Entrepreneur News Network

Mondelēz International launches global start up program ‘CoLab’ in India

Mondelez International announced the opening of CoLab, its worldwide startup accelerator programme, in India. According to Mondelez, the programme aims to support the nation’s expanding entrepreneurial community, promote growth and innovation, and take the lead in the snacking sector. CoLab and Huddle will work together to develop a platform that will draw in relevant snacking … Read more

Manipal Institute of Technology signs MoUs with International Universities; Technical Institutes and Corporates

Manipal Institute of Technology, has today announced their partnerships with Universiti Malaysia Pahang (UMP) in Malaysia, National Agriculture and Food Research Organization (NARO) in Japan, and Institute of Defence Scientists and Technologists (IDST) and Elcom Innovation. The MoUs are aimed to encourage skilled based learning as well as create a robust platform for international knowledge … Read more

Blingg, a D2C discovery platform, raises $100K from Decentralised Venture Capital and others

DVC (Decentralized VC), a group of specialised syndicates that invest in businesses from pre-Seed through pre-IPO, led a pre-seed investment round for Blingg, a D2C discovery platform, in which $100,000 was raised. Together with other angel investors, the round included 3PM Ventures founder Pavan Kumar. Blingg, which Sanil Jain founded in 2021, asserts to have … Read more

Semiconductor startup Mindgrove raises $2.35M in seed funding

A seed fundraising round led by Sequoia Capital India, Speciale Invest, and Whiteboard Capital raised $3.35 million for the semiconductor business Mindgrove technology, which was incubated at IIT Madras. Ashwini Asokan (Mad Street Den) and Nischay Goel, two individual investors, also took part in the round (Duro Capital). The deeptech business plans to add personnel … Read more

Software startup Chronicle raises $7.5 million in seed funding

Chronicle, a firm that makes presentation software, has raised $7.5 million in a preliminary fundraising round that was jointly led by Accel Partners and Square Peg. Moreover, angel investors from Apple, Google, Meta, Slack, Stripe, Superhuman, OnDeck, and Adobe took part in the round. The business stated that it intended to use the funds obtained … Read more

“EVs will become mainstream in India” says Shashank Srivastava

“EVs will become mainstream but when they will become that is unpredictable. Cost of the acquisition is one of the important factors impeding EV adoption in India, Maruti Suzuki India Limited Senior Executive Officer (Marketing & Sales), Shashank Srivastava said here today. Speaking at the second edition of ABP’s Ideas of India Summit, he said, “If … Read more

Fullerton India Reports Rs. 551 Crore Profit in Third Quarter of FY23

Fullerton India Credit Company Limited, one of the leading NBFCs in the country, reported a profit of Rs 551 crores for the third quarter of FY23. Total Disbursals stood at Rs 19,500 crores, a jump of 41% companies to the corresponding quarter last year. The growth story has been inked under the leadership of Mr … Read more

CoinDCX elevates Vivek Gupta as the CTO

Vivek Gupta, formerly the business’s EVP and Head of Engineering, has been promoted to the position of Chief Technical Officer, according to CoinDCX, India’s largest and most valuable cryptocurrency company (CTO). As the CTO, Vivek will be the company’s technological advocate and play a key role in creating and developing for the business and ecosystem … Read more

DataMesh Group raises $30 million in Series A oversubscribed funding round

DataMesh Group, a full-suite developer of interoperable, proprietary payments-processing, has secured $30m in an oversubscribed Series A funding round to execute on large scale domestic opportunities as well as expanding its footprint in the high growth payments processing industry. The round was led by return investor NAB Ventures and featured significant first time capital from Deutsche … Read more

Infosys Collaborates with Microsoft to Accelerate Industry Adoption of Cloud

Infosys, a global leader in next-generation digital services and consulting, today announced that it will expand its collaboration with Microsoft, to help accelerate enterprise cloud transformation journeys worldwide. According to the Infosys Cloud Radar, enterprises can add up to $414 billion in net new profits, annually, through effective cloud adoption. The report also calculated that adopting cloud improved … Read more

Vodafone Germany, Tech Mahindra expand partnership to Seamless Customer Experience

Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, today announced that it has expanded its partnership with Vodafone Germany towards the transformation of its sales and customer experience processes. As a part of this multi-year engagement, Comviva, a Tech Mahindra company, will deliver a unified sales solution across mobile, fixed, cable and … Read more

Sonata Software signs definitive agreement with Quant Systems Inc.

Sonata Software, a leading Modernization and Digital Engineering company, has announced that Sonata Software North America Inc., (SSNA), a wholly owned subsidiary of Sonata Software Limited (SSL), has signed a definitive agreement with the Shareholders of Quant Systems INC., a Texas (USA) based IT Solutions and Software company, to acquire 100% stake. This acquisition is … Read more

Financepeer becomes LEO1; unveils new brand identity and logo

Edu-fintech startup, Financepeer has unveiled its new brand identity “LEO1”. The new identity reflects the company’s transformation from a Fee Financer to an Education enabler. “This transformation to ‘LEO1’ with a distinctive visual brand identity is a step towards becoming a stronger, pioneering, and more independent entity marking a pan-India presence. Through the rebranding, the … Read more

Geospatial Intelligence Startup Intents Mobi Raises Rs 1.5 CR

Intents Mobi, a Gurgaon based geospatial intelligence startup today announced that it has raised Rs 1.5 CR. The funding was raised on “The Barbershop with Shantanu”, a podcast show helmed by Shantanu Deshpande, Founder – The Bombay Shaving Company. The round saw participation from prominent executives from various organizations. Founded by Tabrez Alam, Naresh Kumar … Read more

Data Analytics Startup Blockfenders Raises $1.5 Mn in Pre-seed Funding

Blockfenders, a data analytics startup, today announced a $1.5 million pre-seed investment round from a variety of institutional and entrepreneurial investors to address this deadlock and help businesses achieve their objectives. Headquartered in Palo Alto, Blockfenders was co-founded in 2022 by friends of 20 years Viraj Phanse and Niranjan Ingale with the aim of making … Read more

On-Demand Workforce Platform Avenue Growth Raises New Round of Funding

On-demand workforce platform Avenue Growth has just secured a fresh round of funding from India Accelerator, the country’s sole seed accelerator programme and member of the Global Accelerator Network. Other well-known businesses, such as Growth Opportunities Fund, IAES Ventures LLP, and the Ministry of Electronics and Information Technology, participated in the financing round as well … Read more

Edology Partners with EDGE Metaversity to Introduce an Online Metaverse Game Design Certification

Edology, an online education provider, has established a strategic alliance with EDGE Metaversity, one of the Unreal Authorised Training Institutes in India, to offer a 9-months Online Metaverse Game Design Certification, an innovative online certification programme for budding game designers. The Metaverse Game Design Certification is intended for people who enjoy gaming and want to create metaverse … Read more

NETGEAR Announces Strategic Partnership with CRESTRON

NETGEAR, the leading provider of networking products that power businesses both large and small, forms a strategic partnership with Crestron Electronics, Inc to support streamlined AV installations. As a part of the association, 4 models of the versatile NETGEAR M4250 AV Line Series switches would now be available directly through Crestron. A dominant player in the growing transition to AV-over-IP, … Read more

With the ‘Hydra 10’ – a compact, wireless RGB keyboard, Portronics announces its entry into the gaming industry

Unleash those true gaming skills within you with a gaming keyboard that helps you take complete control over your game. India’s leading player, and provider of Innovative, Digital, and Portable gadgets, Portronics announces its debut in the gaming industry with its first Wireless RGB Gaming Keyboard ‘Hydra 10’. The keyboard has a premium build with … Read more

Telangana to Play Pivotal Role in India’s E-Mobility Transition

Telangana is committed to providing an impetus to EV adoption and aims to play a pivotal role in India’s transition to electric mobility, said, Shri KT Rama Rao, Minister for IT E&C, MA&UD and Industries & Commerce, Government of Telangana. “We strongly believe India is well equipped to develop as a hub for manufacturing of electric … Read more