Entreprenuer News Network Bureau 
Polygon founder Sandeep Nailwal, the iSeed Fund, KubeVC, and other angel investors contributed $1.5 million to KoinX, a Crypto Tax startup. The funds will be used by the startup to scale its performance and reach more than five lakh investors by the second quarter of this fiscal year. KoinX, founded by Punit Agarwal, helps cryptocurrency … Read more
GrowthX (GrowthX.club), a social learning community of the top 1% of growth leaders, announced that 212 angel investors contributed to its seed round. This historic community-led fundraising in the Indian startup ecosystem saw participation from 200+ founders, leaders and operators across companies like Razorpay, Airbnb, Mamaearth, Meesho, Myntra, and Freshworks. Out of the 1.5 Million USD raised, … Read more
Lightbulb.ai, an emotion ai and engagement analytics platform based in Mumbai, India, has raised $1.5 million in pre-seed funding. Chiratae Ventures and 9Unicorns led the round, with Anthill Ventures and VideoVerse joining as investors. Lightbulb.ai intends to use the new funds to expand the datasets for its machine-learning technology and to broaden its product offering … Read more
Finli, a payment management platform built for service-based small businesses in the US, has announced today the close of its $6 million Seed fundraising round, led by the Urban Innovation Fund. Motley Fool Ventures, M13, Alumni Ventures, and all existing investors also participated in the round. The new injection of funds will be used to … Read more
Arya.ag, India’s largest and fastest-growing integrated grain commerce platform, today announced crossing the distinct milestone of reaching the INR 500 crore book outstanding on its embedded fintech platform, Aryadhan. This feat is propelled by Arya.ag’s indigenously built digital capabilities, which have been customised for simplified and optimum use by smallholder farmers and farmer producer organisations (FPOs). With … Read more
Gloat, the leading provider of Workforce Agility software and pioneers of the AI-powered Talent Marketplace, today announced its $90 million Series D round led by Generation Investment Management—with participation from Accel, Eight Roads Ventures, Intel Capital and Lumir Ventures. The funding positions Gloat to rapidly accelerate the evolution of a rich, dynamic talent ecosystem that … Read more
Normalyze, a data-first cloud security platform, today announced it is coming out of stealth with $22.2M in Series A funding, co-led by Battery Ventures and Lightspeed Venture Partners. This round brings the company’s total funding to $26.6M to date. Normalyze is an agentless platform that helps organizations better manage sensitive data—and attack paths to it —in today’s complex, multi-cloud environments, protecting customers from large and … Read more
Shop Circle, a technology-driven company that operates e-commerce software, today announced it has raised $65 million in funding. The financing was led by NFX and QED Investors, with participation from 645 Ventures, FirstMinute Capital and Triple Point Capital. Shop Circle, co-founded last year by Luca Cartechini and Gian Maria Gramondi, is officially coming out of stealth mode and will use the funds to help the company scale … Read more
Progcap, a startup in corporate financing, raised $40 million from investors in its Series C investment. The business had previously received $30 million from Creation Investments and Tiger Global. It raised a total of $70 million during the most recent round, valued at $600 million. The venture, which was established in 2017 by Pallavi and … Read more
As part of its mission to “make money equitable for all,” Indian cryptocurrency investment firm CoinSwitch has named Ramesh Bafna as its chief financial officer. The company is transitioning into a wealth tech platform that focuses exclusively on cryptocurrencies. A seasoned executive with more than 18 years of experience, Bafna has overseen the financial workstreams … Read more
Krishna Vedati has been appointed president of global growth and strategic initiatives of BYJU’S. Tynker’s co-founder and CEO, Vedati, will report to Byju Raveendran and be a member of the executive committee. Tynker is a BYJU’S enterprise. Vedati will be succeeded as CEO of Tynker by Srinivas Mandyam, Co-Founder and Chief Technology Officer, and Kelvin … Read more
LoanTap, one of India’s fastest-growing lending tech start-ups, announced the strengthening of its senior management by appointing Ashish Jain as the Chief Financial Officer and Rajeev Das as the Chief Risk Officer. Their primary responsibilities will include implementing strategic initiatives that will be transformative and influential to the future of hyper-growing fintech. The appointment of these two … Read more
Leap Scholar, an edtech business with operations in San Francisco, Bengaluru, and Singapore, revealed on Wednesday that it had raised $75 million (Rs 585 crore) in a Series D fundraising round that was primarily led by Owl Ventures. Along with previous investors Jungle Ventures and Sequoia Capital India, new investors Steadview Capital and Paramark Ventures … Read more
Two family offices, Explorer Investments and Didendum, led the $2.1 million investment round into Okra Solar, alongside Schneider Electric Energy Access & Autodesk Foundation. SDGx, a private UN Sustainable Development Goals (SDGs) technology fund and advisory group, which invests exclusively in companies that can potentially reduce or remove 500MT of greenhouse gas emissions per year within the next decade, also invested. Okra Solar’s proprietary hardware … Read more
Mafe Mobiles, one of the oldest home-grown Mobile phone brands in India is reckoning big on Indian Smart Phone business. The company has roped in Chiranjib Sarkar as Business Head. At Mafe Mobiles, Sarkar’s role will be to handle end to end operations, grow the overall business including brand presence among offline, online and distribution … Read more
Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, today announced that it has kicked off an exclusive, multi-year NFT partnership with Cristiano Ronaldo, one of the greatest footballers to ever play the game. Through this partnership, Binance will launch a global campaign aiming to give Ronaldo’s fans an introduction to Web3 with a compelling … Read more
