Entrepreneur News Network

Whatfix Acquires Leap.is to Expand Mobile Capabilities

Whatfix, the global leader in the digital adoption platforms (DAP) space, today announced the acquisition of Leap.is (previously Jiny.io), a mobile-first onboarding and assistance platform that brings the value of digital adoption platforms to mobile applications. The deal marks Whatfix’s first mobile DAP product focused acquisition, as well as its largest M&A deal so far. Mobile Expansion … Read more

NamasteyNFT Announces India’s First-Ever Web3 ‘Mega-Event’ in Bengaluru

‘NamasteyNFT’ – a collective that aims at empowering and supporting artists and creators-is thrilled to host ‘NamasteyNFT Bengaluru 2022’, a one-of-a-kind, free-to-enter event to be held at the Bangalore International Exhibition Centre from May 14-15, 2022. Giving more details, NamasteyNFT spokesperson Mayank Tiwari said, “The event will witness a confluence of artists, developers, and collectors … Read more

Mytaverse Closes $7.6 Million Seed Round Fueling Development of the Enterprise Metaverse Infrastructure

Mytaverse, the next-gen platform empowering enterprises in a virtual shared metaverse, today announced that it has raised $7.6 million in Seed funding to support the evolving needs of enterprises. Blumberg Capital led the round, joined by Baselayer Ventures, Correlation Ventures, Accelerator Ventures and others. A follow-on investment was made by Alberto Peisach. David Blumberg, founder and Managing Partner of … Read more

Singapore Payment Firm Thunes Takes Majority Stake in AML and Compliance Platform Tookitaki

Thunes, a Singapore-based global payments company, today announced that it has taken a majority stake in the anti-money laundering (AML) and compliance technology firm, Tookitaki Holding Pte Ltd (‘Tookitaki’) by making an investment of over $20 million. The alliance of both firms empowers the banking and financial services industry to fight money laundering and offer … Read more

Xirify is on a Massive Integration Spree to Bring A Sustainable, Cost-effective Online Shopping Solution

Xirify- a Pune-based hyperlocal, quick commerce App for ordering products and services announced integration of Cashfree Payments, Petpooja, Gupshup, Exotel, and Brozo (Previously known as Wefast), to become a one-stop order management solution for business partners. Having created a mark for itself in the marketplace which is to a large extent dominated by big players, … Read more

iNeuron acquires YouTube Influencer Hitesh Chaudhary’s Learn Code Online

iNeuron, India’s leading affordable technology education EdTech company, has acquired a 100 percent stake in YouTube Influencer Hitesh Chaudhary’s initiative ‘Learn Code Online.’ Hitesh Chaudhary has over 700,000 education subscribers on his channel, will also come on board as the Chief Technology Officer of iNeuron. LCO (Learn Code Online) will now be managed by iNeuron … Read more

Movember launches world’s first NFTs that could save men’s lives

To help spread awareness around Testicular Cancer Awareness Month this April, men’s health charity Movember, will launch the world’s first NFT (Non-Fungible Token) that could save a life. Designed by art collective MISHKA NYC, in collaboration with MRM New York, the Non-Fungible-Testicles NFT project aims to create awareness around the risk of testicular cancer, providing users with the reminders … Read more

Walmart backed Flipkart Invests $116 Million in Myntra

Walmart-backed-Flipkart-Invests-116-Million-in-Myntra

According to regulatory papers issued by the firm, Walmart-backed Flipkart invested $116 million in apparel retailer Myntra on March 25th. The news comes just days after the e-commerce giant announced that it will list in the United States next year and that its IPO valuation target has been upped by a third to $60-70 billion. … Read more

Web3 Startup EPNS Raises $10 Mn In Funding

The Ethereum Push Notification Service (EPNS), based in Mumbai and recognised for its web3 push notifications, has raised $10.1 million in Series A funding, valued at $131 million. Jump Crypto led the round, which included Tiger Global, Sino Global Capital, Polygon Studios, and Zee Prime Capital, as well as 25 additional investors. With this, EPNS … Read more

Arali Ventures invests $700K in HBox in seed funding round

HBox.ai, a healthtech firm, has raised $700,000 in a seed fundraising round led by Arali Ventures to expand its market reach and product stack. HBox, which was founded in 2021, launched its initial offering, ‘Remote Patient Monitoring-as-a-Service,’ with one clinic in March 2021. HBox has signed customers in eight US states since then, resulting in … Read more

Rapido Raises $177.5 Mn From Swiggy and TVS Motor

Rapido, a bike taxi startup based in Bengaluru, has secured $177.5 million in a fundraising round led by food delivery aggregator Swiggy. Another new investor, TVS Motors, also participated in the round. Rapido’s current investors, WestBridge Capital, Nexus Ventures, and Shell Ventures, all contributed to the round. Swiggy was reportedly in talks to lead Rapido’s … Read more

‘Samsung Smart School’ Programme Launched At Navodaya Schools

At Jawahar Navodaya Vidyalaya (JNV) schools across the country, Samsung has launched its new flagship global citizenship programme, ‘Samsung Smart School.’  The Samsung Corporate Social Responsibility Program, which is part of Samsung’s ‘Together for Tomorrow! Enabling People’ vision, aims to develop tomorrow’s leaders by providing less-privileged students in India with access to the benefits of digital education and Samsung’s own transformative innovations. At its initial year, the programme is being tested in ten JNV schools.   In Varanasi, Gwalior, Raipur, Udaipur, Kangra, Sambalpur, Faridabad, Dehradun, Patna, and Dhanbad, Samsung Smart Schools have been established in JNV schools.  Many of these schools are found in rural areas surrounding major cities. Entreprenuer News Network Bureauentrepreneurnewsnetwork.com

Twitter Confirms Receipt of Unsolicited, Non-Binding Proposal from Elon Musk

Twitter, Inc. (NYSE: TWTR) today confirmed it has received an unsolicited, non-binding proposal from Elon Musk to acquire all of the Company’s outstanding common stock for $54.20 per share in cash. The Twitter Board of Directors will carefully review the proposal to determine the course of action that it believes is in the best interest of the Company and … Read more

Polygon and AlmaBetter partner to impart Web3 education

AlmaBetter, a leading tech upskilling platform, and Polygon, the leading Ethereum scaling blockchain company, announce their partnership to offer programs in blockchain and Web3 development. Polygon will be AlmaBetter’s official curriculum and hiring partner. Polygon has specially curated and designed programs for students and young professionals keeping in with current industry requirements and demand. The … Read more

9am.health Raises $16 Million Series A Funding

9am.health, a fast-growing virtual diabetes clinic that delivers personalized, affordable, and compassionate care directly to consumers, today announced a $16 million Series A funding round, bringing its total funding to date to nearly $20 million. The latest round was co-led by 7Wire Ventures and Human Capital and included participation from new investors StartUp Health and Leaps by Bayer, and existing investors Define Ventures and Founders Fund. 9am.health offers … Read more

Pernod Ricard India Foundation in partnership with the TISS Launches India’s 1st Academic-Corporate Fellowship Program for Transgender Persons

Pernod Ricard India Foundation today announced its partnership with the Tata Institute of Social Sciences (TISS), and the Collective Good Foundation (CGF) to launch India’s first Academic-Corporate Fellowship Program for the transgender community. This program will systemically enable transpersons from underserved communities across India to craft their career paths in the corporate world. With inequitable access to education and … Read more

ITILITE raises $29 Mn in Tiger Global and Dharana Capital led Series C Funding

ITILITE, India’s fastest growing SaaS-based travel and expense management platform, announced its $29 Million Series C fundraise led by Tiger Global and Dharana Capital along with participation from existing investor Matrix Partners India and Tenacity Ventures. Despite adverse market conditions, ITILITE has seen 5x growth since its Series B round in 2020, as companies worldwide … Read more

Observe.ai raises $125M, adding Zoom as an investor

Contact centres are an important aspect of how a company interacts with customers, accounting for a $400 billion market worldwide. Today, a startup that hopes artificial intelligence might improve how agents work within them announced a large round of funding. Observe.ai, a company that uses natural language tools to track voice and text conversations, provide … Read more

Cybersecurity startup Securden raises $10.5M led by Tiger Global

Securden, an IT security startup based in Delaware and Chennai, announced on Wednesday that it had raised $10.5 million in a Series A fundraising round headed by Tiger Global. Together Fund, which focuses on software-as-a-service (SaaS), and Accel, a returning investor, also invested in the round. During Securden’s seed round of $1.2 million in July … Read more

Performance management SaaS startup Mesh raises $11M in Series A Funding

Mesh, a performance management firm, announced on Wednesday that it had raised $11 million in Series A funding from RTP Global. According to the official release, the new funds will be used to help Mesh focus on establishing a global team in order to expand further in the US and APAC regions. Since its inception … Read more