealth (where he was senior managing partner and managed various functions…
Foodtech unicorn Rebel Foods has acquired a majority stake in chocolate brand SMOOR. Financial terms of the deal are not disclosed. With this investment, SMOOR eyes to grow by three times in FY 2022-23. This partnership would further help its growth, according to a statement. Founded in 2011 by Jaydeep Barman and Kallol Banerjee, Mumbai-based…
Venture Capital firm Fundamental Labs has announced a US$20 million placement in Binance.US, one of the largest digital asset exchanges by trading volume in the United States and ranks among the top exchanges by volume globally. The deal was part of Binance.US’s first seed fundraising round which netted the cryptocurrency exchange platform US$200 million at…
GROWiT, a Surat-based protective farming agritech platform, announced it has raised INR 3 crores in seed funding through a close network of investors. The round was led by Mehul Shah from IVY Growth. Other investors who joined the round are Coppermint LLP, Gaurav Singhvi (Co-founder, WFC), Rajeev Goel (Sagar Life Sciences), Sunay Shah (Mahati Electrics), Rohan Desai…
Orient Electric, a part of CK Birla Group, announced the appointment of Aditya Kohli as Chief Human Resources Officer. Kohli will be based in New Delhi. Kohli has a vast experience of more than 23 years working with companies like Hewitt Associates, Standard Charted Bank, Bharti Airtel, and Clix Capital. Rakesh Khanna, MD & CEO,…
International Holding Company PJSC (IHC), the Abu Dhabi based conglomerate, announced it will invest USD 2 billion as primary capital in three Adani portfolio companies – Adani Green Energy Ltd (AGEL), Adani Transmission Ltd (ATL) and Adani Enterprises Ltd (AEL). Earlier today, the boards of AGEL, ATL and AEL met and approved the transaction. The…
Kapitus, the provider of financing for small and medium sized businesses in the United States, announced the expansion of its operations with the opening of its office in Chennai, India. The expansion comes as part of a larger roadmap of company growth and denotes Kapitus’ commitment to delivering innovative, customizable business financing options, a statement…