Entreprenuer News Network Bureau 
After its announcement into the Indian markets, eRise – Drive Electric, the automotive arm of KL group, focuses on an aggressive roadmap for expanding its dealer network in India. The company announces its ‘eRise Partner’ program and has set its goal at 200+ dealers across 175+ locations in India. eRise manufactures long-range, high-performance electric two-wheelers explicitly … Read more
STT GDC India has signed a memorandum of understanding (MoU) with the Government of Karnataka. The planned investment aims to establish data centres in the state of Karnataka with a total estimated proposed investment of around Rs. 1,500 crores. It is planned to happen over multiple phases in the next 8 to 10 years and … Read more
Hyderabad-based Askmeoffers, a leading global, multinational technology company offering high-quality discounts and vouchers be it electronics, footwear, factory equipment, books, jewellery, Fashionwear, Hotels, Travel, Everyday rides and hundreds more categories have surpassed 5 million plus subscribers recently. Askmeoffers in its initial stages of launch initially started as an online book marketing platform. The company later expanded … Read more
Indian start-up Su-vastika Solar has launched ESS Energy Storage systems of variable capacities ranging from 10 KVA to 250 KVA, which can be put in series to increase the capacity size; for example, five units of 100 KVA can produce 500 KVA size ESS. Similarly, four nos. of 250 KVA capacity can build 1MW of … Read more
The cashback and coupon platform CashKaro revealed on Thursday that it had successfully raised 130 crore ($15.7 million) in a Series C investment round led by Affle Global Pte. Ltd. Ratan Tata is backed the platform’s operator, Pouring Pounds India Pvt Ltd. This current funding was led to Pouring Pounds UK, the parent business of … Read more
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, announced the launch of a new financial services advisory capability in India. Capco, a Wipro company, will supplement Wipro’s presence in the Indian financial services sector through its business in Mumbai to jointly offer end-to-end transformation services for this sector. … Read more
FLX Networks, the technology platform modernizing the engagement between asset and wealth management firms, today announced a capital raise of $10 million. The growth equity round, which values the company at approximately $50 million, was led by global investment manager Barings, with participation from industry leaders Allianz Life Ventures and Broadridge Financial Solutions. The raise reflects cross-industry confidence in the platform … Read more
Remedo, which helps doctors build their digital identity and convert patient engagement into a better reputation online, has secured an undisclosed amount in Fundraise from Hyderabad headquartered SucSEED Indovation Fund and other investors, Whiteboard capital, Titan capital, Suashish family office and angel investors such as Shashvat Nakrani (BharatPe), Krishnan Menon (Lummo) and Varun Sadana (Supertails) as … Read more
Residential solar company SolarSquare, today announced its Series A funding of ₹100 Cr led by Elevation Capital and Lowercarbon, Chris Sacca’s multi-billion-dollar climate-tech fund. The round also saw participation from existing investors Good Capital, Rainmatter and also angels such as Vidit Atrey & Sanjeev Barnwal (Meesho). The company had announced a ₹30 Cr seed round … Read more
Quest Global, one of the world’s fastest growing engineering services firms, today announced the acquisition of Adept, a product design house with robust capabilities in the semi-conductor, automotive, and hi-tech verticals. This transaction accelerates Quest Global’s growth by scaling its operations and advancing its capabilities to provide innovative and digital solutions to its customers around … Read more
BenQ, the global leading brand for projectors unveiled EH620, the World’s First Smart Windows Projector powered by the latest Intel® Processor 4000 Series CPU, highly integrated into EH620’s applications and security systems by BenQ R&D and Intel teams. Users can simply log in to a network account directly from EH620 to instantly start cloud-based meetings and … Read more
Wafini, a community driven DAO powered decentralised NFT Marketplace project on Cardano is set to release it’s initial first look of the Wafini Marketplace Demo in the coming weeks which will be followed up by Wafini’s beta launch on Cardano’s Mainnet. Wafini’s $WFI token Seed Sale saw a surge in demand as almost 30% of … Read more
Origin Ventures and Felton Group led a $17 million fundraising round for Fringe, an HR digital startup that enables businesses to offer employees customisable perks and incentives. According to CEO Jordan Peace, the funds will be used to develop new products, expand Fringe to more nations, and increase the team’s size from 72 to over … Read more
Granicus named Deva Gowda as Senior Director for Granicus India. Granicus, a GovTech company that brings the government and its citizens closer, has announced the expansion of its management team with the joining of Deva Gowda as a Senior Director of the company. Deva, an alumnus of Indian Institute of Management (IIM), Kozhikode, brings experience … Read more
In an exciting Q4 announcement from the largest and fastest growing payments services provider in the MENA region, HyperPay has unveiled a new logo, along with a complete brand overhaul in view of exciting expansion plans set for 2023. The news comes on the heels of HyperPay’s recent SAR 138M funding round led by Mastercard, with investments … Read more
MoEVing, India’s largest commercial electric mobility tech platform, raised $2.5 million from JSW Ventures. The funds raised by the Company will be primarily used to further strengthen its electric mobility platform for driver partners across India. It will also use a portion of the capital raised to support its expansion across multiple cities in India … Read more
