Entreprenuer News Network Bureau 
Loop, a healthcare and insurance business, has received a $25 million Series B round of funding. General Catalyst and Elevation Capital (previously Saif Partners) co-led the round, which also included Vinod Khosla & Khosla Ventures, Sierra Ventures, and a new investor, Optum Ventures. “GC and Elevation are likely to co-lead a new round worth about … Read more
upGrad, Asia’s higher EdTech major with a strong presence across the APAC doubles down on the Vietnam region to address the strong local demand for digital-first education, as the country heads towards Industry 4.0. The Edtech major has recently appointed Ex-OYO Dushyant Dwibedy as the Vietnam Country Head with a mandate to build a strong … Read more
Indiabulls Real Estate Limited (NSE: IBREALEST) (BSE: 532832), announced that it has successfully completed a capital raise of ₹8.65 billion (US$ 114 million) at ₹101.10 per equity share through Qualified Institutional Placement. Trading of these shares will commence today i.e. April 18, 2022, on NSE and BSE. The fund-raising committee of the Board of Directors of … Read more
Experify, the first platform to enable a truly authentic product review experience by connecting prospective buyers with purchasers, closed a $4M seed round led by Vertex Ventures US, with the participation of Sonae Investment Management and the Berkeley SkyDeck Fund. In recent years, the rise of disingenuous influencers, hidden advertisements, and unverified purchasers have greatly … Read more
One More Game, a new game studio built by veteran developers behind Warcraft, StarCraft, Diablo, and Guild Wars, today announced that it closed a $22 million Series A funding round led by Lightspeed Venture Partners. The investment will further empower the team in its mission to help players have more fun, beginning with its first title: Spellcraft, an online competitive strategy game … Read more
Native Angels, a Tier II and III region-focused angel investor network, led a Rs 1.15 crore angel fundraising round for Coimbatore-based agro firm Laymen Agro Ventures, which operates under the VilFresh brand. Upaya Social Ventures and Sangam Ventures also took part in the round. The business hopes to use the funds to expand to five … Read more
Prakriti E-Mobility, an electric mobility startup, has received an undisclosed amount of lead investment from IEG Investment Banking Group as part of its pre-Series A funding round. The money will be used to grow the company’s electric vehicle (EV) fleet and install more charging stations across the country. It will also utilise the funds to … Read more
CoinDCX, India’s most valuable crypto trading platform, has secured $135.9 million (about Rs 1,000 crore) from investors led by Pantera Capital and Steadview Capital, more than doubling its valuation to $2.15 billion in less than a year. The money comes as cryptocurrency exchanges in India are subjected to new taxation restrictions. Due to limited access … Read more
Whatfix, the global leader in the digital adoption platforms (DAP) space, today announced the acquisition of Leap.is (previously Jiny.io), a mobile-first onboarding and assistance platform that brings the value of digital adoption platforms to mobile applications. The deal marks Whatfix’s first mobile DAP product focused acquisition, as well as its largest M&A deal so far. Mobile Expansion … Read more
‘NamasteyNFT’ – a collective that aims at empowering and supporting artists and creators-is thrilled to host ‘NamasteyNFT Bengaluru 2022’, a one-of-a-kind, free-to-enter event to be held at the Bangalore International Exhibition Centre from May 14-15, 2022. Giving more details, NamasteyNFT spokesperson Mayank Tiwari said, “The event will witness a confluence of artists, developers, and collectors … Read more
Mytaverse, the next-gen platform empowering enterprises in a virtual shared metaverse, today announced that it has raised $7.6 million in Seed funding to support the evolving needs of enterprises. Blumberg Capital led the round, joined by Baselayer Ventures, Correlation Ventures, Accelerator Ventures and others. A follow-on investment was made by Alberto Peisach. David Blumberg, founder and Managing Partner of … Read more
Thunes, a Singapore-based global payments company, today announced that it has taken a majority stake in the anti-money laundering (AML) and compliance technology firm, Tookitaki Holding Pte Ltd (‘Tookitaki’) by making an investment of over $20 million. The alliance of both firms empowers the banking and financial services industry to fight money laundering and offer … Read more
Xirify- a Pune-based hyperlocal, quick commerce App for ordering products and services announced integration of Cashfree Payments, Petpooja, Gupshup, Exotel, and Brozo (Previously known as Wefast), to become a one-stop order management solution for business partners. Having created a mark for itself in the marketplace which is to a large extent dominated by big players, … Read more
iNeuron, India’s leading affordable technology education EdTech company, has acquired a 100 percent stake in YouTube Influencer Hitesh Chaudhary’s initiative ‘Learn Code Online.’ Hitesh Chaudhary has over 700,000 education subscribers on his channel, will also come on board as the Chief Technology Officer of iNeuron. LCO (Learn Code Online) will now be managed by iNeuron … Read more
To help spread awareness around Testicular Cancer Awareness Month this April, men’s health charity Movember, will launch the world’s first NFT (Non-Fungible Token) that could save a life. Designed by art collective MISHKA NYC, in collaboration with MRM New York, the Non-Fungible-Testicles NFT project aims to create awareness around the risk of testicular cancer, providing users with the reminders … Read more
According to regulatory papers issued by the firm, Walmart-backed Flipkart invested $116 million in apparel retailer Myntra on March 25th. The news comes just days after the e-commerce giant announced that it will list in the United States next year and that its IPO valuation target has been upped by a third to $60-70 billion. … Read more
