Entreprenuernewsnetwork

Good Glamm Group Completes Full Acquisition of The Moms Co., Expands Internationally and Prepares for IPO by 2025

The Good Glamm Group has successfully completed the full acquisition of The Moms Co., following the company’s recent announcements of its Sirona transaction and increased shareholdings in its portfolio brands, Organic Harvest and Winkl. Back in October 2021, the Good Glamm Group acquired a majority stake in The Moms Co. through a combination of cash … Read more

MakeMyTrip to Acquire Happay Expense Management Platform from CRED

Happay, a leading provider of corporate expense management solutions, specializes in managing employee travel and tax benefits for businesses. The company offers tailored solutions for large enterprises with multiple branches, as well as surface logistics companies. Under a new agreement, Happay’s brand, expense management services, and dedicated team will transition to MakeMyTrip. The deal is … Read more

Plantible Foods Closes $30 Million Series B Funding

Plantible Foods, a technology company unlocking the power of plants to promote the health and longevity of people and the planet, today announced the closing of a $30 million Series B funding round. The round was co-led by Piva Capital and Siddhi Capital, with participation from new investors Betagro Ventures, Cultivate Next (the venture arm of Chipotle Mexican Grill), Nourish Ventures (the … Read more

Amity Innovation Incubator Hosts Bharat Startup Yatra

Amity Innovation Incubator, in collaboration with the Bharat Startup India Summit (BSIS), organized the Noida Edition of the Bharat Startup Yatra, which saw an enthusiastic gathering of over 1,100 startups and a live audience of 5,000 from 14 countries and 29 cities worldwide. Hosted at Amity University, Noida, the Bharat Startup Festival marks a historic … Read more

Popcorn AI Secures $500,000 to Define Next-Generation Conversational Commerce

Popcorn AI, the future of conversational commerce, today announced its $500,000 pre-seed funding round, with participation from Spring Studio’s fund, backed by Salica Investments and Al Waha Fund of Funds, and strategic angel investors from across the Kingdom of Saudi Arabia. This investment marks a significant milestone in transforming how businesses connect, engage, and transact with their customers … Read more

Vecmocon Technologies Raises $10 Million in Series A Round to Drive EV Innovation

Delhi-based vehicle intelligence startup Vecmocon Technologies has successfully secured $10 million in the first phase of its Series A funding round. The round, led by Ecosystem Integrity Fund (EIF), saw participation from Blume Ventures and British International Investment (BII). This new investment follows a $5.2 million pre-Series A round in October 2022, in which Tiger … Read more

Siemens Plans to Cut 5,000 Jobs in Factory Automation Amid Ongoing Economic Challenges

Siemens, a global leader in industrial automation, is considering significant workforce reductions as it grapples with financial and macroeconomic headwinds. According to reports from Reuters, the company may cut up to 5,000 jobs in its factory automation division, a move prompted by ongoing struggles within the sector. CEO Roland Busch revealed these potential cuts in … Read more

Hemisphere Ventures Expands into Southeast Asia with New Singapore Office

Hemisphere Ventures, a U.S.-based venture capital and consulting firm known for its early-stage investments in space, cybersecurity, biotech, nanotech, drones, robotics, and other frontier technologies, today announces the opening of a new office in Singapore, marking its first expansion into Southeast Asia. Established in 2014, Hemisphere built an outstanding portfolio of U.S. frontier technology investments, … Read more

DesignX Secures $1 Million Pre-Series A Funding to Drive Hyper-Automation in Manufacturing

DesignX, a startup focused on digital transformation in the manufacturing sector, has successfully raised $1 million in pre-Series A funding from Piper Serica Angel Fund. This new investment follows a $300,000 equity round in 2021, backed by Modular Capital, Accel, and industry veterans. Founded by engineers Rajat Srivastava and Nishant Srivastava, DesignX is on a … Read more

Salesforce Launches AI Pitchfield To Fuel AI-Led Innovation Among Startups

Salesforce, announced the inaugural edition of AI Pitchfield, the first-ever startup pitch competition by the Salesforce Startup Community in collaboration with Salesforce Ventures, Lightspeed India and Khaitan & Co. The competition will bring together B2B SaaS, AI-first, and AI-focused startups in India and across Southeast Asia offering them a chance to put their best pitch forward … Read more

Swiggy Expands Leadership Team with Key Appointments Ahead of Stock Market Debut

Swiggy, one of India’s leading food delivery and quick commerce platforms, has made strategic moves to strengthen its leadership team, appointing two senior executives to oversee its core operations in food delivery and quick commerce. These appointments come ahead of Swiggy’s highly anticipated stock market debut on November 13, 2024 and are aimed at optimizing … Read more

Alphadroid’s Bold Vision: Revolutionizing Robotics in India and Beyond – An Exclusive Interview with Founder Sanjeev

In an exclusive interview with Shiva Y from Entrepreneur News Network Sanjeev Kumar, the founder of Alphadroid, discusses the burgeoning potential of the robotics industry in India. Despite the country’s current technological lag compared to regions like the U.S. and Europe, Sanjeev highlights Alphadroid’s commitment to pioneering advancements in service robotics, particularly within the hospitality … Read more

Neysa Secures $30 Million in Series A Funding to Accelerate AI Innovation

Neysa, a pioneering AI Acceleration Cloud System provider, has successfully raised $30 million in Series A funding, co-led by existing investors NTTVC, Z47 (formerly Matrix Partners India), and Nexus Venture Partners. This latest investment follows Neysa’s earlier $20 million seed round this year, showcasing strong investor confidence in its mission to accelerate generative AI innovation … Read more

A Leader for Generations: Ratan Tata’s Enduring Legacy

Ratan Naval Tata, the former chairman of the Tata Group, is a name synonymous with Indian business and philanthropy. His visionary leadership, unwavering commitment to social responsibility, and transformative contributions to the Tata Group have left an indelible mark on India’s industrial landscape. This article delves into Ratan Tata’s journey, his leadership legacy, and the … Read more

Atomic Capital Invests INR 12 Cr in Conscious Chemist

Conscious Chemist, a fast-emerging player in India’s Beauty and Personal Care (BPC) industry, has successfully raised INR 12 Cr. in funding from Atomic Capital. In conjunction with the investment, the brand has appointed Apoorv Gautam, Atomic Capital’s Founder and Managing Partner, to its board of directors. Revolutionizing India’s Beauty and Personal Care Market Committed to … Read more

Ecom Express named Jitendar Kumar as CBO and Abhinav Imandi as SVP

Ecom Express Limited, a technology-driven end-to-end logistics solutions provider, announces the appointment of two senior executives to bolster its leadership team. Mr. Jitendar Kumar joins the Ecom Express team as the Chief Business Officer, while Mr. Abhinav Imandi takes on the role of Senior Vice President – Operations, Process Excellence, and Alternate Channels. Speaking on … Read more