Spark Minda, an auto ancillary manufacturer, has announced the appointment of Neeraj Mahajan as Group President – Marketing and Arvind Chandra as the CEO – Business Vertical 1 (Mechatronics). Ashok Minda, Chairman and Group CEO, Minda Corporation Limited said, “I am very excited to onboard such accomplished business leaders having rich industry experience of 25…
American hedge fund company, Tiger Global Management, has closed a $3.75 billion global private investment vehicle, as per media reports. India will be among the three key focus geographies for the new vehicle – Tiger Global Private Investment Partners XII – along with China and the US. The firm had emerged as one of the…
On the occasion of 71st Republic Day, the Government of India announced the list of prestigious Padma Awards naming 118 people as recipients. Among these awardees, 11 business leaders were also honored for their contribution to the trade and industry of the country. The recipients are eminent personalities from fields of art, trade and industry,…
Facebook has announced the appointment of Avinash Pant as marketing director of India operations. The role of marketing director is a newly created role by Facebook India to look after the company’s marketing efforts across platforms like Instagram and WhatsApp. Avinash will report to Ajit Mohan, who’s Facebook India’s vice-president and managing director. “Consumer marketing…
Bithal Bhardwaj joins GMR Group as its Chief Information Security Officer. Bithal left GE to join the GMR Group. His role will be based out of New Delhi. Earlier, Bithal had served in GE for 13 years, handling many roles in the company. In GE, he was handling the role of Regional CISO leader, looking…
Konfinity, an online coding course provider, has raised its seed funding from AngelList and a cluster of other investors. The company was founded by Navratn Singh and Kamal Pandey in 2017. The company will utilize these funds to expand the startup’s services to over 100 colleges across 12 cities in the next six months. In…
INDwealth, an AI driven financial advisory engine for High Net Worth Individuals (HNI), is now raising its Series C funding round from existing and new investors. The company was founded by Ashish Kashyap, Pratiksha Dake and Varun Bhatia in 2018. The company has raised over $45 million funding in its last two rounds from Steadview…
The objective for showcasing the tableau is to motivate and inspire people to generate wealth and become job creators and not just stay limited to job seekers. The Ministry of Commerce and Industry has announced that it will showcase a tableau based on the government’s initiative Start-Up India at the 71st Republic Day Parade. The…
Noida-based Info Edge has recently announced the launch of its maiden venture capital fund to back tech start-ups in India. Info Edge, which is also the parent company of the online job listing platform Naukri.com, is widely known for backing Zomato and PolicyBazaar. Naming it as Info Edge Venture Fund (IEVF), the new entity is…
Airbus has signed a contract with Bengaluru-based startup Traxof Technologies to automate the talent acquisition process for Airbus’ Information Management (IM) organisations in India and Europe.
TechnifyBiz, an online B2B platform to buy wholesale dry fruits, has raised $2 million in its seed round of funding from agritech-focused venture capital investor Omnivore and social venture capital fund Insitor Impact Asia Fund. The startup was founded by Akash Sharma and Abhishek Agarwal in 2017. Earlier, it had raised angel funding from R…
Godrej Properties Ltd., one of the leading real estate developers, is launching a luxurious residential development at RK Studios, Chembur. GPL is currently launching Collector’s Edition 3 and 4 bedroom residences. Like the many stories that have been filmed within its walls, this development on RK Studios’ land, through its architecture, well-designed opulent spaces, and…
Eupheus Learning, an ed-tech company, has raised $4.3 million in its Series A round funding through a mix of equity and venture debts. The company was founded by Sarvesh Shrivastava, Ved Prakash Khatri, and Amit Kapoor in 2017. The company will utilize these funds to increase nationwide presence, develop new product offerings, and expand the…
TikTok, a mobile video app, announced that the company has hired attorney Erich Andersen from Microsoft to serve as the company’s global general counsel. Earlier, Andersen was Microsoft’s chief intellectual property counsel, where his role was to bring expertise in an area which is now a key concern to TikTok as it builds out its…
Royal Philips, a global leader in health technology, has highlighted its industry-leading AI driven enterprise imaging portfolio including innovative digital imaging platforms, advanced informatics and a suite of services at the 73rd Annual Conference of the Indian Radiological and Imaging Association. The company also introduced its advanced solutions such as Lumify (app-based high-quality portable ultrasound),…