Saviynt, a leading provider of cloud-native identity, announced the appointment of Sanjeevi Kumar as Sales Lead in India to expand Saviynt’s footprint in the region.

SmartBear, a provider of software development and visibility solutions, is increasing its investment in India as the market potential for software development solutions in the region continues to expand.

Ericsson announces the appointment of Andres Vicente as its new Head of Market Area South East Asia, Oceania & India and Senior Vice President.

Decathlon intends to raise the percentage of locally sourced sports goods provided in India from the current 60% to 85% over the next two years.

Ashutosh Gupta, the LinkedIn Marketing Solutions' Head of Country Director for India and APAC, has declared his intention to leave the organization

The second close of Prath Ventures' INR 225 Cr fund was reached with a sum of INR 120 Cr raised.

Small Industries Development Bank of India (SIDBI) has received $24.5 million from the Green Climate Fund (GCF). For its first anchoring sustainability and climate-focused fund, the Avaana Sustainability Fund (ASF). The development occurred on March 6 at the 38th GCF Board meeting in Kigali, Rwanda. ASF is a $120 million venture capital fund with the goal of funding Indian climate tech firms in their early stages. According to a statement from SIDBI, the fund would use the $120 million capital to invest in MSMEs and startups in industries such sustainable resource management, supply chains and mobility, and sustainable agricultural and food systems.

Kevin Aluwi and Vivek Gambhir have been named venture partners by the venture capital firm Lightspeed Venture Partners.