Team VS

YES Bank, a prominent Indian company in the banking, financial services, and insurance sectors, has appointed Sumit Bali as its new Country Head of Retail Assets and Debt Management. Bali previously held the position of Group Executive Retail Lending at Axis Bank for more than four years.

Sumer Juneja has been officially appointed as a non-executive director by Oyo, a significant hospitality company. The development occurred one month after he was appointed as an additional director of the firm, where he represents SoftBank.

Heritas Capital has led a Series A funding round for Bengaluru-based ed-tech startup Kreedo, which has raised $4 Mn (INR 33 Cr).

plutos ONE, India's youngest, Licensed, and Empaneled BBPS (Bharat Bill Payment) TSP, founded by Rohit Mahajan and Rajjat Gulati to help banks deliver Digital Transactions to their customers more efficiently has raised $2 million in a seed round.

Narasinganallore Venkatesh Srinivasan has been appointed as a non-executive independent director by Paytm Money Limited, a wholly-owned subsidiary of One97 Communications Limited.

Apple has appointed Kevan Parekh as its new chief financial officer (CFO), succeeding Luca Maestri, who will relinquish the CFO position but continue to oversee the corporate services teams.

A fabric manufacturer company, Siyaram's, has appointed actor Ranbir Kapoor as its new brand ambassador. This partnership is a component of the organization's endeavors to increase its appeal to younger consumers and to increase brand recognition in a market that is becoming more competitive.

India Quotient has led a funding round that has raised $6.5 million for Convin, a conversation intelligence platform that is powered by AI.

Gaurav Kumar, the founder and CEO of Yubi (formerly CredAvenue), a fintech unicorn, has invested Rs 250 crore ($30 million) in equity capital in his venture. This represents one of the most substantial capital infusions by a technology company founder in recent history.

The Unified Lending Interface (ULI), a technology platform that facilitates seamless credit, will be implemented nationwide by the Reserve Bank of India (RBI) in due course.