Insight

Table Space, the foremost provider of enterprise-managed workplace solutions, is delighted to announce the hiring of Ritika Sikand as the Executive Director of the Strategic Account Management Group, responsible for Experience & Growth.

In its ongoing pre-Series A funding round, Hippo Innovations, an e-commerce solutions provider, has secured INR 3.3 crore from Finvolve and India Accelerator.

Square Insurance, an insurance technology startup, has raised $3 million (Rs 25 crore) in a pre-Series A round that was jointly led by BizDateUp and Negen Capital. Notable investors, including Yogesh Chaudhary and Prashant Kothari, also participated.

Tech Mahindra, an IT company, announced on Thursday that it has formed a partnership with Finastra, a global fintech firm, to facilitate the digital transformation of banks.

Bloq Quantum, an AI quantum software business, has secured Rs 1.3 crore in a pre-seed funding round. The funding was led by Inflection Point Ventures, an angel investment group based in Gurugram.

Acculi Labs, a business specializing in health diagnostics, has secured $1.5 million in a seed fundraising round. The funding was primarily provided by Sabi Holding India Ltd.

Hariharan Vedamurthy and Sameer Bharat Ram, who are entrepreneurs, have established Vaanam.

Clix Capital, a modern non-banking finance company, has secured Rs 220 crore in an equity funding round. The funding was primarily provided by its current investors Apollo Global Management, Pramod Bhasin, and Anil Chawla.

Scimplify, a comprehensive platform for sourcing and manufacturing specialty chemicals, has successfully secured Rs 59 crore (roughly $7 million) in its Series A funding round from a combination of new and existing investors.

Kinetic Green, the electric vehicle manufacturing division of the Kinetic group, has secured a total of Rs 168 crore or $20 million in funding from Greater Pacific Capital, through a combination of equity and debt.