Entreprenuernewsnetwork

WeWork India Secures ₹500 Crore in Rights Issue to Reduce Debt and Boost Expansion

WeWork India

WeWork India has successfully raised ₹500 crore through a rights issue, a strategic move aimed at reducing debt and fueling its growth plans in the flexible workspace sector. The funds will be used to repay liabilities, enhance the company’s balance sheet, and lower its cost of capital, paving the way for a debt-free future, according … Read more

Quash Raises $650K Pre-Seed Funding to Revolutionize Mobile App QA with Generative AI

Quash

Quash, a promising startup founded in 2023 by Ameer, Prakhar, and Ayush, has secured $650K in Pre-Seed funding to transform the mobile app quality assurance (QA) process. The funding round saw participation from prominent investors, including Arali Ventures, Java Capital, Peercheque, DeVC, and angel investor Abhishek Goyal from the DeVC Collective. Innovating the QA Process … Read more

Innovaccer Secures $275 Million in Series F Funding to Revolutionize Healthcare with AI

San Francisco, USA – Innovaccer, a leading healthcare AI company, has reportedly raised $275 million in its Series F funding round, according to media reports. This round included both primary and secondary investments, attracting participation from prominent investors such as: B Capital Group Banner Health Danaher Ventures LLC Generation Investment Management Kaiser Permanente M12 Fueling … Read more

GrayQuest Raises ₹80 Crore in Series B Funding to Revolutionize India’s Education Payments Ecosystem

Rishabh Mehta

Mumbai, India – GrayQuest, a leading fintech company dedicated to developing digital financial solutions for India’s education sector, has raised ₹80 crore ($9.3 million) in its Series B equity funding round. The funding will enable GrayQuest to enhance its technology platform and expand its reach to educational institutions nationwide, solidifying its position as a pioneer … Read more

Kerala’s Beyond Snack Raises $8.3 Million in Series A Funding

Manas Madhu, Founder of Beyond Snack

Kochi, India – Kerala-based premium banana chips brand, Beyond Snack, has successfully raised $8.3 million in its Series A funding round, marking a major milestone in its growth journey. The funding was led by 12 Flags Group, founded by Rakesh Kapoor, former global CEO of Reckitt Benckiser. The round also saw increased participation from existing … Read more

Kotak Strategic Situations India Fund II Invests ₹940 Crore in Neuberg Diagnostics to Fuel Expansion

Kotak

Mumbai, India – Kotak Strategic Situations India Fund II, managed by Kotak Alternate Asset Managers Limited (Kotak Alt), has announced a significant investment of ₹940 crore in Neuberg Diagnostics Private Limited, marking a transformative step in the healthcare diagnostics sector. This strategic funding aims to accelerate Neuberg’s inorganic growth strategy and solidify its position as … Read more

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