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OpsLyft raises $500k in seed funding from unicorn founders, Anand Chandrasekaran, and marquee angels

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Opslyft

OpsLyft, a San Francisco and Noida-based DevOps startup, has raised $500k in seed funding from unicorn founders, Anand Chandrasekaran, and marquee angels from Freshworks, Oyo, Innovaccer, other angel investors based in India and the US. The list of angel investors includes Anand Chandrasekaran, former Executive VP, Five9 and former CPO @ Snapdeal, Shailendra Singh, board … Read more

Indian Economy Holds USD 1.1 Trillion Digital Asset Opportunity by 2032: CrossTower and USISPF Report

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CrossTower, one of the world’s fastest and leading crypto and digital asset exchanges in partnership with US-India Strategic Partnership Forum (USISPF) released its research report on “India’s USD 1.1 trillion Digital Asset Opportunity”. The report highlights India as having the potential to add USD 1.1 trillion of economic growth to its GDP by 2032. It … Read more

YipitData raises up to $475 million in Series E funding from Carlyle

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YipitData today announced a Series E funding round, led by global investment firm Carlyle . YipitData has gained rapid momentum among institutional investors and corporations with its highly accurate, detailed research and analytics on the most disruptive and digitally enabled sectors in the world, including ridesharing, e-commerce marketplaces, payments and streaming video. YipitData will use … Read more

Bizongo raises $110 Mn led by Tiger Global

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Bizongo

Bizongo, an e-commerce packaging startup, has raised $110 million (Rs 825 crore) in a Series D round headed by Tiger Global. Existing investors such as B Capital, the International Finance Corporation (IFC), and the Center for Disease Control and Prevention (CDC) have also contributed to the new investment. Tiger Global led the Series D round … Read more

HRTech Sense raises $50M Funding

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Sense, a San Francisco-based HR IT business, has raised $50 million in a Series D fundraising round headed by Softbank Vision Fund II, valuing the company at over $500 million, according to reports. Sense had previously raised $16 million in a Series C investment headed by Accel, Avataar Venture Partners, and GV in June 2021. … Read more

LoanKuber raises Rs 13 cr in Pre-Series A round

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LoanKuber, a digital-first mortgage platform, has raised Rs 13 crore (about $1.7 million) in a pre-Series A funding round led by LetsVenture and Inflection Point Ventures, a Gurugram-based angel investing platform. Other investors took part in the round as well. LoanKuber has previously secured $1.25 million in a pre-Series A financing led by LetsVenture, Accolade … Read more

CHARGE+ZONE Raises $10 Mn To Expand EV Charging Network

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CHARGE+ZONE, an electric vehicle (EV) charging firm, has raised $10 million in a bridge financing sponsored by Venture Catalysts. The funds will be used to expand the company’s existing electric vehicle charging network. CHARGE+ZONE, which was founded in 2018, is an EV charging infrastructure startup that specialises in B2B and B2C charging services using smart-grid … Read more

Lightspeed leads $22.4 Mn round in Pocket FM

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Pocket FM, an audio-focused over-the-top (OTT) service, has secured $22.4 million in a round headed by Lightspeed Venture Partners. The fresh investment also includes the Times Group and Tanglin Ventures. The money will be used to expand the Gurugram-based startup’s operations and establish a larger content creator community, as well as expand its presence across … Read more

upGrad to Acquire Edtech company Talentedge

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On Monday, December 6, upGrad, a leading online higher education provider, announced the acquisition of Gurugram-based edtech rival Talentedge. The acquisition is estimated to be worth between Rs 350 and Rs 400 crore, according to reputable sources. Talentedge, the fourth largest online education provider, expects to generate over Rs 130 crore in revenue this year … Read more

Unicommerce to invest USD 5 million towards expansion in Middle-east and Southeast Asia

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Unicommerce

Unicommerce, India’s largest e-commerce-focused supply chain SaaS platform, has decided to invest USD 5 million to strengthen its international operations and further expand its presence in the Middle-east and Southeast Asia. The company has been consistently investing and acquiring new clients across the Middle-east and will continue to forge more strategic partnerships in the coming months. After becoming an undisputed leader in India, Unicommerce aims … Read more

Tamatem Games Raises $11 Million in Series B Funding Round led by KRAFTON, Inc.

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Tamatem Games, leading Arabic mobile games publisher, raises $11 Million in Series B funding round led by South Korean video game developer KRAFTON, Inc. The round that was led by KRAFTON, Inc., makers of the phenomenally popular battle royale game PUBG, also saw participation from Venture Souq, Endeavor Catalyst and existing investors. Tamatem has seen … Read more

Learning Matters, Bengaluru’s AI based Ed-Tech Receives Pre-series A Funding

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Learning Matters, a Bengaluru based ed-tech company that uses Artificial Intelligence and voice technology to reinvent teaching and learning has received funding from Lavni Ventures and a group of angel investors. The company will use the capital to accelerate development of its flagship ed-tech solution ‘Tara’ – a virtual voice teacher – as well as … Read more

PayPhi Launches Tokenization Service for Indian Businesses on RuPay

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PayPhi, Phi Commerce’s API-first digital payments platform has become the first certified tokenization service for NPCI Tokenization System (NTS) that supports the tokenization of RuPay cards. To further enhance the safety of online transactions, RBI has issued a set of guidelines to store sensitive customer information in the form of encrypted ‘token’. To comply with … Read more

CyCognito Secures $100M to Accelerate Next Evolution of Attack Surface Management

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CyCognito today announced it has raised a $100 million Series C funding round led by The Westly Group—just 3.5 years after the company was founded in 2017. New investors Thomvest Ventures and The Heritage Group joined the round alongside existing investors Accel, Lightspeed Venture Partners, Sorenson Ventures and UpWest. This new financing round brings the … Read more

Quavo, Inc. Announces $6 Million Series A Funding Round Led By Fintop Capital

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FinTech provider Quavo Fraud & Disputes announced the company completed a Series A financing round led by FINTOP Capital. The Series A completion is a testament to Quavo’s recent and potential growth as the world’s only provider of fully automated, cloud-based fraud and dispute management SaaS offerings for issuers. Quavo’s chargeback management offering for issuing … Read more

Satvacart closes pre-Series A Funding

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Satvacart, an online grocery delivery service, has closed a pre-Series A round of funding led by Kuldeep Puri, Shailendra Kumar, Siddhartha Garg, Madhu Sudana Rao Kalagarla, and Sirinivas Kotta. In the following 18 months, the corporation wants to use the capital to build 100 clusters in Mumbai, Bangalore, and Noida. Satvacart is an online grocery company founded in 2014 by Deepika and Rahul that sells 5000 goods using an inventory-driven business strategy.  The company is now solely active in Gurgaon, where it operates its own computerised dark stores in densely populated regions. Entreprenuer News Network Bureauentrepreneurnewsnetwork.com