Entreprenuernewsnetwork

Simplilearn, Purdue University Hosts Convocation Ceremony

Simplilearn, the world’s 1 online boot camp for digital economy skills training, hosted the 9th convocation ceremony along with Purdue University for 1500 post-graduates. Gracing the event with their presence were Professor Bart Collins, Purdue University as the Chief Guest and Mr. Anand Narayanan, Chief Product Officer, Simplilearn as the Guest of Honour.  The convocation ceremony was held to felicitate … Read more

TECNO CAMON 20 Premier 5G: A Flagship Smartphone with Industry-Leading Camera and Desig

TECNO has launched its latest flagship smartphone, the CAMON 20 Premier 5G, in India. The device is packed with cutting-edge features, including an industry-first Sensor-Shift OIS Anti-Shaking Technology, a 50MP RGBW Ultra-Sensitive Sensor for Night Portrait, and a unique CAMON PUZZLE design. The Sensor-Shift OIS Anti-Shaking Technology is the most advanced anti-shake solution in the … Read more

SOS Secures $7.6M in Funding, Supported by Wasserman Ventures and Urban Us Capital

SOS, the female-founded company that is redefining wellness on the go through a fast-growing network of smart vending machines, is announcing $7.6 million in funding in two separate strategic partnerships: a $2.6 million investment round supported by Wasserman Ventures and $5 million round led by Urban Us Capital to support machine production and expansion. Through these partnerships, SOS will leverage the investment to expand into sports arenas, … Read more

PayU India’s New Climate Finance Mechanism Powers Rural Financial Inclusion, Slashing Electricity Emissions

PayU has demonstrated its commitment to sustainability and financial inclusion in India by procuring Distributed Renewable Energy Certificates (D-RECs) from impactful solar projects that provide electricity to rural banks. This move aligns with the growing momentum for corporate climate action and a just transition. D-RECs are an innovative climate finance tool that accelerates the energy … Read more

Volt Money Raises $1.5 Million In Pre-seed Funding Led By Titan Capital And All In Capital

Volt Co-Founders

Volt Money, a leading platform for instant secured loans against mutual funds, has successfully completed a pre-seed fundraising round of $1.5 million. The platform enables mutual fund investors to access cash within 10 minutes, offering favorable terms such as low interest rates, interest-only EMIs, and no pre-payment charges. With the aim of serving 10 crore … Read more

Thriwe, A Delhi-based Company, Secures Investment From Saudi Arabia’s Al Multaq Group, Marking Expansion Into The Saudi Arabian Market

Thriwe, the leading B2B “Benefits as a Platform” company in India, has unveiled its expansion into Saudi Arabia through a strategic partnership with Al Mutlaq, a prominent multi-billion-dollar conglomerate specializing in venture capital and private equity. This collaboration involves an undisclosed investment from Al Mutlaq to support Thriwe’s regional launch and operations in Saudi Arabia. … Read more

TankhaPay secures $2.7 million funding from Japanese investors

TankhaPay, India’s pioneering social security app developed by Akal Information Systems Ltd., secures a substantial $2.7 million funding from prominent Japanese investors. This app addresses the crucial need for social security among informal, gig, and temporary workers by facilitating their inclusion in government schemes such as PF and ESI. TankhaPay formalizes payroll processes, ensuring the … Read more

Tata Group Signs $1.6 billion deal for EV battery plant in Gujarat

India’s Tata Group has reached a preliminary agreement to construct a lithium-ion cell factory in Gujarat, India, as part of its commitment to bolster the electric vehicle (EV) supply chain and reduce reliance on battery imports. With an investment of around 130 billion rupees ($1.58 billion), this initiative aligns with India’s target of achieving 100% … Read more

Inclusive Finance Startup Navadhan Raises $1.5 Mn In funding

Navadhan Capital, a Mumbai-based fintech startup, has successfully raised $1.5 million in a seed funding round. The funding was led by Varanium NexGen, a fintech-focused fund, and included participation from existing investor Anicut Capital. Gemba Capital also contributed to the funding, as stated in a press release via BusinessWire. Navadhan Capital adopts a digital-first approach … Read more

Anthill Ventures Leads ₹3.5 Crore Funding Round For Safearth, A Tech Platform Driving Renewable Energy Adoption

SafEarth, India’s leading renewable energy technology platform, secures ₹3.5 crore in recent funding round. Anthill Ventures, Third Derivative, and Mumbai Angels lead the investment. The funds will support SafEarth’s product development efforts and expansion into new industrial areas nationwide. With a focus on helping industries transition from thermal power to solar energy, SafEarth has completed … Read more

Proptech startup Crib secures 15 crores in seed funding

Bangalore-based prop-tech startup Crib raises Rs. 15 crores in seed funding, co-led by We Founder Circle and Rebright Partners. The round witnesses participation from over 50 renowned founders and tech operators, including Vijay Shekhar Sharma (PayTM), Kunal Shah (Cred), Ghazal Alagh (Mamaearth), Ramakant Sharma (Livspace), Sandeep Aggarwal (Droom, ShopClues), Ravi Bhushan (BrightChamps, Housing), Ankur Aggarwal … Read more

Arkon Energy Bolsters Global Expansion with $26 Million Capital Raise

Arkon Energy Pty Ltd (Arkon), a global data center infrastructure company, today announced the successful completion of a $26 million capital raise with new funding being provided by Sandton Capital Partners, a global credit-oriented asset manager and participation from JGB Management, an existing lender to Arkon. The investment into Arkon is set to bolster the company’s strategic … Read more

Air India Finalizes Order for Up to 290 Boeing Single-Aisle and Widebody Jets

Boeing and Air India today announced they have finalized an order for up to 290 new Boeing jets and expanded services. At the 2023 Paris Air Show, the companies held a signing ceremony to celebrate the historic purchase of Boeing’s market-leading single-aisle and widebody jets to renew and expand Air India’s fleet. The order, which … Read more

Tata Power aims for 25,000 EV charging stations by 2028

Tata Power, a prominent integrated power company in India, is set to significantly expand its EV charging infrastructure across the country. With the growing popularity of electric vehicles, the company aims to surpass 25,000 charging points within the next five years. This commitment reaffirms Tata Power’s previously announced strategy for network growth, which was showcased … Read more

TransBnk, a fintech startup aiming to revolutionize transaction banking in India, secures $1 million in seed funding from 8i Ventures

Mumbai-based fintech startup, TransBnk, has successfully raised $1 million in seed funding. The funding round was led by 8i Ventures, a prominent early-stage venture capital fund known for its successful investments in the fintech sector, including M2P, Slice, and Easebuzz. Other contributors to the funding round include Growthcap Ventures, Leadway Ventures LLP, Growth Sense, as … Read more

L Catterton (LVMH) Invests $60 Million in Indian Pet Food Brand Drools

Drools, a renowned Indian pet food brand, has successfully secured funding from consumer growth investor L Catterton (LVMH). The private equity firm’s investment of $60 million represents a 10% stake in Drools, making it one of the most substantial investments in India’s pet care industry to date. This strategic move not only expands L Catterton’s … Read more