Zetwerk, a Bengaluru-based manufacturing services platform has recently raised $2.2million in a fresh funding round from InnoVen Capital. The company was founded by Amrit Acharya, Srinath Ramakkrushnan and Vishal Chaudhary. The company specializes in connecting manufacturing companies with vendors and suppliers for customized products. On the other hand, the company also has a demand model…
Thomas Cook (India) Ltd., India’s integrated travel and related financial services company, spearheads the government’s domestic tourism agenda, by launching its unique #BingeOnBharat campaign- offering Indians the benefit of 15 domestic holidays in 2020 at a truly affordable price of merely Rs 1.5 lakhs per person. This initiative aims to give impetus to the recent…
Infosys, a next generation digital services and consulting company, has been named a ‘Leader’ in Gartner’s Magic Quadrant for IT Services for Communications Service Providers, Worldwide. Infosys was recognized for its ability to execute and completeness of vision. Gartner defines Leaders as those who are “suited for most ITS-CSP engagements. They are market leading in…
Uniplatform Tech, a platform that enables information exchange between real estate platforms, has raised an undisclosed amount from Frontline Strategy Finds, SucSEED Venture Partners LLP and other investors. The company was founded by Rohit Manghnani, Amit K Jaiswal, and Iccha Manghnani in 2015. The company will utilize these funds to expand its team and footprint…
Indian Bank, a Public Sector Bank, with headquarters in Chennai has invited applications for the post of Specialist Officer. As per the released notification, a total of 138 vacancies are open for the post of Assistant Manager, Manager, and Senior Manager. Interested candidates can apply online for the job at the official website of the…
Trade between India and Brazil is expected to grow to $15 billion by 2022. Brazil has been India’s one of the most important trading partners in the entire LAC (Latin America and Caribbean) region. During the recent visit of Brazil’s President, Jair Bolsonaro, 15 MoUs have been signed between the two. The MoUs of cooperation…
Billionaire stock market investor Rakesh Jhunjhunwala is being probed by the Securities and Exchange Board of India for insider trading in education firm Aptech. It is reported that Jhunjhunwala and his family owns a majority stake in the firm. According to a Livemint report, “the market regulator is examining the time period of February 2016…
Ola, the leading ride-hailing company, has appointed Sanjiv Saddy as senior vice president, Corporate Affairs. Prior to this, he was working with Flipkart, leading its government relations and corporate affairs mandate. He has also worked with Tata Communications, Emaar MGF Land Ltd and Travels Ltd, among other companies. In an email to the Ola employees,…
MoneyTap, an instant loan service provider, has raised ₹500crores in a Series B funding round led by Aquiline Technology Growth (ATG), RTP Global and Sequoia India. Existing investors Prime Venture Partners and MegaDelta have also participated. The company was founded by Bala Parthasarathy, Kunal Verma, and Anuj Kacker in 2015. The company will use these…
WizKlub, a program that builds Higher Order Thinking Skills(HOTS) in kids, has raised ₹7crore in a seed funding round led by Incubate Fund India, with participation from Insitor Impact Asia Fund. The company was founded by Amit Bansal in 2018. The company will utilize these funds for product and market expansion. In a media statement,…
JK Technosoft, a global software service and solutions, has appointed Santosh Bhosle as Global Practice Head for Digital Services. Prior to this, he was Global Practice Head and Global Delivery Head for Pega Practice at Atos. In a media statement, Satish Gupta, Executive Director, JK Technosoft Ltd., stated, “We are pleased to welcome Mr. Santosh…
InterviewBit, a platform to learn skills that you need for technological jobs, has raised $20 million in a Series A financing round led by Sequoia India and Tiger Global. The company was founded by Abhimanyu Saxena and Anshuman Singh in 2015. The company will utilize these funds to scale up enrolment and launch itself in…
Hostel chain Tribe Theory recently announced that it has raised $3.5million from venture Capitalist Tim Draper. The international entrepreneur-focused hostel chain, Tribe Theory was founded in Singapore by Vikram Bharati. The company entered the Indian market after the acquisition of Construkt Startup Hostels founded by Shashikiran Rao and Karan Bahadur. With the recent fundraising, the…
In order to share knowledge and experience about cutting edge digital technologies among India’s oil and gas companies, GAIL (India) Limited organised an Industry Meet on Digital Transformation. Inaugurating the Industry Meet, GAIL Chairman & Managing Director Ashutosh Karnatak said “Digital Yatra 2.0 is launched. Gone are the days to walk and run, not even…
Beating the global economic slowdown, venture capitalists are eyeing heavy on the Indian startup ecosystem. One of the most active investors in India, Sequoia Capital is in planning to launch a $1.25billion fund making it the largest venture fund specially dedicated to Indian startups to date. It is being estimated that the new fund will…