Entreprenuer News Network Bureau 
Auto-tech startup Fixigo has announced that it has raised an undisclosed seed funding in a round led by Agility Ventures. Industry veteran and Director of iGlobe Telecom, Tarun Kalra and Alienics Inc, a Canadian investment firm, also invested in the round alongwith a few other angel investors. Founded in 2019 by industry stalwarts Sami Saik (CEO), Tarun Malhotra … Read more
SE Ventures today announced a €500 million Fund II establishing the firm as one of the largest VCs focusing on climate and industrial technology. Backed by Schneider Electric, the global leader in the digitalization of industrial automation and energy management, this move builds upon a 2018 Fund I to bring SE Ventures to €1 billion of … Read more
OneSchema is saving software engineers years of development time with their suite of developer tools for ingesting CSV data. The company announced today a $6.3M funding round led by General Catalyst, with participation from Sequoia Capital, Y Combinator, Elad Gil and Contrary Capital. OneSchema’s flagship product is an embeddable CSV importer used by developers to launch CSV import capabilities … Read more
FTX Trading Ltd, and approximately 101 additional affiliated companies (together, the “FTX Debtors”), today announced that as a part of the Chapter 11 process, they are launching a strategic review of their global assets to begin to maximize recoverable value for stakeholders. The FTX Debtors have engaged Perella Weinberg Partners LP (“PWP”) as lead investment … Read more
Mphasis, an information technology (IT) solutions provider specializing in cloud and cognitive services, through its Corporate Social Responsibility (CSR) arm, Mphasis F1 Foundation, today strengthened their commitment to Ashoka University with a grant of INR 18 Crores, for a period of three years towards the expansion of Mphasis Laboratory of Machine Learning and Computational Thinking at the University. The partnership … Read more
Leading global cryptocurrency exchange Bitget has announced its latest 5 Million USD initiative called Builders’ Fund to help affiliates, influencers and professional traders damaged by the FTX collapse. Last week, the crypto market witnessed FTX collapse as the exchange announced their wallet was hacked after filing for bankruptcy protection in the US. Due to the … Read more
Cityfurnish today announced the close of a $2.5M financing round, including debt and equity bringing the total amount raised to date to $10M in equity and debt, to further its mission of bringing unprecedented ease and flexibility to the home furnishing experience. The debt round was led by Northern Arc Capital along with participation from Western Capital and UC Capital … Read more
Pepsi announced the launch of its first-ever non-fungible tokens (NFTs) collection for the Indian consumers. PepsiCo India Design Team in partnership with illustrator, Timea Balo has exclusively curated the NFT collection for Pepsi Black anchored on the brand’s pillars of Innovation, Self-Expression, and Evolution. Rooted in the brand beliefs, Pepsi will release a set of … Read more
Online alternate fuel marketplace Buyofuel has raised over Rs 11.5 Cr in a Pre-Series A round led by Inflection Point Ventures (IPV). The round also saw participation from Venture Catalysts, LetsVenture, Lead Angels Fund, and Gruhas Proptech. The funds raised will be utilised towards expanding the services across geographies, development of product offerings as well … Read more
Deep Tech start-up NeuralGarage raises $1.45 million in a seed round led by Exfinity Ventures. Founded by IIT Kanpur alumni – Subhashish Saha, Anjan Banerjee, Subhabrata Debnath and senior media and entertainment executive Mandar Natekar, NeuralGarage is currently building an innovative ‘VisualDubä’ solution to empower content creators across the board, globally. The seed round saw participation … Read more
Anuraag Gambhir has been named the new managing director of ShopClues.com, India’s value-for-money online marketplace. Anuraag will be in charge of managing the marketplace as a whole, increasing cross-border trading with both partner and non-partner nations/websites, and improving platform efficiency by using a variety of enterprise solutions. Prior to 2019, Anuraag served as ShopClues’ Senior … Read more
Simplilearn,the world’s leading online Bootcamp for digital skilling training, announced its fresh round of fundraising from a consortium led by GSV Ventures, a multi-stage venture capital firm. In addition to GSV Ventures, Clal Insurance, and DisruptAD, ADQ’s venture platform, are also participating in this round. The current investment brings in USD 45 mm into the company, further boosting its growth across the … Read more
Landmark Group, one of the largest retail and hospitality organizations in the Middle East, Africa and India has roped in Vikram Idnani as President – Chief Information Officer (CIO) for its India business. In his new role, Vikram will focus on driving technical innovation, customer experience enhancement, delivering high-quality products, and implementing large-scale technology initiatives. … Read more
Following the outbreak of the COVID-19 pandemic, the uncertainties associated with it, and the subsequent shift to digital operations and remote working, businesses have been exposed to new risks related to digital security, employee safety and disinformation. These in turn have led to new incidents of fraud: 52% of Indian companies experienced fraud or economic crime … Read more
Believe, one of the global leading digital music companies and its leading automated distribution division, TuneCore have announced the funding of a grant for India based music creators. The TuneCore Grant is a cash endowment of INR 100,000 that will be awarded to one selected artist. Artists who participate and submit their singles will be … Read more
KnowledgeHut upGrad, one of the world’s leading technology skilling providers and a part of Asia’s Higher Edtech major, upGrad, today announced the launch of its new line of online self-learning programs. The new line of programs marks an entry of the professional skilling major into the online self-paced learning category, which it has stayed away from thus far. Starting … Read more
