Business briefs

Kiwi, a new credit card platform, has raised USD 6 million in pre-seed funding from Nexus Venture Partners, Stellaris Venture Partners, and other angel investors. The lender claimed it is the first to introduce such a facility, which eliminates the inconvenience caused due to insufficient funds.

Kiwi, a new credit card platform, has raised USD 6 million in pre-seed funding from Nexus Venture Partners, Stellaris Venture Partners, and other angel investors. The company founded by executives from financial services industry has also announced the launch of a 'credit on unified payments interface solution, as per a statement. * ** ** ** ** ** ** Godrej & Boyce appoints Tapan Pati senior VP Godrej & Boyce on Thursday appointed Tapan Pati as senior vice president and group general counsel. Patil will be leading a legal team comprising over 30 lawyers, as per an official statement from the flagship company of the Godrej Group. * * * * * * * Allen Career Institute on Thursday appointed Nitin Kukreja as its chief executive.

He is the first professional manager to serve as the head of the company in its 35-year history, as per a statement.

* ** ** ** ** ** ICICI Bank launches automatic recharge facility for FASTag Second largest private sector lender ICICI Bank on Thursday launched an automatic recharge facility for FASTag through UPI mandate. The lender claimed it is the first to introduce such a facility, which eliminates the inconvenience caused due to insufficient funds.