Entreprenuernewsnetwork

Galgotias Infra to Invest 500 Crores in Uttar Pradesh – Signs MOU with YEIDA

Suneel Galgotia and Dhruv Galgotia, Directors of Galgotias Infra sign a Memorandum of Understanding with Arun Veer Singh, Chief Executive officer, Yamuna expressway Industrial Development Authority. Galgotias Infra through this MOU has signed a proposed investment worth 510 crores within the next 3 years in warehousing, hotel, housing and hospital projects in Aerocity near Noida … Read more

Dozee partners with British International Investment to transform public healthcare in India

MillionICU, an initiative by Dozee, India’s first AI-based contactless Remote Patient Monitoring (RPM) & Early Warning System (EWS), has partnered with British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, to upgrade 6000 hospital beds in ~140 public hospitals across India and in other regions to transform the public healthcare landscape. The … Read more

Simplilearn named Eric Martorano as CRO – Commercial Business

Simplilearn, the world’s #1 online bootcamp for digital economy skills named Eric Martorano, Chief Revenue Officer (CRO) for its Commercial Business. The appointment is a part of Simplilearn’s larger goal of expanding and strengthening its teams globally to continue delivering the highest-quality upskilling. Martorano brings over 25 years of experience working with customers and partners across the globe and has … Read more

Thomson Digital Ventures into the EdTech Space, Launches Q&I

Thomson Digital, a pioneer in providing publishing solutions to the global publishing fraternity announced its foray into the EdTech industry with the launch of Q&I, a first-of-its-kind assessment-led platform for the preparation of JEE and NEET. Q&I’s radically different approach shifts away from general syllabus-based learning to unique need-based learning. The platform’s adaptive learning engine … Read more

Healthcare AI Firm Qritive Raises $7.5M Funding

Qritive, a leading healthcare AI firm, has announced a $7.5M investment round headed by MassMutual Ventures and supported by SEEDS Capital and Exfinty Venture Partners. Qritive will use the new funds to expand geographically, increase its product portfolio, and assist regulatory clearances. Qritive, which was founded in 2017 by Dr Aneesh Sathe and Dr Kaveh … Read more

Agritech Startup Cropin Raises Rs113 Cr in Funding

Cropin, the global agritech pioneer that created the world’s first agriculture industry cloud, has raised INR 113 crores in funding from new investors Google and JSR Corporation, as well as previous investors ABC Impact and Chiratae Ventures. Cropin Cloud, the company’s recently launched intelligent agriculture cloud platform, will be expanded with the funds to meet … Read more

Sharath Pareddy named as the India Head of Credit and Analytics at Branch International

Branch International, a San Francisco-head based fintech with operations across Nigeria, Kenya, Tanzania, and India, has announced the appointment of Sharath Pareddy as the Head of Credit and Analytics – India effective immediately. A graduate from IIT Kharagpur, Sharath has been working in the analytics and data science space across industries for over 12 years … Read more

The Whole Truth raises USD 15Mn in Series B funding

The Whole Truth (TWT), a 100% clean-label food brand has raised ~USD 15Mn in its Series B round, led by Sequoia Capital India. The round saw participation from existing investors Matrix Partners India and Sauce.Vc. Angel investors who previously invested in the company include Nithin Kamath (Zerodha), Sriharsha Majety (Swiggy) and Jaydeep Burman (Rebel Foods). The … Read more

Athulya Senior Care Raises INR 77 Crore from Morgan Stanley India Infrastructure

Athulya, a leading provider of senior care services in India, has raised INR 77 Crore (US$ 9.3MM) funding from North Haven India Infrastructure Partners, a fund managed by Morgan Stanley India Infrastructure, for its forthcoming expansion. Founded in 2016, Athulya offers assisted living, transition care and home healthcare to address the needs of dependent seniors … Read more

Fintech Start-up BankSathi Raises USD 4M as Pre-series A Round

Bangalore based social commerce platform BankSathi has raised $4M USD in funding from Kotak Securities, Lets Venture, We Founder Circle, Hem Securities and IPV (Inflection Point Ventures). The company has also received funding from Recur Club, Liquiloans, Sunil Singhania (Abakkus), Kunal Shah (CRED), Dr. Ritesh Malik (Innov8), Kailash Biyani (Asian Markets), Mukul Rastogi & Bhaswat Agarwal (ClassPlus), … Read more

Leading Israeli Startup EVR Motors to Showcase Innovative Line of “Trapezoid Stator” Motors at Auto Expo – 2023

Leading Israeli startup EVR Motors will showcase a range of high-power density electric motors, based on its innovative “Trapezoid Stator” motor topology at Auto Expo Components 2023 in Pragati Maidan, New Delhi. EVR motors has developed a unique, patented motor topology: The “Trapezoidal Stator” Radial Flux Permanent Magnet (TS-RFPM) Motor. Compared to standard motors, EVR’s electric motors … Read more

850 happy farmers join Akshayakalpa Organic in 2022, aims to reach 1500 by end of 2023

Akshayakalpa Organic, India’s first certified organic dairy manufacturer has added 450 farmers to their existing cluster of 400 farmers in the year 2022. It has been a humble journey for Akshayakalpa since 2010 with the twin objectives of providing nutritious milk and other dairy products to consumers that are produced by financially successful and independent … Read more

Confluent announces intent to acquire Immerok

US-headquartered Confluent, Inc., the data streaming pioneer, today announced that it has signed a definitive agreement to acquire Immerok. Immerok is a leading contributor to Apache Flink, a powerful technology for building stream processing applications and one of the most popular Apache open-source projects. Immerok has developed a cloud-native, fully managed Flink service for customers looking … Read more

KreditBee Closes 2nd Round of $200 Mn Series D Funding

KreditBee, one of India’s top fintech platforms, raised an additional USD 100 million in primary investment from Advent International (“Advent”), one of the world’s largest and most experienced private equity investors, as part of an extension of its Series D transaction. Mitsubishi UFJ Financial Group (MUFG), Japan’s largest bank, and current investors Premji Invest, Motilal … Read more

HARMAN Introduces DefenSight Cybersecurity Platform at CES 2023

HARMAN, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies and solutions for automotive, consumer and enterprise markets, today announced that its Digital Transformation Solutions (DTS) business unit is introducing DefenSight Cybersecurity Platform to help enterprises keep their IT systems safe and secure using real-time threat intelligence analytics. The new platform will … Read more

MetaMan acquires Drip Project for 1 mn USD

MetaMan, a men’s jewellery business, announced the acquisition of Drip Project, a new-generation cheap luxury jewellery firm, for USD 1 million. This strategic acquisition will strengthen MetaMan’s position in the country’s burgeoning industry for men’s online jewellery. Drip Project Co-Founders – Harsh Maskara will join Metaman as a Co-Founder, and Rohit Golia will join the … Read more