Entreprenuernewsnetwork

Honeywell to acquire Civitanavi Systems for aerospace navigation solutions

Honeywell announced the intention to acquire the entire share capital of Civitanavi Systems S.p.A.  Honeywell will initiate a voluntary tender offer to acquire all outstanding shares of Civitanavi for a purchase price of €6.30 per share in cash (an equity value of approximately €200 million at closing). The acquisition will further strengthen Honeywell’s capabilities to help … Read more

Popcorn & Company Raises Rs 75 Lakh Funding on Shark Tank India Season 3

Popcorn & Company, a gourmet popcorn brand bagged an investment worth Rs. 75 lakh in the recent episode of Shark Tank India 3 currently being streamed on the OTT platform Sony LIV. The brand has secured a significant investment from shark Ms. Namita Thapar, Executive director of Emcure Pharmaceuticals. Founded in 2020 by Vikas Suri, … Read more

Sony Unveils Revolutionary BURANO Camera, Redefining Digital Cinema Capabilities

In a groundbreaking announcement, Sony introduces the cutting-edge BURANO camera, the latest addition to its esteemed CineAlta lineup, renowned for its superior digital cinema offerings. Engineered to meet the demands of single-camera operators and small crews, the BURANO sets a new standard in image quality, mobility, and innovation within the digital cinematography sphere. At the … Read more

Mohammed bin Rashid Al Maktoum Global Initiatives and Sobha Realty Join Forces for AED 400 Million Endowment University in Dubai

In a momentous occasion graced by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Vice Chairman of the Board of Trustees of Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), MBRGI and Sobha Realty have entered a charitable grant agreement for the establishment of an endowment university in … Read more

Generative AI SaaS startup – Onetab successfully hosts its first developer community meet – OneBharat

Onetab, the Generative AI SaaS startup kick-started by Saket Dandotia and Alok Patil has launched OneBharat, a series of developer community meets across India. They hosted their first-ever developer community meet at Hyderabad on Saturday which saw attendance from over 100+ tech and AI enthusiasts. This was the first of the multi-city developers meet, which … Read more

AI-Dermatology Platform Cureskin Secures $20M in Series B Funding

Cureskin

Cureskin, an AI-driven dermatology platform that provides clinically validated skin & hair health solutions, has raised Series B funding of USD 20 million. The round was led by India’s leading digital health-focused venture capital fund, HealthQuad along with participation from existing marquee investors including JSW Ventures, Khosla Ventures and Sharrp Ventures. The latest investment brings … Read more

build3 impact Accelerator Invests Rs. 1.5 Crore in 5 Impact Startups

Strengthening its commitment to the impact startup ecosystem, build3, a community-empowered startup studio in Goa, announces the success of its inaugural impact Accelerator cohort, with 5 selected startups receiving funding for their impact ideas. In parallel, with a commitment to nurturing impact ideas into startups, it also announced opening applications and doubling the number of founders … Read more

Servotech EV Infra named Prem Prakash as CEO and Neeraj Gupta as AVP Operations

Servotech EV Infra, a leading player in the EV charging infrastructure sector and a subsidiary of India’s leading EV charger and solar products manufacturer, Servotech Power Systems Ltd., proudly announces the appointment of Prem Prakash as its Chief Executive Officer (CEO) and Neeraj Gupta as its AVP Operations. Prem Prakash, with a career spanning 22 … Read more

Infidigit Named Kiran Washindkar as the Co-Founder

Infidigit, a leader in the organic growth space in India, is poised to accelerate its growth trajectory with the appointment of Kiran Washindkar as Co-Founder & SVP of Growth. In his new role, Kiran will continue to play a pivotal role in furthering organic growth for premium clients with a futuristic approach to integrating AI … Read more

Co-living startup Settl raises Rs 10Cr

Co-living operator Settl has raised Rs 10 crore in a pre-Series A funding round as it now aims to expand its business operations. According to the startup, The round saw participation from Gruhas and We Founder Circle, along with other notable investors like Anthill Ventures, Gurugram-based Inflection Point Ventures, Ah! Ventures, Nila Spaces Limited, Soonicorn … Read more

Spring Marketing Capital invests in jewellery start-up GIVA

Spring Marketing Capital, a marketing consultancy firm, has announced to invest in jewellery start-up GIVA. “I am glad to say we managed to bring Ishen around and happy to announce that Spring Marketing Capital is now an investor in GIVA”, Raja Ganapathy, CEO, Spring Marketing Capital, wrote in the post. Ganapathy appreciated Ishendra Agarwal, founder, GIVA and … Read more

Waaree Energies, India’s Largest Solar Manufacturer to Build 3GW Solar Facility in Texas, Inks Multi-Year Offtake Deal

Waaree Energies, India’s largest solar PV module manufacturer and major supplier to the U.S., announced today it will establish its first U.S. manufacturing facility in the Houston areas. The facility, located in the town of Brookshire, will have the initial capacity to manufacture 3 gigawatts (GW) of solar modules annually by the end of 2024. … Read more

Google.org Awards $4M Grant to CyberPeace Foundation to Help Millions Fight Misinformation in India

To help empower Indian internet users with skills to make them resilient to misinformation, and embrace responsible online behavior, Google.org, Google’s philanthropic arm, has announced it is providing a new grant of US$ 4 million (approx INR 32 crores) to support a nationwide awareness and capability building initiative by the India- headquartered Cybersecurity advocacy global … Read more

Insurtech Startup Onsurity Secures $24 Mn in Funding

Onsurity, a trailblazing provider of monthly subscription-based employee healthcare benefits geared towards SMEs in India, has successfully secured $24 million in Series B funding. This substantial investment round is spearheaded by the International Finance Corporation (IFC), the world’s largest global development institution. Notably, existing investors, Nexus Venture Partners, and Quona Capital, have also enthusiastically participated … Read more

Truecaller Acquires TrustCheckr, A Fraud Detection Service

Truecaller, the leading global communications platform, has acquired the Bengaluru-based company Unoideo Technologies Pvt Ltd. The company provides the service TrustCheckr, which, through a SaaS platform, helps businesses verify customer information and detects risk of fraud based on phone numbers and digital signals. TrustCheckr’s current offering has attracted interest from different industries with the most … Read more

Konect.ai Secures $5.5M Seed Investment from Silverton Partners

Konect.ai, a pioneering SaaS company at the forefront of conversational AI technology for the automotive retail industry, is thrilled to announce a $5.5 million seed investment from Silverton Partners, a prominent venture capital firm based in Austin, Texas. This investment will fuel Konect.ai’s mission to transform the way auto dealerships and auto tech companies engage with their customers … Read more