You are currently viewing Startup news and updates: Daily roundup (June 10, 2024)

Startup news and updates: Daily roundup (June 10, 2024)


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Former upGrad executives launch The Leadership Project

Former upGrad executives Ketaki Kadekar and Moytreyee Konwar have launched The Leadership Project (TLP), which aims to deliver leadership content that is globally relevant while being deeply rooted in India’s diverse cultural contexts.

Kadekar and Konwar, both Managing Partners at TLP, bring a combined experience of more than 40 years. 

The venture’s goal is to redefine leadership as an accessible skill for all, dispelling the myth of exclusivity, and to equip leaders to support their organisations through daily highs and lows consistently.

TLP claims to offer innovative, practical leadership solutions from India for global markets, tailored to today’s leaders. Its learning experiences include offline and online workshops, on-the-job exercises, and coaching, all built around fostering self-awareness, developing leadership skills, and providing toolkits for personal mastery, team leadership, and business building.

Ecofy joins forces with Luminous Power Technologies

Ecofy, an NBFC backed by Eversource Capital, has partnered with Luminous Power Technologies to leverage the latter’s extensive experience and innovative solutions.

This collaboration aims to revolutionise the financing landscape for renewable energy projects, particularly in the solar power space. It is focused on simplifying financing for sustainable energy projects.

Ecofy has a growing share in the financing industry, which allows Luminous Power to extend its innovative solar solutions for powering homes and businesses. Ecofy also hosts local events to activate and educate dealers on the benefits and opportunities in the rooftop solar segment.

Sophos appoints Joe Levy as CEO, Jim Dildine as CFO

Sophos, a security software and hardware company, has appointed Joe Levy as chief executive officer (CEO) of the company. Levy has been acting CEO since February 15.

Levy is a nearly 30-year veteran of innovating and leading cybersecurity product development, services and companies. As CEO, Levy plans to expand Sophos’ customer base in the midmarket, which includes nearly 600,000 customers worldwide and generates more than $1.2 billion in annual revenue. 

Levy has named Jim Dildine as the new chief financial officer (CFO) and a member of his senior management team. 

Levy’s leadership strategy includes adding Dildine as CFO to help Sophos reach its business goals and propel the company on its future growth trajectory. He brings exceptional operational expertise to Sophos, as well as a strong background in channel partner-based cybersecurity business.

Dildine joins Sophos most recently from cybersecurity software and services company, Imperva, where he was CFO for over four years.

(This article will be updated with the latest news throughout the day.)


Edited by Affirunisa Kankudti



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