Entreprenuernewsnetwork

Cypherock Raises $1Mn Funding to Build the World’s 1st MPC Based Hardware Wallet

Cypherock, a hardware wallet startup with a mission to accelerate web3 adoption, has raised $1 million from an array of reputed industry leaders including Consensys Mesh, Infinite Capital, Gnosis, Stefan George (Gnosis), Sandeep Nailwal (Polygon), Mahin Gupta (Zebpay & Liminal), OrangeDAO, Prasanna Sankar (Rippling), and Furqan Rydhan (Thirdweb & F Inc) amongst others. The round … Read more

Digital therapeutics startup Fitterfly unveils new brand identity

Fitterfly, a digital therapeutics (DTx) health-tech firm, has revealed a new brand identity as a step towards their upcoming growth phase. The rebranding stays true to the company’s core message of helping individuals live unfettered lives without letting metabolic health get in the way. Fitterfly’s logo has changed to represent the “Fitterfly Right,” which is … Read more

Cosmo First Limited announces buyback of equity shares at Rs 1,070 per share

Cosmo First Limited announced today yet another buyback of fully paid-up equity shares through a tender route from the existing shareholders on a voluntary and proportionate basis. The buyback price is fixed at Rs 1,070 per share (face value Rs 10 per share) representing a premium of 42% over the closing price as on Nov 28th, 2022 … Read more

Mivi Launched Its First Smartwatch Mivi Watch Model E To Disrupt The Wearables Market

Mivi, a truly made-in-India consumer tech brand, today announced its entrance into the “affordable” wearable category with the launch of its inventive and ‘truly Made in India’ range of smartwatches; Model E. Aesthetically designed, to offer a perfect balance of style and functionality, these smartwatches are available in five different colors: Pink, Blue, Red, Grey, Green, … Read more

Edtech Startup ClassMonitor Raises ₹ 10 Cr in Pre Series A Round

With an aim to building India’s best home learning programs for early learners in the age group of 0-8 years, education technology start-up ClassMonitor has raised INR 10 Crores in a Pre Series A round from Lead Investor Frontline Strategy Funds; Khimji Family (Muscat) and participation from existing investors Sarvann & Calega Family Office. The … Read more

Pet Care Startup Vetic Raises $3.7 Mn in a Seed Funding Round

Vetic, India’s first tech-enabled chain of modern clinics focusing on overall pet health care, has raised USD 3.7 Million in a seed funding round led by Lachy Groom. The round also saw participation from renowned angel investors including Utsav Somani (Partner, AngelList India), Nitin Saluja (Founder Chaayos), Ritesh Agarwal (CEO, OYO), Abhinav Sinha (COO OYO), … Read more

Shilpa Shetty Kundra invests in Hyderabad-based Hunar Online Courses

Hunar Online Courses, a SkillTech online learning platform that empowers women by helping them learn new skills in fashion, food, photography, and interior design, and become financially independent, today announced it has joined hands with the actress and entrepreneur Shilpa Shetty Kundra as its investor and brand ambassador. Through this partnership, Hunar aims to cement … Read more

Flash raises $5.8 mn in Seed round from global investors and marquee angels

With the mission to revolutionize the online shopping space globally, Flash, (Flash.co) announced raising $5.8 Million in a Seed round led by global funds like Global Founders Capital (GFC), White Venture Capital (a fund by Jitendra Gupta & Amrish Rau), Zinal Growth, Soma Capital, Emphasis Ventures, Peer Capital, and a host of India’s top angel … Read more

E-commerce sector in India to become $200 bn by 2026: JCB Report

JCB International has identified a opportunity for European merchants and acquirers to tap into the rapidly growing Indian payments market, with JCB’s data showing a 70% growth in Cardmembers between Q4 of 2021 and Q2 of 2022. Projected to have the third-largest number of high-income households by 2030, the region is set to contribute $1.8 … Read more

CRED announces acquisition of SaaS firm CreditVidya

CRED, a high-trust community of creditworthy individuals, brands, and institutions and CreditVidya – a SaaS company that offers a lending-as-a-service platform, have agreed on terms for an acquisition of CreditVidya by CRED. The transaction is a mix of cash & stock, and closure of the acquisition is subject to requisite approvals. CreditVidya’s full stack platform … Read more

Multimodal Supply Chain Visibility Startup Intugine raises Rs 19 cr in Pre-Series A Funding

Intugine, a real-time multimodal supply chain visibility startup, has raised INR 19 Crores in a pre-series A round led by Mela Ventures and co-financed by Kaleesuwari Group and Innoport. Round also saw participation from marquee investors, including SaaS founders Harsh Shah, Co-founder of Fynd; Anshul Rai, Co-founder and CEO of Happay; and Kashyap Deorah, Founder … Read more

Genesys Strengthens India Leadership Team Named Deepa Madhavan As India Country Head

Genesys, a global cloud leader in customer experience orchestration, today announced the appointment of Deepa Madhavan as the India Country Head. As the Genesys India Country Head, Deepa will continue the development of Genesys cloud technologies and engagement of teams across all functions in Genesys India.  Deepa joins Genesys from PayPal where she helped define, … Read more

TRST Score Raises Seed Funding from Seven Prominet Angel Investors

TRST Score, the World’s Only Human Risk Mitigation Platform that helps to understand the 360-degree risk of dealing with a human, be it as an employee, agent, gig worker, student or even a customer by asking companies to store data within its secure privacy protected TRST Score Vault has raised Rs. 20 million in seed funding … Read more

Amazon India Shuts Down its E-Learning Platform

Beginning in August 2023, Amazon India will discontinue its online learning programme for the nation’s high school pupils. To assist students in getting ready for the JEE, the Amazon Academy portal was introduced in January of last year (Joint Entrance Examination). The enrolled students in the current academic session will receive a full refund of … Read more

D2C Brand Rapidbox raises $4.5 M In Series A Round

Rapidbox, a direct-to-consumer (D2C) company with headquarters in Bengaluru, has announced a $4.5 million Series A round of fundraising sponsored by SIG Venture Capital, the Asian venture capital division of Susquehanna International Group. Among the additional investors in the round are Ananya Goenka, India Quotient, and Tanglin Venture Partners. The money will be used to … Read more

FM urges startups to focus on climate change solutions

Vananam Ventures Pvt Ltd, a Bengaluru- based alternative investment platform, held a Start-Up Inclusion Summit on Saturday, Nov 26, where the Honourable Minister of Finance and Corporate Affairs, Government of India, Smt. Nirmala Sitharaman was the Chief Guest. She appealed to the start-ups to focus on climate change and farming solutions. Addressing the national-level summit organised by Vananam to … Read more