Entreprenuernewsnetwork

SKF India to Invest Up to ₹1,460 Crore by 2030 to Expand Manufacturing Capabilities

SKF India

SKF India, the leading bearings manufacturer, has unveiled plans to invest between ₹1,210 crore and ₹1,460 crore by 2030 to significantly expand its manufacturing capacities in India’s growing industrial and automotive sectors. The strategic investments, detailed in an investor presentation, aim to meet surging domestic demand and position SKF India for future growth. Industrial Expansion … Read more

RevEng.ai Raises $4.1M Seed Funding to Strengthen AI-Driven Cybersecurity Solutions

RevEng.ai

RevEng.ai, a San Francisco-based artificial intelligence and cybersecurity company, has announced the successful close of its $4.1 million Seed funding round, marking a significant milestone in its mission to redefine proactive cybersecurity with advanced AI. The round was led by Sands Capital, with additional participation from In-Q-Tel Capital, IQ Capital, and Episode 1, highlighting strong … Read more

Blostem Raises Seed Funding to Digitize Fixed Deposit Distribution Infrastructure in India

Blostem Founder

Blostem, a leading B2B infrastructure platform for fixed deposit (FD) distribution, has secured fresh seed funding from AC Ventures, further strengthening its efforts to revolutionize how FDs are offered and accessed in India. This latest investment adds to earlier backing from Mobikwik and Kapil Bharti (co-founder of Delhivery), bringing Blostem’s total seed funding to Rs … Read more

Aukera Raises $15 Million Series B to Expand Lab-Grown Diamond Jewellery Brand

Lab-grown diamond jewellery brand Aukera has raised $15 million in a Series B funding round led by Peak XV Partners, with participation from existing investors Fireside Ventures, Sparrow Capital, Prath Ventures, and Alteria Capital. The fresh capital will help the brand accelerate its retail expansion, enhance product innovation, and solidify its presence in India’s fast-growing … Read more

Xona Raises $92 Million to Redefine Satellite Navigation for the Modern Era

Xona’s founding team at their headquarters in Burlingame, CA

Xona, the company pioneering a new era of satellite navigation, has announced $92 million in new funding, bringing its total capital raised to $150 million. The latest Series B round was led by Craft Ventures and included participation from Stellar Ventures, Seraphim Ventures, Toyota Ventures, First Spark, Industrious Ventures, Future Ventures, and NGP Capital. Additionally, … Read more

Gensmo: Revolutionizing Personal Style Discovery with AI-Powered Fashion Agent

Ning Hu, Founder and CEO of Gensmo

New York City, USA – Gensmo, the groundbreaking AI-native fashion agent, is transforming how people discover, curate, and express their personal style. By blending cutting-edge technology with a deep understanding of fashion as an art form, Gensmo makes fashion discovery easier, smarter, and more fun for users worldwide. Real-Time Virtual Try-Ons with Gensmo’s Innovative Technology … Read more

Foresight Raises $5.5 Million Seed Round to Revolutionize Private Market Data

Foresight Founders

Foresight, a New York City-based software company focused on connecting the private market through data, has secured $5.5 million in seed funding. The round was led by NEA with participation from KDX Ventures. Alongside the investment, Madison Faulkner, a partner on NEA’s Technology Investing Team, will join Foresight’s board of directors, further strengthening the company’s … Read more

StayVista Raises ₹40 Crore in Series B Round Led by JSW Ventures to Accelerate Expansion

StayVista Founder

Luxury villa and homestay rental platform StayVista has secured ₹40 crore (approximately $4.6 million) in a Series B funding round led by JSW Ventures, with additional participation from existing backers DSG Consumer Partners and Capri Global Family Office. The Mumbai-based startup, founded in 2015 by Ankita Sheth, Amit Damani, and Pranav Maheshwari, plans to use … Read more

Fashion-Tech Startup ZILO Raises $4.5 Million Seed Funding to Expand Rapid Delivery Service

ZILO, a fashion-tech startup revolutionizing quick commerce in the apparel sector, has raised $4.5 million in seed funding led by Info Edge Ventures and Chiratae Ventures. The capital will enable ZILO to accelerate its journey towards product-market fit, reinforce its hybrid supply chain, build strategic brand partnerships, and expand operations beyond Mumbai into other major … Read more

Raphe mPhibr Raises Record $100 Million in Series B Funding to Scale India’s Aerospace and Drone Manufacturing Capabilities

Raphe mPhibr

Raphe mPhibr, a leading aerospace and defence-tech startup based in Noida, has raised $100 million in an all-equity Series B round, setting a record for the largest private funding in India’s drone and aerospace manufacturing sector. The round was led by General Catalyst, with participation from Amal Parikh, Think Investments, and several high-net-worth individuals (HNIs). … Read more

Rubrik Acquires Predibase to Strengthen GenAI Security and Deployment Capabilities

Rubrik

Cybersecurity firm Rubrik (NYSE: RBRK) has announced the acquisition of Predibase, a San Francisco-based AI company specializing in turning open-source models into production-ready AI solutions. While the financial terms of the deal remain undisclosed, the acquisition marks a strategic move by Rubrik to deepen its capabilities in Generative AI (GenAI) infrastructure and security. Founded by … Read more

GoKwik Raises $13 Million Growth Round to Power Global Expansion and AI-Driven E-commerce Solutions

Gokwik

E-commerce enablement platform GoKwik has secured $13 million in a growth funding round led by existing investor RTP Global. The round also saw participation from Z47, Peak XV Partners, and Think Investments. With this latest funding, GoKwik’s total capital raised has reached $68 million to date. The company previously raised $35 million in a Series … Read more

Utopia Therapeutics Secures $1.5 Million Seed Funding to Advance Next-Gen Obesity Vaccine

Utopia founder

Hyderabad-based biotech startup Utopia Therapeutics has raised $1.5 million in seed funding from Whale Tank to accelerate the development of next-generation vaccines targeting chronic metabolic diseases, with a primary focus on obesity. The newly secured capital will support the preclinical development of Utopia’s lead immunotherapeutic candidate, UT009, and enable the company to move toward regulatory … Read more

Skippi Raises ₹12 Crore in Extended Pre-Series A Round, Plans Middle East Expansion

Skippi

Hyderabad-based ice popsicle brand Skippi has raised ₹12 crore (approximately $1.4 million) in an extended pre-Series A funding round, as per a company statement. The round was led by Dubai-based strategic family offices of Surya, which contributed ₹10 crore, while the remaining ₹2 crore came from other angel investors. Founded in 2021 by Ravi and … Read more

Evera Cabs Secures $4 Million Funding from Mufin Green Finance to Expand Electric Fleet

Evera Founders

Delhi-based electric taxi service provider Evera Cabs has raised $4 million in fresh funding from Mufin Green Finance. The investment was secured through a hybrid structure that includes both convertible debentures and debt financing. This new capital infusion follows Evera’s earlier $7.14 million seed round led by IEG and other investors. The funds will be … Read more

Innovodigm Raises ₹5.5 Crore in Seed Funding to Revolutionize Vaccine Delivery

Med-tech startup Innovodigm has secured ₹5.5 crore in a seed funding round led by the IAN Group (Indian Angel Network), with IAN contributing ₹4.5 crore and the remaining investment coming from PadUp Ventures. The Bengaluru-based startup plans to deploy the fresh capital for process optimization, infrastructure expansion, and team growth to support third-party preclinical validations … Read more