Entrepreneur News Network

Pharma startup V-Ensure raises Rs 130 Cr in Funding

V-Ensure Pharma Technologies, a contract medication manufacturing company, announced on Tuesday that it had raised Rs 130 crore ($17.5 million) in capital from Investcorp and Tanas Capital, an Asia-based private investment group. The new funding will be used to seek expansion prospects in North America, Europe, and other global markets for product development and launch. … Read more

GraphQL developer Hasura turns unicorn, raises $100M in Series C funding

GraphQL innovation leader Hasura today announced that it has secured $100M in funding in a round led by Greenoaks with participation from existing investors Nexus Venture Partners, Lightspeed Venture Partners and Vertex Ventures. The Series C round brings the total capital raised by Hasura to $136.5 million and the company’s valuation to $1 billion. Hasura … Read more

MediBuddy Raises USD 125 Million in Series C Funding

MediBuddy, India’s leading end-to-end digital healthcare platform, has raised USD 125 million in Series C funding from Quadria Capital and Lightrock India along with participation from existing investors Bessemer Venture Partners, India Life Sciences Fund III, Rebright Partners, JAFCO Asia, TEAMFund LP, FinSight Ventures, InnoVen Capital, Stride Ventures, andAlteria Capital. MediBuddy provides its users with … Read more

Convergent Finance LLP to Acquire a Controlling Stake in Jagsonpal Pharmaceuticals Limited

startup funding

Funds managed by Infinity Investment Management and advised by Convergent Finance LLP (“Convergent Funds”), announced the execution of an agreement with the existing promoter shareholders of Jagsonpal Pharmaceuticals Limited (“Jagsonpal”) to acquire approximately 43.7% of the outstanding shares of Jagsonpal at a price per share of INR 235 for a total consideration of INR 2,692 mm (USD … Read more

Increff Raises $12 Million In Series-B Funding

TVS Capital Funds, Premji Invest, and Binny Bansal’s 021 Capital led a $12 million Series B fundraising round for SaaS firm Increff. The funding will be used by the Bengaluru-based business to open offices and enhance its staff in the United States and Europe, as well as to expand its product and service offerings. Increff, … Read more

AiDash acquires farming solutions company Neurafarms.ai

Neurafarms.ai, a developer of geospatial and AI-powered farming solutions, has been purchased by AiDash, a leading provider of satellite- and AI-powered operations, maintenance, and sustainability solutions. AiDash will benefit from the purchase of Neurafarms.ai by strengthening its product line and adding key talent to its high-performing staff. Bhavesh Patidar, co-founder of Neurafarms.ai and leader of … Read more

SoftBank-backed content creator company Jellysmack enters India

Jellysmack, a worldwide digital media and content creator firm sponsored by SoftBank, has launched its creator programme in India. According to a key official at the company, the company will launch its India operations with 21 content creators in Hindi and English, helping them diversify their portfolio across major platforms like Facebook, Snapchat, and YouTube … Read more

DealShare raises additional $45M in ongoing Series E round

DealShare, a social commerce firm located in Jaipur, announced on Thursday that it has raised an additional $45 million as part of its ongoing Series E fundraising round from an Abu Dhabi Investment Authority wholly-owned subsidiary (ADIA). The rapidly developing social commerce startup, founded by Vineet Rao, Sourjyendu Medda, Sankar Bora, and Rajat Shikhar in … Read more

AGRIM raises $10M in Series A led by Kalaari Capital

AGRIM founders

Agrim Wholesale, an agritech firm, raised $10 million in a Series A round led by Kalaari Capital, with current investors Omnivore, India Quotient, and Accion Venture Labs joining in. As part of their Bharat Banking effort, Axis Bank also participated in the round. AGRIM is a digital platform for the agri-inputs business that connects merchants … Read more

Edtech Leap Scholar to invest $20m in Middle East

South Asia’s largest study abroad platform, Leap Scholar, has announced its entry into the Middle East. Over the following year, the company will invest $20 million in the Middle East to build a workforce to handle students’ end-to-end study abroad needs. Students from Saudi Arabia, the United Arab Emirates, Oman, Bahrain, Qatar, Kuwait, Israel, and … Read more

Garmin launches premium smartwatch series for outdoor enthusiasts

Garmin India, a unit of Garmin Ltd.  today launched the renowned Fēnix® 7 Series and the epix™ in India. The newly launched Garmin Fēnix 7 series showcases an array of features like enhanced solar cell efficiency and longer battery life that will provide the customers peace of mind while they engage in various activities. This series also features the first smartwatch in the … Read more

Startek Appoints Global CFO and Global CIO

Startek, a global customer experience (CX) solutions provider, today announced the appointment of Nishit Shah as Global Chief Financial Officer and Jayanta Lahiri as Global Chief Information Officer. Shah and Lahiri report directly to Global CEO Bharat Rao. “I am delighted to have joined the Startek team,” said Shah. “The global Startek footprint and investment in digital-first CX capabilities … Read more

Australian Cricketing Megastar Aaron Finch signs Cricket NFT pact with Rario

Rario, the world’s first officially licensed cricket digital collectibles platform today announced that Australian white-ball captain, Aaron Finch is the latest on the growing list of cricketing superstars to have signed an exclusive contract with them. Aaron joins the likes of Virender Sehwag, Zaheer Khan, Smriti Mandhana, Rishabh Pant, Rashid Khan, Jason Holder, Quinton De Kock, M Siraj, Ruturaj Gaikwad, Shafali Verma as player … Read more

FinTech Firm RapiPay Raises $15M

RapiPay, a fintech firm, announced on Tuesday that it had raised $15 million to develop NYE, a super app for new-age digital banking. Varun Jaipuria (RJ Corp), DLF Family Office, Rahul Gautam (Sheela Foam), and Rohan Kumar led the fundraising round (DS Group). RapiPay claims to be India’s only digital banking company with a physical … Read more

Entri.app raises $7M in Series A Funding

Entri, a Kochi-based online learning platform that empowers applicants through local language lessons, has raised $7 million in a Series A round led by Omidyar Network India, with participation from Boston-based Innospark Ventures and Hong Kong-based private equity firm Integrated Capital. Entri.app, which was founded by Mohammed Hisamuddin and Rahul Ramesh in 2017, claims to … Read more

GOQii Secures $50 Mn In Series C Led By Sumeru Ventures

Sumeru Ventures led a Series C fundraising round for GOQii Inc, which raised $50 million. GOQii, a smart-tech-enabled healthcare platform founded in 2014 by Vishal Gondal and headquartered in California with operations in Mumbai, is a smart-tech-enabled healthcare platform that connects customers to the full preventative healthcare ecosystem. Fitness tracker, app, coaching, healthstore, insurance, and … Read more

EventX raises additional $8M led by GL Ventures

EventX, an Asian-focused event SaaS startup that provides organisations and marketers with event lead generation and event management solutions, acquired an additional $8 million in Series B plus funding on Wednesday, increasing the firm’s Series B total to $18 million. GL Ventures led the round, with participation from other investors. With engineering, business development, and … Read more

Healthtech startup Proactive For Her raises $5.5M in Series A Funding

Proactive For Her, a women’s healthcare firm, raised $5.5 million in a Series A fundraising round headed by Vertex Ventures SEA and India and previous investor Nexus Venture Partners on Wednesday. Achitha Jacob, an IIT-Bombay alumna, created Proactive For Her in 2020 with the goal of delivering judgement-free, progressive, body-positive, queer affirmative, and trauma-informed healthcare … Read more

Enterprise SaaS platform Actyv.ai raises $5M in pre-Series A Funding

Actyv.ai, an enterprise Software-as-a-Service (SaaS) platform, has raised $5 million in a pre-Series A investment from 1Digi Investment Management, the Dubai-based family office of Raghunath Subramanian, the company’s global Chief Executive Officer (CEO). Raghunath Subramanian, Raghu Venkat, and Ramkumar Thirumurthi formed the Bangalore-based firm in April 2019. “We have pioneered the B2B BNPL space in … Read more

Bold Care, A Men’s Health & Wellness Startup, Raises Pre-series A Funding

Bold Care, a science-backed men’s healthcare D2C (direct-to-consumer) start-up, today announced raising Pre-Series A funding from Sharrp Ventures, Anthill Ventures, Stanford Angels & Entrepreneurs, ShipRocket, along with participation from existing investors NB Ventures and Huddle. The undisclosed funding will be used for product development and the company’s growth plans focused towards soon raising Series A … Read more