Entreprenuer News Network Bureau 
iThrive, health and wellness startup has announced the appointment of Neelesh Marik to its Board of Directors. Marik comes with 30 years of experience in established blue-chip start-ups across a wide array of products, including consumer and industrial. His expertise spreads over the service sector in a variety of industries like consulting, technology and education. … Read more
With customer-centricity and innovation at its heart, Motorola is committed to giving consumers in India a ‘No Compromise’ – True 5G experience that allows them to discover, connect, and expand in the world around them through 5G. Motorola, in partnership with Reliance Jio has ensured that its 5G smartphones in India support Jio’s advanced Stand-Alone … Read more
According to CNBC, Elon Musk’s commercial rocket startup SpaceX has raised $750 million in its current investment round led by venture capital firm Andreessen Horowitz, which previously invested in Musk’s $44 billion takeover of Twitter. However, neither SpaceX nor the investors have provided official confirmation. SpaceX’s newest fundraising increased the SpaceTech startup’s valuation to $137 … Read more
According to the Economic Times, Indore-based STAGE, the World’s first OTT platform in indigenous Indian languages/dialects, has raised Rs 40 crore in a fundraising round led by Blume Ventures. STAGE is an Indian language content platform (OTT) for artist-led entertainment such as poetry, comedy, and storytelling. Other investors in the new round of fundraising included … Read more
According to Business Insider, Mumbai-based SarvaGram Solutions raised $35 million in a Series C round headed by Elevar Equity. SarvaGram Solutions specialises in financing to rural communities. TVS Capital Funds, Elevation Capital, and Temasek were among the additional investors in this round. In order to fulfil the expanding needs of rural India, SarvaGram is the … Read more
RateGain Travel Technologies Limited (RateGain), a global provider of SaaS solutions for travel and hospitality, today announced that it has entered into a definitive agreement to acquire Adara Inc. (Adara) through an asset purchase agreement. The Silicon Valley headquartered global leader in predictive consumer intelligence to enhance its AI-powered DaaS (Data as a Service) and … Read more
actyv.ai, headquartered at Singapore and a category creator in the enterprise SaaS with embedded B2B BNPL and insurance space, has announced the appointment of Karan Dixit as Regional Vice President – BD, Sales and GTM (Middle East, Africa and Turkey). A techno-commercial leader, Karan comes with two decades of experience in IT, research and software … Read more
WardWizard, a leading manufacturer of electric two-wheeler brand ‘Joy e-bike, zooms into the new year with a 131.6% hike in sales in CY 2022 (Jan –Dec 2022). Adding to the details, the company sold a whopping 43, 914 units of electric two-wheelers as compared to the last calendar year. Last year between Jan and Dec 2021, the company … Read more
CarDekho, India’s leading auto-tech group, announced results for the financial year 2021-2022. The group registered an impressive 81 per cent growth in consolidated revenue from operations, increasing to INR 1,598 crore in FY22 from INR 884 crore in 2021. The total expenses of the group increased by 70 per cent thereby signifying a strong operating leverage. … Read more
Hemin Shah, Director of US-based talent consultancy Collabera, and Sudhakar Moparthy led a pre-seed funding round of Rs 6 crore for Hyderabad-based e-bike startup GearHead (Director of US-based IT company Skillbanc). The startup intends to use the funds raised to increase the scope of its activities throughout India, produce electric bikes to spur the market … Read more
Pheal is a smartphone app that offers innovative physical therapy tools care to physiotherapists while simultaneously improving patient care. Its unique selling points have made this health-tech platform draw a much-needed niche in the practice of physical therapy. Since going live at clinics in July, Pheal, an acronym for ‘physical therapy healing’, has achieved its … Read more
Foxtini, a New Delhi-based electric motor engineering startup, was one of the first businesses in India to successfully commercialise the ground-breaking Axial Flux BLDC electric motor using cutting-edge soft magnetic composites. The start-up has created a variety of cutting-edge electric motors, for which they have received a multimillion Euro tech export order from an Italian … Read more
Rajamohan Jabbala named Bonito Designs, a premier full-service interior design firm, as CTO. Rajamohan will play a crucial part in creating Bonito Designs’ competitive edge as a technology-enabled business in their present and future market area because to his considerable experience in the IT and start-up sectors. Bangalore will serve as his base of operations. … Read more
DBS Bank India announced its partnership with Gofrugal Technologies Pvt. Ltd., a seller-centric platform offering Omnichannel ERP solutions. The company empowers enterprise customers, including micro, small and medium enterprises and retail merchants, to adopt Open Network for Digital Commerce (ONDC) and enables them to expand their digital commerce footprint. The partnership furthers DBS Bank India’s … Read more
According to The Economic Times, Ericsson intends to hire over 2,000 people in Pune. In addition to establishing a technological hub in Pune with its partner in contract manufacturing, Jabil, Ericsson India will expand its operations and production capacity there. The telecom equipment company claims in a statement that the recruiting will be finished in … Read more
Leading flexible workspace provider WeWork India has secured INR 550 crores from funds managed by BPEA Lending, one of India’s biggest private credit platforms. WeWork India’s optimistic outlook for growth and strong performance in FY23 are nearly matched by the finance. Commencing operations in India in 2017 with 100K sq ft and 2200 members, WeWork … Read more
Gurugram based Healthcare-Fintech startup SaveIN has raised more capital riding on the rapid growth that the company has demonstrated in the first year of its launch. The Y-Combinator backed startup has now raised a total of $8Mn over the last nine months, making it one of the larger early stage rounds among Indian startups in … Read more
Dapps, India’s first app store exclusively for web3 apps, announced that it has raised pre-seed funding from industry stalwarts like Shardeum founder Nischal Shetty, Anshul Dhir – Founder, EasyFi, Ajeet Khurana – Marquee angel investor, Keyur Shah – ex-CFO, Polygon, Prasoon Aggrawal – Founder, Born to Die, Saurabh – Prominent influencer – CryptoDaku, Bharat Verma … Read more
Leading cryptocurrency exchange Bitget has recorded over 200% growth for digital assets’ trading volumes in the India market since its launch in early May ’22. With over 8 million users worldwide, Bitget has managed to capture a significant share of the South Asian market resulting in increased registrations from retail users. Bitget’s performance has accelerated … Read more
Bengaluru-based Samaaro, a B2B event-marketing SaaS platform has raised seed funding round, led by SucSEEDIndovation Fund with participation from Silver Needle Ventures Fund, The Chennai Angels, Lead Angels, Ankit Mehrotra (Founder, Dineout), Khalid Qazi (VP, Swiggy) and other eminent angel investors. The round also saw follow-on participation from the existing angels of their last round … Read more
