• Startup Pulse
    Kalyani Steels names Amit Kalyani as Chairman, effective close of business on 28 October, succeeding Dr. Babasaheb Kalyani, who chaired the company since its incorporation. Info Edge MD and CEO Hitesh Oberoi will leave his executive role on 2 December; founder Sanjeev Bikhchandani becomes executive vice chairman, MD and group CEO from 3 December, subject to shareholder approval. Vama raises ₹19.03 crore in ongoing pre-Series A funding led by Writers and Publishers Private Limited (Dainik Bhaskar family office). CHOSEN raises an undisclosed amount in a Series A extension from Wellbeing Nutrition founders Avnish Chhabria and Saurabh Kapoor. QwikBuild raises $2.3 million in pre-seed funding led by Globalway, with Blume Ventures, DeVC and Marsshot participating. Kalyani Steels names Amit Kalyani as Chairman, effective close of business on 28 October, succeeding Dr. Babasaheb Kalyani, who chaired the company since its incorporation. Info Edge MD and CEO Hitesh Oberoi will leave his executive role on 2 December; founder Sanjeev Bikhchandani becomes executive vice chairman, MD and group CEO from 3 December, subject to shareholder approval. Vama raises ₹19.03 crore in ongoing pre-Series A funding led by Writers and Publishers Private Limited (Dainik Bhaskar family office). CHOSEN raises an undisclosed amount in a Series A extension from Wellbeing Nutrition founders Avnish Chhabria and Saurabh Kapoor. QwikBuild raises $2.3 million in pre-seed funding led by Globalway, with Blume Ventures, DeVC and Marsshot participating.
  • Arch Capital Group Launches Global Capability Centers in Trivandrum and Pune

    Arch Capital Group

    Pune: Arch Capital Group Ltd. (Nasdaq: ACGL), a leading global provider of insurance, reinsurance, and mortgage insurance, has established two new global capability centers (GCCs) in Trivandrum and Pune, India.

    A third GCC is planned for launch in Hyderabad soon, further expanding the company’s operational footprint in the country.

    These new centers will collectively employ over 350 professionals and play a strategic role in supporting Arch’s global operations.

    Also Read: Finance Roles in GCCs Set to Surge as India Becomes a Global Back-End Powerhouse: ACCA

    Arch Capital Group GCCs to Strengthen Delivery Across Domains

    The India-based GCCs are designed to strengthen delivery across insurance, reinsurance, and mortgage insurance domains while leveraging India’s vast talent base in technology, data analytics, and operations.

    “India offers exceptional professional talent and is becoming increasingly important in the global insurance value chain,” said Prashant Nema, Deputy Chief Operations Officer, Arch. “Our presence here enables us to scale capabilities, enhance operational efficiency, and drive innovation across our businesses.”

    To facilitate the successful launch and long-term operation of these centers, Arch Capital Group partnered with global GCC expert ANSR Inc. Legal support during the setup was provided by Khaitan & Co.

    Also Read: TP-Link Sets Up Incubation Hub in Mumbai, GCC in Bengaluru

    As of June 30, 2025, Arch Capital Group Ltd. reported a capital base of approximately $25.8 billion. The Bermuda-headquartered firm is part of the S&P 500 Index and operates through a network of wholly owned subsidiaries across key global markets.

    To explore career opportunities at Arch Global Services India, visit: https://www.archgroup.com/careers/work-at-arch-global-services-india

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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