Entreprenuernewsnetwork

Toku Closes USD 5 Million Series A Extension and Appoints Former Singapore Minister Lim Hwee Hua as Advisory Board Chair

Toku, a leading provider of enterprise cloud communications and customer experience solutions in the Asia-Pacific region, has announced the successful completion of a $5 million Series A Extension funding round. Led by Betatron Venture Group, the round also saw participation from the Hong Kong Innovation and Technology Venture Fund (ITVF) and other strategic investors. This … Read more

Lightyear Raises $31 Million to Continue Revolutionizing the Enterprise Telecom Experience

Lightyear, the leading provider of enterprise telecom management software, today announces the completion of its $31 million Series B fundraise led by Altos Ventures, with meaningful participation from existing investors Ridge Ventures, Amplo, Zigg Capital, and Susa Ventures. This new round of funding comes at the heels of major product milestones, including the launch of Lightyear’s Network … Read more

ThoroughCare Secures $5 Million in Series A Funding from Empactful Capital

ThoroughCare, a leader in care coordination solutions, has successfully closed its $5 million Series A funding round, led by Empactful Capital. This investment will support ThoroughCare’s continued focus on product development, strategic account management, and expansion into new markets. The funding marks a major milestone for the company as it continues its mission to simplify … Read more

Suditi Industries Acquires Gini & Jony to Strengthen Presence in India’s Kidswear Market

Suditi Industries, a prominent player in textile and garment manufacturing, has announced the acquisition of Gini & Jony, one of India’s most iconic children’s wear brands, with a 44-year legacy. This strategic move is part of Suditi’s broader vision to dominate the growing kidswear market by leveraging its vertically integrated manufacturing capabilities, advanced supply chain … Read more

B Capital named Timur Akazhanov as General Partner

B Capital, a global multi-stage investment firm, today announced the appointment of Timur Akazhanov as General Partner. Mr. Akazhanov will focus on strategic growth equity investments in technology and tech-enabled services companies, leveraging B Capital’s capabilities in scaling and globalizing the next generation of cutting-edge businesses. He will focus on opportunities where B Capital can … Read more

Plantible Foods Closes $30 Million Series B Funding

Plantible Foods, a technology company unlocking the power of plants to promote the health and longevity of people and the planet, today announced the closing of a $30 million Series B funding round. The round was co-led by Piva Capital and Siddhi Capital, with participation from new investors Betagro Ventures, Cultivate Next (the venture arm of Chipotle Mexican Grill), Nourish Ventures (the … Read more

Popcorn AI Secures $500,000 to Define Next-Generation Conversational Commerce

Popcorn AI, the future of conversational commerce, today announced its $500,000 pre-seed funding round, with participation from Spring Studio’s fund, backed by Salica Investments and Al Waha Fund of Funds, and strategic angel investors from across the Kingdom of Saudi Arabia. This investment marks a significant milestone in transforming how businesses connect, engage, and transact with their customers … Read more

Singapore’s Launchpilot Expands Startup School to Empower Indian Entrepreneursx`x`

LaunchPilot, an expert-led startup school for aspiring entrepreneurs, announced its entry into India today. The company aims to empower first-time founders and working professionals to build successful businesses through its “Learn, Build, Scale” methodology. LaunchPilot’s comprehensive program equips participants with the skills and knowledge needed to develop their ideas, connect with mentors and investors, and … Read more

Honasa strengthens R&D capabilities with acquisition of Cosmogenesis Labs

Honasa Consumer Ltd., the holding company of Mamaearth, The Derma Co., Aqualogica, Dr Sheths announces the strategic acquisition of the assets of CosmoGenesis Labs (CosmoGenesis Cosmetics a sole proprietorship firm). With this acquisition, Honasa takes a significant leap in research driven innovation and underscores the capabilities to stay ahead of the curve in terms of … Read more

Nayara Energy to invest INR 600 Cr to set up Ethanol manufacturing plants in India

Nayara Energy, a leading downstream Energy company of international scale, has announced a strategic investment of INR 600 crores setting up Ethanol plants taking a significant step towards integration within the energy sector. These plants would play a pivotal role in bolstering the company’s reliability in ethanol supplies and would be crucial for Nayara to … Read more

Aerospike Closes $109M in Growth Capital from Sumeru Equity Partners

Aerospike, Inc. (“Aerospike”) today announced the close of a $109M growth capital investment from Sumeru Equity Partners (“Sumeru”) with additional investment from existing investor Alsop Louie Partners. This latest investment signals a validation of the company’s product strength and business performance. The investment accelerates innovation and go-to-market capabilities for Aerospike’s core transaction, analytics, and AI … Read more

Expedia Group Announces Jochen Koedijk as Chief Marketing Officer and Brad Bentley as Chief Operations Officer

Expedia Group today announced that Jon Gieselman, president of Expedia Brands, will be leaving Expedia Group effective June 1 after three years leading Expedia’s consumer business and marketing division. Going forward, Brad Bentley will oversee the consumer business as Chief Operations Officer and Jochen Koedijk will lead marketing as Chief Marketing Officer, both reporting directly to incoming CEO Ariane Gorin. “In our journey of … Read more

Mohammed bin Rashid Al Maktoum Global Initiatives and Sobha Realty Join Forces for AED 400 Million Endowment University in Dubai

In a momentous occasion graced by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Vice Chairman of the Board of Trustees of Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), MBRGI and Sobha Realty have entered a charitable grant agreement for the establishment of an endowment university in … Read more

Waaree Energies, India’s Largest Solar Manufacturer to Build 3GW Solar Facility in Texas, Inks Multi-Year Offtake Deal

Waaree Energies, India’s largest solar PV module manufacturer and major supplier to the U.S., announced today it will establish its first U.S. manufacturing facility in the Houston areas. The facility, located in the town of Brookshire, will have the initial capacity to manufacture 3 gigawatts (GW) of solar modules annually by the end of 2024. … Read more

Konect.ai Secures $5.5M Seed Investment from Silverton Partners

Konect.ai, a pioneering SaaS company at the forefront of conversational AI technology for the automotive retail industry, is thrilled to announce a $5.5 million seed investment from Silverton Partners, a prominent venture capital firm based in Austin, Texas. This investment will fuel Konect.ai’s mission to transform the way auto dealerships and auto tech companies engage with their customers … Read more

Stoke Space Announces $100 Million in New Investment

Stoke Space, the rocket company building the world’s most efficient fully and rapidly reusable rocket, announced today $100 million in new Series B investment to drive continued growth and innovation. This investment more than doubles the company’s total funding, which now sits at $175 million. The company also announced the official name of its first rocket: Nova. The funding round was … Read more