Viestories

The Indian division of eBay founder Pierre Omidyar's family office, Omidyar Network India, a significant investment fund, is leaving India and will no longer be taking on new investments

Aliste Technologies, a smart home management company, secured $1 million in a new funding round headed by Artha Venture Fund and YourNest Venture Capital. Anikarth Ventures, KRS Jamwal, and Dholakia Ventures were among the other investors in the round. One of the company's current backers is 100X.VC.

OYO, a hospitality platform, announced that Rakesh Kumar has been promoted to Chief Financial Officer (CFO) effective January 1, 20.

Sangram Singh, a former executive of Axis Bank, has been appointed as the chief executive of Indifi Technologies, a company that specialises in financing to micro, small, and medium-sized enterprises.

The Indian Institute of Management Lucknow, a top-ranked IIM according to NIRF 2023, and TalentSprint, a well-known international edtech company, have announced their strategic alliance and the opening of an Executive General Management Programme for contemporary professionals. By combining the talents of two prestigious schools, this partnership enables professionals and executives looking to improve their general management skills.

Nat Habit, a d2c beauty and wellness platform, has secured $10.2 mn in a series B funding round headed by Bertelsmann India Investments.

HairOriginals, a direct-to-consumer (D2C) provider of wigs and hair extensions, has secured pre-Series A investment round, which was valued at $2.75 million (about INR 23 Cr).

The Circle: Founders Club (The Circle FC) has ended its second K-Startup Centre India programme. A batch of ten creative South Korean startups from the health tech, HR tech, SaaS, and travel tech verticals were supported by the business accelerator.

Venkat Kotla has joined Securonix, Inc., a pioneer in Unified Defence SIEM, as Chief Technology Officer.