Entreprenuer News Network Bureau 
Neobanking platform Stashfin has made a key addition to its leadership team, with Anirudh Dhakar joining as Vice President, Co-lending. Prior to Stashfin, Dhakar was associated with Northern Arc Capital and is an accomplished professional in the financial sector. He has a proven track record, having conducted due diligence of more than 30 fintech entities … Read more
LenDenClub, India’s largest Peer-to-Peer Lending platform, with its vision to drive financial inclusion, is building a formidable leadership team as it prepares for its next growth phase, chasing an ambitious goal of $1 billion in loan disbursals. To this effect, the RBI registered NBFC-P2P has made a key leadership appointment and hired CA Mudit Agarwal … Read more
99 Pancakes, a Mumbai-based quick service restaurant (QSR), has raised Rs 6.5 crore from a group of angel investors in a round of fundraising. In the next months, India’s first QSR chain specialising in pancakes plans to use the funds for aggressive expansion and marketing across the country. The company, which recently partnered with major … Read more
Mankekar Family Office, Artha Venture Fund, Siddharth Shah, and API Holdings’ Dharmil Sheth, among others, led a $4.5 million pre-Series A fundraising round for Mumbai-based chess institution HobSpace. The money will be used to expand internationally and speed up product development. HobSpace will also put the money on technology to improve the students’ entire experience. … Read more
Questbook, a Web3 grants platform, raised $8.3 million from Lemniscap in its Series A fundraising round. Coinbase Ventures, Alameda Research, Dragonfly, Hashed, Polygon, Balaji Srinivasan, Raj Gokal (Solana), Arjun Sethi (Tribe Capital), and Maneesh Sharma all participated in the round (GitHub). Abhilash Inumella, Subhash Karri, Sriharsha Karamchati, and Madhavan Malolan created Questbook in the United … Read more
Following Vedantu, Unacademy, and Meesho, Cars24, an upcoming IPO, has laid off about 600 staff in the last few weeks. Across divisions, the startup has primarily laid off people in lesser levels. According to the article, the company employed roughly 9,000 people before the layoffs. According to these people, layoffs have occurred across departments and … Read more
GeoIQ, a hyperlocal performance prediction firm, has raised $2.25 million from Lenskart and current investors 9Unicorns and Ecosystem Ventures. The funding will be used to grow into worldwide geographies, develop the startup’s proprietary data stack, and leverage data scientist networks to build various AI models. Devashish Fuloria, Tusheet Shrivastava, and Ankita Thakur created Bengaluru-based GeoIQ … Read more
From Pune comes this heart-warming story of Yogesh Sonar who wants to reach out to people with disabilities across India by offering them training in digital marketing skills. As a child with a disability growing up in rural Maharashtra, Yogesh Sonar had it hard. Yogesh’s left leg was affected by a childhood polio attack and he had a hard … Read more
Masterschool, a network of tech career-training schools, announced a $100 million seed funding round led by Group 11, with significant participation from Target Global, Pitango Ventures, Dynamic Loop Capital, Sir Ronald Cohen, and other strategic investors. With 1 million unfilled IT jobs in the US alone, the tech talent shortage is one of the biggest challenges facing companies today and … Read more
Cayaba Care, a maternity health startup, announced today the closing of a $12 million Series A round that will work to expand the company’s footprint within underserved populations. The funding will be used to increase staff, launch in additional markets and further invest in technology solutions that will increase access to much-needed holistic maternity services. The Series A … Read more
Cylus, the global leader in rail cybersecurity, announced today the addition of Sandeep Joshi to its advisory board. Joshi brings over 35 years of experience and expertise in mobility, business management, operations, and engineering, particularly in the rail sector, and will bolster Cylus’ continued growth in India and throughout Southern Asia. Joshi served previously as Managing Director at Alstom, where … Read more
Inflection Point Ventures led a $1.1 million Pre-Series A financing for Bengaluru-based relocation platform HappyLocate. The round was also attended by VM Ventures and RMZ Management. The money raised will go toward improving operational efficiency and expanding the company’s reach. HappyLocate has become the most sought-after solution for more than 50 enterprise clients, including Fortune … Read more
EdTech startup Pressto is proud to announce its Pre-Seed Capital raise of $1.5 million led by Tidal Venture Partners and with participation by Copper Wire Ventures as well as angels including Isa Watson (Lightspeed Ventures Scout Fund), Wray Thorn (Clear Heights Capital), Dan Carroll (Clever), Ann Berry (Threadneedle Ventures), Jacob Zachs (former Newsela), Chris Yeh (Blitzscaling Ventures) and Alex Rappaport (Flocabulary). Pressto’s proprietary technology makes learning to write fun for kids and easy for teachers. … Read more
QTUM, an open-source public blockchain platform, will be partnering with global digital asset investment platform Bit.Store. As per the partnership, Qtum will access the payment ecosystem of Bit.Store, while Bit.Store will incorporate the QTUM token into the platform system. Bit.Store has accumulated hundreds of thousands of users and is popular in the Southeast Asian market. … Read more
Coins.ph, the Philippines’ leading fiat, and crypto wallet services provider and Joffre Capital portfolio company, today announced the successful completion of a $30 million Series C financing led by Ribbit Capital, and joined by other strategic investors. The new capital will be used to further expand its Web3 ecosystem and presence throughout Southeast Asia. Coins.ph … Read more
Fortis Digital Ventures is raising $100 million for an altcoin-focused digital assets fund. The fund attempts to bridge the gap between traditional and decentralised finance, according to a statement provided with CoinDesk by the company. Fortis Digital Ventures was founded by the managing partners of Fortis Financial Group, a Seattle-based investment firm with over $250 … Read more
