Entreprenuernewsnetwork

FlexiLoans raises $90 Mn in Series B Funding

FlexiLoans, an online lending platform for small businesses, has secured $90 million in a Series B funding round that includes a mix of equity and debt. MAJ Invest of Denmark led the $28 million equity round, while Fasanara Capital of the United Kingdom led portions of the equity and debt rounds. FlexiLoans is a digital … Read more

Pristyn Care acquires Ratan Tata, Tiger Global-backed health-tech platform Lybrate

Pristyn Care, the leading healthcare provider, today announced the acquisition of the health-tech platform Lybrate to bring in synergies on overall healthcare delivery and foray into primary care. In the coming days, the companies will work towards combining the business operations seamlessly. The pandemic has brought about massive shifts in patient behavior, especially most of … Read more

D2C health start-up Plix unveils new brand identity

Clean plant-based health and nutrition brand, Plix, has unveiled a new logo and brand tagline ‘Take Care, Have fun’, that symbolizes the company’s continuous efforts towards making holistic health and nutrition a lifestyle subject instead of a medical concern. The company also recently launched a new product line aiming at feminine wellness and intimate hygiene. … Read more

Dubverse.ai Raises USD 800K from Kalaari Capital and Others in Seed Funding

Dubverse.ai, an AI-powered SaaS video content dubbing and creation platform has raised USD 800K in seed funding led by global funds including Kalaari Capital. Founded in 2021 by Varshul CW and Anuja Dhawan, Dubverse is the first-ever platform which supports end-to-end dubbing and produces ready-to-publish videos in real-time. The self-service platform allows full control to … Read more

Vybe Network Secures $10.5 Million USD in Series A Funding

Vybe Network, the premier data infrastructure solution, today announced the close of a $10.5 million USD Series A investment. Vybe Network enables the Solana community to query, index and exchange on-chain data to build Web3 dApps and analytics. The round is led by FTX with additional participation from Sino Global, Staking Facilities, Serum, Panony, Tess Ventures, Contango, … Read more

PayU Expands Its India Payments Business Leadership Team

PayU, today, announced the appointment of three senior leaders – Narendra Babu as the Chief Technology Officer for the India Payments business; Mohit Bedi, as the Senior Vice President (SVP), to lead strategic initiatives and the Bill Payments business, and Vineet Sethi, as SVP to lead PayU’s Diversified Financial Services portfolio. PayU’s existing senior executive, Mohit Gopal will take on a new position … Read more

Aakash+BYJU’S named Rahul Kumar as Head-Product Management

Aakash + BYJU’S, the national leader in test preparatory services, has appointed Mr Rahul Kumar as Head – Product Management of the company.  Rahul will be responsible for leading the overall product function across product management, design, analytics and product operations and will help in building culture and scaling products to better learning experiences and outcomes … Read more

Coins.ph Partners with Fireblocks to Enhance Security for Crypto Asset Management

Coins.ph, the Philippines’ leading fiat and crypto wallet services provider, announced today that it has partnered with the award-winning provider of digital asset and crypto technology, Fireblocks, integrating Fireblocks’ custody management into Coins.ph’s platform, maximizing users’ security in crypto operations and storage. Leveraging Fireblock’s latest MPC-based solutions, Coins.ph is able to improve the security, efficiency, … Read more

Dil Foods raises $128,000 from angel investors for expansion

Dil Foods, a company that works with small to medium-sized independent food enterprises and restaurants, just received $128,000 in angel finance. With this money, the company plans to expand and develop in Bengaluru. It has gone live for home delivery in 15 sites throughout Bengaluru in just over two months. It touts itself as an … Read more

Education Metaverse Learnoverse Raises 1M USD From Serial Entrepreneur Taizo Son of Japan

BitDegree announces that its unique education-oriented metaverse – the Learnoverse – has raised over 1M USD from a Japanese / Singaporean venture investor Mistletoe. Earlier this spring, BitDegree, a leading blockchain-powered online education platform with over 1 million users, announced it is developing the first-ever learning metaverse, the Learnoverse. With the launch of the Learnoverse, BitDegree aims … Read more

Mahendra Singh Dhoni to become a Shareholder in leading Drone Start-up Garuda Aerospace

Mahendra Singh Dhoni has been roped in to be the Brand Ambassador and Shareholder in Garuda Aerospace. About his association with Garuda, M S Dhoni said, “I’m happy to be a part of Garuda Aerospace and look forward to witness their growth story with the unique drone solutions they have to offer.” Agnishwar Jayaprakash, Founder … Read more

DP World and CDPQ Announce US$5 billion Investment in Strategic Assets in the UAE

DP World, a global infrastructure-led supply chain solutions provider, and CDPQ, a global investment group, announced today an investment of US$5 billion (CA$6.3 billion) in three of DP World’s flagship UAE assets. CDPQ will invest US$2.5 billion in the Jebel Ali Port, the Jebel Ali Free Zone and the National Industries Park through a new joint venture in which … Read more

Upgrad To Hire 3,000 People In 3 Months, Will be Securing Fresh Funding

upGrad is looking to add nearly 3,000 people in the next three months and is close to securing a fresh funding. According to estimates, the company reached a $1 billion valuation in a funding round last year. According to Ronnie Screwvala, the corporation will hire between 6,500 and 7,000 people by August of this year. … Read more

E-mobility startup Indeanta raises Rs 1.1 crore in bridge spherical funding

Indeanta, the Electric mobility start-up raises $150,000 (~Rs 1.1 crore) from IvyGrowth Associates and a community of Angel Investors. The spherical was led by Prateek Toshniwal, Mehul Shah, Nine Spar, and others. The fundraise represents a bridge spherical in its ongoing pre-series A spherical. Indeanta started its operation in December 2020 with its in-campus mobility … Read more

Cloud kitchen startup Curefoods raises $50M in Series C Funding

Curefoods, a cloud kitchen startup, has raised $50 million in funding from Winter Capital, Three State Capital, Chiratae Ventures, and Accel. Iron Pillar, Nordstar, Binny Bansal, Adil Allana, Rashmi Kwatra, Lydia Jett, and Kunal Shah are among the company’s current investors. In 2021 and 2022, the company raised about $120 million in equity and venture … Read more

Pinterest acquires AI-powered shopping startup The Yes

Pinterest, a photo-sharing social media network, has bought ‘The Yes,’ an AI-powered commerce firm, for an unknown fee. CEO Julie Bornstein, an eCommerce and fashion business expert, and CTO Amit Aggarwal, a computer industry veteran, created The Yes in 2018. The purchase is expected to finalise in the second quarter of 2022, according to a … Read more