You are currently viewing Startup news and updates: daily roundup (January 5, 2023)

Startup news and updates: daily roundup (January 5, 2023)


Mastercard appoints Gautam Aggarwal as Division President, South Asia and Country Corporate Officer, India

MasterCard has appointed Gautam Aggarwal as Division President for South Asia & Country Corporate Officer, India, effective January 1. Gautam takes the mantle from Nikhil Sahni, who is assuming a new regional role within the company. 

Gautam will oversee all of Mastercard’s activities across South Asia and India, including product management, engagements with customers and regulators, marketing and more.

In addition, as head of the payment technology firm’s South Asia division, based out of Mumbai, he will lead operations across the sub-continent, covering Sri Lanka, Bangladesh, Nepal, Maldives, and Bhutan, in addition to India.

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Gautam Aggarwal

“>Gautam Aggarwal

Gautam Aggarwal

Tagbin to organise Digital Exhibition at 17th Pravasi Bharatiya Diwas Indore 

Since 2003, India has been celebrating Pravasi Bhartiya Diwas on January 9 to commemorate Mahatma Gandhi’s return from South Africa in 1915. Through this event, India acknowledges the support and contributions made by non-resident Indians to the welfare and development of the nation. 

To mark the occasion, this year a digital exhibition is being organised in Indore, Madhya Pradesh, on the theme “Azadi Ka Amrit Mahotsav (AKAM)—Contribution of Diaspora in Indian Freedom Struggle” during the 17th Pravasi Bhartiya Diwas Convention.

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The complete Digital exhibition is being designed and executed by Tagbin, a technology innovation company that designed and managed Pradhanmantri Sangrahalaya (PM Museum).

The exhibition will be inaugurated on January 9, 2023, by Prime Minister Narendra Modi and President of India Shrimati Droupadi Murmu, External Affairs Minister S Jaishankar CM Shivraj Singh Chauhan, amongst others.

LenDenClub appoints Nirmal K. Rewaria as Chief Business Officer–Investments

LenDenClub, a peer-to-peer lending platform is building a formidable leadership team as it prepares for its next growth phase. To this effect, the RBI-registered NBFC-P2P has made a key leadership appointment and hired Nirmal K Rewaria as its Chief Business Officer—Investments.

At LenDenClub, Nirmal would be responsible for enhancing the channel partner network to help financial advisors provide alternative investment opportunities to allocate their clients’ assets. Additionally, he would also be responsible for expanding crucial partnerships across the distribution landscape to make LenDenClub’s P2P lending offerings more accessible.

Duroflex appoints Rajat Rastogi as the new CFO

Duroflexhas strengthened its leadership team with the appointment of Rajat Rastogi as Chief Financial Officer. Rajat will oversee all facets of finance and accounting as the company embarks on its growth phase.

He has over 20 years of corporate finance experience across a variety of industries, from FMCG to ecommerce. Previously, he held the role of Finance Head at Udaan.com and has also worked at Livspace, Flipkart, Coca-Cola, and Fosroc Chemicals. 

As CFO at Duroflex, Rajat will be responsible for ensuring the organisation’s strong financial health. He will oversee FP&A & Controllership functions, lead funding discussions, work with department heads to analyse financial data and develop the company’s financial strategy. He will also consult with the Board of Directors and business heads of Duroflex.

NetApp India strengthens its sales leadership team

NetApp, a global cloud-led, data-centric software company has appointed Ritesh Doshi as Director, Commercial for India and SAARC, and a member of the NetApp India sales leadership team.  

 

With this, NetApp has stepped up its commitment to help customers unlock the best of cloud, and enjoy an optimised and secure environment. Ritesh Doshi’s appointment aligns with this vision and enables NetApp to continue providing best-in-class hybrid multi-cloud services to its customers.

IBM launches new way to partner through IBM Partner Plus

IBM has rolled out IBM Partner Plus, a new programme that reimagines how the company engages with its business partners through unprecedented access to IBM resources, incentives and tailored support to deepen its technical expertise and help speed time to market.

The programme is designed to fuel growth for new and existing partners, including resellers, hyperscalers, technology providers, independent software vendors and systems integrators, by putting them in control of their earning potential.

Flipkart launches an e-store for sustainable products

Homegrown ecommerce marketplace, Flipkarttoday launched ‘Flipkart Green’, a dedicated virtual store on its app, bringing together lakhs of sustainable products to cater to customers looking to adopt a sustainable lifestyle.

The store has a vast selection of fashion, beauty and makeup, grooming, healthcare, food, home and lifestyle products from over 40 brands. In the future, it will offer products from other categories including healthcare, food, sports and fitness, toys, stationery, electronics, and appliances.

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


Edited by Affirunisa Kankudti



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