Re-commerce marketplace Cashify appoints Subodh Garg as CFO
Re-commerce marketplace has appointed Subodh Garg as its first Chief Financial Officer. The appointment of the new CFO would be a step toward preparing for the company’s continued focus on sustainable growth.
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Subodh Garg, CFO, Cashify
” align=”center”> Subodh Garg, CFO, Cashify
In his new role as CFO and Lead – Growth & Strategy, Subodh will lead the company’s long-term profitable growth and strategy and ensure financial readiness. With Cashify working aggressively, the appointment of Subodh in the team will strengthen the growth story and further assist to expand into new, untouched territories.
With more than two decades of experience in the financial sector, Subodh joins Cashify as a veteran with strong business acumen. Prior to joining Cashify, he held the position of CFO at and other leadership positions with startups such as and . Before venturing into the world of startups, Subodh garnered a rich, diversified experience of 20 years in various industries such as Insurance, BPO, Service and Manufacturing.
Renon India launches Groot for Low-Medium Speed electric 2-wheelers
Renon India, energy storage companies, has launched its swappable smart batteries, Groot, for electric two-wheelers. The Li-ion battery pack for low and medium-speed EVs is built with NMC chemistry. The Surat-based company aims to meet the requirements of high energy density and peak power needs by using phase change material for thermal management with this pack.
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Renon India
” align=”center”> Renon India
The new pack has a nominal voltage of 57.6 V and rated energy of 2.04 kWh. It is also water and dust resistant, with an IP-67 rating. The thermally optimised battery packs have a clear advantage with their smart configurable battery management system and integrated display for SOC and SOH algorithms for reliable data collection and range estimation. Overall, Groot is extremely reliable, safe, and built to withstand Indian driving conditions.
The company expects to reach a 500+ MWh manufacturing line capacity milestone in the near future, with production technology that can manufacture 3000+ packs a month. It is currently focusing on clocking 40 crore INR in revenue by the end of this financial year.
eVolt India and Indian Oil partner to install EV charging stations in Punjab, Haryana and Uttar Pradesh
EV charging Infrastructure startup eVolt India and Indian Oil Corporation Limited (IOCL) have entered into a strategic collaboration for the installation of 75+ EV charging stations in the states of Punjab, Haryana and Uttar Pradesh.
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eVolt India
” align=”center”> eVolt India
The Delhi-based charging solutions provider will set up 3.3kW AC and 7.4kW AC charging stations for both two-wheelers (E2W) and four-wheelers (E4W) at the existing IOCL fuelling pumps in these key territories. The supporting charging standards are AC001 (IEC 60309) for 3.3kW and Type-2 (IEC 62196) for 7.4kW AC slow and fast chargers.
eVolt is also an empanelled vendor of three DISCOMs in Delhi, namely the BSES Rajdhani Power Limited (BRPL), BSES Yamuna Power Limited (BYPL), and Tata Power Delhi Distribution Limited (TPDDL). eVolt has helped leading institutions in healthcare and higher education domains in Rajasthan, Uttar Pradesh and Delhi, to go green by setting up AC and DC charging stations on their premises.
Recognize Appoints Muthu Kumaran as Operating Partner and Head of India Operations
Recognize, a technology investment platform that is singularly focused on the technology services industry, announced today that Muthu Kumaran will join the firm as Operating Partner and head of India operations.
Muthu expands Recognize’s ability to build delivery and operations, and attract world-class talent in support of Recognize portfolio companies. Recognize raised approximately $1.3 billion for its inaugural fund which closed in January.
Muthu joins Recognize from Cognizant, where he delivered innovative technology solutions to multinational clients across the U.S., Europe, India and APAC during his 25-year tenure. Having worked with clients across industries and service lines, Muthu brings a broad range of technology services and operational expertise spanning strategy, client relationship management, digital transformation, leadership development and employee engagement.
Bert Labs appoints Sameer Rajpal as Human Capital Leader
, a new age deep tech company, solving the world’s challenges by ensuring efficient use of available resources through its patented AI-IoT powered Bert Platform Solution, today announced that it has appointed, Sameer Rajpal as Bert Human Capital Leader.
Sameer will be responsible for building Bert Labs brand. He will work closely with Chief Executive Officer and Chief Growth Officer, and technology leaders to identify requirements of new talent, on their induction, training, empowering by laying the foundation of best people practices in place to become an employer of choice with the target to reach employee strength of 50 by end of December 2022, 150 by end of March 2023 and 250 by end of June 2023 with a health gender mix ratio.
(The copy will be updated with the latest news throughout the day)
Edited by Affirunisa Kankudti
