Entreprenuer News Network Bureau 
The Fundamentum Partnership, an early growth stage firm created by Nandan Nilekani and Sanjeev Aggarwal, led a $27 million Series B fundraising round for Ayu Health Hospitals. Existing investors Stellaris Venture Partners, Vertex Ventures, and Alteria Capital joined the round, as did US-based fund 57 Stars, Rohit MA-led Capier Investments, angel investors Ashish Gupta, Khadim … Read more
Pearson, the world’s leading learning company, today announced it has acquired Mondly, a global online language learning platform. The acquisition will allow Pearson to offer a full range of ways for people to learn and prove their English skills – adding online self-study to its existing diagnosis and learning tools and assessment portfolio. Mondly is … Read more
Bangalore-based leading digital aggregator in Agritech space, Ergos The Grain Bank, aims to further expand the footprint to 650 locations with revenue growth of upto Rs. 1,800-2,000 crores by 2023-24. Ergos The Grain Bank has scaled across 26 districts in Bihar, 10 Districts in Karnataka and 17 Districts in Maharashtra with over 1,45,000 farmers actively engaging on the technology-based … Read more
Terra Motors, a Japanese electric vehicle manufacturer with the vision of creating a new industry and sustainable society, has entered into a strategic partnership with Sun Mobility, the leading provider of battery swapping services for electric vehicles (EVs). Together, the two companies plan to integrate Terra Motors’s 3W passenger vehicles and 2W platforms with SUN … Read more
L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leading pure-play engineering services company, has garnered a multi-year $100 million+ electric air mobility deal from Jaunt Air Mobility (Jaunt). As part of the contract, LTTS will open an Engineering and R&D Centre in Québec Province for the next-gen electric aircraft manufacturer to provide engineering services … Read more
Mendel, the leading clinical artificial intelligence and natural language processing platform, today announced it has raised $40 million in Series B funding round led by Oak HC/FT. The round includes participation from existing investor DCM, who led Mendel’s Series A funding round in June 2021. This funding comes amidst surging customer demand for Mendel’s AI infrastructure. The fresh … Read more
KuCoin, a cryptocurrency trading platform based in the Seychelles, has established a $100 million “Inventors Fund” intended towards early-stage NFT creators. This fund will be a complement to their recently announced NFT marketplace in conjunction with Windvane. KuCoin, which was founded in 2017, claims to have surpassed 10 million registered users by the end of … Read more
Emirates, a leading airline, has revealed intentions to offer NFTs and novel metaverse experiences for its customers and staff in the near future. This week, the airline announced intentions to create signature brand experiences in the metaverse, as well as collectible and utility-based NFTs. The initial initiatives are currently in the works, with a debut … Read more
Celcius, a cold chain marketplace, has raised $4.5 million in pre-Series A funding from Mumbai Angels, Supply Chain Labs, Endurance Capital, VCats, Keiretsu Forum, Huddle, EVAN, and other investors. Celcius, situated in Mumbai, was founded in November 2020 by Swarup Bose, Arbind Jain, and Rajneesh Raman. It is India’s first cold chain marketplace. It provides … Read more
Rario, creators of a cricket NFT platform, today announced a $120 Million Series A funding round led by Dream Capital, the Corporate Venture Capital and M&A arm of Dream Sports. Rario currently has the largest share of cricket NFT rights globally through exclusive partnerships with 6 international cricket leagues and a roster of 900+ cricketers. … Read more
ITC intends to purchase a 10% share in Blupin Technologies Private Limited, the firm behind the Mylo brand. Mylo is a full stack community eco-system focusing on the parenting journey of young families, which was founded in 2017. Mylo provides a diverse and relevant selection of material, health tools, chats, and community sharing features to … Read more
Nat Habit, a personal care brand which uses FRESH natural, preservative & chemical free products, raised $4 Million in Series A funding. This round was led by consumer-brands-focused Fireside Ventures, along with participation from existing investors. The round also provided exits to some of the early angel investors. The new round will be used to accelerate growth, … Read more
Financepeer, an edu-fintech business, has raised $31 million in a Series B fundraising round led by QED Investors of the United States and Aavishkaar Capital of Mumbai. Ardent Ventures, a US-based edu-tech investor, as well as DMI Sparkle Fund, DMI, 9Unicorn, LC Nueva AIF, and Maxar VC, participated in this round. Financepeer, founded in 2017 … Read more
Vayana Network Services Pvt Ltd, a digital trade financing network, has raised $15 million (Rs 114 crore) in Series C funding from the International Finance Corporation (IFC) and PayU. The Pune-based firm intends to use the additional funds to develop MSME-focused solutions. Vayana Network is a B2B trade financial intermediary that connects SMEs and corporates … Read more
VideoVerse – a video-editing SAAS platform formerly known as Toch.ai – announced today that it has secured $46.8 million in Series B funding led by A91 Partners, Alpha Wave Global and Binny Bansal, who is former co-founder of Flipkart and a current investor in the company. Other investors include Innoven Capital, Pacific Western Bank and Stride … Read more
Mutiny today announced a $50 million Series B funding round co-led by Tiger Global and Insight Partners with participation from prior investors Sequoia Capital, Cowboy Ventures, and Uncork Capital. The round also includes current and former CMOs from world-class companies like Uber, Visa, Salesforce, Square, Figma, Condé Nast, Carta, Snowflake, and Atlassian, who see in Mutiny a new … Read more
