Entreprenuernewsnetwork

Constrafor Secures $264 Million Series A Funding to Revolutionize Construction Finance Technology

Constrafor, a leading software provider for the construction industry, has announced the successful closure of its $264 million Series A funding round. This funding includes $14 million in equity led by NFX and a $250 million credit facility backed by Wafra and Crestline Investors. The investment will fuel Constrafor’s rapid expansion and strengthen its position … Read more

SMU Secures Landmark $1 Million Gift from Aptos Foundation to Establish SMU’s First Professorship in Blockchain

The Singapore Management University (SMU) has secured a landmark $1 million gift from Aptos Foundation, marking its largest philanthropic investment in higher education and establishing SMU’s first Professorship in Blockchain. This transformative partnership not only advances SMU’s leadership in blockchain education and research but also solidifies Singapore’s position as a global blockchain innovation hub. The endowed professorship, a first for SMU, will drive thought leadership, cutting-edge … Read more

Incuspaze Seeks $25 Million Investment to Expand Flexible Office Space Portfolio

Incuspaze, a leading coworking provider specializing in managed flexible office spaces for corporates, is set to raise $25 million (over ₹210 crore) as part of its ambitious expansion strategy. This funding will support the company’s growth in major Indian cities ahead of its anticipated initial public offering (IPO). Rapid Growth Since Inception Founded in 2016, … Read more

Zomato Raises ₹8,500 Crore via QIP to Fuel Growth and Quick Commerce Expansion

Zomato, India’s leading food delivery platform, announced the successful completion of its ₹8,500 crore fundraising through a Qualified Institutions Placement (QIP) of equity shares. This capital-raising initiative, which received shareholder approval last week, underscores Zomato’s strategic focus on strengthening its financial position and expanding its operations, particularly in the quick commerce sector through Blinkit. QIP … Read more

Nodwin Gaming Expands Influence with Trinity Gaming Acquisition for ₹24 Crore ($2.8 Million)

Nodwin Gaming, a leading player in the Indian esports scene and a subsidiary of Nazara Technologies, has acquired Trinity Gaming in a landmark deal valued at ₹24 crore ($2.8 million). This strategic move solidifies Nodwin’s presence in India’s gaming and content ecosystem, as Trinity Gaming now becomes a fully-owned subsidiary of Nodwin Gaming. Deal Structure … Read more

ShopDeck Raises $8 Million in Series B Funding to Boost D2C Solutions

ShopDeck, a Bengaluru-based software provider specializing in D2C (Direct-to-Consumer) solutions, has secured $8 million in Series B funding. The investment round was led by Bessemer Venture Partners and saw participation from Elevation Capital, Chiratae Ventures, and General Catalyst. Utilization of Funds ShopDeck aims to utilize the newly raised capital to: Expand its talent pool by … Read more

Arihant Foundation Secures ₹109 Crore Funding to Expand South India Presence

Arihant Foundations & Housing Limited has successfully raised ₹109 crore through a preferential equity allocation. This funding round saw participation from prominent investors, including the Lotus Family Trust led by renowned investor Madhusudan Kela and CaratLane founders Mithun Sacheti and Siddhartha Sacheti. Strategic Expansion Plans The Chennai-based real estate developer plans to utilize the funds … Read more

ParkMate Secures $1.2 Million Funding from Cactus Partners to Drive Growth in Smart Parking Solutions

ParkMate, a leading provider of intelligent parking solutions, has secured $1.2 million in a fresh funding round led by Cactus Partners, an early growth-stage startup fund. The round also saw participation from existing investors, including the Marwah Group Family Office and Venture Catalysts. Strategic Utilization of Funds ParkMate plans to utilize the new capital to: … Read more

Univest Set to Raise $16 Million in Series A Funding to Launch New Brokerage Platform

Univest, a leading wealthtech startup, is reportedly in discussions to secure $16 million (approximately ₹135 crore) in its upcoming Series A funding round. The round is expected to be led by Bertelsmann India Investments (BII), with participation from Innoven Capital through a combination of debt and equity financing. According to sources cited by Economic Times … Read more

Alt Mobility raises Rs 83 crores in series A Funding

Alt Mobility, a leading commercial electric vehicle (EV) leasing and asset management company, has secured ₹83 crore in a Series A funding round led by Eurazeo, a prominent European venture capital and private equity firm. Existing investors, including Shell Ventures, Twynam Earth Fund, and EV2 Ventures, also participated in this funding round. Expanding Fleet and … Read more

Cardless Raises $30 Million in Latest Funding Round

Cardless, a leading fintech company specializing in co-branded credit card solutions, has announced a successful $30 million growth investment round. The round was spearheaded by Activant Capital and featured participation from prominent investors like Mischief (co-founded by Plaid’s Zach Perret), Industry Ventures, Thayer Ventures, Assurant, and Amex Ventures. This brings Cardless’ total equity funding to … Read more

Sirona Medical Secures $42M in Series Funding

Sirona Medical, a leader in cloud-native radiology workflow software, has secured $42 million in Series C financing, combining equity and converted debt. The funding round was led by Avidity Partners, with continued support from existing investors like 8VC and GreatPoint Ventures. Strengthening Commitment to Cloud-Native Radiology Innovation This financing highlights investor confidence in Sirona’s revolutionary … Read more

All Things Baby Secures ₹30 Cr in Series A Funding

D2C mom and baby care brand, All Things Baby, has successfully raised ₹30 crore in its Series A funding round. The investment was led by Inoventures and family office director Richa Choksi, marking a significant milestone in the brand’s growth journey. Expanding Product Lines and Premium Offerings Co-founder Tejal Bajla highlighted that the newly raised … Read more

Ikin Global Secures $1 Million in Pre-Series A Funding to Advance IoT Smart Lock Solutions

Ikin Global, a leading IoT smart lock brand based in Mumbai, India, has successfully raised $1 million in its Pre-Series A funding round. The round was led by prominent investors Unicorn India Ventures and Callapina Capital, with continued support from existing stakeholders. Funding to Drive Innovation and Expansion The newly secured funds will fuel Ikin … Read more

True Diamond Raises $1 Million in Seed Funding

Lab-grown diamond startup True Diamond has successfully raised $1 million in its seed funding round. The round was led by Titan Capital, Huddle Ventures, and Zeropearl Ventures, with contributions from notable investors such as Ashutosh Valani, Priyank Shah, Aashka Goradia Goble, Mamaearth founder Ghazal Alagh, Abhishek Goyal, and Anmol Jain. Strategic Utilization of Funds According … Read more

BitSave Secures Pre-Series A Funding Led by Leo Capital to Enhance Crypto Investment Platform

Bengaluru-based crypto investment platform BitSave has successfully raised an undisclosed amount in its pre-Series A funding round, led by venture capital firm Leo Capital. The fresh capital will support BitSave’s efforts to secure regulatory licenses, enhance its product offerings, and boost brand awareness, positioning the company for rapid growth in the crypto investment space. Focus … Read more