Entreprenuer News Network Bureau 
CABT Logistics, India’s leading intracity logistics brand gears up to meet the demand of big billion days and the upcoming festive season by investing $ 8 million to build about 120 micro-fulfilment centres across India. This investment in micro-warehouses comes in the wake of the E-commerce and Q-commerce boom, especially in a post-covid world. Logistics … Read more
MooVita, a market leader in vehicle-agnostic driverless software solutions for urban environment, has today signed a strategic partnership with China’s leading automotive tier-1 parts supplier, Desay SV (DSV), to further drive a safer, more efficient, and carbon-neutral mode of transportation. MooVita and DSV will collaborate in the development of AV Level-3 to Level 4+ full-stack software application … Read more
SuperShare is excited to announce its first-ever ESOP (Employee Stock Option Programme) buyback. In its Series A stage, SuperShare is successfully utilising ESOPs to draw in new talent while recognizing current and past employees for their support and contributions. It’s a rare event for an early-stage startup. Team members with vested options will be eligible … Read more
CommerceIQ, the leading Retail Ecommerce Management Platform, today announced the appointment of Kal Raman as President. In this role, Raman will lead CommerceIQ’s product strategy, research and development, and customer success functions, as well as support the company’s global expansion and go-to-market strategies. Raman has served as a special advisor for CommerceIQ since April 2022. He joins the … Read more
Flipkart, India’s homegrown e-commerce marketplace, today announced the signing of a Memorandum of Understanding (MoU) with the District Administration of Varanasi, Government of Uttar Pradesh, to enable national market access for artisans, weavers, people with disabilities and of Varanasi. Through this partnership, iconic goods such as Banaras Sarees, Handmade Carpets, Zardoji Craft, Metal Crafts, and Handmade … Read more
Brian Rice is joining McDonald’s as Executive Vice President and Global Chief Information Officer, reporting directly to me and serving on our Global Senior Leadership Team. Brian’s accomplishments make him the perfect enterprise leader to continue to drive our digital vision to new heights as we deliver on our Accelerating the Arches strategy. In getting to know him, it … Read more
Roadcast, an end-to-end supply chain management solutions provider closed its latest round of funding with an investment of USD 2 million by Jubilant FoodWorks. Founded in 2015 by Vishal Jain, Anshul Jain, and Rahul Mehra, the Delhi-based SaaS company is a technology provider for logistics enterprises. Being an industry agnostic company, Roadcast helps businesses across … Read more
PhonePe, one of India’s leading digital payments platforms, announced the acquisition of OSLabs, a mobile platform that enables content and app discovery for users and app developers. PhonePe, AGPL and OSLabs have reached an amicable settlement in the matter, with PhonePe acquiring AGPL’s entire stake at a premium. The closure of this deal gives PhonePe … Read more
Gaining immense popularity with its successful first drop of culturally driven digital artwork, Viacom18’s Youth, Music, and English Entertainment cluster’s NFT marketplace www.fullyfaltoonft.com received an overwhelming response and carved out a niche for itself with NFT collectors. Riding on the momentum of its previous success and to further emphasize the significance of digital artwork, Fully Faltoo will … Read more
SuperShare, a smartphone dialer and communication platform, has raised $6.5 million in a Series A funding round led by Lachy Groom, Accel India, and current investor Lightspeed. It has the backing of executives from various Indian influencer management agencies, as well as content creators such as Tanmay Bhat and MythPat. SuperShare, the second product of … Read more
Spotnana, a cloud-based travel technology platform, announced a $75 million funding round. Spotnana is a software-as-a-service platform for travel buyers and suppliers, providing travel inventory from global sources for ease of travel management. It was founded in 2019 by Sarosh Waghmar and Shikhar Agarwal. Previously, in September 2021, the company raised $34 million in series … Read more
Creative Intell Inc., the artificial intelligence-powered dealmaking platform for the music industry, announced the close of its seed funding round today. The music-tech startup is backed by prominent music industry investors, leaders and companies, including Austin Rosen (Electric Feel Ventures, and co-management for Post Malone), Mac and Robert Reynolds (management, The Killers, Imagine Dragons), Rimas Entertainment (label and management, … Read more
Unstoppable Domains, the leading platform for Web3 digital identity with more than 2.5 million registered NFT domains, today announced it has closed $65 million in Series A funding at a $1 billion valuation. The round was led by new investor Pantera Capital with participation from Mayfield, Gaingels, Alchemy Ventures, Redbeard Ventures, Spartan Group, OKG Investments, Polygon, CoinDCX, CoinGecko, We3 … Read more
Fi, a fintech firm that hosts a neo-banking platform, has announced a $45 million funding round. Alpha Wave Ventures led the Series A funding round. The latest funding comes after the Bengaluru-based startup raised $50 million in November 2021 at a valuation of $315 million. Ex-Google Pay executives Sujith Narayanan and Sumit Gwalani founded the … Read more
Bangalore-based technology skilling provider KnowledgeHut upGrad, part of Edtech major upGrad, has partnered with Sweden-based Apis Training, a global major in telecom mobile technology training. Through this alliance, Apis will function as an authorized training partner, creating niche solutions to up-skill engineers as per industry 4.0 requirements and in turn addressing the demand-supply gap in the telecom industry. By … Read more
Successive Technologies, a US-headquartered next-gen (CMMI Level-3 technology consulting and services company specializing in digital transformation, has appointed Steve Dantas as Chief Growth Officer – with a focus on North America. Steve brings in more than two decades of leadership experience and has played key leadership roles at companies like Metafora (previously CarrierDirect), Sapient (acquired … Read more
HR automation platform, Omni HR today announced it has recently closed USD 2.4 million in an oversubscribed pre-seed funding round co-led by Alpha JWC Ventures and Picus Capital, with participation from FEBE Ventures, Basis Set Ventures, Ratio Ventures, and Frances Kang at Horizons Ventures. This round was also supported by a number of prominent angel investors including former executives at Namely … Read more
Mphasis F1 Foundation, with a grant of Rs. 21 crores over five years. Countries all over the world are increasingly seen investing in Research & Development (R&D) in the field of Quantum. The partnership will fortify India’s leadership in quantum information, develop comprehensive training, and create quality resources for education and training in quantum computing. … Read more
upGrad, Asia’s largest integrated higher Edtech major has announced a 100% merger of Harappa Education at a value of USD 38 million (INR 300 crores). Harappa will clock USD ~10 million( INR 75 crores) in Revenue this year. upGrad closed this transaction with present Harappa shareholders – Bodhi Tree Systems, (a newly formed platform between … Read more
Creative Galileo, an early learning ed-tech platform, announced that it has raised $7.5 million in Series A funding from Kalaari Capital, Affirma Capital, East Ventures, Valiant Employee Investment Fund, and angel investors. This brings Creative Galileo’s total funding to $10 million, which includes a $2.5 million pre-series A round announced in October of last year. … Read more
