Genesys International Corporation, one of the leading homegrown players in the locational intelligence space, has announced the appointment of Sameer Sankhe as Chief Digital Officer (CDO). Sameer has previously led digital transformation consulting at Salesforce India. He helped Salesforce’s key clients in their vision-to-value journey. He has over two decades of experience in tech entrepreneurship and … Read more
Intuitive, a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery, has installed its hundredth robotic-assisted surgical system in India at the U.N. Mehta Institute of Cardiology, the country’s largest cardiac center. The installation was marked at an event attended by the Hon. Prime Minister of India, Mr Narendra Modi. “We … Read more
Delhivery Limited (NSE: DELHIVERY, BOM: 543529) reported revenue from services of Rs. 1,796 Cr in Q2FY23, up 22% YoY from Rs. 1,474 Cr on a reported basis and up 9% YoY from Rs. 1,644 Cr on a pro forma basis in Q2FY22. Loss after Tax in the same period narrowed from Rs. 643 Cr in … Read more
Salud Beverages, an award-winning urban lifestyle brand introduced 11 uniquely designed Ethereum based NFTs – ‘Salud Cusps’ in collaboration with Token Runway has emerged to be the first Indian alcobev to sell all their NFT Cusps collections. NFT enthusiasts and ardent followers of brand Salud participated with great enthusiasm and excitement throughout the auction since … Read more
Inventor and Entrepreneur Sanandan (Sandy) Sudhir, who created quite some ripples in Shark Tank with the world’s fastest cooking device, has declared that his startup On2Cook India Pvt Ltd has secured seed funding of over 2 Million USD. The funding round was led by angel investor Dr Mayur Desai, who infused the first tranche of … Read more
MY3DMeta a 3D Modelling tech company, secured an investment of over Rs. 10.5cr from The Chennai Angels, Dholakia Ventures, AccelNest, Karn Nagpal, Badri Raghavan, IIT-IIM Angels, Hyderabad Angels, and others. MY3DMeta plans to utilize the fund for building tech, IP, and business development. Founded in 2016, MY3DMeta is making cutting-edge progress in 3D modelling with … Read more
Mintel has announced five trends set to impact global consumer markets in 2023, over the next five years and beyond. Centred around seven core drivers of consumer behaviour which are Identity, Rights, Surroundings, Experiences, Technology, Wellbeing and Value – the trends are Me Mentality, Power to the People, Hyper Fatigue, International Localism and Intentional Spending. Matthew Crabbe, Director … Read more
Bengaluru based Ulipsu, India’s first multipotential OTT like learning platform, from Kidvento Education and Research Private Limited, recently raised $1.5 million in funding from angel investors based in the Middle East and the UK. This round of investment comes as an addition to the initial $1 million USD Pre-Series A round funding received in October 2021. With … Read more
Ayu Health Hospitals, a fast-growing healthcare start-up with a network of 100+ hospitals across India, today announced its maiden entry into Hyderabad. With the aim of providing healthcare for all, the company will be adding more hospitals to its existing portfolio of 19 hospitals and 1500 beds in the region. Recently, the company secured an … Read more
Consumer Hardware Startup, Up (previously React Labs) raised $500,000 from Nithin Kamath led Rainmatter as a part of its pre-seed funding. Founded by Mahek Mody and Mohit Sharma, the Bengaluru based startup closed its pre-seed round at a total of $1.3 Million. Up has received investment from co-founders of Ather Energy, Unacademy and the Stanford … Read more
Wib, the fast-growth cybersecurity startup pioneering a new era in API security, today announced a $16 million investment led by Koch Disruptive Technologies (KDT), the growth and venture arm of Koch Industries, Inc, with participation from Kmehin Ventures, Venture Israel, Techstars and existing investors. The investment will be used to enhance Wib’s pioneering holistic API security platform and accelerate international … Read more
Fordefi, a financial technology and software company, today announced an $18 million seed round and the public launch of its institutional MPC wallet built for transacting on decentralized applications (dApps). Led by Lightspeed Venture Partners, the investors of the firm’s initial capital raise also include Electric Capital, Alameda Research, Jump Crypto, Castle Island, Pantera Capital, Illuminate Financial, PayPal … Read more
Kyte, the company pioneering cars delivered to you on-demand for daily, weekly or monthly use, today announced $60M in Series B growth equity financing. The round is led by InterAlpen Partners, whose founder, Stephen George – an early investor in Tesla and SpaceX – is joining Kyte’s Board. Other new investors include Valor Equity Partners, Anthemis, Citi Ventures, and … Read more
Full-Stack Mobility solution provider Automovill has raised Rs 2.15 crore in a Pre-Series A round led by Inflection Point Ventures. Following a hybrid & flexible business model, Automovill has the 3rd largest presence across India, while catering to 0.15Mn+ customers, Automovill has enhanced its technology offerings to strengthen and organize the auto after-service and maintenance … Read more
Bangalore based tech enabled financial services start-up InPrime has raised $1.45 Mn in seed money from InfoEdge Ventures, Titan Capital, Kettleborough VC and other marquee investors. As a new entrant into the financial sector, InPrime will strategically focus on the emerging financial needs of the prime layer of customers within informal segment. The firm plans … Read more
CitiusTech, a leader in healthcare technology and consulting services, today announced that it has acquired Wilco Source, one of the world’s leading providers of Salesforce consulting and implementation services for healthcare and life sciences companies. As organizations increasingly adopt digital technologies to transform care delivery, strengthening patient and member experience across the care continuum has … Read more
Shiva Tadikonda has been named the Chief Compliance Officer at CoinSwitch. The hiring fits in with the business’ ongoing efforts to fortify its legal and regulatory frameworks in order to develop a compliant wealth-tech platform. Tadikonda has more than 35 years of experience in management information systems, compliance, banking, credit analysis, and commercial banking (MIS). … Read more
goEgoNetwork – India’s leading EV charging solutions providing company has recently entered a strategic partnership with Bengaluru-based SRIT India Pvt. Ltd., formerly Sobha Renaissance Information Technology Pvt. Ltd., to set up its first fast charge park in Bengaluru at ITPL Main Road, Kundalahalli, Brooke Field, Bengaluru, Karnataka. Interestingly the development comes at a time wherein … Read more
Westbridge Capital has invested USD 57 million in the HR-tech startup Keka. According to the Hyderabad-based startup, this is the highest series-A funding in the funding market for software as a service (SaaS). The startup, which was founded in 2016 and provides services to over 5,500 small businesses, was initially bootstrapped. Telugu’s word for fantastic … Read more
1Digi Ventures, the family office of founder and global CEO of actyv.ai, Raghu Subramanian, has announced that it is investing an undisclosed amount in a B2B ecommerce platform Kneady, a one-stop marketplace for hotels, restaurants, and catering businesses. Kneady (https://www.kneady.in/) is the first of its kind startup that caters to everyday requirements of hotels and … Read more
