Indifi Technologies, an online lending platform, has announced that it has secured Rs 340 crore in series D funding round. The announcement informed, “The funding includes an equity component of Rs 140 crore led by CX Partners and OP Finnfund Global Impact Fund I, and Rs 200 crore in debt financing from Vivriti, Northern Arc,…
MentorKart, a tech-based mentorship patented platform, announced that in its extended round of funding, it has raised funds from LetsVenture and senior actor & motivational speaker Ashish Vidyarthi taking total funds raised till date to USD 250K. According to MentorKart, it will utilise the funds for its go-to Market plans, enhancing its platform, strengthening tech…
Hero MotoCorp, a global manufacturer of motorcycles and scooters, has appointed Rajnish Kumar – former chairman of State Bank of India (SBI) – as an Independent non-executive Director on the Board of the Company. Kumar completed his three-year term as chairman of SBI in October 2020. He is credited with steering the bank successfully through…
GHCL Limited, a chemical & textile company, signs a MoU (Memorandum of Understanding) with the Government of Tamil Nadu for investing Rs 500 crores in the state. The MoU was signed by M. Sivabalasubramanian, CEO (Yarn Division) GHCL and Pooja Kulkarni IAS, MD & CEO, Guidance, Industries Department, Government of Tamil Nadu in the presence…
MoEngage, the insights-led customer engagement platform, has announced their Customer Advisory Board (CAB). The CAB will serve as a strategic advisor for MoEngage, as the company continues innovations around AI-powered cutting-edge technology to transform the future of Customer Engagement and Experience Management, according to a statement. “We are fortunate to be working with some of…
Tej Courier has partnered with Shipsy, a SaaS-based smart logistics management platform provider, to digitize core last-mile delivery operations. Tej Courier, a Ghatge Group company, is a parcel service provider headquartered in Maharashtra. The company has a comprehensive portfolio of priority and premium document and parcel services with a service network that extends beyond urban…
IndusInd Bank Limited announced the appointment of Girish Koliyote as Company Secretary and Compliance Officer, effective November 27, 2021. According to the company’s exchange filing, “We have to inform that as a part of orderly succession to the position of the Company Secretary and Compliance Officer, the Board of Directors of the Bank have, in…
India’s multi-lingual micro-blogging platform – Koo has launched a special initiative in collaboration with Fortis National Mental Health Program, Fortis Healthcare. According to a statement, “The three-day interactive program will be held from between 8.00 PM and 9.00 PM from November 26 – 29, 2021, and has been curated specially for students and parents. The…
Qandle – an HRMS startup, has announced turning profitable. The announcement said, “the brand has witnessed a splendid growth of 200+ percent in the calendar year 2021. The startup has been relentlessly working towards making the HR migration in the new normal a smooth experience with the launch of back-to-back new solutions. The brand has…
MyGate, India’s community app, is planning to create over 200 new jobs over Q4 2021-22, to grow new business verticals, such as Community and Brand Engagement and Home Services. Engineering and product departments, based in Bengaluru, would account for the majority of its talent search, with the team expected to hit a size of 200…
WNS Cares Foundation (WCF), the CSR arm of WNS Global Services, has announced that it has collaborated with Robotex India to empower children and youth with practical knowledge around cybersafety through its digital platform CyberSmart. “CyberSmart was launched with the vision of empowering every child in the country to safely navigate the virtual world. WCF’s…
LG Electronics announced it has promoted its chief strategy officer Cho Joo-wan as its new CEO, according to IANS report. The company said its current Chief Strategy Officer Cho Joo-wan will assume the top post of the tech company, effective from December 1. Having joined the company in 1987, Cho has worked for the company…
Xcelerate Pte Ltd has announced a strategic equity partnership with Aparajitha Corporate Services Pvt. Ltd. (Aparajitha), a Compliance Services solutions provider in India, by acquiring a controlling stake. Xcelerate Pte Ltd (Xcelerate), a Singapore headquartered platform, is creating a Governance, Risk and Compliance (GRC) investment and operational organization to offer comprehensive GRC solutions to clients…
Aurionpro Solutions Ltd (Aurionpro) has entered into a definitive agreement for acquisition of majority stake (51%) in Toshi Automatic Systems Pvt. Ltd. (TASPL), a Ghaziabad, an Uttar Pradesh-based company and an innovator with products and solutions in Industrial, Public Safety, Mass Transit segments. TASPL is a leading manufacturer & supplier of automatic gates required in…
Former IDFC First Bank executive Vishweshwaran Ramakrishnan has joined Tamilnad Mercantile Bank as Chief Digital Officer, according to ETCIO report. Headquartered in Thoothukudi, Tamil Nadu, Tamilnad Mercantile Bank is a commercial private sector bank having more than 509 branches and 1131 ATMs throughout the country. In this new role, Ramakrishnan will be overseeing the bank’s…