Entrepreneur News Network

‘Fightright’ launches fund for HNIs with Rs 100 crore

Kolkata-based legal tech firm Fightright announced the opening of a fund with Rs 100 crore in claims under management. Fightright uses AI and ML-backed analytics to fund commercial litigations. The fund, a special purpose company, will invest over a two to three year period in 15-20 commercial cases with an average ticket value of Rs … Read more

Trucking Marketplace RAAHO Raises Rs.20 Cr In Pre-Series A Funding

Raaho, India’s leading Digital Freight Network, has secured funding worth INR 20 crore in extension to the Pre-Series A round at a valuation of 4X over the last year. The round was led by Inflection Point Ventures (IPV), Roots Ventures, Blume Founders Fund and prominent Angels like Vijay Shekhar Sharma , Kunal Shah, K Krishna … Read more

Biotech Company OmniBRx Raises INR 30 Cr in Series A Funding

Bioprocess engineering firm OmniBRx announces a Series A equity fundraising from SIDBI Venture Capital Limited for 30 crore inr. Commenting on the occasion, Ravindra Patel, founder and CEO of OmniBRx Biotechnologies said “We are thankful to the team at SVCL for believing in our vision and backing us on our expansion plans”. He further added that … Read more

Nokia Unveils its Latest Budget Smartphone – The Nokia C12

HMD Global, the home of Nokia phones, today announces the launch of the Nokia C12 in India. Coming with all the C-series family reassurances, it provides a more efficient smartphone experience, making the promises of durability and security more accessible than ever. It brings elevated performance with Octa Core Processor, 2GB Virtual RAM, streamlined OS, and enhanced imaging with … Read more

University of Melbourne launches Bachelor of Science Dual Degree with major Indian universities

The University of Melbourne partnered with the  three indian institution University of Madras, Savitribai Phule Pune University, and Gandhi Institute of Technology and Management (Hyderabad) for the new Bachelor of Science Dual Degree. Indian students who enrol in the new dual degree will be able to complete their degree at home and abroad, spending the … Read more

EPS named Industry Veteran Ram Rastogi as an Additional Director

Electronic Payment and Services Pvt. Ltd. (EPS), a leading provider of payment technology services in India, has announced the appointment of Mr. Ram Rastogi as an Additional Director in its wholly owned subsidiary, Finiverse Aggregator Pvt. Ltd. Mr. Rastogi, who has over four decades of experience in building payment systems, including IMPS, UPI, and AePS, … Read more

Tummoc Launches Live-Tracking Feature for DTC Buses

Transit application Tummoc announces the launch of live-tracking of DTC buses on its platform. Commuters can now track buses in real-time for better planning of their journey within the city. The application is available for both Android and iOS. Tummoc was launched in New Delhi in May 2022. So far, commuters have been able to … Read more

Genesis and IGL signs JV Agreement to invest Rs 110 cr to set up meter manufacturing plant

Vikas Lifecare Limited is pleased to announce that its subsidiary company Genesis Gas Solutions Pvt. Ltd. (Genesis) enters into Joint Venture Agreement with Indraprastha Gas Limited (IGL) to set up India’s first Integrated Smart Meter Manufacturing Plant with Capital Expenditure of Rs. 1100 millions. IGL and Genesis joined hands to establish India’s first Integrated State-of-the-art Smart … Read more

SimpleViralGames Raises Rs 4 Cr in Pre-Seed Funding

Simple Viral Games, also known as SVG, a platform for ultra-casual mobile gaming, revealed today that it had raised Rs 4 Cr (about $500,000) in a pre-seed round headed by WEH Ventures. Eximius Ventures, PointOne Capital, Force Ventures, and a few angel investors, including Ankit Agrawal (Founder and CEO of InsuranceDekho), Prashant Sachan, also participated … Read more

Conversational AI for Hospitals Voiceoc Raises INR 3 Cr Funding

Voiceoc, a conversational AI solution for hospitals, has raised INR 3 Cr funding from BioAngels, powered by IAN, bringing DeepTech to India’s hospital ecosystem. The round also saw participation from SucSEED Indovation. With this investment, the company will expand its team and is keen to onboard talent in tech, sales and marketing divisions. Voiceoc also intends to … Read more

Premium EV Startup Raptee named Jayapradeep V as CBO

Jayapradeep V has been named the Chief Business Officer of premium electric motorcycle startup Raptee. JP, who has more than 25 years of expertise, has served as Royal Enfield’s business head for the Saarc and India regions for 15 years. JP would concentrate on making Raptee a premium motorcycle in the 2W category while he … Read more

Pearl Global secures receivables financing through the Olea-Vayana partnership

 Pearl Global Industries Limited, a listed global apparel manufacturing company with presence across the globe, has recently secured a receivables financing facility through the Olea and Vayana partnership. The partnership has already gained good traction since its onset in May 2022, and Pearl Global is the latest company to benefit from the hassle-free, competitive, and … Read more

Simplilearn strengthens its leadership named Andrew Wait as Board Member

Simplilearn, the world’s #1 online bootcamp for digital economy skills, today announced the addition of Andrew Wait to the company’s board of members. Andrew’s on-boarding announcement comes on the back of the latest round of fundraising from a consortium led by GSV Ventures, a multi-stage venture capital firm, followed by the company’s acquisition of U.S.-based bootcamp education company, Fullstack Academy. … Read more

EaseMyAI Raises Rs 1.8 Cr in Seed Round

EaseMyAI raised Rs 1.8 Cr in a Seed round led by Inflection Point Ventures (IPV). Started with an aim to develop innovative products with AI adoption, EaseMyAI emphasizes on creating simple, user-friendly products with drag & drop options to empower businesses to customize their solutions. This approach can help make AI more accessible to businesses … Read more

Elevate Now secures pre-seed funding led by W Health Ventures

W Health Ventures, a healthcare focused VC that invests in and grows tech-enabled early-stage healthcare companies, has led a pre-seed funding round in Elevate Now, India’s first medical weight loss company. The funding will help Elevate Now to expand its operations and deliver innovative weight loss solutions to more individuals across India. The company offers … Read more

AI Search Startup SUBTL.AI Raises Angel Funding

Subtl.ai secures angel funding from two modern Indian investors: Vamshi Raju and Mohit Gulati (ITI Growth Opportunities Fund) (Edha Investments, Shreyas Media). They have developed a system that can rapidly respond to any queries from papers, webpages, videos, and knowledge bases by understanding knowledge sources at scale. Built in collaboration with IIIT Hyderabad research, Subtl.ai … Read more

HGS completes acquisition of TekLink International

Hinduja Global Solutions Limited (HGS) , a leading provider of solutions in digital consumer experience (CX), business process management (BPM) and digital media services, today announced it has completed the acquisition of 100% stake in TekLink International, Inc for US$ 58.8 million, subject to earnouts and other customary and agreed adjustments. TekLink International Inc. is … Read more

NFTICALLY Raises $1 Mn in Funding

NFTICALLY, a Web3 ecommerce Martech platform, has raised $1 million in an equity funding round led by Spartan Group and Polygon Ventures. The company will use the funds to expand COMEARTH, the world’s first Gamified Social E-Commerce & Brand Engagement Metaverse ecosystem. Blockchain Founders Capital, Mafatlal family office, and Bollywood producer Subhash Ghai also participated … Read more

Shark Tank India Season 2: Gurugram-based What’s up Wellness Secures 60 Lakhs Funding

Shark Tank India Season 2’s most recent episode saw What’s Up Wellness, a Gurugram-based wellness company that sells delicious gummy supplements, win a whopping 60 lakhs. The firm was highlighted in the episode that aired on February 27, 2023, and it received financing from BoAt’s Aman Gupta, Sugar Cosmetics’ Vineeta Singh, and Shaadi.com’s Anupam Mittal. … Read more

Nail Care Startup O’2 Nails India Raises $150K in Seed Funding

O’2 Nails India, a rapidly expanding nail care start-up in India, has received $ 150K in seed funding from Real Time Angle fund and AIC- BIMTECH. O’2 Nails India will be able to increase its presence in the nation’s expanding nail care market thanks to this strategic funding. O’2 Nails India was founded in 2021 … Read more