Entreprenuernewsnetwork

Atlassian to hire over 1,500 people

Atlassian Corporation Plc, a leading provider of team collaboration and productivity software and the maker of Jira, Confluence, Bitbucket and Trello products, announced its plans to grow its India team to over 3,000 by the end of FY24 as part of a major recruitment drive as the organisation reinforces its commitment to the India market. … Read more

Delta Electronics India Ships Over One Million EV Chargers Globally since 2011

Delta, a global leader in power and thermal management solutions, has emerged as a major player in the e-mobility sector worldwide. Over the last few years, as one of the prominent leaders in EV (electronic vehicles) charging solutions, it has set up EV charging stations in various parts of the world, including Asia, the USA, … Read more

TimesPro launches web 3.0 initiative to help learners upskill in emerging technologies

TimesPro has launched a Web3.0 learning initiative, through a unique interactive experience in the metaverse, to usher unmatched quality of modern and new-age learning through cutting-edge programmes in various Web 3.0 technologies like Blockchain, Crypto Currency, Metaverse, NFT among others. At launch, TimesPro will offer a mix of certificate and self-paced programmes to enable learning in … Read more

Kedaara Capital Invests $50 Mn In IVF Chain Oasis Fertility

Oasis Centre for Reproductive Medicine in South India has raised $50 million (almost Rs 400 crore) in an equity round of financing from domestic private equity vehicle Kedaara Capital. Oasis, which was founded in 2009 by Durga G. Rao and Kiran Gadela, had five centres in Andhra Pradesh and Telangana at the time of InvAscent’s … Read more

Tech startup Awign raises $15 million in Series B funding

Work fulfillment platform Awign, which is based in Bengaluru, has earned $15 million in a Series B round that was co-led by Bertelsmann India Investments and Amicus Capital Partners. It also received funding from Mynavi Corporation, Unitus Ventures, and the Michael & Susan Dell Foundation. Annanya Sarthak, Gurpreet Singh, and Praveen Sah, three IIT graduates … Read more

NFT Genius Announces $150M Valuation After Securing $10.5M Series A Funding

NFT Genius, a company developing world-class experiences and marketplace technology  to the NFT market, announced today a $150M valuation following the close of a $10.5M Series A funding round led by Dapper Labs, Spartan Labs, Commonwealth Asset Management (CWAM), and Fundamental Labs. Spartan, One Football, and Unibanco also participated in the round. NFT Genius was founded by Jeremy Born, Kurt Braget, and Karl Meier. … Read more

Social Media Platform SoMee Secures $50M From GEM Digital

The investment commitment from GEM will allow SoMee to propel significant growth while allowing the company to fuel liquidity into its Hive-backed $SME token that users earn and trade via the SoMee.Social network. Since SoMee’s platform utilizes blockchain technology, people using the platform see USD earnings shown on each post that are based on the … Read more

EV charging start-up goEgoNetwork raises $8 million in funding

EV charging infrastructure solutions start-up goEgoNetwork has raised Series A equity funding of USD 8 million (almost Rs 60 Cr). Disrupting the energy and transportation space with its vision to create a robust EV charging network, goEgoNetwork will use the funds in developing and installing the Fast DC Charging Station product line. It will also … Read more

CABT Logistics To Invest $ 8 Million To Set Up Micro-fulfilment Centres Pan India

CABT Logistics, India’s leading intracity logistics brand gears up to meet the demand of big billion days and the upcoming festive season by investing $ 8 million to build about 120 micro-fulfilment centres across India. This investment in micro-warehouses comes in the wake of the E-commerce and Q-commerce boom, especially in a post-covid world. Logistics … Read more

Singapore based autonomous vehicle technology startup, MooVita, inks strategic partnership to continue bringing safer,

MooVita, a market leader in vehicle-agnostic driverless software solutions for urban environment, has today signed a strategic partnership with China’s leading automotive tier-1 parts supplier, Desay SV (DSV), to further drive a safer, more efficient, and carbon-neutral mode of transportation. MooVita and DSV will collaborate in the development of AV Level-3 to Level 4+ full-stack software application … Read more

SuperShare Announces Its First ESOP Buyback Sale; A Rare Event for an Early-Stage Startup

SuperShare is excited to announce its first-ever ESOP (Employee Stock Option Programme) buyback. In its Series A stage, SuperShare is successfully utilising ESOPs to draw in new talent while recognizing current and past employees for their support and contributions. It’s a rare event for an early-stage startup. Team members with vested options will be eligible … Read more

CommerceIQ named Ex-Amazon Executive Kal Raman as President

CommerceIQ, the leading Retail Ecommerce Management Platform, today announced the appointment of Kal Raman as President. In this role, Raman will lead CommerceIQ’s product strategy, research and development, and customer success functions, as well as support the company’s global expansion and go-to-market strategies. Raman has served as a special advisor for CommerceIQ since April 2022. He joins the … Read more

Flipkart Signs Mou With District Administration Of Varanasi, Government Of Uttar Pradesh Under The Samarth Program

Flipkart, India’s homegrown e-commerce marketplace, today announced the signing of a Memorandum of Understanding (MoU) with the District Administration of Varanasi, Government of Uttar Pradesh, to enable national market access for artisans, weavers, people with disabilities and of Varanasi. Through this partnership, iconic goods such as Banaras Sarees, Handmade Carpets, Zardoji Craft, Metal Crafts, and Handmade … Read more

McDonald’s named Brian Rice as Executive Vice President and Global Chief Information Officer

Brian Rice is joining McDonald’s as Executive Vice President and Global Chief Information Officer, reporting directly to me and serving on our Global Senior Leadership Team. Brian’s accomplishments make him the perfect enterprise leader to continue to drive our digital vision to new heights as we deliver on our Accelerating the Arches strategy. In getting to know him, it … Read more

Saas Platform Roadcast Secures $ 2 Million Usd Funding From Jubilant Foodworks

Roadcast, an end-to-end supply chain management solutions provider closed its latest round of funding with an investment of USD 2 million by Jubilant FoodWorks. Founded in 2015 by Vishal Jain, Anshul Jain, and Rahul Mehra, the Delhi-based SaaS company is a technology provider for logistics enterprises. Being an industry agnostic company, Roadcast helps businesses across … Read more

PhonePe Pte. Ltd. reaches amicable settlement with Affle Global Pte. Ltd. to acquire OSLabs Pte. Ltd

PhonePe, one of India’s leading digital payments platforms, announced the acquisition of OSLabs, a mobile platform that enables content and app discovery for users and app developers. PhonePe, AGPL and OSLabs have reached an amicable settlement in the matter, with PhonePe acquiring AGPL’s entire stake at a premium. The closure of this deal gives PhonePe … Read more