Entreprenuer News Network Bureau 
Delhi-based vehicle intelligence startup Vecmocon Technologies has successfully secured $10 million in the first phase of its Series A funding round. The round, led by Ecosystem Integrity Fund (EIF), saw participation from Blume Ventures and British International Investment (BII). This new investment follows a $5.2 million pre-Series A round in October 2022, in which Tiger … Read more
Siemens, a global leader in industrial automation, is considering significant workforce reductions as it grapples with financial and macroeconomic headwinds. According to reports from Reuters, the company may cut up to 5,000 jobs in its factory automation division, a move prompted by ongoing struggles within the sector. CEO Roland Busch revealed these potential cuts in … Read more
Hemisphere Ventures, a U.S.-based venture capital and consulting firm known for its early-stage investments in space, cybersecurity, biotech, nanotech, drones, robotics, and other frontier technologies, today announces the opening of a new office in Singapore, marking its first expansion into Southeast Asia. Established in 2014, Hemisphere built an outstanding portfolio of U.S. frontier technology investments, … Read more
DesignX, a startup focused on digital transformation in the manufacturing sector, has successfully raised $1 million in pre-Series A funding from Piper Serica Angel Fund. This new investment follows a $300,000 equity round in 2021, backed by Modular Capital, Accel, and industry veterans. Founded by engineers Rajat Srivastava and Nishant Srivastava, DesignX is on a … Read more
Salesforce, announced the inaugural edition of AI Pitchfield, the first-ever startup pitch competition by the Salesforce Startup Community in collaboration with Salesforce Ventures, Lightspeed India and Khaitan & Co. The competition will bring together B2B SaaS, AI-first, and AI-focused startups in India and across Southeast Asia offering them a chance to put their best pitch forward … Read more
Swiggy, one of India’s leading food delivery and quick commerce platforms, has made strategic moves to strengthen its leadership team, appointing two senior executives to oversee its core operations in food delivery and quick commerce. These appointments come ahead of Swiggy’s highly anticipated stock market debut on November 13, 2024 and are aimed at optimizing … Read more
In an exclusive interview with Shiva Y from Entrepreneur News Network Sanjeev Kumar, the founder of Alphadroid, discusses the burgeoning potential of the robotics industry in India. Despite the country’s current technological lag compared to regions like the U.S. and Europe, Sanjeev highlights Alphadroid’s commitment to pioneering advancements in service robotics, particularly within the hospitality … Read more
Neysa, a pioneering AI Acceleration Cloud System provider, has successfully raised $30 million in Series A funding, co-led by existing investors NTTVC, Z47 (formerly Matrix Partners India), and Nexus Venture Partners. This latest investment follows Neysa’s earlier $20 million seed round this year, showcasing strong investor confidence in its mission to accelerate generative AI innovation … Read more
Ratan Naval Tata, the former chairman of the Tata Group, is a name synonymous with Indian business and philanthropy. His visionary leadership, unwavering commitment to social responsibility, and transformative contributions to the Tata Group have left an indelible mark on India’s industrial landscape. This article delves into Ratan Tata’s journey, his leadership legacy, and the … Read more
Conscious Chemist, a fast-emerging player in India’s Beauty and Personal Care (BPC) industry, has successfully raised INR 12 Cr. in funding from Atomic Capital. In conjunction with the investment, the brand has appointed Apoorv Gautam, Atomic Capital’s Founder and Managing Partner, to its board of directors. Revolutionizing India’s Beauty and Personal Care Market Committed to … Read more
Ecom Express Limited, a technology-driven end-to-end logistics solutions provider, announces the appointment of two senior executives to bolster its leadership team. Mr. Jitendar Kumar joins the Ecom Express team as the Chief Business Officer, while Mr. Abhinav Imandi takes on the role of Senior Vice President – Operations, Process Excellence, and Alternate Channels. Speaking on … Read more
NXTDIGITAL, the rapidly growing digital media division of technology-led customer experience company Hinduja Global Solutions Ltd. (HGS), with a presence in digital television via cable and satellite, broadband, enterprise services, OTT aggregation and content syndication has appointed Jaydeep Sampat as its Chief Technology Officer. Jaydeep, a communications industry veteran with over three decades of experience … Read more
Happiest Health announced the appointment of Arvind Krishnan to lead its Wellness Division as its President & CEO. This comes along with Happiest Health acquiring The Fuller Life to expand its corporate wellness offerings. This business will be available to customers under the HappiZest brand name. This acquisition will help Happiest Health strengthen its offerings … Read more
PickMyWork, a leading platform leveraging gig workers to improve the reach of financial services, has announced the successful completion of its latest funding round. The funding will be used to accelerate the company’s mission to enhance financial services penetration in India’s tier 2 and tier 3 cities. The investment round saw participation from prominent investors, … Read more
N.S. Venkatesh, the highly respected financial professional who led the Association of Mutual Funds in India (AMFI) as its CEO from 2017 to 2023, is now taking on a new role in his illustrious career. He has been appointed as the Chairman of Athachi Finserv, a bespoke investment services organization offering comprehensive long-term wealth creation … Read more
LaunchPilot, an expert-led startup school for aspiring entrepreneurs, announced its entry into India today. The company aims to empower first-time founders and working professionals to build successful businesses through its “Learn, Build, Scale” methodology. LaunchPilot’s comprehensive program equips participants with the skills and knowledge needed to develop their ideas, connect with mentors and investors, and … Read more
