Entreprenuernewsnetwork

Edtech startup Masai School acquires Data Analytics firm Prepleaf for $1M

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 grocery delivery startup doubles its valuation after $100M funding

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

Sirona Raises INR 100 Crores in Series B Funding

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 Ltd. To Invest Minority Stake in Yapan Bio, India-Based CDMO Providing Expertise in Biologics and Vaccines

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

Indians Increase their Commitment to SIPs says ETMONEY SIP Insights Report 2021

et-money

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 partners with NXP to deliver integrated and secure platforms for Vehicle Networking

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 to Acquire Edgile to Strengthen its Leadership in Strategic Cybersecurity Services

Wipro

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 Series B Funding Round Completed At $400 Million Valuation

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

Searchlight Raises $17M Series A Round, Launches Talent Intelligence Platform

Searchlight

Searchlight, a talent intelligence platform powered by hard data that measures the soft skills that can make or break quality of hire, announced today that it has closed a Series A funding round of $17 million led by Founders Fund with participation from Accel, Shasta Ventures, Kapor Capital, Operator Collective, and prominent angel investors including … Read more

Ekos raises $21 million Series B to digitally connect the craft supply chain

ekos

Ekos, the leading business management software for craft beverage businesses, has closed a $21 million Series B funding round led by growth equity firm Catalyst Investors with participation from existing investors Noro-Moseley Partners. Ekos was the first software solution created specifically with craft producers in mind. Historically, craft businesses relied on manual record-keeping and disconnected systems, which are time-consuming and difficult to … Read more

Overjet Raises $42.5 Million Series B Following Explosive Customer Demand, Reaching $425 Million Valuation

Overjet

Amid accelerated demand for its dental artificial intelligence (AI) software, Overjet (www.overjet.ai) today announced it has raised $42.5 million in Series B financing led by General Catalyst and Insight Partners with participation from existing investors Crosslink Capital and the MIT-affiliated E14 Fund in an oversubscribed round. Following the $27 million Series A round announced, just … Read more

Univfy Raises $6M in Series B Financing to Expand Fertility Benefits and Advance Fertility Prognostics

univfy

Univfy, a global leader in using artificial intelligence (AI) and machine learning (ML) to personalize counseling and increase access to fertility care, today announced that it raised $6 million of its Series B funding round led by a portfolio company of Atlantic Street Capital. Known by fertility specialists and patients for its flagship Univfy PreIVF Report, Univfy has commercialized a … Read more

B2B Marketplace OfBusiness raises $325M funding

In a Series G fundraising round headed by Alpha Wave Global (Alpha Wave Ventures II), Tiger Global, and SoftBank Vision Fund 2, Gurugram-based OfBusiness, which operates an online B2B marketplace for enterprises, raised $325 million (Rs 2,465 crore). Alpha Wave Global put in about $175 million in this round, while Tiger Global and SoftBank put … Read more

ByteLearn, an AI-based teaching assistant, raises $9.5M

In a Seed funding round led by 9Unicorns, Chiratae Ventures, and Leo Capital, ByteLearn, an AI-powered teaching assistant for students and teachers, raised $9.5 million (Rs 72 crore). Venture Catalysts, Goodwater Capital, Earlsfield Capital, Kettleborough VC, PitchRight Ventures, and AdvantEdge VC also participated in the round. ByteLearn is an AI-powered teaching assistant founded in June … Read more

SaaS startup Hevo raises $30M in a Series B round

Hevo

Hevo, a SaaS firm based in San Francisco, revealed today that it has raised $30 million (about Rs 228 crore) in a Series B fundraising round headed by Sequoia Capital India, Qualgro, Lachy Groom, Chiratae Ventures, and angel investors. Sequoia’s Surge, Qualgro VC, Lachy Groom, and Chiratae Ventures had previously invested $8 million in the … Read more

S Chand Group acquired minority stake in edtech startup iNeuron Intelligence

S Chand

S Chand, a New Delhi-based education content company, has decided to buy a minority position in iNeuron Intelligence Private Limited, a Bengaluru-based edtech startup. Mukesh Sharma Family Trust, S Chand Directors, S Chand Key Managerial Personnel, and others have also invested in the round. Mr. Mukesh Sharma, a co-investor, is a serial entrepreneur and educator … Read more