EaseMyTrip.com, one of India’s largest online travel tech platforms, has appointed Ashutosh Sharma as Vice President, Marketing. In his new role, Ashutosh will drive the company’s marketing division and enhance brand visibility. He will also focus on strengthening EaseMyTrip’s position in the highly competitive online travel market by identifying new growth opportunities and leveraging digital…
Spendflo, an all-in-one SaaS buying and management solution, announced the completion of an $11M Series A fundraising round led by Prosus Ventures and Accel. It comes just ten months after its seed round, bringing the total funds raised to $15.4 million from investors, including Prosus Ventures, Accel, Together Fund, Signal Peak Ventures, and Boldcap Ventures.…
Arrcus, the hyperscale networking software company, announced its continued expansion of the company’s operations in India. Reinforcing the importance of the company’s India footprint, Arrcus has also hired Ashutosh Sharma as its new head of engineering for India, and expanded its TAC customer support and engineering teams. “India recently announced the launch of 5G services,…
Event-led engagement platform, Airmeet announced that it has raised $35M USD in Series B funding. New investors Prosus Ventures, Sistema Asia Fund, RingCentral Ventures, KDDI Open Innovation Fund, DG Daiwa Ventures and Nexxus Global participated alongside existing investors Sequoia Capital India and Accel India in this round. Funds raised will go towards expanding its footprints…
ElasticRun, a Kirana Commerce Platform that enables businesses to reach small Kirana stores in the deep rural parts of India, announced it has raised $75 million in its Series D financing round co-led by existing investors Avataar Ventures and Prosus Ventures, according to TechCrunch report. Existing investor Kalaari Capital also participated in the round, which…
API Holdings, the parent company of Mumbai-based online pharmacy PharmEasy, has raised an investment of $350 million from Prosus Ventures and US-based private equity firm TPG Capital, according to ET report. Prosus Ventures (previously Naspers Ventures) has backed Indian technology startups like Swiggy, Byju’s and Meesho. The deal is estimated to have valued Pharmeasy at…
Ummeed Housing Finance, a housing finance company, announced it has raised Rs 164 crore from a fund managed by Morgan Stanley Private Equity Asia. Existing investor LGT Lightstone Aspada also took part in the funding round. The Gurugram-headquartered company will utilise the funds to further expand its reach to newer geographies. The company will also…
L&T Technology Services Limited, India’s leading pure-play engineering services company, was felicitated for its Robotic Endo-training Kit at the 8th Foundation Day of Global Innovation & Technology Alliance (GITA) on Thursday, 28th November 2019 at Hotel Le Meridien, New Delhi. Hon’ble Minister of Science & Technology, Health and Family Welfare and Earth Sciences Harsh Vardhan…
In the recently announced India Innovation Index 2019, Karnataka tops the list and is followed by Tamil Nadu, Maharashtra, and Delhi. NITI Aayog with Institute for Competitiveness as the knowledge partner have been responsible for the study towards the release of India Innovation Index (III) 2019. The study is in line with the thought that…