Entreprenuernewsnetwork

DataMesh Group raises $30 million in Series A oversubscribed funding round

DataMesh Group, a full-suite developer of interoperable, proprietary payments-processing, has secured $30m in an oversubscribed Series A funding round to execute on large scale domestic opportunities as well as expanding its footprint in the high growth payments processing industry. The round was led by return investor NAB Ventures and featured significant first time capital from Deutsche … Read more

Infosys Collaborates with Microsoft to Accelerate Industry Adoption of Cloud

Infosys, a global leader in next-generation digital services and consulting, today announced that it will expand its collaboration with Microsoft, to help accelerate enterprise cloud transformation journeys worldwide. According to the Infosys Cloud Radar, enterprises can add up to $414 billion in net new profits, annually, through effective cloud adoption. The report also calculated that adopting cloud improved … Read more

Vodafone Germany, Tech Mahindra expand partnership to Seamless Customer Experience

Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, today announced that it has expanded its partnership with Vodafone Germany towards the transformation of its sales and customer experience processes. As a part of this multi-year engagement, Comviva, a Tech Mahindra company, will deliver a unified sales solution across mobile, fixed, cable and … Read more

Sonata Software signs definitive agreement with Quant Systems Inc.

Sonata Software, a leading Modernization and Digital Engineering company, has announced that Sonata Software North America Inc., (SSNA), a wholly owned subsidiary of Sonata Software Limited (SSL), has signed a definitive agreement with the Shareholders of Quant Systems INC., a Texas (USA) based IT Solutions and Software company, to acquire 100% stake. This acquisition is … Read more

Financepeer becomes LEO1; unveils new brand identity and logo

Edu-fintech startup, Financepeer has unveiled its new brand identity “LEO1”. The new identity reflects the company’s transformation from a Fee Financer to an Education enabler. “This transformation to ‘LEO1’ with a distinctive visual brand identity is a step towards becoming a stronger, pioneering, and more independent entity marking a pan-India presence. Through the rebranding, the … Read more

Geospatial Intelligence Startup Intents Mobi Raises Rs 1.5 CR

Intents Mobi, a Gurgaon based geospatial intelligence startup today announced that it has raised Rs 1.5 CR. The funding was raised on “The Barbershop with Shantanu”, a podcast show helmed by Shantanu Deshpande, Founder – The Bombay Shaving Company. The round saw participation from prominent executives from various organizations. Founded by Tabrez Alam, Naresh Kumar … Read more

Data Analytics Startup Blockfenders Raises $1.5 Mn in Pre-seed Funding

Blockfenders, a data analytics startup, today announced a $1.5 million pre-seed investment round from a variety of institutional and entrepreneurial investors to address this deadlock and help businesses achieve their objectives. Headquartered in Palo Alto, Blockfenders was co-founded in 2022 by friends of 20 years Viraj Phanse and Niranjan Ingale with the aim of making … Read more

On-Demand Workforce Platform Avenue Growth Raises New Round of Funding

On-demand workforce platform Avenue Growth has just secured a fresh round of funding from India Accelerator, the country’s sole seed accelerator programme and member of the Global Accelerator Network. Other well-known businesses, such as Growth Opportunities Fund, IAES Ventures LLP, and the Ministry of Electronics and Information Technology, participated in the financing round as well … Read more

Edology Partners with EDGE Metaversity to Introduce an Online Metaverse Game Design Certification

Edology, an online education provider, has established a strategic alliance with EDGE Metaversity, one of the Unreal Authorised Training Institutes in India, to offer a 9-months Online Metaverse Game Design Certification, an innovative online certification programme for budding game designers. The Metaverse Game Design Certification is intended for people who enjoy gaming and want to create metaverse … Read more

NETGEAR Announces Strategic Partnership with CRESTRON

NETGEAR, the leading provider of networking products that power businesses both large and small, forms a strategic partnership with Crestron Electronics, Inc to support streamlined AV installations. As a part of the association, 4 models of the versatile NETGEAR M4250 AV Line Series switches would now be available directly through Crestron. A dominant player in the growing transition to AV-over-IP, … Read more

With the ‘Hydra 10’ – a compact, wireless RGB keyboard, Portronics announces its entry into the gaming industry

Unleash those true gaming skills within you with a gaming keyboard that helps you take complete control over your game. India’s leading player, and provider of Innovative, Digital, and Portable gadgets, Portronics announces its debut in the gaming industry with its first Wireless RGB Gaming Keyboard ‘Hydra 10’. The keyboard has a premium build with … Read more

Telangana to Play Pivotal Role in India’s E-Mobility Transition

Telangana is committed to providing an impetus to EV adoption and aims to play a pivotal role in India’s transition to electric mobility, said, Shri KT Rama Rao, Minister for IT E&C, MA&UD and Industries & Commerce, Government of Telangana. “We strongly believe India is well equipped to develop as a hub for manufacturing of electric … Read more

ONDC network partners, Delhivery and eSamudaay, come together to enable rural businesses to take flight

Delhivery Ltd., India’s largest fully integrated logistics provider, has partnered with eSamudaay, a software solution provider, to enable rural businesses to scale by serving customers across India. Coming together of Delhivery and eSamudaay, network partners of ONDC, effectively broadens the footprint of local products and aligns with the government of India’s plans of ‘Make in … Read more

Clix Capital targets INR100cr profit in FY24

Clix Capital Services Pvt Ltd (‘Clix Capital’) – one of India’s leading non-banking financial services companies, under a new leadership has made huge strides in turning around its business this year.  Challenged by COVID and the associated lock-downs, several NBFCs and lending institutions struggled to manage growth and asset quality, and Clix was no different.  However, over … Read more

Movate named Industry Veteran Aaron Fender as Chief Delivery Officer

Movate (formerly CSS Corp), a digital technology and customer experience (CX) services company, today announced the appointment of Aaron Fender as Executive Vice President and Chief Delivery Officer for its Digital CX business. Aaron will lead Movate’s global delivery for its digital customer experience business unit, and also serve as an integral part of Movate’s executive leadership team, influencing the … Read more

Lavender Announces $13.2 Million in Funding

Lavender, provider of the leading AI-powered sales email coaching platform, today announced it has raised $13.2 million in funding which includes an $11 million Series A that closed just weeks after a $2.2 million seed round. Norwest Venture Partners led the Series A with participation from Signia Venture Partners. Signia led the seed round with participation from CapitalX and Position Ventures. … Read more