Categories
Acquisition

TransUnion takes minority stake in India’s DeepTech startup SatSure

SatSure, a pioneering DeepTech company specializing in helping enterprises improve their quality of decisions with earth observation data, announced an equity investment from TransUnion, the global information and insights company. India-based SatSure leverages satellite imagery and artificial intelligence (AI) to improve decisioning quality and deliver intelligence for various industries, primarily agriculture, as well as finance, […]

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Executive Movements

Amol Joshi joins TransUnion CIBIL as CFO

Credit score provider TransUnion CIBIL has appointed Amol Joshi as its new Chief Financial Officer, effective December 28, 2021. Most recently, Amol served as CFO at IndoStar Capital Finance. In this new role, Amol will lead the finance function, related Board relationships and partner the CEO in broadening Transunion’s agenda in India. He will be […]

Categories
Acquisition

India Alternatives sells ₹340 crore stake in TUCIBIL

Private equity fund, India Alternatives has announced a sale of partial stake – worth Rs 340 crore in Transunion Cibil to Khazanah Nasional Berhad. The Malaysian sovereign wealth fund – Khazanah was incorporated under the Companies Act 1965 on 3 September 1993 as a public limited company and began operations a year later. Shivani Bhasin […]

Categories
Executive Movements

Rajesh Kumar joins TransUnion CIBIL as MD, CEO

Credit Information Bureau, TransUnion CIBIL Limited, recently announced the appointment of its new Managing Director and Chief Executive Officer. Rajesh Kumar, who was earlier working with HDFC Bank as Group Head for Retail Credit and Risk, will now be joining the credit bureau as its new MD and CEO. Kumar will succeed Satish Pillai, who […]