Entreprenuer News Network Bureau 
Darwinbox, Asia’s leading HR Tech platform, announced the appointment of Gautam Goenka to its Executive Leadership team. Gautam joins Darwinbox as Senior Vice President, Engineering. An IIT Kharagpur alumnus, Gautam brings over two decades of rich engineering experience to the company and has previously worked with top-tier companies like Microsoft and successful startups like Kony. … Read more
JAIN (Deemed-to-be University), in association with Futurense Technologies, has launched a new Bachelor of Technology (B.Tech.) programme in Computer Science and Engineering with a specialisation in Artificial Intelligence and Data Engineering. This course will be focused on providing students with a new way of learning through immersive model of teaching! Every medical college in the … Read more
With the need for sustainable mobility solutions gaining a lot of ground and the Government of India pitching in by incentivizing the adoption of EV and Hybrid Electric vehicles, the need for professionals who can handle these emerging technologies is on the rise. To support the initiative of Government, Automotive Research Association of India (ARAI) has tied … Read more
ALLEN Career Institute (ALLEN) and Bodhi Tree Systems have announced a strategic partnership with the goal of building the world’s most admired and trusted education brand. ALLEN is an education powerhouse with an unparalleled track record of success in the world’s most competitive college entrance examinations and Olympiads. ALLEN has a pan-India footprint with a growing … Read more
Union Minister for Ports, Shipping & Waterways Shri Sarbananda Sonowal today announced in Kochi that Cochin Shipyard Limited has committed to invest an initial corpus of Rs. 50 Crore in Start-up companies engaged in the maritime sector. Shri Sonowal also unveiled the Government’s plan for building Hydrogen Fuelled Electric Vessels keeping pace with the Global … Read more
Ministry of Ayush has taken several initiatives to encourage a startup culture in the field of traditional medicines. The three-day Global Ayush Investment and Innovation Summit (GAIIS 2022) also witnessed enthusiastic participation from startups and students, who showcased their products and various initiatives. In the exhibition held at GAIIS 2022, many established companies along with … Read more
Oye Rickshaw!, the largest and fastest-growing EV mobility player in India, aims to increase its national footprint to 25+ cities, thus enabling its delivery business to grow 5X taking its deliveries from the current 4 million to 20 million in FY2022. The brand, which believes that e-rickshaws will be key to the EV-fication of the … Read more
Universal Robots, the Danish producer of collaborative robots (cobots), has reported record Q1 revenue of USD 85m, 30% up on its 2021 Q1 revenue. Kim Nørgaard Andreasen, Chief Financial Officer, Universal Robots, said, ‘Reporting record Q1 revenue at a time when businesses across the world are facing disruption from the pandemic, supply chain challenges and … Read more
Next Earth has announced a 12.5M USD strategic investment in Limitless. This is an important step forward for Limitless, Next Earth and the metaverse as a whole. Next Earth believes that this investment will help create a thriving metaverse economy and enable new startups to be successful, and users to experience all that virtual reality has to offer. Limitless, … Read more
First In Class edutech platform has signed an MoU with Rotary India Literacy Mission (RILM) to create the largest free-of-cost edutech initiative in India and the world. One Lakh (1,00,000) tablet PCs will be distributed free-of-cost. All the tablets will be loaded with fully functional e-learning platforms also free-of-cost provided by First In Class. This is being done … Read more
Yamaha Motor Ventures, the strategic business development and investment arm of Yamaha Motor Co., Ltd. announced it led a $7.5 million Series A funding round for Verge, developers of the world’s first AI-powered interactive software that enables farmers to plan, simulate, and validate the movement of equipment in the field and execute field operations efficiently. … Read more
Drone manufacturer ideaForge has concluded a $20 million Series B fundraising round headed by Florintree, which is run by Mathew Cyriac, a former Blackstone India private equity co-head. Existing investors such as Celesta, a famous deep tech investment firm, Infosys, Qualcomm, and Infina, as well as the Exim Bank of India, participated in the round. … Read more
Tractor Junction, a rural vehicle marketplace based in Noida, revealed on Thursday that it had raised $5.7 million in a seed round headed by Info Edge Ventures and Omnivore. Existing investors AgFunder GROW Impact Fund and Rockstart AgriFood Fund joined the round, as did angel investors such as Cars24 co-founders Vikram Chopra and Mehul Agrawal, … Read more
Poshn, an agritech platform for wholesale processed commodities distribution and financing, announced in a press release that it has raised $3.8 million (Rs 28.8 crore) in a seed fundraising round headed by Prime Venture Partners with participation from Zephyr Peacock. The startup plans to use the new funds to expand and hire across engineering and … Read more
Amansa Capital, Jungle Ventures, and Nexus Venture Partners led a $120 million Series E investment for Turtlemint, India’s largest insurance advisor focused InsurTech platform. New investors Vitruvian Partners and Marshall Wace, as well as previous investors, participated in the round. This takes the company’s total capital raised since its founding to $190 million. The new … Read more
Fitspire, a vegan health and wellness firm, has acquired $300,000 in funding from Ivor Braganza and Rajesh Sud, two worldwide marquee investors. Fitspire, founded in 2020 by IIM Lucknow graduate Vipen Jain, offers a variety of nutritional health and wellness products. Fitspire produces Vegan Proteins, Multivitamins, Vitality, Healthy Snacking (Bars and Peanut Butter), Weight Management … Read more
