Entreprenuernewsnetwork

Thriwe, A Delhi-based Company, Secures Investment From Saudi Arabia’s Al Multaq Group, Marking Expansion Into The Saudi Arabian Market

Thriwe, the leading B2B “Benefits as a Platform” company in India, has unveiled its expansion into Saudi Arabia through a strategic partnership with Al Mutlaq, a prominent multi-billion-dollar conglomerate specializing in venture capital and private equity. This collaboration involves an undisclosed investment from Al Mutlaq to support Thriwe’s regional launch and operations in Saudi Arabia. … Read more

TankhaPay secures $2.7 million funding from Japanese investors

TankhaPay, India’s pioneering social security app developed by Akal Information Systems Ltd., secures a substantial $2.7 million funding from prominent Japanese investors. This app addresses the crucial need for social security among informal, gig, and temporary workers by facilitating their inclusion in government schemes such as PF and ESI. TankhaPay formalizes payroll processes, ensuring the … Read more

Inclusive Finance Startup Navadhan Raises $1.5 Mn In funding

Navadhan Capital, a Mumbai-based fintech startup, has successfully raised $1.5 million in a seed funding round. The funding was led by Varanium NexGen, a fintech-focused fund, and included participation from existing investor Anicut Capital. Gemba Capital also contributed to the funding, as stated in a press release via BusinessWire. Navadhan Capital adopts a digital-first approach … Read more

Anthill Ventures Leads ₹3.5 Crore Funding Round For Safearth, A Tech Platform Driving Renewable Energy Adoption

SafEarth, India’s leading renewable energy technology platform, secures ₹3.5 crore in recent funding round. Anthill Ventures, Third Derivative, and Mumbai Angels lead the investment. The funds will support SafEarth’s product development efforts and expansion into new industrial areas nationwide. With a focus on helping industries transition from thermal power to solar energy, SafEarth has completed … Read more

Proptech startup Crib secures 15 crores in seed funding

Bangalore-based prop-tech startup Crib raises Rs. 15 crores in seed funding, co-led by We Founder Circle and Rebright Partners. The round witnesses participation from over 50 renowned founders and tech operators, including Vijay Shekhar Sharma (PayTM), Kunal Shah (Cred), Ghazal Alagh (Mamaearth), Ramakant Sharma (Livspace), Sandeep Aggarwal (Droom, ShopClues), Ravi Bhushan (BrightChamps, Housing), Ankur Aggarwal … Read more

TransBnk, a fintech startup aiming to revolutionize transaction banking in India, secures $1 million in seed funding from 8i Ventures

Mumbai-based fintech startup, TransBnk, has successfully raised $1 million in seed funding. The funding round was led by 8i Ventures, a prominent early-stage venture capital fund known for its successful investments in the fintech sector, including M2P, Slice, and Easebuzz. Other contributors to the funding round include Growthcap Ventures, Leadway Ventures LLP, Growth Sense, as … Read more

L Catterton (LVMH) Invests $60 Million in Indian Pet Food Brand Drools

Drools, a renowned Indian pet food brand, has successfully secured funding from consumer growth investor L Catterton (LVMH). The private equity firm’s investment of $60 million represents a 10% stake in Drools, making it one of the most substantial investments in India’s pet care industry to date. This strategic move not only expands L Catterton’s … Read more

Gro Club, India’s First Circular D2C Kids Subscription Platform, Raises INR 4.3 Cr in Funding Led by Ramaiah Evolute

Gro Club, a direct-to-consumer (D2C) kids subscription platform that operates on the principles of circular economy, has announced securing INR 4.3 crores in funding at a valuation of INR 25 Cr. The funding round was led by Ramaiah Evolute, a startup wing of the MS Ramaiah Group. The funding round also saw participation from an … Read more

Heart Health-AI Firm Tricog Raises $8.5 Mn in Funding

Tricog, a leading AI firm specializing in heart health, has raised $8.5 million in a Series B2 funding round led by OMRON HEALTHCARE and Sony Innovation Fund, both based in Japan. Existing investors UTEC – The University of Tokyo Edge Capital, Inventus Partners LLP, and SG Innovate also participated in the funding round. This brings … Read more

SolarTech and Financing Platform Aerem Raises $5 Mn Funding

Aerem, India’s leading SolarTech platform, today announced the funding of $5 million (~ INR 41 crores) in Pre-Series A round led ​​by climate-tech investor Avaana Capital. The round also saw follow-on participation from Blume Ventures and it includes debt financing of $1.5 million from prominent financial institutions. Mumbai-headquartered Aerem will utilize these funds to expand … Read more

Maanaveeya (Oikocredit) provides Moneyboxx with a term loan worth INR 20 crores

Moneyboxx Finance Limited, a BSE-listed NBFC that focuses on impact financing by providing business loans to micro entrepreneurs in Tier-III cities and below, secured INR 20 crores term loan from Maanaveeya Development & Finance Private Limited (Maanaveeya), an Indian subsidiary of Oikocredit, a 40-year-old Global Development Financing Institution that responds to the needs of businesses … Read more

Gold loan provider Yellow Metal raises $3M from MSA Novo

Yellow Metal, a lender of gold loans located in Bengaluru, has raised $3 million in a seed investment round headed by MSA Novo, a multi-stage venture capital firm, with participation from Spiral Ventures, a Japanese VC firm, and current investors WaterBridge Ventures and Java Capital. According to the firm, the additional funding will help extend … Read more

Ayurveda-backed Women’s Healthcare Startup Gynoveda Raises $10 Mn in Series A Funding

Gynoveda, a women’s healthcare firm supported by Ayurveda, has raised $10M in Series A funding, with India Alternatives Fund as the lead investor. Reputable family offices and organisations including Wipro Enterprises, RPG Ventures, Dharampal Satyapal Limited, and Alteria Capital also participated in the round. As a sign of its sustained support for Gynoveda’s mission, previous … Read more

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