Entreprenuernewsnetwork

Student Living startup Adventum raises USD 5 mln

Adventum Student Living (ASL) announced on Monday that it has raised $5 million from investors (about Rs 38 crore). Adventum Student Living (ASL), which launched in 2020, helps students locate housing and education financing through its online platforms UniAcco, UniCreds, and UniScholarz. It also provides different assistance to students seeking higher education abroad. The company … Read more

Lenskart invests $100 million in Neso Brands in seed round

Lenskart Solutions Pvt. Ltd, an eyewear company, announced on Monday that it had invested over $100 million in Singapore-based Neso Brands as seed capital. According to the release, Neso Brands, based in Singapore, will continue to invest in consumer eyewear brands and grow them by using synergies across the Lenskart Group to drive worldwide expansion. … Read more

Singapore’s sovereign wealth fund GIC, to take minority stake in D2C Wow Skin Science

Few sources with firsthand knowledge of the situation said that Singapore’s sovereign wealth fund, GIC, has managed to steal the show by announcing that it is in talks to buy a major minority stake in direct-to-consumer cosmetics and personal care firm Wow Skin Science for $75 million. WowSkin Science, founded in 2014 by brothers Manish … Read more

Logistics Start-up Smartr Logistics introduces its brand identity

Smartr Logistics, a newly formed logistics start-up, has announced the launch of its official website and company logo. The logo elevates the company’s corporate identity and represents its goal to be a “one-stop solution for all logistical requirements.” Echoing the brand name – “Smartr Logistics”, the logo is a modern design inspired by the company’s … Read more

CavinKare Launches D2C Platform for Buds & Berries

CavinKare’s digital-first Personal Care Brand – Buds & Berries revealed an exclusive platform to offer consumers an indulgent experience. Consumers can now access the entire range of Body Care, Skin Care and Hair Care products brought together by handpicked exotic garden-inspired ingredients. Aligning with the demands of new-age women, Buds & Berries is a clean … Read more

SVKM’s NMIMS appoints Dr. Kaiwan Mehta as Dean of Balwant Sheth School of Architecture

SVKM’s NMIMS has announced the appointment of Dr. Kaiwan Mehta as Dean of Balwant Sheth School of Architecture, Mumbai. Dr. Kaiwan Mehta’s professional journey of over 23 years spans the roles of an educator, researcher, trainer, consultant, and institution builder. With his multidisciplinary commitment to research and development, he holds proficiencies in the fields of Architecture (B. Arch), Literature (MA), and … Read more

Texas Bitcoin Miners Turn Off to Conserve Power for the Grid

The Texas Blockchain Council, a trade association representing the bitcoin mining industry in Texas, announced today that the bitcoin miners responded to the conservation notice that was issued by ERCOT yesterday. Some facilities shut down while many will ramp down in the afternoons this weekend when power is in high demand but then turn back on … Read more

Adani to Acquire Holcim’s Stake in Ambuja Cements and ACC Limited

The Adani Family, through an offshore special purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Switzerland-based Holcim Ltd’s entire stake in two of India’s leading cement companies – Ambuja Cements Ltd and ACC Ltd. Holcim, through its subsidiaries, holds 63.19% in Ambuja Cements and 54.53% in ACC (of which 50.05% is held … Read more

SumTotal, a Skillsoft Company, Announces Strategic Partnership with Udemy Business

SumTotal Systems, a Skillsoft  company and global leader in talent acquisition, onboarding, learning management, and talent management solutions, today announced it has entered into a strategic partnership with Udemy Business, the corporate training division of Udemy (Nasdaq: UDMY), a leading destination for learning and teaching online. Through this, SumTotal becomes the first Learning Management Experience Platform … Read more

Rebel Foods deploying real-time cold chain monitoring system from TagBox

TagBox has announced that it is providing its AssetLens solution to Rebel Foods, the world’s largest internet restaurant company, for real-time temperature, door-open and power consumption monitoring. The solution comprising of IoT devices like Tag360 sensors to monitor temperature, door-open and energy consumption, TagHub gateways and the AssetLens software platform, will be helping Rebel Foods get complete visibility of … Read more

Bengaluru-based agritech startup Fyllo raises $2 mn in Funding

Fyllo, an agritech firm, has secured $2 million in a round headed by IAN, Triveni Trusts, Ninjacart, and new investors Venture Catalysts, StarAgri, Kia Ora Ventures, Singularity Ventures, Mastermind Capital, and Angel investors. Fyllo, a data-driven Agri-science platform founded in 2019, ensures the quality and quantity of agricultural produce. Their IoT technology identifies and measures … Read more

Bollywood actress Sonam Kapoor invested undisclosed amount in Blockchain-based game MechaFightClub

Sonam Kapoor, a Bollywood actress, has invested an unknown sum in online gaming firm Irreverent Labs’ blockchain-based game MechaFightClub (MFC). According to the US-based firm, MechaFightClub is a metaverse gaming platform with each character in the game being an individually unique, artificially intelligent non-player-character (NPC) living on blockchain as an NFT. Irreverent Labs, founded in … Read more

Nftically Makes Minting Nfts Free For Users; Introduces Zero Cost Gas Fee

NFTICALLY, India’s first global NFT marketplace creator & B2B SaaS is excited to announce that now it will allow the minting of NFTs without any gas fees on the Polygon network. The feature is enrolled to support the pockets of the users who earlier paid hefty amounts as a minting fee and were held back … Read more

FMCG wholesale platform ApnaKlub raises $10M in Series A Funding

ApnaKlub, an FMCG wholesale platform for low population density areas, revealed on Thursday that Tiger Global has invested $10 million in its Series A round. In August 2021, they raised $4 million from Sequoia India’s Surge, Blume Ventures, Whiteboard Capital, and Flourish Ventures. The Bengaluru-based firm, founded in 2020 by HBS alumni Shruti and Manish … Read more

StartPlaying Announces $6.5M Seed Round Funding from Andreessen Horowitz

StartPlaying, the largest online platform to find tabletop role-playing games and professional Game Masters, announced a $6.5M seed round led by venture capital firm Andreessen Horowitz general partners Jonathan Lai and Andrew Chen. The funds will go towards scaling marketing to reach new players, broadening StartPlaying’s network of industry partnerships, and hiring top talent. The company aims to double their … Read more

Nazara reports 273% growth in PAT; 109% growth in EBITDA & 37% Revenue growth YoY for FY22

Nazara Technologies, an India-based diversified gaming and sports media platform with a presence in India and across emerging and developed global markets such as Africa and North America, has announced its audited standalone and consolidated results for the fourth quarter and full year ended March 31, 2022. As of March 31, 2022, Nazara has diverse … Read more