Entreprenuer News Network Bureau 
Vymo, an Intelligent Sales Engagement platform for Financial Institutions, has raised $22M in Series C funding round led by Bertelsmann India Investments with existing investors Emergence Capital and Sequoia Capital participating. As part of the financing, BII’s Rohit Sood, will be joining the company’s board. “2021 was a momentous year for us: 20%+ quarterly growth, 142% NRR, zero … Read more
Dexalot, a new project building a decentralized order book exchange on Avalanche, has collected $7 million in funding led by Avalanche’s Blizzard Fund (“Blizzard”) and with participation from a number of Avalanche ecosystem players and DeFi investors. In addition to Blizzard, Avalanche ecosystem investors include Avalaunch, Colony, Benqi, AVentures, and Avascan. Other partners who joined … Read more
Stellaris Venture Partners and Chiratae Ventures contributed $15 million to Locofast, a fashion supply chain platform. Locofast is a business-to-business (B2B) platform for textile manufacturers and buyers founded in 2019 by serial entrepreneur Deepak and his co-founder Mohit Piplani — with whom he previously worked on his previous startup, WeAreHolidays. Locofast Online Services Pvt Ltd … Read more
Volopay, a Singapore-based corporate cards and expenditure management business, raised $29 million in a Series A financing that included both equity and debt. Volopay has grown at an exponential rate since its inception. The platform’s 150+ member workforce is dispersed across Singapore, Australia, India, Indonesia, and the Philippines, and its clients include Antler, Dathena, CoinDCX, … Read more
SnapMint, a Mumbai-based fintech firm, announced a $9 million Series A investment led by Prashasta Seth, CEO and CIO of Prudent Investment Managers, on Tuesday. Snapmint, founded in 2017 by IIT Bombay classmates Nalin Agrawal, Anil Gelra, Abhineet Sawa, and Rahul Agarwal, is a BNPL (Buy Now Pay Later) platform that allows Gen Z consumers … Read more
Witzeal, a new age gaming technology company, today announced appointment of Mr. Naveen Goswami as the Head of Innovation. Mr. Goswami will play a pivotal role in driving new product innovation and development at Witzeal with an aim to bring a qualitative difference to Witzeal’s gaming platform over the years of growth to come. Additionally, … Read more
To bridge the gap between aspirations of talented Indian students and reality, a one-of-its-kind student loan fintech platform Kuhoo promises to transform the sector. The brainchild of a former ICICI, HDFC Credila & InCred executive, and a banking veteran Prashant A Bhonsle, Kuhoo, has raised a whopping $ 20 million seed fund from West Bridge … Read more
Tanla is pleased to announce an exclusive partnership with Truecaller at MWC’22, Barcelona. Truecaller Business Messaging will be exclusively powered by Tanla’s Wisely CPaaS platform. Wisely is one of the world’s largest blockchain-enabled CPaaS platforms, secured by e2e cryptographic encryption. Truecaller, as the leading global platform for verifying contacts and blocking unwanted communication, brings with … Read more
Aurora Solar, the industry’s leading software platform for solar sales and design, announced it closed a $200 million Series D funding round co-led by current investors Coatue and Energize Ventures with participation from Fifth Wall, ICONIQ and new investors, Lux Capital and Emerson Collective. With this funding, Aurora Solar will accelerate its mission to create … Read more
The Israeli digital health company CVAid Medical, which has developed a platform based on artificial intelligence for diagnosing and treating cerebrovascular accidents (CVAs, or strokes), has announced the completion of capital raising from Philips together with Sanara Capital. The Israeli Rad Biomed investment fund led the capital raising. The CVAid solution provides an answer for … Read more
XRHealth, the gateway to the healthcare metaverse, announced today that they raised $10M in funding to expand virtual healthcare treatment in the Metaverse. The funding was backed by HTC, Bridges Israel impact investment fund, AARP, and crowdfunding on StartEngine.com and existing investors. “Together, we’re taking the next step in growing the open ecosystem and providing greater access … Read more
Biocon Biologics Ltd., a subsidiary of Biocon Ltd.has entered into a definitive agreement with its partner Viatris Inc. (NASDAQ: VTRS). Accordingly, Biocon Biologics Ltd. (BBL) will acquire Viatris’ biosimilars business to create a unique fully integrated global biosimilars enterprise. The revenues of this acquired business are estimated to be USD 1 billion next year. Viatris … Read more
UP Funds, which is launched in January 2021, will assist SaaS startups in overcoming early-stage constraints by providing founder-friendly capital that safeguards their future alternatives. UP Funds invested $100,000-$200,000 in ten firms in 2021 and also participated in a Series A financing of one of its high-growth startups. Upekkha, foundedby Prasanna Krishnamoorthy, Shekar Nair, and … Read more
Koo, a social media platform, has raised more than $10 million in two rounds of funding from investors such as Ashneer Grover Caspier Venture Partners, Ravi Modi Family Trust, and others. Koo is a less restrictive social media microblogging platform. It was launched in March 2020 by the co-founders of vocal (Aprameya Radhakrishna and Mayank … Read more
Aqarchain.io a blockchain-powered real estate asset tokenization platform, launched the NFT Marketplace for its MetaVerse AqarLand. Aqarchain.io whose aim is to create a decentralized ecosystem where investment in real estate is as easy as investing in shares on the stock market. This aim is achieved by minting real estate NFT and fractionalizing it. This is … Read more
Zest Outdoor, a leading OOH company has raised $2 million for its ‘solar OOH’ project. Zest Outdoor announces itself as a Green DOOH company that focuses on the lifeline of Mumbai, the Indian Railways, by a significant chunk of India. This solar project includes the installation of 12,000 sq. ft solar panels to be set … Read more
