Entreprenuer News Network Bureau 
Gurugram-based Awiros, a deep-tech startup that creates a computer vision platform based on AI mostly for video processing, has raised $7 million in investment. Vikram Gupta and Yatin Kavishwar co-founded Awiros in 2015. Vikram holds a PhD in computer engineering from Carnegie Mellon University. His main topic of study during his PhD was the design … Read more
The Founder of Asana, Dustin Moskovitz, a US-based entrepreneur-turned-investor, provided INR 6.15 Crore in equity capital to New Leaf Dynamic Technologies, a provider of cold chain solutions, for its Pre-Series A Round. Co-founded by Akash Agarwal, New Leaf’s refrigeration technology utilizes biomass and farm waste to facilitate the increase of income for micro-enterprises by prolonging the … Read more
Driven by a new era of industrial progress in Mumbai, the city emerges as the third most promising location with higher intent to hire in Q2, as per the TeamLease Employment Outlook Report for the time period. The intent to hire in the city saw a 7% increase from 76% in the last quarter to 83% … Read more
Maate, a consciously designed holistic baby wellness brand and a by-product of Priyanka Raina’s unique perspective on parenthood, have tied-up with various chain pharmacies, trade chemists, exclusive maternity hospitals, premium baby and grocery stores and is all set to launch in Delhi, Gurgaon, Faridabad, Manesar, Noida, and Ghaziabad from September 15, 2022 onwards. This toxin-free, … Read more
Snapdeal, India’s leading value e-commerce platform, today announced the on-boarding of two new D2C fashion brands – Rangita and Urban Mark on its platform. Owned by Stellaro Brands, Urban Mark and Rangita focus on serving the affordable & aspirational fashion needs of men and women respectively. The launch of the brands comes in the backdrop … Read more
Neem has raised $2.5 million in a Seed funding round from leading fintech global and local investors. This will enable Neem’s unique embedded finance platform and further its mission of bringing Financial Wellness to Pakistan’s underbanked communities – both individuals and businesses. “The embedded finance revolution that is taking place globally in financial services is … Read more
Beco, a Mumbai-based company that makes environmentally friendly personal care products, raised $3 million in a Series A round of funding on September 12, 2022. The round was led by Rukum Capital, Priyavrata Mafatlal, Better Capital, Prashant Pittie, and Titan Capital. Aditya Ruia, Akshay Varma, and Anuj Ruia launched Beco in 2019 with the goal … Read more
With involvement from current backers Blume Ventures, Beenext, and Sequoia Surge, procurement management software Procol has received INR 51 crore in funding from GMO Venture Partners, Alarko Ventures, Esas Ventures, FounderBank Capital, and Anchorage Capital. Gaurav Baheti (ex-Google New York, Zomato, iSPIRT, Forbes Asia 30 under 30) and Sumit Mendiratta created Procol in 2018. (ex-OYO, … Read more
PickMyWork, a startup that assists digital companies to acquire end customers (individual users and merchants), has announced raising USD 1Mn in Seed round. The round led by SOSV’s Orbit Startups witnessed participation from an array of esteemed investors including Soonicorn Ventures, Upaya Social Ventures, Blume Founders Fund, Venture Catalyst, Mumbai Angels, 888 Network, Imperier Holdings … Read more
Durable Pack Pvt. Ltd, the second-largest room air conditioner (RAC) contract manufacturer in India, is raising $40 million in funding, with Affirma Capital serving as the round’s lead investor. EPACK manufactures RACs and small home appliances (SHAs) for Indian and MNC brands in facilities in Dehradun. The company produces a variety of RACs, including split … Read more
A number of key investors, including Dreamweaver Investments, have raised USD 1 million (about Rs 7.8 crore) for Zerund, a Guwahati-based manufacturer of sustainable bricks. Zerund had also raised Rs 4 crore from investors in 2021, including Villgro Foundation and NEDFi Venture Capital Ltd (NVCL). Zerund has brick manufacturing facilities in Guwahati and Pathsala in … Read more
Akshayakalpa Organic, a startup producing organic dairy products, announced on Thursday that it has raised USD 15 million (about Rs 120 crore) from investors. One of the top manufacturers of organic milk in the nation is Akshayakalpa Organic, which was established by GNS Reddy and Shashi Kumar. Akshayakalpa intends to make significant investments in the … Read more
Startup XR in the metaverse has raised $250,000 in a seed round driven by angel investors, including Tarun Tahiliani, the founder of Netprophets Cyberworks, and Nitin Sethi, senior vice president and chief digital officer of the Adani Group’s consumer business. The money will be used by XR Central to grow into new regions and boost … Read more
Anveshan, a D2C healthy food firm, raised $2 million in a pre-Series A funding round from DSG Consumer Partners, Force Ventures, and We Founder Circle. The round also included participation from Rahul Sharma (Zetwerk), Amit Jain and Amit Hooja (Netgraph, Vardhman Group), and numerous other individuals. The funds raised will be used for hiring staff, … Read more
In the most recent investment round headed by Accel, Powerplay, a construction management firm, has raised $7.14 million (around 56 crore). Iesh Dixit and Shubham Goyal founded Powerplay in 2019 to streamline site-to-office communication for the management of construction and architectural projects. It makes it possible for construction companies to manage their budgets, track issues, … Read more
PayPal Holdings, Inc. today announced that John Kim will join the company as Executive Vice President (EVP), Chief Product Officer (CPO), effective September 26, 2022. Kim brings unique skills and experience building foundational consumer products and marketplaces from the ground up. Throughout his career, he has driven innovative product development to compete and win in … Read more
