Entreprenuernewsnetwork

Former Executives From Nike and Apple Launch Plaeto, a Pioneering D2C Footwear Brand for Indian Children

Plaeto

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 raises EUR 30 million in funding round led by Jolt Capital and Lightrock

kebony

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

INX Limited Partners with Entoro Capital to List NFTs Offered as Securities

INX

INX Limited, the owner of blockchain-based trading platforms for digital securities and cryptocurrencies, today announced a partnership with Entoro Capital LLC , a leading investment bank for alternative investments and assets, to list Non-Fungible-Tokens offered as securities on INX’s Digital Securities ATS. The partnership comes a few weeks after Entoro, in conjunction with Valhil Capital, … Read more

Admix Raises $25m Series B To Monetize The Metaverse With In-Play

admix

Admix, the leading In-Play monetization company that bridges the gap between gaming content and brands, today announces that it has raised USD $25 million in a Series B round to scale up its In-Play solution worldwide; and establish it as the content monetization layer for the metaverse. Arriving just one year after Admix’s Series A … Read more

HERBOLEA Closes 5M€ Series A Round Led by EU Cannabis Fund OSKARE Capital and Bruce Linton

Herbolea

Herbolea, an Italian company who develops and licenses proprietary, solventless technologies to transform botanicals into superior quality products, is happy to announce the closing of its 5m EUR Series A round, of which 2.5m EUR conditioned to milestone achievement, led by the European medical and pharmaceutical cannabis specialist fund, Óskare Capital. The funds will be used to accelerate growth, expand the team … Read more

Robocorp appoints Silicon Valley Veteran Dave Dabbah as Chief Marketing Officer

Robocorp

Robocorp, the world’s leading open-source process automation platform, announced today that it has expanded its executive team with the appointment of Dave Dabbah as its Chief Marketing Officer (CMO). “In addition to his experience building, leading, and scaling marketing teams, Dave brings a bold vision to Robocorp,” said Antti Karjalainen, co-founder and CEO of Robocorp. … Read more

HDFC Bank, Mastercard, USAID and DFC Launch $100 Million Credit Facility for Micro, Small and Medium Enterprises (MSMEs) in India

Mastercard India

HDFC Bank, Mastercard, U.S. International Development Finance Corporation (DFC), and U.S. Agency for International Development (USAID) today launched a $100 million credit facility to promote and encourage small businesses in India to digitize, while also helping Indian businesses, particularly those that are women-owned, to recover from the economic impacts of the pandemic. COVID-19 has had … Read more

Cryptocurrencies Rising in Value While Becoming More Mainstream Day By Day

Crypto

Bitcoin stormed above $66,000 for the first time, riding a wave of excitement about how the financial establishment is increasingly accepting the digital currency’s rise. APNews reported that one Bitcoin was valued at $66,096, as of 4:15 p.m. Eastern time, after earlier climbing as high as $66,974.77. The digital currency has roared back after sinking below $30,000 during the summer to top its prior record … Read more

Agritech startup Gramophone raises $10 M

Gramophone

Gramophone – a full-stack agri-tech platform – on Tuesday announced that it has raised a $10 million round led by Z3Partners, an early growth investor. Founded by IIT and IIM alumnus Tauseef, Nishant Vats Mahatre, and Harshit Gupta, Gramophone started as agronomy led, agri-input commerce company from MP. In the last two years, it has … Read more

AI platform E42 raises $5.4M in Series A round

e42

Light Information Systems, based in Pune and known for its artificial intelligence-based E42 solutions, announced on Tuesday that it has secured $5.4 million (about Rs 40.4 crore) in a Series A investment led by Pavestone Ventures. Light Information System developed E42, a natural language processing-based AI platform. The platform may be used to build AI … Read more

Infinity Learn acquires edtech startup Teacherr

Infinity Learn

Teacherr, a Hyderabad-based company, was acquired for an unknown sum by Infinity Learn, an edtech startup that is part of the Sri Chaitanya group. Teacherr, which was founded in 2019, is a digital platform for teachers that allows them to attend professional development events, apply for employment, and share notes and best-case practises, allowing for … Read more

Spottabl raises Rs 3.5Cr led by LetsVenture

Spottabl

Spottabl, a SaaS-based HR firm, has acquired Rs 3.5 crore in venture funding from a number of investors. Spottabl was formed in 2020 and has been self-funded till this first round. The startup intends to use the funds for product development and business expansion. Vanishri Deshpande, Satheesh KV, and Anupam Choudhari are the founders of … Read more

Edtech startup Masai School raises capital

Masai

Masai School, an edtech firm in India, has raised an unknown sum of money from 21 angel investors, including CRED Founder Kunal Shah and Paytm Founder Vijay Shekhar Sharma, among others. Some of the key founders and CXOs of firms including as Paytm, CRED, Pine Labs, NoBroker, Delhivery, and Sharechat are among the investors, according … Read more

NFT-focused startup Hyy.pe Raises

NFT

NFT communities’ social platform On Tuesday, Hyy.pe announced that it had raised $2 million in its newest investment round, which was headed by Elevation Capital. Electric Capital has previously invested $1.5 million in the Bengaluru-based business. The round included angel investors such as Ryan Adams and David Hoffman (Founders of Bankless), Santiago Roel Santos (Ro … Read more

SelfDecode Raises $1MM in Crowdfunded Investment Round

Self Decode

SelfDecode – an integrated AI platform providing personalized health recommendations based on DNA, labs, and environmental factors – has raised more than $1 million through crowdfunded investments. The ongoing investment round is being run through WeFunder, a leading securities platform that makes angel investing available to average investors, offering opportunities to build a portfolio of … Read more

Nium Launches First Global Platform For Crypto-as-a-Service And Extends its Banking-as-a-Service Solution

Nium is a leader in global payments and card issuance for businesses.

Nium, a leader in global payments and card issuance for businesses, today launched the fintech industry’s first global Crypto-as-a-Service (CaaS) solution and announced the extension of its Banking-as-a-Service (BaaS) solution to the U.S. Initial API-based elements from the new Crypto-as-a-Service offering will allow financial institutions to add in-demand capabilities for cryptocurrency investment. The cryptocurrency investment … Read more