Skill-based gaming company Zupee appoints Maneesh Goel as CFO
Zupee, an online real money gaming company offering skill based casual and board games, on Tuesday announced the appointment of Maneesh Goel as its Chief Financial Officer (CFO).
A seasoned business leader, Maneesh comes with more than 20 years of experience in a wide range of finance and business functions within a host of diverse industries, having held a number of senior positions from CFO, CEO as well as board member positions. Maneesh joins Zupee from having worked with prominent brands like PayU, Den Snapdeal TV Shop, Dell, and Times Internet to name a few.
As the chief financial officer, Goel will lead Zupee’s CFO function and help drive profitability with scale as well as strengthen controls and governance processes and contribute to the brands’ ongoing growth journey. With this appointment, Zupee stands to benefit from his expertise in understanding of organizational design, culture, scaling businesses, creating agile and efficient processes as well as corporate governance.
Since its inception in 2018, Zupee has significantly grown with over 95% market share in the casual and boardgame segment and has been installed by over 70 million users and employs over 300 individuals.
CleverTap appoints Samer Saad as Regional Sales Director for META region
CleverTap, the retention cloud, on Tuesday announced the appointment of Samer Saad as the Regional Sales Director for its META Region and will be based out of Dubai.
Samer has over a decade of experience in building and scaling sales teams across the MEA region. He joins from Appsflyer, where he was the Regional Manager for the MEA region and has led partnership sales and agency roles across Criteo and Yahoo!.
“We are all excited to have Samer onboard! With 120+ existing customers in the region, we have a robust foundation to further scale in the region. I am confident that Samer will help us embark on the next phase of our growth journey in the META region,” said Vikrant Chowdhary, Chief Growth Officer, CleverTap.
“I am thrilled to join CleverTap as it has emerged as the global leader in the retention cloud category. The SaaS industry is one of the most promising across the world, and I am looking forward to being a part of the CleverTap journey, in becoming the preferred retention cloud partner for all digital native brands in the META region,” said Samer Saad, Regional Sales Director, META, CleverTap.
Smartr Logistics announces the launch of a new pan-India ground express service ‘Wheelex’
Smartr Logistics has introduced a ground express service–‘Wheelex’ offering express door-to-door logistics service in addition to its existing Air Express (Aerex) products.
“Aligning with the government’s ambition for India’s logistics industry, Smartr introduced Wheelex to provide the best quality services at affordable rates. The National Logistics Policy, announced by the Government in September 2022, aims to streamline and digitise the logistics services in the country and Smartr is addressing the market demands to reduce the overall cost of logistics by utilizing optimum technology for efficient, speedy, and on-time delivery,” said Yogesh Dhingra, Founder, Managing Director and Chief Executive Officer, Smartr Logistics.
Smartr has customised Wheelex into four distinct express services – Wheelex Kargo (B2B), Wheelex Share (Part Truck Load), Wheelex Jumbo (Full Truck Load), and Wheelex eComm. The service caters to a diverse range of express logistics requirements for all segments of customers like garments, retail, FMCG, electronics, pharma, automotive, telecom, home appliances, office supplies and more.
For door-to-door express cargo movement with a day-definite delivery schedule catering to B2B needs, customers can opt for Wheelex Kargo. Smartr’s Wheelex Share is a cost-effective method for shipping goods offering value for money through the part-truck loads solution. Similarly, shippers can haul bulk items and heavy loads across long distances via Wheelex Jumbo offering point-to-point customer-dedicated full truckload service.
With the exponential growth of ecommerce in India, Smartr has also created a niche service–Wheelex eComm, especially for India’s ecommerce and D2C companies, offering the fulfilment of online orders for both prepaid and COD (cash/digital payments) through direct surface line haul connectivity spanning from origin to destination leading to economically faster deliveries.
Neuron Energy to invest Rs 50 Cr in Lithium-Ion battery pack business vertical
Neuron Energy Private Limited, a manufacturer of lithium-ion for electric 2W and 3W in India, plans to invest Rs 50 crore in the Li-Ion battery pack segment. The investment will be split between Rs 35 crore of working capital financing and Rs 15 crore of equity from the promoters and strategic partners.
This move by the company is to cater to the increasing demand in their order book. Neuron also has plans for backward integration into stocking raw materials and handling production along with a contract manufacturer in the near future.
Besides increasing capacity, 40 percent of the investment will be used to fulfill orders from large OEMs. As part of their growth strategy, the company intends to focus on the battery pack business. The investment is also expected to increase cash flow considering Neuron has always been a profitable company.
The Depot network is expected to remain the same for the next six months in Mumbai, Delhi, Chennai, and Kolkata. In the near future, Neuron may venture into battery research for deep technology as a result of the increase in its R&D team. As part of its expansion plans, Neuron has planned to construct a mega-plant by 2025 that will serve the EV2W and EV3W segments.
