Entrepreneur News Network

B2B Marketplace TradeIndia plans to Recruit Over 500 Professionals

TradeIndia, India’s largest online B2B marketplace, has begun aggressive hiring plans in a variety of industries. TradeIndia is looking to start an aggressive talent acquisition campaign at all levels, from executive to C-suite leadership, as part of its expansion plan and employee care scheme. The brand is currently focusing on undertaking more leadership acquisitions on … Read more

Navi named Meesho CEO Vidit Aatrey as independent Director of its Board

Vidit Aatrey, cofounder and CEO of Meesho, has been appointed as an independent director on the board of Navi Technologies, which is preparing to go public. The appointment will take effect on April 9 if all processes are completed. Navi Technologies now has four independent directors on its board, thanks to Vidit Aatrey’s appointment. Abhijit … Read more

Ather Energy raises $128 mn investment from NIIF, Hero MotoCorp

Ather Energy, based near Bengaluru, has raised $128 million in a new investment round led by sovereign wealth fund National Infrastructure Investment Fund (NIIF) and current backer Hero MotoCorp. In this round, Hero MotoCorp has put in $56 million (approximately Rs. 420 crore), with the remainder of the money coming from NIIF. Other previous investors … Read more

FuelBuddy launches doorstep fuel delivery services in Northeast India

 India’s first and largest legal doorstep fuel delivery service provider, FuelBuddy, recently launched its services in the North-Eastern part of India. The expansion is backed by an Rs. 35 crores investment and promises an employment opportunity for 300 locals.  In order to streamline its operations across the seven sisters, FuelBuddy has partnered with Apna Pump … Read more

Swiggy acquires Times Internet-backed Dineout for $200 million

Swiggy, a food and grocery delivery service, has agreed to buy restaurant table reservation platform Dineout from Times Internet in a definitive deal. Swiggy will now be a complete foodtech platform, from delivery to table reservations. Swiggy is now directly competing with Zomato’s table reservation service, Zomato Book. Swiggy said in a news release that … Read more

Vivriti Capital raises $30 mn from TVS Capital in Series C Funding

As part of its Series C round, non-bank lender Vivriti Capital Pvt. Ltd raised an extra $30 million (about Rs 228 crore) from TVS Shriram Growth Fund 3. Vivriti Finance, which provides debt capital to SMEs in India, most recently secured a Series B investment from Lightrock in two tranches, with $100 million in March … Read more

Bytebeam Secures $3 M In Seed Round

Bytebeam, a Bengaluru-based B2B startup that simplifies Internet of Things (IoT) solutions, has received $3 million in seed funding from Together Fund, Accel, and STRIVE VC. AdvantEdge VC, backed by the Motherson Group, Phanindra Sama, founder of redBus; Tanmai Gopal, cofounder of Hasura; Vimal Kumar, founder of Juspay; Mekin Maheshwari, former CPO at Flipkart; Deepak … Read more

Ednovate, Ed-tech Startup raises fund for growth plans to operate PAN India

Dr. Vinay Jain of Witty Group of Institutions has invested an undisclosed amount in Mumbai-based edtech startup Ednovate in a Series A fundraising round. Other angel investors in the round were Ajay Sarupria and Kaushik Mehta. The new funds will be utilised to grow the company’s operations in India and around the world. In the … Read more

TIFIN closes $109 million in Series D at a $842 million valuation

TIFIN, a fintech platform using artificial intelligence (AI) and investment-driven personalization to shape the future of investor experiences, today announced the successful closing of $109 million in a Series D financing round. Franklin Resources (NYSE: BEN), a global investment manager operating under Franklin Templeton, and Motive Partners, a next-generation investment firm focused on technology enabled companies that power … Read more

Katanox Raises $5.7 Million and Appoints Former MD of Google Travel Rob Torres as Non-Executive Director

Katanox, the travel accommodation distribution and fintech platform, has raised $ 5.7 million from a group of financial, hospitality, and tech entrepreneur family offices to overhaul and reconfigure B2B distribution in hospitality. The group of investors includes Rappi and Yuno co-founder Juan Pablo Ortega, co-founder of fintech Dimebox and current co-founder and CEO of Founda Jan Joost Kalff, and … Read more

Supply logistics firm Stord secures $120 mn in Series D funding

Stord, the cloud supply chain leader, announced today that it has raised an additional $120 million in Series D financing led by Franklin Templeton, bringing the total round to $210 million. Now valued at roughly $1.3 billion, Stord recently crossed $200 million in annualized revenue run-rate and has raised $325 million in total funding. Participants across the entire Series D financing included new investors Sozo … Read more

Web3 Platform Fanztar raised ₹5 Cr in Seed funding

Fanztar, a web3 platform for the creator economy, revealed  that it has raised Rs 5 crore in seed funding lead by India Quotient, a seed-to-early-stage venture capital firm with over 100 firms under its belt. Himanshu Garg (CEO) and Sahil Singla, both IIT Delhi graduates, launched Fanztar (CTO). Ankush Sachdeva, Bhanu Pratap Singh, and Farid … Read more

Affordplan Expands Its Footprint To Western India With Mumbai’s Saifee Hospital Partnership

Through its relationship with Saifee hospital, a prominent multi-specialty healthcare facility in Mumbai, Affordplan, a healthcare finance company, has reached the western area of India. Affordplan is one step closer to accomplishing its aim of making healthcare finance reasonable, accessible, and convenient with this agreement. In northern and southern India, they already have a formidable … Read more

SIDBI Partnered With Vijaybhoomi University For Skill To Enterprise Module

Small Industries Development Bank of India (SIDBI) has partnered with Vijaybhoomi University under its “Mission Swavalamban” campaign to promote entrepreneurial education for skilled youths who are interested to pursue entrepreneurship as preferred career choice. SIDBI has signed a MoU to train and nurture aspiring youth to venture into entrepreneurship. Vijaybhoomi University will develop a curated course to … Read more

Delhivery raises Rs 2,347 crore ahead of IPO

Unicorn in logistics On Tuesday, a day before its shares open for bidding on May 11 as part of its initial public offering, Delhivery raised Rs 2,347 crore from 64 anchor investors, a mix of marquee domestic and international investors (IPO). The anchor investors received 48 million shares at a price of Rs 487 per … Read more

MoEVing raises $5 million in seed funding

MoEVing, one of the leading full stack electric mobility platforms, has raised $5 million in seed funding from investors such as BeyondTeq, a UAE-based venture capital firm, GCC family offices, Strides One, TradeCred, N+1 Capital, Nitish Mittersain, and others. MoEVing is well-known for providing solutions to top e-commerce, e-grocery, FMCG, and D2C enterprises to help … Read more

HR tech platform HONO raises $5 mn in series A funding

HONO, a prominent HR digital solutions provider, revealed that it had raised $5 million in a series A fundraising round led by Aakash Chaudhry, managing director of Aakash+BYJU’s, a test-preparation firm. Other individual investors such as Hemant Sultania, Amit Khanna of Amaya Ventures, and Harsh Gupta of Udayat Group contributed the remaining $1 million to … Read more

South Indian meals startup VS Mani & Co raises 2.5 cr in angel funding

In an angel fundraising round, VS Mani & Co, a speciality south Indian food firm, raised 2.5 crore. According to a press release issued by the company, angel investors included Haresh Chawla, partner, True North Co; Anupam Mittal, founder and CEO Individuals Group; Ashish Hemrajani, founder & CEO, BookMyShow; Sidharth Rao, group CEO DentsuMB; RajanNavani, … Read more

Crypto Startup Moralis Raises $40 Mn in Fresh Funding

Moralis, a platform that provides developer tools for web applications built on top of blockchains, is to announce a $40 million funding round on Wednesday. According to persons familiar with the data who asked not to be identified because the information is confidential, Moralis, which debuted its platform last June, is now valued at $215 … Read more