Entreprenuer News Network Bureau 
Construction Robotics Startup, Pace Robotics, has raised seed investment from Pidilite Industries Ltd, who has acquired an equity stake of 19.5% in the company. The fund will be used for product development and core team expansion. Founded in 2020 by Ayushmoy Roy and Srinivas K Pai, the startup has been working on a prototype for … Read more
Veho, a technology company that enables personalized next-day package delivery, today announced a $125 million Series A raise led by General Catalyst at a $1 billion valuation. Additional participants include Construct Capital led by Rachel Holt, Bling Capital, Industry Ventures, Fontinalis Partners, and Origin Ventures. The funding will be used to grow the team, expand … Read more
Tackle.io, a software company dedicated to helping software providers generate revenue through the clouds, today announced a $100 million Series C funding round. The round brings the company’s valuation to $1.25 billion and was co-led by Coatue and existing investor Andreessen Horowitz, and included participation from Bessemer Venture Partners. The funding, which comes 9 months … Read more
PlainID, a leading provider of cybersecurity, authorization, and identity access management (IAM) solutions, today announced it has raised $75 million in Series C funding. The round was led by New York-based global venture capital and private equity firm Insight Partners, with participation from Itai Tsiddon, Viola Ventures and all other existing investors. PlainID will use … Read more
Mastercard and Google today announced the rollout of tokenization that will enable Google Pay users to safely transact using their Mastercard credit and debit cards while enjoying a hassle-free experience. Through tokenization, Mastercard cardholders can make payments through a secure digital token without having to share their credit or debit card details such as card number, expiry … Read more
Teachmint, an education infrastructure startup and the creator of India’s largest teaching platform, today announced that it has acqui-hired the Indian arm of edtech startup Teachee. Helping educators and creators sell courses online, Teachee was launched in India in October 2020 by Vlight Technology Pte, a Singapore-based company. This comes at the heels of Teachmint’s acquisition of Teachmore, a course-selling platform which enables … Read more
Jumbotail, a B2B marketplace, has secured $85 million in a Series C round headed by Artal Asia Pte. Ltd. and Ajax Capital. Early investors Nexus Venture Partners and Kalaari Capital took minor part-exits in the secondary, making the round a mix of main and secondary investments. Until now, the company has raised a total of … Read more
Chiratae Ventures (Formerly IDG Ventures) and Lenskart Vision Fund led a $4 million pre-Series A investment for Adloid, an AR builder platform. Prashant Pitti, co-founder of EaseMyTrip, Seeders, and 100x Entrepreneur have all invested in the fresh round. Adloid is renaming to Metadome with this round, a metaverse that will give no-code infrastructure to virtual … Read more
Masai School, an online coding school based in Bengaluru, has purchased data analytics firm Prepleaf for $1 million in order to expand its data and business analytics training offerings. Prepleaf will continue to operate as an independent organisation under the “PrepLeaf by Masai School” label following the acquisition, according to the announcement. Masai School had … Read more
Zepto, a 10-minute grocery delivery service, has raised $100 million (Rs 755 crore) in a new round of funding, valuing the company at $570 million. The Series C financing was headed by Y-Continuity Combinator’s Fund. Existing backers such as Nexys Venture Partners, Glade Brook Capital Partner, Contrary Capital, and private investor Lachy Groom also participated … Read more
Feminine hygiene start up Sirona (makers of PeeBuddy and other innovative feminine hygiene products and market leaders in menstrual cups) have raised INR 100 crores in Series B funding from South Asia’s largest DTC conglomerate and recent BPC Unicorn Good Glamm Group.This is one of the largest amounts invested in a Series B round for … Read more
Piramal Pharma Limited (PPL) today announced an investment of INR101.77cr in Yapan Bio Pvt Ltd (“Yapan”) of Hyderabad, India, augmenting the capabilities of its Contract Development and Manufacturing Organization (CDMO) business, Piramal Pharma Solutions (PPS). PPL holds 27.78% equity stake in the company as a result of this investment. As PPS continues to strengthen its capabilities … Read more
ETMONEY presents the SIP Insights Report 2021, which looks at a 5-year trend analysis of investor behaviour towards SIPs in India, after passing the milestone of processing over 1 million SIPs each month. According to the research, India’s smaller cities are now leading the charge, with 64 percent of SIP inflows coming from outside of … Read more
QuEST Global, a global product engineering services company, announced today its partnership with NXP® Semiconductors to deliver software support for NXP’s S32G Vehicle Network Processors. QuEST will provide valued services to help OEM’s and Tier-1’s unlock the true potential of the NXP S32G processors to deliver a highly-secure vehicle network that combines ASIL D safety, hardware … Read more
Wipro Limited, a leading global information technology, consulting and business process services company, today announced it has signed an agreement to acquire Austin, Texas headquartered Edgile, a transformational cybersecurity consulting provider that focuses on risk and compliance, information and cloud security, and digital identity. Edgile is recognized by security and risk leaders for its unique … Read more
Halo, the world’s most advanced pet safety and training technology, announced that it is fully subscribed for its Series B funding round. Founded by IOT visionaries Ken and Michael Ehrman with dog behaviorist Cesar Millan, Halo achieved a valuation of $400 million. The raise marks a monumental moment for Halo and supports the company’s overall … Read more
