India: JoulestoWatts raises pre-Series A from Saha Fund, Manipal Global Education

India-based talent-collaboration firm, JoulestoWatts, has raised pre- Series A funding of an undisclosed amount from Manipal Global Education Services Ltd and Saha Fund, according to a report in The Economic Times.

The company plans to utilise this latest round of funding to build its team and ramp up its technology platform to a global standards.

“Having TV Mohandas Pai and Ranjan Pai as mentors and strategic investors is a huge boost for us,” says Priti Sawant, founder of JoulestoWatts.

JoulestoWatts provides IT solutions, GIC consulting and solutions, talent collaboration solutions, and sales and process outsourcing among other services.

“In the global war for talent, increasingly both corporates and extremely talented individuals are seeking the perfect fit on a just-in-time basis. As technology explodes in complexity, high quality talent in new technologies needs an individual identity and exciting opportunities to create a fast paced response to competitive needs,” said  TV Mohandas Pai, chairman of Manipal Global Education.

Former Infosys executive Pai, is now one of the most prolific angel investors in the country in his personal capacity as well as through Manipal Global Education and his venture capital firm Aarin, which manages stage-agnostic funds with the ability to support its investee companies from incubation to exit.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.