Entreprenuernewsnetwork

Sprect Raises INR 50 Lakhs in Angel Funding to Revolutionize C2C Consulting Marketplace

Sprect, a C2C consulting marketplace, has announced the successful raising of INR 50 lakhs in Angel funding from seasoned industry veteran Siddarth (Sid) Shetty, Chief Business Development Officer at ServiceChannel. This funding will be used to accelerate product development, expand the team, drive marketing efforts, and boost sales. Founded by Mohit Khadaria and Vishal Rupani … Read more

Kinara Capital Reports Ninth Consecutive Year of Profitability, Achieving Record Growth in FY24

Kinara Capital, a leading fintech driving MSME financial inclusion in India, has announced its financial year 2024 results, marking the organization’s ninth consecutive year of profitability. Closing the fiscal year with a profit after tax (PAT) of INR 62 crores, a remarkable 51% year-over-year (YoY) increase, highlights the success of Kinara’s unique business model, blending … Read more

Innovations Venture Studio Invests in NewsReach, India’s Leading PR Tech Platform

Innovations Venture Studio, a premier investment firm focused on early-stage technology investments, today announced a significant investment in NewsReach, India’s groundbreaking PR distribution platform. The investment will be part of the on-going round led by Zee Media. The capital infusion will allow NewsReach to rapidly scale its proprietary technology, expand its market footprint, and solidify … Read more

Lectrix EV Partners With FuturElectra To Advance Electric Mobility

Lectrix EV, a prominent player in the electric vehicle (EV) industry, has entered into a strategic partnership with FuturElectra, an innovative force in the electric mobility sector. This collaboration marks a significant milestone in the quest for a sustainable and accessible future for mobility in India. FuturElectra is dedicated to transforming the electric mobility landscape, … Read more

Ecom Express named Pallavi Tyagi as the Chief Marketing Office

Ecom Express Limited, a technology-driven end-to-end logistics solutions provider, has announced the appointment of Pallavi Tyagi as its Chief Marketing Officer. Over the past several months, Ecom Express has been actively expanding its leadership team to include diverse industry experts and veterans in various key areas such as product development, growth, financial controls, and operations. … Read more

Nayara Energy to invest INR 600 Cr to set up Ethanol manufacturing plants in India

Nayara Energy, a leading downstream Energy company of international scale, has announced a strategic investment of INR 600 crores setting up Ethanol plants taking a significant step towards integration within the energy sector. These plants would play a pivotal role in bolstering the company’s reliability in ethanol supplies and would be crucial for Nayara to … Read more

Flutter’s Sportsbet named Foster as Chief Information Officer

Foster, who spent seven and a half years at Sportsbet, steps into the new role of CIO. He has previously served as the general manager for customer experience delivery and general manager of enterprise technology. Before joining Sportsbet, Foster worked at Sensis, an advertising services company based in Australia. During his tenure there, he held … Read more

Relux Electric Secures 250 Cr Funding for Highway Hyper Charging Expansion in South India

Relux Electric, India’s fastest growing EV charging infrastructure provider, has secured Rs. 250 crore of cumulative project funding from a group of private real estate and infrastructure investors exclusively to expand its network of hyper charging stations in the highways of South India. The company will utilise the fund to create 20 new hyper charging … Read more

Aptos named Tushar Sachdev as chief technology officer

Aptos, has named Tushar Sachdev has joined the company as chief technology officer, reporting to Aptos CEO Pete Sinisgalli. As CTO, Tushar will serve on Aptos’ Executive Leadership Team and help drive technical innovation across the firm’s three business units — Aptos, LS Retail and Revionics. In addition to his role as CTO, Tushar will lead product … Read more

Kotak Mahindra Bank named Abhijit Chakravarty as EVP – Networks & Cyber Security

Abhijit Chakravarty has assumed the role of Executive Vice President for Networks & Cyber Security at Kotak Mahindra Bank. Prior to joining Kotak, he served as Senior Vice President for Core Networks & Security Operations at HDFC Bank. With over twenty years of experience in enterprise IT infrastructure, network and cyber security, telecom, service delivery, … Read more

RBL Bank named Dinesh Kamble as CISO & Head Infosec

Dinesh Kamble has recently assumed the role of Chief Information Security Officer (CISO) and Head of Information Security at RBL Bank, with the aim of bolstering the organization’s defenses and fostering a resilient culture. With over two decades of experience across diverse industries, Kamble brings a wealth of knowledge to his new position, positioning him … Read more

Synchrony named Rachana Bahadur as SVP & Country Head – India

Synchrony named Rachana Bahadur as Senior Vice President and Country Head for India. With an illustrious career spanning over three decades in the financial services and banking sector, Rachana brings a wealth of experience and leadership to her new role at Synchrony. She has held prominent positions at renowned financial institutions including Goldman Sachs, JP … Read more

Small Town Dreams, Big City Struggles: Can Remote Work Bridge the Gap?

Millions of young Indians from smaller towns and villages chase their dreams in bustling metros like Mumbai, Delhi, and Bangalore. These cities offer career opportunities, but at a steep cost. Exorbitant rents, high living expenses, and long commutes eat away at hard-earned salaries. The High Price of Opportunity: A recent report by the National Housing … Read more

Freshers Take Center Stage as Startup Hiring Booms in India:Foundit Report

foundit (formerly Monster APAC & ME), India’s leading talent platform, published the foundit Insights Tracker (fit), presenting the latest findings on hiring trends for April 2024. According to the tracker, the overall hiring index shifted from 276 in March 2024 to 300 in April 2024. Also, compared to the previous year, there was a 9% increase in hiring, … Read more

Parseable Raises $2.75m In Seed Round Led By Surge And NP-Hard Ventures

Bengaluru-based Parseable has announced a seed funding round of US$2.75 million led by Surge and NP-Hard Ventures, marking its entry into the expanding log analytics market. This investment is poised to drive Parseable’s mission of innovating in handling the surging volumes of log data generated by modern digital businesses. The exponential growth of data worldwide … Read more

Sunil Chhetri Endorsed ACwO Launches India’s First 1.75 Inch Luxury AMOLED Full HD Display Smartwatch With SOS & Compass

ACwO today announces the launch of FwIT Play, created and #DesignedForWomen. While the average Indian woman’s wrist size ranges between 14 cm and 16 cm, most smartwatches do not keep this into consideration, along with design and aesthetics, leaving women with very limited choices. Sunil Chhetri endorsed, fast-growing consumer-tech lifestyle brand, ACwO introduces FwIT Play, India’s … Read more