Entreprenuer News Network Bureau 
PingSafe, the cybersecurity startup co-founded by ethical hackers Anand Prakash and Nishant Mittal, has successfully raised $3.3 million in seed funding. The funding round was led by Peak XV Partners (formerly Sequoia India) and attracted participation from several other investors, according to various media reports. Among the investors who participated in this funding round were … Read more
During the first half of 2023, the Indian Startup Ecosystem faced a significant setback in venture capital (VC) funding activity, resulting in a noticeable impact on the overall value, as per GlobalData, a prominent data and analytics company. The report highlights that a total of 568 VC funding deals worth $3.7 billion were announced in … Read more
Dusminute, a hyperlocal grocery-store and managed services startup, has successfully raised Rs 11.5 Crores in a bridge round led by Inflection Point Ventures. The funds will be utilized to fuel Dusminute’s expansion in Bangalore. This funding round also saw participation from multiple existing investors and industry veteran angel investors syndicated by Bandana Kankani, an angel … Read more
Scaler (by InterviewBit), one of India’s fastest-growing edtech startups, today announced the introduction of its GPT-4 powered AI teaching assistant for learners. By integrating ChatGPT functionalities into the Scaler Academy program, the tech upskilling ‘soonicorn’ aims to reduce the doubt resolution turnaround time of the learners, enhancing their learning outcomes. This new system will enable comprehensive … Read more
Unicommerce, India’s leading e-commerce enablement SaaS platform, has demonstrated remarkable performance with around 50% revenue growth in FY 2023. The company has been consistently performing and expanding its presence in India and international geographies of the Middle East and Southeast Asia. The company has been consistently growing its revenue, according to its last RoC filing, … Read more
Blitz (previously known as Grow Simplee), a same-day delivery startup catering to omnichannel sellers, has successfully raised $3 million in a seed funding round from investors such as India Quotient, Better Capital, First Cheque, and Titan Capital. Notably, this funding round also saw participation from prominent angel investors including Farid Ahsan, Abhinav Jain, Rahul Dash, … Read more
Offsite, the marketplace and tech-enabled services provider saving time, money, and stress for remote and hybrid companies planning team retreats, today announced it has raised $3 million to help create more connected workforces through in-person experiences. Since launching in 2021, Offsite has planned hundreds of team retreats in over 15 countries for clients ranging from hospitals to … Read more
Bengaluru-based B2B analytics software startup Factors.ai has successfully raised $3.6 million in a pre-Series A funding round. The funding was led by Stellaris Venture Partners, with participation from Elevation Capital, Emergent Ventures, and notable angel investors such as Kris Rudeegraap of Sendoso, Sreedhar Peddineni of GTM Buddy, and Khadim Batti of Whatfix. The recently secured … Read more
Honeywell (Nasdaq: HON) today announced it has agreed to acquire SCADAfence, a leading provider of operational technology (OT) and Internet of Things (IoT) cybersecurity solutions for monitoring large-scale networks. SCADAfence brings proven capabilities in asset discovery, threat detection and security governance which are key to industrial and buildings management cybersecurity programs. The OT cybersecurity industry … Read more
The Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal launched the curtain raiser of Global Maritime India Summit (GIMS), 2023 here today. The event is aimed at unlocking potential for new investment opportunities along with collaborations for knowledge and technology to enhance cooperation in trade and promote Ease of Doing Business (EODB). … Read more
Simplilearn, the top online bootcamp for digital skills training worldwide, has taken a big step forward today by bringing in three accomplished senior leaders for important roles. Priyam Sachan is now the Vice President – Marketing in India, Kevin Adams takes on the role of Vice President – Commercial Sales in America, and Todd Schuster … Read more
In the vibrant city of Chandigarh, a local pizza brand called La Pinoz Pizza emerged. Despite its name and appearance suggesting otherwise, this brand had its origins right in the heart of the city. It all began in January 2011, when La Pinoz Pizza opened its doors in Sector-9, Chandigarh. This small establishment, known as … Read more
Popular Bollywood actor Suniel Shetty has recently made an investment in Regrip, a startup based in Gurugram that focuses on recycling and re-engineering old/used tires. During an announcement event, Shetty expressed his excitement about joining Regrip and highlighted the importance of recycling and reducing waste to create a greener future. Suniel Shetty has been actively … Read more
Online youth fashion brand Styched has acquired Flatheads, a direct-to-customer (D2C) online casual sneaker startup that gained fame on Shark Tank India season 2. The all-equity transaction marks Styched’s foray into the footwear segment. Founded in 2018 by Ganesh Balakrishnan and Utkarsh Biradar, Flatheads is a Bengaluru-based brand that designs all-day-wear casual sneakers for the … Read more
Okinawa Autotech, India’s top electric two-wheeler manufacturer, has introduced the all-new and advanced version of its flagship model, the ‘OKHI-90’. This upgraded model complies with AIS-156 Amendment 3 regulations and features a state-of-the-art battery pack, next-gen motor, and enhanced technology. In line with Okinawa Autotech’s strategic collaboration with JV partner Tacita (Italy), the company is … Read more
Angel One Ltd. (formerly Angel Broking Ltd.) has reinforced its leadership team with the appointment of Deepak Chandani as Chief Data Officer. This strategic move signifies the Fintech company’s commitment to leveraging data and technology to make a positive impact on a billion lives. As the Chief Data Officer, Deepak will oversee the data and … Read more
