Electric vehicle-focused lender Revfin has raised $14 million (about Rs 115 crore) in an equity funding round led by Omidyar Network, according to ETtech report. Sameer Aggarwal, founder and chief executive of the Delhi-based company, said almost all of the funding came in primary capital. He did not disclose the valuation at which the funds…
Tag: Sameer Aggarwal
Revfin raises USD 10 mn in a Series A funding
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•Electric vehicle financing digital platform Revfin on Thursday said it has raised USD 10 million (over Rs 80 crore) in a Series A round of funding, according to PTI report. The funding round was led by Green Frontier Capital (GFC), a VC fund focusing specifically on climate investments; LC Nueva Investment Partners, a partnership between…
Walmart India CEO Sameer Aggarwal elevated to COO for US e-commerce vertical of Sam’s Club
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•Walmart has elevated its India head Sameer Aggarwal as the chief operating officer of the Sam’s Club unit’s US ecommerce vertical, the ET report said. The move comes eight months after the US retailer announced that its flagship India entity, Flipkart, had acquired its local chain of wholesale stores. Aggarwal had joined Walmart India as…
Walmart promotes Sameer Aggarwal to CEO of Walmart India
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•Retail giant Walmart recently announced that it has promoted Sameer Aggarwal to Chief Executive Officer of Best Price, Walmart India w.e.f April 1, 2020. Post his promotion, Aggarwal will directly report to Dirk Van Den Berghe, Executive Vice-President and Regional CEO of Asia and Global Sourcing, Walmart. Aggarwal is taking over the CEO position from…
Walmart India appoints Sameer Aggarwal as Deputy CEO
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•Walmart India, the Indian business arm of the American multinational retail corporation, has appointed Sameer Aggarwal as its Deputy CEO. In a media statement, a company spokesperson said, “Sameer Aggarwal has been appointed Deputy Chief Executive Officer, Walmart India effective 1st January 2020. He will continue reporting to Krish Iyer, President and CEO Walmart India,…