Entreprenuernewsnetwork

Mondelēz International launches global start up program ‘CoLab’ in India

Mondelez International announced the opening of CoLab, its worldwide startup accelerator programme, in India. According to Mondelez, the programme aims to support the nation’s expanding entrepreneurial community, promote growth and innovation, and take the lead in the snacking sector. CoLab and Huddle will work together to develop a platform that will draw in relevant snacking … Read more

KreditBee Closes 2nd Round of $200 Mn Series D Funding

KreditBee, one of India’s top fintech platforms, raised an additional USD 100 million in primary investment from Advent International (“Advent”), one of the world’s largest and most experienced private equity investors, as part of an extension of its Series D transaction. Mitsubishi UFJ Financial Group (MUFG), Japan’s largest bank, and current investors Premji Invest, Motilal … Read more

D2C Startup Beco Raises $3 mn in Series A Funding

Eco-Friendly Home & Personal Care D2C Startup Beco has announced that it has raised USD 3 million in series A led by Rukam Capital. The 100% natural and sustainable home and personal care brand that offers affordable and accessible products to consumers, also received funding from Climate Angels – a SEBI CAT I investment fund … Read more

TruCap Finance raises Rs 105 cr capital from Zeal Global Opportunities Fund

TruCap Finance Limited (TRU) has announced a binding agreement to raise up to Rs. 105 Cr (nearly US$13.1 million) in a combination of equity shares, convertible warrants, and non-convertible debentures from Zeal Global Opportunities Fund. The fund raise would comprise of Rs. 80 Cr of equity and convertible warrants, while up to Rs. 25 Cr. would … Read more

Fintech platform MoneyyApp raises funding from angel investors led by GSW Accelerator

MoneyyApp, a Fintech platform empowering small businesses, digital native solopreneurs and creators in India, has raised an undisclosed amount in pre-seed round from AngelList Early Stage Quant Fund. MoneyApp would use the funds to expand its operations, increase product development and create awareness around the app to get more creators and solopreneurs into its network. … Read more

In A Quickest Seed Raised by Indian Space Tech Startup, GalaxEye Raises $3.5 Mn

GalaxEye Space, a SpaceTech start-up focused on earth observation, today announced that it has successfully raised a $3.5 million round of seed round of funding led by Special Invest, a deep-tech venture capital firm. This fundraise is historic for the India SpaceTech market given the funding amount and speed with which the round was closed. … Read more

We Founder Circle plans to invest in 10 local startups

We Founder Circle (WFC), an early-stage start-up investment platform led by a global community of successful founders and strategic angels, today announced its aggressive startup investment plans for the Andhra-Telangana regions. The platform unveiled its targets – to invest in over 50 startups in the region in the next 5 years and facilitate funding for … Read more

Xponentia Capital Leads INR 146 Cr as Investment in Fintech Startup Zype

Mumbai-based Private Equity Fund Xponentia Capital announces investment in Fintech start-up Zype mentored by industry veteran Vivek Vig. Zypeis a new-age FinTech platform which aims toimprove accessibilityto credit for millennials and help them develop sustainable financial habits. Zype’s management team is led by Yogi Sadana – Founderand CEO,who has deepFintech experienceand has held several leadership … Read more

Simplilearn Launches ‘SimpliRecruit’ To Help Recruiters Find Best Tech Talent

Simplilearn, the world’s #1 online boot camp for digital skills training, announced the launch of ‘SimpliRecruit’, a new platform to help recruiters identify the best talent across technology domains. The platform will serve as a one-stop solution to help companies hire talent proficient in-demand tech skills, and is aligned with Simplilearn’s core value of equipping learners with … Read more

E-mobility startup Indeanta raises Rs 1.1 crore in bridge spherical funding

Indeanta, the Electric mobility start-up raises $150,000 (~Rs 1.1 crore) from IvyGrowth Associates and a community of Angel Investors. The spherical was led by Prateek Toshniwal, Mehul Shah, Nine Spar, and others. The fundraise represents a bridge spherical in its ongoing pre-series A spherical. Indeanta started its operation in December 2020 with its in-campus mobility … Read more

Cloud kitchen startup Curefoods raises $50M in Series C Funding

Curefoods, a cloud kitchen startup, has raised $50 million in funding from Winter Capital, Three State Capital, Chiratae Ventures, and Accel. Iron Pillar, Nordstar, Binny Bansal, Adil Allana, Rashmi Kwatra, Lydia Jett, and Kunal Shah are among the company’s current investors. In 2021 and 2022, the company raised about $120 million in equity and venture … Read more

AIC-Pinnacle plans to incubate 30+ new startups, facilitating funds up to 10 million in 2022

India’s leading incubation & investment platform, AIC (Atal Incubation Centre)-Pinnacle Entrepreneurship Forum, supported by Atal Innovation Mission, NITI Aayog, Ministry of MSME, and Ministry of Electronics and IT Govt of India, has announced its plans to incubate 30 new startups with estimated facilitation of funds up to 10 million in the current financial year. The … Read more

Oracle Movies gets seed fund under Union government’s scheme, signs pact with over 40 Malayalam producers

Oracle Movies, India’s first NFT Movie MarketPlace, is steadily making progress by creating the right waves in the industry and beyond. Founded by Technology Entrepreneur Senthil Nayagam and Film Producer G K Tirunavukarasu, Oracle Movies is expected to bring a tectonic shift in the way film business is being done in India. Already, around 1000 … Read more

Agritech startup Nutrifresh raises $5M in Pre-Series A funding

Nutrifresh, an agritech business based in Pune that focuses on hydroponically farmed produce, has raised $5 million in a Pre-Series A fundraising round. Nutrifresh’s mission is to supply consistent pesticide-free, nutrient-rich hydroponic produce. It was co-founded by agripreneurs Sanket Mehta and Ganesh Nikam. The company claims to be quality-focused, having earned ISO, FSSAI, APEDA, HACCP, … Read more

ShareChat raises $300M from Google at $5B valuation

Short video app Sharechat’s parent company has raised nearly $300 million in funding from Google, Times Group, and Temasek Holdings. After backing Bengaluru-based unicorn VerSe Innovation’s Josh, Google has made its second investment in the short video industry in India. In 2015, IIT Kanpur alumni Ankush Sachdeva, Farid Ahsan, and Bhanu Singh formed Mohalla Tech, which owns … Read more

ElectricPe inks partnership with Electric One

ElectricPe, India’s most trusted EV charging platform, has partnered with Electric One, India’s Largest EV Super Stores Chain, to provide robust charging infrastructure and encourage EV adoption. Through this alliance, Electric One customers across 82 stores in India will get access to ElectricPe’s EV platform. The alliance will be executed phase by phase, starting in Bengaluru, before scaling across different regions, … Read more