Entreprenuer News Network Bureau 
According to media sources, Cars24, an online marketplace for selling used automobiles, is in advanced talks to raise a $250-300 million fundraising round led by its existing backer Falcon Edge. Vikram Chopra, Mehul Agrawal, Ruchit Agarwal, and Gajendra Jangid founded Cars24 in 2015, and it became a unicorn last year after a $200 million fundraising … Read more
Ten Indian start-ups showcased their innovations to global investors from the UAE and around the world at the third session of the ‘Elevate’ pitching series held on Sunday in Dubai. Gracing the occasion was Dr. Aman Puri, Consul General of India in Dubai, and Mr. Duncan Mulima, Consul General of Zambia in Dubai. The Indian … Read more
MetaMundo, the 3D NFT marketplace for building the metaverse, announced today it has raised $2.7 million in seed funding. The round was led by Animoca Brands, a global figurehead in gamification and blockchain, with participation from Hypersphere Ventures, Digital Currency Group (DCG), OP Crypto, Metacartel Ventures, Marshland Capital, Own.fund, Polygon Studios, Ascensive Assets, Sfermion, D1 … Read more
In the current environment, there is a need to drive digitised trade for Corporate customers to reduce processing turnaround time and drive businesses efficiently. In light of the latent need, DBS India has introduced a paperless proposition for the financing of domestic invoices by buyers and sellers. The bank now digitally validates the e-Way Bill … Read more
Mogi IO, a B2B Media-Tech SaaS start-up that leverages Artificial intelligence (AI) in building cutting-edge IPs has partnered with Lemma to offer Ad-based revenues on Mogi’s white-label OTT solution to its clients, thereby offering all possible monetisation opportunities to Mogi’s clients. Mogi’s white-label OTT/video app solution is creating disruption in the content industry by offering … Read more
Premagic, a workflow management platform for photographers, has received a pre-seed fundraising round of INR 2 crore from 300 venture capitalists and angel investors. Premagic, a B2B SAAS product for event photography founded in 2018 by Anup Mohan, Anenth Vishnu, and Mevin Chirayath, helps photographers streamline their workflow and substantially improve the efficacy of client … Read more
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
