Entreprenuer News Network Bureau 
Kyte, the company pioneering cars delivered to you on-demand for daily, weekly or monthly use, today announced $60M in Series B growth equity financing. The round is led by InterAlpen Partners, whose founder, Stephen George – an early investor in Tesla and SpaceX – is joining Kyte’s Board. Other new investors include Valor Equity Partners, Anthemis, Citi Ventures, and … Read more
Full-Stack Mobility solution provider Automovill has raised Rs 2.15 crore in a Pre-Series A round led by Inflection Point Ventures. Following a hybrid & flexible business model, Automovill has the 3rd largest presence across India, while catering to 0.15Mn+ customers, Automovill has enhanced its technology offerings to strengthen and organize the auto after-service and maintenance … Read more
Bangalore based tech enabled financial services start-up InPrime has raised $1.45 Mn in seed money from InfoEdge Ventures, Titan Capital, Kettleborough VC and other marquee investors. As a new entrant into the financial sector, InPrime will strategically focus on the emerging financial needs of the prime layer of customers within informal segment. The firm plans … Read more
CitiusTech, a leader in healthcare technology and consulting services, today announced that it has acquired Wilco Source, one of the world’s leading providers of Salesforce consulting and implementation services for healthcare and life sciences companies. As organizations increasingly adopt digital technologies to transform care delivery, strengthening patient and member experience across the care continuum has … Read more
Shiva Tadikonda has been named the Chief Compliance Officer at CoinSwitch. The hiring fits in with the business’ ongoing efforts to fortify its legal and regulatory frameworks in order to develop a compliant wealth-tech platform. Tadikonda has more than 35 years of experience in management information systems, compliance, banking, credit analysis, and commercial banking (MIS). … Read more
goEgoNetwork – India’s leading EV charging solutions providing company has recently entered a strategic partnership with Bengaluru-based SRIT India Pvt. Ltd., formerly Sobha Renaissance Information Technology Pvt. Ltd., to set up its first fast charge park in Bengaluru at ITPL Main Road, Kundalahalli, Brooke Field, Bengaluru, Karnataka. Interestingly the development comes at a time wherein … Read more
Westbridge Capital has invested USD 57 million in the HR-tech startup Keka. According to the Hyderabad-based startup, this is the highest series-A funding in the funding market for software as a service (SaaS). The startup, which was founded in 2016 and provides services to over 5,500 small businesses, was initially bootstrapped. Telugu’s word for fantastic … Read more
1Digi Ventures, the family office of founder and global CEO of actyv.ai, Raghu Subramanian, has announced that it is investing an undisclosed amount in a B2B ecommerce platform Kneady, a one-stop marketplace for hotels, restaurants, and catering businesses. Kneady (https://www.kneady.in/) is the first of its kind startup that caters to everyday requirements of hotels and … Read more
Moneyboxx Finance Limited- a BSE-listed NBFC that provides small-ticket business loans to micro entrepreneurs in Tier-III cities and below, secured INR 50 crores term loan from SBI for a period of 4 years. The company will utilize the funds for onward lending to the micro-entrepreneurs in the agricultural and allied sectors. This loan from SBI, along with … Read more
Amazon India and TVS Motor Company today announced a strategic engagement to strengthen electric mobility, electric infrastructure and connected services. As part of this collaboration, a fleet of electric two-wheelers and three-wheelers from TVS Motor will be deployed for Amazon’s last-mile deliveries. In addition, the two companies will work in tandem to examine EV use cases for various … Read more
Gnani.ai, a global frontrunner in Conversational AI and customer service automation today announced the appointment of Sanjay Pai as the Chief Revenue Officer. In this role, Sanjay will be responsible for growing and spearheading business development initiatives and advancing and strengthening Gnani.ai’s strategic growth across international markets. Sanjay brings over two decades of experience in sales and … Read more
IVY Growth a new age organisation who associate with start-ups and start-up founder and collaboratively work towards building a startup ecosystem that is sustainable and scalable, celebrates its 1st Year Anniversary with a whooping 65+ Start-up Investments. With an overall syndicate funding of 12Mn$ from their network of angel investors it has set the tone … Read more
One in four companies (27%) globally has suffered a data breach that cost USD1–20 million or more in the past three years. However, despite cyberattacks continuing to cost businesses millions of dollars, globally fewer than 40% of executives surveyed say they have fully mitigated cybersecurity risk exposure in a number of critical areas. In India, … Read more
Scaler, one of India’s fastest-growing tech upskilling startups, today announced the appointment of Ashish Chitravanshi as the new Head of Enterprise Business at InterviewBit and Scaler. In his capacity, Ashish will lead two avenues, B2B partnerships and Careers. While the B2B charter will strengthen partnerships with leading technology companies in India as well as globally, the careers … Read more
Bzinga, India’s first and only inverse auction platform in the e-commerce space, named Mayank Jha as its new Senior Vice President – Innovation and Technology. A seasoned technologist with more than 20 years of experience in both large companies and start-ups, Mayank comes in with a penchant for being a change-maker. He will be leading the development … Read more
Schneider Electric, the leader in the digital transformation of energy management and automation, and Smartworld Developers Pvt. Ltd., a new age real estate developer headquartered in Gurugram, today announced the signing of a Memorandum of Understanding (MoU) for driving 360-degree home automation in the latter’s upcoming projects. Through this collaboration, Smartworld Developers will build positive impact homes … Read more
