Entrepreneur News Network

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

Anita Hassanandani Is Set To Launch Her Own Range Of Clean & Scientific Skincare: Better Beauty

The secret of beauty lies in love, not only love for yourself but for the environment as well. Better beauty is a luxurious, sustainably crafted skincare brand which will be exclusively available on clean beauty platform Vanity Wagon. The brand caters to the line of scientific and bio-compatible skincare that is pure, proven and potent. The products … Read more

OMTV raises ₹ 4 Million in seed funding, to scale production of original content

OMTV, the only OTT network to showcase content pertaining to Indian Sanatan culture, today announced that it has secured funding of Rs 4 million. The company shared that it will be using this funding to cover its current operational cost and ramp up the production of original content. Raj Kumar Jalan and Subhash Jalan led … Read more

D2C milk delivery startup Country Delight raises $108M in Series D Funding

Country Delight, a direct-to-consumer (D2C) milk and grocery delivery service, raised $108 million in a Series D fundraising round led by Nicholas Cator’s Venturi Partners and Temasek on Wednesday. SWC Global and Trifecta Capital joined the round, as well as returning investors IIFL Asset Management, Elevation Capital, Orios Venture Partners, and Matrix Partners. Country Delight’s … Read more

Instant EMI platform ShopSe raises $6.1M In Series A funding

BEENEXT, Chiratae Ventures, and White Venture Capital were among the investors who contributed $6.1 million to ShopSe, a financial platform that offers quick EMI. The current funding comes after a $5.5 million seed round in April 2021. Pallav Jain, Abhishek Nimonkar, and Yagnesh Desai, all former PayU employees, started ShopSe in 2020. By working with … Read more

Meta, Kalaari Capital partner to scale India’s early-stage invested startups

Meta today announced a partnership with premier VC fund Kalaari Capital to upskill and scale young, invested businesses by providing them with timely business skilling help, furthering its commitment to drive the growth of micro, small and medium businesses in the country. The collaboration is part of Meta’s VC Brand Incubator Initiative, which is an … Read more

ABFRL to raise Rs. 2,195 cr of primary capital from GIC

The board of Aditya Birla Fashion and Retail Limited in its meeting today approved raising of up to Rs. 2,195 cr by way of preferential issuance of equity and warrants to an affiliate of GIC, Singapore’s sovereign wealth fund. GIC will invest Rs. 770 cr now towards subscription of equity and warrants, followed by up … Read more

MetaEstate Has Closed A Multi-Million Dollar Strategic Round of Funding Led by Matrixport and SevenX Ventures

MetaEstate, a Singapore-based metaverse service provider, announced that it has recently closed a multi-million dollar strategic round of funding led by Matrixport and SevenX Ventures, followed by Everest Ventures Group and Y+ Ventures. Besides, Cryptogram Venture (CGV), a Japanese fund that invested in the previous round, performed the follow-up investment in this round. In the current … Read more

Healthtech app, Fitelo unveils new branding

Fitelo, a weight loss platform, today announced a major re-branding to reflect the organization’s vision of helping people achieve their fitness goals efficiently and holistically. Fitelo’s new logo depicts an amalgamation of two key wellness elements, one depicting mental health and clarity, and the other physical well-being and energy. Together these overlapping forms create a … Read more

Minus Zero raises $1.7 million from Chiratae Ventures

Chiratae Ventures led a $1.7 million seed round for Minus Zero, a self-driving vehicle startup. JITO Angel Network, as well as senior executives from chipmaker NVIDIA and cab-hailing company Lyft, took part in the round. Minus Zero, founded by Gagandeep Reehal and Gursimran Kalra, creates economical, completely autonomous car fleets that can navigate without a … Read more

Skincare brand RAS Luxury Oils secures $2 mn pre-Series A funding

RAS Premium Oils, the first farm-to-face luxury skincare and personal care business, has received $2 million in pre-Series A funding from Sixth Sense Ventures, a domestic consumer-centric venture fund. RAS, which was founded in 2017 by Shubhika Jain, Suramya Jain, and Sangeeta Jain, has quickly grown into a niche premium D2C business. The company has … Read more

BluSmart Raises $25M In Extended Series A Funding Round

BluSmart, an electric ride-hailing network, has raised $25 million in a follow-up to its Series A fundraising round, which concluded in September 2021. The fundraising round included $15 million in equity and $10 million in venture loan. The equity fundraising round, led by BP Ventures and Green Frontier Capital, included previous investors, while the venture … Read more