Padma Shri Sridhar Vembu: A Simple Man with Boundless Vision
Team StartupcityOn the eve of Republic Day, The Union home ministry announced the coveted list of 102 Padma Shri awardees from various fields and categories. India Inc and the entire tech startup segment rejoiced when one of the recipients of the award was our very own technopreneur Sridhar Vembu, Co-Founder & CEO, Zoho Corp.
Awarded under the Trade and Industry category, news of Vembu receiving the Padma Shri was well received by the entire Indian corporate and startup ecosystem. Vembuhimself tweeted on Tuesday, “Receiving the Padma Shri award is a huge honour and I feel humbled. I dedicate this award to our employees, my extended family, for keeping the faith. I want to thank friends and well-wishers for all your messages that have poured in. Your support keeps me going.”
Banking On Startup Success siliconindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from siliconindia.com Daily Mail and Mail on Sunday newspapers.
Global Employment Platform Skuad Raises $4 Million in Seed Round
Team StartupcityGlobal onboarding platform, Skuad that enables clients to hire, pay and manage globally distributed teams with ease has raised $4 million in seed funding. The round of funding was led by global VC firms BEENEXT and Anthemis Group, along with Alto Partners Multi-Family Office and Rohan Monga, CEO, Zenius Education among others. The company intends to use the fresh infusion of capital to grow its remote employment infrastructure and scale its growth team in multiple geographies.
Sundeep Sahi, CEO, Skuad said, “With Skuad, we are on a mission to enable companies to build teams with global talent quickly while opening up amazing opportunities for top talent to realize their dreams to work for startups as well global companies even if they are not geographically co-located”.
Sales Automation Platform LeadSquared Raises $32 Million from Gaja Capital, Stakeboat Capital & Jyoti Bansal
Team StartupcitySaaS based sales automation platform LeadSquared has raised $32 million in series B funding. The round was led by mid-market focused private equity firmGaja Capital. Additionally existing investor Skateboard Capital and Jyoti Bansal a well-known investor and former chief strategist and chairman of AppDynamics. The fresh investment comes a year after LeadSquared had raised $3 million from Skateboard Capital. In a statement, the startup mentioned that the fresh funds will be leveraged for talent acquisition, continued expansion and product innovation in industries beyond education, financial services, and healthcare.