Entrepreneur News Network

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

Ving Hybrid raises funds from SucSEED Indovation

SucSEED Indovation Fund, based in Hyderabad, has invested in Ving Hybrid Technologies India Pvt Ltd. Ving Hybrid Technologies is based in Singapore and India and was founded by two ex-Cisco executives. Ving Hybrid wants to democratise Video Conference Rooms by providing a “One Stop VC Room Solution” with the goal of “simplifying cooperation.” Ving offers … Read more

HappyEasyGo raises new funding from existing shareholders

HappyEasyGo, a fast-growing online travel agency (OTA Platform), currently invested by Samsung Venture Investment, Korea Investment Partners Co. Ltd., M&S Partners Pte. Ltd., CVC Capital Partners, and UOB Venture Management, has raised new funding from its existing shareholders. The funding is backed by the encouraging business trends in the travel industry in the Indian market. … Read more

DoorDash approves $400 million stock Buyback

According to a regulatory filing on Thursday, DoorDash Inc. has authorised the buyback of up to $400 million in shares. In its filing, DoorDash DASH, -1.08 percent stated that the move is being made to counter dilution from its employee stock-compensation scheme. During the coronavirus pandemic, the delivery-app platform, which went public in 2020, reported … Read more

Vijay Shekhar Sharma Reappointed MD And CEO Of Paytm

Paytm’s founder Vijay Shekhar Sharma was re-appointed as the company’s Managing Director and Chief Executive Officer on Saturday. He has been reappointed to the job for a period of five years, with effect from December 19, 2022, according to the company’s exchange filing. Madhur Deora, the company’s current Chief Financial Officer, has been appointed as … Read more

P2P Platform Lendenclub Appoints Mudit Agarwal As Chief Business Officer

LenDenClub, India’s largest Peer-to-Peer Lending platform, with its vision to drive financial inclusion, is building a formidable leadership team as it prepares for its next growth phase, chasing an ambitious goal of $1 billion in loan disbursals. To this effect, the RBI registered NBFC-P2P has made a key leadership appointment and hired CA Mudit Agarwal … Read more

T-Hub Bags INR 5 Cr from Startup India Seed Fund

T-Hub

T-Hub, which leads India’s pioneering innovation ecosystem, today announced that it got selected under the Startup India Seed Fund Scheme by DPIIT, GOI to disburse INR 5 Cr among eligible startups with an objective to support and fuel early stage funding in startups. With an aim to provide value-driven and effective growth for the startups, … Read more

Digital identity and authentication platform Bureau raises $12M

Bureau, a frictionless identity verification and fraud protection platform, announced on Thursday that it has raised $12 million in a Series A round led by Quona Capital and Commerce Ventures, with participation from Okta Identity and strategic angels Mark Britto, EVP Chief Product Officer at Paypal, and Bobby Mehta, Retd. President and CEO of TransUnion. … Read more