Entreprenuer News Network Bureau 
Rajamohan Jabbala named Bonito Designs, a premier full-service interior design firm, as CTO. Rajamohan will play a crucial part in creating Bonito Designs’ competitive edge as a technology-enabled business in their present and future market area because to his considerable experience in the IT and start-up sectors. Bangalore will serve as his base of operations. … Read more
DBS Bank India announced its partnership with Gofrugal Technologies Pvt. Ltd., a seller-centric platform offering Omnichannel ERP solutions. The company empowers enterprise customers, including micro, small and medium enterprises and retail merchants, to adopt Open Network for Digital Commerce (ONDC) and enables them to expand their digital commerce footprint. The partnership furthers DBS Bank India’s … Read more
According to The Economic Times, Ericsson intends to hire over 2,000 people in Pune. In addition to establishing a technological hub in Pune with its partner in contract manufacturing, Jabil, Ericsson India will expand its operations and production capacity there. The telecom equipment company claims in a statement that the recruiting will be finished in … Read more
Leading flexible workspace provider WeWork India has secured INR 550 crores from funds managed by BPEA Lending, one of India’s biggest private credit platforms. WeWork India’s optimistic outlook for growth and strong performance in FY23 are nearly matched by the finance. Commencing operations in India in 2017 with 100K sq ft and 2200 members, WeWork … Read more
Gurugram based Healthcare-Fintech startup SaveIN has raised more capital riding on the rapid growth that the company has demonstrated in the first year of its launch. The Y-Combinator backed startup has now raised a total of $8Mn over the last nine months, making it one of the larger early stage rounds among Indian startups in … Read more
Dapps, India’s first app store exclusively for web3 apps, announced that it has raised pre-seed funding from industry stalwarts like Shardeum founder Nischal Shetty, Anshul Dhir – Founder, EasyFi, Ajeet Khurana – Marquee angel investor, Keyur Shah – ex-CFO, Polygon, Prasoon Aggrawal – Founder, Born to Die, Saurabh – Prominent influencer – CryptoDaku, Bharat Verma … Read more
Leading cryptocurrency exchange Bitget has recorded over 200% growth for digital assets’ trading volumes in the India market since its launch in early May ’22. With over 8 million users worldwide, Bitget has managed to capture a significant share of the South Asian market resulting in increased registrations from retail users. Bitget’s performance has accelerated … Read more
Bengaluru-based Samaaro, a B2B event-marketing SaaS platform has raised seed funding round, led by SucSEEDIndovation Fund with participation from Silver Needle Ventures Fund, The Chennai Angels, Lead Angels, Ankit Mehrotra (Founder, Dineout), Khalid Qazi (VP, Swiggy) and other eminent angel investors. The round also saw follow-on participation from the existing angels of their last round … Read more
Eco-Friendly Home & Personal Care D2C Startup Beco has announced that it has raised USD 3 million in series A led by Rukam Capital. The 100% natural and sustainable home and personal care brand that offers affordable and accessible products to consumers, also received funding from Climate Angels – a SEBI CAT I investment fund … Read more
Algorithm-based InvesTech start-up, Octanom Tech, has raised an undisclosed amount at a pre-money valuation of $2.2 million in its pre-seed round led by Shankar Vailaya, Ex-Director of Sharekhan Ltd, Nitin Gupta (Founder & CEO, Asymmetrique) among other angel investors. Over the last two years, particularly during the pandemic, retail traders and investors in the Indian financial … Read more
Leading employee experience platform, Bigyellowfish, has secured USD 1.1 million as part of its seed funding to fuel the next level of growth and product evolution. Powerhouse Ventures led the investment with participation from Anicut Capital (Through their Angel Fund) and Innoport. The capital will be used for global sales & marketing, scaling up software … Read more
actyv.ai, headquartered at Singapore and a category creator in the enterprise SaaS with embedded B2B BNPL and insurance space, has announced the appointment of Mukund R Srinivas as its General Counsel & Head – Legal & Compliance. A corporate generalist attorney, Mukund comes with more than 24 years of experience, handling diverse functions including cross … Read more
Delhivery, India’s largest fully-integrated logistics service provider, will acquire the Pune-based Algorhythm Tech Pvt. Ltd. that delivers intelligent planning & optimization solutions for enterprise supply chain operations. The company said the transaction is expected to be completed by 31st Jan 2023. This would be a 100% acquisition post which Algorhythm Tech will operate as a … Read more
TruCap Finance Limited (TRU) has announced a binding agreement to raise up to Rs. 105 Cr (nearly US$13.1 million) in a combination of equity shares, convertible warrants, and non-convertible debentures from Zeal Global Opportunities Fund. The fund raise would comprise of Rs. 80 Cr of equity and convertible warrants, while up to Rs. 25 Cr. would … Read more
Battery tech start-up, e-TRNL Energy, today announced raising a pre-seed round of INR 7.5 Crs from multiple investors to further its mission of bringing revolutionary energy technology to the market. The round was led by Speciale Invest, a deep-tech venture capital firm. Other investors include Micelio Mobility, a clean mobility fund, and CIIE, the innovation … Read more
Sunrise Setting, a boutique business situated in Brixham, UK, supports academic and other publishers, including non-publisher organisations, to generate more than 500 publications each year. Lumina Datamatics has signed a formal agreement to purchase a controlling position in Sunrise Setting. “The acquisition of Sunrise Setting Ltd. deepens our commitment to our current customers, and also … Read more
