Entrepreneur News Network

Demand Sourcing and Tech Enabling Platform for Local butcher Shops “The Meat Chop” raises INR 7 Cr In funding

Local butcher stores sourcing and tech enabling startup “The Meat Chop” based out of Chennai on Tuesday announced that it has raised INR 7 crores in seed funding from Mohan K Co-Founder IppoPay, Ankur Agarwal Co-Founder Dunzo, Meenakshi Sundaram, Jaikumar R Co-Founder IppoPay, Rahul Mahipal Founder Capitar Ventures, Omar Bin Brek Founder & CEO Foloosi a UAE based FinTech, Amith D’Souza … Read more

Bahrain attracts US$72.7 million worth of investment in financial services

Bahrain’s investment promotion agency, the Bahrain Economic Development Board (Bahrain EDB), announced its participation in the Singapore Fintech Festival (2-4 November) with the aim to support fintech and financial services companies tap into MENA market through Bahrain. During the first three quarters of 2022, Bahrain EDB has supported nine financial services companies to setup or expand in Bahrain, … Read more

eBay acquires TCGplayer, a growing trading card marketplace

eBay Inc., a global commerce leader that connects millions of buyers and sellers around the world, today announced it has completed its acquisition of TCGplayer, a trusted marketplace for collectible card game enthusiasts, for a total deal value of up to approximately $295 million. This acquisition complements eBay’s focus category strategy and builds on its … Read more

Eagle Genomics Announces USD 20M In Funding

Eagle Genomics, the pioneering TechBio platform business applying network science to biology, today announced the USD 20 million first close of its scale-up funding round. The investment will support further development of the data scientist platform and will continue to drive expansion into global markets and the deepening of client impact. The round is being … Read more

Icertis Secures $150 Million in Funding

Icertis, the contract intelligence company has announced it has secured $150 million in funding comprised of a revolving credit facility and convertible financing from Silicon Valley Bank. The funds will enable Icertis to further extend the company’s leadership position in the burgeoning CLM category by accelerating the application of transformational technologies like artificial intelligence, machine learning, and … Read more

impress.ai and Apex Group partner to offer end-to-end recruitment solutions to businesses in India

impress.ai, an enterprise-focused recruiting software provider, has today announced it has signed a strategic partnership agreement with the Apex Group of Companies, a leading provider of Workforce Solutions, Security Solutions, and Payroll Outsourcing services. Under this partnership, Apex Group of Companies will resell impress.ai‘s recruiting automation solutions to large enterprises in India. Leveraging Apex Group’s continuously growing network … Read more

Kazakhstan attracts major investment from global funds and international businesses

International investors Franklin Templeton, VPE Capital and Vedra Partners are among a growing number of firms targeting Kazakhstan, according to a major new report. Economic and political reforms are helping transform sentiment towards Kazakhstan – attracting prominent investors as well as businesses, with satellite company OneWeb and US technology group Honeywell the latest companies to commence operations in the … Read more

Fintech Startup PayVEDA Closes $11.5 Mn in Funding from SphitiCap

SphitiCap – an early-stage sector agnostic fund today announced their second investment portfolio with $11.5 Million Series A Funding in PayVEDA. PayVEDA is a leading solution-oriented fin-tech player bridging the financial gap (banking &non-banking) in underserved regions of India. The company’s promising growth, the pipeline of strategic acquisitions, and the near plausibility of an Initial … Read more

LUMIQ raises USD 5.5 million in Series A funding

LUMIQ has raised Rs 44.1 crore or $5.5 million in its Series A round led by existing investor Info Edge Ventures. In 2022, this is the 1st round of investment for the Data and Analytics company which builds datastack products and solutions, with a pure Financial Services and Insurance (FSI) focus. In this round, Info Edge Ventures spearheaded the round … Read more

PhonePe launches its first Green Data Center in India with Dell Technologies and NTT

PhonePe, India’s leading fintech platform, today announced the launch of its first Green Data Center in India, leveraging technologies and solutions from Dell Technologies and NTT. The Green Data Center is set to open up new opportunities in data management for PhonePe, with efficient data security, power efficiency, ease of operations, and cloud solutions. The … Read more

Wardwizard Innovations & Mobility Ltd Records Highest Ever Half-Yearly Growth in FY’23

Wardwizard Innovations and Mobility Ltd (BSE Code: 538970), one of the leading manufacturer of electric two-wheeler ‘Joy e-bike’, clocked highest-ever numbers in this quarter, achieving revenue of Rs.63.97 crores in Q2FY’23 as compared to Rs. 33.51 crores in Q2FY’22, registering the growth of 90%. With the demand for electric mobility observing constant strong growth in … Read more

Simplilearn And Caltech Ctme Congratulate 300 Learners In Their 3rd Virtual Convocation Ceremony

Simplilearn, the world’s #1 Online Bootcamp and a frontrunner in the EdTech domain, hosted its third online convocation ceremony in partnership with Caltech CTME to felicitate and acknowledge over 300 learners for completing the Post Graduate Program. Gracing the event with their presence were  Mike Ash, Director at Caltech CTME as the Chief Guest and Kashyap Dalal, … Read more

Braven Receives $1 million Investment from Barclays

Braven, a nonprofit organization, announced today it has received a significant two-year commitment from Barclays to support its mission to close the education-to-employment gap in higher education. Through Barclays’ financial investment of $1 million and the addition of mentoring offered by Barclays colleagues, Braven will be able to upskill more than 4,200 four-year college students and support … Read more

Gabbi Raises $4.4 Million to Bring Breast Cancer Early Detection Support Directly to Women

Gabbi, the risk assessment and care navigation company, today announced it has raised a round of $4.4 million to help tackle its mission of ensuring breast cancer is detected at the earliest possible stages when it is a treatable, survivable disease. Bread and Butter Ventures led the round which also saw participation from Female Founders Fund, WR … Read more

GoFloaters, Hybrid Workplace Platform Startup, Raises Seed Funding led by Loyal VC

GoFloaters, the leading hybrid workplace platform in India, today announced it has secured an undisclosed amount in seed funding. The funding is led by Loyal VC, a Canada-based global venture fund with 220+ investments across 50+ countries. Funds will be primarily utilized to strengthen and accelerate its unified hybrid workplace solution – WorqFlexi. GoFloaters has built a one-of-a-kind … Read more

Motilal Oswal Invests ₹ 260 Crores in Urbanrise – Alliance Group

Motilal Oswal one of India’s largest financial institutions has funded a sum of ₹ 260 Cr. in Urbanrise – Alliance Group, South India’s largest Real Estate developer for the company’s upcoming three major projects in Bangalore and Hyderabad. The funds were raised towards three upcoming projects – 30 acres villa project on Kanakapura Road, Bangalore, the 7 acres high-rise apartment project in Whitefield, Bangalore and the 17.5 acres of high-rise apartment project in Nizampet, Hyderabad. The total saleable … Read more

Kinara Capital Closes INR approx 200 Crores in Fresh Equity, Led by British International Investment

Kinara Capital, a fast-growing fintech for India’s small business entrepreneurs, today announced closing a fresh equity round of INR ~200 crores led by British International Investment (BII), the UK’s development finance institution and impact investor. Existing equity investors Nuveen and the ASN Microkredietfonds advised by Triple Jump also participated in this round. This equity investment will … Read more

Canary Technologies Raises $30M In Series B Funding

Canary Technologies, which is modernizing the hotel tech stack with the first fully mobile web end-to-end Guest Management System and its award-winning Digital Authorization solution, announced today that it has raised an additional $30 million in Series B funding led by global software investor Insight Partners, with continued participation from F-Prime Capital, Y-Combinator, Thayer Ventures, Commerce Ventures, … Read more

Udaan raises $120mn in funding via convertible notes

B2B e-commerce start-up Udaan has secured fresh funding worth $120 million through a convertible note from existing investors and bondholders. In the next 12 to 18 months, the company aims to go public, according to an internal corporate memo. The company has raised over $350 million in the past four quarters, making it one of the … Read more

Cyber Security Platform BluSapphire Raises $9.2 Mn in Series A Funding

Full-stack cybersecurity platform BluSapphire Cyber Systems has raised $9.2mn as part of its Series A round. The round was led by Barings Private Equity India with participation from cross border VC firm Dallas Venture Capital, Binny Bansal backed xto10x, RPG Ventures & Merisis Venture Partners. ValueBridge Capital was the sole advisor for this transaction. Speaking … Read more