People Digest: WhiteHat Jr co-founder leaves firm; Nivesh appoints chief business officer
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Synopsis
Pradeep Bhasin is a business leader with a diverse experience of 19 years in the financial services industry, and has scaled businesses both in physical distribution and the digital space. He has worked with asset management companies like HDFC and Sundaram for 11 years and managed their B2B distribution channels.
Pradeep Bhasin
Digital-first wealth technology platform Nivesh has appointed Pradeep Bhasin as co-founder and chief business officer.
In this role, Bhasin will be responsible for scaling the business, deepening reach, ideating, and driving multiple products for the platform.
He is a business leader with a diverse experience of 19 years in the financial services industry, and has scaled businesses both in physical distribution and the digital space. He has worked with asset management companies like HDFC and Sundaram for 11 years and managed their B2B distribution channels.
Himachal Pradesh: Top Bureaucrats Test Positive For Covid-19, Under Home Quarantine
A senior official in the personnel department admits that Covid-19 has severely affected several bureaucrats from top to lower ranks.
Ashwani Sharma 06 May 2021, Last Updated at 9:58 pm Outlook Ashwani Sharma 2021-05-06T15:08:13+05:30 Himachal Pradesh: Top Bureaucrats Test Positive For Covid-19, Under Home Quarantine outlookindia.com 2021-05-06T21:58:37+05:30
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Amid an unprecedented surge in Covid cases and a high fatality rate, several bureaucrats including the chief secretary, director-general have also tested positive for Coronavirus.
Chief secretary Anil Khachi, a 1986-batch IAS officer, who has been at the forefront of enforcing Covid-19 guidelines, is under home isolation after he contracted Covid-19.
Wealth management platform Nivesh raises $1.6m led by Indian Angel Network
Photo: Reuters
May 4, 2021
Wealth management platform, Nivesh, on Tuesday said it has raised $1.6 million, led by Indian Angel Network (IAN) Fund. The round also saw participation from other angel investors including LV Angel Fund.
According to the company, the freshly infused capital will be utilised for expansion of its product portfolio, specifically towards introducing newer insurance and credit products. The company is also expected to use the funding towards technology enhancement by bringing in automation and user personalization.
Five-year-old Nivesh is a technology platform that allows mutual fund distributors to list and distribute their financial products to consumers in a digital-first manner. Apart from mutual funds, the platform also allows distributors to list other products, including corporate fixed deposits and insurance.
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