Entreprenuer News Network Bureau 
Beyobo, a B2B commerce enabler that provides comprehensive solutions for cross-border procurement, has raised $5.5 million in Pre-Series A funding led by Inflection Point Ventures. SAN Angels, Indian Angel Network, and Hyderabad 6Angels also participated in the round, along with several other individual angels. The funding round was initiated by CENSIE Capital Partners, who acted … Read more
Partful, a leading aftermarket technology specialist, has successfully raised £2.4M in funding to accelerate the development of its revolutionary 3D parts Software-as-a-Service (SaaS) platform. This platform is revolutionizing the approach to the global aftermarket, which is valued at $400BN. The funding round was led by Par Equity, with active participation from US-based Blumberg Capital. This … Read more
Protect AI, a leading artificial intelligence (AI) and machine learning (ML) security company, has successfully closed a $35M Series A funding round. The funding was led by Evolution Equity Partners, with active participation from Salesforce Ventures and existing investors, including Acrew Capital, boldstart ventures, Knollwood Capital, and Pelion Ventures. To date, Protect AI has raised … Read more
Combining decades of accumulated experience in the insurance space, five industry vets today announced the formation of Modives—a new venture delivering automation to alleviate a painful and time-consuming process for property managers and auto dealers: insurance verification. “One of the pain points for both selling cars and renting properties is that verifying insurance takes too … Read more
ProjectHero, a membership-driven professional network for the construction industry, has taken a significant step towards accelerating the digital transformation of the construction sector with the launch of an innovative AI chatbot called Ustaad AI. This pioneering addition aims to enhance the skills and knowledge of construction workers and small to mid-sized contractors, enabling them to … Read more
Mumbai-based GreenCell Mobility, a prominent pan-India shared electric mobility player, has entered into a Memorandum of Understanding (MoU) with REC, a government of India Public-sector enterprise, for a substantial commitment of INR 3,000 crore to promote sustainable transportation in the country. The INR 3,000 crore MOU, inked with REC, is dedicated to financing over 3,000 … Read more
ZYBER 365, a promising Web3 startup, has achieved a major milestone by raising $100 million in its Series A funding round, led by UK-based SRAM & MRAM Group. This significant investment has valued the startup at an impressive $1.2 billion, earning it the prestigious unicorn status, as reported by multiple media outlets. Founded in May … Read more
FarMart, India’s fastest-growing intelligent food supply network, is proud to announce the launch of its tech platform, Saudabook. In a bold step towards the modernization of the country’s food sector, FarMart is opening its own ERP (FarMartOS) to all food processors and manufacturers in India. Saudabook is India’s first and only technology solution that caters specifically … Read more
Modicare Limited, a prominent direct-selling company in India, has achieved a remarkable milestone by becoming 100% ‘Plastic Waste Neutral.’ Through its unwavering commitment to sustainable practices, Modicare has successfully collected and recycled 100% of post-consumer plastic waste and 100% of pre-consumer plastic packaging waste during the FY 22-23, fulfilling its Extended Producer Responsibility (EPR) mandate. … Read more
Simpl, India’s foremost Checkout Network, today announced the introduction of its innovative Checkout offering, Simpl Pay After Delivery (SPAD) to enhance trust and convenience for millions of customers across the country. With this capability, consumers can choose Simpl Pay After Delivery at the time of checkout which triggers payment only upon successful delivery of the … Read more
Simplilearn, a leading online boot camp offering digital skills training, has reported a substantial increase in demand for its AI/ML programs across its most successful markets, including India, the US, the Middle East, and Europe. Learner data from the company’s platform reveals a remarkable 123 percent surge in demand for AI/ML programs. The dynamic shift … Read more
CleverTap, the versatile engagement platform, has announced a strategic partnership with SpiceJet, one of India’s leading airlines. This collaboration is set to empower SpiceJet in enhancing its customer experience by leveraging CleverTap’s advanced technology to deliver personalized and contextually relevant communication across its web and mobile channels. As a key player in the airline industry, … Read more
Erisha E Mobility, a leading electric vehicle manufacturer, and Lakshmi India Finance have recently inked a Memorandum of Understanding (MoU) agreement to facilitate EV financing. The collaboration’s primary objective is to offer convenient loan facilities to potential customers in Rajasthan, Madhya Pradesh, and Gujarat who are keen on purchasing electric three-wheelers manufactured by Erisha E … Read more
THales (Euronext Paris: HO) has made a significant move in the cybersecurity space with the announcement of its agreement to acquire Imperva, a prominent US-based data and application cybersecurity company, for an enterprise value of $3.6 billion. Thales, a global leader in various industries, including defense, aerospace, and digital security, is looking to bolster its … Read more
EvolveX accelerator, a startup accelerator led by the esteemed We Founder Circle (WFC), a global community of successful founders and strategic angels, has recently disclosed its investment in a Pre-Seed round of EVINDIA. EVINDIA is a groundbreaking influencer-driven social commerce platform catering to EV two-wheeler buyers. Having emerged as a standout startup from EvolveX’s Cohort … Read more
Kandle.xyz, an exciting crypto fantasy GameFi project hailing from Singapore, has recently announced the successful closing of a USD 1.7 million seed round, with Saama leading the investment. The funding injection will be utilized to further develop the platform and expand its user base, with a special focus on their flagship product, ‘Crypto Fantasy Leagues.’ … Read more
