🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Former HDFC Bank, Axis Bank exec joins Equirus Group as vice chairman

VCCircle

VCCircle · 3m ago

Former HDFC Bank, Axis Bank exec joins Equirus Group as vice chairman

Equirus Group has appointed Ganesh Sankaran as vice chairman and whole-time director, overseeing investment banking and institutional equities to drive growth and strengthen leadership. Sankaran, with over three decades of experience at organizations like HDFC Bank and Axis Bank, will focus on expanding sectoral coverage and strategic client engagement. Equirus, specializing in various financial services, has been expanding through acquisitions, including recent stakes in Raghnall and Credence Family Office. Sankaran's expertise is expected to enhance the group's capabilities.

1

Related News

Avendus Wealth Management hires former Axis exec as new chief

VCCircle

VCCircle · 1y ago

Avendus Wealth Management hires former Axis exec as new chief

Former Axis Bank executive, Apurva Sahijwani, has been appointed as the new Managing Director and CEO of Avendus Wealth Management, the wealth management arm of Avendus Capital. Sahijwani brings over 25 years of experience in private banking and wealth management, having previously held roles at Axis Bank, Kotak Wealth, ICICI Bank, HSBC, and Citibank. Avendus Wealth Management currently has $6 billion in assets under management and caters to a wide range of clients including family offices, UHNIs, and corporates.

Ranjan Pai’s Claypond Capital ropes in former Fireside exec

VCCircle

VCCircle · 1y ago

Ranjan Pai’s Claypond Capital ropes in former Fireside exec

Claypond Capital, the family investment office of Ranjan Pai, Chairman of Manipal Group, has appointed a former Fireside Ventures executive as the firm increases its startup investments. The family office was established after Temasek acquired a $2 billion stake in Manipal Group.

Ranjan Pai’s Claypond Capital ropes in former Wipro-GE Healthcare exec

VCCircle

VCCircle · 7m ago

Ranjan Pai’s Claypond Capital ropes in former Wipro-GE Healthcare exec

Claypond Capital, led by Manipal Group Chairman Ranjan Pai, has appointed a former Wipro-GE Healthcare managing director as they focus on investing in the medical devices and technology sector.

Motilal Oswal Alts hires former Axis AMC exec as chief investment officer

VCCircle

VCCircle · 6m ago

Motilal Oswal Alts hires former Axis AMC exec as chief investment officer

Motilal Oswal Alternates (MO Alts), the alternative investment division of Mumbai-based Motilal Oswal Group, has appointed a former executive from Axis Asset Management Company as its chief investment officer. MO Alts successfully raised over $200 million for its sixth real estate fund and is preparing to launch its fifth fund soon.

Fino payments bank ropes in former Xerox India exec Rajat Kumar Jain as chairman

Inc42 · 1y ago

Fino payments bank ropes in former Xerox India exec Rajat Kumar Jain as chairman

Mumbai-based Fino Payments Bank has appointed Rajat Kumar Jain, former managing director of Xerox India and Walt Disney India, as its part-time chairman. Jain, an alumnus of IIT Delhi and IIM Ahmedabad, brings over three decades of leadership experience across various sectors. Fino Payments Bank is currently focusing on its digital growth plans and targets for the next phase. Jain's appointment comes as the bank aims to evolve into its new digital avatar, Fino 2.0.

Paytm gets NPCI approval to become a third-party UPI app

Inshorts · 1y ago

Paytm gets NPCI approval to become a third-party UPI app

National Payments Corporation of India (NPCI) has granted approval to One97 Communications Limited (OCL), Paytm's parent entity, to participate in UPI as a Third-Party Application Provider (TPAP) under multi-bank model. Four banks (Axis Bank, HDFC Bank, State Bank of India, YES Bank) shall act as PSP (Payment System Provider) banks to OCL.

Amicus invests Rs 125 Cr in Equirus; Federal Bank part-exits

YourStory

YourStory · 10m ago

Amicus invests Rs 125 Cr in Equirus; Federal Bank part-exits

- Private equity firm Amicus Capital has invested Rs 125 crore in Equirus Group for an undisclosed stake. - The investment includes a combination of primary and secondary purchases, with Federal Bank taking a partial exit. - The new investors in Equirus Group include Kishor Patil, Ajai Kumar, N Sivaraman, Yagnesh Dosshi, Krishna Jha, Anand Archak, Abhishek Goyal, Badri Mohapatra, Shankar Valiya, and Deepak Singhal. - Equirus Group offers investment banking, insurance broking, and asset management services. - The raised funds will be used for capital expansion, technology investments, talent acquisition, operational improvements, and risk management. - Amicus Capital Partners believes that Equirus Group is well positioned to take advantage of India's growth story.

Armed with merchant focused super apps, banks look to reclaim the QR code-based payments market

Economic Times

Economic Times · 1y ago

Armed with merchant focused super apps, banks look to reclaim the QR code-based payments market

Banks such as HDFC Bank, Axis Bank, and Yes Bank are recognizing the potential in small business payments and developing merchant-focused applications like Smarthub Vyapar, Axis Neo, and Yes Biz. These apps aim to provide various digital payment options for merchants to compete with popular UPI-based platforms like PhonePe, Paytm, Google Pay, and BharatPe. The banks also have plans to enhance the capabilities of these applications in the future.

Big banks take to large language models trained on internal data

Economic Times

Economic Times · 1y ago

Big banks take to large language models trained on internal data

Indian banks HDFC Bank and Axis Bank are embracing private large language models (LLMs) to enhance their technology capabilities. LLMs, trained on internal data, are being used to implement generative artificial intelligence (AI) in order to provide more responsive user interfaces and improve efficiency. HDFC Bank plans to launch a private LLM-powered website, while Axis Bank is looking to implement genAI-based virtual assistants. The adoption of private LLMs is expected to increase in the near future, with banks leveraging their own models for predictive analytics, fraud detection, and risk management.

Microsoft exec Templeton joins OpenAI board after overhaul: Report

Inshorts · 1y ago

Microsoft exec Templeton joins OpenAI board after overhaul: Report

Microsoft Vice President (Tech and Research Partnerships and Operations) Dee (Deannah) Templeton has joined OpenAI's board as an observer after the board was overhauled following CEO Sam Altman's abrupt ouster and rejoining, Bloomberg reported. Templeton has already begun attending board meetings. Microsoft didn't have a seat at board of OpenAI, which it is an investor of, before the overhaul.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Download the medial app to read full posts, comements and news.