Student housing startup Stanza, recently announced that it will venture into managed housing for working professionals with a capacity of 10,000 beds in four cities. The company plans to add an additional 50,000 beds in the new segment with an investment of ₹150Cr for expansion. According to a LiveMint report, the company initially will focus…
Fintech startup PolicyBazaar recently announced changes in its top management. The online insurance aggregator has appointed former Venture Capital investor Sarbvir Singh as its new CEO. Company Co-Founder Yashish Dahiya will take up a broader group CEO role. It has also appointed Sharat Dhall as its new Chief Operating Officer. Prior to joining PolicyBazaar, Singh…
An online learning and teaching player, Udemy, has announced the appointment of Prasad Gune as senior vice president- Product. His role will be to lead the company’s product management, design, and UX research teams. Earlier, Gune had worked as SVP(Product) at OpenTable, where he led a 70-person product and design team. As per the company’s…
Sogefi Group a leading global supplier of auto components has set up a new state of the art manufacturing facility, Allevard- IAI in Chakan, Pune. Sogefi Group which designs, develops and produces filtration systems, flexible suspension components, air management and engine cooling systems entered into a51: 49 JV with group company Allevard Rejna Autosuspensions and…
Alten Group, a leading European company in the field of technology consulting and engineering, is looking at strengthening its presence in India. The company is planning increasing its headcount, and develop India as a major R & D hub. The business presently employs about 15,000 employees in 14 countries. In India they are planning to…