Punjab & Sind Bank Limited announced the appointment of Ravi Mehra as Executive Director of the company, with effect from October 9, 2023. According to the Bank’s exchange filing, “This is to inform that Government of India, Ministry of Finance, Department of Financial Services, vide notification no.eF.no.4/1(v)/2023-BO.I dated 09.10.2023, in exercise of the powers conferred…
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Automation platform SheerDrive raises pre-Series A funding led by Inflection Point Ventures
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•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…
SheerDrive secures seed round funding from Group Landmark
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•Digital used-car platform, SheerDrive, has closed its seed round funding with Group Landmark, a TPG portfolio company, and automobile retail chain with more than 80 facilities across 27 cities. The Mumbai-based company aims to transform and streamline the way pre-owned cars are bought and sold. It offers an online platform for real-time pricing with the goal…