Entreprenuernewsnetwork

realme partners with FDCI X Lakme Fashion Week to promote sustainability in design

realme, the world’s fastest-growing smartphone brand, has announced its collaboration with FDCI x Lakmé  Fashion Week as a co-partner.  The first-ever association of the world’s fastest-growing, trendsetting brand with the country’s premier fashion event, underlines realme’s commitment to endorse sustainable trends in its product design and heritage. Fashion Design Council of India (FDCI) together with … Read more

Glip raises $3M pre-series A, onboards 1M gamers in 3 months

Glip, a creator tool suite for gamers to create and monetise, has raised $3 million in its pre-series A round led by Prime Venture Partners. The round also saw the participation of existing backers Better Capital and iSeed. Prominent angels include Paavan Nanda (WinZO), Nilay Arora (Tencent), Suhail Sameer (BharatPe), Ravish Naresh (Khatabook), Vivek Hallekere … Read more

Nazara invests USD 2.5 Million in US Based Game Fund BITKRAFT Ventures

Nazara Pte. Ltd., a wholly owned subsidiary of Nazara Technologies Limited, an India-based diversified gaming and sports media company, has made an investment in BITKRAFT Ventures, a US-based game fund. Nazara will invest USD 2.5 million in BITKRAFT Ventures, with USD 0.875 million going into the company right once and the remaining USD 1.625 million … Read more

Infosys to Acquire Digital Experience and Marketing Agency, oddity

Infosys  a global leader in next-generation digital services and consulting, today announced a definitive agreement to acquire oddity, a Germany-based digital marketing, experience, and commerce agency. The move strengthens Infosys’ creative, branding and experience design capabilities, and demonstrates its continued commitment to co-create with clients and help them navigate their digital transformation journey. With more than 300 … Read more

Cloud-Based Storage App DigiLocker Crosses 100 Million Users

DigiLocker, a software that allows users to digitise and save a copy of over 560 different Indian documents, including government-issued ID cards, has reached 100 million users. The app is the Centre’s initiative to build a paperless government environment, which was conceived roughly six years ago by India’s Ministry of Electronics and IT. DigiLocker aims … Read more

Amazon completes MGM acquisition in $8.5 billion deal

Amazon has completed an $8.5 billion acquisition of Metro Goldwyn Mayer (MGM), the company announced on Thursday. The completion of the transaction will see more than 4,000 films and 17,000 TV shows become a part of Amazon Prime Video. The deal is Amazon’s second-largest acquisition, the company  paid $13.7 billion for Whole Foods in 2017. … Read more

Razorpay Acquires Payments Tech Startup IZealiant Technologies

Razorpay, a fintech unicorn, announced the purchase of IZealiant Technologies, a renowned Fintech business that provides payment technology solutions to banks, on Tuesday. IZealiant, a Pune-based business founded in 2015, delivers mobile-first, API-enabled, and cloud-ready payment processing technologies for banks and financial institutions. Commenting on the acquisition, Harshil Mathur, CEO & Co-founder of Razorpay said, … Read more

Health Benefits Firm Ekincare Bags $15 M In Series B Funding

ekincare, an AI-powered health benefits firm, announced a $15 million Series B fundraising round headed by HealthQuad and Sabre Partners, with participation from previous investors Ventureast, Eight Roads Ventures, Siana Capital, and Endiya Partners on Thursday. ekincare is a customised, full-stack health benefits platform founded in 2015 by Kiran Kalakuntla, Srikanth Samudrala, and Dr Noel … Read more

Cooby Announces Us$2.9 Million Funding To Re-imagine Sales Engagement For Whatsapp And Line

Taiwan-based conversation management tool Cooby today announced that they have raised US$2.9 million to date led by Sequoia India’s Surge and Pear VC. In a messaging-first world, the tool helps businesses streamline engagement and individuals to organise their customer conversations and boost inbox productivity. Cooby is Surge’s first startup founded and based in Taiwan. With … Read more

No-code automation startup Certa raises $15M in Series A

Certa, a San Francisco-based no-code automation platform for procurement and compliance, received a $15 million Series A investment led by Point72 Ventures with participation from Twitch Founder Justin Kan, Dropbox Co-founder and CEO Drew Houston, Mantis VC, and others on Tuesday. Certa, which was founded in 2015, wants to make it easier and safer for … Read more

Contributing to Metaverse Revolution in India, Leading Extended Reality Innovator, AjnaLens, Raises Rs 12 Crore

AjnaLens, Mumbai-based XR hardware and software company raised Rs. 12 crore from renowned investors like Lets Venture Angel Fund, JITO Angel Network & few visionary angel investors, in another round of a Pre-Series A. The one-of-its-kind Indian player in the XR space has clocked funding in the past from noteworthy angel investors like Vijay Shekhar … Read more

Vymo raises Series C funding to empower remote sales teams

Vymo, an Intelligent Sales Engagement platform for Financial Institutions, has raised $22M in Series C funding round led by Bertelsmann India Investments with existing investors Emergence Capital and Sequoia Capital participating. As part of the financing, BII’s Rohit Sood, will be joining the company’s board. “2021 was a momentous year for us: 20%+ quarterly growth, 142% NRR, zero … Read more

Upekkha’s SaaS-focused UP Funds raises $9M In Funding

UP Funds, which is launched in January 2021, will assist SaaS startups in overcoming early-stage constraints by providing founder-friendly capital that safeguards their future alternatives. UP Funds invested $100,000-$200,000 in ten firms in 2021 and also participated in a Series A financing of one of its high-growth startups. Upekkha, foundedby Prasanna Krishnamoorthy, Shekar Nair, and … Read more

GraphQL developer Hasura turns unicorn, raises $100M in Series C funding

GraphQL innovation leader Hasura today announced that it has secured $100M in funding in a round led by Greenoaks with participation from existing investors Nexus Venture Partners, Lightspeed Venture Partners and Vertex Ventures. The Series C round brings the total capital raised by Hasura to $136.5 million and the company’s valuation to $1 billion. Hasura … Read more

AiDash acquires farming solutions company Neurafarms.ai

Neurafarms.ai, a developer of geospatial and AI-powered farming solutions, has been purchased by AiDash, a leading provider of satellite- and AI-powered operations, maintenance, and sustainability solutions. AiDash will benefit from the purchase of Neurafarms.ai by strengthening its product line and adding key talent to its high-performing staff. Bhavesh Patidar, co-founder of Neurafarms.ai and leader of … Read more

Healthtech startup Proactive For Her raises $5.5M in Series A Funding

Proactive For Her, a women’s healthcare firm, raised $5.5 million in a Series A fundraising round headed by Vertex Ventures SEA and India and previous investor Nexus Venture Partners on Wednesday. Achitha Jacob, an IIT-Bombay alumna, created Proactive For Her in 2020 with the goal of delivering judgement-free, progressive, body-positive, queer affirmative, and trauma-informed healthcare … Read more