Entreprenuernewsnetwork

Flickstree Raises $5 Mn in its Pre-Series B funding round

Flickstree, a content and marketing technology startup secured investment led by Venture Catalysts Group, India’s first incubator and largest accelerator for startups and 9 Unicorns, in its pre-series B round of funding. Flickstree is a content led video commerce platform that enables transactions for their brand partners, leveraging in house video content, created using patented … Read more

Chiratae Ventures Leads $3 Mn Funding Round in Artium Academy

Artium Academy, an online music learning and community platform that powers tech-led, performance-based learning and engagement has raised $3.0 million from Chiratae Ventures, amongst the earliest tech-focused venture capital firms in the Indian ecosystem Other early-stage investors like Anicut Capital, Jet Synthesis and Whiteboard Capital as well as several high-profile entrepreneurs like Madhusudhan R (Co-founder, … Read more

Vanity Wagon raises $2 million in series A funding

Agility Ventures Partners and Lotus Herbals Pvt Ltd led a $2 million pre-Series A fundraising on Friday, according to Vanity Wagon, a clean beauty marketplace. With further funding from Venture Catalysts, Inflection Point Ventures, and a few high-net-worth individuals (HNIs), the Delhi-based cosmetics company’s valuation increased to $8 million. Vanity Wagon is to use these … Read more

HRTech Startup HROne Raises $4 Million In Series A Funding

HRTech SaaS Startup HROne has raised $4 million in a Series A round led by Insitor Partners and participation from Prudent Investment Managers. Mumbai-based investment bank Radix Capital Advisors acted as exclusive financial advisors to the company. Founded in 2016 by Karan Jain, HROne is on a mission to use HRTech to improve the quality … Read more

Quess Corp to divest its stake in Simpliance

Quess Corp Ltd, India’s leading business services provider, announced today that it has entered into definitive agreements to divest its stake in the digital risk and compliance services company, Simpliance Technologies Private Limited  to Aparajitha Corporate Services , a leading HR compliance services company and its affiliates. The deal is valued at an Enterprise Value … Read more

LawSikho announces 500 scholarships for persons with disability

Gurugram-based legal edtech company LawSikho has announced 100 percent scholarships for 500 persons with disabilities (PWD). The candidates who complete the courses successfully will be co-certified by National Skill Development Corporation (NSDC). Law graduates and law students will take an online admission test to decide who is eligible for the scholarships, which will cover LawSikho’s … Read more

BimaKavach Raises Seed Funding of USD 2M Led by WaterBridge Ventures

Indore-based BimaKavach, a business InsurTechstartup, has raised $2m in seed funding led by WaterBridge Ventures, along with Blume Ventures, Arali Ventures and Eximius Ventures. The company aims to utilise these funds for designing new-age business risk covers, investing in its proprietary risk management technology and scaling business and teams. Tejas Jain, Founder, BimaKavach said, “In India, nearly 95 … Read more

3D reconstruction platform Preimage raises $1.7 million in a seed round

Preimage, a cloud-based 3D reconstruction tool, has announced that it has raised USD 1.7 million in a seed round from eminent angel investors including pi Ventures, Better Capital, Java Capital, and others. Preimage’s AI-first technology builds lifelike 3D digital clones of settings and assets using pictures as input. Preimage, a company founded by IIT graduates … Read more

The Mental and Emotional Healthcare startup LISSUN raises ~$1 Mn in Pre-Seed round

Lissun, a full-stack solution for mental and emotional healthcare, has announced the closing of their ~$ 1 Mn Pre SEED fundraise round. The round led by IvyCap Ventures witnessed participation from syndicates like We Founder Circle and Supermorpheous, along with marquee angel investors like Gaurav Munjal (Co-Founder and CEO at Unacademy), Harsh Jain (COO, Groww), … Read more

Mahindra Logistics acquires Rivigo’s B2B express biz

Mahindra Logistics Ltd. (MLL) and Rivigo Services Private Limited (RSPL) announced that they had reached agreement for purchase of RSPL’s B2B express business by MLL. Under the terms of the agreement, MLL will acquire the express business through a Business Transfer Agreement (BTA), including the customers, team and assets of RPSL’s B2B express business, RSPL’s … Read more

Molbio Diagnostics raises $85 mn from Temasek

The Goa-based diagnostics chain Molbio Diagnostics Pvt. Ltd. has received an investment of $85 million (about 680 crore) from the Singaporean investment company Temasek. Truenat, a platform that uses PCR technology to detect at least 22 infectious diseases including tuberculosis, swine flu, dengue, and HIV, is developed and marketed by Molbio and subsidiary Bigtec Labs. … Read more

Nirmalaya Raises $800k in Seed Funding Round

Founded in late 2020 by Bharat Bansal, Surbhi Bansal, and Rajeev Bansal, the NCR-based natural fragrance brand Nirmalaya has successfully raised $800k in their seed funding round, led by Artha Venture Fund along with key investors including The DotIn Network, Shiprocket – Huddle Accelerator, Flawless Company Family office and other marquee angels. Nirmalaya is a … Read more

Bihar Based online Meat Delivery Brand Freshsharp raises $125K in Seed Funding

Freshsharp, a Bihar Based start-up that sells fresh meat, seafood and other fresh animal protein online has raised seed fund of $125k through equity from lead investor Ok Acquired (lending partners by a corporate lending financial services company), and angel Investor Syed Akbar Raza Ahmed & Hussain Ahmad. With this new round of seed funding … Read more

Univest Secures Pre-Seed Funding of ~3.8 crs

Univest, a fintech startup making a sophisticated one resolution for inventory markets, secured funding from angel buyers in its pre-seed part. The fintech platform secured funding value ~3.8 crs, to be utilized in the direction of product launch and crew constructing. Univest – the brainchild of Pranit Arora and Avneet Dhamija, was began with the … Read more

TurboHire raises USD 2 million in Pre-Series A round

Funds will be utilized to improve product automation and scale up revenue globally TurboHire, an AI-powered recruitment automation platform, has announced raising USD 2 Million in a Pre-Series A round co-led by Pentathlon Venture Capital and The Chennai Angels; and participated by the Telangana Fund, Purvansh Holdings, and the Mumbai Angels and Hyderabad Angels, with … Read more

KKR Invests in Hero Future Energies in $450 Million Transaction

KKR, a leading global investment firm, and Hero Future Energies (“HFE” or the “Company”), the renewable energy arm of the Hero Group, today announced the signing of definitive agreements under which KKR and the Hero Group will invest $450 million in the Company. This investment will position HFE for continued growth and support its efforts … Read more