🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
IPO-bound Perfios appoints Adobe India BFSI head Sridhar Narayan as CBO
Economic Times
·
1y ago
Medial
Perfios, a fintech software startup in India, has appointed Sridhar Narayan as its Chief Business Officer. The company, which is considering an IPO by 2025, plans to expand into sectors such as HR tech and logistics. Narayan, who previously led the BFSI business at Adobe India, will focus on driving operational excellence and expanding Perfios' presence in international markets. The company recently raised $80 million in funding, bringing its valuation to $1 billion. Perfios provides software solutions to more than 1,000 financial institutions worldwide for credit assessment, data analysis, and fraud detection.
View Source
Related News
After Top Deck Rejig, Perfios Eyeing Entry Into US Market
Inc42
·
9m ago
Medial
Over the past year, Perfios, a credit decisioning and analytics startup, has made three key appointments - Sridhar Narayan as chief business officer, Sumit Nigam as chief technology officer, and Anu Mathew as chief people officer. The company provides data to banks and financial institutions to enable faster decision-making, delivering 8.2 billion data points annually. Currently conducting business in 18 countries, Perfios serves over 1,000 financial institutions.
View Source
IPO-bound Swiggy appoints Suparna Mitra as an independent director
Entrackr
·
1y ago
Medial
Swiggy has announced the appointment of Suparna Mitra as an independent director to its board. The move comes at a time when the Prosus-backed foodtech company is readying itself for public listing. Mitra, who was the CEO of Titan Company Limited’s Watches and Wearables Division, brings over 30 years of experience in lifestyle and retail. Mitra has joined Swiggy’s distinguished list of independent directors that includes Anand Kripalu, MD & Global CEO at EPL Limited and Chairperson of the Swiggy board, Shailesh Haribhakti, chairman of Shailesh Haribhakti & Associates, and Sahil Barua, MD and CEO at Delhivery. Swiggy has seen a few key executives’ departures at the management of late. Some of the notable executives who have left the firm since April last year are Karan Arora (VP and head of supply chain management), Nishad Kenkre (VP and head of revenue and growth at Instamart), Ashish Lingamneni (VP and head of brand and product marketing), Dale Vaz, chief technology officer, and senior VP Karthik Gurumurthy. Meanwhile, it has also announced new appointments such as Ashwath Swaminathan as its chief growth & marketing officer and Anirban Roy and Dipak Krishnamani as VP of Growth and VP of Swiggy Mall, respectively. As mentioned above, the foodtech firm is in the process to file its IPO papers soon. According to Entrackr‘s exclusive report, Swiggy booked Rs 5,476 crore in revenue from operations during the first three quarters of financial year FY23. The company recorded $200 million (approximately Rs 1,600 crore) loss for the nine months.
View Source
HCLSoftware appoints Vikrant Chowdhary as Senior Vice-President, Country Head for India
YourStory
·
8m ago
Medial
HCL Software has appointed Vikrant Chowdhary as Senior Vice-President and Country Head for India. Chowdhary will lead HCL Software's business operations in India, focusing on growth and innovation across key sectors such as Enterprise, BFSI, and Government. With over 27 years of experience, Chowdhary has previously held leadership positions at CleverTap, Salesforce, SAP, Teradata, and IBM. This appointment comes as HCL Technologies reports a 6.2% increase in consolidated net profit for the three months ended December 2023, reaching a record high of Rs 4,350 crore.
View Source
ShareChat appoints Gaurav Jain as chief business officer
Economic Times
·
1y ago
Medial
ShareChat has appointed Gaurav Jain as its Chief Business Officer (CBO) to strengthen ties with digital agencies and help marketers leverage the power of short-form videos. Jain, previously the head of emerging business at ShareChat and Moj, aims to drive the growth of the ad business amidst the short-form video boom in India. The parent company of ShareChat, Mohalla Tech, reported a 62% rise in revenue but a 38% increase in losses for FY23. ShareChat is striving to achieve profitability by 2025, focusing on multiple revenue streams including virtual gifting and chat room offerings.
View Source
IPO-bound Zepto appoints Airtel's Akhil Gupta to company board
YourStory
·
3m ago
Medial
Zepto, a quick commerce unicorn, has appointed Akhil Gupta, vice-chairman of Bharti Enterprises, as an independent director ahead of its IPO. Known for leading successful IPOs for Bharti Airtel and others, Gupta is expected to lend his expertise to Zepto. The company is strengthening its board and leadership team, promoting executives like Devendra Meel and expanding its base. It has raised $1.35 billion recently, gearing up for its India-based stock market debut.
View Source
IPO-bound Ola Electric appoints ex-Byju's executive Jitesh Shah to head after-sales
IndianStartupNews
·
1y ago
Medial
Ola Electric, the electric vehicle (EV) manufacturer gearing up for an IPO, has hired Jitesh Shah, formerly of Byju's, as the head of its after-sales service division. Shah's experience leading exam preparation and digital businesses at Byju's will aid Ola Electric in enhancing its after-sales services and overall customer experience. This move coincides with the company's plan to aggressively expand its service network and charging infrastructure, aiming to have 10,000 fast-charging stations and 600 service centers by April 2024. Ola Electric has recently undergone an organizational restructuring ahead of its public offering, appointing new independent directors, CFO, and CTO. Despite a net loss in FY23, the company reported a 510% growth in revenue.
View Source
Fintech firm Perfios rejigs its top deck
Economic Times
·
1y ago
Medial
Bengaluru-based fintech company Perfios has made changes to its top leadership. Co-founder Debasish Chakraborty transitioned from CTO to a mentor for the technology team. Sumit Nigam, formerly head of engineering at BigBasket, is now CTO. Anu Mathew, the former chief people officer at Pine Labs, joins as Perfios' first chief people officer. These changes are part of the company's preparation for a public listing in the next 18-24 months and global expansion. CEO Sabyasachi Goswami said further C-suite hires could strengthen the organization from an IPO perspective.
View Source
Swiggy ropes in Flipkart veteran to beef up Instamart leadership
Inshorts
·
11m ago
Medial
IPO-bound Swiggy is set to appoint Hari Kumar as chief business officer (CBO) of its quick commerce business Instamart starting September-end, three people familiar with the matter told The Arc. Kumar is set to join the firm from Flipkart, where he is currently a vice president and head of grocery. He spent nearly 12 years at the Walmart-owned e-commerce major.
View Source
Warburg-backed Perfios weighing $500 million IPO
Economic Times
·
1y ago
Medial
Perfios, a fintech startup backed by Warburg Pincus, is reportedly considering an initial public offering (IPO) worth $500 million. The company, which provides digital financial analysis solutions to banks and other financial institutions, is said to be in talks with potential advisors for the IPO. Perfios aims to leverage the growing demand for digital financial services in India and expand its product offerings.
View Source
IPO-bound Swiggy appoints former Diageo India CEO Anand Kripalu as chairman of the board
Economic Times
·
1y ago
Medial
Food delivery startup Swiggy has appointed Anand Kripalu, former CEO of Diageo India, as an independent director and chairman of its board. Kripalu is an FMCG veteran and brings deep industry knowledge to the company as it prepares for an IPO in 2024. Swiggy has been making several board appointments recently, including Sahil Barua, Mallika Srinivasan, and Shailesh Haribhakti. Prosus, the largest shareholder in Swiggy, reported a 35% decrease in the company's loss for the half year ended September 30.
View Source
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...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
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.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/indianstartupnews/media/agency_attachments/s1FnhAYONODoxNkoC8xA.png)
