Insight

Slice, a consumer lending and payments startup, is expected to raise Rs 300 crore or nearly $36 million through convertible debt, which will be co-led by Taneja Family Trust, Anju Family Personal Trust, UK2 Family Trust, and MN Family Trust. However, Blume Ventures and 8i Ventures also contribute a substantial amount.

Chandrasekar V (Chandra) has been appointed as Partner, Research at TVS Capital Funds (TCF), a growth private equity firm.

Bhakti Modi has been appointed as the CEO of TIRA, the omni-channel cosmetics platform operated by Reliance Retail.

Supersquad, a startup that specializes in creator monetization, has secured Rs 2.1 crore in a funding round that was spearheaded by WLDD.

Zivy, an AI tool that prioritizes workplace messages and duties, has secured $1.2 million in a pre-seed funding round co-led by Blume Ventures.

A strategic family office based in Dubai and Bestvantage Investments led the Pre-Series A fund round for D2C FMCG firm Mitra, raise $1.3 Mn.

MARS Growth Capital, a joint venture between MUFG and Liquidity Group, has provided $100 million in debt financing to InMobi, a provider of mobile advertising network software.

Track3D, an AI reality intelligence platform for the construction industry, announced that it had secured $4.3 million in seed funding.

In an equity funding round led by American not-for-profit fund Accion, US asset management firm Nuveen, and Nandan Nilekani-backed venture fund Fundamentum, Mumbai-based digital lending startup Flexiloans has secured Rs 290 crore (approximately $35 million).

Today, CrowdStrike appointed Kartik Shahani as the vice president of India. Shahani will be responsible for the regional go-to-market strategy.