Entrepreneur News Network

DIAL and SIRONA Partner to Install India’s First Feminine Hygiene Vending Machines at Airports

Delhi International Airport Limited (DIAL), a subsidiary of GMR Airport Infrastructure Limited, has partnered with Sirona, India’s leading FEMTECH brand, to launch a ground breaking initiative aimed at enhancing women’s hygiene accessibility at Delhi Airport. This initiative further solidifies Delhi Airport’s position as a leader in championing women’s health and comfort during travel. As a … Read more

Tech Mahindra Named Atul Soneja as Chief Operating Officer

Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, today announced the appointment of Atul Soneja as the Chief Operating Officer (COO) effective 7th August, 2023. With over 28 years of experience as a technology executive, Atul is a proven leader known for deep strategic expertise, building a culture … Read more

Meesho Becomes Profitable Joins Elite Club of India Startups

Indian e-commerce startup Meesho has posted its first-ever profit, a major milestone for the company as it plans to go public in the next 12-18 months. Meesho, which competes with Amazon and Walmart’s Flipkart in India’s fast-growing e-commerce market, targets smaller towns and cities with unbranded products like clothes and cosmetics. It was last valued … Read more

Temasek Invests Up to $9.8 Billion in Mahindra’s EV Subsidiary, Valuing It at Rs. 80,580 Crore

Mahindra & Mahindra Ltd., a prominent player in the automotive, farm, and services sectors, has reached a binding agreement with Temasek, the global investment firm headquartered in Singapore. The agreement entails Temasek’s investment of Rs. 1200 crores into MEAL (Mahindra Electric Automobile Limited), a company focused on producing four-wheeler (4W) passenger electric vehicles. This investment … Read more

Qualcomm Named Savi Soin as President of Qualcomm India

Qualcomm Incorporated has officially appointed Savi Soin as the new Senior Vice President and President of Qualcomm India. This appointment comes into effect immediately, and he will be reporting directly to Jim Cathey, the Chief Commercial Officer of Qualcomm Technologies, Inc. (QCT). In his new role as President of Qualcomm India, Soin will take charge … Read more

Xpressbees May Raise $100 Mn from Canada’s Ontario Teachers’ Pension Plan, At $1.4 Bn Valuation

Pune-based e-commerce logistics company, Xpressbees, may get $100 million as an investment by Canada’s Ontario Teachers’ Pension Plan Board, one of the largest pension plans in the world, said a recent report by Economic Times. Citing people privy to the matter, the ET report further said that Ontario Teachers’ Pension board may buy a stake … Read more

Matrix Partners India Leads $4M Funding Round for Blockchain Supply Chain Platform Emtech

Investment firm Matrix Partners India has led a $4 million seed funding round for New York-based Emtech, a fintech company focused on modernizing central banks for financial inclusion and resilience. Other investors in this round include BTN, VestedWorld, Equity Alliance, and Lofty. Emtech will use the newly acquired funds to further develop its infrastructure tools … Read more

Anant Maheshwari Named Honeywell High Growth Region President And CEO

Anant Maheshwari

Honeywell announced today that Anant Maheshwari has been named President and CEO of Honeywell’s High Growth Region portfolio, effective September 4, 2023. He will succeed Ben Driggs, who will be taking another leadership role in the company. Maheshwari will be a Corporate Officer of the Company, reporting directly to Honeywell CEO Vimal Kapur and will … Read more

Remote Heart Monitoring Platform Monitra Healthcare Raises USD 500K to Expand Reach

Monitra Healthcare, India’s first 24×7 extended remote cardiac monitoring diagnostic platform has closed its Pre-Series A funding, led by 91Ventures and Lavni Ventures. Monitra Healthcare raised USD 500K in equity funding led by 91Ventures (syndicate fund led by Pranay Gupta) and Lavni Ventures (Social impact VC fund). The round also saw participation from ACG World … Read more

Anupam Mittal’s DreamDeal Returns to Help Emerging Entrepreneurs Turn Their Visions into Reality

After its success last year, entrepreneur and angel investor – well-known as the founder of Shaadi.com – Anupam Mittal has announced the return of the unique social-media-driven DreamDeal initiative to not only ignite an entrepreneurial spirit amongst the Indian youth and the less privileged sections of society but also give further impetus to it. Through the second iteration of … Read more

Pristyn Care Adds 600 New Employees to Fuel Expansion Plans

Pristyn Care, the leading healthcare provider, is delighted to announce significant employee expansion in the last quarter. The company has strengthened its workforce by welcoming 600 talented individuals on board. To fuel its expansion, Pristyn Care has strategically hired 500 care coordinators, strengthening its operations and driving business growth. Additionally, the company has brought on … Read more

TECNO to Unveil Next-Gen POVA 5 Series at World of TECNOlogy Event

TECNO as a brand has always delivered in line with its vision of being at the forefront of technology and innovation. In further alignment with this vision, the brand is all set to present the first season of its key annual property, World of TECNOlogy. The 3-day event is aimed at showcasing the best-in-class technology … Read more

Ascension Acquires Nitor Infotech to Accelerate Growth in Software Product Engineering and AI

Ascendion, a leading provider of software engineering services, announces today the acquisition of Nitor Infotech, a software product engineering company that leverages disruptive technologies like Generative AI to build new products for clients. The acquisition is a step in Ascendion’s growth strategy to enhance competencies, expand into new markets, and offer a broader range of … Read more

Space-Saving Furniture Brand Wallter Systems Secures Seed Funding Led by Inflection Point Ventures

In response to the increasing challenges posed by urbanization and population growth, innovative space-saving furniture brand ‘Wallter Systems’ has successfully secured an undisclosed amount in a seed funding round, with the prominent backing of Inflection Point Ventures. The fresh infusion of funds is earmarked for bolstering Wallter Systems’ brand presence and expanding its operations. Wallter … Read more

Moneyboxx Crosses INR 400 Crore AUM, Sets Sights on INR 800 Crore and 100 Branches by March 2024

Moneyboxx Finance Limited (Moneyboxx), a BSE-listed NBFC, which drives financial inclusion by providing business loans to micro entrepreneurs in Tier-III towns & below places, crossed milestones of INR 400 crores AUM#in July 2023. The Company added 11 branches in the current financial year so far, expanding its branch network to 72 branches across six states as of 31st July 2023. With the addition of 4 new lenders in … Read more

Sony ZV-E1 Full-Frame Vlogging Camera: The Ultimate Content Creation Tool for Vloggers and Creators

Sony announced today the new ZV-E1, an interchangeable-lens vlog camera with a high-performance 35mm full-frame image sensor for the ultimate content creation experience. Positioned at the top of Sony’s Vlog camera line-up, it boasts Sony’s E-mount 1 , advanced technology, cinematic imagery with rich gradation performance, low noise, and high sensitivity. The world’s most compact, … Read more

BenQ announces ZOWIE EC-CW wireless mouse for Esports

BenQ India, a leading consumer electronics firm, announces the launch of the ZOWIE EC-CW series which is the new wireless mice range for Esports enthusiasts. The brand has encountered high demand from the Esports community who have been eagerly waiting for a wireless mouse. ZOWIE is the preferred brand for wired mice by Esports athletes … Read more

Simplilearn and E&ICT Academy IIT Guwahati Launch Joint Program to Help Professionals Master Cloud Computing and DevOps

Simplilearn, a leading global provider of digital skills training, has joined forces with E&ICT Academy, IIT Guwahati, to launch an exclusive Professional Certificate Program in Cloud Computing and DevOps. This strategic collaboration aims to meet the rising demand for new-age digital skills within the Indian market. By offering a comprehensive curriculum and hands-on experience through real-world Capstone projects, this … Read more

LightForce Orthodontics Secures $80 Million Series D Funding

LightForce Orthodontics, makers of the world’s first fully personalized 3D printed braces system, today announced it raised an $80 million Series D round led by Ally Bridge Group. Transformation Capital, and CareCapital. Omega Venture Partners, Matter Venture Partners, and the American Association of Orthodontics also participated in the round, as did existing LightForce investors, including Kleiner Perkins, Tyche Partners, and Matrix Partners. With the funding, LightForce will … Read more

Inworld AI Raises $500 Million in Funding to Accelerate Development of AI-Powered Virtual Characters

Inworld AI, the renowned Character Engine for games and interactive experiences, has successfully secured new funding from Lightspeed Venture Partners, propelling the company’s valuation to over $500 million. The funding round also saw participation from prestigious investors such as Stanford University, Samsung Next, Microsoft’s M12 fund, First Spark Ventures co-founded by Eric Schmidt, and LG … Read more