Entreprenuernewsnetwork

Samosa Party forays into offline restaurant space with brick-and-mortar stores

Samosa Party, India’s fastest-growing QSR, has announced its debut into the offline restaurant industry, with its first brick-and-mortar locations in Bengaluru, delivering hot and crispy samosas in 15 flavours with freshly-made condiments and accompaniments. The two locations, which will be located at 12th Main Indiranagar and Forum Mall Koramangala, will occupy excellent restaurant space, upgrading … Read more

LambdaTest named Maneesh Sharma as Chief Operating Officer

Maneesh Sharma, previously GitHub General Manager for India, has joined LambdaTest, a leading test orchestration and execution platform, as its Chief Operating Officer. Maneesh will lead all the go-to-market functions in the company. Maneesh, who has over 22 years of experience, was leading GitHub India’s phenomenal growth and operations until recently. Under his leadership India was the fastest … Read more

BYJU’S named Jiten Mahendra as Vice President & Head Marketing

BYJU’S named Jiten Mahendra as Vice President & Head Marketing. He is leaving Landmark Group as senior vice president of marketing. Mahendra made a change to his LinkedIn profile to reflect his new location. His post read, “My 12-year-long innings with the Landmark Group and Max Fashion come to an end. I am thankful to Vasanth … Read more

Data security startup Seclore raises $27M

Seclore Technology Pvt. Ltd., a data-centric security startup, announced today that it has raised $27 million in new funding to aim to become the platform of choice for business data protection projects. Seclore, which was founded in 2003, provides an open, automated data-centric security platform for businesses. The platform is meant to enable enterprises to … Read more

Healthtech startup MFine lays off over 500 employees

According to employees interviewed by Moneycontrol, healthtech business MFine, owned by Novocura Tech Health Services, has cut off around 500 employees due to a financial shortage at the Beenext and Stellaris-backed startup. The Bengaluru-based business employs around 1,000 people and has laid off workers in the data science, engineering, and product areas. A few individuals … Read more

DoorDash approves $400 million stock Buyback

According to a regulatory filing on Thursday, DoorDash Inc. has authorised the buyback of up to $400 million in shares. In its filing, DoorDash DASH, -1.08 percent stated that the move is being made to counter dilution from its employee stock-compensation scheme. During the coronavirus pandemic, the delivery-app platform, which went public in 2020, reported … Read more

ZEE To Dip Toes Into The Metaverse With NFTs From Movies, TV Shows, Web Series

The new technology and innovation centre for Zee Entertainment in Bengaluru will focus on improving the user experience of the company’s streaming platform ZEE5 and generating digital goods. Mittal believes that Zee will soon join the metaverse. “Zee’s metaverse will create a new reality that blends real-world and digital ecosystems.” We’re building the metaverse as … Read more

Vijay Shekhar Sharma Reappointed MD And CEO Of Paytm

Paytm’s founder Vijay Shekhar Sharma was re-appointed as the company’s Managing Director and Chief Executive Officer on Saturday. He has been reappointed to the job for a period of five years, with effect from December 19, 2022, according to the company’s exchange filing. Madhur Deora, the company’s current Chief Financial Officer, has been appointed as … Read more

Energi Secures $50 Million Investment Commitment from GEM

Security-focused blockchain, Energi (NRG) secures Investment Commitment for $50 million. This marks an important step forward for the organization which has until now sustained itself by self-funding, rather than having launched with a pre-mine or ICO. With this investment commitment, Energi is well-positioned to continue its growth and drive the adoption of its blockchain technology. The … Read more

Seagram’s 100 Pipers Pledges for a Greener Tomorrow by Launching 250 Environmentally Linked NFTs

After the exemplary response to the launch of India’s first Environment-themed NFTs dedicated to Tree Plantation titled ‘Now Funding Tomorrow’, Seagram’s 100 Pipers has upped its game by dropping another set of unique environmentally linked NFTs. The saga will continue this International Day for Biological Diversity on 22nd May when the brand rolls out their next set of … Read more

Major League Cricket Raises 120 Million Dollars in Funding

Major League Cricket in the United States has revealed that they have raised 120 million dollars in a series A and A1 fundraising round that includes Silicon Valley heavyweights like Satya Nadella. According to MLC, the six-team franchise T20 league sanctioned by USA Cricket, 44 million dollars has been secured following the completion of these … Read more

ZincSearch raises $3.6 mn in seed funding

ZincSearch, a full-text search engine, announced a $3.6 million seed funding round led by Nexus Venture Partners, with participation from Dell Technologies Capital, Secure Octane, Cardinia Ventures, and technology leaders including Anand Babu Periasamy, Balaji Parimi, Rob Skillington, Anshu Sharma, Luke Kim, Awais Nemat, Dan Pinto, and Alex Gallegos. ZincSearch was founded by Prabhat Sharma, … Read more

FoodTech strartup Imagindairy closes its seed round, reaching a total of US$28m in investment

Imagindairy, Ltd, a foodtech business that develops animal-free milk proteins, has raised an extra $15 million in its extended seed round. The first round, which took place in November 2021, raised US$13 million. This raises the total investment capital to US$28 million, making it one of the most profitable seed rounds in the alternative protein … Read more

Bravado Raises $26M Led By Tiger Global, Acquires Compgauge

Bravado, the professional network for B2B sales, today announced it has raised $26 million in Series B funding led by Tiger Global. The round included community participation from 250 Chief Revenue Officers and VPs of Sales, along with prominent angels like Zynga founder Mark Pincus, Lenny Rachitsky and the Airbnb alumni syndicate, Packy McCormick, and Sahil Bloom. Existing investors Redpoint Ventures, XYZ Ventures, Freestyle … Read more

Saga Raises $6.5 Million Seed Round to Build the Next 1000 Chains in the Multiverse

Saga announced today that it has raised a $6.5 million seed round at a $130 million valuation. Investors in the round include Maven 11, Longhash Ventures, Hypersphere, Figment, Polygon Studios, Samsung NEXT, Chorus One, GSR, C2X, CRIT Ventures, Merit Circle, Hustle Fund, Unanimous Capital, Strangelove Ventures, Tess Ventures, nfr, Akash Network, Zaki Manian, Jae Kwon, Garrette Furo, Alex Shin, Nick Tomaino, Peter Kim & Bo Du (Polymer) and several … Read more