Entreprenuer News Network Bureau 
In addition to a previous interim round with current investors Sequoia Capital and Ribbit Capital, Fi, a neo-bank for working professionals, has secured $50 million at a valuation of $315 million from B Capital Group, Falcon Edge, and others. Fi’s worth has increased sevenfold from their Series A financing in 2020, when it was valued … Read more
Kiko Live, a video-based social commerce firm, has received $1 million in pre-Series A funding. SOSV, a global VC company that led the round, GSF Accelerator, and Venture Catalysts, India’s biggest angel network, all participated in the round. Kiko Live is a video shopping and selling platform that allows local sellers to build an online … Read more
FAO Ventures and CA Holding LLP launched a $1 million fundraising round for The Hosteller, one of India’s fastest growing backpacker hostel networks. The Hosteller, founded in 2014 by Pranav Dangi, is a one-of-a-kind chain of backpacker hostels and an ideal pit-stop for both international and domestic travellers. The Hosteller offers experiential yet affordable and … Read more
Unity Small Finance Bank Limited (Unity Bank), has commenced operations. Having complied with all requisite regulatory approvals, the Bank has begun operations in record time, with a quick turnaround from the RBI’s approval received on October 12, 2021. Unity Bank is founded by Centrum Financial Services Limited (Centrum), the established and profitable small business lending arm … Read more
Home Credit India, a local arm of the international consumer finance provider with operations spanning across Europe and Asia and committed to driving financial inclusion in India, has partnered with Flexmoney, India’s leading full-lifecycle BNPL (Buy Now Pay Later) Digital Credit Network Platform provider to offer Instant Cardless EMI to Home Credit customers across Flexmoney’s … Read more
Zenduty, a B2B SaaS incident management platform has raised INR 14 crore ($1.9 million) as a part of their Pre Series A round, led by Deep Technology and SaaS VC StartupXseed Ventures, along with participation from Powerhouse Ventures, Titan Capital, Supermorpheus, 100X Entrepreneurs, Kwaish, and SF-based Secure Octane Fund, existing and new investors including Anand … Read more
KukuFM, a regional language podcasting network, is in early talks to fund its Series B round, according to two people familiar with the situation. According to one of the two sources, the future round could be worth anywhere between $15 million and $20 million, with existing investors such as India Quotient and Vertex Ventures expected … Read more
Reliance Industries on Friday announced that the smartphone its Jio telecom arm and Google co-created will be available in stores from Diwali for as low as Rs 1,999. While the upfront cost of the JioPhone Next, which comes with a 13 MP rear and 8 MP front camera, 2 GB RAM, 32 GB internal storage … Read more
Prior to its IPO, PB Fintech, the holding company for PolicyBazaar and PaisaBazaar, received Rs 2569.73 crore from 155 anchor investors. The company claimed in a filing with the stock exchanges that the participants included both domestic and overseas investors, with shares distributed at a price of Rs 980 per share. PB Fintech’s initial public … Read more
Purplle.com, one of India’s leading online beauty destinations, today announced a $75M funding, welcoming Kedaara to the cap table, along with doubling down by Sequoia Capital India and Blume Ventures. This comes six months after a $45M funding backed by Verlinvest, Blume Ventures, JSW Ventures, and first-time investor Sequoia Capital India. The investment will augment … Read more
After Amitabh Bachchan recently announced his entry on NFT platform, now the company, Beyondlife.club has deployed the official Drop Wallet to carry out all the associated transactions with the upcoming NFT Drop of Bollywood’s legendary superstar. The auctions will also be live soon & will feature a plethora of NFTs that will exhibit some of the most prized moments from superstar’s journey. … Read more
Polygon, India’s biggest crypto project and one of the most adopted blockchains in the world, has announced BUIDL IT 2k21 Hackathon in collaboration with Devfolio, India’s largest and fastest-growing community of builders. BUIDL IT 2k21, India’s first Polygon-native hackathon, aims to promote Web3 technology and culture among budding Indian developers. Polygon – BUIDL IT This … Read more
SHAREit Group, a global technology company, today announced that its file sharing, content streaming and gaming app SHAREit, has been recognised amongst the Top 10 fastest growing apps globally due to a high volume of downloads during Q3 2021. The rankings of the Top Breakout Apps in Q3 are provided by App Annie, which is … Read more
Infomo Global Limited is pleased to announce the hiring of Alaham Anil Kumar as a Senior Vice President and the Country Director for India. Anil is a seasoned Digital tech professional with core interest in Digital Transformation, AdTech and MarTech platform businesses. His expertise lies in digital partnerships and BD experience with over 24 years … Read more
Ravi Kallayil, Sara Kilgore and Pavan Kareti have a collective experience of three decades, working with global footwear brands such as Nike and Adidas. In 2020, the trio quit their dream jobs to build an innovative Made-in-India footwear brand, designed specifically for Indian children, at an accessible price. Since then, they have been doing extensive … Read more
Kebony, the leading environmentally friendly wood modification technology company, today announces a successful EUR 30 million funding round led by Jolt Capital and Lightrock. Kebony’s vision is to reduce CO2 emissions and tropical deforestation using its patented wood modification techniques, which produce superior wood in an environmentally friendly way. The key disruptive trends in the construction industry … Read more
