Entreprenuernewsnetwork

EV Social Commerce Platform EVINDIA Raises Funding to Expand Reach

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

Crypto Fantasy GameFi, Kandle, Raises $1.7 Mn in Seed Funding

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

Marthesh Nagendra Elevated to Director of Sales for NETGEAR India, MENA, and SAARC

 NETGEAR, a leading global provider of networking products and solutions, is pleased to announce the promotion of Marthesh Nagendra to the position of Sales Director for India, MENA, and SAARC Region. This promotion comes as recognition of Nagendra’s exceptional leadership and remarkable contributions to the company over the past years. With vast experience in the IT-Networking Industry, he has … Read more

bitsCrunch Incentivized Testnet on CoinList Surpasses 18K Users

bitsCrunch, an Indo-German startup that specialises in AI-powered community-driven NFT data network, has recently launched its incentivized Testnet on the prestigious CoinList platform. The Testnet has already seen overwhelming support from the community, with more than 18,000 users actively participating in Task 3. This limited-time opportunity allows users to earn rewards and play a crucial … Read more

Prakash Jain Named as Group CFO for Buzzworks, India, and Innovations Group, UAE

Buzzworks, India, and Innovations Group, UAE, have officially announced the appointment of Prakash Jain as their Group Chief Financial Officer. Both organizations hold prominent positions in the human resource and recruitment services industry, and with this strategic appointment, Prakash will play a vital role in driving financial excellence and growth across both entities. Prakash brings … Read more

Wipro and Pure Storage Join Forces to Drive Sustainability in Data Storage

Wipro Limited, a renowned technology services and consulting company, has joined forces with Pure Storage, a leading provider of enterprise data storage solutions, to propel clients on their sustainability journey through the power of technology. The objective is to empower customers to create a more sustainable data center footprint by adopting efficient strategies that minimize … Read more

Affinity Acquires Opinary to Expand Global Presence in Europe

Affinity Global Inc, a globally-diversified ad tech firm that provides privacy-friendly advertising solutions and SaaS platforms, has announced its acquisition of Opinary, a Berlin-based consumer engagement focused media tech company. This strategic move solidifies Affinity’s commitment to expanding its global presence in Europe and further strengthening its position in the Ad-Tech industry, while also paving … Read more

Bengaluru-based Ethereal Machines Secures $7.3 Million in Pre-Series A Funding

Ethereal Machines, a Bengaluru-based company specializing in the manufacturing of 5-Axis CNC machines, has successfully raised $7.3 million in a Pre-Series A funding round. The funding was backed by prominent investors such as Peak XV’s Surge, Blume Ventures, Ganapathy Subramaniam, Mathew Cyriac, Lip-Bu Tan, Finvolve, 9Unicorns, Venture Catalysts, and T2D3 Capital, as reported by TechinAsia. … Read more

TVS Credit Services’ AUM Grows 42% in Q1, Adds 10 Lakh New Customers

TVS Credit Services Limited, a leading NBFC in India, has recently disclosed its unaudited financial results for the first quarter of FY24, concluding on June 30, 2023. During this period, the company’s Assets Under Management (AUM) reached an impressive Rs. 21,924 Crore, marking a significant increase of Rs. 6,528 Crore from the previous year’s June … Read more

B2B Proptech Platform Altre Raises $1 Mn In Funding

In a significant boost to the Proptech industry, Altre, a Gurugram-based startup, has successfully raised $1 million in a pre-series A funding round from institutional investors, as reported by Economic Times. Altre is dedicated to leveraging technology to solve real-world challenges in the Commercial Real Estate (CRE) sector. By automating and streamlining CRE processes with … Read more

Income Tax Return: Filing ITR for the first time? Know key points to remember to avoid Rs 5,000 penalty

Filing income tax return (ITR) is a mandatory requirement for all taxpayers in India. If you are filing ITR for the first time, there are a few key points you need to remember to avoid a penalty of Rs 5,000. 1. File your ITR on time The due date for filing ITR for the assessment … Read more

Gushwork.ai Gets $2 Mn in Pre-Seed Funding

Gushwork.ai, a platform that combines AI technology with a remote workforce, has successfully raised $2.1 million in a pre-seed funding round. This funding was led by Lightspeed Ventures, with participation from other investors like B Capital, Sparrow Capital, Seaborne Capital, and Beenext. The startup, based in New York and founded by Nayrhit Bhattacharya (from IIT … Read more

Rs 12,000 Crore Poultry Empire: How This Man Built a Fortune Without IIT or IIM

B Soundararajan and GB Sundararajan, prominent figures in India’s poultry industry, have risen to become some of the wealthiest poultry farmers in the country. Their remarkable journey began back in 1984 when they embarked on their poultry business venture with a modest initial investment of Rs 5000. The location of their first poultry farm was … Read more

Industrial Robotics Company Ati Motors Secures US$10.85 Million in Series A Funding

New investor Athera Venture Partners and existing investors Blume Ventures, Exfinity Venture Partners, and MFV Partners also participate BENGALURU, India and DETROIT, July 21, 2023 /PRNewswire/ — Ati Motors, maker of autonomous industrial robots, today announced the close of its Series A funding round in the amount of US$10.85 million. The investment, occurring alongside the company’s product … Read more

Telegram Adds Story Feature, Letting Users Share Disappearing Content

Telegram, the popular messaging app with over 800 million monthly active users, recently announced the roll-out of a new story feature on its platform. The new feature allows premium users of the app to post stories that can be seen by the audience of their choice, including non-premium users. Users need to update their apps … Read more

Evolvex Accelerator Invests in Seed Round of Metabook XR, VR Learning Platform for K12 Students

volveX accelerator, a startup accelerator spearheaded by a global community of successful founders & strategic angels We Founder Circle (WFC), has announced its recent investment in Metabook XR. It is one of the standout startups from EvolveX’s Cohort 2 launched in September 2022. With a mission to make learning joyful, Metabook XR brings immersive and … Read more