Entreprenuernewsnetwork

Mercer | Mettl appoints Amit Pal Singh as CTO

Mercer|Mettl, the global leader in talent acquisition and management, has appointed Amit Pal Singh as CTO to lead its technology and engineering functions. Amit will drive organization’s technological vision to support Mercer|Mettl’s growth journey in the coming years. As the Chief Technology Officer, Amit will be working closely with business, product, and operations to align technology with … Read more

Tech Mahindra and Nokia Collaborate to Drive Enterprise 5G Private Wireless Adoption Globally

Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services & solutions, today announced a collaboration with Nokia, to drive 5G private wireless adoption globally. The collaboration will further strengthen the already standing relationship between Tech Mahindra and Nokia. Tech Mahindra will leverage Nokia’s private wireless DAC solution for customers across industries … Read more

Novo Raises USD 90 Million at a USD 700 Million Valuation

Novo

Novo, the powerfully simple small business banking platform, today announced that the company has raised $90 million in Series B funding at a $700 million valuation. Stripes led the round, with continued participation from existing investors Valar Ventures, Crosslink Capital, Rainfall Ventures, and BoxGroup. This latest round brings Novo’s total funding to more than $135 … Read more

CoinDCX named Divakar Prayaga as SVP & Head of Information Security

Divakar Prayaga has been named Senior Vice President and Head of Information Security at CoinDCX, India’s first crypto unicorn and the country’s safest crypto exchange. Divakar will be important in the development, growth, and maintenance of CoinDCX’s industry-leading security systems, ensuring that customers have a seamless and secure trading experience. Divakar was previously the Head … Read more

Licious named Vakul Agarwal as Vice President – Growth

Vakul Agarwal has been named Vice President, Growth at Licious, India’s first D2C unicorn. Vakul will be spearheading all efforts to drive growth for Licious across all channels as it enters a post-unicorn period. He is an accomplished young leader for digital firms. Other major strategic appointments to the Licious leadership team have preceded Agarwal’s … Read more

OneDios Raises $1.2M In Latest Funding Round

OneDios, a customer support request aggregator platform, has secured USD 1.2 million in a round headed by Indian Angel Network (IAN), LetsVenture, and HNIs like Bhanu Chopra, Akash Bhansali, and the Haldiram Group. OneDios is a  Delhi-based startup, which was launched in 2019, plans to expand the size of its product portfolio with the new … Read more

SaaS Startup Glamplus Raises $700K In Pre-Series A Funding

Glamplus, a SaaS-enabled marketplace firm, has raised $700,000 in a Pre-Series A round headed by Blume Ventures, with participation from current investors IPV and Ramakant Sharma (COO- Livspace). Glamplus is a curated B2B marketplace powered by SaaS that assists and empowers large, medium, and small salons/spas in adopting technology and growing their operations digitally. Glamplus … Read more

Lemme Be Raises INR 5 Crore In Seed Funding

Lemme Be, the brave and unapologetic period care brand of young India, has raised INR 5 crores in its seed round. UNI-M Ventures, managed by Gunnwant Vaid and Aniket Gore, Nikhil Vora, the Founder of Sixth Sense Ventures, and Multiply Ventures, to name a few, were among the investors who believed in the brand. The … Read more

Chennai-Based Fintech Startup Ippopay Raises $2.1M

IppoPay, a one-stop neo-bank for Bharat, has raised $2.1 million in seed funding from Coinbase Ventures, Better Capital, Blume Founders Fund, and a number of high-profile angel investors. IppoPay, which was founded in November 2020, has helped 50,000 offline merchants and daily wage earners in India’s Tier 2, Tier 3, and rural markets enhance their … Read more

SaaS Platform ‘Zeda.Io’ Raises $1.2M Seed Capital

BEENEXT, Binny Bansal’s 021 Capital, and current investors Whiteboard Capital, FirstCheque.vc, and Paradigm Shift Capital have all invested $1.2 million in Zeda.io, a Product Management platform. Zeda.io was founded in Bengaluru in January 2021 and registered in Delaware, USA, to fill a vacuum that Co-Founders Prashant Mahajan and Vaibhav Devpura recognised after building and scaling … Read more

Uber Rival Bolt Raises $711M With a Valuation Of Over $8B

Bolt, an Estonian startup, announced on Tuesday that it has secured 628 million euros ($711.40 million) from a group of investors led by Sequoia Capital and Fidelity Management and Research Co, valuing the company at 7.4 billion euros ($8.38 billion). Bolt, a competitor to Uber’s (UBER.N) ride-sharing and food-delivery firm, secured money in August at … Read more

Logitech G Unveils Lightweight Wireless Gaming Headset

Logitech G, a gaming technology and gear inventor, has unveiled a new ultra-lightweight wireless headset aimed at the modern gamer. The Logitech G435 Lightspeed wireless gaming headset, according to the official statement, delivers on all fronts – comfort, affordability, sustainability, exciting colour variations, multi-platform support, and more — all for the jaw-dropping price of Rs … Read more

Shrinithi Capital raises Rs 300 cr co-lending facility from IndoStar Capital Finance

Chennai headquartered Shrinithi Capital Pvt. Ltd. primarily focussing into commercial vehicle and two-wheeler loans has raised Rs. 300 crore as co- lending facility from IndoStar Capital Finance Ltd. IndoStar Capital Finance Ltd. is a 10,000 crore net worth company owned by Everstone Capital and Brookfield investment, Canada. Shrinithi Capital Pvt. Ltd. has announced about the tie up … Read more

Crib Raises USD 400,000 in its Pre-seed Round to Build the Super Co-living App

Crib, an upcoming SaaS-based marketplace for co-living, has raised $400,000 in its pre-seed round led by Pranay Gupta (Co-founder, 91Springboard) through his AngelList syndicate 91Ventures. The round also saw participation from BlackSoil Capital along with marquee angels from Faad Network. Other notable angel investors are Shashwat Nakrani (Co-founder, BharatPe), Jasminder Singh Gulati (Co-founder, Nowfloats, acquired by Jio), Ajay Yadav (Founder, Roomi), Sarath Sura (Ex-Director, Allahabad Bank), Abdul Paravengal (ex-CBO, Shipper), Rahul Jindal (Director, Google), Uday … Read more

Morgan Stanley leads $22M round in Indian Waste Firm Recykal

Recykal, a Hyderabad-based business-to-business (B2B) waste management and recycling marketplace, has raised $22 million in funding from Morgan Stanley India. Abhay Deshpande, a serial entrepreneur who launched ecommerce platform Malamall in 1998 and ecommerce enablement SaaS platform Martjack in 2007, founded Recykal in 2016. Capillary Technologies later purchased Martjack. Anirudha Jalan, Abhishek Deshpande, Ekta Narain, … Read more

DMI Finance raises $47M equity investment round

DMI Finance Private Limited (DMI Finance) announced the completion of a $47 million equity investment round on Tuesday, including Sumitomo Mitsui Trust Bank Limited as a new investor. Established in 1925, SuMi Trust Bank is Japan’s largest trust bank with JPY 224 trillion (~USD 1.95 trillion) of custody assets and JPY 87 trillion (~USD 760 … Read more