You are currently viewing Startup news and updates: daily roundup (May 16, 2023)

Startup news and updates: daily roundup (May 16, 2023)


Ayekart appoints Vaibhav Joshi as Co-founder, CBO, and Global Head, BFSI

Ayekart, a fintech and integrated digital technology platform for the food and agri value chain, has appointed Vaibhav Joshi as its Co-founder, Chief Business Officer (CBO), and Global Head-BFSI.

With this move, the company aims to strengthen its leadership team, lead fintech empowerment for SMEs and MSMEs, and drive innovation in business during Ayekart’s current growth phase.

Vaibhav will work towards the company’s business strategy and drive revenue growth. He will leverage his deep industry knowledge and extensive network to forge strategic partnerships, expand its fintech’s market presence, and drive innovation in the fintech space.

Wakefit.co appoints new senior leadership to spearhead key business verticals

Wakefit appointed Anil Arya as Chief Financial Officer and Compliance Head, Kaustabh Chakraborty as Sr. Vice President, Operations, and Chetan Sharma as Vice President, Online Revenue and Demand, effective immediately. 

This move comes as part of the company’s strategic plan to strengthen its leadership team, drive business growth, and further accelerate the company’s momentum.

With the addition of these new leaders, the company aspires to grow its revenue stream.

Rario partners with Royal Challengers Bangalore

Rario has struck a partnership with Royal Challengers Bangalore (RCB) to bring exclusive, blockchain-powered collectibles that will take people’s love for cricket to new heights.

With this, users can immerse themselves in the world of cricket by collecting and trading digital cards that feature their favourite RCB players. But that’s not all, these cards provide an opportunity to access an array of priceless experiences, such as meeting their favourite players, taking stadium tours, acquiring signed merchandise, and much more.

RCB is now part of Rario’s growing roster of IPL teams, which already includes Punjab Kings, Gujarat Titans and Kolkata Knight Riders, a testament to the company’s dedication to advancing the future of cricket fandom. 

Homeschooling platform Birla Brainiacs plans to touch more than 1,000 cities 

Hybrid homeschooling platform Birla Brainiacs is looking to expand its footprint all over the country and boost employment in these cities. For this, the company is onboarding more than 500 teachers.

The company said in a statement, the growth will bring about new employment opportunities while providing the cities with existing job opportunities. 

Founded in 2019 by Nirvaan Birla, Birla Brainiacs provides online and hybrid learning choices to balance guided listening and self-study in collaboration with Birla Open Minds. With 150 hybrid centres pan-India, it offers courses on coding, communication skills, financial literacy, vlogging, and more.

The platform also enables students to plan their time efficiently for both academics and extracurricular activities.


Edited by Megha Reddy



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