In its latest round of funding, led by Nexus Venture Partners, CapGrid, a B2B cloud manufacturing startup for precision parts, announced it had raised $ 7 million. Existing investors Axilor and Anicut Capital also participated in the round. In the round, Deepak Jain, a senior partner at Bain and the director of the automotive business … Read more
Ayena Innovation is a Ranchi, Bihar-based startup that works in the home furnishings and décor industry. JSW Steel Coated Products (JSWSCPL), a wholly owned subsidiary of JSW Steel, announced that it has reached an agreement to buy a 31% ownership in the company for a cash payment of INR 59.9 crores. JSWSCPL will be able … Read more
With an aim to empower young students, Spreading Happiness InDiya Foundation (SHIF), a non-profit collaboration between cricketing icon Sachin Ramesh Tendulkar and Schneider Electric India is on a mission to provide access to digital education in more than 150 Rural Indian schools by 2025 under the SMITA Program. Through this association, they also aim to introduce the concept of Digi Green wherein … Read more
Pune-based health and wellness startup, iThrive has joined hands with Illuminations, one of the leading wellness companies in the UAE and the Middle East to offer its functional nutrition courses in GCC countries. Functional Nutrition is an alternative medicine modality that claims to use advanced medical testing and the most up-to-date medical science to uncover … Read more
New-age digital entertainment and technology company, JetSynthesys, has acquired majority stake in Fanory, a start-up that helps creators monetize better than what is possible on social media platforms. As part of this transaction, JetSynthesys has onboarded ex-Twitter India Head and Fanory’s co-founder, Manish Maheshwari, as President at the Corporate level, JetSynthesys. Shareholders of JetSynthesys include the family … Read more
NTT Ltd., a leading global IT infrastructure and services company, one of the world’s top 3 data center service providers is committed to making the data center space green, and its latest initiative towards the cause is its breakthrough deployments of Liquid Immersion Cooling (LIC) and Direct Contact Liquid Cooling (DCLC) technologies. The company recently … Read more
Tally Solutions, a pioneer in the software products industry delivering business management software for small and medium businesses (SMBs) for over three decades, announced the plans to ramp up their talent base across portfolios and levels. The company is revamping its talent strategy to meet the extensive product and business roadmap with an overall plan … Read more
Chara, a Bangalore-based deep-tech start-up, has raised a pre-series A round of $4.75M led by Exfinity Venture Partners, a Bengaluru based VC firm known for its B2B focus and deep-tech expertise. This round also had participation from Vietnam based Big Capital, venture arm of Bitexco and Log9 Materials. Kalaari Capital and ciie.co who are existing … Read more
BeatO, a comprehensive digital care platform for controlling and reversing diabetes, today announced that they have more than 2 Million people with diabetes on their platform. The platform has seen its user base grow by 17x in the past 5 years. The majority of BeatO’s current user base is from South India (36%) followed by … Read more
India’s networking market which comprises Ethernet Switches, Routers, and WLAN segments has witnessed unprecedented growth with regard to vendor revenue during the third quarter of FY22 according to a special report published by IDC (International Data Corporation). NETGEAR, a global networking company providing hardware for consumers, businesses, and service providers is now amongst the top … Read more
Furniture company Boingg, which focuses on D2C sales to children, has secured INR 2 Cr in a Pre Series A round that was spearheaded by Inflection Point Ventures, one of India’s biggest angel investing platforms. The money raised will be used for licencing, equipment expansion, and corporate branding. With the opening of a physical store … Read more
Turns, a vertical SaaS firm for the laundry sector, has secured $500K in pre-seed funding from Better Capital, PointOne Capital, and a group of outstanding angel investors. With a full stack software & hardware integrated solution that includes a contemporary POS, customer management, easy payments, accounting, employee management, logistics optimization, and compliance, Turns assists launderettes … Read more
Giga Fun Studios, a startup in Bengaluru that specialises in casual gaming, today announced that it has raised $2.4 million in a seed round headed by Lumikai, India’s first gaming and interactive media-focused venture capital fund, and the consumer experts Fireside Ventures. In addition to Riverwalk Holdings, this round also included All In Capital, Kettleborough … Read more
World V and YourNest Venture Capital, along with two other significant investors—Auxano Capital and She Capital—announced a Series A fundraising of over $2 million for India’s top metaverse platform, which links architects, designers, and building construction engineers with product manufacturers. The round was co-led by World V and YourNest Venture Capital. The Architecture, Engineering, and … Read more
actyv.ai, a Singapore-headquartered, category creator in the enterprise SaaS with embedded B2B BNPL and insurance space, has raised a total of $12 million as part of Pre-Series A funding round from 1Digi Ventures, Singapore, the family office of Raghunath Subramanian, Founder and Global CEO of the company. This includes an earlier tranche of $5 million … Read more
MillionICU, an initiative by Dozee, India’s first AI-based contactless Remote Patient Monitoring (RPM) & Early Warning System (EWS), has partnered with British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, to upgrade 6000 hospital beds in ~140 public hospitals across India and in other regions to transform the public healthcare landscape. The … Read more
