Entreprenuer News Network Bureau 
Swiggy, the Bengaluru-based food aggregator, has shut down its subscription-based commerce platform Supr Daily. The firm informed its customers that it will cease operations in five cities, including the Delhi-NCR region, on May 12. Supr Daily was started in 2015 by IIT Bombay grads Shreyas Nagdawane and Puneet Kumar and acquired by Swiggy in 2018. … Read more
Great Learning, a subsidiary of BYJU’S group, has bought Singapore-based Northwest Executive Education for around $100 million in stock and cash. Northwest, founded in 2015 by Mohit, Tamhant, and Singhvi, provides executive education in a variety of fields, including management, leadership, technology, healthcare, and innovation. It claims to have over 50 countries represented among its … Read more
Skillmatics, a global brand for children’s educational games and resources has raised US$16 million in Series B funding, led by Sofina with participation from existing investors, Sequoia Capital India and Jalaj Dani Family Office. The funds will be used to strengthen Skillmatics’ presence in the US, expand the brand’s product offerings to new age groups … Read more
Ankur Capital led a $3.5 million funding round for Josh Talks, an upskilling platform. Among the notable investors in the round were Vijay Shekhar Sharma (Paytm), Vaibhav Domkundwar (Better Capital), Vineeta Singh (SUGAR Cosmetics), Ritesh Agarwal (OYO), and Ankur Warikoo (Ex-Nearbuy). Josh Talks, which previously raised $1.5 million from the New York-based Media Development Investment … Read more
Omega Healthcare has announced that it will expand its operations in India over the next 12 months, with plans to add 18,000 specialists. According to a press release from the company, the expansion would include operations in Bangalore, Chennai, and Hyderabad. The technology-enabled healthcare service provider has already begun the employment process, with 4,500 specialists … Read more
Kolo, India’s top home content community, has raised $ 4 million from global venture capital company RTP Global and previous investor Better Capital. The fresh investment will help the company continue to grow, improve consumer-facing product offerings such as the content recommendation engine, community offering, digital portfolio, and professional tools, and expand its presence across … Read more
upGrad for Business (uGB), the B2B branch of Asia’s higher edtech behemoth upGrad, has added to its executive leadership team with significant recruits to support the expansion of its outcome-based learning approach for Indian corporations. The addition of Ketaki Kadekar as Director of Customer Success and Growth and Dolphy Dias as Director of Sales to … Read more
Entersekt, a global leader in device identity and authentication solutions, today announced that Capitec Bank has implemented its innovative EMV 3-D Secure solution that boosts the security of e-commerce payments, while reducing friction for cardholders. Entersekt’s solution leverages behavioral analytics from NuData Security, a Mastercard company, that provides industry-leading risk-based authentication technology. This builds on the partnership between Entersekt … Read more
CoinDCX, an Indian crypto exchange, has announced the creation of CoinDCX Ventures, an investment effort that will fund early-stage crypto and blockchain firms, bolstering India’s digital asset ecosystem and speeding up the digital economy’s transformation. The initial fund is estimated to be worth Rs 100 crore, with funds coming entirely from the company’s financial sheet … Read more
Anja Health, the personalized doctor-backed cord blood banking company, today announced a $4.5M seed funding round led by Alexis Ohanian’s Seven Seven Six with participation from Harvest Ventures and Crista Galli Ventures, in addition to prominent athletes and executives including Aly Raisman, Cleo Abram, Chris Ovitz, Balaji Srinivisan, Zachariah Reitano – CEO and founder of Ro, and Tim Lenardo – CEO and founder of JetFuel. Through this strategic … Read more
SG Analytics (SGA), a Global insights and analytics company, has appointed Sid Banerjee as the firm’s new Chief Executive Officer (CEO). Sushant Gupta, Founder, SG Analytics will now take on the role of Founder & Chairman. He will focus on steering the company towards its stated resolve of creating a regenerative organization in line with … Read more
Tomorrow Farms, a food technology company on a mission to fuel the sustainable food revolution with irresistible food and beverage brands, announced today an $8.5 million seed round led by Lowercarbon Capital and additional key investors, including Maveron, Valor Siren Ventures, Simple Food Ventures and SV Angel. Working to become the trusted, household name for the future … Read more
Today, the BIG3 announced that Snoop Dogg – the legendary entertainer and member of Mt. Westmore – and Ken Howery – co-founder of PayPal and successful venture capitalist – have teamed up to purchase 25 Fire-Tier editions of Bivouac, receiving ownership-like value and utility in the team. This purchase follows the recent announcement that NFT communities DeGods, Gary … Read more
Redcliffe Lifetech (Redcliffe), an omnichannel diagnostics platform, has raised $61 million in a Series B round led by LeapFrog Investments and including Healthquad, Schroders, LC Nueva, Growth Spark Ventures, and existing investors Chiratae Ventures and Alkemi Venture Partners. Redcliffe was founded in 2018 and provides diagnostic services through its network of 22 labs in 14 … Read more
The Boards of Directors of Mindtree and LTI at their respective meetings held today approved a composite scheme of amalgamation of both these independently listed IT services companies under the Larsen & Toubro Group. The proposed integration will see Mindtree and LTI join strengths to create an efficient and scaled up IT services provider exceeding $3.5 … Read more
Klub, India’s leading Revenue Based Financing platform, today announced that it has funded more than 15 growth & late-stage online businesses through its Rs. 200 crores Revenue Based Financing fund. The fund’s diverse portfolio consists of digital businesses such as the popular online apparel platform, Bewakoof, India’s largest gourmet chocolate brand, SMOOR, Gourmet Garden, The New Shop & many more. … Read more
