Venture Capitalists News Hubb
Advertisement Banner
  • Home
  • Venture Capital Market
  • Venture Capital Funding
  • Contact
No Result
View All Result
  • Home
  • Venture Capital Market
  • Venture Capital Funding
  • Contact
No Result
View All Result
Venture Capitalists News Hubb
No Result
View All Result
Home Venture Capital Funding

Startup news and updates: daily roundup (August 19, 2022)

admin by admin
August 19, 2022
in Venture Capital Funding


GetVantage makes key appointments

Mumbai-based revenue financing and growth startup GetVantage has appointed Sajid Sundrani as the Head of Investments and Sneha Shah as Director for Growth and Partnerships.

In his previous role, Sajid Sundrani served as the Principal of Investments at Mumbai Angel Network, leading investment and strategy, while Sneha Shah was the Director of Wellthy Therapeutics and led finance and global regulatory certifications as part of the leadership team.

The new appointees will target investment opportunities across sectors for GetVantage, expand the startup to new markets, and scale its special projects division.

Founded in 2020 by Bhavik Vasa and Amit Srivastava, GetVantage claims to have supported over 350 brands across 18 categories and has funded over Rs 2,200 crore in GMV.

ALSO READ

Fintech startup PayNearby to start cross-border remittance services by October

PayNearby integrates UMANG app onto its platform

Fintech startup PayNearby has onboarded the Unified Mobile Application for New-age Governance (UMANG) app on its platform to offer central and state government-related services.

UMANG offers e-governance services on a single platform across regional languages. With the integration, PayNearby’s 50-lakh assisted retailer network can offer e-governance services across 20,000-plus pin codes.

Founded in 2016, PayNearby works on a B2B2C (business-to-business-to-consumer) model, partnering with neighbourhood retail stores to enable them with technology to offer assisted financial and digital commerce services to local communities.

IDAM appoints Kushal Aggarwal as CFO

House of brands IDAM, which owns and operates FMCG brands, including Bevzilla and Brave Essentials, and is the founding company of personal care brand Bella Vita Organic, has appointed Kushal Aggarwal as its chief financial officer (CFO) and will also lead strategy.

In his new role, Kushal will devise finance and business strategies at IDAM and manage the budget and profitability of the company. Earlier, Kushal served as the virtual CFO for multiple direct-to-consumer (D2C) brands.

Founded in 2018 by CEO Aakash Anand, IDAM raised $10 million in an equity round led by Ananta Capital in July 2021. It also appointed Saahil Nayar to the post of co-founder and COO in October 2021.

Flipkart, IIMR sign MoU to enable market access for FPOs, SHGs

Walmart-backed ecommerce major Flipkart has signed a Memorandum of Understanding (MoU) with the Indian Institute of Millets Research (IIMR) to enable market access for Farmer Producer Organisations (FPOs) and Self-Help Groups (SHGs). The MoU was signed by Flipkart and the Indian Council of Agricultural Research (ICAR).

Flipkart aims to offer FPOs and SHGs pan-India market access to over 400 million customers on its ecommerce platform. As part of the collaboration, the ecommerce giant will also engage the communities through virtual and on-ground training and capacity-building initiatives to help them with understanding the quality, pricing, and licenses required to be a part of the FPO ecosystem.


Edited by Suman Singh



Source link

Tags: Daily Roundup: Startup NewsFlipkartGetVantageJust InNews RoundupPayNearby
Previous Post

SoftBank India head Sumer Juneja to also oversee EMEA region

Next Post

Nilekani-backed VC firm Fundamentum raises $227M in Fund 2

Next Post

Nilekani-backed VC firm Fundamentum raises $227M in Fund 2

Recommended

Bank for Central Banks Floats Ways to Contain Crypto, Including Ban

3 weeks ago

The Capital Quest | Releaf, Centbee, Muqbis, Mahaseel Masr raise venture funding

4 weeks ago

Startup 101: What goes in a startup data room

4 days ago

SushiSwap Head Chef Hit by Controversy in First Week

4 months ago

The top 10 companies investing billions in the Metaverse

6 months ago

Where is the Metaverse headed in 2023?

2 months ago

© 2022 Venture CapitaLists News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Venture Capital Market
  • Venture Capital Funding
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • Venture Capital Market
  • Venture Capital Funding
  • Contact

© 2022 Venture Capitalists News Hubb All rights reserved.