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BillMart and EQARO Join Forces to Revolutionize MSME Lending and Trade Finance in India

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India’s fast-evolving trade finance and MSME lending landscape has received a significant boost as BillMart, a leading digital lending platform, partners with EQARO Guarantees to transform business financing. With expertise in MSME lending, bill discounting, supply chain finance, and working capital solutions, BillMart is set to integrate EQARO’s trusted credit and financial risk guarantee solutions … Read more

Aurionpro Solutions Acquires Fenixys to Strengthen European and Middle Eastern Footprint

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Aurionpro Solutions, a leading provider of technology solutions for the financial services sector, has announced the acquisition of Fenixys, a Paris-based consulting firm renowned for its expertise in capital markets services. This strategic move aims to bolster Aurionpro’s presence across Europe and the Middle East, aligning with its broader banking and FinTech growth strategy. Key … Read more

SiMa.ai Named Satish Mohanram as Senior Director, India Sales and Site GM

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SiMa.ai, a leader in machine learning (ML) solutions, has announced the appointment of Satish Mohanram as Senior Director of India Sales and Site General Manager. This strategic move aims to bolster the company’s presence in India’s rapidly expanding markets and drive growth in critical sectors such as industrial, semiconductor, education, aerospace/defense, and automotive. Leveraging Extensive … Read more

HostBooks Secures $5 Million Funding from Orange Orbit LLP to Accelerate Global Expansion

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HostBooks, a leading provider of automated cloud-based accounting solutions, has successfully secured $5 million in funding from Orange Orbit LLP. This strategic investment marks a significant milestone for HostBooks, enabling the company to fast-track its global expansion and further enhance its innovative suite of services for businesses worldwide. Driving Innovation in Cloud Accounting Founded with … Read more

India: The World’s 3rd Largest Startup Hub Revolutionizing Innovation and Entrepreneurship

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India has firmly established itself as one of the most dynamic startup ecosystems globally, ranking as the 3rd largest startup hub. With over 100 unicorns and a robust ecosystem of 73,000 startups with women directors, India is setting a benchmark in innovation, inclusivity, and entrepreneurship. These startups, representing nearly half of the 1,57,066 startups recognized … Read more

Elon Musk’s xAI Raises $6 Billion to Compete in the AI Market

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Elon Musk’s artificial intelligence startup, xAI, has successfully raised $6 billion in its latest funding round, cementing its position as one of the world’s most valuable AI companies with an estimated valuation of $50 billion. This development comes as xAI intensifies its competition against industry leaders like OpenAI, which is valued at $157 billion. Key … Read more

Mindgrove Technologies Secures $8 Million Series A Funding to Advance Semiconductor Innovation

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Sharan Srinivas J (CTO) and Shashwath TR (CEO), Mindgrove Technologies

Mindgrove Technologies, a Chennai-based fabless semiconductor design startup, has announced raising $8 million in its Series A funding round. The round was co-led by Rocketship.vc and Speciale Invest, with participation from Mela Ventures, Peak XV Partners, Nishchay Goel, Whiteboard Capital, and new investor Anshul Goel. Expanding Horizons with Fresh Capital The funds will be utilized … Read more

Indian Startup IPOs in 2023: A Landmark Year with ₹29,247 Crore Raised

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The Indian startup ecosystem reached a remarkable milestone in 2023, with 13 new-age companies launching Initial Public Offerings (IPOs) and collectively raising over ₹29,247 crore from the stock market. This surge represents a significant increase compared to previous years, with 10 IPOs in 2021, six in 2022, and six in 2023. IPO Breakdown and Fund … Read more

Schneider Electric India Pvt Ltd Honored as 2024 Indian Company of the Year by Frost & Sullivan

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Schneider Electric

Schneider Electric India Pvt Ltd (SEIPL), the Indian arm of the global leader in energy management and automation, Schneider Electric, has been awarded the prestigious 2024 Indian Company of the Year Award by Frost & Sullivan. This recognition highlights Schneider Electric India’s outstanding contributions to the country’s metering industry, cementing its reputation as a pioneer … Read more

M37Labs Secures Pre-Seed Funding From Concept Group

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M37Labs Founders

M37Labs, a trailblazer in artificial intelligence solutions, has officially launched, bringing innovative AI capabilities to enterprises worldwide. Founded by visionary leaders Prashant Shivram Iyer and Zorawar Purohit, the company has already secured a significant undisclosed amount in pre-seed funding from Vivek Suchanti, owner of the Concept Group, marking a strong endorsement of M37Labs’ mission and … Read more

EPACK Prefab Raises $20 Million in First Funding Round to Boost Sustainable Modular Construction

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New Delhi, December 23, 2024: EPACK Prefab, a leader in pre-engineered buildings (PEB), prefabricated modular structures, and insulation products, has announced raising $20 million in its inaugural funding round led by GEF Capital Partners, a prominent global private equity fund. Advancing Sustainability in Modular Construction This funding underscores EPACK Prefab’s commitment to sustainability, leveraging modular … Read more

SOUKYA Embarks on Global Expansion with INR 220 Cr Investment in Portugal

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SOUKYA, India’s first NABH-accredited AYUSH hospital and a global leader in integrative medicine, is expanding its footprint internationally with a landmark INR 220 Cr investment in Portugal. Founded in 2002 by renowned holistic health specialist Dr. Isaac Mathai, SOUKYA’s first international venture will bring its unique blend of traditional and natural healthcare practices to Europe. … Read more

Neeta Rajwar Joins HealthCare Global as Chief Operating Officer

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HealthCare Global has announced the appointment of Neeta Rajwar, a seasoned leader in the healthcare industry, as its Chief Operating Officer. Rajwar brings a wealth of experience spanning over two decades, having held pivotal roles in healthcare management, corporate relations, and business growth. Prior to joining HealthCare Global, Rajwar served as Facility Director and Assistant … Read more

Edtech Unicorn PhysicsWallah Prepares for IPO, Becomes Public Company

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PhysicsWallah (PW), the prominent edtech platform, has officially transitioned into a public company as it gears up for its highly anticipated Initial Public Offering (IPO) in 2025. The company’s board approved a resolution earlier this month to rename the organization from PhysicsWallah Private Limited to PhysicsWallah Limited, signaling its readiness for public listing. In a … Read more

QuiD Cash Raises $4.5 Million to Revolutionize Supply Chain Financing

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Bangalore-based B2B supply chain digital lending platform, QuiD Cash, has announced raising USD 4.5 million in a funding round comprising equity and lending capital. The funding round saw participation from new investors, with MINTCAP, an existing investor, reaffirming its support. This funding follows the seed round raised in March 2024 and marks a significant step … Read more

ZETWERK Secures $90 Million in Latest Funding Round, Valuation Soars to $3.1 Billion

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ZETWERK Manufacturing Businesses has reportedly raised USD 90 million in its latest funding round, led by Rakesh Gangwal and Khosla Ventures, according to recent media reports. This significant capital injection has propelled the company’s valuation to an impressive USD 3.1 billion. Additionally, ZETWERK has achieved a remarkable Gross Merchandise Value (GMV) of ₹17,564 crore (approximately … Read more