The largest provider of information technology (IT) services in India, Tata Consultancy Services (TCS), announced on Friday that as of June 30, its workforce totalled 606,331—a net increase of 14,136 over the previous three months. According to the organisation, there are 153 different nationalities represented in the workforce, and women make up 35.5% of the…
EnKash, a fintech startup, has announced the hiring of four leaders in various leadership positions. Lalit Arun, Abhishek Miglani, Krishna Kumar SV, and Amandeep Arora have all joined the spend management and corporate card dealing company as its new heads of alliances with banks and financial institutions, corporate alliances, and partnerships. The appointments coincide with…
Kreedo Early Childhood Solutions, a start-up in the edtech industry, has revealed that it has secured $2.3 million in pre-Series A funding. Leading the funding round were the UBS Optimus Foundation, Spectrum Impact, Gray Matters Capital, and 1Crowd, all of which are based in Switzerland. The Chennai Angels, IIM-CAN, and Innospark Ventures also took part…
In an investment round headed by Varanium Nexgen Fintech Fund and DMI Sparkle Fund, GetVantage has acquired $36 million. Along with Sony Innovation Fund, InCred Capital, and Haldiram’s Family Office, other existing investors including Chiratae Ventures and Dream Incubator Japan also participated in the round. With the most recent round, GetVantage’s total fundraising to date…
The $20 million Series B fundraising round for TaskHuman, a digital coaching platform, was led by Madrona and included current investors Impact Venture Capital, RingCentral Ventures, Sure Ventures, and USVP as well as new investors Gaingels, PeopleTech Angels, Propel(x), and Zoom Ventures. The total amount of investment raised by TaskHuman to date ($35 million) has…
Mukesh Ambani has announced that his daughter Isha Ambani will become the new chairperson of Reliance Retail in another effort to secure his heirs. She is Reliance Retail Ventures Limited’s current director. In a move that was a part of the 65-year-old billionaire’s succession plan in the $217 billion company, her twin brother Akash Ambani…
After Mukesh Ambani resigned as a director of the firm on June 27, Reliance Jio announced on Tuesday that its board has authorised the nomination of Akash Ambani as chairman of the board. In addition, the board accepted Pankaj Mohan Pawar’s appointment as managing director of Reliance Jio for five years during its meeting today.…
Cashify, an online marketplace, has secured $90 million in Series E funding. Prosus and NewQuest Capital Partners took the lead in the funding round. Bessemer, Blume Ventures, Olympus Capital, and Paramark Ventures are some of the current investors that took part. The most recent investment will be used for marketing, hiring, creating technical infrastructure, and…
CEIPAL, an AI-powered platform for automating talent acquisition, has secured $21 million in cash, including $16.5 million in its Series B round and $4.5 million in debt financing. Camden Partners served as the round’s lead investor. Along with previous investors, Mistral Venture Partners and Resolve Growth Partners, Top mark Partners and Evergreen Mountain Equity Partners…
Onesto Labs, which has been renamed Innovist, has raised USD 3.5 million in funding. Existing investors Accel Partners and 72 Ventures led the Pre-Series A-fundraising round. Sauce (Manu Chandra) and Arihant Patni (Patni Family Office) also participated in the round, as did new investors Jani Ventures Inc, Nihir Parikh, Rashmi Kwatra (Sixteen Street Capital), Alok…