Entreprenuernewsnetwork

Robotex India and BMC India Launch STEM Robotics Lab in Pune

Robotex India today announced that in collaboration with BMC Software India Pvt. Ltd. (a subsidiary of BMC Software, Inc.) the launch of multiple initiatives towards strengthening the Science, Technology, Engineering, and Mathematics (STEM) education ecosystem in India. With the unique initiative ‘Build Your First Robot’, BMC Software aims to empower 250 government school female students in … Read more

Soothe Healthcare Raises ₹175 Cr in Funding from US DFC and Existing Investors

India’s fastest growing personal hygiene company and makers of Paree Sanitary Pads- Soothe Healthcare, today announced a fresh round of funding of ₹ 120 crores from its existing investors and another ₹ 55 crores from the U.S. International Development Finance Corporation (DFC). The existing partners include A91, Symphony, Sixth Sense, and GII. The brand will … Read more

Security and RegTech Platform Lythouse Raises Funds

Lythouse, has secured an undisclosed amount in Fund raise from Hyderabad headquartered SucSEED Indovation Fund and established Angel such as Gopinath Latpate as part of its pre-series round. Lythouse started its operations in January 2020 as a safety tech company. With the motto of “making businesses & people safe in India” Lythouse with its proprietary product Lythouse Riskmatic … Read more

Digital Lending FinTech Platform, LoanTap Announced the launch of the first ever E2W Marketplace

LoanTap announced the launch of India’s biggest electric two-wheeler online marketplace. With the presence of India’s top brands and over 1000 dealers in one place, customers will have a wide range of options to choose from. They can check out the features and pick the bike of their choice without worrying about funds. In the … Read more

Dozee to launch AI-based ECG patch for remote Cardiac monitoring

Dozee, India’s first contactless Remote Patient Monitoring (RPM) company will soon launch an ambulatory Electrocardiogram (ECG) patch to monitor patients with cardiovascular disease (CVD). This easy-to-use ECG patch augments Dozee’s current AI-powered RPM system to play a key role in assisting Health Care Professionals (HCPs) in identifying early signs of cardiac deterioration ensuring there is … Read more

Treeview Partners with Arzooo to Bolster its TV Business in India

Thailand’s leading LED TV and appliances manufacturer, Treeview Co. Ltd., is all set to leverage retail tech platform Arzooo’s robust network of retailers to market its Smart Android Full HD range of TV models in India from 24 inch to 85 inch. With its cutting-edge technology, Treeview is spread across geographies such as the Middle East and … Read more

SaaS startup Drivetrain AI raises $15M in Series A round

Elevation Capital, Jungle Ventures, and Venture Highway participated in a $15 million Series A round of funding for Drivetrain AI, a financial planning and monitoring platform for expanding businesses and organisations. In addition, the investment round included contributions from close to 25 angel investors, consultants, founders, and C-Suite executives from technology businesses. Alok Goel, a … Read more

Digital Marketing Startup Intellemo Raises 3 Cr+ in Funding

Digital Marketing solutions company Intellemo has raised over 3 Cr in a seed round led by Inflection Point Ventures. The round also saw participation from Kunal Shah, Founder, Cred, Soonicorn LLP, Rahool Sureka & Saurabh Aggarwal, Co-Founders of Fitso and Amit Gupta, Co-Founder of Badri Ecofibers. The funds raised will be utilised primarily to expand the … Read more

EV charger manufacturer Tirex Transmission Secures Funding of $2 Mn

EV charger manufacturing company Tirex Transmission, announced the infusion of another $1 million from an ultra-HNI investor to help fund its growth. Assisted by their able financial investment firm GETFIVE, Tirex Transmission Private Limited was able to secure the additional funding, in under four months, to power their aggressive expansion plans in response to the … Read more

Crypto Gaming Startup Stardust Raises $30 Mn

Stardust, which provides developer tools for building blockchain-based games, said Tuesday that it raised $30 million in a funding round led by crypto venture capital firm Framework Ventures Canaan Linder, the company’s CEO, started the venture in California in 2018. In an interview, he said that he first learned about blockchain when he came across … Read more

Scaler witnesses 2500 % growth and is cash flow positive

Scaler, one of India’s fastest-growing tech upskilling startups, announced a cumulative 2500 per cent revenue growth in FY 2020 and 2021 with an Annual Revenue Rate (ARR) of $110 Million in August 2022. Owing to the capital-efficient business model adopted by the company, Scaler has achieved YoY growth of over 350 per cent and sustained … Read more

Lava becomes the first Indian brand to roll out FOTA update for 5G services

Lava International Limited, an end-to-end focused mobile handset and mobile handset solutions company based in India, has announced the roll out of 5G FOTA (Firmware Over-The-Air) update for its flagship smartphone – AGNI 5G. With this update, Lava becomes one of the earliest mobile handset companies in India to enable 5G on its smartphones in … Read more

Assiduus Global Raises $15 Mn To Deepen Global Footprint Offering Ecommerce Solutions To D2C Brands

Assiduus Global, an AI-powered cross-border and cross-marketplace e-commerce accelerator, has raised $15 million in Series A round of funding led by Pulsar Capital, 9Unicorn, Venture Catalyst, StrongHer VC, Carlos Cashman (founder of Thrasio) and Rajan Navani (JetLine Group of Companies). The appropriated funding shall enhance the technological architecture and business expansion across international markets like Europe and South-East Asia. Assiduus’ spokesperson said about … Read more

Vedantu acquires test prep platform Deeksha for $40M

Edtech unicorn Vedantu has acquired a majority stake in Deeksha (Ace Creative Learning) at a deal size of $40 million. Deeksha, a test preparation platform for board and competitive exam coaching for kids in grades 9 through 12, was established in Karnataka in 1998. With 39 locations, it is present in three states: Telangana, Andhra … Read more

WeWork India makes its first investment in Bengaluru-based platform Zoapi

WeWork India, the leading flexible workspace provider, has made its first investment in the Bengaluru-based conferencing and collaboration platform Zoapi. The company has made an investment in this enterprise SaaS solution provider that combines the four basic needs of a meeting room – wireless screen sharing, video conferencing, online calendar, and room scheduler. Corporates have organically transitioned to … Read more