Category: News

Craig Butterworth Joins Droit as Chief Commercial Officer

Droit, the New York, London and Sydney based technology firm at the forefront of computational law, has announced the appointment of Craig Butterworth as Chief Commercial Officer. Reporting to Brock Arnason, Founder and Chief Executive, Craig joins the Droit executive team to lead the firm’s commercial activities. Based in London with global responsibility, Mr. Butterworth…

Vikas Guru appointed Chief Financial Officer at Cashfree

Cashfree, a digital payments and banking technology company, announced it has appointed Vikas Guru as the Chief Financial Officer, to fuel the next phase of its growth. Vikas will bring in a new level of insight, requisite experience, and strategy to drive the change and build an agile finance function at Cashfree. He will oversee operations, reporting,…

True Elements appoints Ved Agarwal as Head of Marketing

True Elements, amongst India’s first Clean Label nashta (breakfast and snacks) brand, has announced the appointment of Ved Agarwal as its Head of Marketing. In addition to building a brand that customers trust and love, Ved will also fuel the demand-generation engine across online and offline channels, the statement said. An MBA alumnus from FMS Delhi,…

Ashish Sharma joins Arthur D. Little as Partner

Arthur D. Little (ADL) announced Ashish Sharma has joined the company as a Partner. This continues on from a series of local appointments to strengthen ADL’s presence in India as it scales its regional footprint, the company said. Sharma will be based out of the company’s Delhi office. Sharma has over 20 years of consulting…

QPS Global announces expansion plans, to hire 300+ employees globally

Que Processing Services (QPS Global), a global card issuance and processing platform, announced it has plans to expand its operations across the Middle East by investing USD 10mn in next 6-12 months. QPS has recently announced its expansion across the European continent, with an investment of 10mn pounds to set up their operations in London.…

Tata Sons subsidiary acquires controlling stake in Tejas Networks

Tejas Networks announced that it has executed definitive agreements with Panatone Finvest Limited (Panatone), a subsidiary of Tata Sons Private Limited (TATA), which will entail: a)  Preferential allotment of 1.94 crore equity shares at a price per equity share of INR 258 per share aggregating to INR 500 crore; b)  Preferential allotment of 3.68 crore warrants, each carrying a right…

LTI wins PTC Partner Network Award for Transformation in Manufacturing Operations

Larsen & Toubro Infotech, a global technology consulting and digital solutions company, has been named Winner of the PTC Partner Network Awards in the category of Transformation in Manufacturing Operations. LTI also emerged as a finalist in two additional categories of Most Impact in Digital Transformation at Scale and Trailblazer/Innovation Project. These awards recognize the…

Poonawalla Fincorp strengthens its leadership team with new appointments

Poonawalla Fincorp Limited (Formerly Magma Fincorp Limited), has revamped, and strengthened its leadership team. As a part of its transformation exercise Poonawalla Fincorp has brought in various industry leaders through a string of top executive hirings across the functions. Rajendra Tathare, with more than two and a half decades of experience in credit risk and…

Detel appoints Ravneet Singh as General Manager – EV Manufacturing

Detel, a consumer brand, has announced the appointment of Ravneet Singh as General Manager – EV Manufacturing. Dr Yogesh Bhatia, Founder of Detel, stated, ”Ravneet has a unique understanding of ancillarisation and development in electric bikes. He has a proven record of handling the production of large plant manufacturing of 2-wheelers. I am confident that…

Easy secures $15M in Series A round led by Xponentia Capital

Mortgage tech platform Easy has announced that it has secured $15 million in Series-A round led by Xponentia Capital. VC funds Harbourfront Capital, RaSa Future Fund, Finsight VC, Navida Capital AB, Integra Software and Helena Wasserman Eriksson also participated in the funding round. Speaking on the announcement, Rohit Chokhani, Founder and Director, Easy, commented, “A…

MyLads seals an investment round of €7.6M

MyLads has now closed a €7.6 million seed investment round led by Riva Technology and Entertainment (RTE), to leverage Tech areas (new AR experiences and others), and attract new international clients. RTE’s diverse portfolio of companies will allow MyLads to benefit from a range of industry leaders, according to a statement. In addition, investor António…

IIT, Madras Research Park Announces Partnership with emids

emids, a digital engineering and transformation solutions platform, has announced its partnership with the Indian Institute of Technology, Madras (IITM) Research Park (RP). “As the digital accelerator in healthcare, emids’ investment in the innovation lab will expand its horizon with access to 200+ labs and test facilities available at the Research Park and through its…

Fintech platform slice secures Rs 75.5 Cr in debt round

Slice, a payments and credit start-up, has announced that it has secured Rs 75.5 crore in debt in the Q1FY22 from various financial institutions including Northern Arc Capital, Credit Saison India, Vivriti Capital, Niyogin Fintech Limited and others. Speaking on the announcement, Rajan Bajaj, Founder and CEO, slice, commented, “The banking industry in India often views credit cards…

Gupshup Raises Additional $240 Million

Gupshup, a conversational messaging platform, has announced that it has raised an additional $240 million in follow-on funding from a group of investors including Fidelity Management and Research Company LLC, Tiger Global, Think Investments, Malabar Investments, Harbor Spring Capital, certain accounts managed by Neuberger Berman Investment Advisers LLC, White Oak, Neeraj Arora and others. This…