Entreprenuernewsnetwork

Affordplan Expands Its Footprint To Western India With Mumbai’s Saifee Hospital Partnership

Through its relationship with Saifee hospital, a prominent multi-specialty healthcare facility in Mumbai, Affordplan, a healthcare finance company, has reached the western area of India. Affordplan is one step closer to accomplishing its aim of making healthcare finance reasonable, accessible, and convenient with this agreement. In northern and southern India, they already have a formidable … Read more

SIDBI Partnered With Vijaybhoomi University For Skill To Enterprise Module

Small Industries Development Bank of India (SIDBI) has partnered with Vijaybhoomi University under its “Mission Swavalamban” campaign to promote entrepreneurial education for skilled youths who are interested to pursue entrepreneurship as preferred career choice. SIDBI has signed a MoU to train and nurture aspiring youth to venture into entrepreneurship. Vijaybhoomi University will develop a curated course to … Read more

Delhivery raises Rs 2,347 crore ahead of IPO

Unicorn in logistics On Tuesday, a day before its shares open for bidding on May 11 as part of its initial public offering, Delhivery raised Rs 2,347 crore from 64 anchor investors, a mix of marquee domestic and international investors (IPO). The anchor investors received 48 million shares at a price of Rs 487 per … Read more

MoEVing raises $5 million in seed funding

MoEVing, one of the leading full stack electric mobility platforms, has raised $5 million in seed funding from investors such as BeyondTeq, a UAE-based venture capital firm, GCC family offices, Strides One, TradeCred, N+1 Capital, Nitish Mittersain, and others. MoEVing is well-known for providing solutions to top e-commerce, e-grocery, FMCG, and D2C enterprises to help … Read more

HR tech platform HONO raises $5 mn in series A funding

HONO, a prominent HR digital solutions provider, revealed that it had raised $5 million in a series A fundraising round led by Aakash Chaudhry, managing director of Aakash+BYJU’s, a test-preparation firm. Other individual investors such as Hemant Sultania, Amit Khanna of Amaya Ventures, and Harsh Gupta of Udayat Group contributed the remaining $1 million to … Read more

South Indian meals startup VS Mani & Co raises 2.5 cr in angel funding

In an angel fundraising round, VS Mani & Co, a speciality south Indian food firm, raised 2.5 crore. According to a press release issued by the company, angel investors included Haresh Chawla, partner, True North Co; Anupam Mittal, founder and CEO Individuals Group; Ashish Hemrajani, founder & CEO, BookMyShow; Sidharth Rao, group CEO DentsuMB; RajanNavani, … Read more

Crypto Startup Moralis Raises $40 Mn in Fresh Funding

Moralis, a platform that provides developer tools for web applications built on top of blockchains, is to announce a $40 million funding round on Wednesday. According to persons familiar with the data who asked not to be identified because the information is confidential, Moralis, which debuted its platform last June, is now valued at $215 … Read more

Binance Announces Former Deputy US Attorney as its First Deputy General Counsel

Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange, today announced the appointment of Joshua Eaton, former Deputy U.S. Attorney in the Northern District of California, as Deputy General Counsel. Eaton will lead the organization’s legal affairs, supporting global compliance, investigations, and law enforcement coordination activities. Eaton brings over 20 years of experience … Read more

Evisort Raises $100M in Funding Led by TCV

Evisort, the no-code contract intelligence platform loved by legal, procurement, and sales operations teams worldwide, today announced it has raised $100 million in capital, including equity and venture debt financing. This latest round of funding is led by global growth investor TCV, a key investor in Airbnb, LinkedIn, Netflix, and other market-defining companies. TCV General Partner Amol Helekar will join … Read more

Eros Investments partners with Dubai World Trade Centre Authority to develop the Web3 ecosystem

Eros Investments, a leading Global Media, Entertainment & Technology portfolio of ventures, announced a strategic partnership with the Dubai World Trade Centre Authority (DWTCA) to operate under the world’s only specialist Virtual Asset Regulatory Authority (VARA), and enable growth of the worldwide Web 3.0 industry and associated blockchain businesses from Dubai as the Hub. Foundational … Read more

Locus named Ranadheer Velamuri as Senior Vice President of Engineering

Ranadheer Velamuri has been named Senior Vice President – Engineering at Locus, an order-to-delivery dispatch management platform that addresses logistics difficulties and enables simple process automation. Locus will revamp its technical team under his supervision in order to build and improve its cutting-edge, enterprise-ready solutions for excellence in last-mile logistics. Velamuri has more than 20 … Read more

Foreign Admits Raises Rs 3.26Cr From Unicorn India Ventures and others

ForeignAdmits, an overseas study help firm based in Bengaluru, has raised Rs 3.26 crore from Mumbai-based early-stage fund Unicorn India Ventures (UIV) and other investors. The round included Beerud Sheth, founder of Gupshup, Zishaan Hayath, founder of Toppr, and Keshab Panda, former chief executive officer of L&T Infotech. ForeignAdmits intends to use the additional funds … Read more

Ecommerce Enablement Startup GoKwik Secures $35 Mn In Funding

GoKwik, an e-commerce enabling firm, has secured $35 million in a Series B round headed by RTP Global and Think Investments. Existing investors Sequoia Capital India and Matrix Partners India also participated in the round. The fresh capital follows GoKwik’s $15 million Series A round in November of last year, bringing the company’s total fundraising … Read more

Fintech Startup Multipl Bags $3 Mn In Funding

Blume Ventures, GrowX Ventures, IIFL, and Kotak Securities Limited led a $3 million Pre-Series A fundraising round for fintech firm Multipl. The new funds will be used to expand the platform’s investment possibilities and help customers better budget their costs, according to the company. Multipl, founded in 2020 by Paddy Raghavan, Jags Raghavan, and Vikas … Read more

Edtech Startup iNurture Raises $15 Mn In Funding

ADM Capital has invested $15 million in loan and equity for Bengaluru-based edtech firm iNurture. As part of the arrangement, iNurture’s current investor VenturEast will exit the company, and ADM Capital will take over its shares. The new funds will be used to expand iNurture’s National Education Policy 2020 (NEP) programmes, improve its technology stack, … Read more