Entreprenuer News Network Bureau 
ZenOnco.io, an oncology healthcare platform, has raised $1.4 million in a seed round led by Enzia Ventures, with Better Capital, Apollo Hospitals, Titan Capital, Dr Arvind Kumar, and other angel investors participating. According to a news statement from ZenOnco.io, the funds will be used to expand the company’s current activities and introduce new products. ZenOnco.io … Read more
Digiboxx a startup offering cloud storage as a service has raised further financing, bringing its total pre-series A funding to $15 million. CapGro Private Ltd led the investment round. The funds will be invested in product development, expanding into new markets, scaling operations, expanding the company’s personnel, and enhancing its technology platform. Digiboxx, a digital … Read more
Slice, a Bengaluru-based financial firm, is the latest unicorn to join the club, with a five-fold increase in valuation to $1 billion in just six months. In a Series B round headed by New York-based investment companies Tiger Global and Insight Partners, the startup, which distributes credit cards targeted towards young professionals, raised $220 million. … Read more
21K School, India’s first online-only school, just raised $5 million in a pre-Series A financing led by Ronnie Screwvala, Co-Founder and Chairman of upGrad. Santosh Kumar, Yeshwanth Raj Parasmal, Dinesh Kumar, and Joshi Kumar founded 21K School in 2020 with the goal of creating a 100% online school that offers children aged 3 to 18 … Read more
During this hiring season, Samsung plans to hire around 1,000 engineers in India for its three R&D centres. These young engineers will work on cutting-edge topics like AI, Machine Learning, IoT, Deep Learning, Networks, Image Processing, Cloud, Data Analysis, OnDevice AI, and camera technologies. Samsung will hire around 260 engineers from IIT campuses in Delhi, … Read more
Outbrain Inc. (Nasdaq: OB), a leading recommendation platform for the open web, announced today that it has entered a definitive agreement to acquire video intelligence AG, a Swiss-based contextual video technology platform for digital and Connected TV media owners. vi’s contextual and machine learning technology enables media owners to enhance user engagement and monetization by … Read more
“Crypto Gabbar”. The platform is probably the first multi-functional crypto company which tends to solve all your queries related to the crypto world.It includes multiple features for all the crypto lovers so that they stay updated with every single news. Such as – India’s 1st Crypto market portal is introduced to showcase Cryptocurrencies live & … Read more
Vedantu, a pioneer in LIVE online learning, announced today a $3 million ESOPS liquidity initiative for all qualifying employees. The founders will not be part of the repurchase, but top executives and qualifying active employees who have completed the vesting term will be able to sell their ESOP shares. Vedantu launched a $100 million Series … Read more
Mother Sparsh, a premium ayurvedic and natural newborn and mother care brand, has raised Rs 20 crore in Series A funding from ITC, one of India’s leading private sector corporations with a diverse footprint across different industries. Mother Sparsh has created a comprehensive range of infant and mother care products since its start, utilising the … Read more
According to the state-owned Beijing Daily newspaper, Tesla Inc wants to invest up to 1.2 billion yuan to boost manufacturing capacity at its Shanghai factory, allowing it to hire 4,000 additional staff. The material was ascribed to a Shanghai government website for companies’ environmental information submissions, according to the newspaper. Tesla’s Shanghai factory was meant … Read more
The ‘Textile Week’ kicked off yesterday at the India Pavilion in EXPO2020 with the country looking at a fresh investment of INR 19,000 crore (USD 2.5 Bn) in the sector, which would be key to a ‘Self-reliant India’ and becoming a preferred global sourcing partner in textiles. The textile industry will showcase India’s rich cultural … Read more
Providing a commercially viable solution to the food industry to dispose of its used cooking oils (UCO), Uranus Oil Corp, a Chennai-based startup in renewable energy and waste management solutions, collects UCO for a price and supplies them to manufacture biodiesel, a cleaner and greener form of diesel. Uranus has recently set a record by collecting … Read more
Drona Pay, a Mumbai-based SaaS solution, has raised $500K in a seed round led by Varanium Capital, Credit Saison, and fintech experts Kunal Shah, Jitendra Gupta, Amrish Rau, and others. Drona Pay, founded in 2021 by Satish Kashyap, Pallavi Narvekar, and Sukhdev Sinh Zala, provides real-time protection for financial institutions using ml and proprietary data … Read more
Pepperfry founders Ambareesh Murthy and Ashish Shah have invested $1 million in food-tech firm Adonia Hospitality. In the next six months, the funding will be used to open six more eateries. The company was founded by Rupesh Kumar Shah and now has 6 restaurants in its portfolio. It is profitable with an ARR of Rs … Read more
Rebel Foods, the parent company of Faasos, has raised an additional $14.5 million in its Series F round. The company had recently raised $175 million in this round at a valuation of $1.4 billion, making it the first full-stack foodtech company to join the coveted club of unicorns this year. The company, founded by Jaydeep … Read more
iotechnology startup Tiamat Sciences today announced its $3 million seed financing round led by Silicon Valley venture capital firm True Ventures with participation from Social Impact Capital and Cantos. Tiamat Sciences manufactures animal-free proteins using a proprietary plant molecular farming platform. By replacing costly bioreactors with plants, the company produces key reagents for biotechnology companies … Read more
