Entreprenuer News Network Bureau 
Routefusion, the most comprehensive fintech solution for unlocking global expansion, today announces their $10.5 million Seed Prime Funding Round co-led by Canvas Ventures and Silverton Partners with participation from Haymaker Ventures, Initialized Capital, Sherwin Gandi (co-founder of Jeeves), and Aldrin Clement (co-founder of Novel Bank). Rebecca Lynn, co-founder and general partner at Canvas Ventures, joined … Read more
NuvoAir, a leading digital healthcare company working in chronic disease management, raised $11M in a latest round of financing. The investment was led by Hikma Pharmaceuticals’ venture capital arm, Hikma Ventures, and is an extension of the Series A round, previously announced in June 2021. Additional participation from a new strategic investor and existing investors … Read more
Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, announces that its venture capital arm, Hikma Ventures has led a $11 million USD round of financing for NuvoAir, a leading digital health company for chronic disease management and decentralized clinical trials that focuses on complex patients, initially targeting respiratory conditions such as COPD and asthma. The investment is an extension of … Read more
Mantra Health, the preeminent digital mental health clinic focused on young adults, today announced a $22 million Series A investment, led by VMG Partners. The round includes new investors New Market Venture Partners, Elements Health Ventures, 14W, and Alumni Ventures. Returning investors included Canaan Partners, Global Founders Capital, Baleon Capital, Western Tech Investments, and City … Read more
Diginoor, an Indian NFT marketplace that launched with Rajinikanth movie NFTs, announced $1 million in its seed funding. The round saw participation from Contrary Capital, Polygon Fund, Sandeep Nailwal, Kunal Shah, Abdul Wahab Al-Halabi (MD at Embassy Capital), and others. Founded in 2021 by Chennai based teenage entrepreneurs- Shaamil Karim & Yash Rathod, Diginoor aims … Read more
Scripbox, India’s first digital wealth manager, said today that it has raised USD 21 million in series-D fundraising from a mix of equity and debt investors. Transpose Platform, DMI Alternative Investment Fund – The Sparkle Fund, InnoVen Capital, Trifecta Capital, KPB Family Trust, LetsVenture, Kube VC, and YY Capital LLC are among the investors in … Read more
Kalaari Capital sponsored a seed round of funding for threedots, a fast-growing next-generation community investing platform. Rishu Garg, Prakhar Bhardwaj, and Akul Agarwal, all BITS Pilani graduates who previously worked together at Groww, formed threedots in March 2021. The founders have worked with startups such as Cleartax and Smallcase and have product and scaling experience. … Read more
Exponentia Ventures, a fund focused on new company ideas in both the B2C and B2B space, has invested USD 5 million in PLUCKK (A brand owned by Fruveggiie Tech Pvt limited), a fresh produce food-tech firm. Pluckk, founded by Pratik Gupta in 2021, intends to become India’s first digital commerce company, serving the growing demand … Read more
L&T Technology Services Limited, a leading global pure-play engineering services company, announced that it has been awarded a deal worth USD45 million from a U.S. based automotive Tier 1 company, to be its strategic engineering partner and provide engineering services for its Electric Vehicle (EV) product portfolio. Under the terms of the 5-year agreement, LTTS … Read more
Sahicoin, the world’s first crypto native social platform, has raised $1.75 million in the latest seed round led by Alameda Ventures (FTX), Better Capital Ventures, and other institutional investors. The fresh round of funding will be deployed to scale the team across engineering & product, and grow the platform. Founded by IIT Kanpur alumni, Amit Nayak, Ankush Rajput, and … Read more
upGrad, Asia’s higher edtech major, today announced the appointment of Dr. Sanjay Kumar who will spearhead the company’s new vertical of Corporate Affairs and Public Policy for India. As part of his new role, Sanjay will work with the government, industry associations and other relevant stakeholders in the policy space for propelling strategic developments, which in turn, can … Read more
MyCaptain, a Bangalore-based business reinventing the future of work, has raised $3 million in pre-Series-A funding led by Ankur Capital. IPV (Inflection Point Ventures), Firstport Ventures, IIM Calcutta Angels Network, Singapore Angel Investors, and other Super Angels also participated in the round. Through over 30+ Beginner to Advanced Live Cohort based courses, MyCaptain, an online … Read more
EduFund, the first company in India to cover a child’s higher education journey from savings (in rupees and dollars) through immigration, announced today that it has raised a $1 million seed round. The money will be utilised to augment product offerings and grow market presence, led by Anchorage Capital Partners, with additional investments from ViewTrade … Read more
Steadview Capital, Tiger Global, and Dragoneer Investment Group led a $75 million Series D round of funding for wealth management platform INDmoney. INDMoney, which launched in 2019, offers users to keep track of their finances on a single platform and invest in a variety of financial instruments including as mutual funds, fixed deposits, equities, and … Read more
Aerostrovilos Energy, a Mumbai Angels portfolio company and an IIT Madras-incubated firm, has received INR 3.5 crore in seed finance from Tube Investment of India, a Murugappa Group company. Aerostrovilos Energy is a firm based out of IIT Madras that is developing India’s first gas turbine for power generation. Gas turbines are generally utilised for … Read more
Qarmatek, an electronics renewal and refurbishment firm backed by GVFL (Gujarat Venture Finance Limited) and Caspian Debt, has acquired $3 million in Series A funding. The funds will be used to expand its newly launched B2C refurbished and rejuvenated electronics marketplace, MOBEX. Qarmatek began as a B2B electronics repair and refurbishment partner for major device … Read more
