Entrepreneur News Network

Travel App Innovator, TRZMO Announces $1.2 Million in Funding

TRZMO announced $1.2 million in funding from private investors and formation of a strategic advisory board to accelerate adoption of its free flagship app. It replaces multiple travel apps with one dashboard to manage flight updates, gate changes, ground transport, loyalty programs and a myriad of travel logistics from duty-free shopping to dining, weather and … Read more

Alpino Health Foods, a Shark Tank Brand, Raises Funds through Revenue Based Financing before its Seed Round

Alpino Health Foods, the brand of healthy breakfast food products, announced today that it has raised an undisclosed amount in a Revenue Based Financing round from patron investors on the Klub platform. A part of this fund will be dedicated to branding, marketing and building the team. Alpino Health Foods is one of the few brands that … Read more

AiFi Raises $65 Million in Series B Funding

AiFi, the most flexible AI platform that enables retailers to affordably deploy and scale autonomous shopping solutions, today announced a $65 million Series B funding round with participation from ALDI South Group, Żabka Group, REWE, Verizon Ventures, and Qualcomm Ventures LLC, among others. The strategic investments from our retail partners reflect a commitment to scale … Read more

Byju’s raises $800 million,Founder Byju Raveendran Invests $400 Million

BYJU’S, the world’s leading edtech company with 150 million learners globally, today announced it has raised $800 million from Sumeru Ventures, Vitruvian Partners and BlackRock. Byju Raveendran, Founder & CEO of BYJU’S, is also part of the funding round and has made a personal investment of $400 million. Byju Raveendran, Founder & CEO, BYJU’S, said, “We continue to deliver accelerated … Read more

Cooby Announces Us$2.9 Million Funding To Re-imagine Sales Engagement For Whatsapp And Line

Taiwan-based conversation management tool Cooby today announced that they have raised US$2.9 million to date led by Sequoia India’s Surge and Pear VC. In a messaging-first world, the tool helps businesses streamline engagement and individuals to organise their customer conversations and boost inbox productivity. Cooby is Surge’s first startup founded and based in Taiwan. With … Read more

Nazara Commits 30 Cr to Griffin Gaming Partners Fund II over next 3 years

Nazara Technologies Limited, an India based, diversified gaming and sports media company and its wholly owned subsidiary Nazara Technologies FZ LLC announced investment in Griffin Gaming Partners (Griffin) Fund II, L.P as a Limited Partner in the Fund. Nazara Dubai is a Limited partner in Griffin Gaming Partners Fund II, L.P for a capital commitment … Read more

Fintech startup Perfios turns unicorn raises $68M in funding

According to paperwork filed with the Registrar of Companies on Monday, Bengaluru-based Perfios Software Solutions secured around $68 million (Rs 525 crore at current exchange rates) from returning investors Bessemer Venture Partners and Warburg Pincus as part of its ongoing Series C round (RoC). Perfios was founded in 2008 by former Aztecsoft founders VR Govindarajan and Debasish Chakroborty as a business-to-consumer personal finance management solution. In 2012, the company shifted its focus to providing banks and NBFCs with insights based on data analysis of bank statements, tax filings, and business financials for credit evaluation, monitoring, fraud, and other services via its platform. The digital solution from Perfios assists financial institutions in reducing turnaround time and improving credit decisions. … Read more

Edtech unicorn Emeritus raises $350M in debt financing

Emeritus, the global platform for making quality education accessible and affordable to individuals, businesses, and governments worldwide, has announced that it has secured $350 million in debt financing from Canada Pension Plan Investment Board (CPPIB Investments) via its subsidiary CPPIB Credit Investments Inc. According to an official release, the additional cash would be used to … Read more

No-code automation startup Certa raises $15M in Series A

Certa, a San Francisco-based no-code automation platform for procurement and compliance, received a $15 million Series A investment led by Point72 Ventures with participation from Twitch Founder Justin Kan, Dropbox Co-founder and CEO Drew Houston, Mantis VC, and others on Tuesday. Certa, which was founded in 2015, wants to make it easier and safer for … Read more

Immutable Raises $200 Million To Bring Blockchain Gaming To The Masses

Immutable, which is powering the world of NFTs as the leading carbon-neutral, scalable platform for trading NFTs on Ethereum, today announced it secured $200 million in Series C financing led by Temasek, with investments from leading blockchain game juggernaut Animoca Brands and technology company Tencent, bringing its valuation to $2.5 billion. ParaFi Capital, Princeville Capital, … Read more

HDFC Bank Parivartan to train 6,900 Goa youth in healthcare with Wipro GE Healthcare & United Way Delhi

HDFC Bank, under its flagship CSR programme Parivartan, today launched skill training initiative for 6,900 youth in Goa in collaboration with Wipro GE Healthcare and United Way Delhi (UWD). Beneficiaries associated with skilling institutes will be imparted training for various non-technical job roles in the healthcare sector. Apart from training, the students will be provided … Read more

Turnt Gaming’s “Engage to Earn” Fighting Game Draws $4.3M in Funding from Polygon Studios, Shima Capital and Othe

Turnt Gaming, a developer of interactive NFT-based entertainment products and media, today announced it has secured $4.3M in funding from Polygon’s gaming/NFT arm, Polygon Studios, and blockchain investor Shima Capital. These partnerships will accelerate community building for Taunt Battleworld, Turnt’s skill-based fighting game simulator featuring legendary boxing icon Floyd Mayweather and newly announced Mixed Martial … Read more

Boeing Commits US$2 Million to Support Humanitarian Response in Ukraine

Boeing today announced a US$2 million emergency assistance package to support humanitarian response efforts in Ukraine. The assistance package will be directed to organizations working to bring food, water, clothing, medicine and shelter to displaced Ukrainians – including those seeking refuge in neighboring countries. In addition, Boeing will match all qualifying employee contributions made in … Read more

Stella Activates $71M in Funding for Women-led Startups

Stella, a San Diego-based organization that equips, champions and funds women-led startups, has reached a momentous milestone by helping to connect women-led startups with $71 million in funding in 2021. Building on this momentum, the organization is broadening its investor network by launching a five-city Oxytocin Tour which kicks off on March 10, 2022 in … Read more

Scaler acquires online learning platform AppliedRoots for USD 50 Million

Scaler (by InterviewBit), one of the fastest-growing tech upskilling startups, has announced the acquisition of the online learning platform AppliedRoots for 50 million USD to strengthen its Data Science, AI and ML offering. This is the third acquisition for Scaler. Last year (2021), they acquired Coding Minutes and Coding Elements to accelerate the growth of their business. Bootstrapped by a team of six – Srikanth Varma Chekuri, … Read more

Volocopter Raises USD 170 million in First Signing of Series E Financing Round

Volocopter, the pioneer of urban air mobility, has raised USD 170 million in the initial signing of its Series E funding round led by South Korean investor WP Investment, at a pre-money valuation of USD 1.7 billion. Composed of funds by new and existing investors, the money raised will assist with the certification of Volocopter’s … Read more

Just Dogs raises $7M in funding from Sixth Sense Ventures

Just Dogs has acquired $7 million in funding from consumer-focused venture fund Sixth Sense Ventures to develop a full-stack internet experience for pet parents. Just Dogs is a pet product and service omnichannel retailer. According to a release, the firm serves 1.5 lakh customers and has 42 locations. The chain is the largest retailer for … Read more

Contributing to Metaverse Revolution in India, Leading Extended Reality Innovator, AjnaLens, Raises Rs 12 Crore

AjnaLens, Mumbai-based XR hardware and software company raised Rs. 12 crore from renowned investors like Lets Venture Angel Fund, JITO Angel Network & few visionary angel investors, in another round of a Pre-Series A. The one-of-its-kind Indian player in the XR space has clocked funding in the past from noteworthy angel investors like Vijay Shekhar … Read more

Calyptia Raises $5M to Bring Open Source Fluent Bit to the Enterprise, Deliver First-Mile Observability

Calyptia, providers of the leading platform for First-Mile Observability, today announced it has closed a seed funding round of $5 million led by Sierra Ventures and Carbide Ventures, with participation from Bill Tai’s ACTAI Ventures and other angel investors. Calpytia Enterprise, based on the wildly popular open source projects Fluent Bit and Fluentd, enables every company to scale and … Read more

IoT/AI solutions start-up, SpaceAge Labs, raises US$1.25 million in seed funding t

“Growing populations, increased urbanisation, rising labour costs, lack of skilled workers, high safety standards and social distancing stipulations – various factors have been coming together resulting in the strong need for remote monitoring and IoT/AI solutions. This is why we set up SpaceAge Labs – to help governments and corporations improve the way they are … Read more