New Delhi: Finhaat, a financial product delivery platform is now set to expand its financial services portfolio with the launch of Finhaat Wealth, a tech-driven wealth management platform for distributors and end users. Building upon its learnings from the Insurance platform where, in two years, Finhaat created a robust distribution network of more than 200 partner institutions, reaching over 85% of India’s pin codes, and facilitating more than 60 Lakh policies across rural and semi-urban regions. The company is now set to change the way Wealth solutions are delivered to the aspirational, emerging India. Finhaat Wealth aims to create a…
Author: HE Web Desk
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New Delhi: Inflection Point Ventures (IPV), one of India’s leading angel investing platforms, has announced its exit from Parablu, achieving 2.2X MoM in 36 months and delivering a 30%+ IRR for investors. With 47 successful exits, IPV has consistently delivered high-value returns. Parablu’s exit further validates its strategy of backing visionary founders, unique business models, and startups at reasonable valuations. Ankur Mittal, Co-Founder, of Inflection Point Ventures, said: “When Parablu approached IPV in 2021 for funding, its groundbreaking technology stood out. Recognizing the immense potential of Parablu’s visionary founding team, and its unique business model, IPV provided critical funding and…
Hyderabad: Dr. Kranthiraj Thatikonda, an accomplished entrepreneur and student in the Indian School of Business (ISB) PGPpro program, alongside his co-founder, Sarayu Gugulothu, has been chosen to compete in the prestigious TigerLaunch Regional Finals on the 18th Jan. This globally renowned entrepreneurship competition, hosted by Princeton University, will take place in Singapore and showcases innovative startups from around the world. The duo’s startup, MakeMyMeat, outshined more than 400 global applicants, earning a place among the finalists for its transformative vision of revolutionizing the meat supply chain. Their focus on affordability, quality, and efficiency aims to address challenges faced by businesses…
New Delhi: The fact is that by January 2025 a vast majority of diamond-related companies in Surat remain closed. Previous years a large number of such units suspend their operations during Diwali but this time, around 20-25 percent of them have not started functioning again due to difficult business conditions. The diamond business has closely felt the fever since the world issues such as that of sanctions of diamond from Russia due to the invasion of Ukraine in the year 2022. Lalji Patel, the chairman of Dharmanandan Diamonds said some firms closed during the festival and had a long holiday,…
New Delhi: ParkMate, a leader in the smart parking industry, has successfully raised $ 1.2 million in a funding round led by Cactus Partners, an early growth-stage venture fund. Existing investors like Venture Catalysts and the Marwah Group Family Office were also part of the funding round. The fresh capital will be used to expand ParkMate’s operations, boost its business development team, and accelerate innovation in its cutting-edge parking solutions. Founded by Abhimanyu Singh and Dhananjaya Bharadwaj, ParkMate is at the forefront of transforming the parking experience with its state-of-the-art technology. The company’s flagship service. DaSH (Drop & Shop), offers…
New Delhi: Facebook’s parent company Meta is preparing to sack about 3,600 workers who it deems low performers in what will reduce its headcount by around 5%, Zuckerberg said in an internal memo, Meta had about 72,400 employees in September 2024. Another reason John has resorted to laying off employees is because enhancing performance is a key issue in the organisation. In explaining the companies goals, Zuckerberg said it wants to “set the bar higher” and improve the process of firing people who don’t perform well enough and aren’t good enough. Recruitment strategies are focusing on retaining of the best…
New Delhi: Truecaller, the leading global communications platform, today announced the appointment of Hemant Arora as Vice President of the global Ad Sales Business. With this strategic addition to its leadership team, Truecaller aims to further strengthen its position in the ads business and double down on its largest revenue stream, redefining its global ad sales strategy. With over 25 years of expertise in driving high-growth revenue strategies and managing global operations, Hemant has consistently delivered transformative results for top-tier media and technology companies such as TikTok, Times Network, Dainik Bhaskar Group, NDTV Media and Discovery Networks South Asia. In…
New Delhi: Vibha Kagzi, Founder and CEO of ReachIvy.com, a higher education and career advisory service has officially launched her latest book, Break the Career Code: Embrace the Future of Work. This book offers a compelling look into the future of careers and workplaces, addressing critical questions about the skills and strategies needed to thrive in an ever-changing professional landscape. Break the Career Code takes readers on an insightful journey, exploring how industries evolve and what individuals must do to remain relevant. The book includes contributions from over 100 global industry leaders across various fields, including visionaries like Dr. James…
New Delhi: CloudKeeper, a leading provider of comprehensive cloud optimization platforms and services is thrilled to announce its recognition as a Debutant ISV Partner as a part of the AWS Marketplace Private Pricing Offer (MPPO) Awards by AWS Startup Team, India. This award highlights CloudKeeper’s exceptional contribution to driving customer success and innovation within the AWS ecosystem. The AWS MPPO Award celebrates partners who have demonstrated outstanding performance in leveraging AWS Marketplace’s private pricing feature to deliver tailored cloud solutions. Deepak Mittal, CEO of CloudKeeper, shared his excitement about the recognition. “This award is a testament to our unwavering focus…
New Delhi: Samosa Singh, one of India’s leading quick-service restaurant (QSR) chains, ushered in the New Year with the opening of two new outlets at the Nexus Mall and in Ashoka One Mall in Hyderabad, and a new state-of-the-art manufacturing facility in Bengaluru. With these openings, the brand continues to delight customers with its signature crispy samosas and innovative offerings. Samosa Singh’s new manufacturing facility is set to revolutionize its operations, ensuring consistency, quality, and scalability as the brand gears up for further expansions. This milestone reflects the company’s unwavering commitment to customer satisfaction and product excellence. Commenting on the…
