nT-Tao, the compact fusion energy company setting a new standard for the future of clean energy, announced that MITSUI SUMITOMO INSURANCE Venture Capital, the Japanese asset management arm of Mitsui Sumitomo Insurance Company, has joined the Series A funding round in a deferred investment for an undisclosed sum. nT-Tao announced its Series A round in February of this…
Jefferies Financial Group, Inc., the parent company of Jefferies Group LLC, and Sumitomo Mitsui Financial Group, Inc., Sumitomo Mitsui Banking Corporation and SMBC Nikko Securities Inc. have announced that they have entered into a Strategic Alliance to collaborate on future corporate and investment banking business opportunities. “Through the Strategic Alliance, Jefferies and SMBC Group will…
Max Financial Services Limited (MFSL) announced that Insurance Regulatory and Development Authority of India (IRDAI) has approved the proposed transfer of 39,47,75,831 equity shares constituting 20.57% of the paid-up equity share capital of Max Life Insurance Company Limited (Max Life) held by Mitsui Sumitomo Insurance Company Limited (MSI) to MFSL in exchange for issuance of…
Aibono, India’s first AI powered Fresh Food Aggregator, pioneering the Seed-to-plate platform connecting farmers and customers, announced that it has raised $2 million in a fresh funding round, as per ETtech report. Investors that participated in the round are Rebright Partners, Mitsui Sumitomo Insurance Venture Capital and Lesing Artha, a subsidiary of Rianta Capital. “The…
Cholamandalam MS General Insurance Co. Ltd., announced the retirement of S. S. Gopalarathnam as the Managing Director. V. Suryanarayanan, currently President and COO, will take over as the Managing Director of Cholamandalam MS General Insurance Co. Ltd., effective 1st July 2020. S. S. Gopalarathnam retires as Managing Director of Cholamandalam MS General Insurance Co. Ltd.…
Life insurance company Max Life Insurance, hired Charandeep David for Corporate VP, HR. Prior to this, David was associated with OYO in the role of Head of L&D. Charandeep has over 25 years of in-depth experience in L&D, talent development, change management, and knowledge transfer. She has worked with organizations such as British Airways, GE,…