Entrepreneur News Network

Simplilearn Acquires New York based Fullstack Academy

 Simplilearn, the world’s leading online bootcamp for digital skilling training, announced that it has acquired a U.S.-based bootcamp education company, Fullstack Academy, for an all-cash transaction. This will be the company’s second acquisition after Market Motive in 2015. Simplilearn has grown exponentially by over 60% in the past year and this complementary acquisition will accelerate Simplilearn’s journey to become the largest digital skilling company globally. … Read more

Delta Electronics India Hosts 2022 Delta Technology Day Event for Tata Steel in Jamshedpur

Delta, a global leader in power and thermal management solutions, recently hosted a technology day event on November 24 in Jamshedpur. The event witnessed participation from 140 attendees from Tata Group. This event serves as a showcase for Delta’s vision, which encourages partnerships to tackle some of the most critical problems facing the planet and … Read more

Edtech Startup Skill-Lync Acquires Experiential Learning Platform Crio

Chennai-based edtech start-up Skill Lync has acquired Crio—an experiential learning platform for tech careers—for an undisclosed sum. After this acquistion, Crio will function as a separate brand inside the Skill-Lync Group. Binny Bansal supports the startup Crio, which was formed by former employees of Flipkart and Google. It employs about 100 people. With more than … Read more

GoFreight Raises $23M to Automate Freight Forwarding Workflows and Expand its Team

GoFreight has announced that it raised $23M in Series A funding, co-led by Flex Capital and Headline. The round includes participation from LFX Venture Partners, Palm Drive Capital, and existing investors like LA-based Mucker Capital, Cornerstone Ventures, and Red Building Capital. GoFreight offers an all-in-one cloud-based software that consolidates the complex and meticulous work of freight forwarders … Read more

1000+ Companies Hired Students from NxtWave, an EdTech Startup

NxtWave, a leading provider of job-ready training for software careers, announced that over 1000 companies hired its students in the past eighteen months. NxtWave’s unique blend of hands-on training with real-world projects has helped its students land jobs at companies ranging from fast-growing startups to MNCs like Amazon, Google, Deloitte, Bank of America, Jio and … Read more

WardWizard Innovations and Mobility Partners with iCreate to foster EV Start-Ups in India

WardWizard Innovations and Mobility Ltd – India’s leading manufacturer of electric two-wheelers brand ‘Joy e-bike’ today announced a strategic partnership with iCreate, India’s leading innovation-based start-up incubator, to mentor and fund promising EV start-up’s in India. Through this partnership, WardWizard will facilitate active mentorship for entrepreneurs at iCreate’s campus in Ahmedabad to enhance subject matter … Read more

Prado Raises $5.75 Million In Seed Funding to Improve Fresh Food Accessibility Nationwide

Prado, an e-commerce and logistics platform fueling a more sustainable food system, today announced it has raised $5.75 million in seed funding. The financing was led by Bonfire Ventures, with participation from Slauson & Co., January Ventures, Alumni Ventures, Bridge Investment Group, and Supply Change Fund. The investment will be used to grow the Prado team and scale its platform to support more … Read more

IoMT Startup for Men’s Health Bonatra Raises 5.5 Cr in Pre-Seed Round

Bonatra, a doctor-led IoMT (Internet of Medical Things) start-up for men’s health issues, has raised 5.5 crores in a pre-seed round led by ITI Growth Opportunities Fund with participation from marquee angel investors like Jitendra Jagadev, Founder, Nestaway and Helloworld, and Rajesh Yabaji, Founder, Blackbuck. Other investors who participated in the round include Satish Shetty … Read more

Energy storage start-up Clean Electric raises $2.2 mn in seed funding

Climate Angels has invested in Clean Electric, an innovative energy storage solutions start-up, and also helped them raise $2.2M in a seed round led by Kalaari Capital, an early-stage venture capital firm based in Bengaluru. The round also saw participation from LV Fund, 7Square Ventures, and CIIE Regional Innovation Foundation. Clean Electric’s proprietary battery technology … Read more

Sports Education and Infrastructure Startup Push Sports Raises Seed Funding

Delhi based Sports Education & Infrastructure start-up Push Sports has raised an undisclosed amount in its seed round from institutional and HNI investors from India and overseas. Singapore based investor syndicate, BeyondSeed led the round with Delhi based, Moonshine Technologies Pvt Ltd, who also run Pokerbaazi.com, investing sizeable funds alongside Ah! Ventures. The fund raised will be … Read more

Samsung backed ed-tech firm TagHive’s Class Saathi App set to record 300 per cent Y-O-Y growth

TagHive, a Samsung backed ed-tech firm which launched the Class Saathi app and clicker for in-class and at-home student assessment, has recorded a fast pace growth, expanding from 10 schools to 1800+ schools across India in the past one year. These primarily include public schools in Uttar Pradesh, Himachal Pradesh, and Jammu & Kashmir. The … Read more

Cloudflare “Workers Launchpad” Funding Program Grows to $2 Billion

 Cloudflare, Inc., the security, performance, and reliability company helping to build a better Internet, today announced the Workers Launchpad Funding Program has grown to $2 billion for potential investment in startups building on Cloudflare Workers, an increase of 14 partners and $750 million in less than two months. Cloudflare is also introducing the first cohort … Read more

Auto-tech startup Fixigo raises undisclosed seed funding led by Agility Ventures

Auto-tech startup Fixigo has  announced that it has  raised an undisclosed seed funding in a round led by Agility Ventures. Industry veteran and Director of iGlobe Telecom, Tarun Kalra and Alienics Inc, a Canadian investment firm, also invested in the round alongwith a few other angel investors. Founded in 2019 by industry stalwarts Sami Saik (CEO), Tarun Malhotra … Read more

SE Ventures announces €500 million Fund II for climate and industrial tech start-ups

SE Ventures today announced a €500 million Fund II establishing the firm as one of the largest VCs focusing on climate and industrial technology. Backed by Schneider Electric, the global leader in the digitalization of industrial automation and energy management, this move builds upon a 2018 Fund I to bring SE Ventures to €1 billion of … Read more

OneSchema Raises $6.3M Funding from General Catalyst, Sequoia, and Y Combinator

OneSchema is saving software engineers years of development time with their suite of developer tools for ingesting CSV data. The company announced today a $6.3M funding round led by General Catalyst, with participation from Sequoia Capital, Y Combinator, Elad Gil and Contrary Capital. OneSchema’s flagship product is an embeddable CSV importer used by developers to launch CSV import capabilities … Read more

FTX Launches Strategic Review of Its Global Assets

FTX Trading Ltd, and approximately 101 additional affiliated companies (together, the “FTX Debtors”), today announced that as a part of the Chapter 11 process, they are launching a strategic review of their global assets to begin to maximize recoverable value for stakeholders. The FTX Debtors have engaged Perella Weinberg Partners LP (“PWP”) as lead investment … Read more

Mphasis partners with Ashoka University to strengthen tech ecosystem

Mphasis, an information technology (IT) solutions provider specializing in cloud and cognitive services, through its Corporate Social Responsibility (CSR) arm, Mphasis F1 Foundation, today strengthened their commitment to Ashoka University with a grant of INR 18 Crores, for a period of three years towards the expansion of Mphasis Laboratory of Machine Learning and Computational Thinking at the University. The partnership … Read more

Bitget launches $5M Builders Fund to help users hit by the FTX collapse

Leading global cryptocurrency exchange Bitget has announced its latest 5 Million USD initiative called Builders’ Fund to help affiliates, influencers and professional traders damaged by the FTX collapse. Last week, the crypto market witnessed FTX collapse as the exchange announced their wallet was hacked after filing for bankruptcy protection in the US. Due to the … Read more

Cityfurnish Raises USD 2.5 Million in Debt Funding Round

Cityfurnish today announced the close of a $2.5M financing round, including debt and equity bringing the total amount raised to date to $10M in equity and debt, to further its mission of bringing unprecedented ease and flexibility to the home furnishing experience. The debt round was led by Northern Arc Capital along with participation from Western Capital and UC Capital … Read more

Pepsi forays into NFT space with its ‘Pepsi Black Zero Sugar’ collection in India

Pepsi announced the launch of its first-ever non-fungible tokens (NFTs) collection for the Indian consumers. PepsiCo India Design Team in partnership with illustrator, Timea Balo has exclusively curated the NFT collection for Pepsi Black anchored on the brand’s pillars of Innovation, Self-Expression, and Evolution. Rooted in the brand beliefs, Pepsi will release a set of … Read more