Entreprenuernewsnetwork

Binance Awarded Specialist License By Dubai’s Virtual Asset Regulatory Authority

Binance today announced that it has been granted a Virtual Asset License to enable it to operate within Dubai’s ‘test-adapt-scale’ virtual asset market model as a base for expansion into the region. Under the Virtual Asset Regulatory Authority (VARA) initial regulatory phase, which includes rigorous regulatory oversight and mandatory FATF compliance controls, Binance will be permitted to … Read more

Plant-Based Fish Startup Plantish Raises Largest Seed Round in Alt Seafood History

Alt seafood pioneer Plantish, which uses plant proteins to create premium, whole-cut fish, has raised $12.45 million in seed funding, the largest seed round to date in the burgeoning alternative seafood market. The round was led by State Of Mind Ventures, with participation from Pitango Health Tech, Unovis Capital, TechAviv Founder Partners, SmartAgro, E2JDJ, Alumni … Read more

Sundays for Dogs Raises $10 Million Series A led by Imaginary Ventures, along with Ryan Reynolds, Orlando Bloom, and others

Sundays for Dogs, Inc., the leading brand in ready-to-eat human-grade dog food, announced today the closing of a $10 million Series A funding led by Imaginary Ventures. Sundays is the first human-grade, air-dried dog food; it’s healthier than kibble, but easier than refrigerated foods since it does not require a freezer, prep, or clean-up. Starting at just $2 a … Read more

Jungle Ventures and Tiger Global invest $12M in Employee Experience Platform, inFeedo

New Delhi & Singapore-inFeedo, Asia’s leading employee experience platform, has announced $12M in Series A funding led by Jungle Ventures, with participation from Tiger Global and existing investors like Bling Capital. Other investors to join the round include top CHROs and founders like Bhavin Turakhia (Founder Zeta), Sreedhar Peddineni(Co-founder Gainsight), Suman Gopalan (CHRO Freshworks) and … Read more

Techforce.ai Raises $1.5 Million Seed Funding

Techforce.ai, a digital enablement company that offers the most business user-friendly automation software with a vision to amplify human potential at work, announced today that it had closed a seed funding of $1.5 million. Techforce.ai will use these funds to accelerate the development of its no-code SaaS product and expand its global presence. Headquartered in Reston, Virginia, … Read more

UpScalio, an e-commerce buy-and-build company, raises $15m in a pre-series-B round, led by Gulf Islamic Investments

UpScalio, a digitally led ‘House of brands’ in the utility consumer goods space, has raised $15m in a pre-series-B round, led by Gulf Islamic Investments, with participation from a consortium of lenders including Northern Arc and Unity bank. This fund raise announcement comes shortly after UpScalio’s mega series-A round fundraise of $42.5M in August last … Read more

ZFunds appoints Yogesh Yadav as CTO and Tanvi Jadhav as Product Head

Mutual fund distribution platform, ZFunds, today announced two new leadership appointments as the company expands its footprints to make mutual funds Sahi and Asaan for the people of Bharat. While Yogesh Yadav  joins as the Chief Technology Officer (CTO), Tanvi Jadhav has been appointed as the Head of Products. The appointments strategically enable ZFunds in … Read more

DataRails Raises $50M Series B Funding

DataRails, the financial planning and analysis (FP&A) platform for Excel users, announced today that it has raised $50M in Series B funding. The company’s third investment round in the past 12 months, which was led by Qumra Capital, follows a 5x growth in revenue in the past year, positioning DataRails as the market leader in FP&A software … Read more

Travel App Innovator, TRZMO Announces $1.2 Million in Funding

TRZMO announced $1.2 million in funding from private investors and formation of a strategic advisory board to accelerate adoption of its free flagship app. It replaces multiple travel apps with one dashboard to manage flight updates, gate changes, ground transport, loyalty programs and a myriad of travel logistics from duty-free shopping to dining, weather and … Read more

Alpino Health Foods, a Shark Tank Brand, Raises Funds through Revenue Based Financing before its Seed Round

Alpino Health Foods, the brand of healthy breakfast food products, announced today that it has raised an undisclosed amount in a Revenue Based Financing round from patron investors on the Klub platform. A part of this fund will be dedicated to branding, marketing and building the team. Alpino Health Foods is one of the few brands that … Read more

AiFi Raises $65 Million in Series B Funding

AiFi, the most flexible AI platform that enables retailers to affordably deploy and scale autonomous shopping solutions, today announced a $65 million Series B funding round with participation from ALDI South Group, Żabka Group, REWE, Verizon Ventures, and Qualcomm Ventures LLC, among others. The strategic investments from our retail partners reflect a commitment to scale … Read more

Byju’s raises $800 million,Founder Byju Raveendran Invests $400 Million

BYJU’S, the world’s leading edtech company with 150 million learners globally, today announced it has raised $800 million from Sumeru Ventures, Vitruvian Partners and BlackRock. Byju Raveendran, Founder & CEO of BYJU’S, is also part of the funding round and has made a personal investment of $400 million. Byju Raveendran, Founder & CEO, BYJU’S, said, “We continue to deliver accelerated … Read more

Cooby Announces Us$2.9 Million Funding To Re-imagine Sales Engagement For Whatsapp And Line

Taiwan-based conversation management tool Cooby today announced that they have raised US$2.9 million to date led by Sequoia India’s Surge and Pear VC. In a messaging-first world, the tool helps businesses streamline engagement and individuals to organise their customer conversations and boost inbox productivity. Cooby is Surge’s first startup founded and based in Taiwan. With … Read more

Nazara Commits 30 Cr to Griffin Gaming Partners Fund II over next 3 years

Nazara Technologies Limited, an India based, diversified gaming and sports media company and its wholly owned subsidiary Nazara Technologies FZ LLC announced investment in Griffin Gaming Partners (Griffin) Fund II, L.P as a Limited Partner in the Fund. Nazara Dubai is a Limited partner in Griffin Gaming Partners Fund II, L.P for a capital commitment … Read more

Fintech startup Perfios turns unicorn raises $68M in funding

According to paperwork filed with the Registrar of Companies on Monday, Bengaluru-based Perfios Software Solutions secured around $68 million (Rs 525 crore at current exchange rates) from returning investors Bessemer Venture Partners and Warburg Pincus as part of its ongoing Series C round (RoC). Perfios was founded in 2008 by former Aztecsoft founders VR Govindarajan and Debasish Chakroborty as a business-to-consumer personal finance management solution. In 2012, the company shifted its focus to providing banks and NBFCs with insights based on data analysis of bank statements, tax filings, and business financials for credit evaluation, monitoring, fraud, and other services via its platform. The digital solution from Perfios assists financial institutions in reducing turnaround time and improving credit decisions. … Read more

Edtech unicorn Emeritus raises $350M in debt financing

Emeritus, the global platform for making quality education accessible and affordable to individuals, businesses, and governments worldwide, has announced that it has secured $350 million in debt financing from Canada Pension Plan Investment Board (CPPIB Investments) via its subsidiary CPPIB Credit Investments Inc. According to an official release, the additional cash would be used to … Read more