Hyperlocal logistics startup Shadowfax has raised $100 million in a mix of primary and secondary investments as part of its latest funding round led by growth investor TPG NewQuest, according to ETtech report. Existing investors including Mirae Asset Management, Flipkart, International Finance Corporation, Nokia Growth Partners, Qualcomm, and Trifecta Capital also participated in the fundraise.…
AllTrak, a healthcare Technology and logistics platform has raised INR 4.2Cr in a pre-series Around led by Inflection Point Ventures. The funds will be allocated towards team expansion, technology enhancement, and logistics operations expansion across multiple cities in India, a statement said. AllTrak, B2B HealthTech company, offers end-to-end solution to diagnostic companies. AllTrak solutions include…
Yulu, India’s market leader in shared electric Mobility-as-a-service (MaaS) and Battery-as-a-service (BaaS) businesses, announced infusion of $82 million (Rs 653 cr) in Series B funding, led by mobility technology company, Magna International Inc, according to Financial Express report. This funding is primarily for strengthening Yulu’s product and technology innovation and increase its EV fleet to…
Electric mobility startup Yulu has appointed Rupini Raman as the Head of Human Capital. Most recently, she served Vivriti Capital as Head of HR. In this new role, Raman’s key responsibilities will be to build Yulu into a preferred employer brand, scale up the talent pool, and create an inclusive, enriching and progressive work culture,…
TrulyMadly has raised $2.1 million in a pre-Series A funding round from Venture Catalysts, 9Unicorns, Jana K. Balan, Negen Capital’s Neil Bahal and Ruchi Sihare. Existing investors Inflection Point Ventures, The Chennai Angels and AngelList. A clutch of startup founders—including Paytm’s Vijay Shekhar Sharma, InMobi’s Abhay Singhal and Piyush Shah, Nodwin Gaming’s Akshat Rathee and…
U GRO Capital, a BSE listed, sector focused small business lending fintech platform has appointed Mr. Amit Gupta as Chief Treasury Officer. In this role, he will build long term partnerships with Public & Private Sector Banks, Capital Market linked borrowings, Development Financial Institutions and Banks for Co – Lending. Prior to joining U GRO…
Milagrow, a consumer robots brand in India, has announced the appointment of Amit Gupta as Vice President of Sales and Aloke Sanyal as Head of Customer Care Operations. Both Gupta and Sanyal aim to contribute towards expanding the company’s offline channels pan India and ensure a world-class customer care experience respectively, according to a statement.…
TO THE NEW, a digital technology company providing digital transformation and product engineering services to ISVs, Consumer Internet, and large enterprises across the globe, announced the appointment of Amit Gupta as Chief Financial Officer. In this new role, Gupta will be responsible for overall financial management, corporate development, and leading the company’s growth strategy. An…
Yulu, a shared micro-mobility service provider using electric two-wheelers to reduce traffic congestion and air pollution in urban India, announced that it has raised Rs 30 crore in a fresh funding round, according to a VCCircle report. The current financing round has been led by Rocketship.vc, a US-based venture firm. Existing investors also participated in…
Bajaj Auto Limited (BAL), the leading automaker of India, has joined hands with Yulu, the largest shared e-mobility service provider, to transform urban commute in India. Bajaj Auto Ltd is investing $8mn in YULU, to compliment this strategic relationship. Yulu will source from Bajaj electric two-wheelers which have been co-designed and manufactured exclusively for shared…