LEAD, India’s largest School Edtech, announced that established banks and marquee investors have backed its robust and sustainable business model with an investment of ~Rs. 160 Crores. LEAD’s latest round of funding was via a mix of long term capital from Alteria Capital and Stride Ventures, India’s marquee venture debt investors; and working capital financing…
STL, an integrator of digital networks, announced the addition of Tushar Shroff as Group Chief Financial Officer, to its global leadership team. Tushar Shroff is a qualified Chartered Accountant and Cost Accountant with an experience of more than 28 years in the field of fundraising, capital structuring, mergers & acquisitions, treasury management, taxation, financial accounting…
STL, one of the industry’s leading integrators of digital networks, announced its divestment of Impact Data Solutions Limited (IDS), UK, as a part of its consolidated strategy to focus on its core business segments of optical solutions and global services. With a strategic intent to play to its core, STL will sell its equity in…
STL, an integrator of digital networks, announced the addition of Ashwini Bakshi as Chief Sales Officer to its global leadership team. In his new role, Ashwini will be a part of the Executive Committee of the company and will be responsible for driving the company’s order book and revenues across portfolios, customer segments and geographies,…
STL, an industry-leading integrator of digital networks, announced the appointment of Paul Atkinson as the Chief Executive Officer for its Optical Networking Business. Before STL, Paul Atkinson was the Managing Director and Group CEO at IXOM, Australia. Prior to IXOM, Paul was associated with the Prysmian for over 20 years as the CEO of affiliate’s…
Jumbotail, India’s leading New Retail platform and B2B marketplace for food and grocery products, has raised INR 35 Crore from Alteria Capital. This venture debt round comes after a $25M equity round concluded in January 2021. The company plans to use the funds to expand its operations across the entire country, fund its working capital…
STL, an industry-leading integrator of digital networks, announced a partnership with Vocus Group, a specialist fibre and network solutions provider in Australia. This deal strengthens STL’s presence in the Australian market, helping network creators deploy high capacity nationwide networks faster. Vocus Group Limited is Australia’s specialist fibre and network solutions provider, connecting all mainland capitals…
Do Your Thng (DYT), a tech-driven branded content marketplace that connects brands to creators, has announced the appointment of Bhavna Darira as Business Head. Darira has 25 years of global marketing experience in media, financial services, luxury fashion retail, telecom and FMCG, according to a statement. Most recently, she held the position of National Category…
NeoDove, a leading AI driven contact center automation platform, announced that it has raised an undisclosed amount of funding led by Ankit Garg, founder of WakeFit and others. The startup boasts of over 100 clients from 16 states across Finance, Education, Automobile, NGOs and other industries. More than 1000 users are using their solution for…
Phool.co, an IIT Kanpur-backed biomaterial startup, announced that it has raised $1.4 million in pre-Series A funding round led by IAN Fund and Kaplan Foundation, according to YourStory report. The Kanpur-based startup will use the funding to advance the research and scale the operations of the company. Founded in 2017 by Ankit Agarwal and Prateek…
Alankit, a market leader and eminent name in the Financial and digital solutions industry with business segments like e-Governance, Financial Services, Healthcare and Insurance Broking announced their partnership with IDP, an industry leader in innovative identification card printer technology. Alankit is launching innovative Smart Card Printing solutions range (SOLID series – first in India) for…
Drink Prime, a Bengaluru-based water purifier startup, announced that it has raised over Rs 3.6 crore as part of its seed round of funding from a clutch of investors including Snapdeal founders, as stated in a media report. Angel investor Bharath Jaisinghani and Ankit Agarwal, who is the director at Innoven Capital, also participated in…
Bounce, a Bengaluru-based scooter sharing startup, announced it has raised $6.5 million in debt funding from existing investor InnoVen Capital. This is the third time InnoVen Capital has invested in Bounce in a span of 18 months. The total debt investment now amounts to $12 million. The company will utilise the funds in financing electric…
DYT(Do Your Thng), an online shared economy platform that connects brands with millions of social media users, has raised $ 150K from angel investors Puneet Chandra (Founder and Joint Managing Director at Skootr Global Private Limited), Sorabh Agarwal (Former MD of Copal Partners), Amit Dharod and Girish Minocha among others. The company was founded by…
Navi Technologies, a consumer-centric and technology-driven business in the BFSI (Banking, Financial Services & Insurance) space, has received about Rs. 888 cr from its founder Sachin Bansal. Navi Technologies was earlier known as BAC Acquisitions. The company was founded by Sachin Bansal & Ankit Agarwal in 2018. Sachin Bansal also invested $3 million each in…