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Xiaomi founding member and Founders of Bounce Infinity and Jar App invest Rs. 3 cr in seed round in Selligion Technologies

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Selligion has conceptualised, designed, and developed the world’s first consumer cloud computer and have set out to reimagine computing for India by building a hardware and cloud-based software ecosystem that can deliver powerful computing to every Indian for Rs. 399 a month or less. The team is currently piloting the world’s first cloud-based computer they … Read more

IndiaRF Announces INR 550 Crores Investment in Impresario Entertainment and Hospitality Private Limited

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Piramal Enterprises Limited and Bain Capital have announced an investment of INR 550 crores in Impresario Entertainment and Hospitality Private Limited through their renowned India-focused investment vehicle, India Resurgence Fund. Following the transaction, IndiaRF has taken over as Impresario’s largest stakeholder. The fresh capital will help fuel the further expansion of Impresario’s business, which also … Read more

Cloud Lending Platform Lentra Closes Series-B Funding Round of $ 60 Mn

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Lentra, the class leading Cloud lending platform, has closed its Series B funding round with a transaction value of USD 60 mn, led by existing investors Bessemer Venture Partners and SIG Venture Capital with participation from Citi Ventures. Masterkey Capital were the Investment Bankers. The funding will be used for products+platform strengthening and also for … Read more

Wipro named Ankush Saigal as Head, Telecom Industry Sector, Southeast Asia

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Ankush Saigal has been named Head of Telecom Industry Sector, Southeast Asia by Wipro Limited, a provider of technology services and consultancy. Ankush will oversee Wipro’s expansion in Southeast Asia’s telecom market at a time when the whole telecom and CSP sector is striving to embrace an ecosystem play in order to scale new heights … Read more

Genesys named Sameer Sankhe as its chief digital officer

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Genesys International Corporation, one of the leading homegrown players in the locational intelligence space, has announced the appointment of Sameer Sankhe as Chief Digital Officer (CDO). Sameer has previously led digital transformation consulting at Salesforce India. He helped Salesforce’s key clients in their vision-to-value journey. He has over two decades of experience in tech entrepreneurship and … Read more

Robotic-Assisted Surgery Has a Bright Future in India

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Intuitive, a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery, has installed its hundredth robotic-assisted surgical system in India at the U.N. Mehta Institute of Cardiology, the country’s largest cardiac center. The installation was marked at an event attended by the Hon. Prime Minister of India, Mr Narendra Modi. “We … Read more

SALUD Sold Out its NFT Cusps in Collaboration with Token Runway

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Salud Beverages, an award-winning urban lifestyle brand introduced 11 uniquely designed Ethereum based NFTs – ‘Salud Cusps’ in collaboration with Token Runway has emerged to be the first Indian alcobev to sell all their NFT Cusps collections. NFT enthusiasts and ardent followers of brand Salud participated with great enthusiasm and excitement throughout the auction since … Read more

Shark Tank-fame World’s Fastest Cooking Device On2Cook Raises Seed Funding Over 2 Mn USD

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Inventor and Entrepreneur Sanandan (Sandy) Sudhir, who created quite some ripples in Shark Tank with the world’s fastest cooking device, has declared that his startup On2Cook India Pvt Ltd has secured seed funding of over 2 Million USD. The funding round was led by angel investor Dr Mayur Desai, who infused the first tranche of … Read more

3D Modeling Company MY3DMeta Raises ₹10.5 Cr In Funding

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MY3DMeta a 3D Modelling tech company, secured an investment of over Rs. 10.5cr from The Chennai Angels, Dholakia Ventures, AccelNest, Karn Nagpal, Badri Raghavan, IIT-IIM Angels, Hyderabad Angels, and others. MY3DMeta plans to utilize the fund for building tech, IP, and business development. Founded in 2016, MY3DMeta is making cutting-edge progress in 3D modelling with … Read more

NFTs and Web3 communities are opening up new channels for consumers to own a piece of a brand: Report

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Mintel has announced five trends set to impact global consumer markets in 2023, over the next five years and beyond. Centred around seven core drivers of consumer behaviour which are Identity, Rights, Surroundings, Experiences, Technology, Wellbeing and Value – the trends are Me Mentality, Power to the People, Hyper Fatigue, International Localism and Intentional Spending. Matthew Crabbe, Director … Read more

India’s 1st Multi-potential Learning Platform, ‘Ulipsu’ Raises 1.5 Mn USD Funding

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Bengaluru based Ulipsu, India’s first multipotential OTT like learning platform, from Kidvento Education and Research Private Limited, recently raised $1.5 million in funding from angel investors based in the Middle East and the UK. This round of investment comes as an addition to the initial $1 million USD Pre-Series A round funding received in October 2021. With … Read more

Ayu Health receives additional funding enters Hyderabad market

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Ayu Health Hospitals, a fast-growing healthcare start-up with a network of 100+ hospitals across India, today announced its maiden entry into Hyderabad. With the aim of providing healthcare for all, the company will be adding more hospitals to its existing portfolio of 19 hospitals and 1500 beds in the region. Recently, the company secured an … Read more

Zerodha’s Rainmatter invests in smart connected home appliance company – Up

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Consumer Hardware Startup, Up (previously React Labs) raised $500,000 from Nithin Kamath led Rainmatter as a part of its pre-seed funding. Founded by Mahek Mody and Mohit Sharma, the Bengaluru based startup closed its pre-seed round at a total of $1.3 Million. Up has received investment from co-founders of Ather Energy, Unacademy and the Stanford … Read more

Wib Raises $16 Million Investment to Accelerate Growth and Tackle Rising API Security Problem

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Wib, the fast-growth cybersecurity startup pioneering a new era in API security, today announced a $16 million investment led by Koch Disruptive Technologies (KDT), the growth and venture arm of Koch Industries, Inc, with participation from Kmehin Ventures, Venture Israel, Techstars and existing investors. The investment will be used to enhance Wib’s pioneering holistic API security platform and accelerate international … Read more

Fordefi Raises $18M Seed Round to Launch Institutional DeFi Wallet and Security Platform

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Fordefi, a financial technology and software company, today announced an $18 million seed round and the public launch of its institutional MPC wallet built for transacting on decentralized applications (dApps). Led by Lightspeed Venture Partners, the investors of the firm’s initial capital raise also include Electric Capital, Alameda Research, Jump Crypto, Castle Island, Pantera Capital, Illuminate Financial, PayPal … Read more