Entrepreneur News Network

Mamaearth Marks 8 Years as a Clean Beauty Leader in India

In the ever-evolving world of beauty and personal care, Mamaearth has firmly established itself as a pioneer in clean, toxin-free products. Celebrating its 8th anniversary, the brand has emerged as one of India’s top three skincare brands, boasting a portfolio of over 200 products and a loyal customer base spread across 18,000+ pin codes nationwide. … Read more

Unacademy CEO Denies Sale Rumors, Highlights Strong Growth in 2024

Unacademy Co-founder and CEO Gaurav Munjal has firmly dismissed speculations about a potential sale or merger, reaffirming the company’s commitment to long-term growth. “I have said this before, I’ll say it again. This year will be Unacademy’s best in terms of growth in the offline business and overall unit economics. We have many years of … Read more

Wooden Street Secures ₹354 Crore in Series C Funding

Indian furniture and home decor brand Wooden Street has successfully raised ₹354 crores (approximately $43 million) in its Series C funding round, led by Premji Invest, according to media reports. This funding marks one of the largest investments in the home and furniture sector in recent years, underscoring the growing potential of this market in … Read more

Hyundai Motor India to Expand EV Charging Network with 600 Fast Chargers by 2031

Hyundai Motor India Ltd. (HMIL), the Indian subsidiary of the Korean automotive giant, has announced a significant expansion of its electric vehicle (EV) infrastructure. The company plans to install around 600 DC fast public EV chargers across India over the next seven years, with a primary focus on key highways and major cities. This ambitious … Read more

WAAYU: India’s First 0% Commission Food Delivery App is Disrupting the Market

In a world dominated by food delivery giants like Zomato and Swiggy, WAAYU, a Pune-based startup, is shaking up the industry with a revolutionary idea: zero commission for restaurants. Backed by the Open Network for Digital Commerce (ONDC), WAAYU empowers restaurants to retain their hard-earned profits while offering customers quality, convenience, and variety. WAAYU’s Revolutionary … Read more

Code Effort: Transforming Cigarette Waste into Eco-Friendly Solutions

The remarkable journey of Code Effort Private Limited, founded by brothers Naman and Vipul Gupta in 2015, showcases how innovation and determination can tackle environmental challenges. This Noida-based startup is leading the way in addressing one of the world’s most littered pollutants—cigarette butts—while creating sustainable livelihoods. The Problem: Tackling Cigarette Waste The Gupta brothers observed … Read more

Delta to Provide Made-in-India High-efficiency Rectifiers to ThunderPlus for its Fast Chargers for Low Voltage 2W and 3W EVs

Delta Electronics India has announced a strategic partnership with ThunderPlus, a leading provider of electric vehicle (EV) charging solutions, to enhance India’s EV charging infrastructure. The Memorandum of Understanding (MOU) will see Delta supplying high-efficiency 4kW rectifier modules, manufactured at its Krishnagiri facility in Tamil Nadu, for ThunderPlus’ fast chargers designed specifically for two-wheeler (2W) … Read more

360Player Secures $25 Million Investment to Drive Global Sports Club Expansion

360Player, an all-in-one digital platform for modern sports clubs, has announced a $25 million strategic growth investment from Five Elms Capital, a prominent software investment firm. This funding aims to accelerate 360Player’s international expansion and enhance its comprehensive suite of tools for clubs, coaches, players, and parents. Empowering Sports Clubs Worldwide Since its founding in … Read more

Constrafor Secures $264 Million Series A Funding to Revolutionize Construction Finance Technology

Constrafor, a leading software provider for the construction industry, has announced the successful closure of its $264 million Series A funding round. This funding includes $14 million in equity led by NFX and a $250 million credit facility backed by Wafra and Crestline Investors. The investment will fuel Constrafor’s rapid expansion and strengthen its position … Read more

SMU Secures Landmark $1 Million Gift from Aptos Foundation to Establish SMU’s First Professorship in Blockchain

The Singapore Management University (SMU) has secured a landmark $1 million gift from Aptos Foundation, marking its largest philanthropic investment in higher education and establishing SMU’s first Professorship in Blockchain. This transformative partnership not only advances SMU’s leadership in blockchain education and research but also solidifies Singapore’s position as a global blockchain innovation hub. The endowed professorship, a first for SMU, will drive thought leadership, cutting-edge … Read more

Incuspaze Seeks $25 Million Investment to Expand Flexible Office Space Portfolio

Incuspaze, a leading coworking provider specializing in managed flexible office spaces for corporates, is set to raise $25 million (over ₹210 crore) as part of its ambitious expansion strategy. This funding will support the company’s growth in major Indian cities ahead of its anticipated initial public offering (IPO). Rapid Growth Since Inception Founded in 2016, … Read more

Zomato Raises ₹8,500 Crore via QIP to Fuel Growth and Quick Commerce Expansion

Zomato, India’s leading food delivery platform, announced the successful completion of its ₹8,500 crore fundraising through a Qualified Institutions Placement (QIP) of equity shares. This capital-raising initiative, which received shareholder approval last week, underscores Zomato’s strategic focus on strengthening its financial position and expanding its operations, particularly in the quick commerce sector through Blinkit. QIP … Read more

Nodwin Gaming Expands Influence with Trinity Gaming Acquisition for ₹24 Crore ($2.8 Million)

Nodwin Gaming, a leading player in the Indian esports scene and a subsidiary of Nazara Technologies, has acquired Trinity Gaming in a landmark deal valued at ₹24 crore ($2.8 million). This strategic move solidifies Nodwin’s presence in India’s gaming and content ecosystem, as Trinity Gaming now becomes a fully-owned subsidiary of Nodwin Gaming. Deal Structure … Read more

ShopDeck Raises $8 Million in Series B Funding to Boost D2C Solutions

ShopDeck, a Bengaluru-based software provider specializing in D2C (Direct-to-Consumer) solutions, has secured $8 million in Series B funding. The investment round was led by Bessemer Venture Partners and saw participation from Elevation Capital, Chiratae Ventures, and General Catalyst. Utilization of Funds ShopDeck aims to utilize the newly raised capital to: Expand its talent pool by … Read more

Arihant Foundation Secures ₹109 Crore Funding to Expand South India Presence

Arihant Foundations & Housing Limited has successfully raised ₹109 crore through a preferential equity allocation. This funding round saw participation from prominent investors, including the Lotus Family Trust led by renowned investor Madhusudan Kela and CaratLane founders Mithun Sacheti and Siddhartha Sacheti. Strategic Expansion Plans The Chennai-based real estate developer plans to utilize the funds … Read more

ParkMate Secures $1.2 Million Funding from Cactus Partners to Drive Growth in Smart Parking Solutions

ParkMate, a leading provider of intelligent parking solutions, has secured $1.2 million in a fresh funding round led by Cactus Partners, an early growth-stage startup fund. The round also saw participation from existing investors, including the Marwah Group Family Office and Venture Catalysts. Strategic Utilization of Funds ParkMate plans to utilize the new capital to: … Read more

Univest Set to Raise $16 Million in Series A Funding to Launch New Brokerage Platform

Univest, a leading wealthtech startup, is reportedly in discussions to secure $16 million (approximately ₹135 crore) in its upcoming Series A funding round. The round is expected to be led by Bertelsmann India Investments (BII), with participation from Innoven Capital through a combination of debt and equity financing. According to sources cited by Economic Times … Read more

Alt Mobility raises Rs 83 crores in series A Funding

Alt Mobility, a leading commercial electric vehicle (EV) leasing and asset management company, has secured ₹83 crore in a Series A funding round led by Eurazeo, a prominent European venture capital and private equity firm. Existing investors, including Shell Ventures, Twynam Earth Fund, and EV2 Ventures, also participated in this funding round. Expanding Fleet and … Read more

Cardless Raises $30 Million in Latest Funding Round

Cardless, a leading fintech company specializing in co-branded credit card solutions, has announced a successful $30 million growth investment round. The round was spearheaded by Activant Capital and featured participation from prominent investors like Mischief (co-founded by Plaid’s Zach Perret), Industry Ventures, Thayer Ventures, Assurant, and Amex Ventures. This brings Cardless’ total equity funding to … Read more

Sirona Medical Secures $42M in Series Funding

Sirona Medical, a leader in cloud-native radiology workflow software, has secured $42 million in Series C financing, combining equity and converted debt. The funding round was led by Avidity Partners, with continued support from existing investors like 8VC and GreatPoint Ventures. Strengthening Commitment to Cloud-Native Radiology Innovation This financing highlights investor confidence in Sirona’s revolutionary … Read more