Entreprenuernewsnetwork

Facebook Twitter Instagram Linkedin
Menu
Menu
Menu

funding

Toku Closes USD 5 Million Series A Extension and Appoints Former Singapore Minister Lim Hwee Hua as Advisory Board Chair

by

Toku, a leading provider of enterprise cloud communications and customer experience solutions in the Asia-Pacific region, has announced the successful completion of a $5 million Series A Extension funding round. Led by Betatron Venture Group, the round also saw participation from the Hong Kong Innovation and Technology Venture Fund (ITVF) and other strategic investors. This … Read more

Blitz Raises ₹51 Crore in Series A Funding to Revolutionize Quick Commerce Logistics

by

Blitz, a leading quick commerce (q-com) logistics enabler, has raised ₹51 crore in a Series A funding round led by IvyCap Ventures. The round also saw participation from India Quotient, Alteria Capital, and renowned angel investors, including: Ramesh Bafna (Zepto) Siddharth Jain (Snitch) Vinit Gautam (Bestseller CEO) Amitabh Suri (CEO, Arvind Fashion) This funding will … Read more

PeLocal Raises $2 Million in Seed Funding to Expand WhatsApp Payment Solutions and Accelerate Growth

by

PeLocal, a Chennai-based payment solutions provider on WhatsApp, has successfully raised $2 million in seed funding, led by Unicorn India Ventures. This funding will be used to enhance and expand the platform, as well as to accelerate go-to-market strategies for the rollout of large-scale projects. Over the past year, PeLocal has experienced significant growth, increasing … Read more

ThoroughCare Secures $5 Million in Series A Funding from Empactful Capital

by

ThoroughCare, a leader in care coordination solutions, has successfully closed its $5 million Series A funding round, led by Empactful Capital. This investment will support ThoroughCare’s continued focus on product development, strategic account management, and expansion into new markets. The funding marks a major milestone for the company as it continues its mission to simplify … Read more

B Capital named Timur Akazhanov as General Partner

by

B Capital, a global multi-stage investment firm, today announced the appointment of Timur Akazhanov as General Partner. Mr. Akazhanov will focus on strategic growth equity investments in technology and tech-enabled services companies, leveraging B Capital’s capabilities in scaling and globalizing the next generation of cutting-edge businesses. He will focus on opportunities where B Capital can … Read more

HealthKart Raises $153 Million in Secondary Funding, Announces First Employee ESOP Buyback

by

HealthKart, the parent company of popular nutrition and fitness brands MuscleBlaze and HKVitals, has successfully raised $153 million in a secondary funding round. The round was led by ChrysCapital and Motilal Oswal Alternates, with participation from Neo Group and existing investor A91 Partners. Avendus Capital acted as the exclusive financial advisor for this transaction. In … Read more

Plantible Foods Closes $30 Million Series B Funding

by

Plantible Foods, a technology company unlocking the power of plants to promote the health and longevity of people and the planet, today announced the closing of a $30 million Series B funding round. The round was co-led by Piva Capital and Siddhi Capital, with participation from new investors Betagro Ventures, Cultivate Next (the venture arm of Chipotle Mexican Grill), Nourish Ventures (the … Read more

Vecmocon Technologies Raises $10 Million in Series A Round to Drive EV Innovation

by

Delhi-based vehicle intelligence startup Vecmocon Technologies has successfully secured $10 million in the first phase of its Series A funding round. The round, led by Ecosystem Integrity Fund (EIF), saw participation from Blume Ventures and British International Investment (BII). This new investment follows a $5.2 million pre-Series A round in October 2022, in which Tiger … Read more

Hemisphere Ventures Expands into Southeast Asia with New Singapore Office

by

Hemisphere Ventures, a U.S.-based venture capital and consulting firm known for its early-stage investments in space, cybersecurity, biotech, nanotech, drones, robotics, and other frontier technologies, today announces the opening of a new office in Singapore, marking its first expansion into Southeast Asia. Established in 2014, Hemisphere built an outstanding portfolio of U.S. frontier technology investments, … Read more

DesignX Secures $1 Million Pre-Series A Funding to Drive Hyper-Automation in Manufacturing

by

DesignX, a startup focused on digital transformation in the manufacturing sector, has successfully raised $1 million in pre-Series A funding from Piper Serica Angel Fund. This new investment follows a $300,000 equity round in 2021, backed by Modular Capital, Accel, and industry veterans. Founded by engineers Rajat Srivastava and Nishant Srivastava, DesignX is on a … Read more

Neysa Secures $30 Million in Series A Funding to Accelerate AI Innovation

by

Neysa, a pioneering AI Acceleration Cloud System provider, has successfully raised $30 million in Series A funding, co-led by existing investors NTTVC, Z47 (formerly Matrix Partners India), and Nexus Venture Partners. This latest investment follows Neysa’s earlier $20 million seed round this year, showcasing strong investor confidence in its mission to accelerate generative AI innovation … Read more

Atomic Capital Invests INR 12 Cr in Conscious Chemist

by

Conscious Chemist, a fast-emerging player in India’s Beauty and Personal Care (BPC) industry, has successfully raised INR 12 Cr. in funding from Atomic Capital. In conjunction with the investment, the brand has appointed Apoorv Gautam, Atomic Capital’s Founder and Managing Partner, to its board of directors. Revolutionizing India’s Beauty and Personal Care Market Committed to … Read more

Happiest Health Acquires The Fuller Life’s B2B Wellness Business

by

Happiest Health announced the appointment of Arvind Krishnan to lead its Wellness Division as its President & CEO. This comes along with Happiest Health acquiring The Fuller Life to expand its corporate wellness offerings. This business will be available to customers under the HappiZest brand name. This acquisition will help Happiest Health strengthen its offerings … Read more

PickMyWork Secures Funding for Financial Inclusion in Tier 2 & 3 Cities

by

PickMyWork, a leading platform leveraging gig workers to improve the reach of financial services, has announced the successful completion of its latest funding round. The funding will be used to accelerate the company’s mission to enhance financial services penetration in India’s tier 2 and tier 3 cities. The investment round saw participation from prominent investors, … Read more

Hamdard invests in SIG’s aseptic carton technology

by

Hamdard Laboratories India (Food division), a company known for its health and wellness products and beverages, has partnered with SIG to leverage its advanced aseptic carton packaging and filling solutions. The fast and flexible filling technology from SIG will help Hamdard meet the evolving consumer needs when it comes to affordability, the right size, long-lasting … Read more

Libas secures Rs 150 crore from IAF Series 5, a fund managed by ICICI Venture

by

Libas has successfully closed its first external funding round, with an investment of Rupees 150 crore by IAF Series 5, a fund managed by ICICI Venture. Libas has fast-tracked its growth to become a leading force in the online fashion segment, captivating customers with its dynamic product range and innovative digital touchpoints. The latest funding … Read more