Aryan Sharma

Sources said the upcoming round is likely to include a mix of new and existing investors, with Bessemer Venture Partners expected to participate.

The round also saw participation from Indian lenders including Union Bank of India, Karur Vysya Bank, Indian Overseas Bank, Tamilnad Mercantile Bank and STCI Finance, the company said in a statement on Friday.

The store, located at M3M 65th Avenue, operates as an Instamart-branded experiential outlet and is separate from the company’s dark store network.

Flipkart said the acquisition is intended to strengthen its core generative AI capabilities, as the e-commerce sector shifts toward visual, conversational and AI-driven discovery.

Under the agreement, Ganguly will assume a dual role encompassing ownership, brand leadership and mentorship. As coowner, he joins the franchise’s leadership group and will contribute to long-term planning and strategic decision-making.

The board approved Sharma’s appointment on December 18, as disclosed in a stock exchange filing. Sharma, currently CEO designate and head of Airtel’s consumer business, will succeed Gopal Vittal.

The board approved Peri’s appointment on 17 December and he will assume the role from 22 December. The position had been vacant for several months after a leadership reshuffle earlier this year.

Ziimp.com tech is becoming a popular topic on online platforms because it offers simplified technology tools, smart digital resources, and helpful solutions for students, professionals, and casual users.

After the acquisition, the company expanded into South India and began offering courses in multiple languages, starting with Kerala. Xylem now serves as the backbone for PhysicsWallah’s offline expansion in the southern states.

Juneja will oversee the company’s revenue strategy, sales, business development, and customer engagement. He will also focus on go-to-market plans for new areas such as B2B commerce, quick commerce, and international markets.