Entrepreneur News Network

Unicommerce’s Revenue Growth Surpasses 50% in FY2023

Unicommerce, India’s leading e-commerce enablement SaaS platform, has demonstrated remarkable performance with around 50% revenue growth in FY 2023. The company has been consistently performing and expanding its presence in India and international geographies of the Middle East and Southeast Asia. The company has been consistently growing its revenue, according to its last RoC filing, … Read more

Blitz Raises $3 Mn in Seed Funding

Blitz (previously known as Grow Simplee), a same-day delivery startup catering to omnichannel sellers, has successfully raised $3 million in a seed funding round from investors such as India Quotient, Better Capital, First Cheque, and Titan Capital. Notably, this funding round also saw participation from prominent angel investors including Farid Ahsan, Abhinav Jain, Rahul Dash, … Read more

Offsite Raises $3 Million To Reconnect Remote and Hybrid Companies

Offsite, the marketplace and tech-enabled services provider saving time, money, and stress for remote and hybrid companies planning team retreats, today announced it has raised $3 million to help create more connected workforces through in-person experiences. Since launching in 2021, Offsite has planned hundreds of team retreats in over 15 countries for clients ranging from hospitals to … Read more

B2B Analytics SaaS Startup Factors.ai raises $3.6 Mn in Funding

Bengaluru-based B2B analytics software startup Factors.ai has successfully raised $3.6 million in a pre-Series A funding round. The funding was led by Stellaris Venture Partners, with participation from Elevation Capital, Emergent Ventures, and notable angel investors such as Kris Rudeegraap of Sendoso, Sreedhar Peddineni of GTM Buddy, and Khadim Batti of Whatfix. The recently secured … Read more

Honeywell Bolsters Cybersecurity Software Portfolio with ScadaFence Acquisition

Honeywell (Nasdaq: HON) today announced it has agreed to acquire SCADAfence, a leading provider of operational technology (OT) and Internet of Things (IoT) cybersecurity solutions for monitoring large-scale networks. SCADAfence brings proven capabilities in asset discovery, threat detection and security governance which are key to industrial and buildings management cybersecurity programs. The OT cybersecurity industry … Read more

Investment Opportunities worth more than ₹10 lakh crores in India’s maritime sector identified: Union Minister Sarbananda Sonowal

The Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal launched the curtain raiser of Global Maritime India Summit (GIMS), 2023 here today. The event is aimed at unlocking potential for new investment opportunities along with collaborations for knowledge and technology to enhance cooperation in trade and promote Ease of Doing Business (EODB). … Read more

Simplilearn Strengthens Leadership with Three Senior Appointments in India and the US

Simplilearn, the top online bootcamp for digital skills training worldwide, has taken a big step forward today by bringing in three accomplished senior leaders for important roles. Priyam Sachan is now the Vice President – Marketing in India, Kevin Adams takes on the role of Vice President – Commercial Sales in America, and Todd Schuster … Read more

The Rise of La Pinoz Pizza: A Homegrown Success Story

In the vibrant city of Chandigarh, a local pizza brand called La Pinoz Pizza emerged. Despite its name and appearance suggesting otherwise, this brand had its origins right in the heart of the city. It all began in January 2011, when La Pinoz Pizza opened its doors in Sector-9, Chandigarh. This small establishment, known as … Read more

Suniel Shetty, Bollywood Actor, Invests in Gurugram-based Startup Regrip

Popular Bollywood actor Suniel Shetty has recently made an investment in Regrip, a startup based in Gurugram that focuses on recycling and re-engineering old/used tires. During an announcement event, Shetty expressed his excitement about joining Regrip and highlighted the importance of recycling and reducing waste to create a greener future. Suniel Shetty has been actively … Read more

Styched Acquires Flatheads to Boost Footwear Portfolio

Online youth fashion brand Styched has acquired Flatheads, a direct-to-customer (D2C) online casual sneaker startup that gained fame on Shark Tank India season 2. The all-equity transaction marks Styched’s foray into the footwear segment. Founded in 2018 by Ganesh Balakrishnan and Utkarsh Biradar, Flatheads is a Bengaluru-based brand that designs all-day-wear casual sneakers for the … Read more

Okinawa Autotech Launches Advanced Version of Flagship Model ‘OKHI-90’ with Upgraded Features

Okinawa Autotech, India’s top electric two-wheeler manufacturer, has introduced the all-new and advanced version of its flagship model, the ‘OKHI-90’. This upgraded model complies with AIS-156 Amendment 3 regulations and features a state-of-the-art battery pack, next-gen motor, and enhanced technology. In line with Okinawa Autotech’s strategic collaboration with JV partner Tacita (Italy), the company is … Read more

Angel One named Deepak Chandani as Chief Data Officer

Angel One Ltd. (formerly Angel Broking Ltd.) has reinforced its leadership team with the appointment of Deepak Chandani as Chief Data Officer. This strategic move signifies the Fintech company’s commitment to leveraging data and technology to make a positive impact on a billion lives. As the Chief Data Officer, Deepak will oversee the data and … Read more

India’s 1st Women Nourishment Brand Nutrizoe Raises INR 3 Cr In Bridge Round

Nutrizoe, a women’s nourishment brand, has raised INR 3 crore in a bridge round led by Inflection Point Ventures. The funds will be used to expand and enhance Nutrizoe’s Lactobite portfolio following the completion of clinical trials. The focus will be on further developing the product line to cater to a wider range of needs … Read more

Open Banking Software App OneStack Secures $2 Mn Funding

OneStack, a prominent technology company dedicated to empowering cooperative banks and credit societies in India, has successfully raised $2 million in its latest funding round. This substantial investment will fuel the company’s growth, facilitate team expansion, drive innovation, and establish nationwide offices, propelling it to unparalleled success. With the infusion of this new funding, OneStack … Read more

Neuron Energy Secures INR 200 Mn Funding

Neuron Energy, a leading EV smart battery manufacturer, has successfully raised INR 200 million in their Pre-Series A Round. Equanimity Investments and the Rajiv Dadlani Group led the investment, with participation from Chona Family Office (Havmor Group) and Kayenne Ventures, along with reputed Family Offices and HNI investors. This funding milestone signifies the growth of … Read more

Pearson Named Siddharth Parnerkar As International Sales Director For Workforce Skills In India  

Pearson, the world’s leading learning company, today announced the appointment of Siddharth Parnerkar as the new International Sales Director to lead the Workforce Skills Vocational Qualifications business across Europe (Outside UK), India Hub, MENAT, Greater China and APAC regions. With this appointment, Pearson has strengthened its leadership team in India, to significantly grow the Workforce Skills … Read more

Wakefit.co named Yash Dayal as new Chief Technology Officer

Wakefit.co, India’s leading home and sleep solutions company, announced the appointment of Yash Dayal as the new Chief Technology Officer of the company. This move comes as the company continues to strengthen its leadership team to drive business growth and accelerate its momentum. In his current role, Yash will spearhead all technology initiatives, with a … Read more

PwC India and Zoho Form Strategic Alliance to Drive Digital Transformation

Chennai-headquartered global technology company, Zoho announced a strategic partnership with PwC India. This alliance brings together Zoho’s product portfolio of over 55 products with PwC’s proven expertise in driving digital transformation strategy through advisory and consulting services. Through this partnership, PwC India and Zoho will help medium to large enterprises in the country, accelerate their … Read more

Fortum Charge & Drive India Rebrands as GLIDA, Aims to Accelerate India’s EV Transition

Fortum Charge & Drive India, a leading charge point operator in India, unveiled its new brand identity – ‘GLIDA’, signifying its unwavering commitment to delivering seamless and reliable electric mobility experiences for its valued customers. With a renewed vision and a strengthened commitment to sustainable mobility, GLIDA is poised to shape the future of e-mobility … Read more

Dr. Reddy’s Chooses AWS to Accelerate Digital Transformation

Amazon Web Services (AWS), an Amazon.com company, today announced that Dr. Reddy’s Laboratories Limited (Dr. Reddy’s), an Indian multinational pharmaceutical company based in Hyderabad, has selected AWS as its preferred cloud provider to help provide access to affordable and innovative medicines. As part of the collaboration, the company has migrated it’s SAP platform entirely on … Read more