Author: Rahul Mehra
News Editor

Mumbai: Star Union Dai-ichi Life Insurance (SUD Life), a joint venture between two of the country’s leading public sector banks, Union bank of India and Bank of India, and Japan’s Dai-ichi Life Holdings has appointed H.S. Prannoy as a Brand Ambassador who is Arjuna award-nominated badminton champion. This association marks the first brand partnership signed with the badminton champion, post his historic win at the Thomas Cup. H.S. Prannoy has strongly personified SUD Life’s vision of Enriching Lives and Protecting Families. He has consistently set a high benchmark through his passion and dedication to his sport. Prannoy has continued to move…

      Amikus AI can identify different clauses in 100+ contract types and highlight their risk level using large language models trained on 1 million+ data points        Funds raised will be utilized to expand the product team, including employing more front-end, back-end, and machine-learning developers       IPV has so far invested over Rs. 550 Cr across 140+ deals Bengaluru: AI-powered legal-tech platform Amikus AI has raised over ₹96 lakhs in a Pre-Seed round led by Inflection Point Ventures (IPV). The funds raised will be utilized to expand the product team, including employing more front-end, back-end, and machine-learning…

Chennai: Landmark Cars Limited (the “Company”), a leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, and Renaulthas, fixed the price band at ₹481to ₹506per equity share for its initial public offer. The initial public offering (“IPO” or “Offer”) of the Company will open on Tuesday, December 13, 2022, for subscription and will close on Thursday, December 15, 2022. Investors can bid for a minimum of 29 Equity Shares and multiples of 29 Equity Shares thereafter. The public issue of equity shares bearing a face value of Rs 5 comprises fresh issue of equity shares aggregating to Rs…

Chennai: KONE Elevators India, a fully owned subsidiary of KONE Corporation, a global leader in the elevator and escalator industry, today announced that the Company had been Great Place to Work® Certified™ for the third consecutive time. This prestigious award is based entirely on the feedback of the employees.  Speaking about the recognition, Amit Gossain, Managing Director, KONE Elevators India, said, “In India, KONE is spread across 50 offices, with more than 5000 employees, all of whom come from different cultures, different languages, which make us so diverse. But it’s due to our strong culture, inclusion and belongingness that, despite being so…

Pune: RIA Advisory, a premier provider of revenue management solutions, is pleased to announce that it has received the Great Place to Work® Certification in India. The certification is based on current employees’ experience working at RIA Advisory and endorses the High-Trust, High-Performance Culture in the organization.  Great Place to Work® is the global authority on workplace culture. Organizations delivering incredible employee experiences and best-in-class people practices are awarded this certification after a rigorous assessment, which evaluates a workplace based on its Trust Index© and Culture Audit© attributes. “This Great Place to Work Certification™ is a result of dedicated efforts…

Jaipur: Somnath Paul, a senior mortgage professional specializing in Marketing and Operations with 25+ years of work experience in the mortgage industry appointed as the new CEO of KDK Software. Previously he was serving LICHFL Financial Services Ltd. as CMO. He will lead the country team with a desire to drive growth and deliver the business standard. Founder and MD of KDK Software, Kapil Goyal, said, “To advance KDK’s vision Paul is a leader with the understanding and expertise. He has extensive knowledge in managing complex business problems, designing and marketing products and transforming based on consumer behavior. I look forward…

New Delhi: Venture Catalysts group, India’s first integrated incubator and a leading early-stage investment platform for startups has announced a $ 2 Mn investment in a pre-series A round funding for AlgoBulls, a fully automated algorithmic trading platform and fixed-income securities distribution platform for retail market participants. The funding round was led by Venture Catalysts and also saw participation from DSP Group (~160-year-old Indian financial giant), Findoc Finvest by Mr Hemant Sood & Mr Nitin Shahi, LetsVenture, Mr Dishant Milan Parikh (Jainam Broking), Mr Yuvraj Thakker (BP Wealth & Fort Capital), Mr Sharath Kumar (Ex. MD & CEO India, Tower Research…

In a challenging environment with a continued rise in energy and raw material costs, the speciality chemicals company LANXESS delivered good results for the third quarter of 2022: Sales increased by a significant 38.2 per cent from EUR 1.581 billion in the prior-year quarter to EUR 2.185 billion.

Mumbai: CFA Institute, the global association of investment professionals, has named Arati Porwal as Head of India, effective 1 December 2022. Arati will deliver value to CFA Institute stakeholders and constituents in this role by building and maintaining deep relationships with financial institutions, CFA societies, and universities. She will report to Nick Pollard, Managing Director, Asia Pacific, CFA Institute, and be based in Mumbai. Arati has served as the interim Head of the India market since the beginning of 2022. Before this appointment, she led the Society Relations function at CFA Institute in India. In the past year, Arati has…

New Delhi: Personal care brand, True Frog, has raised INR 1.65 crores (USD 2,00,000) in a round of funding through a group of angel investors. Vegan, Harmful Chemical free, skin and hair care brand intends to utilize the funds to improve the research infrastructure, expand the product portfolio, build the team size, and focus on branding and marketing.  The investment is received from reputed names such as Deep Lalwani, Founder & CEO of Sublime Life; Rehan Sheik – CEO of Clicktech; Jason Jose, Co-founder & Director at XELPMOC, Saurabh Sharma, Founder & CEO of Future Wagon and AtulSiddam – Co-Founder &…