Entreprenuernewsnetwork

ThePack.in Secures $125K in Angel Funding to Revolutionize Pet Parenting in India

thePack.in team

ThePack.in, India’s first-ever pet parenting community and educational startup, has achieved a significant milestone by raising $125K in its angel funding round. This funding was supported by a mix of experienced entrepreneurs and dedicated pet parents, including Rohit Kalsi and Rushil Kalsi, along with contributions from their network of friends and family. This investment will … Read more

KIBI Sports Secures $100,000 in Angel Funding to Revolutionize the Sports Ecosystem

Kibi Sports

KIBI Sports, a rising star in the sports industry, has successfully raised USD 100,000 in its latest funding round from a group of prominent angel investors. The brainchild of Sagar Rai, a former national-level athlete who competed in five different sports, KIBI Sports is on a mission to address the challenges faced by athletes, including … Read more

Consint.AI Secures ₹5 Crore Seed Funding to Revolutionize Healthcare Transactions with Generative AI

Consint.Ai

Generative AI-driven healthcare insurance fraud and risk management company Consint.AI has successfully raised ₹5 crore in a seed funding round led by Equanimity Ventures and Seafund. The investment will fuel the company’s efforts to scale operations, enhance its Generative AI Feature Suite for its Health AI platform, and support infrastructure upgrades, R&D initiatives, and team … Read more

Neha Dhupia-Backed BlackCarrot Secures Seed Funding to Revolutionize Health-Conscious Dinnerware

Neha Dhupia

BlackCarrot, India’s pioneering dinnerware brand for health-conscious consumers, has announced a significant seed funding round. The investment comes from We Founder Circle, EvolveX accelerator, and Suraj Nalin, Co-Founder of PlaySimple Games. Bollywood actress Neha Dhupia, a brand ambassador and equity partner, is among the prominent supporters of the venture. A Game-Changer in Health-Focused Dinnerware BlackCarrot … Read more

Accel Raises $650 Million Early-Stage Fund to Back Disruptive Businesses in India

Accel

On January 6, 2025, venture capital firm Accel announced the successful closure of its eighth early-stage fund in India, raising an impressive $650 million (approximately Rs 5,500 crore). This new fund will be directed towards investing in innovative and category-defining businesses, with a focus on sectors such as Artificial Intelligence (AI), consumer products, fintech, and … Read more

NaBFID Invests INR 7,450 Million in NDR InvIT to Boost India’s Warehousing and Industrial Infrastructure

In a move reflecting strong confidence in India’s infrastructure growth story, the National Bank for Financing Infrastructure and Development (NaBFID) has invested INR 7,450 million in long-term bonds issued by NDR InvIT, an Infrastructure Investment Trust managed by NDR InvIT Managers and sponsored by NDR Warehousing Private Limited. These 15-year bonds, rated AAA/Stable by India … Read more

Confido Health Secures $3 Million Seed Funding to Revolutionize Healthcare Operations with AI

Confido Health, a pioneering healthcare technology startup, has raised $3 million in a seed funding round led by Together Fund, with participation from MedMountain Ventures, Rebellion VC, and other notable investors. This funding underscores the growing interest in leveraging AI-powered solutions to tackle critical staffing and operational challenges in specialty healthcare practices. Revolutionizing Healthcare Operations … Read more

Ajinkya Rahane Invests in Shark Tank India Startup Proxgy, Valued at ₹400 Crores

Proxgy

Proxgy, a startup that gained fame on Shark Tank India, continues to capture attention with its rapid growth and high-profile investors. Indian cricketer Ajinkya Rahane has joined the list of celebrities supporting the company by participating in its latest $3 million Series A funding round. A Star-Studded Lineup of Investors Rahane is not alone in … Read more

Reliance Industries Acquires Karkinos Healthcare for ₹375 Crore, Strengthening Its Healthcare Footprint

Reliance Industries

Reliance Industries Limited (RIL) has successfully completed the acquisition of Karkinos Healthcare Pvt Ltd, a cutting-edge oncology-focused platform. The acquisition, worth ₹375 crore, was carried out through Reliance Strategic Business Ventures Ltd (RSBVL), a wholly owned subsidiary of RIL. This strategic move enhances Reliance’s commitment to advancing cancer care in India through technology-driven solutions. Details … Read more

Captain Fresh Secures ₹100 Crore Funding to Expand Its Seafood Platform

Captain Fresh Founder

Bengaluru-based seafood startup Captain Fresh has raised ₹100 crore (approximately $12 million) in a funding round led by Motilal Oswal Wealth Limited, according to regulatory filings. This marks another milestone for the fast-growing farm-to-retail platform specializing in seafood. Details of the Funding Round Captain Fresh’s board approved the issuance of 1,002 preference shares at a … Read more

Leanworx Secures ₹8.3 Crore Seed Funding to Scale Industry 4.0 Solutions in India and Beyond

Learnworx Founder

Bengaluru-based Leanworx, a startup revolutionizing manufacturing productivity through real-time machine monitoring, has raised ₹8.3 crore in its seed funding round. Led by YourNest Venture Capital, the funding includes ₹6.5 crore from YourNest and ₹1.5 crore from an angel investment group. Fueling Growth and Innovation The newly secured funds will accelerate Leanworx’s expansion in India and … Read more

Aurionpro Solutions Acquires Fenixys to Strengthen European and Middle Eastern Footprint

Aurionpro Solutions, a leading provider of technology solutions for the financial services sector, has announced the acquisition of Fenixys, a Paris-based consulting firm renowned for its expertise in capital markets services. This strategic move aims to bolster Aurionpro’s presence across Europe and the Middle East, aligning with its broader banking and FinTech growth strategy. Key … Read more

HostBooks Secures $5 Million Funding from Orange Orbit LLP to Accelerate Global Expansion

HostBooks, a leading provider of automated cloud-based accounting solutions, has successfully secured $5 million in funding from Orange Orbit LLP. This strategic investment marks a significant milestone for HostBooks, enabling the company to fast-track its global expansion and further enhance its innovative suite of services for businesses worldwide. Driving Innovation in Cloud Accounting Founded with … Read more

India: The World’s 3rd Largest Startup Hub Revolutionizing Innovation and Entrepreneurship

India has firmly established itself as one of the most dynamic startup ecosystems globally, ranking as the 3rd largest startup hub. With over 100 unicorns and a robust ecosystem of 73,000 startups with women directors, India is setting a benchmark in innovation, inclusivity, and entrepreneurship. These startups, representing nearly half of the 1,57,066 startups recognized … Read more

Mindgrove Technologies Secures $8 Million Series A Funding to Advance Semiconductor Innovation

Sharan Srinivas J (CTO) and Shashwath TR (CEO), Mindgrove Technologies

Mindgrove Technologies, a Chennai-based fabless semiconductor design startup, has announced raising $8 million in its Series A funding round. The round was co-led by Rocketship.vc and Speciale Invest, with participation from Mela Ventures, Peak XV Partners, Nishchay Goel, Whiteboard Capital, and new investor Anshul Goel. Expanding Horizons with Fresh Capital The funds will be utilized … Read more

Indian Startup IPOs in 2023: A Landmark Year with ₹29,247 Crore Raised

The Indian startup ecosystem reached a remarkable milestone in 2023, with 13 new-age companies launching Initial Public Offerings (IPOs) and collectively raising over ₹29,247 crore from the stock market. This surge represents a significant increase compared to previous years, with 10 IPOs in 2021, six in 2022, and six in 2023. IPO Breakdown and Fund … Read more