Entreprenuer News Network Bureau 
Online alternate fuel marketplace Buyofuel has raised over Rs 11.5 Cr in a Pre-Series A round led by Inflection Point Ventures (IPV). The round also saw participation from Venture Catalysts, LetsVenture, Lead Angels Fund, and Gruhas Proptech. The funds raised will be utilised towards expanding the services across geographies, development of product offerings as well … Read more
Deep Tech start-up NeuralGarage raises $1.45 million in a seed round led by Exfinity Ventures. Founded by IIT Kanpur alumni – Subhashish Saha, Anjan Banerjee, Subhabrata Debnath and senior media and entertainment executive Mandar Natekar, NeuralGarage is currently building an innovative ‘VisualDubä’ solution to empower content creators across the board, globally. The seed round saw participation … Read more
Anuraag Gambhir has been named the new managing director of ShopClues.com, India’s value-for-money online marketplace. Anuraag will be in charge of managing the marketplace as a whole, increasing cross-border trading with both partner and non-partner nations/websites, and improving platform efficiency by using a variety of enterprise solutions. Prior to 2019, Anuraag served as ShopClues’ Senior … Read more
Simplilearn,the world’s leading online Bootcamp for digital skilling training, announced its fresh round of fundraising from a consortium led by GSV Ventures, a multi-stage venture capital firm. In addition to GSV Ventures, Clal Insurance, and DisruptAD, ADQ’s venture platform, are also participating in this round. The current investment brings in USD 45 mm into the company, further boosting its growth across the … Read more
Landmark Group, one of the largest retail and hospitality organizations in the Middle East, Africa and India has roped in Vikram Idnani as President – Chief Information Officer (CIO) for its India business. In his new role, Vikram will focus on driving technical innovation, customer experience enhancement, delivering high-quality products, and implementing large-scale technology initiatives. … Read more
Following the outbreak of the COVID-19 pandemic, the uncertainties associated with it, and the subsequent shift to digital operations and remote working, businesses have been exposed to new risks related to digital security, employee safety and disinformation. These in turn have led to new incidents of fraud: 52% of Indian companies experienced fraud or economic crime … Read more
Believe, one of the global leading digital music companies and its leading automated distribution division, TuneCore have announced the funding of a grant for India based music creators. The TuneCore Grant is a cash endowment of INR 100,000 that will be awarded to one selected artist. Artists who participate and submit their singles will be … Read more
KnowledgeHut upGrad, one of the world’s leading technology skilling providers and a part of Asia’s Higher Edtech major, upGrad, today announced the launch of its new line of online self-learning programs. The new line of programs marks an entry of the professional skilling major into the online self-paced learning category, which it has stayed away from thus far. Starting … Read more
Selligion has conceptualised, designed, and developed the world’s first consumer cloud computer and have set out to reimagine computing for India by building a hardware and cloud-based software ecosystem that can deliver powerful computing to every Indian for Rs. 399 a month or less. The team is currently piloting the world’s first cloud-based computer they … Read more
Piramal Enterprises Limited and Bain Capital have announced an investment of INR 550 crores in Impresario Entertainment and Hospitality Private Limited through their renowned India-focused investment vehicle, India Resurgence Fund. Following the transaction, IndiaRF has taken over as Impresario’s largest stakeholder. The fresh capital will help fuel the further expansion of Impresario’s business, which also … Read more
Lentra, the class leading Cloud lending platform, has closed its Series B funding round with a transaction value of USD 60 mn, led by existing investors Bessemer Venture Partners and SIG Venture Capital with participation from Citi Ventures. Masterkey Capital were the Investment Bankers. The funding will be used for products+platform strengthening and also for … Read more
Ankush Saigal has been named Head of Telecom Industry Sector, Southeast Asia by Wipro Limited, a provider of technology services and consultancy. Ankush will oversee Wipro’s expansion in Southeast Asia’s telecom market at a time when the whole telecom and CSP sector is striving to embrace an ecosystem play in order to scale new heights … Read more
Genesys International Corporation, one of the leading homegrown players in the locational intelligence space, has announced the appointment of Sameer Sankhe as Chief Digital Officer (CDO). Sameer has previously led digital transformation consulting at Salesforce India. He helped Salesforce’s key clients in their vision-to-value journey. He has over two decades of experience in tech entrepreneurship and … Read more
Intuitive, a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery, has installed its hundredth robotic-assisted surgical system in India at the U.N. Mehta Institute of Cardiology, the country’s largest cardiac center. The installation was marked at an event attended by the Hon. Prime Minister of India, Mr Narendra Modi. “We … Read more
Delhivery Limited (NSE: DELHIVERY, BOM: 543529) reported revenue from services of Rs. 1,796 Cr in Q2FY23, up 22% YoY from Rs. 1,474 Cr on a reported basis and up 9% YoY from Rs. 1,644 Cr on a pro forma basis in Q2FY22. Loss after Tax in the same period narrowed from Rs. 643 Cr in … Read more
Salud Beverages, an award-winning urban lifestyle brand introduced 11 uniquely designed Ethereum based NFTs – ‘Salud Cusps’ in collaboration with Token Runway has emerged to be the first Indian alcobev to sell all their NFT Cusps collections. NFT enthusiasts and ardent followers of brand Salud participated with great enthusiasm and excitement throughout the auction since … Read more
Inventor and Entrepreneur Sanandan (Sandy) Sudhir, who created quite some ripples in Shark Tank with the world’s fastest cooking device, has declared that his startup On2Cook India Pvt Ltd has secured seed funding of over 2 Million USD. The funding round was led by angel investor Dr Mayur Desai, who infused the first tranche of … Read more
MY3DMeta a 3D Modelling tech company, secured an investment of over Rs. 10.5cr from The Chennai Angels, Dholakia Ventures, AccelNest, Karn Nagpal, Badri Raghavan, IIT-IIM Angels, Hyderabad Angels, and others. MY3DMeta plans to utilize the fund for building tech, IP, and business development. Founded in 2016, MY3DMeta is making cutting-edge progress in 3D modelling with … Read more
Mintel has announced five trends set to impact global consumer markets in 2023, over the next five years and beyond. Centred around seven core drivers of consumer behaviour which are Identity, Rights, Surroundings, Experiences, Technology, Wellbeing and Value – the trends are Me Mentality, Power to the People, Hyper Fatigue, International Localism and Intentional Spending. Matthew Crabbe, Director … Read more
Bengaluru based Ulipsu, India’s first multipotential OTT like learning platform, from Kidvento Education and Research Private Limited, recently raised $1.5 million in funding from angel investors based in the Middle East and the UK. This round of investment comes as an addition to the initial $1 million USD Pre-Series A round funding received in October 2021. With … Read more
