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Rajat Bahri: Steering Icertis Toward Innovation and Growth with $150 Million Funding Boost

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In a significant development for the contract intelligence space, Icertis, a leading contract lifecycle management (CLM) company, has raised an impressive $150 million in funding through a combination of a revolving credit facility and convertible financing from Silicon Valley Bank. The funds are poised to propel Icertis into a new phase of growth, accelerating the integration of cutting-edge technologies such as artificial intelligence, machine learning, and blockchain.

At the heart of Icertis’ success is the Icertis Contract Intelligence platform, a robust solution that empowers companies to structure critical commercial, legal, and operational data within contracts. The platform seamlessly connects this valuable data to surrounding procurement, enterprise resource planning (ERP), human capital management (HCM), and customer relationship management (CRM) systems. The result is a transformative approach to contract management, automating processes and providing end-to-end value across the enterprise.

Rajat Bahri, CFO of Icertis, expressed enthusiasm about the company’s momentum, stating, “We continue to see strong momentum with our clear value proposition as we help customers become more agile, drive efficiencies, and respond to market challenges like inflation, sanctions, economic slowdown, and supply chain disruptions.” The funding injection from Silicon Valley Bank serves as a resounding vote of confidence in Icertis’ growth trajectory. It enhances the company’s already robust capital position, enabling it to capitalize on market opportunities, capture increased market share, and embark on the next exciting chapter of its journey.

In the face of dynamic market challenges such as inflation, economic slowdown, and supply chain disruptions, Icertis is well-positioned to address these issues head-on. The company’s commitment to innovation, coupled with strategic investments in AI, machine learning, and blockchain technologies, reinforces its role as a pioneer in the contract management space.

Icertis stands out in the contract lifecycle management sector, and industry experts predict significant growth in this category. According to MGI Research, the total addressable market for CLM is projected to reach $30 billion in the next five years. Icertis, with its advanced AI capabilities and extensive technology partnerships, positions itself at the forefront of contract management, offering solutions that go beyond traditional approaches.

Bob Blee, Head of US Technology Corporate Banking at Silicon Valley Bank, highlighted the strategic importance of supporting Icertis, stating, “Contracts are the foundation of commerce, sitting at the intersection of almost all business processes. Understanding and harnessing the underlying data can drive material business impact to a wide range of enterprises. We’re proud to support the Icertis team as they build an enduring and industry-leading enterprise software company.”

As CFO of Icertis, Rajat Bahri plays a pivotal role in steering the company’s financial strategy and ensuring it remains on a trajectory of sustainable growth. The infusion of $150 million in funding provides Icertis with the financial muscle to not only weather market challenges but also to invest in innovative technologies that will shape the future of contract management.

In his statement, Rajat Bahri expressed confidence in the company’s growth prospects, emphasizing that the new funding from Silicon Valley Bank marks a significant milestone. It reinforces Icertis’ commitment to delivering value to its customers by staying ahead of market trends and challenges.

With this substantial funding boost, Icertis is poised to further solidify its position as a leader in contract intelligence. The company’s emphasis on AI-driven solutions and its ability to adapt to the evolving landscape of business challenges position it as a force to be reckoned with in the enterprise software domain. As Rajat Bahri leads Icertis into this new phase of growth, the company’s journey reflects a commitment to innovation, resilience in the face of market dynamics, and a vision for transforming the way businesses manage their contracts. With the infusion of funds and a focus on emerging technologies, Icertis is set to carve out new milestones and contribute to the evolution of contract lifecycle management.

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How IDigitalAKKI Media Is Shaping Crisis Communication for Gurgaon-Based Institutions

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IDigitalAKKi Media Crisis Communication in Gurgaon

Gurgaon’s rapid growth as an educational, corporate, and healthcare hub has brought new opportunities—and new reputational challenges. Institutions operating in the city today face constant digital scrutiny, where public perception can shift quickly due to misinformation, incomplete narratives, or heightened media attention.

In this evolving environment, crisis communication has emerged as a critical function rather than a reactive afterthought. Gurgaon-based digital branding and crisis communication agency IDigitalAKKI Media has been working closely with institutions to address this shift through structured and responsible communication strategies.

The Rising Importance of Crisis Communication in Gurgaon

With the city hosting multinational offices, universities, schools, hospitals, and fast-scaling organizations, even localized incidents can attract widespread attention. Social platforms and search engines often amplify issues faster than official responses can keep pace.

This has created a growing need for agencies that understand not just communication mechanics, but also institutional accountability. Crisis communication today is less about visibility and more about clarity, consistency, and credibility.

A Structured and Disciplined Communication Model

IDigitalAKKI Media approaches crisis management through structured frameworks that prioritize accuracy and long-term reputation over short-term messaging. Rather than relying on reactive publicity, the agency focuses on aligning internal communication with external narratives to reduce confusion and prevent escalation.

This approach helps institutions maintain stability during sensitive periods while ensuring that public communication remains responsible and measured.

Working with Educational and Institutional Stakeholders

Educational institutions in Gurgaon face unique reputational pressures involving students, parents, faculty, and regulatory bodies. Even minor concerns, when miscommunicated, can affect public trust. IDigitalAKKI Media has supported educational and institutional stakeholders by guiding communication during such situations with discretion and strategic oversight.

The agency’s work emphasizes transparency where required, restraint where necessary, and continuity beyond the immediate crisis phase.

Beyond Immediate Crisis Response

Modern crisis communication does not end once attention subsides. Institutions must assess the long-term impact of public narratives and ensure that post-crisis communication reinforces credibility. IDigitalAKKI Media integrates monitoring and advisory support into its crisis strategies, helping organizations regain equilibrium after periods of heightened attention.

This longer-term perspective reflects a maturing understanding of reputation management within Gurgaon’s institutional landscape.

A Gurgaon-Based Agency with Broader Perspective

Operating from Gurgaon, IDigitalAKKI Media is positioned within one of India’s most diverse institutional ecosystems. Its local presence allows the agency to understand regional dynamics, while its broader experience enables it to address communication challenges that extend beyond geographic boundaries.

As searches for crisis communication and reputation management services in Gurgaon continue to rise, agencies with both local insight and structured methodology are becoming increasingly relevant.

A Shift Toward Responsible Reputation Management

The conversation around crisis management in Gurgaon is evolving. Institutions are gradually moving away from reactive damage control toward preparedness, accountability, and long-term trust-building. Crisis communication is now being viewed as part of institutional governance rather than an emergency function.

In this context, agencies like IDigitalAKKI Media reflect a broader shift toward disciplined and ethical communication practices that prioritize credibility over noise.

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Kapil Banwari: Empowering the Next Generation through Financial Literacy with Fyp

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In the dynamic landscape of finance and technology, Kapil Banwari, a certified Cost and Management Accountant from the Institute of Cost Accountants of India, stands out as a visionary entrepreneur. With a robust background in finance, including seven years at ITC in various financial roles, Kapil recognized the significant gap in financial literacy, particularly among children. In 2021, he took a bold step by founding Fyp, a fintech startup dedicated to empowering children with financial knowledge from an early age.

Kapil’s journey in the corporate world, honing his financial expertise, laid the foundation for his entrepreneurial venture. While at ITC, he observed a notable lack of financial literacy across various age groups. Colleagues from diverse departments sought his advice on personal finance, tax filing, and investment management. This experience illuminated the need for financial education, especially among children.

Transitioning from corporate finance to entrepreneurship, Kapil identified the potential to create a platform that could teach children about finance in an engaging and accessible manner. Leveraging his belief that teaching children is more straightforward than teaching adults, he set out to establish Fyp as a fintech solution tailored for children.

In a crowded space occupied by neobanks like Junio, FamPay, and Walrus, Fyp distinguishes itself by prioritizing financial literacy. Fyp’s core objective goes beyond facilitating payments; it aims to educate children about financial concepts through gamification and bite-sized video content. Understanding the immense growth potential in the global neobank market, Fyp is strategically positioned to cater to India’s young population, where more than half is under the age of 18.

Fyp’s uniqueness lies in its acquisition of Edunify, an edtech startup, earlier this year. This strategic move enhances Fyp’s capability to expand its user base through collaborations with schools nationwide. By integrating financial literacy into its offerings, Fyp envisions becoming a trusted banking partner for pre-teens and teenagers, offering convenience in banking services.

Fyp operates as a neobank, partnering with YES Bank for wallet services and Visa for its online and physical cards. Its revenue model primarily relies on interchange fees levied by banks on merchants for payment processing. The startup also issues physical cards linked to Fyp accounts, catering to users interested in both virtual and physical transactions. Additionally, Fyp explores revenue streams by associating with children-centric brands, providing a platform for marketing on its app.

Since launching its Minimum Viable Product (MVP) in September 2021 and the main product in December, Fyp has witnessed remarkable traction. With over eight lakh downloads across Android and iOS, the startup boasts daily active users ranging from 40,000 to 45,000. Having processed more than 2.5 lakh transactions, Fyp has positioned itself as a significant player in the teen-focused neobanking space.

Kapil’s leadership at Fyp reflects his commitment to bridging the financial literacy gap for the next generation. The startup’s target audience, aged between 11 and 21 years, resonates with the broader trend in teen-focused neobanking. Impressively, 70 to 75 percent of user acquisition for Fyp has occurred organically, underlining the relevance and appeal of its offerings.

In early 2022, Fyp successfully secured a seed round of $2 million, signaling investor confidence in its vision and potential. Currently in the process of raising its next investment round, Fyp continues its mission to empower children with financial knowledge and redefine their banking experiences.

As Kapil Banwari leads Fyp into the future, the startup stands as a beacon for financial inclusion and education. By fostering a generation of financially literate individuals, Fyp contributes to building a more empowered and economically savvy society.

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Revolutionizing Fleet Management: The Visionaries Behind LocoNav

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In the vast expanse of developing countries across Asia, Africa, the Middle East, and Latin America, a significant challenge plagues the on-road commercial vehicle industry. With more than 250 million vehicles navigating these regions, the lack of access to modern technology hinders operational efficiency for fleet owners. Recognizing this gap, LocoNav, a full-stack fleet management start-up, emerges as a game-changer, employing IoT innovations to streamline operations and enhance efficiency.

Shridhar Gupta and Vidit Jain, the co-founders of LocoNav, embarked on this journey in 2016 with a mission to empower fleet owners in price-sensitive markets. They aimed to deliver B2B fleet management solutions that cater to diverse technological landscapes, ensuring accessibility and affordability for all stakeholders.

Shridhar Gupta, with a background in leading sales and partnerships at ClearTax, brought a wealth of experience to LocoNav. His earlier roles in companies like Fitho and DNG Enterprises showcased his commitment to building scalable solutions. Shridhar’s visionary leadership is integral to LocoNav’s success, driving innovation and strategic growth. Vidit Jain, a founding engineer at Bizzy, played a crucial role in shaping the backend framework for the omnichannel marketing engine. His experience at ClearTax and expertise in technology positioned him as a key force behind LocoNav’s technical prowess. Vidit’s commitment to creating accessible and global solutions aligns seamlessly with the startup’s goals.

LocoNav, headquartered in San Francisco and Gurugram, specializes in providing comprehensive fleet management solutions since its inception. The start-up addresses the needs of various on-road vehicles, including cars, bikes, buses, trucks, ambulances, and construction vehicles. By integrating IoT sensors into vehicles, LocoNav collects and transfers data to secure cloud servers, leveraging advanced AI and ML for actionable insights.

The key features of LocoNav’s fleet management solution focus on tracking, measuring, and optimizing the entire fleet. These features include vehicle tracking, trip management, fuel monitoring, safety measures, compliance solutions, and more. LocoNav stands out by offering real-time alerts, rich analytics, and customized reports in an interface accessible in over 14 languages.

Vidit emphasizes LocoNav’s distinction as the largest fleet tech company in India, catering to the specific needs of developing and emerging markets. The start-up’s platform is designed with a customer-centric approach, solving industry challenges instead of imposing generic solutions. The user-friendly interface, available in multiple languages, ensures accessibility for diverse fleet owners, making LocoNav the go-to choice in the industry.

LocoNav’s success is further underscored by its global presence, extending to over 50 countries. With a track record of serving more than five million vehicles and boasting over 90,000 customers worldwide, LocoNav’s impact on the fleet tech industry is substantial. Despite challenges, LocoNav has witnessed a robust growth trajectory and achieved EBITDA positivity even during the pandemic. The start-up’s commitment to innovation and addressing industry concerns has resonated with investors. In a Series B funding round in June 2021, LocoNav secured $37 million from notable investors, including Quiet Capital, Anthemis Group, Sequoia Capital India, and others.

As a SaaS startup, LocoNav’s monetization strategy revolves around subscription-based solutions, combining software with connected devices. The platform’s reach is amplified through strategic partnerships that contribute to the growth of the LocoNav ecosystem.

Shridhar Gupta and Vidit Jain envision LocoNav as a catalyst for transforming fleet management globally. Their commitment to providing accessible, scalable, and innovative solutions remains unwavering. LocoNav’s journey, marked by continuous innovation and strategic expansion, exemplifies the impact visionary leaders can have on an industry.

In conclusion, Shridhar Gupta and Vidit Jain’s leadership at LocoNav reflects a paradigm shift in how fleet management solutions are conceived and implemented. Their visionary approach and dedication to creating a global impact through technology-driven solutions position LocoNav as a frontrunner in the ever-evolving fleet tech landscape.

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