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Homegrown B2B ecommerce platform Udaan raises $250 mn

Business-to-business (B2B) ecommerce platform Udaan has raised $250 million, as it prepares to accelerate and strengthen capabilities to serve its customers better.

Udaan Bags $250 Mn Through Convertible Note And Debt

The B2B ecommerce unicorn Udaan has raised $200 Mn through convertible note and $50 Mn through debt ahead of its potenial public listing

IndiGo appoints new CFO

By Greg Waldron2021-02-10T01:53:00+00:00 India low-cost carrier IndiGo has appointed Jiten Chopra as its new chief financial officer, following the resignation of Aditya Pande. The company made the announcement of the CFO change in a stock exchange filing. Source: IndiGo An IndiGo Airbus A320. “[Chopra] joined the Company as Head of Governance, Risk and Compliance in February 2020,” says IndiGo. “In this role he works closely with several senior leaders of IndiGo as well as Board Committees such as the Audit Committee and the Risk Management Committee.” According to his LinkedIn profile, Chopra worked at accounting firm BSR & Co for nearly 25 years.

IndiGo appoints Jiten Chopra as CFO after Aditya Pande resigns

Low-cost airline IndiGo on Tuesday appointed Jiten Chopra as its chief financial officer (CFO), effective February 21, 2021, and will succeed Aditya Pande, who is leaving the company to pursue other interests. Chopra will report to IndiGo s whole-time director and CEO Ronojoy Dutta. He joined the airline in February 2020 as head of governance, risk, and compliance. Prior to joining IndiGo, he spent 25 years working at BSR & Co (KPMG) in audit and risk management, business development, operations, and transaction services. Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed

IndiGo parent InterGloble Aviation pays Rs 2 1 crore to settle case with SEBI

IndiGo parent InterGloble Aviation pays Rs 2.1 crore to settle case with SEBI The case pertains to alleged corporate governance lapses and listing norms violations that were raised by IndiGo s co-promoter Rakesh Gangwal in 2019 BusinessToday.In | February 9, 2021 | Updated 23:16 IST InterGloble Aviation settles case with SEBI InterGlobe Aviation, the parent of low-cost carrier IndiGo, has paid Rs 2.10 crore to Securities and Exchange Board of India (SEBI) to settle a pending case. The case pertains to alleged corporate governance lapses and listing norms violations that were raised by the company s co-promoter Rakesh Gangwal. The company has settled the matter without admitting or denying any violation on its part, by paying a settlement charge of Rs 2.1 crore, as per a SEBI notification issued on Tuesday.

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