Entreprenuer News Network Bureau 
Spinny, the first full-stack online-to-offline user automobile selling platform, has teamed up with cricket legend Sachin Tendulkar of India. Sachin is both a strategic investor and a leading brand endorser for the firm. The partnership with Master Blaster adds to Spinny’s commitment to assisting young Indians in realising their hopes and aspirations by providing easy … Read more
Pulkit Saboo has joined FloBiz as Director of Marketing. FloBiz is a leading fintech firm and neobank for rising Indian SMBs. Pulkit has extensive marketing experience, having previously worked for Ola for India and foreign markets, Aditya Birla Fashion & Retail, and SABMiller. Pulkit began his career as a software developer at Infosys with over … Read more
Mio, the leading provider of chat interoperability, today announced its Series A financing round of $8.7 million, led by Zoom Video Communications, Inc. and Cisco Investments. Mio will use the funds to enhance its messaging interoperability service for enterprise customers. Users of team collaboration apps like Zoom Chat, Microsoft Teams, Slack, and Webex by Cisco can use Mio … Read more
Zoivane Pets, a network for pet suppliers, has raised $100,000 in a seed round led by We Founders Circle and angel investors such as Hitesh Dhawan, Dhrumil Patel, Joy Gnanamony, and Abhishek Gupta. Zoivane Pets is a pet products and grooming supplies company founded in 2019 by Nishma Singhal and Kshitij Singhal. The money will … Read more
Actress and social media sensation, Arishfa Khan has turned entrepreneur. Seen in TV shows such as Chhal – Sheh Aur Maat, Ek Veer Ki Ardaas… Veera, Jeannie Aur Juju, Uttaran, Meri Durga and several music videos, Arishfa Khan has been ruling social media since long. The 18-year-old is an inspiration to many girls out there … Read more
Router Protocol, a Web 3.0 cross-chain infrastructure project, has raised $4.1 million in a token sale led by Coinbase Ventures, Woodstock Fund, QCP Capital, Alameda Research, Polygon, Wintermute, Shima Capital, TeraSurge Capital, Maple Block, Wami Capital, and Bison Fund, among others. Ramani Ramachandran, Shubham Singh, Chandan Choudhury, and Priyeshu Garg established Router Protocol in 2020. … Read more
Zorro, a fictitious social networking platform, has secured $3.2 million in a seed round headed by 16 unicorn and soonicorn creators. Vijay Shekhar Sharma, Paytm’s founder and CEO; Ritesh Agarwal, OYO Rooms’ founder and CEO; Ankiti Bose, Zilingo’s founder and CEO; Kunal Shah, Founder and CEO, CRED; Ashish Hemrajani, Founder and CEO, BookMyShow; Ashneer Grover, … Read more
Ultraviolette Automotive Pvt Ltd, a Bengaluru-based electric two-wheeler startup, has allegedly secured $14.85 million (Rs 112.5 crore) in a Series C financing from TVS Motor and Zoho Corporation. Ultraviolette is a company that designs, develops, and manufactures electric two-wheelers and accessories. It was founded in 2015. In October of last year, the business raised Rs … Read more
Metro Brands Ltd, a footwear retailer backed by ace investor Rakesh Jhunjhunwala, announced on Thursday that it has raised a little over Rs 410 crore from anchor investors ahead of its IPO on Friday. According to a BSE circular, the company has allotted 82.05 lakh equity shares to anchor investors at Rs 500 each, bringing … Read more
The Reserve Bank of India (RBI) has approved Paytm Payments Bank to operate as a scheduled payments bank, the company announced on Thursday, allowing it to extend its financial services operations. Paytm Payments, as a scheduled payments bank, can participate in government and company RFPs, main auctions, fixed-rate and variable-rate repos, and reverse repos, as … Read more
Shiprocket, a logistics start-up, has signed definitive agreements to raise USD 185 million (INR 1,380 crore) in a Series E fundraising round led by Zomato Ltd, Temasek, and Lightrock India. On this transaction, Avendus Capital served as Shiprocket’s only financial advisor. The newly raised funds will aid the company in furthering its aim to democratise … Read more
Palm NFT Studio, a cryptocurrency startup, announced on Thursday that it has raised $27 million in an early-stage fundraising round headed by Microsoft Corp’s venture fund M12, with participation from Griffin Gaming Partners. Palm NFT, a company co-founded by Joseph Lubin, assists artists in establishing NFT marketplaces. Lubin was also a co-founder of ethereum, the … Read more
Disprz, a leading enterprise skilling startup, today announced it has brought on Anil Kapur as Chief Commercial Officer. In this role, Anil will be responsible for driving growth and expansion in the Middle East and the Asia Pacific by partnering with corporations, training companies, digital HR companies, Government, and other institutions that focus on developing … Read more
CoinDCX, India’s first crypto unicorn and safest crypto exchange, has appointed Anjali Kakkar as Vice President of Corporate Communications, increasing the company’s public outreach and advocacy activities as it continues to grow in India. Anjali was previously the Vice President of Communications at HSBC’s Global Finance Centre, and in her new role, she will be … Read more
3one4 Capital, Saison Capital, Eximius Ventures, First Cheque, and Speciale Invest have all invested $1.5 million in fintech platform Fego.ai. The money will be used to strengthen and expand the startup’s developer services, as well as to grow its team and accelerate the debut of its products to the general market. Fego, which is set … Read more
Samosa Party, a snack-focused cloud kitchen platform supported by angel investment platform Inflection Point Ventures, has received $2 million (Rs 15 crore) in its pre-Series A funding round. Samosa Party, founded by Amit Nanwani and Diksha Pande in 2017, delivers a variety of samosas and tea to customers’ doorsteps. The company now has 15 locations … Read more
CloudSEK, a digital risk management and cybersecurity platform provider based on artificial intelligence (AI), raised $7 million (Rs 50 crores) in a Series A financing headed by MassMutual Ventures on Wednesday. The current round brings the platform’s total funding to $10 million. CloudSEK, founded in 2015 by Rahul Sasi, uses artificial intelligence to forecast cyber-attacks … Read more
Exponent Energy, a technology firm focused on making energy for electric cars (EVs) easier to understand, revealed on Wednesday that it had raised $5 million in a pre-Series A round of funding. YourNest VC, an existing investor, led the round. The funds raised will be used to start commercial operations and scale them across multiple … Read more
Discovery, Inc., the world’s leading provider of live entertainment, announced today that it has acquired the assets, technology, and intellectual property of ZEDO, an advertising technology firm with offices in the United States and India. The acquisition will bring ZEDO’s technology in-house, allowing Discovery’s ad solutions to innovate more quickly. This acquisition adds significant ad … Read more
Rakesh Dhanda has been named Chief Information Officer of Rossari Biotech Limited, a Speciality Chemicals company that provides innovative and sustainable solutions for customers across sectors. Rakesh will be in charge of the Rossari group’s transformation to a digital-first business, bringing with him 20 years of experience in IT Operations and Digital Transformation. He would … Read more
