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Kuku FM raises $19.5 mn in series B funding led by S Korea's KRAFTON
With this latest round of funding, Kuku FM has secured a total of $25 million since its inception in 2018
 "Kuku FM raises $19.5 mn in series B funding led by S Korea's KRAFTON")
Citi's Asia Pacific arm to hire 350 people in 3 years to accelerate growth
The Asia Pacific hiring represents the largest investment in headcount across CCB globally, the foreign lender said
 "Citi's Asia Pacific arm to hire 350 people in 3 years to accelerate growth")
SBI appoints Nitin Chugh as DMD to lead digital banking operations
Chugh would be responsible for driving growth of customer acquisitions through digital channels, along with defining and implementing digital strategies.
Daimler Truck's new Innovation Centre to focus on green technology
Unit will provide competitive advantage by building deep engineering and IT capabilities to achieve zero emission and industry-leading innovations in software and electronics
 "Daimler Truck's new Innovation Centre to focus on green technology")
Women-run tiny businesses offer $11.4bn scope for fin institutions: IFC
These enterprises face numerous challenges, including inadequate access to capital, technology and information, and infrastructure gaps, says IMF study
 "Women-run tiny businesses offer $11.4bn scope for fin institutions: IFC")
RBI deepens digital pay infra, launches UPI for 400 mn feature phone users
UPI is on course to reach Rs 100 trillion in value of transactions, said Governor Shaktikanta Das
 "RBI deepens digital pay infra, launches UPI for 400 mn feature phone users")
B2B logistics tech platform Oorjaa raises Rs 9 cr in pre-Series A round
The funds will be used to focus on the product and tech development, expanding into new geographies and on working capital requirements
 "B2B logistics tech platform Oorjaa raises Rs 9 cr in pre-Series A round")
SBI appoints Nitin Chugh as DMD to lead digital banking operations
Chugh would be responsible for driving growth of customer acquisitions through digital channels, along with defining and implementing digital strategies.
SBI appoints Nitin Chugh as DMD to lead digital banking operations
Chugh would be responsible for driving growth of customer acquisitions through digital channels, along with defining and implementing digital strategies.
 "SBI appoints Nitin Chugh as DMD to lead digital banking operations")
Govt to reopen application window for PLI scheme for white goods
The Cabinet approved the PLI scheme for manufacturing components and sub-assemblies of air conditioners (ACs) and LED lights in April 2021 to bring manufacturing at the centre stage
 "Govt to reopen application window for PLI scheme for white goods")
L&T launches B2B e-commerce platform L&T-SuFin to expand service biz
The platform is targeted at MSMEs to enable them to source their industrial supplies pan-India, digitally
 "L&T launches B2B e-commerce platform L&T-SuFin to expand service biz")
Future Enterprises to hold meetings with shareholders, creditors in April
Move follows NCLT nod to Future Group firms to seek approval of scheme that allows Future Group to sell its retail, logistics and warehousing businesses to RIL
 "Future Enterprises to hold meetings with shareholders, creditors in April")
Maruti Suzuki gets global recognition for its annual report
The Maruti Suzuki Annual Integrated Report achieved 100 per cent in six out of eight parameters
 "Maruti Suzuki gets global recognition for its annual report")
Esports gaming platform Gamerji raises $1.1 mn in pre-series A funding
Gamerji currently serves 2.3 mn gamers, has held over 29,000 tournaments; Since Dec 2020 seed round, it has increased user base by 3x and holds 200 tournaments a day for 15 titles
 "Esports gaming platform Gamerji raises $1.1 mn in pre-series A funding")
India Inc has long way to go for true gender equality at workplace: Mercer
Mercer data showed continued trend of females' improved representation at professional level ranging from 20-30% across industries
 "India Inc has long way to go for true gender equality at workplace: Mercer")
EDMS firm InYantra forges alliance with Volex in $13 mn deal
inYantra specialises in assembling printed circuit boards (PCBs) and box builds; has been growing at a CAGR of 38% the last five years
 "EDMS firm InYantra forges alliance with Volex in $13 mn deal")
Reliance Industries opens country's 'largest biz, commerce hub' in Mumbai
Over 250 teachers from BMC schools and other schools across Mumbai were invited to attend the opening show
 "Reliance Industries opens country's 'largest biz, commerce hub' in Mumbai")
Women's investible wealth grows more than that of men, shows data
When it comes to Asia (excluding Japan), women's investible wealth is expected to grow at a CAGR of 8.8 per cent to $7.3 trillion by 2025 from $4.8 trillion in 2020
 "Women's investible wealth grows more than that of men, shows data")
Motor third-party premium rates to be revised after two years
The ministry of road transport and highways released a draft notification for revising the motor third party premium rates for the financial year 2023
 "Motor third-party premium rates to be revised after two years")
Mindtree starts return programme for techies on minimum two-year break
The programme is open to all professionals looking to return to the workforce, the majority of them are expected to be women.
 "Mindtree starts return programme for techies on minimum two-year break")