Entrepreneur News Network

Finsire, a fintech startup based in Chennai, raises $1.3 million in seed funding

Finsire, a Fintech company specialising in lending infrastructure and asset collateralization API, reported that it has received $1.3M in seed funding from strategic investors. Finsire builds lending enablement services by permitting digital assets to be taken as collateral. The solution allows Banks, NBFCs, fintechs, credit requirement distribution, and depositaries to maximise their lending capabilities. The … Read more

Jumbotail raises Rs 75 crore in debt led by Alteria Capital and Innoven

Jumbotail, a B2B marketplace business based in Bangalore, has secured debt financing of Rs 75 crore from Alteria Capital and Innoven Capital. The business intends to use the money in developing deep sourcing skills and AI-driven technologies to increase client wallet share, boost net sales by 100%, and reach operational profitability in the following 12 … Read more

Healthtech startup LifeSigns raises funding from Dr. SP Ganesan and others

LS Devices Pvt. Ltd.’s LifeSigns iMS, a health tech firm based in Chennai, has raised an undisclosed sum in a pre-Series A fundraising round to build a digital wireless patient monitoring solution platform for ambulatory, inpatient, and home care settings. A well-known pathologist from Chennai with more than 40 years of experience, Dr. SP Ganesan, … Read more

Beej Network to invest 24 crores in 24 Early stage startups in 2023

Beej network, an angel Investing firm, announced its plan to invest 24 cr (over $3 Mn) in 24 early-stage startups by the end of this year 2023. The Network provides financial aid to qualified startups through integrated resources. This in turn fills the gap in the financial early-stage funding ecosystem. The co-founders Nikhil Jain, Nikhil … Read more

Trucking Marketplace RAAHO Raises Rs.20 Cr In Pre-Series A Funding

Raaho, India’s leading Digital Freight Network, has secured funding worth INR 20 crore in extension to the Pre-Series A round at a valuation of 4X over the last year. The round was led by Inflection Point Ventures (IPV), Roots Ventures, Blume Founders Fund and prominent Angels like Vijay Shekhar Sharma , Kunal Shah, K Krishna … Read more

Biotech Company OmniBRx Raises INR 30 Cr in Series A Funding

Bioprocess engineering firm OmniBRx announces a Series A equity fundraising from SIDBI Venture Capital Limited for 30 crore inr. Commenting on the occasion, Ravindra Patel, founder and CEO of OmniBRx Biotechnologies said “We are thankful to the team at SVCL for believing in our vision and backing us on our expansion plans”. He further added that … Read more

SimpleViralGames Raises Rs 4 Cr in Pre-Seed Funding

Simple Viral Games, also known as SVG, a platform for ultra-casual mobile gaming, revealed today that it had raised Rs 4 Cr (about $500,000) in a pre-seed round headed by WEH Ventures. Eximius Ventures, PointOne Capital, Force Ventures, and a few angel investors, including Ankit Agrawal (Founder and CEO of InsuranceDekho), Prashant Sachan, also participated … Read more

Conversational AI for Hospitals Voiceoc Raises INR 3 Cr Funding

Voiceoc, a conversational AI solution for hospitals, has raised INR 3 Cr funding from BioAngels, powered by IAN, bringing DeepTech to India’s hospital ecosystem. The round also saw participation from SucSEED Indovation. With this investment, the company will expand its team and is keen to onboard talent in tech, sales and marketing divisions. Voiceoc also intends to … Read more

EaseMyAI Raises Rs 1.8 Cr in Seed Round

EaseMyAI raised Rs 1.8 Cr in a Seed round led by Inflection Point Ventures (IPV). Started with an aim to develop innovative products with AI adoption, EaseMyAI emphasizes on creating simple, user-friendly products with drag & drop options to empower businesses to customize their solutions. This approach can help make AI more accessible to businesses … Read more

Elevate Now secures pre-seed funding led by W Health Ventures

W Health Ventures, a healthcare focused VC that invests in and grows tech-enabled early-stage healthcare companies, has led a pre-seed funding round in Elevate Now, India’s first medical weight loss company. The funding will help Elevate Now to expand its operations and deliver innovative weight loss solutions to more individuals across India. The company offers … Read more

NFTICALLY Raises $1 Mn in Funding

NFTICALLY, a Web3 ecommerce Martech platform, has raised $1 million in an equity funding round led by Spartan Group and Polygon Ventures. The company will use the funds to expand COMEARTH, the world’s first Gamified Social E-Commerce & Brand Engagement Metaverse ecosystem. Blockchain Founders Capital, Mafatlal family office, and Bollywood producer Subhash Ghai also participated … Read more

Shark Tank India Season 2: Gurugram-based What’s up Wellness Secures 60 Lakhs Funding

Shark Tank India Season 2’s most recent episode saw What’s Up Wellness, a Gurugram-based wellness company that sells delicious gummy supplements, win a whopping 60 lakhs. The firm was highlighted in the episode that aired on February 27, 2023, and it received financing from BoAt’s Aman Gupta, Sugar Cosmetics’ Vineeta Singh, and Shaadi.com’s Anupam Mittal. … Read more

Nail Care Startup O’2 Nails India Raises $150K in Seed Funding

O’2 Nails India, a rapidly expanding nail care start-up in India, has received $ 150K in seed funding from Real Time Angle fund and AIC- BIMTECH. O’2 Nails India will be able to increase its presence in the nation’s expanding nail care market thanks to this strategic funding. O’2 Nails India was founded in 2021 … Read more

Blingg, a D2C discovery platform, raises $100K from Decentralised Venture Capital and others

DVC (Decentralized VC), a group of specialised syndicates that invest in businesses from pre-Seed through pre-IPO, led a pre-seed investment round for Blingg, a D2C discovery platform, in which $100,000 was raised. Together with other angel investors, the round included 3PM Ventures founder Pavan Kumar. Blingg, which Sanil Jain founded in 2021, asserts to have … Read more

Software startup Chronicle raises $7.5 million in seed funding

Chronicle, a firm that makes presentation software, has raised $7.5 million in a preliminary fundraising round that was jointly led by Accel Partners and Square Peg. Moreover, angel investors from Apple, Google, Meta, Slack, Stripe, Superhuman, OnDeck, and Adobe took part in the round. The business stated that it intended to use the funds obtained … Read more

DataMesh Group raises $30 million in Series A oversubscribed funding round

DataMesh Group, a full-suite developer of interoperable, proprietary payments-processing, has secured $30m in an oversubscribed Series A funding round to execute on large scale domestic opportunities as well as expanding its footprint in the high growth payments processing industry. The round was led by return investor NAB Ventures and featured significant first time capital from Deutsche … Read more

On-Demand Workforce Platform Avenue Growth Raises New Round of Funding

On-demand workforce platform Avenue Growth has just secured a fresh round of funding from India Accelerator, the country’s sole seed accelerator programme and member of the Global Accelerator Network. Other well-known businesses, such as Growth Opportunities Fund, IAES Ventures LLP, and the Ministry of Electronics and Information Technology, participated in the financing round as well … Read more

Nourish You raises $2M in a seed round of funding

Superfood brand Nourish You has raised $2 million as part of its Seed funding round, which also included seasoned investors like Y Janardhana Rao of Triumph Group, Rohit Chennamaneni, co-founder of Darwinbox, Nikhil Kamath, co-founder of Zerodha, Abhijeet Pai, co-founder of Gruhas Proptech, and Abhinay Bollineni, CEO of KIMS Hospitals, among others. With the additional … Read more

Enterprise-class OKR Platform Profit.co Raises $11 Mn Funding

The bridge between a business strategy and successful execution is something that all businesses are focussed on. Yet 60% stumble on this path (according to Gartner) because of gaps in their ability to execute. To support businesses on their journey, Profit.co which is laser focussed on Objectives and Key Results (OKRs) metrics is announcing a $11M funding … Read more

Budget 2023: What industry said on new announcements

Finance Minister Nirmala Sitharaman announced a number of new measures for the tech industry. The measures include assisting digital payments in the country, setting up 100 labs for developing 5G applications, and using the PAN as a common identifier for all digital systems of specific government agencies. How tech industry experts and startups responded to … Read more