Categories
Investment

J.P. Morgan opens new campus in Hyderabad

J.P. Morgan, a global financial services firm, announced the launch of its new campus in Hyderabad as part of its continued commitment to invest in its people and infrastructure to provide world-class, high-performance, technology-focused work environments for its employees. The 822,000 square feet campus located in Salarpuria Sattva Knowledge City, HITEC City, is one of […]

Categories
Executive Movements

JP Morgan hires Lisa Davis to lead digital commercial payments, replaces Sairam Rangachari

JP Morgan Chase & Co, a company that provides innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world, has appointed Lisa Davis, a Citigroup Inc veteran, to oversee various digital products businesses. Prior to joining JP Morgan, Davis had a 22 years stint with Citigroup where she headed the bank’s […]

Categories
Investment

Pharmapacks raises $40 mn in bridge financing round

Pharmapacks, a US-based leading ecommerce enablement platform and retail seller for brands across major ecommerce marketplaces, announced the closing of a $40 million bridge round financing. The round was led by Reckitt Benckiser, The Craftory, The Straus Group, The Emerson Group, and Sawaya Capital Partners. JP Morgan Securities acted as Sole Placement Agent on the […]

Categories
Investment

Taulia raises $60mn in strategic investments from Ping An, J.P. Morgan and Prosperity7 Ventures

San Francisco-based financial technology company Taulia recently announced that it has secured a new strategic investment of $60mn in a new funding round. The funding round was led by the Ping An Global Voyager Fund with additional participation from J.P. Morgan, Prosperity7 Ventures and existing investors including Zouk Capital. “The funding will help accelerate growth […]

Categories
Investment

Cloud9 raises $17.5 mn Series B funding led by UBS

Cloud9 Technologies, a US-based voice collaboration and analytics firm that offers advanced trader communication, voice analytics and transcription solutions, announced that it has completed a $17.5 million Series B funding round led by a strategic investment from UBS. Existing investors that took part in the funding round include J.P. Morgan and Barclays. “Our decision to […]

Categories
Executive Movements

JP Morgan announces senior-level changes; Kalpana Morparia set to retire

Investment banking company JP Morgan recently announced that its current Chairman for South and Southeast Asia Kalpana Morparia is set to retire after a decade-long stint with the company. The American bank notified that she will hold her position till the first quarter of 2021 fiscal year. She will be replaced by former UTI Mutual […]

Categories
Corporate

Catalyst Fund gets $15M from JP Morgan to back startups in Asia, Africa and Latin America

The Catalyst Fund has gained $15 million from JP Morgan and UK Aid as a means to support and back 30 fintech startups in Africa, Asia, and Latin America in the next three years. Catalyst Fund, a Boston based accelerator, provides mentorship and non-equity funding to early-stage tech ventures that are primarily focused on driving […]

Categories
Press Release

JP Morgan to invest $25 million in skill development in India

J.P. Morgan, an American multinational investment bank and financial services, has announced to invest USD $25 million to help low- and middle-income communities in India to develop the skills needed by the country’s workforce in the future. The firm will support skills training and career education programs to equip people in India for careers in […]