Mahindra Finance injects fresh energy into its leadership team with the appointment of Bijoy Thaplial as CBO and Mod Narayan Singh as CCO. The strategic moves aim to accelerate growth, enhance customer experience, and strengthen regulatory compliance. To freshen up the leadership team, Thaplial, an experienced banker, and performer joining from BBVA becomes the new…
Deeping the plough in the intercity mobility space in India, Fresh Bus, the electric bus manufacturing company has raised a chunk of Rs 87. 5 crore in its Series A round from Maniv. This sum of money will greatly propel the companies expansion strategies such as; addition of 15 new routes and a fleet of…
SaaS firm Unicommerce, which was not well-known until the IPO, has topped the most anticipated Ola Electric in terms of its IPO. Softbank backed Ola had a higher valuation and a larger issue size, but it did not invoke the kind of response Unicommerce did. The comparison of two IPOs shows the change in tendencies…
Oyo, the hospitality disruptor recently successfully raised $175 million in Series G funding, which hardly can be considered as a salvage in a cycle of variable experience. Oyo, has now returned to the formal as it was earlier struggling in the middle of the stream in thelevelname. This new supply of cash is quite likely…
PhonePe, the fintech giant, is disrupting the insurance industry with its brand new pre-approved term life insurance feature. This is going to change the game of financial inclusion by opening up life insurance to millions of Indians who were earlier out of the market. No income proofs required! PhonePe’s AI underwriting magic identifies eligible users,…
HCLSoftware, the software division of HCLTech, is bolstering its data analytics portfolio with the acquisition of French company Zeenea. The deal is worth €24m and is expected to close in September 2024. Zeenea is an intelligent data discovery company and has a platform for metadata management, data cataloging, lineage, governance and compliance. HCLSoftware will combine…
BlueBinaries A Chennai based engineering and technology services company has raised Rs 60 crores from Anicut Capital. The company which specializes in Software Defined Vehicles (SDV) development will use the funds to expand its global presence and strengthen its technology. Founded in 2017 BlueBinaries has become a key player in the Engineering Research and Development…
MamaEarth parent company of Honasa Consumer declares fabulous result in Q1 FY25. The company has recorded a 17% mouth-to-mouth communication rate, meaning that 17% of the customers reached by the competitors’ mouth-to-mouth communication share the information with the company as well. 6% QoQ rise in revenue Rs 554 Cr and a 33% YoY. Increase to…
Gurugram-based XR startup Metadome. ai just supercharged its growth with a $6bn funding round in September, and is on course to clock revenues north of $200m within the next year or so. Series A funding round in the amount of 5M$ provided by Siana Capital and Chiratae Ventures. This will help fund Metadome’s quest of…
Nazara Technologies The India’s gaming mammoth is setting up a new record in its attempt to globalize and capture the Fusebox Games, a UK based gaming studio for INR 228 crore. It is an all cash acquisition, which shows how the firm is keen on expanding on its market interests in the interactive storytelling sub…
