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Hero Vired Ropes In MakeMyTrip Executive Prakhar Kasar As CEO

Inc42 · 1y ago

Hero Vired Ropes In MakeMyTrip Executive Prakhar Kasar As CEO

Hero Vired, the online education company owned by the Hero Group, has appointed Prakhar Kasar as its CEO. The move comes at a time when the Indian edtech sector is experiencing a funding crunch, with investments dropping significantly in 2023. Hero Vired, which was established in 2021, offers online certification programs in technology and business fields. Kasar, a former executive at MakeMyTrip, will play a key role in driving growth and competition in the online education market.

Related News

Hero Group’s learntech firm Hero Vired records 20% of total revenue from future tech domain

Livemint

Livemint · 1y ago

Hero Group’s learntech firm Hero Vired records 20% of total revenue from future tech domain

Hero Vired, the learntech company of Hero Group, has reported that 20% of its total revenue in the last year came from its future tech domain. The company has seen significant growth in this category since its launch in September 2022, attributed to being a first mover and industry partnerships. Hero Vired plans to add 10-12 new courses in the next two years, focusing on India's future tech learning, including advanced data science, artificial intelligence, gaming, virtual reality, and user experience. The company aims to address the increasing demand for future skill sets and achieve sustainable growth.

Hero Vired appoints Arjun Assi as head of product

Economic Times

Economic Times · 1y ago

Hero Vired appoints Arjun Assi as head of product

Hero Vired, an educational tech startup, has appointed Arjun Assi as the head of product. Previously the Assistant Vice President at Scaler Academy, Assi will be responsible for driving innovation and excellence within the product and technology team. His role will focus on enhancing accessibility and scalability of the company's courses. With over a decade of experience, Assi has worked for companies like Byju's Exam Prep and Mu Sigma. His appointment aligns with Hero Vired's vision of enhancing accessibility and scalability in the edtech space. Assi expressed excitement about contributing to the company's mission of upskilling professionals and preparing them for Industry 4.0.

Go Digit Ropes In Two Non Executive Directors To Drive Growth

Inc42 · 1y ago

Go Digit Ropes In Two Non Executive Directors To Drive Growth

The company has named Mahendra Kumar Garg as a non-executive, independent director, and Gopalakrishnan Soundarajan as a non-executive director. These appointments come after the resignation of Chandran Ratnaswami from the board. The board of directors approved the appointments in a meeting held on June 28.

Hero MotoCorp to buy additional 3% stake in Ather Energy for up to ₹140 crore

Livemint

Livemint · 1y ago

Hero MotoCorp to buy additional 3% stake in Ather Energy for up to ₹140 crore

Hero MotoCorp has announced its plans to purchase additional shares of Ather Energy, which will increase its stake in the company to 39.7%. Ather Energy is engaged in the manufacturing and selling of electric two-wheelers. The deal will involve Hero MotoCorp buying the additional shares for ₹140 crore. Additionally, Hero MotoCorp has made two key executive appointments, bringing in Vivek Anand as Chief Financial Officer and Rachna Kumar as Chief Human Resources Officer. Both executives bring extensive global experience to their roles.

RoC penalises Herox, two executives for lapses

Livemint

Livemint · 1y ago

RoC penalises Herox, two executives for lapses

The Registrar of Companies (RoC) has fined Herox Pvt. Ltd, the holding company for Hero Vired, and two directors for not reporting beneficial ownership details on time. The RoC imposed a penalty of ₹6 lakh ($8,090) on the company for not filing the necessary e-form, and ₹1.5 lakh ($2,022) each on the two directors, Suman Kant Munjal and Akshay Munjal. While the beneficial owners had provided the declarations, the company failed to file the forms with the authorities. The RoC is taking action to improve governance and transparency in companies.

Kedaara Capital ropes in former executive from True North

VCCircle

VCCircle · 9m ago

Kedaara Capital ropes in former executive from True North

Private equity firm Kedaara Capital has hired Paras Nayyar, the former CFO of True North, as its new executive. The appointment comes as Kedaara Capital has been expanding its team following the successful raising of its sector-agnostic PE fund in India.

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.

BYJU’S-Owned Aakash Ropes In Former Pearson India Executive Deepak Mehrotra As MD And CEO

Inc42 · 1y ago

BYJU’S-Owned Aakash Ropes In Former Pearson India Executive Deepak Mehrotra As MD And CEO

Deepak Mehrotra has been appointed as the Managing Director and Chief Executive Officer of Aakash Institute, which is owned by BYJU'S. The appointment is part of Aakash's strategic plans to enhance its offerings and expand its reach in the education sector. With over 35 years of experience in various industries, Mehrotra will work on the company's growth plans and build on its current momentum. This appointment comes after reports that BYJU'S is not bringing back Aakash Chaudhry as the CEO, and amidst the company's declining condition, Aakash's operating revenue is expected to have crossed INR 2,000 Cr mark in FY23.

MakeMyTrip quarterly revenue jumps on booming travel demand

YourStory

YourStory · 7m ago

MakeMyTrip quarterly revenue jumps on booming travel demand

MakeMyTrip experienced a significant 26.2% revenue increase in Q3 2025, totaling $267.4 million, driven by strong travel demand, especially in air ticketing and hotels. Its hotel segment rose by 17.2%, while gross bookings rose by 21.9%. Profits climbed to $27.1 million from $24.2 million. The company's CEO attributes this growth to macro travel trends and customer focus. Additionally, MakeMyTrip acquired HAPPAY for $11.7 million to expand in travel and expense management.

Elev8 Venture Partners ropes in senior exec from Walmart

VCCircle

VCCircle · 7m ago

Elev8 Venture Partners ropes in senior exec from Walmart

Elev8 Venture Partners, founded by ex-Kae Capital partner Navin Honagudi, is raising $200 million for its first venture capital fund. The firm has brought on board a senior executive from Walmart to bolster its team. So far, Elev8 has made investments in two local companies, highlighting its strategy of leveraging experienced industry professionals to strengthen its investment approach as it establishes itself in the venture capital landscape.

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