Insight

DeepMatrix, a deep tech startup, has secured $1.6 million in a funding round that was spearheaded by YourNest and Arali Ventures.

99 Pancakes, a chain of quick service restaurants (QSRs), has received Rs 20 crore ($2.4 million) in a Series A funding round from a family office.

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.

monday.com, Wrike, Smartsheet, Asana, ClickUp, Trello, Jira Work Management, Airtable, Plaky, and Basecamp are the Top 10 Best Project Management Software for 2024.

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.