Entreprenuernewsnetwork

True Global Ventures Invests US$3 Million into Dedoco

Dedoco secures US$3 million funding from True Global Ventures 4 Plus (TGV4 Plus) Fund to fuel its global expansion. TGV is an early investor of prominent projects such as blockchain unicorns Animoca Brands and Sandbox, as well as the recently listed marketplace trading platform, Forge Global in the US. Dedoco is a next-generation digital DMaaS (Document Management as-a-Service) that … Read more

Exotel named Pranesh Babu, former Cisco leader as SVP of Delivery and Support

Bangalore-based full stack customer engagement platform Exotel announced their new addition to leadership by appointing Pranesh Babu as SVP of Delivery and Support. In his new role, Pranesh would lead the Delivery team in solutions designing, customer onboarding and revenue realisation strategies for large enterprises. In addition, he would also lead Support initiatives ensuring Exotel’s customers … Read more

SatSure enters the US Market acquired Philadelphia-based Geospatial services company

SatSure, a deep tech startup working at the intersection of spacetech, Artificial Intelligence (AI), and Software as a Service (SaaS) to drive decision intelligence, is pleased to announce the acquisition of Philadelphia-based Old City Innovations (formerly Geospoc LLC, USA) in a cash plus stock deal, marking its entry into the U.S. market. Old City Innovations (OCI) was … Read more

WhitehatJr and EnduroSat Partner to Enable Kids to “Code a Satellite”; Launched Ayana Satellite

WhiteHat Jr will be enabling its students to access a live satellite to encourage space exploration and give a first-hand experience in space science. The satellite, named Ayana, has been developed by leading space service organisation EnduroSat with inputs from and expertise of the WhiteHat Jr team. Ayana was part of the payload carried by … Read more

Simplilearn strengthens its senior leadership, announces two key appointments

Simplilearn, the world’s #1 online bootcamp for digital economy skills, today announced the addition of Mohit Yadav as Vice President – Growth, and Sujoy Ghosh as Vice President – Product to the company’s leadership team. Simplilearn has consistently demonstrated profitability and increased its workforce from 1400 to around 2200 in the past year. With the … Read more

Anita Hassanandani Is Set To Launch Her Own Range Of Clean & Scientific Skincare: Better Beauty

The secret of beauty lies in love, not only love for yourself but for the environment as well. Better beauty is a luxurious, sustainably crafted skincare brand which will be exclusively available on clean beauty platform Vanity Wagon. The brand caters to the line of scientific and bio-compatible skincare that is pure, proven and potent. The products … Read more

OMTV raises ₹ 4 Million in seed funding, to scale production of original content

OMTV, the only OTT network to showcase content pertaining to Indian Sanatan culture, today announced that it has secured funding of Rs 4 million. The company shared that it will be using this funding to cover its current operational cost and ramp up the production of original content. Raj Kumar Jalan and Subhash Jalan led … Read more

Supply-chain fintech startup NAKAD raises $7M in seed round

NAKAD, a supply-chain-focused finance firm, announced on Wednesday that it has secured $7 million in a seed round led by Accel and Matrix Partners India, with AdvantEdge Founders participating. The Delhi-based firm, which provides working finance to India’s supply chain micro, small, and medium enterprises (MSME), said it will utilise the funding to expand its … Read more

US-based WSO2 closes $93M Series E round

WSO2, a digital transformation solutions provider based in California, announced on Wednesday that it has closed its Series E growth-stage investment round, which included Redstart Labs as an investor. Redstart Labs contributed $3 million in the Series E round, which closed at $93 million with $90 million from lead investor Goldman Sachs Asset Management Private … Read more

Fintech startup Three Wheels United raises $10M in Series A Funding

TWU, a worldwide finance startup specialising in electric vehicle financing, has raised $10 million in a Series A round led by Delta Corp Holdings. Delta Corp Holdings is leading the newest funding round, which includes participation from existing investor Techstars. Investors from the Middle East, Europe, and Grip Invest also took part in the round. … Read more

D2C milk delivery startup Country Delight raises $108M in Series D Funding

Country Delight, a direct-to-consumer (D2C) milk and grocery delivery service, raised $108 million in a Series D fundraising round led by Nicholas Cator’s Venturi Partners and Temasek on Wednesday. SWC Global and Trifecta Capital joined the round, as well as returning investors IIFL Asset Management, Elevation Capital, Orios Venture Partners, and Matrix Partners. Country Delight’s … Read more

Instant EMI platform ShopSe raises $6.1M In Series A funding

BEENEXT, Chiratae Ventures, and White Venture Capital were among the investors who contributed $6.1 million to ShopSe, a financial platform that offers quick EMI. The current funding comes after a $5.5 million seed round in April 2021. Pallav Jain, Abhishek Nimonkar, and Yagnesh Desai, all former PayU employees, started ShopSe in 2020. By working with … Read more

Meta, Kalaari Capital partner to scale India’s early-stage invested startups

Meta today announced a partnership with premier VC fund Kalaari Capital to upskill and scale young, invested businesses by providing them with timely business skilling help, furthering its commitment to drive the growth of micro, small and medium businesses in the country. The collaboration is part of Meta’s VC Brand Incubator Initiative, which is an … Read more

ABFRL to raise Rs. 2,195 cr of primary capital from GIC

The board of Aditya Birla Fashion and Retail Limited in its meeting today approved raising of up to Rs. 2,195 cr by way of preferential issuance of equity and warrants to an affiliate of GIC, Singapore’s sovereign wealth fund. GIC will invest Rs. 770 cr now towards subscription of equity and warrants, followed by up … Read more

Metaverse Could Contribute $3 Trillion to Global GDP Within a Decade

The Metaverse is more than just a buzzword. In fact, this virtual-reality world, which has the ability to transform education, health care, manufacturing, job training, communications, entertainment, and retail, could become a tangible and valuable reality in the next decade. A new white paper from Analysis Group, in partnership with Meta Platforms, Inc. (NASDAQ:FB) says to achieve this, … Read more

MetaEstate Has Closed A Multi-Million Dollar Strategic Round of Funding Led by Matrixport and SevenX Ventures

MetaEstate, a Singapore-based metaverse service provider, announced that it has recently closed a multi-million dollar strategic round of funding led by Matrixport and SevenX Ventures, followed by Everest Ventures Group and Y+ Ventures. Besides, Cryptogram Venture (CGV), a Japanese fund that invested in the previous round, performed the follow-up investment in this round. In the current … Read more