Entrepreneur News Network

HR automation platform Omni HR raises USD 2.4mn pre-seed funding

HR automation platform, Omni HR today announced it has recently closed USD 2.4 million in an oversubscribed pre-seed funding round co-led by Alpha JWC Ventures and Picus Capital, with participation from FEBE Ventures, Basis Set Ventures, Ratio Ventures, and Frances Kang at Horizons Ventures. This round was also supported by a number of prominent angel investors including former executives at Namely … Read more

IIT Madras and Mphasis collaborate to accelerate applied research in Quantum Computing

Mphasis F1 Foundation, with a grant of Rs. 21 crores over five years. Countries all over the world are increasingly seen investing in Research & Development (R&D) in the field of Quantum. The partnership will fortify India’s leadership in quantum information, develop comprehensive training, and create quality resources for education and training in quantum computing. … Read more

upGrad acquires Harappa Education for Rs 300 Cr

upGrad, Asia’s largest integrated higher Edtech major has announced a 100% merger of Harappa Education at a value of USD 38 million (INR 300 crores). Harappa will clock USD ~10 million( INR 75 crores) in Revenue this year. upGrad closed this transaction with present Harappa shareholders – Bodhi Tree Systems, (a newly formed platform between … Read more

Creative Galileo raises $7.5 mn in Series A funding

Creative Galileo, an early learning ed-tech platform, announced that it has raised $7.5 million in Series A funding from Kalaari Capital, Affirma Capital, East Ventures, Valiant Employee Investment Fund, and angel investors. This brings Creative Galileo’s total funding to $10 million, which includes a $2.5 million pre-series A round announced in October of last year. … Read more

KuCoin announces $10 mn strategic investment from SIG

Susquehanna International Group (SIG), one of the largest quantitative trading firms, has made a strategic investment in KuCoin, a global cryptocurrency exchange. Aside from a 10-million-dollar investment, the two parties will collaborate on blockchain startup incubation and the development of the KCS and KCC ecosystems. KuCoin will use the funds to improve platform infrastructure and … Read more

XQ Raises Usd 1.4 Mn To Transform Education By Teaching Video-creation In Schools

xQ, an edtech start-up which teaches kids the art & science of video creation has raised USD 1.4mn through a Gujarat-based angel syndicate along with a select group of HNI investors which includes senior leadership personnel from Google, Deloitte, Tata 1mg, Axis Capital, and award-winning international photographer Joseph Radhik. The startup was founded by IIM … Read more

Cadbury Gems forays into world of NFTs to generate funds for less fortunate kids

Cadbury Gems has announced the launch of its first ever NFTs (non-fungible tokens) through the latest Junior NFT campaign. From launching the successful online Cadbury Gems birthday party with Youtube sensations Aayu- Pihu, to, introducing the Cadbury PlayPad, an augmented reality gaming experience to make learning fun, the brand continues to leap into the world … Read more

Gupshup named Krishna Tammana as CTO

Gupshup, a global conversational engagement platform, announced the appointment of Krishna Tammana as Chief Technology Officer. Krishna will lead technology strategy, engineering and integration, supporting Gupshup’s product-led growth and market expansion. “Gupshup’s strong growth has been built on the foundation of heavy investment in product and engineering”, said Beerud Sheth, Co-founder and CEO, Gupshup. “As we gear up … Read more

E-commerce gig hiring picks up steam ahead of the festive season: Taskmo Gig Ind

Taskmo, Quess Corp. backed, an on-demand Gig Tech platform has witnessed over 66% rise in gig work during the month of June this year. As many as 5 lakh gig tasks were offered during the month compared to 3 lakh gig work in May this year as Fintech and E-Commerce companies started preparations for the … Read more

Miholearn rebrands itself to Miho

Miholearn, which has brought a revolution in the world of Technology-driven Learning, has unveiled a new brand identity. Henceforward, the company will be known as Miho. Along with the change in name, the company has also unveiled a brand new logo. The rebrand comes at a time when the company purposefully shifting its position from … Read more

Crunchbase secures $50M In Series D Funding

Crunchbase, a prospecting platform powered by best-in-class proprietary data, today announced it has secured $50 million in connection with its Series D funding. Alignment Growth led the oversubscribed round, with participation by existing Crunchbase investors including OMERS Ventures, Mayfield Fund, and Emergence. Alex Iosilevich, Partner at Alignment Growth, will also join the Crunchbase board of directors. Crunchbase was … Read more

ForSight Robotics Raises $55 Million in Series A funding

ForSight Robotics, the pioneer in ophthalmic robotic surgery, today announced it completed a $55 million Series A round to advance the world’s first surgical platform for fully robotic cataract surgery: ORYOM. ForSight’s flagship robotic platform will increase accessibility to ophthalmic surgery procedures worldwide and ultimately, transform the future of eye surgery. The Adani Group led the funding round alongside existing … Read more

Builder.ai Reveals The Apps America Can’t Live Without

It’s no secret that we’re living in an increasingly digital world. ‘Screen time’ has all but consumed our workplaces, educational settings and simply put, our free time. According to new research by Builder.ai®, over 27% of Americans claim to have over 30 apps on their phone, but more than half of those admit to using only 10 … Read more

LoanTap announces business collaboration with Muthoot Finance

Digital lending fintech platform, LoanTap, has announced a business collaboration with Muthoot Finance. This co-lending partnership will enhance the reach for Muthoot finance to the millennial audience by leveraging LoanTap’s technology and sourcing strength. Apart from the partnership with Muthoot Finance, LoanTap is already working in collaboration with many other RBI-registered NBFCs in a co-lending … Read more

Acuamark Diagnostics Secures $11.3 Million In Series A Funding

Acuamark Diagnostics, an early cancer detection company, today announced the closing of an $11.3 million Series A round. The round was led by the office of Claudio Del Vecchio and the Del Vecchio Family Foundation, and it was joined by Bruker Corporation as a new investor in AcuamarkDx. Claudio Del Vecchio has joined AcuamarkDx’s Board of Directors. AcuamarkDx is a molecular diagnostics … Read more

Plant-based meat brand Shaka Harry raises seed funding of $2 M

Liberate Foods, a Bengaluru-based plant protein startup with a meat alternative line called Shaka Harry, has received a $ 2 million seed funding round led by Better Bite Ventures, Blue Horizon, and venture debt fund Panthera Peak. Liberate Foods was founded by proven entrepreneurs with prior experience and success scaling businesses in India and around … Read more

Oxford Science Enterprises Raises £250 Million

Oxford Science Enterprises (OSE), the independent investment company created to found, fund and build transformational businesses via its unique partnership with the University of Oxford, today announces it has raised a further £250 million ($300 million) in funding. This brings the total amount raised by OSE to more than £850 million (>$1 billion) since inception in 2015. These funds … Read more

CollegeDekho announces Assured; to address India’s skilling gap in the higher education space

CollegeDekho, India’s largest college admissions and education services platform, has launched CollegeDekho Assured, an online learning platform offering a series of live, interactive courses across multiple streams such as technology and management. The programme aims at upskilling and enhancing the employability of India’s 38.5 mn college students* while also helping those with limited access to an … Read more

F&V supply chain startup Wheelocity raises $12M In Funding

Wheelocity, a F&V supply chain startup that provides fresh produce to quick commerce companies, announced a $12 million Series A funding round on Tuesday. The capital will be used by the Chennai-based startup to develop new farm products, allowing its customer base to grow quickly and driving efficiencies throughout the F&V supply chain. Wheelocity, which … Read more

D2C Startup Mokobara raises $6.5M in Series A funding round

Mokobara, a D2C luggage startup, has raised $6.5 million in a Series A funding round led by Saama Capital and Sauce VC. Mokobara plans to invest the new funds in research and design. It will use the funds to expand into new categories, expand its team, and open experience centres. The Bengaluru-based startup, founded in … Read more