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Ex-Flipkart CTO Peeyush Ranjan joins Mukesh Bansal’s Meraki Labs as partner
Economic Times
·
3m ago
Medial
Peeyush Ranjan, former Flipkart CTO and Google executive, has joined Meraki Labs as a partner to enhance its focus on AI and expand its presence in Silicon Valley. Ranjan will guide AI strategies and contribute to investments in Meraki’s portfolio companies, joining the board of Nurix AI. Co-founded by Mukesh Bansal, Meraki aims to be a "moonshot factory" for innovative projects, including AI applications in enterprise and potentially consumer sectors.
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Peeyush Ranjan joins Meraki Labs to lead AI Strategy
Entrackr
·
3m ago
Medial
Peeyush Ranjan, former CTO of Flipkart and ex-Google executive, has joined Mukesh Bansal’s startup incubator Meraki Labs as a partner. Ranjan will focus on advancing Meraki’s AI strategy and expanding its footprint in Silicon Valley. He will collaborate with entrepreneurs at the incubator to refine their tech and product approaches. Ranjan will also play a strategic role in shaping the AI direction of Meraki Labs. Additionally, he will join the board of Nurix AI, a startup founded by Bansal under Meraki Labs, which raised $27.5 million in seed and Series A funding from Accel and General Catalyst. Prior to Meraki Labs, Ranjan served as VP of Engineering at Google, leading AI-driven initiatives like Google Assistant.
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Mukesh Bansal’s AI Venture Nets $27.5 Mn From Accel, General Catalyst, Others
Inc42
·
10m ago
Medial
Nurix AI, founded by Mukesh Bansal, has raised $27.5 Mn in seed funding from Accel, General Catalyst, and Meraki Labs. Bansal is the co-founder of Myntra and Cultfit.
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Curefit appoints new CEO as Mukesh Bansal plans next startup
The Arc Web
·
1y ago
Medial
Naresh Krishnaswamy has been appointed as CEO of Curefit Healthcare, allowing founder Mukesh Bansal to launch a new business. Krishnaswamy, an engineer from IIT-Madras and an MBA from IIM-Calcutta, joined Curefit in 2018 and has been actively executing growth strategies since October 2023. At the same time, Shamik Sharma, who headed technology and business divisions, stepped down to join Atlassian. Curefit, also known as Cultfit, has experienced steady growth with revenues from operations tripling in FY23. Bansal is now focused on establishing a new company under Meraki Labs.
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Myntra co-founder Mukesh Bansal gets VC funding for new startup Nurix AI
VCCircle
·
10m ago
Medial
Mukesh Bansal, co-founder of Myntra and Cult.fit, has secured $27.5 million in funding for his new startup, Nurix AI. The funding round was led by venture capital firms Accel and General Catalyst, with participation from Bansal's early-stage incubator Meraki Labs. Nurix AI provides artificial intelligence-enabled customer engagement solutions to companies, focusing initially on the BPO industry. The funds will be used to expand the company's technology base, scale its operations, and further develop its research and development capabilities.
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Former SoftBank managing partner Lydia Jett joins Flipkart board
Economic Times
·
1y ago
Medial
Lydia Jett, former SoftBank managing partner, has joined the board of Indian e-commerce giant Flipkart as an independent director. This marks her second term on Flipkart's board, with her previous tenure representing SoftBank. Jett played a pivotal role in SoftBank's investment in Flipkart and subsequently sold its stake to Walmart in 2018. Flipkart recently closed a funding round with a $35-36 billion valuation and has been focusing on profitability and expanding its delivery services across India. There have also been hints of a potential IPO for Flipkart.
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Google Wallet enters India, joins forces with Flipkart, Pine Labs
Inshorts
·
1y ago
Medial
Tech giant Google has launched the Google Wallet app for Android users in India, partnering with a slew of ecommerce and ticketing partners. At launch, Google claims to have 20 brands as partners, including cinema chains PVR & INOX, national carriers Air India and Indigo, as well as ecommerce and fintech players such as Flipkart and Pine Labs.
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Leadership Shift! Flipkart Loses Another Top Talent to Quick Commerce Biz, Ex-VP Joins Blinkit
OutlookIndia
·
7m ago
Medial
Vipin Kapooria, a former vice-president at Flipkart, has joined Zomato-owned Blinkit as Chief Financial Officer. Kapooria's transition to Blinkit, amid quick commerce platforms attracting talent from e-commerce giants like Flipkart and Amazon, signifies a trend where executives move to new rapid commerce and delivery sectors. This shift is part of Blinkit and other companies’ efforts to expand beyond core categories, with significant recent hires from both Flipkart and Amazon bolstering their leadership teams.
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Ex-LinkedIn India Head Ashutosh Gupta Joins Avataar Venture Partners
Inc42
·
1y ago
Medial
Sanjeev Gupta has been appointed as a venture partner at Nexus Venture Partners, a growth-stage VC firm focused on SaaS and B2B technology. Gupta previously worked at LinkedIn for ten years, with half of that time spent as the country manager for India. Prior to LinkedIn, he was the head of industry and technology services at Google. He joined Nexus Venture Partners in May after a short career break.
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Ex-Flipkart Executive Preeti Sampat Joins Eximius Ventures As General Partner
OutlookIndia
·
1y ago
Medial
Eximius Ventures, a pre-seed fund, has appointed Preeti Sampat as co-founder and general partner. With a focus on fintech, SaaS, health tech, and media/entertainment, the fund aims to reach new heights with Sampat's addition to the team. She brings experience from Flipkart's early team and her role as a co-founder of a micro-VC fund in the US. At Eximius, Sampat will lead the investment strategy and support portfolio companies with fundraising and partnerships. The fund has invested in successful startups like Jar, Eka.care, Stan, and Skydo.
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Ex-Goldman Sachs Executive Sidhi Dalmia Joins Venture Catalysts’ VC Grid Syndicate
Inc42
·
1y ago
Medial
Mumbai-based Venture Catalysts has announced the appointment of former Goldman Sachs executive Sidhi Dalmia as a founding partner and co-lead for its newly launched syndicate fund VC Grid. Dalmia brings extensive experience working in economic hubs such as Mumbai, Hyderabad, Bangalore, Kolkata, and New York. VC Grid focuses on investing $500K to $1.5M in high-alpha opportunities across the seed to Series A stages. The firm aims to offer not only capital but also market access and business opportunities to startups with the collective expertise and resources of its member investors.
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