Entreprenuer News Network Bureau 
Snapdeal, India’s leading value e-commerce platform, today announced the on-boarding of two new D2C fashion brands – Rangita and Urban Mark on its platform. Owned by Stellaro Brands, Urban Mark and Rangita focus on serving the affordable & aspirational fashion needs of men and women respectively. The launch of the brands comes in the backdrop … Read more
Neem has raised $2.5 million in a Seed funding round from leading fintech global and local investors. This will enable Neem’s unique embedded finance platform and further its mission of bringing Financial Wellness to Pakistan’s underbanked communities – both individuals and businesses. “The embedded finance revolution that is taking place globally in financial services is … Read more
Beco, a Mumbai-based company that makes environmentally friendly personal care products, raised $3 million in a Series A round of funding on September 12, 2022. The round was led by Rukum Capital, Priyavrata Mafatlal, Better Capital, Prashant Pittie, and Titan Capital. Aditya Ruia, Akshay Varma, and Anuj Ruia launched Beco in 2019 with the goal … Read more
With involvement from current backers Blume Ventures, Beenext, and Sequoia Surge, procurement management software Procol has received INR 51 crore in funding from GMO Venture Partners, Alarko Ventures, Esas Ventures, FounderBank Capital, and Anchorage Capital. Gaurav Baheti (ex-Google New York, Zomato, iSPIRT, Forbes Asia 30 under 30) and Sumit Mendiratta created Procol in 2018. (ex-OYO, … Read more
PickMyWork, a startup that assists digital companies to acquire end customers (individual users and merchants), has announced raising USD 1Mn in Seed round. The round led by SOSV’s Orbit Startups witnessed participation from an array of esteemed investors including Soonicorn Ventures, Upaya Social Ventures, Blume Founders Fund, Venture Catalyst, Mumbai Angels, 888 Network, Imperier Holdings … Read more
Durable Pack Pvt. Ltd, the second-largest room air conditioner (RAC) contract manufacturer in India, is raising $40 million in funding, with Affirma Capital serving as the round’s lead investor. EPACK manufactures RACs and small home appliances (SHAs) for Indian and MNC brands in facilities in Dehradun. The company produces a variety of RACs, including split … Read more
A number of key investors, including Dreamweaver Investments, have raised USD 1 million (about Rs 7.8 crore) for Zerund, a Guwahati-based manufacturer of sustainable bricks. Zerund had also raised Rs 4 crore from investors in 2021, including Villgro Foundation and NEDFi Venture Capital Ltd (NVCL). Zerund has brick manufacturing facilities in Guwahati and Pathsala in … Read more
Akshayakalpa Organic, a startup producing organic dairy products, announced on Thursday that it has raised USD 15 million (about Rs 120 crore) from investors. One of the top manufacturers of organic milk in the nation is Akshayakalpa Organic, which was established by GNS Reddy and Shashi Kumar. Akshayakalpa intends to make significant investments in the … Read more
Startup XR in the metaverse has raised $250,000 in a seed round driven by angel investors, including Tarun Tahiliani, the founder of Netprophets Cyberworks, and Nitin Sethi, senior vice president and chief digital officer of the Adani Group’s consumer business. The money will be used by XR Central to grow into new regions and boost … Read more
Anveshan, a D2C healthy food firm, raised $2 million in a pre-Series A funding round from DSG Consumer Partners, Force Ventures, and We Founder Circle. The round also included participation from Rahul Sharma (Zetwerk), Amit Jain and Amit Hooja (Netgraph, Vardhman Group), and numerous other individuals. The funds raised will be used for hiring staff, … Read more
In the most recent investment round headed by Accel, Powerplay, a construction management firm, has raised $7.14 million (around 56 crore). Iesh Dixit and Shubham Goyal founded Powerplay in 2019 to streamline site-to-office communication for the management of construction and architectural projects. It makes it possible for construction companies to manage their budgets, track issues, … Read more
PayPal Holdings, Inc. today announced that John Kim will join the company as Executive Vice President (EVP), Chief Product Officer (CPO), effective September 26, 2022. Kim brings unique skills and experience building foundational consumer products and marketplaces from the ground up. Throughout his career, he has driven innovative product development to compete and win in … Read more
Atlassian Corporation Plc, a leading provider of team collaboration and productivity software and the maker of Jira, Confluence, Bitbucket and Trello products, announced its plans to grow its India team to over 3,000 by the end of FY24 as part of a major recruitment drive as the organisation reinforces its commitment to the India market. … Read more
Delta, a global leader in power and thermal management solutions, has emerged as a major player in the e-mobility sector worldwide. Over the last few years, as one of the prominent leaders in EV (electronic vehicles) charging solutions, it has set up EV charging stations in various parts of the world, including Asia, the USA, … Read more
TimesPro has launched a Web3.0 learning initiative, through a unique interactive experience in the metaverse, to usher unmatched quality of modern and new-age learning through cutting-edge programmes in various Web 3.0 technologies like Blockchain, Crypto Currency, Metaverse, NFT among others. At launch, TimesPro will offer a mix of certificate and self-paced programmes to enable learning in … Read more
Oasis Centre for Reproductive Medicine in South India has raised $50 million (almost Rs 400 crore) in an equity round of financing from domestic private equity vehicle Kedaara Capital. Oasis, which was founded in 2009 by Durga G. Rao and Kiran Gadela, had five centres in Andhra Pradesh and Telangana at the time of InvAscent’s … Read more
Work fulfillment platform Awign, which is based in Bengaluru, has earned $15 million in a Series B round that was co-led by Bertelsmann India Investments and Amicus Capital Partners. It also received funding from Mynavi Corporation, Unitus Ventures, and the Michael & Susan Dell Foundation. Annanya Sarthak, Gurpreet Singh, and Praveen Sah, three IIT graduates … Read more
NFT Genius, a company developing world-class experiences and marketplace technology to the NFT market, announced today a $150M valuation following the close of a $10.5M Series A funding round led by Dapper Labs, Spartan Labs, Commonwealth Asset Management (CWAM), and Fundamental Labs. Spartan, One Football, and Unibanco also participated in the round. NFT Genius was founded by Jeremy Born, Kurt Braget, and Karl Meier. … Read more
The investment commitment from GEM will allow SoMee to propel significant growth while allowing the company to fuel liquidity into its Hive-backed $SME token that users earn and trade via the SoMee.Social network. Since SoMee’s platform utilizes blockchain technology, people using the platform see USD earnings shown on each post that are based on the … Read more
EV charging infrastructure solutions start-up goEgoNetwork has raised Series A equity funding of USD 8 million (almost Rs 60 Cr). Disrupting the energy and transportation space with its vision to create a robust EV charging network, goEgoNetwork will use the funds in developing and installing the Fast DC Charging Station product line. It will also … Read more
