Entreprenuer News Network Bureau 
Entrepreneur First (EF) is an early-stage talent investing firm that hand-selects exceptionally talented individuals and brings them together to build globally impactful companies from scratch. Established in India in 2019, the global talent investor has now announced the launch of its ‘Graduate program’ for the best of India’s current students and recent graduates. This program is … Read more
LambdaTest, an intelligent omnichannel digital experience testing cloud platform, has announced the addition of advanced AI- powered test intelligence features to its Selenium testing cloud offering. With this latest development, LambdaTest will now enable enterprises with deeper insights into their test execution process and help them better streamline their quality assurance process. LambdaTest has been … Read more
peAR, one of the first startups in Asia-Pacific to make an augmented-reality based in-restaurant ordering app, has raised Rs 4.2 crore in a Pre-series A led by 1crowd and Chennai Angels and co-Led by Inflection Point Ventures (IPV). The funds raised will be utilized to scale the company’s current suite of solutions across geographies and … Read more
Aerem, India’s leading SolarTech platform, today announced the funding of $5 million (~ INR 41 crores) in Pre-Series A round led by climate-tech investor Avaana Capital. The round also saw follow-on participation from Blume Ventures and it includes debt financing of $1.5 million from prominent financial institutions. Mumbai-headquartered Aerem will utilize these funds to expand … Read more
Fastrack, India’s largest youth and accessories brand expands its fashion-tech segment catering to the Gen Z with the launch of Revoltt Series in association with Flipkart. Introducing the best features in the affordable segment, the first in this Flipkart unique series, Fastrack Revoltt FS1 comes with the advanced BT calling facility. Revoltt FS1 offers 1.83” UltraVU display, the brand’s largest … Read more
itel, one of the leading brands of Bharat, launches its new Power Series with the contemporary P40 smartphone. The itel P40 is the first smartphone in this segment to boast an impressive 6000mAh mega battery, a beautiful 6.6-inch HD + IPS Waterdrop display, and a stylish body. This latest addition to the itel portfolio offers … Read more
Moneyboxx Finance Limited, a BSE-listed NBFC that focuses on impact financing by providing business loans to micro entrepreneurs in Tier-III cities and below, secured INR 20 crores term loan from Maanaveeya Development & Finance Private Limited (Maanaveeya), an Indian subsidiary of Oikocredit, a 40-year-old Global Development Financing Institution that responds to the needs of businesses … Read more
Sumitomo Wiring Systems, Ltd., Japan (hereafter “SWS”) and H.K. Wiring Systems Limited (hereafter “HKWS”), a 100% subsidiary of SWS, jointly hold 17.72% shares of Samvardhana Motherson International Limited (hereafter SAMIL). Today, SWS has sold 3.4% shares held in SAMIL through ‘bulk deal’ at stock exchange in India as part of global deleveraging strategy to fund … Read more
Yellow Metal, a lender of gold loans located in Bengaluru, has raised $3 million in a seed investment round headed by MSA Novo, a multi-stage venture capital firm, with participation from Spiral Ventures, a Japanese VC firm, and current investors WaterBridge Ventures and Java Capital. According to the firm, the additional funding will help extend … Read more
Gynoveda, a women’s healthcare firm supported by Ayurveda, has raised $10M in Series A funding, with India Alternatives Fund as the lead investor. Reputable family offices and organisations including Wipro Enterprises, RPG Ventures, Dharampal Satyapal Limited, and Alteria Capital also participated in the round. As a sign of its sustained support for Gynoveda’s mission, previous … Read more
Finsire, a Fintech company specialising in lending infrastructure and asset collateralization API, reported that it has received $1.3M in seed funding from strategic investors. Finsire builds lending enablement services by permitting digital assets to be taken as collateral. The solution allows Banks, NBFCs, fintechs, credit requirement distribution, and depositaries to maximise their lending capabilities. The … Read more
MAGGI, the globally acclaimed brand from Nestle, is launching its first-ever Non-Fungible Tokens (NFTs) in the OneRare Foodverse. A leader in the culinary space, MAGGI has been at the forefront of innovation and bold experimentation for over 40 years in India. With a product loved by all age groups, MAGGI is now set to embrace blockchain technology … Read more
Scaler (by InterviewBit), one of India’s fastest-growing edtech startups, announced its strategic partnership with National Skill Development Corporation (NSDC) to help India meet its growing demand for Software Development Engineers, Data Scientists and Machine Learning specialists through its unique and effective upskilling programs. The collaboration will work towards standardising tech upskilling in emerging high-growth areas … Read more
Oliva Skin & Hair Clinic, one of India’s leading medico-aesthetic dermatology services players, today announced a strategic partnership with Kedaara Capital. With its third investment in the single speciality healthcare segment, Kedaara aims to support and fuel Oliva’s growth towards realizing its vision of becoming India’s most respected and leading medico-aesthetic dermatology chain. The transaction will … Read more
With participation from Equianimity Investments, family offices, and high-net-worth investors, Bengaluru-based Optimized Electrotech has raised Rs 20 crore in a pre-Series B round led by Rajiv Dadlani Group. GVFL, Dholakia Ventures, and Venture Catalysts all participated in the financing. Optimized Electrotech received $1.8 million in a pre-Series A financing from Venture Catalysts in April 2021. … Read more
Jumbotail, a B2B marketplace business based in Bangalore, has secured debt financing of Rs 75 crore from Alteria Capital and Innoven Capital. The business intends to use the money in developing deep sourcing skills and AI-driven technologies to increase client wallet share, boost net sales by 100%, and reach operational profitability in the following 12 … Read more
