Entreprenuer News Network Bureau 
LEAD, a school edtech platform, announced on Thursday that it has raised $100 million in a Series E fundraising round led by WestBridge Capital and GSV Ventures at a unicorn value. The company, launched in 2012 by Sumeet Yashpal Mehta and Smita Deorah, is banking on a boom in demand for online education as a … Read more
Turnip, a mobile-first gaming community network, has raised $12.5 million (Rs 92 crore) from Greenoaks Capital and Elevation Capital in a Series A round of funding. Pooja Dubey and Aditya Sharma founded Turnip in April 2020 to allow creators to join clubs where they can stream or record their games for fans, communicate on audio/video, … Read more
A fresh round of fundraising headed by Brighton Park Capital has raised $50 million for TheMathCompany, a data analytics and data engineering startup. This round was also attended by Arihant Patni. TheMathCompany received financial advice from Avendus Capital and legal advice from Shardul Amarchand Mangaldas & Company. TheMathCompany is a data science, data engineering, and … Read more
PointOne Capital, a pre-seed focused venture capital firm, has announced the final closing of its first 50 crore fund. The final close is less than a year after the first close, which occurred in December 2020. Successful Silicon Valley and India-based entrepreneurs, CXOs and seasoned corporate and startup leaders, as well as mid-sized family offices, … Read more
The Flipkart Group today announced the acquisition of Yaantra, an electronics recommerce company, to strengthen its recommerce business and enhance after-sale offerings for its customers in the smartphones segment. Yaantra, incorporated in 2013 by Jayant Jha, Ankit Saraf and Anmol Gupta, is a leading brand that repairs and sells refurbished consumer tech products such as … Read more
True Global Ventures 4 Plus (TGV4 Plus) Fund has invested US$5 million into ChromaWay, leading the US$10 million latest fundraising round. ChromaWay is a leading Web3 pioneer, developing industry-defining blockchain technology platforms since 2014. ChromaWay are the creators of relational blockchain, a class of blockchain platforms that combine the power and flexibility of mature relational database systems with the secure … Read more
Zoom Video Communications, Inc. (NASDAQ: ZM) announced that Zoom Meeting Client version 5.6.6 has become the first video communications client to attain certification for Common Criteria Evaluation Assurance Level 2 (v3.1 rev. 5), issued by the German Federal Office for Information Security (BnSI). Common Criteria is an international standard for objectively evaluating that an IT product satisfies a … Read more
Vedantu, a pioneer in LIVE online learning, today announced the appointment of Pankaj Jain as Chief Financial Officer. In his new role, Pankaj will orchestrate and execute Vedantu’s business finance in order to take the company to new heights. At Vedantu, his key responsibility will be to build and manage a diverse team while ensuring … Read more
Praan, a California and Mumbai-based firm, has announced a $1.56 million investment round headed by Social Impact Capital, with participation from Better Capital, Paradigm Shift Capital, and Avaana Capital, as well as Texas-based Quality of Life Investments (Angel Syndicate) Praan was founded in 2017 by Angad Daryani with the goal of helping people breathe healthier … Read more
The Michael & Susan Dell Foundation led a $10 million Series B fundraising round for Kaleidofin, a neo-bank with a purpose to help consumers achieve their real-life goals by providing intuitive and personalised financial solutions. KaleidoPay is a suite of comprehensive payment solutions that includes KaleidoCredit, a credit as a platform service for lending and … Read more
Rooter, a game streaming and e-sports platform, announced on Wednesday that it has raised $25 million (Rs 185 crore) in a Series A fundraising round headed by Lightbox, March Gaming, and Duane Park Ventures. Piyush Kumar and Dipesh Agarwal founded Rooter in 2016. The startup claims to engage fans with user-generated live audio and video … Read more
KoinWorks, the leading fintech platform in Indonesia, announced a $108 million Series C funding round led by MDI Ventures, the corporate venture arm of Telkom Indonesia with participation from previous equity investors such as Quona Capital, Triodos Bank, Saison Capital, ACV and East Ventures. The funding, which consists of $43 million in equity and $65 … Read more
A seed round led by Touchstone Partners, with participation from ThinkZone Ventures, has secured US$1.1 million for a Vietnam-based social commerce firm. On is a reseller network that allows users to market products to their friends and family while earning fees on each transaction. It was launched in March 2021. For its users, the platform … Read more
Refyne, a Bengaluru-based supplier of earned wage access (EWA) solutions, has raised $82 million in a Series B round of funding headed by Tiger Global Management. The company, which was created in 2020 by Chitresh and Apoorv Kumar, operates on a Business-to-Business-to-Consumer (B2B2C) model, in which a corporation provides a service to its employees as … Read more
India’s largest jobs and professional networking platform, apna.co, has today announced the appointment of ex Coursera data leader, Ronak Shah as the Head of Data at apna. Ronak will be leading apna’s data science and engineering teams to build a data-powered platform that will help apna’s user base to fulfill their aspirations. Ronak’s appointment is … Read more
TECNO, the global premium smartphone brand, has once again donned the mantle of being the industry leader and disruptor with its latest product offering, POP 5 LTE, under its ‘POP Series’ portfolio. Boasting of segment first features such as 6.52 HD+ dot-notch display, 5000mAh battery, 8MP AI dual rear camera, the POP 5 LTE is powered by … Read more
