Entreprenuernewsnetwork

CarDekho Revenue Up By 81% In FY22

CarDekho, India’s leading auto-tech group, announced results for the financial year 2021-2022. The group registered an impressive 81 per cent growth in consolidated revenue from operations, increasing to INR 1,598 crore in FY22 from INR 884 crore in 2021. The total expenses of the group increased by 70 per cent thereby signifying a strong operating leverage. … Read more

The Good Glamm Group acquires 51 pc stake in Tweak India

In a cash and equity transaction, the content-to-commerce conglomerate The Good Glamm Group purchased a 51% majority stake in the digital media firm Tweak India. The Good Glamm Group’s unique content-creator-commerce play will be significantly strengthened by the greater access to the Tier 1 demographic that this strategic purchase would provide. The content-creator-commerce stack of … Read more

EaseMyTrip to acquire Nutana Aviation

The deal gets EaseMyTrip to foray into the growing air charter services market in India and abroad. EaseMyTrip, India’s one of the largest online travel tech platforms, today announced it will invest in and acquire* Gujarat’s GIFT city-based Nutana Aviation. The acquiree* company is in the business of offering charter solutions to clients in India … Read more

IVY Growth Celebrates its 1st Year Anniversary with a whooping 65+ Start-up Investments

IVY Growth a new age organisation who associate with start-ups and start-up founder and collaboratively work towards building a startup ecosystem that is sustainable and scalable, celebrates its 1st Year Anniversary with a whooping 65+ Start-up Investments. With an overall syndicate funding of 12Mn$ from their network of angel investors it has set the tone … Read more

Digital Lending FinTech Platform, LoanTap Announced the launch of the first ever E2W Marketplace

LoanTap announced the launch of India’s biggest electric two-wheeler online marketplace. With the presence of India’s top brands and over 1000 dealers in one place, customers will have a wide range of options to choose from. They can check out the features and pick the bike of their choice without worrying about funds. In the … Read more

Scaler witnesses 2500 % growth and is cash flow positive

Scaler, one of India’s fastest-growing tech upskilling startups, announced a cumulative 2500 per cent revenue growth in FY 2020 and 2021 with an Annual Revenue Rate (ARR) of $110 Million in August 2022. Owing to the capital-efficient business model adopted by the company, Scaler has achieved YoY growth of over 350 per cent and sustained … Read more

Belong Education acquires Pune-based Intern Hiring platform InternIn

Proof of Work’ Platform Belong.Education acquires Pune-based Intern Hiring platform InternIn to expand into Tier-II and tier-III cities. Aiming to tap the Early Talent Hiring market in India, HRTech startup Belong acquired the country’s 2nd largest intern hiring platform – InternIn for an undisclosed amount on Friday. Starting with 3 colleges and 5 startups in … Read more

Moglix acquires ADI’s India distribution for surveillance, security products

Moglix today announced the acquisition of ADI’s India distribution business to spread its arms further into industrial goods distribution. ADI’s India business represents the Indian distribution arm of ADI Global Distribution, a leading global wholesale distributor of security, AV and low-voltage products, which is part of Resideo Technologies, Inc. Moglix has acquired ADI’s India distribution … Read more

Safex Chemicals Acquires UK-Based Briar Chemicals for GBP 73 Mn

Safex Chemicals India Limited (Safex), a fast-growing Indian agrochemicals company, announces the acquisition of Briar Chemicals (Briar), the UK’s leading agrochemicals Contract Development and Manufacturing Organisation (CDMO) provider, from the pan-European alternative investment firm AURELIUS Equity Opportunities. Safex is backed by ChrysCapital, one of India’s largest private equity firms, which owns a significant minority stake in the … Read more

KuCoin Celebrates 5th Anniversary, Announces Expansion Plans

Since its founding in 2017, KuCoin has expanded from its original seven co-founders to a highly effective team of over 1,000 people across the globe, scaling 142 times. The exchange currently serves 20 million crypto users across more than 200 countries. Along with the rapid growth in the number of users, the cumulative trading volume … Read more

BLive expands its footprint; inaugurates its first Multi-brand EV store in Kolkata

India’s fastest growing multi brand EV platform, BLive, opened its first EV Experience store at CIT Road, Scheme VIM, Near Phoolbagan P.S, Kolkata, West Bengal. The EV Experience store was launched in the presence of Lopa Mudra, ex Miss Kolkata and Public Figure. The store offers a wide range of products for personal mobility and EV solutions for businesses. With the … Read more

SuperShare Announces Its First ESOP Buyback Sale; A Rare Event for an Early-Stage Startup

SuperShare is excited to announce its first-ever ESOP (Employee Stock Option Programme) buyback. In its Series A stage, SuperShare is successfully utilising ESOPs to draw in new talent while recognizing current and past employees for their support and contributions. It’s a rare event for an early-stage startup. Team members with vested options will be eligible … Read more

Three Indian Women Part of a New World Record in Switzerland

Switzerland hosted a never-before-seen, extraordinary feat that brought together 82 women of influence from across 25 countries to add a new female chapter to the history of what is still an overwhelmingly male-dominated sport! The ladies came together and successfully created a new world record for – ‘The Longest Women’s Rope Team’ on the 4164 … Read more

Samosa Party forays into offline restaurant space with brick-and-mortar stores

Samosa Party, India’s fastest-growing QSR, has announced its debut into the offline restaurant industry, with its first brick-and-mortar locations in Bengaluru, delivering hot and crispy samosas in 15 flavours with freshly-made condiments and accompaniments. The two locations, which will be located at 12th Main Indiranagar and Forum Mall Koramangala, will occupy excellent restaurant space, upgrading … Read more

Pune Good Samaritan Seeks To Train Disabled People In Digital Marketing Skills

From Pune comes this heart-warming story of Yogesh Sonar who wants to reach out to people with disabilities across India by offering them training in digital marketing skills. As a child with a disability growing up in rural Maharashtra, Yogesh Sonar had it hard. Yogesh’s left leg was affected by a childhood polio attack and he had a hard … Read more

CavinKare Launches D2C Platform for Buds & Berries

CavinKare’s digital-first Personal Care Brand – Buds & Berries revealed an exclusive platform to offer consumers an indulgent experience. Consumers can now access the entire range of Body Care, Skin Care and Hair Care products brought together by handpicked exotic garden-inspired ingredients. Aligning with the demands of new-age women, Buds & Berries is a clean … Read more