The pre-Series A2 round of B2B cross-border e-commerce platform BEYOBO has secured Rs 6.7 crore. The International Startup Foundation, SAN Angels, angel investors, and HNIs participated in the round, which was led by Indian Angel Network.
E-commerce giant Flipkart intends to move its parent company or domicile from Singapore to India, according to a media source. By doing this, it will join many late-stage businesses that intend to return to India in the coming months.
After leading the F-15 programme in the US and serving as the CEO of Boeing India until recently, Pratyush Kumar resigned from the office to become an angel investor in Indian aerospace supply chain businesses. In addition to contributing an undisclosed sum of his own, Kumar is counseling North American and European venture capitalists to invest in the appropriate firms in this space.
IIFL Securities Limited, a leading financial services house, today said that it has appointed Mr. Nemkumar H, Whole-Time Director on the Board, as the Managing Director with effect from May 15, 2024 for a period of 5 years. Mr. R. Venkataraman is currently the Chairman and Managing Director of the company.