Entrepreneur News Network

Digital identity and authentication platform Bureau raises $12M

Bureau, a frictionless identity verification and fraud protection platform, announced on Thursday that it has raised $12 million in a Series A round led by Quona Capital and Commerce Ventures, with participation from Okta Identity and strategic angels Mark Britto, EVP Chief Product Officer at Paypal, and Bobby Mehta, Retd. President and CEO of TransUnion. … Read more

Acceldata named Gajanana Hegde as Vice President and Head of Global Engineering

Acceldata, the world’s first data observability platform, today announced the appointment of Gajanana Hegde as Vice President & Head of Global Engineering. In this role, Gajanana will lead and oversee Acceldata’s global research and development teams while actively contributing to its growth journey across international markets. To this new role at Acceldata, Gajanana adds more … Read more

Haus & Kinder raises Rs10 cr in Pre-Series A round

Haus & Kinder, a direct-to-consumer business, has raised Rs10 crore ($1.3 million) in a Pre-Series investment led by angel investor Shaival Desai. Early next year, the company plans to raise another $5 million (about Rs 35 crore) in a Series A fundraising round. Haus & Kinder plans to utilise the funds to expand its brand … Read more

Enmovil raised Rs10 cr in Pre-Series A funding

Enmovil Solutions, a logistics technology firm based in Hyderabad, has raised Rs 10 crore in Pre-Series A funding backed by Anicut Angel Fund. In addition to KCT Group, Blackbird Investments, and RB Investments, the company saw participation in this round from KCT Group, Blackbird Investments, and RB Investments. Enmovil is an OEM-centric multi-modal logistics technology … Read more

Frendy raises Rs 10 cr in pre-Series A round

frendy

Frendy, a Gujarat-based community group purchasing platform, has raised Rs 10 crore in pre-Series A funding from Pavitar Singh, Abhishek Khurana, and the Desai family office. Frendy, which is run by Areli Commerce Pvt Ltd, was launched in 2019 by Sameer Gandotra, who got his start with Nebula, a social commerce-based affordable home developer. Through … Read more

Stack secures $4.5 Mn in seed funding

Stack

Y Combinator, Harvard Management, Goodwater Capital, Soma Capital, Uncommon Capital, and Earlsfield Capital led a $4.5 million seed round for Bengaluru-based investment-tech startup Stack. Magic Fund, Side Door Ventures, Dragon Capital, Emles Ventures, Grand Park Ventures, Chandaria Capital, Cleo Capital, AngelList, West Quad, and Olive Tree Capital were among the other investors in the round. … Read more

TranZact raises $7 Mn in Series A round

Tranzact

TranZact, a SME-focused SaaS firm, has raised $7 million in Series A funding from Tribe Capital, with Prime Venture Partners, Gemba Capital, and Kae Capital also participating. Other angel investors who participated in this round included Suhail Sameer of BharatPe, Sriram Krishnan of Ex-Spotify/Tinder, Zetwerk co-founders, OfBusiness co-founders, Devendra Rane of Paytm, Giridhar Malpani of … Read more

Moj and ShareChat parent Mohalla Tech raises US$266 mn

The parent company of Moj and ShareChat, Mohalla Tech, has raised $266 million in a Series G investment. Alkeon Capital led the investment, which was valued at US$ 3.7 billion, and included new and current investors like as Temasek, Moore Strategic Ventures (MSV), Harbourvest, and India Quotient. This is the startup’s third round of funding … Read more

Wipro to Acquire LeanSwift, an Infor Alliance Partner for ERP and E-Commerce Solutions

Wipro

Wipro Limited, a leading global information technology, consulting and business process services company, today announced that it has signed an agreement to acquire LeanSwift Solutions, a Florida, US headquartered system integrator of Infor Products whose service capabilities include ERP, e-commerce, digital transformation, supply chain, warehouse management systems, business intelligence and integrations. LeanSwift has development offices across … Read more

NFT Art Exhibition by India’s Biggest NFT Artists Looking to Open the Doors of NFTs to the World

Cryptoart India Collective is proud to present India’s first dedicated NFT (non-fungible token) Art Exhibition – DAZE on December 18 and 19, 2021 at Lokayata Art Gallery, Hauz Khas, New Delhi. The exhibition is open for all from 11 am to 7 pm. DAZE, i.e Decentralized Art Zone, is hosting its 1st NFT art exhibition to … Read more

Fractal named Manish Tiwari as Chief Information Officer

Manish-Tiwari

Fractal, a global provider of artificial intelligence and advanced analytics solutions to Fortune 500® companies, today announced the appointment of Manish Tiwari as Chief Information Officer. In his role, Manish will be responsible for strategizing and execution of digital transformation for the company and oversee IT operations, cyber security & risk management. Manish is a … Read more

Coinsbit India launches its highly anticipated INR deposits and withdrawals

Coinsbit India has received massive response from the community, onboarding 1+ million KYC verified users, to become India’s fastest growing exchange. They also organized India’s largest Airdrop yet with CIN, giving out users upto $200 worth of CIN tokens. Besides this Coinsbit India also introduced our 5-level referral scheme and staking options in addition to the … Read more

Depixus Raises EUR 30.6M (USD 35.4M) in Series A Financing

Depixus®, a biotechnology company developing a unique technology for the fast, accurate, and straightforward extraction of multiomic information from DNA, RNA, and proteins, today announces it has raised EUR 30.6 million in an oversubscribed Series A financing. The funds will be used to further develop its proprietary MAGNA™ instrument system, workflows, and reagents towards commercial launch. The round was co-led by … Read more

Paytm launches Paytm Wealth Academy, a first of its kind tech-powered educational platform for traders and investors

India’s leading digital ecosystem for consumers and merchants Paytm (owned by One97 Communications Limited) today announced the launch of Paytm Wealth Academy, a first of its kind tech-powered educational platform. The launch of the wealth academy is initially on the Paytm Money app, the wealth management app owned by Paytm’s wholly-owned subsidiary Paytm Money. The … Read more

E-commerce platform Evenflow raises pre-Series A funding

Evenflow, an e-commerce roll-up platform, has received an unknown amount of money from Village Global, Venture Catalysts, and 9Unicorns in a pre-Series A round. Emil Michael, Anand Chandrasekaran, Vijay Shekhar Sharma, Kunal Shah, and MageHold, among others, were among the angel investors who took part in the round. The new money will be used to … Read more

Gurucool scoops up $150k pre-seed funding

Gurucool, an ed-tech firm, has acquired $150k in pre-seed funding from Parvez Jasani, an angel investor, and FreeFlow Venture Builders. The funds will be used to establish a strong team, strengthen the company’s technical platform, and expand the company’s operations both in India and beyond. Gurucool, founded by Adil Meraj and Khansa Fahad in 2019, … Read more

BharatX raises $250K in a pre-Seed funding round

Bengaluru-based BharatX, a fintech firm that enables consumer placing platforms to offer credit-as-a-feature, has secured $250,000 (about Rs 1.81 crore) in a pre-Seed investment round spearheaded by prominent angel investors and other industry experts to help the Indian market embrace Embedded Credit. Mehul Nath Jindal, Eeshan Sharma, Shyam Murugan, and Siddharth Venu, who are also … Read more

New Age Beauty and Wellness Ecosystem kindlife.in Raises Seed Funding from Kalaari Capital and Other Leading Investors

Kindlife

kindlife, a new age beauty and wellness ecosystem enabling commerce, community, and brands, has raised an undisclosed amount for their seed round. Founded by Radhika Ghai, kindlife enables consumers to shop for 150+ curated kinder brands across beauty, nutrition, and home care. The fundraise was led by Kalaari Capital under their CXXO initiative. Vani Kola, … Read more

Leading Crypto-Focused Asset Manager Hashdex Continues U.S. Expansion While Crossing $1 Billion in Assets

Hashdex, a leading global crypto-focused asset manager that recently surpassed $1 billion in assets under management, today announced that it has appointed Matthew Flood as Head of Business Development-U.S. and Jack Song as Head of Corporate Communications and Chief of Staff-U.S., newly created leadership positions to support the firm’s accelerating operation in the United States. … Read more

Mesh Payments Raises $50 Million Led By Tiger Global

Mesh-Payments

Mesh Payments, a leading corporate payment and spend management platform, announced today that it has raised $50 million in Series B funding led by Tiger Global. Other investors include Entrée Capital, Falcon Edge Capital and existing investors TLV Partners and Meron Capital. Mesh plans to use the funding to continue its accelerated growth, expand its … Read more