Entreprenuer News Network Bureau 
Dista, a deeptech business based in Pune and Delaware (US), has raised $1.2 million in funding. Pentathlon Ventures led the seed fundraising round, which included Core 91 and other individual investors. Nishant Kumar (Co-founder & Chief Product Officer), Shishir Gokhale (Co-founder & CEO), and Deepak Garg (Co-founder & CTO) co-founded Dista, which was incubated in … Read more
Pre-owned vehicle ecommerce platform Cars24 has raised $400 million in finance, which includes a $300 million Series G equity round and a $100 million debt round from a variety of financial institutions. Return investor Alpha Wave Global (previously known as Falcon Edge Capital) led the Series G equity financing, which included participation from other existing … Read more
Razorpay, a fintech company founded by Lone Pine Capital, Alkeon Capital, and TCV, has secured $375 million in a Series F round led by Lone Pine Capital, Alkeon Capital, and TCV, and plans to extend its B2B payments business to Malaysia, Vietnam, Indonesia, and the Philippines by next year. Existing investors such as Tiger Global, … Read more
Bizongo, a B2B ecommerce firm for businesses, has raised $110 million in a Series D round led by Tiger Global, valuing the company at $600 million. CDC, IFC EAF, BCap, Chiratae Ventures, Schroder Adveq, IFC, and Add Ventures by SCG were among the investors in this round of fundraising. The firm, which was founded in … Read more
FRND, a Bengaluru-based audio romance and friend finding firm, has raised $6.5 million in a Series A round headed by KRAFTON, Inc., the producers of the massively popular battle royale game BATTLEGROUNDS MOBILE INDIA (BGMI). India Quotient and Elevation Capital, who had previously invested in the company, also participated in this Series A round. Bhanu … Read more
Global online trading brand Swiss Crypto Bank has officially announced an interesting collaboration with veteran and trusted trading platform MetaTrader 4. According to Swiss Crypto Bank’s spokesperson, Anthony Barone, this is the optimal solution for today’s trading environment, and more importantly, for tomorrow’s one as well. “We see that thousands worldwide are already showing interest in our … Read more
Harvard Business School Online is announcing a new certificate course taught by Srikant Datar, Dean of Harvard Business School, called Design Thinking and Innovation. The course will help leaders be more inventive and creative in their approach to strategic initiatives and problem-solving. Datar, the George F. Baker Professor of Administration, has held many leadership roles at Harvard Business … Read more
Liberty General Insurance, one of the fastest growing General Insurance companies in India today entered into a partnership with CSC e-Governance Services India under the Ministry of Electronics and Information Technology (MeitY), Government of India. Through this agreement Liberty will further strengthen its presence in rural areas across India by selling its insurance products through the CSC network. Initially, the company … Read more
Pi Green Innovations, a cleantech company committed to creating sustainable solutions for a greener future has announced that it has secured over $4.5 million in Series A funding. The round was led by the Investment Fund of Opus Consulting with a total of $4.3 million. The round also saw participation from some strategic investors. Previously, Mr. Harshal Morde, Director … Read more
MoEVing, India’s leading e-mobility technology platform, today announced its total seed funding of USD 5 million, including USD 1 million raised earlier this year, from accomplished entrepreneurs, private equity and investment banking professionals and automotive industry experts. The investors in the latest round include D.S. Brar, Promoter-Chairman, Aragen Life Sciences; Anshuman Maheshwary, COO, IIFL Wealth and Asset Management; Dr. … Read more
Lenskart, a leading omni-channel eyewear retailer with a strong presence in Singapore, today unveiled its plans to expand its network of physical stores across Southeast Asia to 75+ by next year. Lenskart will also set foot into new markets- Indonesia and Vietnam by March 2022. The expansions follow on the back of the company’s recent expansion in Singapore with the opening of Lenskart’s 20th store … Read more
Atomberg Technology, a consumer product company, has raised $20 million in growth funding from Jungle Ventures and Inflexor Ventures. Existing investors such as A91 Partners and notable angel investor Ramakant Sharma, Co-founder of Livspace, also participated in the round. Atomberg, founded in 2012 by Manoj and Sibabrata Das, invented the ‘Brushless DC Motor’ (BLDC) technology … Read more
Bureau, a frictionless identity verification and fraud protection platform, announced on Thursday that it has raised $12 million in a Series A round led by Quona Capital and Commerce Ventures, with participation from Okta Identity and strategic angels Mark Britto, EVP Chief Product Officer at Paypal, and Bobby Mehta, Retd. President and CEO of TransUnion. … Read more
Acceldata, the world’s first data observability platform, today announced the appointment of Gajanana Hegde as Vice President & Head of Global Engineering. In this role, Gajanana will lead and oversee Acceldata’s global research and development teams while actively contributing to its growth journey across international markets. To this new role at Acceldata, Gajanana adds more … Read more
Haus & Kinder, a direct-to-consumer business, has raised Rs10 crore ($1.3 million) in a Pre-Series investment led by angel investor Shaival Desai. Early next year, the company plans to raise another $5 million (about Rs 35 crore) in a Series A fundraising round. Haus & Kinder plans to utilise the funds to expand its brand … Read more
Enmovil Solutions, a logistics technology firm based in Hyderabad, has raised Rs 10 crore in Pre-Series A funding backed by Anicut Angel Fund. In addition to KCT Group, Blackbird Investments, and RB Investments, the company saw participation in this round from KCT Group, Blackbird Investments, and RB Investments. Enmovil is an OEM-centric multi-modal logistics technology … Read more
