Entreprenuernewsnetwork

Aqilliz launches the first of its kind music and entertainment NFT marketplace – WishWorld

Aqilliz, a Blockchain-as-a-Service Company building tools and technologies that prepares the marketing industry for the Web3 world, has set up a first of its kind, curated music and entertainment NFT marketplace, “WishWorld” in partnership with One Mercuri, a leading multi-domain business group headquartered in India. “WishWorld is unique. It is consumer first, designed to delight … Read more

Spinny acquires AI-powered car connectivity solutions startup, Scouto

Pre-owned car retailing platform Spinny has acquired a 100% stake in AI-powered Connected Car startup Scouto. The deal will mark one of the first consolidations in the AI-powered used car solutions segment where Spinny is gunning big to emerge as the market leader. Founded by ex-racecar driver Akshay Gupta (CEO) & Shubham Sharma (CTO), Scouto … Read more

Bugworks raises $18M in Series B1 round

US, Australia, and Bengaluru-based Bugworks, a clinical-stage multi-indication therapeutics startup,announced that it has raised $18 million in Series B1 funding. The round was led by Lightrock India and included existing investors Bugworks is a clinical-stage biopharmaceutical company founded in February 2014 with the goal of developing novel anti-infectives and immuno-oncology (IO) therapeutic assets using cutting-edge … Read more

Xpressbees Raises $300M In Series F funding

Xpressbees, India’s fastest-growing third-party end-to-end logistics company, has raised $300 million in a Series F fundraising round headed by Blackstone Growth, TPG Growth, and ChrysCapital. Investcorp and Norwest Venture Partners are two existing investors. Xpressbees was founded in 2015 and now operates in over 3000 cities, serving over 20,000 pin codes and delivering over 1.5 … Read more

RtistiQ Set to Launch Digital NFTs of Raja Ravi Varma’s the Coquette and Reclining Nair Lady

RtistiQ will present the Digital NFT versions of Raja Ravi Varma’s (RRV) works The Coquette and Reclining Nair Lady, two of his most famous paintings. With the originals considered to be National Treasures and unable to be brought out of India, the NFT versions will be auctioned online on the RtistiQ platform from 17 February … Read more

Polygon raises $450M from Sequoia India, Galaxy, Tiger Global and SoftBank

Polygon (previously Matic Network), an Ethereum scaling project, has raised $450 million in its first major venture capital round, led by Sequoia Capital India, with participation from Tiger Global, SoftBank, Galaxy Digital, Republic Capital, Makers Fund, Alameda Research, Alan Howard, Alexis Ohanian, Steadview Capital, Elevation Capital, Animoca Brands, Spartan Fund, Dragonfly Capital, Variant Fund, and … Read more

Global crypto investing platform Mudrex raises $6.5M

Mudrex

Mudrex, a Y Combinator-backed crypto investing platform based in Bengaluru and San Francisco, revealed on Tuesday that it has raised $6.5 million in pre-Series A funding from Arkam Ventures, Tribe Capital, and Bolt by QED Investors. Mudrex, founded in 2018 by Edul, Alankar Saxena (CTO), Rohit Goyal (VP, DeFi), and Prince Arora (VP, Engineering), simplifies … Read more

Pine Labs acquires fintech startup Qfix Infocomm

With the acquisition of Qfix Infocomm, a Mumbai-based online payments business, for an undisclosed sum, fintech unicorn Pine Labs, which is preparing to list on the New York Stock Exchange, continues its inorganic approach. Pine Labs has added another company to its range of services, following the acquisitions of Singapore-based Fave and QwikCilver Solutions. Qfix, … Read more

Virtual events platform Airmeet raises $35M

Prosus Ventures, Sistema Asia Capital, RingCentral Ventures, KDDI Open Innovation Fund, DG Daiwa Ventures, and consultancy firm Nexxus Global have announced a $35 million Series B round of funding for virtual event and engagement platform Airmeet. Lalit Mangal, co-founder of CommonFloor, with former executives Manoj Singh and Vinay Jaasti created Airmeet in August 2019. In … Read more

Mumbai based Mintifi raises $40M

Mintifi, a B2B BNPL (buy now, pay later) platform, announced a $40 million Series C investment headed by Norwest Venture Partners and Elevation Capital. Mintifi, which was founded in 2017 by Anup Agarwal, Ankit Mehta, and Sanjoy Shome, works with over 100 prominent companies in India, including Tata Motors, Bridgestone Tyres, Berger Paints, Polycab, NIVEA, … Read more

Compliance automation startup Sprinto raises $10M led by Elevation Capital

Sprinto, a Bengaluru-based software-as-a-service (SaaS) compliance automation platform, revealed on Wednesday that it had raised $10 million in Series A funding headed by Elevation Capital with participation from Accel and Blume Ventures. Sprinto, which went public in mid-2021, assists SaaS companies in obtaining compliances like SOC 2, ISO27001, GDPR, HIPAA, and others in a quick … Read more

Moneyboxx Finance Appoints Vikas Bansal As Chief Risk Officer

Moneyboxx Finance Limited (Moneyboxx), a BSE-listed NBFC which provides small-ticket business loans to micro and small enterprises in Tier-III towns & below places, today announced appointment of Mr. Vikas Bansal as Chief Risk Officer from Feb 2022. Mr. Bansal served as National Credit Manager – Emerging Business and Digital Lending in his previous role at TATA Capital. … Read more

Anveya Living raises INR 8 Cr in its seed round with Rukam Capital

Anveya Living Private Limited, the company behind premium beauty and personal care brands Anveya and ThriveCo, has raised INR 8Cr from Rukam Capital in its seed round. The company plans to use the capital to further research and development, enter new categories and markets, and to build the team to power further expansion. Founded by … Read more

Virat-Anushka turn investors & brand ambassadors for plant-based meat brand, Blue Tribe

Blue Tribe, the homegrown plant-based meat brand, announced that Anushka Sharma and Virat Kohli who have come on board as investors & brand ambassadors. The brand was one of the firsts to initiate the conversation by asking people to make a conscious change in their lifestyle and switch to plant-based meats in order to save … Read more

Kofluence Raises $4 Million In Pre-Series A Funding

Nikhil Kamath led a $4 million pre-Series A investment for Kofluence, an ad-tech influencer marketing platform (Co-Founder of Zerodha & True Beacon). The round included notable investors like Kunal Shah (Founder, CRED), Karan Johar (Filmmaker & TV Personality), Apoorva Mehta (CEO, Dharma Productions), Sujeet Kumar (Co-Founder, Udaan), Aprameya Radhakrishna (Co-Founder, Koo), Upsparks (Micro VC), and … Read more

Razorpay Acquires Leading Malaysian Fintech Startup Curlec

Razorpay Software Pvt Ltd, a digital payments and financial services startup, announced on Tuesday that it has acquired a majority stake in Malaysia-based fintech firm Curlec, marking the company’s first foreign acquisition.  Curlec is a Kuala Lumpur-based company, building solutions for recurring payments for businesses of all sizes. This is our first international acquisition and … Read more