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Upstox, Acko, Urban Company, Licious & more; Critical Tech Leadership Searches Mark Purple Quarter’s Eventful Headhunt in 2021

BANGALORE, India, Dec. 21, 2021 /PRNewswire/ — Businesses in 2021 were dealing with the aftermath of Coronavirus, which required cutting-edge technologies to scale, disrupt and establish a foothold in the new normal, leading to an increased demand for technologists. Keeping up with this pulse, Purple Quarter successfully closed 27 stellar Tech Head positions.

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There has been a flood of unicorns in Indian startups this year, and as of the first week of December, 42 Indian companies reached a valuation of $1 billion and more. Purple Quarter played a crucial role in finding several tech leaders for unicorns like Acko, Upstox, Licious, Urban Company, and Zeta. In addition to working with unicorns, Purple Quarter forged valuable partnerships with RBIH, Rupeek, Shadowfax, Suki, Hopscotch, Stanza Living, Avataar.Me, Hubilo, and many more this year.

The bespoke CTO search firm impressively closed eight CTO/CPTO positions in 2021. Purple Quarter partnered with Upstox, one of the leading online investment platforms in the country, to find its CTO. Upstox sought a seasoned techie with experience working across global teams and the firm successfully orchestrated veteran Thippesha Dyamappa’s move to the startup. Thippesha, erstwhile, was based at Amazon’s Chicago office for more than a decade.

India’s first D2C unicorn, Licious, trusted Purple Quarter to find their CPTO, Himanshu Verma. Taking on the role in July, the ex-Amazon engineer was a great match for Licious’ Product and Engineering teams. Likewise, companies like Maatrum, Progcap, Stanza Living, Setu, Reserve Bank Innovation Hub (RBIH) and Pratilipi found their Chief Technology / Chief Product & Technology officers with the help of Purple Quarter. The tech-head search firm’s unique and proven end-to-end search process enabled these innovative companies to locate the right leaders to lead their respective technology teams.

Beyond CTO, Purple Quarter helped Urban Company, Shadowfax, Avataar.me, Dhani Stocks, and Zeta close their VP of Engineering roles. The firm found a suitable SVP of Engineering for Acko and Hubilo. The Head of Engineering positions for Helpshift, Baazi Games and Zolve, a Bangalore-based fintech company, were closed in the first two quarters. Purple Quarter supported the growing tech teams at Suki, Licious and Rupeek by closing crucial positions of Senior Director of Engineering, Directors of Engineering and the Chief Architect.

Continued partnerships with valuable companies solidified Purple Quarter’s position as the trusted search partner. Urban Company, Hopscotch, Licious, engaged with Purple Quarter for numerous tech leadership mandates this year. The specialised search firm closed three tech heads for Licious; two VP of Engineering for Urban Company, and Mumbai-headquartered e-commerce player, Hopscotch, onboarded two tech leaders including the Senior Director of Engineering. Newly minted insurtech unicorn, Acko, post onboarding its CTPO last year, further expanded its engineering team with the appointment of Amol Wanjari as the SVP of Engineering role in 2021; courtesy Purple Quarter.

As a tech headhunting specialist, Purple Quarter has extensive experience in locating tech leaders across industries by analysing business models closely. This year too, the firm worked with a diverse clientele across verticals shaping the Indian startup ecosystem, from FinTech, SaaS, Real Estate, FoodTech, Logistics and Supply Chain, Home Services, InsurTech, HealthTech, Gaming, eCommerce to HRTech. Purple Quarter’s team of seasoned tech-head search experts has timely identified leaders across industry segments and ensured a smooth transition for these high-value roles through an end-to-end streamlined process.

Find more on our notable closures: https://purplequarter.com/newsroom/  

About Purple Quarter

Purple Quarter is a Bespoke CTO Search firm based out of Bangalore. In over four years, the firm has mapped over 10,000+ leaders across the globe. The singular approach to tech leadership search has given Purple Quarter a detailed acumen into the Tech Leadership hiring space, especially in the startup ecosystem. Our robust clientele includes corporates, early-stage to mature startups such as Swiggy, Acko, PharmEasy, hike, Urban Company, Upstox, Licious, RBIH, Zeta and many more.

For Tech Leadership requirements, write to us at interact@purplequarter.com or visit: https://purplequarter.com/

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Reliance Digital Introduces High-Performance iQOO 15R to its Nationwide Store Network

MUMBAI, India, March 11, 2026 /PRNewswire/ — Reliance Digital announces the offline retail availability of iQOO, the high-performance smartphone brand built for today’s youth and tech-forward consumers. Following strong traction in online channels, iQOO is now extending its presence into physical retail, allowing customers to experience and purchase its devices first-hand at Reliance Digital stores across India.

Known for pushing the boundaries of speed, and power, the iQOO 15R is powered by the Snapdragon 8 Gen 5, delivering exceptional speed, responsiveness, and sustained performance throughout the day. It packs iQOO’s biggest battery yet in an ultra-slim 7.90mm design, making it India’s slimmest smartphone with a 7600 mAh battery.

The device features a 6.5K IceCore VC Cooling Chamber for stable performance and runs on OriginOS 6.0 based on Android 16 out of the box, supported by 4 years of software updates and 6 years of security updates. It is also equipped with a Sony LYT-700V OIS camera, a 1.5K 144Hz AMOLED EyeCare display, and IP68 & IP69 dust and water resistance, making it a dependable daily partner for professionals on the go.

The brand’s offline expansion marks an important step in deepening consumer engagement by offering hands-on access to its devices, enabling customers to explore iQOO’s powerful performance, advanced display technology, and flagship-grade camera capabilities in a real-world retail environment.

The availability of iQOO at Reliance Digital brings together two brands driven by innovation and consumer experience. While iQOO continues to build its reputation as a performance-led smartphone brand, Reliance Digital strengthens its portfolio by offering customers access to cutting-edge technology brands through its extensive nationwide retail network.

Through engaging in-store experiences, knowledgeable staff, and immersive product demonstrations, Reliance Digital aims to help consumers better understand iQOO’s performance-first DNA. This move further reinforces Reliance Digital’s commitment to staying ahead of evolving consumer preferences and serving as a preferred destination for discovering new-age technology.

With this expansion, Reliance Digital continues to play a key role in shaping India’s consumer electronics landscape by bringing future-ready brands closer to customers, while enabling smartphone brands like iQOO to build stronger connections with a growing, performance-driven audience.

The all new iQOO 15R is now available at Reliance Digital stores nationwide.

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Kotak Alts announces winner of the inaugural Katalyst Awards

Ms Himani Choudhary named Katalyst for the year – India’s Best Financial Content Creator; wins Rs. 25 Lakhs

MUMBAI, India, March 10, 2026 /PRNewswire/ — Kotak Katalyst Awards, a national initiative instituted to recognise excellence and responsibility in financial content creation has announced the winner of its first Katalyst edition. Kotak Alternate Asset Managers Limited (“Kotak Alts”) today announced Himani Choudhary as the winner. The winner was awarded a prize of INR 25 Lakhs, positioning Katalyst among the most meaningful recognitions for financial content creators in India.

Srini Sriniwasan, Managing Director, Kotak Alts, said, “The Kotak Alts Katalyst Awards were instituted to recognize content creators who are contributing meaningfully to financial literacy in India. As investor participation deepens, audiences are seeking clarity, context, and credibility. The response from creators was overwhelming and points to the new generation of financial educators.  As the inaugural winner Ms. Himani Chaudhary, exemplifies the standard of financial communication that Katalyst seeks to encourage.”

The first edition of the Kotak Alts Katalyst Awards received over six hundred entries from across 19 states and in 8 languages, reflecting the growing role of digital creators in shaping financial awareness. Conceived in response to increasing clutter and misinformation in the financial ecosystem, Katalyst is designed to recognize creators who place accuracy, transparency, and investor interest at the core of their work.

The winning content, ‘Personal Finance & Major Finance Updates’ by Himani Choudhary, was recognised for its clarity, originality, and credibility. The jury noted the content’s ability to explain complex financial concepts in a clear and measured manner, supported by strong research and a consistent focus on investor education over virality.

To ensure a robust and transparent evaluation process, the awards framework was designed and audited by EY. The top thirty entries were assessed by an academic jury.

The top 10 finalists were subsequently evaluated by a grand jury comprising Kunal Shah, Founder and CEO of CRED; Radhika Gupta, Managing Director and CEO of Edelweiss Mutual Fund; and Alpesh Shah, Managing Director and Senior Partner at Boston Consulting Group, and chaired by Ananth Narayan, former Whole–Time Member of SEBI with extensive capital markets and regulatory experience.

The Katalyst Awards recognise financial content creators who priorities financial literacy, substance, and long–term investor interest. Through this initiative, Kotak Alts aims to encourage responsible financial communication and support the development of informed and confident investors across India.

About Kotak Alternate Asset Managers Ltd: Kotak Alternate Asset Managers Limited (‘Kotak Alts’), a part of Kotak Mahindra Group (‘Kotak’), focuses on Alternate Asset Management and Investment Advisory businesses. Kotak Alts was set up in early 2005 and has raised, managed, and advised over USD 22 billion across different asset classes, including Private Equity, Real Estate, Infrastructure, Special Situations, Private Credit, and Investment Advisory. The asset management business and investment advisory vertical are managed by independent specialist teams. For more information, visit https://www.kotakalternateasset.com/

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Paperpal for Life Sciences Establishes HIPAA Readiness, Strengthening Enterprise Adoption of AI in Regulated Medical and Scientific Writing Workflows

MUMBAI, India, March 10, 2026 /PRNewswire/ — Paperpal for Life Sciences, an enterprise-grade Artificial Intelligence (AI) platform by Cactus Communications, purpose-built for Medical Affairs and Life Sciences organizations, announced the completion of an assessment evaluating its operational and technical safeguards to support Health Insurance Portability and Accountability Act (HIPAA) requirements. This milestone reinforces Paperpal’s commitment to meeting the rigorous standards of security, data protection, and regulatory readiness required for regulated scientific workflows.

Growing AI use in medical affairs writing and publication workflows is intensifying scrutiny on data privacy, governance, and regulatory accountability. To support these evolving needs, Paperpal for Life Sciences has undertaken an assessment of its systems and processes to evaluate readiness to support HIPAA compliance, where applicable, and now proudly offers the option to execute a Business Associate Agreement (BAA) for Protected Health Information (PHI) and Personally Identifiable Information (PII). This offering gives customers the confidence that PHI or PII, if received, is handled securely and responsibly, in line with regulatory expectations and enterprise risk management practices.

Paperpal for Life Sciences provides AI writing, literature search, source-grounded summarization with citation support, and critical publication checks, powering medical affairs content creation under stringent data privacy and governance controls. The platform accelerates research-to-publication timelines by upto 25%, supporting faster dissemination of clinical evidence and earlier commercialization of new drugs and therapies.

Nishchay Shah, Group CTO and EVP, Products and AI at Cactus Communications, said, “As AI becomes foundational to regulated scientific and medical workflows, compliance and trust are no longer optional. Paperpal for Life Sciences’ HIPAA readiness measures reflect our secure-by-design approach to AI, strong data governance framework, and alignment with real-world enterprise and regulatory requirements. This milestone enables organizations to adopt AI at scale with confidence that their data, processes, and compliance obligations are protected .”

Elvira Dsouza, President, Cactus Life Sciences, added, “Medical Affairs and Life Sciences teams operate in highly regulated environments where scientific rigor, data privacy, and compliance are non-negotiable. HIPAA readiness positions Paperpal for Life Sciences as a trusted AI partner, one that enables organizations to accelerate evidence generation and scientific communication without compromising regulatory integrity .”

With this announcement, Paperpal for Life Sciences reinforces its position as a purpose-built, enterprise-ready AI platform for medical affairs content generation that supports innovation while meeting the highest standards of privacy, ethics, and regulatory compliance.

Media Contact:

Nidhi Amin

nidhi.amin@cactusglobal.com 

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