You are currently viewing Startup news and updates: daily roundup (January 18, 2023)

Startup news and updates: daily roundup (January 18, 2023)

GetVantage partners with IPV to invest Rs 200 Cr in 500+ businesses

GetVantage and Inflection Point Ventures (IPV) have formed a partnership that will have a combined portfolio of around 1,500 digital businesses. It aims to give startups access to equity and revenue-based financing growth capital to extend their runway.

Both firms will have access to each other’s portfolio and would invest in both new businesses and existing startups in form of equity as well as revenue-based growth capital, depending on the business requirements. Together, GetVantage and IPV have provided funding and equity, respectively, to over 500 businesses so far.

Through this partnership, IPV brands will have easy and quick access to revenue-based financing from GetVantage, and GetVantage portfolio brands can reach out to IPV for equity capital, making the entire funding process seamless and efficient.

BluePi appoints Monika Marwah as HR Director

BluePi Consulting (BluePi) today announced the appointment of Monika Marwah as the organisation’s new HR Director. She joins BluePi after working with Amazon India (where she served as Manager, MBA and Non-Tech Recruiting, APAC Students Programme).

In her new role at BluePi, Monika will be responsible for driving the human resource function and aligning it with the organisation’s overall business strategy. Her areas of responsibilities at BluePi include HR and recruitment strategy, talent management, employee relations, and performance management in addition to training and development.

Her career reflects over 15 years of diverse HR experience in leadership and management positions (with both global and Indian multinational companies across IT, retail, pharma, BFSI, and telecom).

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Monika Marwah

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Monika Marwah

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How The Talent Enterprise is changing the way talent is assessed—using geography, culture, and other nuances

ProV Foods launches ProV Minis

ProV foods, an integrated commodities company with a large-scale presence in the dry fruits, nuts, seeds and berries segment, announced the launch of a new line of products called ProV Minis.

Designed specifically for the Indian market, ProV Minis are perfectly proportioned mini snack packs of flavoured dry fruits, nuts, and seeds that are ideal for healthy on-the-go nutrition.

ProVMinis are currently available in exciting and unique flavours such as Cashew Roasted & Salted, Nut and Seed Mix, Cashew Creamy Cheese, Cashew Cracked Pepper, Almonds Roasted & Salted and Almonds Piri Piri. The company will launch additional flavours and variants over the coming months. ProV Minis can be purchased from the ProV Food website as well as leading e-commerce sites such as Amazon, Flipkart and retail stores like Dmart, More Retail, Metro Cash & Carry, and kirana shops.

(The copy will be updated throughout the day with the latest news.)

Edited by Kanishk Singh

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