Entreprenuer News Network Bureau 
BluSmart, an electric ride-hailing network, has raised $25 million in a follow-up to its Series A fundraising round, which concluded in September 2021. The fundraising round included $15 million in equity and $10 million in venture loan. The equity fundraising round, led by BP Ventures and Green Frontier Capital, included previous investors, while the venture … Read more
SucSEED Indovation Fund, based in Hyderabad, has invested in Ving Hybrid Technologies India Pvt Ltd. Ving Hybrid Technologies is based in Singapore and India and was founded by two ex-Cisco executives. Ving Hybrid wants to democratise Video Conference Rooms by providing a “One Stop VC Room Solution” with the goal of “simplifying cooperation.” Ving offers … Read more
An educational technology company that focuses on data science and machine learning. Jovian just announced a seed round of funding of USD 1.5 million. Multiply Ventures led the round, with Y Combinator, Better Capital, and prominent angel investors including Kunal Shah (Founder, CRED), Phanindra Sama (Co-founder, redBus), Aprameya Radhakrishna (Co-founder, Koo), Christian Oestlien (Director, YouTube … Read more
Witzeal, a new age gaming technology company, announced appointment of Mr. Ketan Godkhindi as the Chief Strategy Officer. A key addition to the company’s leadership team, Mr. Godkhindi will be primarily responsible in devising strategy to support the vision of the company. Additionally, he shall be responsible to oversee investments, M&A, partnerships and will work … Read more
SwipeRx (formerly mClinica Pharmacy Solutions), Southeast Asia’s (SEA) leading platform for pharmacies, announced it has secured a Series B round of US$27 million in equity and debt to accelerate growth across SEA. The round was led by Indonesia’s MDI Ventures, with participation from global investors, Bill & Melinda Gates Foundation, Johnson & Johnson Impact Ventures, SIG and existing investors. Singapore-based mClinica … Read more
Smplrspace Pte Ltd (Smplrspace), the floor plan platform for app builders, announced today the closing of a pre-seed fundraise of US$600,000 that includes angel investors such as Sam Marks (Coworker) and an AngelCentral syndicate led by Sam Gibb (Resolution Ventures) with participation from Shao Ning Huang (Chief Angel, Angelcentral). “Smplrspace critically augments and fits the … Read more
DJT Financial Services, targets first-time lady entrepreneurs, who are aspiring to create an income of their own and be the breadwinners in the family, together with their spouses. During Q3 & Q4 FY21, DJT Financial Services have disbursed over INR 10 crore to over 3300+ ambitious lady entrepreneurs. In addition, over the following 12 months, they … Read more
equipifi, a fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, completed a $12 million Series A funding round. The investment, led by Curql Collective via Curql Fund and PHX Ventures, will enable equipifi to provide financial institutions with BNPL capabilities available through their existing debit cards … Read more
HappyEasyGo, a fast-growing online travel agency (OTA Platform), currently invested by Samsung Venture Investment, Korea Investment Partners Co. Ltd., M&S Partners Pte. Ltd., CVC Capital Partners, and UOB Venture Management, has raised new funding from its existing shareholders. The funding is backed by the encouraging business trends in the travel industry in the Indian market. … Read more
RobotPlusPlus, a leader in aerial work robots, today announced its Series B funding round of US$15 million, bringing it to approximately US$35 million in total investment since its founding in 2017. This latest funding was led by Meituan, China’s leading tech and online retail company, and Fosun, a global innovation-driven consumer group. RobotPlusPlus plans to … Read more
The Jalan Kalrock Consortium (JKC) today announced new appointments for the Jet Airways leadership team, as the airline prepares to make a historic comeback with fresh funding, changed ownership, and new management. The following accomplished individuals have been appointed: Prabh Sharan Singh, Chief Digital Officer HR Jagannath, Vice President – Engineering Mark Turner, Vice President … Read more
Jet Airways received its revalidated Air Operator Certificate (AOC) from the Directorate General of Civil Aviation (DGCA), Ministry of Civil Aviation, Government of India. With the receipt of AOC, the Jalan Kalrock Consortium has fulfilled all the conditions precedent under their NCLT approved Resolution Plan. The revalidation of AOC enables Jet Airways to resume its scheduled commercial operations … Read more
Samosa Party, India’s fastest-growing QSR, has announced its debut into the offline restaurant industry, with its first brick-and-mortar locations in Bengaluru, delivering hot and crispy samosas in 15 flavours with freshly-made condiments and accompaniments. The two locations, which will be located at 12th Main Indiranagar and Forum Mall Koramangala, will occupy excellent restaurant space, upgrading … Read more
Maneesh Sharma, previously GitHub General Manager for India, has joined LambdaTest, a leading test orchestration and execution platform, as its Chief Operating Officer. Maneesh will lead all the go-to-market functions in the company. Maneesh, who has over 22 years of experience, was leading GitHub India’s phenomenal growth and operations until recently. Under his leadership India was the fastest … Read more
BYJU’S named Jiten Mahendra as Vice President & Head Marketing. He is leaving Landmark Group as senior vice president of marketing. Mahendra made a change to his LinkedIn profile to reflect his new location. His post read, “My 12-year-long innings with the Landmark Group and Max Fashion come to an end. I am thankful to Vasanth … Read more
Seclore Technology Pvt. Ltd., a data-centric security startup, announced today that it has raised $27 million in new funding to aim to become the platform of choice for business data protection projects. Seclore, which was founded in 2003, provides an open, automated data-centric security platform for businesses. The platform is meant to enable enterprises to … Read more
According to employees interviewed by Moneycontrol, healthtech business MFine, owned by Novocura Tech Health Services, has cut off around 500 employees due to a financial shortage at the Beenext and Stellaris-backed startup. The Bengaluru-based business employs around 1,000 people and has laid off workers in the data science, engineering, and product areas. A few individuals … Read more
Shiba Inu Price Forecast for May 22nd, 2022 On the 21st of May 2022, the current price of Shiba Inu is INR 0.0009, down 1.25 percent in the last 24 hours. The price of a Shiba Inu is expected to range between INR 0.0006 and INR 0.0018 on May 22, 2022. SHIB has performed relatively … Read more
According to a regulatory filing on Thursday, DoorDash Inc. has authorised the buyback of up to $400 million in shares. In its filing, DoorDash DASH, -1.08 percent stated that the move is being made to counter dilution from its employee stock-compensation scheme. During the coronavirus pandemic, the delivery-app platform, which went public in 2020, reported … Read more
The new technology and innovation centre for Zee Entertainment in Bengaluru will focus on improving the user experience of the company’s streaming platform ZEE5 and generating digital goods. Mittal believes that Zee will soon join the metaverse. “Zee’s metaverse will create a new reality that blends real-world and digital ecosystems.” We’re building the metaverse as … Read more
