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Corporate

Bira 91 collaborates with Accenture to accelerate enterprise reinvention journey

Indian premium beer company, Bira 91, which spans 24 countries, is collaborating with Accenture to drive growth, increase business agility, and accelerate innovation through an enterprise reinvention program. As part of its transformation strategy, Accenture will help Bira 91 design and deploy a digital core—which includes data, artificial intelligence, and machine learning—using SAP S/4HANA to enable a […]

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Investment

Enterprise CLM player SimpliContract raises $ 3.5 mn in pre-Series A funding led by Emergent Ventures

SimpliContract, a leading player in the Contract Lifecycle Management (CLM) market with its AI-powered SaaS platform, has successfully closed a pre-series A funding round with $3.5 million raised. The investment was led by Emergent Ventures, with participation from Kalaari Capital, Picus Capital, Foster Ventures, Leslie Ventures, and Sentinel Ventures. The funds will primarily be used […]

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Executive Movements

AvantStay appoints Ankur Jain as Chief Financial Officer

Hospitality platform AvantStay has appointed Ankur Jain as Chief Financial Officer. Jain joins AvantStay as a seasoned finance and startup executive with more than a decade in the real estate sector, including his previous roles as CFO of Better Place Forests (BPF); CFO and Founding Team Member at Mynd; and Vice President of Finance of Starwood Waypoint […]

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Executive Movements

Ankur Jain appointed Chief Business Officer of Sunstone Eduversity

Sunstone Eduversity announced the appointment of Ankur Jain as Chief Business Officer. Jain is the founder of HostelFund, which he runs in parallel to managing his portfolio at Sunstone. Jain founded HostelFund in 2020. With over 12 years of expertise in Sales, Marketing and Business Development, he will be responsible for Sunstone Eduversity’s expansion into […]

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Investment

Gurugram-based Metvy raises pre-series round from HostelFund

Metvy, an AI driven networking platform for individuals and organisations which aims to provide a seamless end to end networking experience, has raised an undisclosed pre-series round of funding from HostelFund.  Founded in 2018 by Shawrya Mehrota and Rajan Luthra, Metvy had earlier raised seed funding from an incubator backed by the government of Delhi.  […]

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Investment

SupportLogic raises $12 mn funding led by Sorenson Ventures

SupportLogic, the world’s first intelligent support platform for customer support/success teams, announced that it has raised $12 million of seed and series A funding, led by Sorenson Ventures. This latest series A round will help the company drive its market expansion and fuel customer acquisition efforts. SupportLogic’s latest series A round combined with its earlier […]

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Executive Movements

Ankur Jain appointed Chief Product Officer of BharatPe

BharatPe, a UPI payments and digital lending platform, announced that it has appointed Ankur Jain as Chief Product Officer. In his new role, Ankur will contribute to BharatPe’s plans to scale up its footprint to 10 million merchants this year. Ankur becomes the fifth CXO at BharatPe. He will be joining Vijay Agarwal (CTO), Nishit Sharma […]

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Investment

Bira91 owner B9 Beverages raises $20 mn bridge financing from Sequoia, Sofina

B9 Beverages, which owns and sells craft beer brand Bira 91, announced that it has raised $20 million in bridge financing from two of its existing investors– Sequoia Capital India and Belgium’s Sofina. Other investors that took part in the funding round include Korean private equity fund Neoplux and multiple family offices, whose names remain […]