Category: News

B2B software-as-a-Service startup Everstage raises $1.7M in seed round

B2B software-as-a-Service startup Everstage has announced that it has raised $1.7 million in 3one4 Capital led seed funding round. Angel investors including Co-founder of Rippling – Prasanna Sankar; Co-founders of Chargebee – Krish Subramanian and Rajaraman Santhanam; CRO of Freshworks – Sidharth Malik; CTO of Conga – Koti Reddy; CEO of Ally.io – Vetri Vellore;…

Emeritus raises $650 Million Capital led by Accel and SoftBank Vision Fund 2

Emeritus, an education upskilling company, has announced a $650 million funding round, through a mix of primary and secondary funding, which values the company at $3.2 billion, quadrupling its Series D valuation from August, 2020. The investment was led by Accel and SoftBank Vision Fund 2. Accel and SoftBank Vision Fund 2 join Emeritus’ returning…

Kosal Malladi and Chintan Soni elevated to VPs at Madison Digital

Madison Digital has that Chintan Soni and Kosal Malladi has been elevated to the role of vice presidents. Speaking on the announcement, Vishal Chinchankar, chief executive officer at Madison Digital, commented, “Chintan and Kosal have been a great asset to the Madison Digital team, with the same vision of growing the vertical and taking business…

Tresthouse names Ajith Kumar as Global CHRO

Testhouse has appointed Ajith Kumar as Global Chief Human Resources Officer (CHRO) and Senior Executive Vice President – Business Transformation. “In this new role, Ajith will play a key role in organisational talent acquisition and transformation and will provide strategic leadership,” the company informed in a statement. Sug Sahadevan, Founder and Group CEO of Testhouse,…

Tech Mahindra Expands Collaboration with Microsoft to Strengthen Hybrid Cloud Capabilities

Tech Mahindra, a provider of digital transformation, consulting and business re-engineering services, has expanded its collaboration with Microsoft to strengthen hybrid cloud capabilities. According to a statement, the collaboration aims to leverage Microsoft Azure Stack HCI, a new hyperconverged infrastructure (HCI) solution to accelerate hybrid cloud transformation, consolidate virtualized workloads and build enterprise resilience. Vivek…

Creator economy focused startup Thinkly raises early stage funding

Mumbai-based VC Equanimity Investments has announced that it has invested an undisclosed amount of funding in Mumbai-based content economy focused start-up Thinkly in an early stage round. Thinkly helps independent writers, thinkers, journalists, and other content-creators to monetise their content via subscriptions. Founded this year by serial entrepreneurs Vivek Saxena, Navin Pai and Deepak Choithramani,…

Snipfeed raises $5.5M seed round

Snipfeed have recently announced that it has raised a $5.5 million seed round with investment from Charles River Ventures; Abstract Ventures; Ali Hamed at Crossbeam; id8; Michael Ovitz, founder of CAA; Michael Bosstick, co-founder and CEO of Dear Media; management agency Up North; and European funds Isai, Diaspora and First Capital. The company said that investments…

NPCI appoints Ms. Noopur Chaturvedi as CEO of NPCI Bharat BillPay

National Payments Corporation of India (NPCI) has announced the appointment of Ms. Noopur Chaturvedi as the Chief Executive Officer (CEO) of NPCI Bharat BillPay Ltd. (NBBL). As CEO, Ms. Chaturvedi’s mandate is to work on RBI’s vision to scale up the Bharat Bill Pay platform and make it the most preferred solution for all bill…

OneWeb gets $300m equity investment from South Korea-based Hanwha Systems

Hanwha, the South Korean Fortune 500, global technology and manufacturing company has announced a USD $300m equity investment by Hanwha Systems in OneWeb, the Low Earth Orbit (LEO) satellite communications company. Hanwha brings further defence capabilities and the latest antenna technologies to OneWeb, alongside relationships to new government customers and expanded geographical reach, the statement…

Novelis completes $150 mn aluminum rolling and recycling expansion in Brazil

Novelis Inc., the world leader in aluminum rolling and recycling, announced the completion of its $150 million investment to expand both rolling and recycling capacity at its Pindamonhangaba, Brazil, plant by 100 kilotonnes each. The additional recycling capacity is the newest step in support of the company’s ambitious sustainability goals to reduce its carbon footprint by 30 percent…

Former Google exec Pallav Sharda named CPO at Carrum Health

Carrum Health, a digital health company that connects employers and employees to Centers of Excellence (COEs) through a technology-powered platform for higher quality and cost-effective surgical care, announced it has named Pallav Sharda as Chief Platform Officer. Bringing a unique blend of data science, product management and clinical expertise, Sharda will lead the team responsible for scaling…

Bipasha Sanyal appointed Chief Financial Officer at TIL Ltd

TIL Limited, a leading manufacturer of infrastructure equipments in India, has appointed Bipasha Sanyal as Chief Financial Officer, w.e.f 12th August, 2021. As per the company’s exchange filing, “The Board of Directors of the Company at its Meeting held today, 12! August, 2021 has inter-alia considered and approved the appointment of Ms. Bipasha Sanyal as…

Conversational AI startup Senseforth.ai bags $14 mn from Fractal

Senseforth.ai, a Conversational AI platform that enables automated human-like conversations at scale, between organizations and people, has raised a $14 million funding from Fractal, a global provider of artificial intelligence and analytics solutions to Fortune 500 companies. This investment will help Senseforth.ai scale and expand its footprint across Fractal’s clients globally. This investment also strengthens…

Jasmin Pillay named Director – HR Consulting, Middle East & Africa at Microsoft

Microsoft has named Jasmin Pillay as Director – HR Consulting for the Middle East and Africa regions. “This is an integrated portfolio focussed on a consistent manager and employee experience through global scale and impact, empowering employees and managers, building manager capability, enabling predictive solutions through data drives insights and driving HR excellence to support our overall people…