Entreprenuer News Network Bureau 
To commemorate National Startup Day 2023, a unique app was launched by India’s leading non-profit, Bharatiya Yuva Shakti Trust. An Android-iOS mobile application, the platform aims to bring grassroots entrepreneurs from across India together on a single platform. Entrepreneurs who were extended a loan and mentored, as well as those who had been counselled only, … Read more
SUN Mobility, a leading provider of energy infrastructure and services for electric vehicles (EVs), has announced that it has recently signed a strategic agreement with the Pilipinas Shell Petroleum Corporation. The partnership will explore the pilot deployment of SUN Mobility’s advanced battery-swapping technology in the Philippines for 2 and 3-wheel electric vehicles. The partnership supports … Read more
Meghmani Finechem Limited (MFL), India’s leading integrated chemical manufacturer, today announced its financial results for the quarter and nine-months ended December 31st, 2022. The company delivered a strong operating and financial performance. The chemical major posted a 27% jump in its revenue for Q3FY23 to ₹ 538 Cr as compared to Q3 of FY22. Commenting on the results Maulik … Read more
SocialBoat, a women’s health app, has announced raising an angel round of US$ 200K from Plan B Capital. Other angel investors who have committed to the venture include Abhijit Kane (Co-founder, Postman), Videt Jaiswal (Co-founder, Airblack), Bhuvan Gupta (Co-founder, OfBusiness) and Prateek Sharma (Managing Partner, AheadVC), Neeraj Gupta (Angel Investor) among others. The funds will … Read more
Infogain, a Silicon Valley-headquartered company specialises in human-centered digital platform and software engineering services, today announced the appointment of Tyson Hartman as the company’s new Chief Technology Officer. Hartman is based in Seattle and will report to Ayan Mukerji, Infogain Chief Executive Officer. As CTO, Hartman will drive Infogain’s technology vision and strategy, including leading … Read more
LOTTE Confectionary has announced to invest INR 450 crores in Havmor Ice Cream, with an aim to expand its manufacturing prowess. This investment comes four years after LOTTE acquired Havmor Ice Cream for INR1000 crores in December 2017. Havmor Ice Cream is all set to ramp-up its capacity and cater to the growing demand in the … Read more
Delhivery, India’s largest fully integrated logistics provider, has announced the launch of the Delhivery Training and Recruitment Program, an initiative to empower young jobseekers to build a career in the logistics industry. The program ensures guaranteed jobs for recruits in entry and mid-level operational roles. The company will conduct a national entrance exam with an … Read more
Global tech investors continue to put large sums of money into Indian tech companies despite a challenging global economic climate, with a recent report conducted by Dealroom and London & Partners revealing that India ranked 4th globally with $24.1B worth of VC investments in 2022. Further analysis from the research showed that $10.7bn of that … Read more
Zeeve, the leading provider of managed Web3 infrastructure for enterprises has enabled support for Google Cloud Platform (GCP) for all their existing products. This grants users the option to choose from a host of cloud providers, including GCP, in order to meet their enterprise-grade infrastructure needs. They will get access to full, archive, and validator … Read more
pieFi, Inc. is pleased to announce the launch of Upside.coop, a revolutionary platform that gives companies the tools they need to achieve a new level of authentic connection with their customers and fans — by sharing real ownership. Brands need a better way to maintain retention and growth, especially during economic uncertainty. Brands can use … Read more
Sayata, the leading marketplace for insurance brokers and carriers to easily scale their SMB portfolios, announced Shachar Gidron joined the organization as VP R&D. He will oversee the technological vision and development at Sayata, guiding the technology team in further innovating the leading digital distribution platform built for insurance brokers. Previously, Gidron was VP of R&D at … Read more
Chara, a Bangalore-based deep-tech start-up, has raised a pre-series A round of $4.75M led by Exfinity Venture Partners, a Bengaluru based VC firm known for its B2B focus and deep-tech expertise. This round also had participation from Vietnam based Big Capital, venture arm of Bitexco and Log9 Materials. Kalaari Capital and ciie.co who are existing … Read more
Meratractor, a Pune-based start-up and a ‘Phygital’ marketplace catering to farm mechanization products, has raised INR 5Cr. in Pre-Series A funding, bringing total capital raised to ₹7.25 Cr. post this round. The funding round was led by Mr. Vibhor Sahare, CEO & Co-founder of ANS Commerce and Ex-CEO & Co-founder of Gaadi.com, Real Time Angel … Read more
SayF, the first rewards-based savings app in India, has secured $240k in a pre-seed round. Titan Capital, Sunn91 Ventures, and several illustrious angel investors are leading the current round. The platform will use the cash to create its initial team, improve its product, and do early product testing. SayF, founded in 2021 by Aman Singh … Read more
Sid’s Farm, a direct-to-consumer dairy brand, has raised $1 million from its consumers and their recommendations. Being a bootstrapped business that has so far relied on organic development, this first round of funding from its high net worth clients and their recommendations speaks volumes about its brand credibility, unmatched quality, and exceptional customer experience. In … Read more
Konark Gaur has been named the new Chief Marketing Officer of D2C personal care company Pilgrim. Abhishek Srivastava, formerly Co-founder & CTO of ThreadSol, has been named as the new Chief Technology Officer of Groyyo, a manufacturer-first, cross-border supply chain enablement firm in Fashion and Lifestyle. Under Srivastava’s direction, the company wants to reinvent its … Read more
Launched in 2016, India’s youngest and fastest-growing lending platform, completes its 7 years of operation. Since its inception, within a very short period of time, the lending platform has disbursed loans amounting to INR 7000 crore to date. The company disbursed INR 3500 crore in 2022 and plans to double its originations in 2023. The business has … Read more
TECNO, an innovative technology brand announces the India launch of PHANTOM X2 Pro 5G, featuring the world’s first retractable portrait lens. The PHANTOM X2 Pro 5G is an enhanced version of PHANTOM X2 5G launched early this month. While the latter was launched at INR 39,999, the Pro variant is being launched at INR 49,999. Launched … Read more
BeatO, a comprehensive digital care platform for controlling and reversing diabetes, today announced that they have more than 2 Million people with diabetes on their platform. The platform has seen its user base grow by 17x in the past 5 years. The majority of BeatO’s current user base is from South India (36%) followed by … Read more
AI Planet, a thriving global AI ecosystem recently acquired Learn.Machinelearning, a community of machine learning enthusiasts focused on sharing knowledge and create social good applications. This acquisition will provide the AI Planet to expand its community and accessibility of educational resources to individuals who are interested to learn about Machine Learning and use it in … Read more
