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Wholsum Foods raises USD 7 mn from Dubai wealth fund, Fireside Ventures

Mumbai, Feb 22 (PTI) Millet-based food start-up Wholsum Foods, which sells children's food brand Slurrp Farm, has raised USD 7 million led by Investment Corporation of Dubai, which is the sovereign wealth fund of the emirate, and existing investor Fireside Ventures. The fund will enable Wholsum Foods to ramp up product innovation, marketing activities and [...]

Ravikrishna Chebolu Joins West as General Manager of India

Hyderabad, Telangana, India (NewsVoir) West Pharmaceutical Services, Inc. (West), a global leader in innovative solutions for injectable drug administration today announced the appointment of Mr. RavikrishnaChebolu as General Manager of its India operations. With more than 20 years of relevant commercial and general management experience in the pharmaceutical and healthcare industry, Mr. Chebolu will lead [...]

Insurtech player RenewBuy acquires Artivatic.AI for Rs 75cr

New Delhi, Feb 22 (PTI) InsurTech player RenewBuy on Tuesday said it has acquired artificial intelligence-based peer company Artivatic.AI for USD 10 million (around Rs 75 crore) which will help in expanding its outreach across the entire value chain of selling insurance policies. Bengaluru-based Artivatic.AI has been delivering underwriting and claim solutions to multiple life [...]

Mahindra Finance raises Rs 300 cr by issuing bonds

New Delhi, Feb 22 (PTI) Mahindra & Mahindra Financial Services on Tuesday said it has raised Rs 300 crore by issuing bonds on a private placement basis. A meeting of the committee of the board on Tuesday approved the allotment of 3,000 secured redeemable non-convertible debentures (NCDs) of a face value of Rs 10 lakh [...]

Digital healthcare platform MediBuddy raises USD 125 mn funding

New Delhi, Feb 22 (PTI) Digital healthcare platform MediBuddy on Tuesday said it has raised USD 125 million in funding from Quadria Capital and Lightrock India along with participation from existing investors including Bessemer Venture Partners and India Life Sciences Fund III. The other existing investors in the Series C round included Rebright Partners, JAFCO [...]

Jet Airways appoints former SriLankan Airlines’ CEO Vipula Gunatilleka as Chief Financial Officer

Mumbai, Feb 22 (PTI) Jalan-Kalrock consortium-owned Jet Airways on Tuesday announced the appointment of former SriLankan Airlines' CEO, Vipula Gunatilleka as the Chief Financial Officer. "We are excited to welcome Vipula Gunatilleka to our young and energetic team. Vipula is an aviation expert and regarded as a turnaround specialist in the industry. "He has been [...]

Procter & Gamble India extends medical and other benefits to partners of its LGBTQ+ employees

New Delhi, Feb 22 (PTI) FMCG maker Procter & Gamble India on Tuesday said it will extend all company-offered financial and medical benefits to the partners of its LGBTQ+ employees.Earlier these benefits were available to spouses of married employees and will now be extended to the partners of LGBTQ+ (lesbian, gay, bisexual, transgender and queer+) [...]

heyy, disruptive mental healthcare app, raises pre-seed funding

• $555,000 USD invested by Wavemaker Partners in pre-seed round • heyy, is backed by prominent Angel Investors from start-up, VC community • 10% - 14% employees of an organisation use heyy, when it is introduced MUMBAI, India, Feb. 22, 2022 /PRNewswire/ -- heyy, India's leading mental healthcare app, today announced it has raised US$555,000 [...]
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