Bond Financial Technologies, Inc., a company building an enterprise-grade financial technology platform, announced it has raised a $32 million Series A funding to connect digital brands to banking partners without the friction that has beset early movers in fintech. The current financing round was led by Coatue, with participation from existing seed investor Canaan and…
American financial services firm Goldman Sachs recently said that it will honour all the jobs and internship offers made to 1,460 Indian graduates and students amid coronavirus pandemic. According to a Reuters report, the US-based bank has said that it will honour all the 1,460 offers, which is equivalent to quarter of its workforce in…
Rebel Foods, Mumbai-based cloud kitchen operator, announced it has raised $50 million in a fresh funding round from existing investor, US-based hedge fund Coatue Management, according to its filings with the Registrar of Companies. Earlier in 2019, Coatue Management had led an equity financing round of $125 million in Rebel Foods. The financing round saw…
Investment bank Goldman Sachs has recently offered its entire workforce globally an additional 10 days of paid family leave to help support them through the ongoing coronavirus pandemic. According to the company, the benefit has been put in place to enable employees to care for family members, as needed, due to COVID-19 (Coronavirus) related illness…
FabHotels, a budget hotel brand, is likely to raise nearly Rs 40 crore in a Series B2 round from its existing investors United States-based Goldman Sachs, Accel and Singapore’s RB Investments. The company was founded by Vaibhav Aggarwal and Adarsh Manpuria in 2014. Earlier, it had raised $7.8 mn from Goldman Sachs & Others. The…
ZestMoney, a consumer lending fintech company, has raised $15 million in extended series B round from Goldman Sachs and existing investors Naspers Fintech, Quona Capital, and Omidyar Network. The extended series B round brings ZestMoney’s total raise to-date to $63 million. The company was founded by Priya Sharma, Lizzie Chapman and Ashish Anantharaman in 2015.…
Airtel Africa, Bharti Airtel’s African business unit has appointed eight global banks to work on an intended initial public offering (IPO). The banks appointed are J.P. Morgan, Citigroup, BofA Merrill Lynch, Absa Group Limited, Barclays Bank PLC, BNP Paribas, Goldman Sachs International, and Standard Bank Group, it said in an exchange filing. Earlier this month, Airtel…
Goldman Sachs has announced the appointment of Prachi Mishra as Managing Director and Chief India economist. In her new role, she will be based in Mumbai. She joins from the International Monetary Fund (IMF) where she was deputy division chief of the Western Hemisphere Department. Earlier in November 2014, she had joined joined the Reserve…
Goldman Sachs announced the Retirement of John H Bryan and Lois D. Juliber from Goldman Sachs Board of Directors. Mr. Bryan has been a director and a member of each of the standing committees of the Board since November 1999; in addition, he served as the Lead Director and as Chair of the Board’s Corporate…
We at HS have in the past carried out a couple of articles related to an employee’s decision to quit an employer and the factors that influence the decision. Today we come across a live and much visible case of an ex. employee of a global financial conglomerate documenting some factors that triggered his decision…