Entreprenuer News Network Bureau 
CMS IT Services announced today that its Board of Directors has named Sanjeev Singh as Chief Executive Officer & Managing Director of the company effective 16 January 2023. Commenting on the appointment of Sanjeev Singh, Mr. Mathew Cyriac, Chairman of the Board said, “We are excited to welcome Sanjeev as the CEO & MD of … Read more
40% of India’s population is in the age bracket of 18 or below. The country needs to spend a great deal on education. However, the country spends only 3% of its GDP on the education sector. Since about 1968, the education sector has expressed its need for an increase of budget to at least 6% … Read more
NTT Ltd., a leading global IT infrastructure and services company, one of the world’s top 3 data center service providers is committed to making the data center space green, and its latest initiative towards the cause is its breakthrough deployments of Liquid Immersion Cooling (LIC) and Direct Contact Liquid Cooling (DCLC) technologies. The company recently … Read more
Pegasus Tech Ventures, a global venture capital firm that is headquartered in the Silicon Valley and dedicated to supporting corporate innovation, has established a $100 million corporate venture capital fund with Denka Company Limited, a major Japanese chemicals, materials science, and life science company. The new fund marks the entry of the 107 year-old chemical … Read more
NFT Oasis announced that they have selected Vatom as their strategic partner in building the future of their Metaverse-as-a-Service (“MAAS”) ecosystem. This move marks a major milestone in the Web3 industry, combining the strengths of NFT Oasis, a leading publisher of immersive Metaverse experiences, and Vatom, which operates the world’s first enterprise-ready Web3 SaaS platform. Vatom … Read more
Suppli, the digital accounts receivable platform that enables construction suppliers to turn their credit department into a competitive advantage, today announced it has raised $3.1 million in seed funding. Equal Ventures led the round, with additional participation from Audacious Ventures, Dash Fund, Chase Gilbert (CEO of Built Technologies) and Ali Javid (CEO of Wrapbook). While over $500 billion of construction materials are sold … Read more
In a first-of-its-kind partnership, digital-first retailer Pratech Brands has invested in ‘Inaari’, a brand focused on women’s health. An estimated one in five (20%) Indian women suffer from Hormonal Imbalance, if not monitored timely, the condition can have serious health impacts. Inaari focuses on helping women understand their hormonal cycle and encourages them to live … Read more
Studio Sirah, a next-gen game studio that builds unique Indian-themed games, announced today that it raised $2.6 million in a Pre-series A round led by Kalaari Capital (an early-stage, technology-focused VC firm), and its seed investor, Lumikai (India’s pioneering gaming, and interactive media focused VC fund). The company plans to utilise the funds to globally … Read more
Tally Solutions, a pioneer in the software products industry delivering business management software for small and medium businesses (SMBs) for over three decades, announced the plans to ramp up their talent base across portfolios and levels. The company is revamping its talent strategy to meet the extensive product and business roadmap with an overall plan … Read more
Simpl, India’s foremost 1-tap checkout network, today announced the appointment of Ashwini Ravindranath as Vice President of the Partner Success team. Ashwini will lead the team to build strong relationships with Simpl’s merchant network and own the P&L of the Pay Later business of the organisation. With this strategic hire, Simpl aims to help its … Read more
Okinawa Autotech, a leading Indian electric two-wheeler manufacturer in strategic development today announced the inauguration of its first Research and Development (R&D) Center in Italy, Europe, in association with its joint venture (JV) partner Tacita®️ with a total investment of Euros 25 million over a period of next three years. The new Center of Technology will … Read more
Abhinav Upadhyay has been named chief marketing officer of CollegeDekho, India’s ecosystem for higher education services. In addition to creating the company’s next chapter of growth through innovations and transformative efforts across its whole spectrum of products and services, Abhinav will lead all facets of brand and product marketing. Abhinav has almost two decades of … Read more
BharatPe, India’s leading fintech company, today announced three key appointments in line with its commitment towards building an organization with high levels of corporate governance, compliance and data security. The company announced the appointment of Ambuj Bhalla as its Chief Information Security Officer (CISO). A respected name in the information security and cyber security domain, Ambuj … Read more
Early-stage technology fund, Silverneedle Ventures announces its investment in a Chennai and Mumbai-headquartered, Enterprise skilling platform, Disprz, that helps global companies right-skill their workforce with an AI-powered learning and skilling suite. The startup has raised an undisclosed sum in a bridge round between Series B & Series C rounds from Silverneedle Ventures & other current … Read more
According to an internal e-mail sent on Friday by Sriharsha Majety, Swiggy’s chief executive and co-founder, the food and grocery delivery service has let go more than 300 of its 6,000 employees as part of a “restructuring exercise.” “As part of a reorganisation effort, we’ve made the extremely tough choice to reduce the size of … Read more
SphereOne, a crypto payment platform that allows users to make purchases with any cryptocurrency, across any blockchain, today announced that they’ve closed a $2.5M seed round led by Distributed Global and participation by Newark Venture Partners, Zero Knowledge, as well as angel investors Leore Avidar of Alt.xyz and Lob.com and Eric Feldman of Bolt.com. The SphereOne platform prioritizes immediacy in transactions and features include a 1-click … Read more
Architect Financial Technologies Inc. today announced the closing of a $5M pre-product financing round to develop adaptable infrastructure products that enable institutions to trade across centralized and decentralized digital asset markets. Participants in the round include Circle Ventures, Coinbase Ventures, SV Angel, SALT Fund, P2P, Third Kind Venture Capital, and Motivate Venture Capital, along with … Read more
With pent up demand for travel after years of restrictions, international travel options are gaining in popularity. The U.S. dollar is strong, making international travel especially attractive, and according to a recent survey by MMGY Travel Intelligence, a quarter of Americans with travel plans within the next six months are expecting to travel internationally, the highest … Read more
The Board of Directors of Innovative Rocket Technologies Inc. (iRocket) has appointed Blake Larson as a director. Blake Larson joins the Board following a distinguished 40-year career with Orbital ATK and Northrop Grumman. Blake recently retired from Northrop Grumman as the Corporate Vice President and the President of its Space Sector. Northrop Grumman is a space … Read more
WardWizard, one of the leading manufacturer of the electric two-wheeler brand ‘Joy e-bike’, today announced the commencement of online bookings for its new high-speed electric scooter MIHOS from January 22, 2023. Adding to the consumer’s delight, customers can book MIHOS Free of Cost from the company’s website www.joyebike.com/mihos/ as well as from the 600+ authorised showrooms across the country. The deliveries of … Read more
