Entreprenuer News Network Bureau 
Surance.io has recently completed a round of financing from Tech Mahindra that acquired 25% equity of the start-up with an option to invest in additional 20%. The initial investment is at the amount of US$ 4 million which will support the global expansion of the strong player in the InsurTech industry. Surance.io is an innovative … Read more
DUOS, a digital health company on a mission to increase the longevity and independence of older adults, announced today a $15 million Series A funding led by Imaginary Ventures, along with participation from existing investors Forerunner Ventures, Declaration Partners, and new investor Optum Ventures. Older adults are facing a two-pronged crisis. First, approximately 10,000 American … Read more
Instoried, a user-friendly, intuitive web platform designed to help people craft empathetic and more effective written content, has announced that it has signed an agreement with the GEM Global Yield LLC SCS, an alternative investment group with offices in Paris, New York, and the Bahamas. Under the agreement, GEM will provide a Share Subscription Facility … Read more
realme, the world’s fastest-growing smartphone brand, has announced its collaboration with FDCI x Lakmé Fashion Week as a co-partner. The first-ever association of the world’s fastest-growing, trendsetting brand with the country’s premier fashion event, underlines realme’s commitment to endorse sustainable trends in its product design and heritage. Fashion Design Council of India (FDCI) together with … Read more
BYJU’S, the leading edtech business, today named Vedhanarayanan Ganeshkumar as Vice-President, Technology, as part of its drive to further enhance its technology vertical. BYJU’S has been investing in the powerful synergy of technology and innovation by scaling its robust tech staff as a tech-driven worldwide leader in education. This new appointment is part of BYJU’s … Read more
Glip, a creator tool suite for gamers to create and monetise, has raised $3 million in its pre-series A round led by Prime Venture Partners. The round also saw the participation of existing backers Better Capital and iSeed. Prominent angels include Paavan Nanda (WinZO), Nilay Arora (Tencent), Suhail Sameer (BharatPe), Ravish Naresh (Khatabook), Vivek Hallekere … Read more
Live video and audio calling platform Dyte today announced that they have raised US$11.6 million in seed funding from Unbound, Sequoia Capital India’s Surge and Nexus Venture Partners. The funding will be used to expand their product and engineering team and focus on international hires while building for a global market. Dyte is a developer-friendly, … Read more
Leading diversified professional services and investment management company Colliers announced the appointment of Rao Srinivasa as Managing Director, Data Centers, with immediate effect. Srinivasa is an industry veteran with more than two decades of experience in project management, design & build, commissioning, and facility operations for data centers, critical infrastructure, and commercial real estate. An enterprising leader, … Read more
Blockchain startup Kandola, which offers a real-time decentralized chip-to-cloud IoT protocol and real-time NFT, has raised a pre-seed round of $450K from a marquee list of investors including AlphaWave Global, Sandeep Nailwal (founder of Polygon), Harsh Rawat (EPNS) among others. The funding round also witnessed participation from Arcanum Capital, a seed-stage VC firm focused on investments … Read more
Venus Aerospace, a startup developing hypersonic aircraft, raised a $20 million Series A funding round led by Prime Movers Lab, which invests in breakthrough scientific companies that reinvent and transform the way we live and operate. Venus Aerospace is building a zero-carbon emission spaceplane that will enable one-hour global travel. One year after closing its … Read more
In a landmark development of taking the Indian EV Journey to a global leadership position, Triton EV has signed an MoU with the Gujarat State Government for setting up the world’s iconic EV Truck Manufacturing Plant with a minimum investment commitment of Rs 10 Thousand Eight Hundred Crore over a span of 5 years. The … Read more
Mobile marketing analytics platform Adjust and app intelligence provider Apptopia today released its Fintech Deep Dive: Digital Currencies 2022 Playbook, a look at the key drivers of crypto currency app adoption in 2021. The report reveals that global crypto app growth skyrocketed 902% year-over-year in the fourth quarter of 2021, with standout markets by growth … Read more
Nazara Pte. Ltd., a wholly owned subsidiary of Nazara Technologies Limited, an India-based diversified gaming and sports media company, has made an investment in BITKRAFT Ventures, a US-based game fund. Nazara will invest USD 2.5 million in BITKRAFT Ventures, with USD 0.875 million going into the company right once and the remaining USD 1.625 million … Read more
XYXX, a premium men’s innerwear and comfort wear label, has signed Indian cricket legend KL Rahul as their first-ever innerwear and lounge wear brand ambassador. This partnership between the top cricketer and the brand would solidify XYXX as a market favourite and pave the road for new client acquisition. With KL Rahul as the face … Read more
Amit Chhajer has been named Director of Engineering at Lummo (previously known as BukuKas). Renuka Thakur, an ex-Shopify executive, has joined the SaaS company’s leadership team in India, which is based in Jakarta and Bengaluru (Product). Amit Chhajer joins the team with over 11 years of expertise. In his previous work at Dunzo, he was … Read more
Phantom Neuro, a burgeoning neurotechnology startup that delivers a low power, high accuracy system for lifelike control of robotic orthopedic technologies, today announced a $3.26 million funding round from leading international and U.S.-based investors. LionBird Ventures, which is headquartered in Tel Aviv and a leader in identifying winning pre-scale digital health companies, led the round with participation from Draper Associates, … Read more
