Entrepreneur News Network

SaaS Labs Raises USD 42 Mn Led By Sequoia Capital

SaaS Labs, a company that creates business automation tools for sales and support teams all around the world, has secured USD 42 million (about Rs 312 crore) in a round headed by Sequoia Capital India. Existing investors Base 10 Partners and Eight Roads Ventures also participated in the Series B fundraising round, according to the … Read more

Consumer electronics brand Mivi raises fresh funding from N+1 Capital

Mivi, a leading domestic consumer electronics brand, has raised an undisclosed amount from N+1 Capital in a debt financing round. N+1 Capital, India’s largest revenue-based growth capital fund, has been affiliated with the previously bootstrapped company as its first financial partner. Mivi is a one-of-a-kind firm based in Hyderabad that specialises in audio gadgets, with … Read more

AI infra firm Pixis raises $100M in Series C funding

Pixis, formerly Pyxis One, announced today that it has raised $100 million in Series C funding. Pixis is a company that provides contextual AI infrastructure with no code for total marketing optimization. The new funding will be used to help the company quickly scale its AI platforms and plugins, as well as expand across North … Read more

Dogsee Chew Raises 50Cr In Series A Funding From Mankind Pharma

Mankind Pharma and previous investor Sixth Sense Ventures led a Rs. 50 crore Series A investment for Dogsee Chew. This is Mankind Pharma’s first foray into the pet food market. Dogsee Chew is the only firm that offers 100% vegetarian dog treats, and it was founded by Bhupendra Khanal and Sneh Sharma, a husband-and-wife team. … Read more

B2B Services Rental Startup Settlrs Raises $1 Mn In Funding

Settlrs, a B2B services rental firm, has raised US$1 million (about Rs 7 crore) in funding from Canbank Venture Capital Fund Ltd and other investors. Vinod Jain Family Office, MaGeHold Pte Ltd, JN Capital, and an unknown angel investor are among the other investors in the firm, which is incubated at NSRCEL, IIM Bangalore (IIMB). … Read more

Viacom18’s Youth, Music, and English Entertainment announces the launch of the NFT marketplace Fully Faltoo

Non-fungible Tokens (NFTs), essentially blockchain-certified digital art, have been gaining immense popularity among brands, artists, celebrities, etc, both in India and globally. India’s leading media conglomerate Viacom18’s Youth, Music and English Entertainment (YME) cluster, is all geared up to set its foot in the rapidly growing digital space of non-fungible tokens with the announcement of the NFT marketplace Fullyfaltoonft.com, … Read more

Apna.co Named Payu’s Shantanu Preetam As Its First Chief Technology Officer

apna.co – India’s largest jobs and professional networking platform has announced the appointment of PayU’s Shantanu Preetam as its Chief Technology Officer. Shantanu will be driving apna’s innovative vision to help the company attain its mission of empowering a billion lives. As the first CTO at apna, Shantanu will be responsible to build upon the … Read more

Uber acquires Australian company Car Next Door

Uber today announced that it had acquired Car Next Door, an Australian company first launched in Sydney in 2012. Car Next Door is a peer-to-peer car-sharing platform which offers convenient access to cars for renters, whilst providing revenue to car owners, making it easy to turn any car into a shared car. The service operates Australia-wide, … Read more

HCL Technologies Named Prabhakar Appana Global Head of AWS Ecosystem Business Unit

HCL Technologies, a leading global technology company, announced the appointment of Prabhakar Appana as Senior Vice President and the Global Head of its AWS Ecosystem Business Unit to further accelerate the company’s #HCLCloudSmart journey. An industry veteran with about 23 years of experience in various leadership roles across geo sales, consulting, technology practices and program … Read more

Sequoia and Lightspeed Invest In $6 MN Seed Funding In IndiGG

IndiGG, Yield Guild Games’ (YGG) India sub-decentralised autonomous organisation (subDAO), has received $6 million in funds to support the play-to-earn movement in India. Sequoia Capital India, Lightspeed Venture Partners, Jump Capital, Variant Fund, Dune Ventures, Griffin Gaming Partners, Transcend Fund, Animoca Brands, Play Ventures, Backed and Sfermion, IVC, Emfarsis, and others were among those that … Read more

Handshake Raises $200M to Help Gen Z Launch Careers

Handshake, the largest early career network, today announced a Series F round of $200 million at a valuation of $3.5 billion—more than double its valuation in 2021. The round, led by Coatue Management and Valiant Peregrine Fund with participation from Base10’s Advancement Initiative, among other investors, reflects unprecedented demand amidst a generational shift in the way people start, jump start, … Read more

Nium Named Robin Gandhi as Chief Product Officer

Nium, a leader in global payments and card issuance for frictionless commerce, today announced the appointment of Robin Gandhi to Chief Product Officer. Gandhi will be responsible for defining and executing product strategy to expand leadership in existing markets and pursue new addressable markets for Nium. His role includes end-to-end product life cycle ownership, from product vision … Read more

Routefusion Raises $10.5 Million

Routefusion, the most comprehensive fintech solution for unlocking global expansion, today announces their $10.5 million Seed Prime Funding Round co-led by Canvas Ventures and Silverton Partners with participation from Haymaker Ventures, Initialized Capital, Sherwin Gandi (co-founder of Jeeves), and Aldrin Clement (co-founder of Novel Bank). Rebecca Lynn, co-founder and general partner at Canvas Ventures, joined … Read more

NuvoAir Series A Funding Reaches $25M to Expand Patient-Centric Care

NuvoAir, a leading digital healthcare company working in chronic disease management, raised $11M in a latest round of financing. The investment was led by Hikma Pharmaceuticals’ venture capital arm, Hikma Ventures, and is an extension of the Series A round, previously announced in June 2021. Additional participation from a new strategic investor and existing investors … Read more

Hikma Ventures leads Series A extension in NuvoAir

Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, announces that its venture capital arm, Hikma Ventures has led a $11 million USD round of financing for NuvoAir, a leading digital health company for chronic disease management and decentralized clinical trials that focuses on complex patients, initially targeting respiratory conditions such as COPD and asthma. The investment is an extension of … Read more

Mantra Health Secures $22M Series A Funding

Mantra Health, the preeminent digital mental health clinic focused on young adults, today announced a $22 million Series A investment, led by VMG Partners. The round includes new investors New Market Venture Partners, Elements Health Ventures, 14W, and Alumni Ventures. Returning investors included Canaan Partners, Global Founders Capital, Baleon Capital, Western Tech Investments, and City … Read more

NFT marketplace Diginoor.io raises $1 million funding

Diginoor, an Indian NFT marketplace that launched with Rajinikanth movie NFTs, announced $1 million in its seed funding. The round saw participation from Contrary Capital, Polygon Fund, Sandeep Nailwal, Kunal Shah, Abdul Wahab Al-Halabi (MD at Embassy Capital), and others. Founded in 2021 by Chennai based teenage entrepreneurs- Shaamil Karim & Yash Rathod, Diginoor aims … Read more

Scripbox Raises $ 21M In Series D Round

Scripbox, India’s first digital wealth manager, said today that it has raised USD 21 million in series-D fundraising from a mix of equity and debt investors. Transpose Platform, DMI Alternative Investment Fund – The Sparkle Fund, InnoVen Capital, Trifecta Capital, KPB Family Trust, LetsVenture, Kube VC, and YY Capital LLC are among the investors in … Read more

Next-Gen Community Investing Platform threedots Raises $4M In Seed Round

Kalaari Capital sponsored a seed round of funding for threedots, a fast-growing next-generation community investing platform. Rishu Garg, Prakhar Bhardwaj, and Akul Agarwal, all BITS Pilani graduates who previously worked together at Groww, formed threedots in March 2021. The founders have worked with startups such as Cleartax and Smallcase and have product and scaling experience. … Read more

Foodtech Platform Pluckk Raises $ 5M In Seed Funding

Pluckk

Exponentia Ventures, a fund focused on new company ideas in both the B2C and B2B space, has invested USD 5 million in PLUCKK (A brand owned by Fruveggiie Tech Pvt limited), a fresh produce food-tech firm. Pluckk, founded by Pratik Gupta in 2021, intends to become India’s first digital commerce company, serving the growing demand … Read more