Entreprenuernewsnetwork

Cycle seller Ninety One raises close to $30 million

According to a press release from the company, Ninty One secured roughly $30 million (Rs 225 crore) in a Series A financing from A91 Partners. The company is valued at around Rs 1,000 crore at this round. Ninety One is a cycle company founded in 2015 by Sachin Chopra, a former managing director of Everstone … Read more

Monster.com raises $18.3M in funding

Platform for online job postings Monster has raised Rs 137.5 crore from Volrado Venture Partners, Meridian Investments, and its parent firm Quess in an investment round valued at close to $100 million. Volrado is led by Enam Holdings’ Akash Bhanshali, while Meridian is TV Mohandas Pai’s investment office. In 2018, Quess bought Monster.com’s operations in … Read more

Minko raises $1.5 million in seed round

Minko, a retail financial platform that provides loan facilities to small Kirana and retail shop owners, has secured $1.5 million in a seed round. LetsVenture Founder and CEO Shanti Mohan and Kunal Shah, Founder of CRED, participated in the round, which was led by LC Nueva AIF, an India-domiciled Category II AIF Fund with LC … Read more

New CIO appointments in India, December 2021

December CIO Appointment Airtel CISO Manish Tiwari joins Fractal as CIO Fractal Analytics has appointed Manish Tiwari as its CIO. He will be based in Gurugram. At Fractal, Tiwari will be responsible for the company’s digital transformation and overseeing IT operations, cybersecurity, and risk management. Prior to joining Fractal, Tiwari was senior vice-president and global … Read more

Witzeal named industry experts – Peush Bery and Yogvinder Singh to strengthen the team

Witzeal Technologies, a new-age gaming technology firm that specialises in developing futuristic games and features for the real money gaming (RMG) segment, has bolstered its senior leadership to stay ahead of the competition. It has announced the appointments of Peush Bery, head of product development strategy, and Yogvinder Singh, head of technology, as the first … Read more

Startup Watch Brand Raises $30k In Less Than Two Days

Galo Watches Founder Zeca Amendola is excited to announce recent fundraising success, as he looks forward to keeping the momentum going into the new year with the launch of a new campaign. During the first campaign, Galo Watches raised a total of AU $46,000 — AU $30,000 of that was raised in less than two days. The … Read more

Multichain (previously Anyswap) raises a $60M financing round led by Binance Labs

Multichain (previously Anyswap), the world’s leading cross chain protocol, raises a $60 million financing round at $1.2 billion valuation led by Binance Labs, joined by Sequoia China, IDG Capital, Three Arrows Capital, DeFiance Capital, Circle Ventures, Tron Foundation, Hypersphere Ventures, Primitive Ventures, Magic Ventures and HashKey. Besides backing Multichain financially, all the supporters will be … Read more

Pace Robotics raises seed funding from Pidilite

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 Raises $125 Million Series A, with $1B Valuation, to Reinvent Package Delivery

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 Secures $100M Series C Funding from Coatue and Andreessen Horowitz

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 Raises $75 million In Series C Funding Led by Insight Partners

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 Pay Come together to Tokenization for Card-based Payments across India

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 acqui-hires the Indian arm of Singapore-based startup Teachee

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 raises $85 Mn in Series C funding

Jumbotail

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

Adloid raises $4 Mn in pre-Series A funding

Adloid

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