Sheerdrive, a Mumbai-based pioneering Digital AI/ ML pre-owned vehicle platform, which deals with all the key elements required to run an effective used-vehicle program for New Car Dealerships (NCDs), has announced that Inflection Point Ventures (IPV), a well-known angel investment group, has made an undisclosed investment in the business. Inflection Point Ventures (IPV) joins the group of investors…
Tag: Prajit Nanu
Nium appoints Manuel Sandhofer as SVP and GM, Europe
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•Nium, the leader in real-time global payments, announced the appointment of Manuel Sandhofer as Senior Vice President and General Manager, Europe. A seasoned fintech industry veteran from Payoneer, Manuel brings to Nium over 15 years’ experience in building teams, leading M&A integrations, and scaling global organisations from seed to IPO, a statement said. Prior to joining Payoneer in 2021,…
Nium appoints Ramana Satyavarapu as Chief Technology Officer
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•Nium, the global platform for Modern Money Movement, announced the appointment of Ramana Satyavarapu as Chief Technology Officer (CTO). He will be based in San Francisco, California, and report to Prajit Nanu, Co-Founder and CEO of Nium. Satyavarapu will be responsible for driving global engineering, strategy and Nium’s technology vision for Modern Money Movement. Satyavarapu will manage the company’s…
Nium to acquire B2B travel payments company Ixaris
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•Nium, a leading global B2B payments platform, announced that it has signed a definitive agreement to acquire Ixaris, a leader in travel payments optimisation. The transaction is expected to close early in the third quarter of 2021, subject to customary closing conditions. Ixaris provides flexible funding and payment methods that help airlines and online travel agents…
Singapore-based Nium closes latest funding round
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•Nium, Singapore-based global fintech platform, announced that the company has completed its latest fundraise. Visa, the world’s leader in digital payments, participated in the round along with existing investors. Another new investor to join the fold was BRI Ventures, the Corporate Venture arm of Bank BRI of Indonesia. “I am thrilled to announce that we…