Entreprenuernewsnetwork

Simplilearn strengthens its leadership named Andrew Wait as Board Member

Simplilearn, the world’s #1 online bootcamp for digital economy skills, today announced the addition of Andrew Wait to the company’s board of members. Andrew’s on-boarding announcement comes on the back of the latest round of fundraising from a consortium led by GSV Ventures, a multi-stage venture capital firm, followed by the company’s acquisition of U.S.-based bootcamp education company, Fullstack Academy. … Read more

EaseMyAI Raises Rs 1.8 Cr in Seed Round

EaseMyAI raised Rs 1.8 Cr in a Seed round led by Inflection Point Ventures (IPV). Started with an aim to develop innovative products with AI adoption, EaseMyAI emphasizes on creating simple, user-friendly products with drag & drop options to empower businesses to customize their solutions. This approach can help make AI more accessible to businesses … Read more

Elevate Now secures pre-seed funding led by W Health Ventures

W Health Ventures, a healthcare focused VC that invests in and grows tech-enabled early-stage healthcare companies, has led a pre-seed funding round in Elevate Now, India’s first medical weight loss company. The funding will help Elevate Now to expand its operations and deliver innovative weight loss solutions to more individuals across India. The company offers … Read more

AI Search Startup SUBTL.AI Raises Angel Funding

Subtl.ai secures angel funding from two modern Indian investors: Vamshi Raju and Mohit Gulati (ITI Growth Opportunities Fund) (Edha Investments, Shreyas Media). They have developed a system that can rapidly respond to any queries from papers, webpages, videos, and knowledge bases by understanding knowledge sources at scale. Built in collaboration with IIIT Hyderabad research, Subtl.ai … Read more

HGS completes acquisition of TekLink International

Hinduja Global Solutions Limited (HGS) , a leading provider of solutions in digital consumer experience (CX), business process management (BPM) and digital media services, today announced it has completed the acquisition of 100% stake in TekLink International, Inc for US$ 58.8 million, subject to earnouts and other customary and agreed adjustments. TekLink International Inc. is … Read more

NFTICALLY Raises $1 Mn in Funding

NFTICALLY, a Web3 ecommerce Martech platform, has raised $1 million in an equity funding round led by Spartan Group and Polygon Ventures. The company will use the funds to expand COMEARTH, the world’s first Gamified Social E-Commerce & Brand Engagement Metaverse ecosystem. Blockchain Founders Capital, Mafatlal family office, and Bollywood producer Subhash Ghai also participated … Read more

Shark Tank India Season 2: Gurugram-based What’s up Wellness Secures 60 Lakhs Funding

Shark Tank India Season 2’s most recent episode saw What’s Up Wellness, a Gurugram-based wellness company that sells delicious gummy supplements, win a whopping 60 lakhs. The firm was highlighted in the episode that aired on February 27, 2023, and it received financing from BoAt’s Aman Gupta, Sugar Cosmetics’ Vineeta Singh, and Shaadi.com’s Anupam Mittal. … Read more

Nail Care Startup O’2 Nails India Raises $150K in Seed Funding

O’2 Nails India, a rapidly expanding nail care start-up in India, has received $ 150K in seed funding from Real Time Angle fund and AIC- BIMTECH. O’2 Nails India will be able to increase its presence in the nation’s expanding nail care market thanks to this strategic funding. O’2 Nails India was founded in 2021 … Read more

Mondelēz International launches global start up program ‘CoLab’ in India

Mondelez International announced the opening of CoLab, its worldwide startup accelerator programme, in India. According to Mondelez, the programme aims to support the nation’s expanding entrepreneurial community, promote growth and innovation, and take the lead in the snacking sector. CoLab and Huddle will work together to develop a platform that will draw in relevant snacking … Read more

Manipal Institute of Technology signs MoUs with International Universities; Technical Institutes and Corporates

Manipal Institute of Technology, has today announced their partnerships with Universiti Malaysia Pahang (UMP) in Malaysia, National Agriculture and Food Research Organization (NARO) in Japan, and Institute of Defence Scientists and Technologists (IDST) and Elcom Innovation. The MoUs are aimed to encourage skilled based learning as well as create a robust platform for international knowledge … Read more

Blingg, a D2C discovery platform, raises $100K from Decentralised Venture Capital and others

DVC (Decentralized VC), a group of specialised syndicates that invest in businesses from pre-Seed through pre-IPO, led a pre-seed investment round for Blingg, a D2C discovery platform, in which $100,000 was raised. Together with other angel investors, the round included 3PM Ventures founder Pavan Kumar. Blingg, which Sanil Jain founded in 2021, asserts to have … Read more

Semiconductor startup Mindgrove raises $2.35M in seed funding

A seed fundraising round led by Sequoia Capital India, Speciale Invest, and Whiteboard Capital raised $3.35 million for the semiconductor business Mindgrove technology, which was incubated at IIT Madras. Ashwini Asokan (Mad Street Den) and Nischay Goel, two individual investors, also took part in the round (Duro Capital). The deeptech business plans to add personnel … Read more

Software startup Chronicle raises $7.5 million in seed funding

Chronicle, a firm that makes presentation software, has raised $7.5 million in a preliminary fundraising round that was jointly led by Accel Partners and Square Peg. Moreover, angel investors from Apple, Google, Meta, Slack, Stripe, Superhuman, OnDeck, and Adobe took part in the round. The business stated that it intended to use the funds obtained … Read more

“EVs will become mainstream in India” says Shashank Srivastava

“EVs will become mainstream but when they will become that is unpredictable. Cost of the acquisition is one of the important factors impeding EV adoption in India, Maruti Suzuki India Limited Senior Executive Officer (Marketing & Sales), Shashank Srivastava said here today. Speaking at the second edition of ABP’s Ideas of India Summit, he said, “If … Read more

Fullerton India Reports Rs. 551 Crore Profit in Third Quarter of FY23

Fullerton India Credit Company Limited, one of the leading NBFCs in the country, reported a profit of Rs 551 crores for the third quarter of FY23. Total Disbursals stood at Rs 19,500 crores, a jump of 41% companies to the corresponding quarter last year. The growth story has been inked under the leadership of Mr … Read more

CoinDCX elevates Vivek Gupta as the CTO

Vivek Gupta, formerly the business’s EVP and Head of Engineering, has been promoted to the position of Chief Technical Officer, according to CoinDCX, India’s largest and most valuable cryptocurrency company (CTO). As the CTO, Vivek will be the company’s technological advocate and play a key role in creating and developing for the business and ecosystem … Read more