Entreprenuernewsnetwork

Medtech firm Agatsa secures Rs 125 mn in funding from cardio experts

Agatsa, a medtech startup that specialises in cardiac issue diagnostics, has raised Rs 125 million to expand its operations and product portfolio. Its goal is to transform India’s cardiac care business. Agatsa has established itself as India’s first B2C med-tech brand, and it is now pursuing B2B partnerships with large hospitals and telehealth firms, according … Read more

Chennai-based EV motor controller maker Revoh Innovations raises $150,000 Seed funding

Revoh Innovations Private Ltd., an IIT-Madras-incubated Electric Vehicle sub-component manufacturing firm, has raised $150,000 in a Seed round from Angel Investors Vel Kanniappan and Ravi Renganathan. Revoh was founded a few years ago by a group of Electronics Engineering graduates with the primary purpose of localising the manufacturing of electric vehicle sub-components and eventually reducing … Read more

Fintech Firm BharatX Bags $4.5 Mn in seed funding

BharatX, a Y-Combinator-backed startup, has raised $4.5 million in a seed round from Y Combinator, 8i Ventures, Multiply Ventures, Soma Capital, and other investors to enable integrated credit in India. Java Capital, an existing investor, also took part in the round. BharatX, founded in 2019 by Jindal, Eeshan Sharma, and Shyam Murugan, offers integrated credit … Read more

HR Tech Company Launches SHL Labs, Plans To Invest $ 30 Mn in innovations for Talent

SHL, the global leader in talent acquisition and talent management technology, announced the launch of SHL’s innovation hub – SHL Labs. Getting together a broad range of talent and capabilities across Data Science, IO Psychology, Artificial Intelligence, and Design, SHL Labs has the ambitious goal of leading the way into the future of Talent Technology. … Read more

B2B Marketplace TradeIndia plans to Recruit Over 500 Professionals

TradeIndia, India’s largest online B2B marketplace, has begun aggressive hiring plans in a variety of industries. TradeIndia is looking to start an aggressive talent acquisition campaign at all levels, from executive to C-suite leadership, as part of its expansion plan and employee care scheme. The brand is currently focusing on undertaking more leadership acquisitions on … Read more

Navi named Meesho CEO Vidit Aatrey as independent Director of its Board

Vidit Aatrey, cofounder and CEO of Meesho, has been appointed as an independent director on the board of Navi Technologies, which is preparing to go public. The appointment will take effect on April 9 if all processes are completed. Navi Technologies now has four independent directors on its board, thanks to Vidit Aatrey’s appointment. Abhijit … Read more

Ather Energy raises $128 mn investment from NIIF, Hero MotoCorp

Ather Energy, based near Bengaluru, has raised $128 million in a new investment round led by sovereign wealth fund National Infrastructure Investment Fund (NIIF) and current backer Hero MotoCorp. In this round, Hero MotoCorp has put in $56 million (approximately Rs. 420 crore), with the remainder of the money coming from NIIF. Other previous investors … Read more

FuelBuddy launches doorstep fuel delivery services in Northeast India

 India’s first and largest legal doorstep fuel delivery service provider, FuelBuddy, recently launched its services in the North-Eastern part of India. The expansion is backed by an Rs. 35 crores investment and promises an employment opportunity for 300 locals.  In order to streamline its operations across the seven sisters, FuelBuddy has partnered with Apna Pump … Read more

Swiggy acquires Times Internet-backed Dineout for $200 million

Swiggy, a food and grocery delivery service, has agreed to buy restaurant table reservation platform Dineout from Times Internet in a definitive deal. Swiggy will now be a complete foodtech platform, from delivery to table reservations. Swiggy is now directly competing with Zomato’s table reservation service, Zomato Book. Swiggy said in a news release that … Read more

Vivriti Capital raises $30 mn from TVS Capital in Series C Funding

As part of its Series C round, non-bank lender Vivriti Capital Pvt. Ltd raised an extra $30 million (about Rs 228 crore) from TVS Shriram Growth Fund 3. Vivriti Finance, which provides debt capital to SMEs in India, most recently secured a Series B investment from Lightrock in two tranches, with $100 million in March … Read more

Bytebeam Secures $3 M In Seed Round

Bytebeam, a Bengaluru-based B2B startup that simplifies Internet of Things (IoT) solutions, has received $3 million in seed funding from Together Fund, Accel, and STRIVE VC. AdvantEdge VC, backed by the Motherson Group, Phanindra Sama, founder of redBus; Tanmai Gopal, cofounder of Hasura; Vimal Kumar, founder of Juspay; Mekin Maheshwari, former CPO at Flipkart; Deepak … Read more

Ednovate, Ed-tech Startup raises fund for growth plans to operate PAN India

Dr. Vinay Jain of Witty Group of Institutions has invested an undisclosed amount in Mumbai-based edtech startup Ednovate in a Series A fundraising round. Other angel investors in the round were Ajay Sarupria and Kaushik Mehta. The new funds will be utilised to grow the company’s operations in India and around the world. In the … Read more

TIFIN closes $109 million in Series D at a $842 million valuation

TIFIN, a fintech platform using artificial intelligence (AI) and investment-driven personalization to shape the future of investor experiences, today announced the successful closing of $109 million in a Series D financing round. Franklin Resources (NYSE: BEN), a global investment manager operating under Franklin Templeton, and Motive Partners, a next-generation investment firm focused on technology enabled companies that power … Read more

Katanox Raises $5.7 Million and Appoints Former MD of Google Travel Rob Torres as Non-Executive Director

Katanox, the travel accommodation distribution and fintech platform, has raised $ 5.7 million from a group of financial, hospitality, and tech entrepreneur family offices to overhaul and reconfigure B2B distribution in hospitality. The group of investors includes Rappi and Yuno co-founder Juan Pablo Ortega, co-founder of fintech Dimebox and current co-founder and CEO of Founda Jan Joost Kalff, and … Read more

Supply logistics firm Stord secures $120 mn in Series D funding

Stord, the cloud supply chain leader, announced today that it has raised an additional $120 million in Series D financing led by Franklin Templeton, bringing the total round to $210 million. Now valued at roughly $1.3 billion, Stord recently crossed $200 million in annualized revenue run-rate and has raised $325 million in total funding. Participants across the entire Series D financing included new investors Sozo … Read more

Web3 Platform Fanztar raised ₹5 Cr in Seed funding

Fanztar, a web3 platform for the creator economy, revealed  that it has raised Rs 5 crore in seed funding lead by India Quotient, a seed-to-early-stage venture capital firm with over 100 firms under its belt. Himanshu Garg (CEO) and Sahil Singla, both IIT Delhi graduates, launched Fanztar (CTO). Ankush Sachdeva, Bhanu Pratap Singh, and Farid … Read more