Entreprenuernewsnetwork

Co-living startup Settl raises Rs 10Cr

Co-living operator Settl has raised Rs 10 crore in a pre-Series A funding round as it now aims to expand its business operations. According to the startup, The round saw participation from Gruhas and We Founder Circle, along with other notable investors like Anthill Ventures, Gurugram-based Inflection Point Ventures, Ah! Ventures, Nila Spaces Limited, Soonicorn … Read more

Spring Marketing Capital invests in jewellery start-up GIVA

Spring Marketing Capital, a marketing consultancy firm, has announced to invest in jewellery start-up GIVA. “I am glad to say we managed to bring Ishen around and happy to announce that Spring Marketing Capital is now an investor in GIVA”, Raja Ganapathy, CEO, Spring Marketing Capital, wrote in the post. Ganapathy appreciated Ishendra Agarwal, founder, GIVA and … Read more

Google.org Awards $4M Grant to CyberPeace Foundation to Help Millions Fight Misinformation in India

To help empower Indian internet users with skills to make them resilient to misinformation, and embrace responsible online behavior, Google.org, Google’s philanthropic arm, has announced it is providing a new grant of US$ 4 million (approx INR 32 crores) to support a nationwide awareness and capability building initiative by the India- headquartered Cybersecurity advocacy global … Read more

Insurtech Startup Onsurity Secures $24 Mn in Funding

Onsurity, a trailblazing provider of monthly subscription-based employee healthcare benefits geared towards SMEs in India, has successfully secured $24 million in Series B funding. This substantial investment round is spearheaded by the International Finance Corporation (IFC), the world’s largest global development institution. Notably, existing investors, Nexus Venture Partners, and Quona Capital, have also enthusiastically participated … Read more

Uber’s push for innovation in sustainable mobility, rolls out ‘Uber Sustainovate’ Startup challenge

Uber today announced ‘Uber Sustainovate’, a Startup Challenge looking for innovative solutions to fast track the adoption of sustainable mobility in India. The competition, in partnership with Startup India and nasscom AI, is designed to award startups that produce the best workable ideas that would help accelerate the transition to sustainable mobility in the country. … Read more

AltUni, Alternative Digital Varsity, Secures $500K Investment from Indian Angel Network

Mumbai-based AltUni, an alternative digital university founded in 2020 by Ankit Doshi, recently secured $500,000 in funding, as reported by Entrepreneur India. The funding round was spearheaded by the Indian Angel Network and saw participation from a group of prominent angel investors. Notable contributors in this funding round included Vishesh C Chandiok (CEO of Grant … Read more

PepsiCo India invests Rs 778 crore in Assam manufacturing facility

Establishing its ‘Partnership of Progress’ with the state of Assam, PepsiCo India announced its first foods manufacturing plant in Nalbari, Assam with an investment of INR 778 crore (USD 95 Million). Spread over 44.2 acres, the state-of-the-art plant is proposed to be operational in 2025 and aims to provide direct and indirect employment opportunities to 500 … Read more

Healthy Food Startup Madmix (formerly Daily Staple) Raises the Pure-Funding Round

Mumbai-based startup Madmix, formerly known as Daily Staple and operated by Mel Sante Food Production Pvt. Ltd., has achieved a significant milestone with a substantial pre-seed funding round valuing the company at approximately INR 12 crore. This funding round is led by Prime Securities and includes prominent investors such as Authum Investments and Team India … Read more

Sploot secures $800K In Seed Funding

Sploot, a pet-parenting mobile app started by Delhi-based Garima Kaushal and Arnav Sahni, has raised USD 800,000 through its second round of seed funding. The app is backed by Info Edge’s subsidiary Redstart Labs and angel investors. With the newly raised funding, the company aims to leverage it to expand its services, including dog walking … Read more

HeyoPhone’s $500K Funding to Fuel Expansion into Bharat’s SMB Market

HeyoPhone, the ingenious communication app dedicated to serving India’s thriving small and medium-sized business (SMB) community, is excited to announce the successful conclusion of its angel funding round, securing an impressive 500K USD in investment. The round witnessed enthusiastic participation from renowned super-angels who bring their expertise to the table: Aakash Chaudhry, co-founder of Aakash … Read more

SaaS FinTech Zaggle Raises ₹25 Cr In funding

SaaS FinTech  Zaggle headquartered in Hyderabad, continues to make strides in the financial realm as it secures a substantial Rs 25 crore investment from ValueQuest Scale Fund in a pre-IPO round. This recent infusion of funds is a noteworthy addition to the Rs 73 crore garnered by the company through a pre-IPO placement just last … Read more

Aretto Secures $550k Seed Funding to Develop Innovative Kids’ Footwear Technology

Aretto’s leap toward innovation has just become stronger as the company announces the successful completion of its seed funding round. The company secured $550K from a clutch of angel investors and advisors, which included renowned cricketer Hardik Pandya; Abhineet Singh(Co-founder of VegNonVeg and Founder Brewhouse), Shyam Raichura (MD of Aan Group), Raunak Munot (Ex-CMO of … Read more

BizPay Secures Seed Funding to Expand Prepaid Card Solution for Small Businesses

In a Seed Round of funding, Bizpay has secured an undisclosed sum, with Inflection Point Ventures taking the lead. The allocation of the funds will see 20% directed towards product development, 60% towards marketing efforts, and the remaining 20% dedicated to other essential purposes. Bizpay presents a prepaid card solution that is seamlessly integrated with … Read more

Kerala’s chargeMOD Secures ₹2.5 Cr Pre-Seed Funding to Accelerate EV Charging Solutions

Kozhikode, Kerala-based chargeMOD, a provider of charging solutions for electric vehicles (EVs), has successfully secured ₹2.5 crore in a Pre-Seed Round of funding from Phoenix Angels, an angel network based in Thrissur. This announcement was made by the startup. The newly acquired funding will empower the startup to expedite the growth of its product offerings, … Read more

Anthropic Secures $100M from SK Telecom to Build LLM for Telcos

Anthropic PBC, a pioneering artificial intelligence startup and public-benefit corporation headquartered in the United States, has secured a significant investment of $100 million from SK Telecom, South Korea’s largest telecommunications company. This noteworthy collaboration comes as a result of Anthropic’s previous engagement with SK Telecom Venture Capital (SKTVC), the venture capital arm of SK Telecom … Read more

TIEA Connectors Secures ₹3.81 Cr Funding from TDB-DST to Commercialize Cutting-Edge Tech for EVs and Drones

The Technology Development Board (TDB), a division of the Department of Science & Technology (DST) within the Government of India, has entered into an agreement with TIEA Connectors Pvt Ltd, a hardware startup based in Bengaluru. This partnership falls under the initiative “Commercialization of Indigenous Technologies through Tech Start-ups.” TIEA Connectors, incubated at the Society … Read more