Team VS

JSW Group announced that Rajiv Mehta has been appointed as the Chief of Business of its mobility subsidiary, JSW Auto.

Aeravti Ventures has led a preliminary funding round for dairy-tech startup ORIGHT, which has raised $1 million.

Nitin Pulyani has been appointed as the director of product and senior vice president at Cashfree, an online payments processor and aggregator that is backed by the State Bank of India.

Venture Catalysts has led the Series A round of $4 million that conversational AI startup CoRover has completed.

Mukesh Bansal, the former president of Tata Digital and the founder of Myntra and Cultfit, has initiated a new artificial intelligence venture. He has secured $27.5 million in one of the largest seed investments from Accel and Silicon Valley fund General Catalyst.

Tuco Intelligent, a personal care brand for children, has secured $2 million in its seed round, which was headed by Whiteboard Capital and Fireside Ventures.

Atlys, a visa processing platform, has secured $20 million in its Series B funding round, which was co-led by Peak XV (formerly Sequoia Capital India) and Elevation Capital. Existing investors, as well as new investors like Headline and DST Global, participated in the round.

Helios Investment Partners has led a primary and secondary financing round that has raised Rs 850 crore (approximately $101.8 million) for M2P Fintech, an application programming interface (API) infrastructure platform.

TraqCheck, an enterprise technology startup, has secured an undisclosed sum of funding in a Pre-Series A funding round that was jointly led by Caret Capital and former Goldman Sachs' international wealth management division chief Alok Oberoi. The valuation of the company is $14 million.