Entreprenuer News Network Bureau 
Plum, a100% vegan, cruelty-free &toxin-free beauty brand has raised $35 million (INR 270 crores) in a Series C round led by A91 Partners – a leading late stage-focused venture capital fund. The round also saw participation from existing investors Unilever Ventures and Faering Capital. To date, Plum has raised over $50 million from consumer-focused institutional … Read more
Christina Lee has been named Chief Technology Officer of Dentsu Asia Pacific, with an effective date of April 4, 2022. Christina’s responsibilities will include establishing an overarching technology strategy, industry-leading capabilities and solutions, and driving day-to-day operations through transformational business and technology initiatives. She will be based in Hong Kong and will report to Dominic … Read more
O’hi is the social networking app that took the first movers advantage using the power of real-life human interaction in the same physical space as café to allow people to make meaningful connections instantly. The firm has raised INR 3 Cr. in seed funding from marquee investors such as Rahul Mehta ( Managing partner DST … Read more
New Delhi-based health and wellness brand, Welly, raises $400K in a Seed round from Anthill Ventures. Founded by Urvi Raghbeer, Welly was selected under Athena, a one-of-a-kind scaling program by Anthill ventures supporting women founders. The funds raised will be utilized by Welly to expand the product portfolio, increase the customer base, and grow the … Read more
Infosys a global leader in next-generation digital services and consulting, today announced a definitive agreement to acquire oddity, a Germany-based digital marketing, experience, and commerce agency. The move strengthens Infosys’ creative, branding and experience design capabilities, and demonstrates its continued commitment to co-create with clients and help them navigate their digital transformation journey. With more than 300 … Read more
ChargeAfter, the market-leading Buy Now Pay Later (BNPL) consumer financing network that provides shoppers with responsible, approved financing offers from multiple lenders with a single application, and bespoke white-labeled BNPL platform services for global banks and financial institutions has announced the completion of their $44M Series B. The round was led by The Phoenix, with … Read more
Nikhil Rungta has been appointed as Chief Growth Officer of Vedantu. Rungta will report directly to Vamsi Krishna, CEO and Co-Founder, and will be in charge of growing and driving growth across all business divisions. Brand, social, and digital marketing, strategic partnerships, public relations, and YouTube will all be part of his remit. Rungta will … Read more
Varun Jha has been named the new Chief Marketing Officer of Cuemath, a global math tuition platform. Jha will play a key part in Cuemath’s success by planning, developing, and implementing the brand’s strategic marketing strategy. He will also play a key role in the company’s global expansion. Jha is a consumer Internet industry veteran … Read more
PhonePe, India’s largest digital payments platform, has announced the acquisition of GigIndia, the country’s largest network for independent micro-entrepreneurs. GigIndia, which has 1.5 million entrepreneurs and over 100 businesses as customers, would merge with PhonePe as part of the deal. PhonePe will use GigIndia’s network of freelancing microentrepreneurs to assist corporations and businesses in expanding … Read more
The B2B software as a service company Draup Inc., announced today that it has secured its first round of institutional financing to accelerate product development, enhance customer experience, and develop new use cases to help customers achieve better business outcomes across both talent management and sales growth. Draup’s first investment is led by HKW, a … Read more
FTX Trading Limited, and West Realm Shires Inc., the companies behind FTX.US and FTX.COM respectively announced a long-term partnership with four-time Grand Slam singles champion, Naomi Osaka. In addition to becoming an FTX global ambassador, Osaka will receive an equity stake in FTX Trading Limited and will be receiving compensation in crypto. The four time Grand Slam … Read more
Airbnb Co-Founder and Chairman of Airbnb.org, Joe Gebbia, and USA for UNHCR announced today Gebbia’s commitment to match donations up to $1 million to provide lifesaving aid, protection and hope for displaced families from Ukraine. This announcement comes after Airbnb.org, Gebbia’s brainchild non-profit, said it would offer free, short-term housing to up to 100,000 refugees … Read more
Ola Electric, India’s leading manufacturer of EVs, has invested in an Israeli battery technology company StoreDot, a pioneer in batteries with extreme fast charging (XFC) technology. The investment in StoreDot is the first of several global strategic investments planned by Ola Electric as it looks to ramp up its core R&D in advanced cell chemistry … Read more
Glia, the leading provider of Digital Customer Service (DCS), today announced $45M in Series D funding led by New York based-global venture capital and private equity firm Insight Partners and joined by existing investor Wildcat Capital Management as well as new strategic investors, including RingCentral Ventures™. This latest round of financing brings Glia’s total funding … Read more
Reliance Retail Ventures Ltd (RRVL) announced on Sunday that it had purchased an 89 percent ownership in Purple Panda Fashions Pvt. Ltd, which owns the Clovia girls’ innerwear and lounge wear brand. The transaction included both a secondary equity purchase and first funding. Clovia’s founding group and management will own the remaining portion, according to … Read more
DigiLocker, a software that allows users to digitise and save a copy of over 560 different Indian documents, including government-issued ID cards, has reached 100 million users. The app is the Centre’s initiative to build a paperless government environment, which was conceived roughly six years ago by India’s Ministry of Electronics and IT. DigiLocker aims … Read more
