Startup News and updates of the Day: June 29, 2022

Classplus appoints Vaibhav Goel as the VP-Product

Edtech startup Classplus announced the appointment of former Info Edge executive Vaibhav Goel as Vice President-Product to enhance its user experience and product innovation. Additionally, he will lay out the product strategy for Classplus' international growth.

AquaExchange bags $3 million Pre-Series A funding round

AquaExchange, a financial company focused on aquaculture, received $3 million in pre-Series A funding from Accion Venture Lab and Endiya Partners. AquaExchange plans to increase the scope of its agricultural automation services while also bolstering its technology and e-commerce businesses.

Cashfree Payments' 'Token Vault' enables payment gateway interoperability

Cashfree Payments, a fintech startup, announced that its tokenization solution, "Token Vault," will provide interoperability in card tokenization. The tool would save the time-consuming integration of several token service providers for enterprises that utilize multiple payment gateways by enabling them to conduct tokenized card transactions across any payment gateway and card network of their choice.

Fashinza announces Sumit Saxena as President–Revenue and Strategy

Fashinza, the AI-powered B2B marketplace for fashion brands and distributors, has appointed Sumit Saxena as President of Revenue & Strategy. He will be in charge of growing the company's operations in Europe and the United Kingdom, which are two of Fashinza's most important markets.