Caret Capital and Peyush Bansal Backs TraqCheck for Transforming Background Verification with AI

Caret Capital, a sustainability fund that invests across Mobility, Distribution and Employment, has invested in Delhi-based startup TraqCheck. ​Founded in November 2020 by Armaan Mehta, Jaibir Nihal Singh and Rishabh Jain, TraqCheck is an AI-based platform for employee background verification. It enables enterprises to onboard employees significantly faster and more accurately at a lower cost than traditional methods. “From the … Read more

Infidigit Named Kiran Washindkar as the Co-Founder

Infidigit, a leader in the organic growth space in India, is poised to accelerate its growth trajectory with the appointment of Kiran Washindkar as Co-Founder & SVP of Growth. In his new role, Kiran will continue to play a pivotal role in furthering organic growth for premium clients with a futuristic approach to integrating AI … Read more

HMD Global Named Tanuj Patro as CFOr for India & APAC

HMD Global, the home of Nokia phones, is thrilled to announce the appointment of Tanuj Patro as its Chief Financial Officer (CFO) of the company, a strategic move that reflects the company’s commitment to top-tier leadership and its relentless pursuit of excellence in the mobile technology industry. With an illustrious career spanning over two decades … Read more

SaaS FinTech Zaggle Raises ₹25 Cr In funding

SaaS FinTech  Zaggle headquartered in Hyderabad, continues to make strides in the financial realm as it secures a substantial Rs 25 crore investment from ValueQuest Scale Fund in a pre-IPO round. This recent infusion of funds is a noteworthy addition to the Rs 73 crore garnered by the company through a pre-IPO placement just last … Read more

M2P Fintech named Mayank Kapoor as Global Head of People Success

M2P Fintech, Asia’s largest API infrastructure company announced the appointment of Mayank Kapoor as its Global Head – People Success (Human Resources). In this role, Mayank will be responsible for driving the company’s human resources strategies, fostering a culture of growth and innovation, and ensuring the success and well-being of 1300+ M2Peers spread across 20+ … Read more

Jaipur-based Insurance Aggregator Square Insurance Raises $1 Mn In Series A Funding

InsurTech startup Square Insurance, headquartered in Jaipur, has successfully secured $1 million (approximately Rs 8.3 crore) in a funding round spearheaded by Recur Club. This platform serves as a marketplace for companies with recurring revenue models to trade contracts and subscriptions. The newfound capital injection will play a pivotal role in Square Insurance’s expansion strategy. … Read more

BizPay Secures Seed Funding to Expand Prepaid Card Solution for Small Businesses

In a Seed Round of funding, Bizpay has secured an undisclosed sum, with Inflection Point Ventures taking the lead. The allocation of the funds will see 20% directed towards product development, 60% towards marketing efforts, and the remaining 20% dedicated to other essential purposes. Bizpay presents a prepaid card solution that is seamlessly integrated with … Read more

Poonawalla Fincorp Appoints Kumar Gaurav as Chief Marketing Officer

Poonawalla Fincorp Limited (PFL), a non-deposit taking systemically important NBFC, focusing on consumer and MSME finance, today announces the appointment of Kumar Gaurav as Chief Marketing Officer. In his new role, Kumar will lead the Marketing, Brand, Corporate Communications, Public Relations, Digital Marketing and will be responsible for developing brand campaigns to enhance company’s brand … Read more

Debt Collection SaaS Platform Credgenics Raises $50 Mn in Funding

Credgenics, a prominent player in the realm of SaaS-based debt collections platforms, is embarking on a substantial growth journey as it secures a substantial $50 million in a series B funding round. This pivotal funding effort is being led by its existing investors, Westbridge Capital and Accel, showcasing their continued confidence in the company’s potential. … Read more

Investment Platform Stable Money raises $5M In Seed Funding

India’s first Fixed-Return Investment Platform, Stable Money, raised $5 Million in a seed round led by Matrix Partners India and Lightspeed, with participation from Titan Capital, Mar Shot Ventures, and prominent angel investors. The funds will be used to bolster senior leadership hiring, forge financial partnerships, build technology, and develop a user-friendly mobile app for … Read more

Moneyboxx Crosses INR 400 Crore AUM, Sets Sights on INR 800 Crore and 100 Branches by March 2024

Moneyboxx Finance Limited (Moneyboxx), a BSE-listed NBFC, which drives financial inclusion by providing business loans to micro entrepreneurs in Tier-III towns & below places, crossed milestones of INR 400 crores AUM#in July 2023. The Company added 11 branches in the current financial year so far, expanding its branch network to 72 branches across six states as of 31st July 2023. With the addition of 4 new lenders in … Read more

CleverTap and SpiceJet Team Up to Enhance Customer Engagement

CleverTap, the versatile engagement platform, has announced a strategic partnership with SpiceJet, one of India’s leading airlines. This collaboration is set to empower SpiceJet in enhancing its customer experience by leveraging CleverTap’s advanced technology to deliver personalized and contextually relevant communication across its web and mobile channels. As a key player in the airline industry, … Read more

Prakash Jain Named as Group CFO for Buzzworks, India, and Innovations Group, UAE

Buzzworks, India, and Innovations Group, UAE, have officially announced the appointment of Prakash Jain as their Group Chief Financial Officer. Both organizations hold prominent positions in the human resource and recruitment services industry, and with this strategic appointment, Prakash will play a vital role in driving financial excellence and growth across both entities. Prakash brings … Read more

TVS Credit Services’ AUM Grows 42% in Q1, Adds 10 Lakh New Customers

TVS Credit Services Limited, a leading NBFC in India, has recently disclosed its unaudited financial results for the first quarter of FY24, concluding on June 30, 2023. During this period, the company’s Assets Under Management (AUM) reached an impressive Rs. 21,924 Crore, marking a significant increase of Rs. 6,528 Crore from the previous year’s June … Read more

Income Tax Return: Filing ITR for the first time? Know key points to remember to avoid Rs 5,000 penalty

Filing income tax return (ITR) is a mandatory requirement for all taxpayers in India. If you are filing ITR for the first time, there are a few key points you need to remember to avoid a penalty of Rs 5,000. 1. File your ITR on time The due date for filing ITR for the assessment … Read more