Entreprenuer News Network Bureau 
Cashfree Payments (Cashfree), a leading payments and API banking solutions firm, made a $15 million equity investment in Telr, a major Payment Service Provider (PSP) in the UAE and Saudi Arabia. Cashfree becomes one of the company’s largest shareholders as a result of this transaction. Telr, an award-winning payment gateway solutions provider based in the … Read more
ABL Workspaces, a coworking space provider, has raised Rs 15 crore from Ethik Inc, a Canadian company, for expansion. ABL Workspaces, which opened its first location in Delhi-NCR in December 2017, now has nine locations. ABL Workspaces stated in a statement that company has raised Rs 15 crore in a Series A fundraising round from … Read more
Veg Route, a B2C fresh vegetable Agritech supply chain, announced today that it has received $125K in Pre-Seed Funding. The round was headed by Mohan K, CEO & Mr. Jai Kumar, CTO of Ippopay, Prabhu R, Co-Founder of M2P Fintech, and Omar Bin Brek, Founder of UAE-based Fin-Tech Startup Foloosi. Veg Route is assisting farmers … Read more
Artha Venture Fund (AVF), India’s first early-stage micro-VC fund, led a seed round for InstaAstro, a new-age wellness and spiritual services platform that blends the ancient Indian expertise of Astrology, Yoga, Ayurveda, and Meditation. The company aims to upend the online astrology market by catering to tech-savvy millennials with strong spiritual values. InstaAstro is tackling … Read more
Inflection Point Ventures, one of India’s leading angel investment platforms, led a $ 1 million Pre-Series A round for Parablu. Parablu creates enterprise-class data management systems that are safe and secure. The start-up has developed a solution stack with built-in Data Privacy, as well as an innovative and unique interaction with Microsoft 365 and Google … Read more
EatClub Brands, which operates popular brands like BOX8 & MOJO Pizza has raised $40 million in a round led by Tiger Global. EatClub Brands is a technology first, full-stack cloud kitchen company, and it has one of Asia’s largest cloud kitchen networks. Currently, a total of 8 brands operate out of its 150+ kitchens, GLOBO … Read more
NIIT’s subsidiary, RPS Consulting announced the appointment of Francis Jacob as its President and Business Head. RPS Consulting is a leading provider of training programs on emerging digital technologies for experienced technology professionals, specifically addressing the needs of Global Systems Integrators and Capability Centers of large multinational companies. Francis is a senior leader with over two decades of experience … Read more
STEM Genesis will harness the surge in cryptocurrency investment to fund innovation in STEM that tackles global challenges and helps meet the UN’s Sustainable Development Goals. Dr Jackie Lighten – STEM Genesis founder, University of Exeter– says the project is building a decentralised finance (DeFi) ‘ecosystem’ to support STEM around the world. “Most research grants … Read more
Indiamart Intermesh, a B2B e-commerce startup, has purchased a share in M1xchange, a trade receivable discounting system services firm, for Rs 32.4 crore, the fintech firm announced on Monday. Indiamart had previously announced a plan to buy 7.7% of M1xchange for Rs 32.4 crore, and the transaction is now complete with the fintech firm receiving … Read more
Mumbai Angels Network sponsored a $1 million round of funding for D2C firm Jade Forest. In November 2020, the company raised a $250k seed round. The new money will be put toward expanding geographically and entering the ready-to-drink beverage category. Jade Forest is a luxury non-alcoholic beverage brand founded by Shuchir Suri and Punweet Singh … Read more
ZenOnco.io, an oncology healthcare platform, has raised $1.4 million in a seed round led by Enzia Ventures, with Better Capital, Apollo Hospitals, Titan Capital, Dr Arvind Kumar, and other angel investors participating. According to a news statement from ZenOnco.io, the funds will be used to expand the company’s current activities and introduce new products. ZenOnco.io … Read more
Digiboxx a startup offering cloud storage as a service has raised further financing, bringing its total pre-series A funding to $15 million. CapGro Private Ltd led the investment round. The funds will be invested in product development, expanding into new markets, scaling operations, expanding the company’s personnel, and enhancing its technology platform. Digiboxx, a digital … Read more
Slice, a Bengaluru-based financial firm, is the latest unicorn to join the club, with a five-fold increase in valuation to $1 billion in just six months. In a Series B round headed by New York-based investment companies Tiger Global and Insight Partners, the startup, which distributes credit cards targeted towards young professionals, raised $220 million. … Read more
21K School, India’s first online-only school, just raised $5 million in a pre-Series A financing led by Ronnie Screwvala, Co-Founder and Chairman of upGrad. Santosh Kumar, Yeshwanth Raj Parasmal, Dinesh Kumar, and Joshi Kumar founded 21K School in 2020 with the goal of creating a 100% online school that offers children aged 3 to 18 … Read more
During this hiring season, Samsung plans to hire around 1,000 engineers in India for its three R&D centres. These young engineers will work on cutting-edge topics like AI, Machine Learning, IoT, Deep Learning, Networks, Image Processing, Cloud, Data Analysis, OnDevice AI, and camera technologies. Samsung will hire around 260 engineers from IIT campuses in Delhi, … Read more
Outbrain Inc. (Nasdaq: OB), a leading recommendation platform for the open web, announced today that it has entered a definitive agreement to acquire video intelligence AG, a Swiss-based contextual video technology platform for digital and Connected TV media owners. vi’s contextual and machine learning technology enables media owners to enhance user engagement and monetization by … Read more
“Crypto Gabbar”. The platform is probably the first multi-functional crypto company which tends to solve all your queries related to the crypto world.It includes multiple features for all the crypto lovers so that they stay updated with every single news. Such as – India’s 1st Crypto market portal is introduced to showcase Cryptocurrencies live & … Read more
Vedantu, a pioneer in LIVE online learning, announced today a $3 million ESOPS liquidity initiative for all qualifying employees. The founders will not be part of the repurchase, but top executives and qualifying active employees who have completed the vesting term will be able to sell their ESOP shares. Vedantu launched a $100 million Series … Read more
Mother Sparsh, a premium ayurvedic and natural newborn and mother care brand, has raised Rs 20 crore in Series A funding from ITC, one of India’s leading private sector corporations with a diverse footprint across different industries. Mother Sparsh has created a comprehensive range of infant and mother care products since its start, utilising the … Read more
According to the state-owned Beijing Daily newspaper, Tesla Inc wants to invest up to 1.2 billion yuan to boost manufacturing capacity at its Shanghai factory, allowing it to hire 4,000 additional staff. The material was ascribed to a Shanghai government website for companies’ environmental information submissions, according to the newspaper. Tesla’s Shanghai factory was meant … Read more
