Entreprenuernewsnetwork

Shop Circle Exits Stealth Mode With $65 Million in Funding

Shop Circle, a technology-driven company that operates e-commerce software, today announced it has raised $65 million in funding. The financing was led by NFX and QED Investors, with participation from 645 Ventures, FirstMinute Capital and Triple Point Capital. Shop Circle, co-founded last year by Luca Cartechini and Gian Maria Gramondi, is officially coming out of stealth mode and will use the funds to help the company scale … Read more

Esports startup FanClash raises $40M in Series B Funding

FanClash, a Bengaluru-based esports startup, has acquired $40 million in Series B funding to help it achieve its goal of creating a worldwide esports fantasy, data, and fan engagement platform. The current fund raise was co-led by existing investors Sequoia Capital India, Falcon Edge, and Info Edge India, as well as Matic Networks (Polygon). FanClash … Read more

Geno and Unilever launch $120m venture to scale alternative to palm oil and fossil fuels

Genomatica (Geno), a leader in biotech and sustainability and Unilever have launched a venture to scale and commercialize alternatives to palm oil and fossil fuel-derived cleansing ingredients. These are integral to the formulations of thousands of everyday cleaning and personal care products. With growing demand for sustainably-sourced palm oil, this venture aims to deliver additional … Read more

Edtech Venture, Toprankers Raises $4m In Series A Funding

Bootstrapped Edtech venture, Toprankers.com – India’s largest platform for careers beyond engineering and medical, has raised $4M in Series A funding from leading consumer fund, Sixth Sense Ventures. Within India’s ed-tech sector, the $12B online test-prep space is the fastest growing at a 38% CAGR, set to quadruple to $4B by 2025 with over 5M+ … Read more

Intents Mobi Raises $1 Million Funding In Bridge Round Led By Devx Venture Fund

Gurgaon based Intents Mobi, a geospatial intelligence startup, today announced that it has raised $1 Million in a funding round led by DevX Venture Fund. The round also saw participation from other investors like Unnati Labs and multiple marquee strategic angels from Logistics & Mobility sector whose ventures are backed by Tier1 VCs. The company … Read more

Lending company Kissht raises $80 Mn in Funding

Kissht, a consumer financing platform, raised $80 million in a new round headed by Vertex Growth and the Brunei Investment Agency. The financing included existing investors Vertex Ventures SEA India and Endiya Partners. \ Kissht was founded in 2015 to give new to credit customers with a quick line of credit for small business transactions … Read more

Dubverse.ai Raises USD 800K from Kalaari Capital and Others in Seed Funding

Dubverse.ai, an AI-powered SaaS video content dubbing and creation platform has raised USD 800K in seed funding led by global funds including Kalaari Capital. Founded in 2021 by Varshul CW and Anuja Dhawan, Dubverse is the first-ever platform which supports end-to-end dubbing and produces ready-to-publish videos in real-time. The self-service platform allows full control to … Read more

Upgrad To Hire 3,000 People In 3 Months, Will be Securing Fresh Funding

upGrad is looking to add nearly 3,000 people in the next three months and is close to securing a fresh funding. According to estimates, the company reached a $1 billion valuation in a funding round last year. According to Ronnie Screwvala, the corporation will hire between 6,500 and 7,000 people by August of this year. … Read more

Slice raises $50 Mn in a new round led by Tiger Global

Slice, a fintech business, announced on Wednesday that it has secured $50 million in a larger series C round led by Tiger Global, which it will use to expand its new unified payments interface (UPI) platform. Moore Strategic Ventures and Insight Partners, as well as a new investor, GMO VenturePartners, participated in the newest investment … Read more

JITO Angel Network backs observability platform KloudMate in pre-Seed round

In a pre-seed fundraising round, ITO Angel Network (JAN), India’s only global community-based Angel network, funded an undisclosed amount in observability platform KloudMate, continuing with its vow to help India’s start-up ecosystem from the very early stages of its development. Amitava Saha, Pranab Buragohain, and Bidyut Baruah founded KloudMate, a deep tech platform that discovers … Read more

Singapore’s NextBillion.ai raises $21M Series B funding

NextBillion.ai, a Singapore-based spatial data and mapping platform for businesses, announced on Monday that it has secured $21 million in a series B round headed by Mirae Asset Venture Investments. The round included existing investors Lightspeed, M12 (Microsoft’s Venture Fund), and Alphawave, bringing the total money raised since 2020 to $34 million, according to NextBillion.ai. … 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

Smplrspace Secures Pre-seed Fundraise of US$600,000

Smplrspace Pte Ltd (Smplrspace), the floor plan platform for app builders, announced today the closing of a pre-seed fundraise of US$600,000 that includes angel investors such as Sam Marks (Coworker) and an AngelCentral syndicate led by Sam Gibb (Resolution Ventures) with participation from Shao Ning Huang (Chief Angel, Angelcentral). “Smplrspace critically augments and fits the … Read more

Fintech Startup equipifi Raises $12 Million to Power Financial Institutions with Buy Now, Pay Later

equipifi, a fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, completed a $12 million Series A funding round. The investment, led by Curql Collective via Curql Fund and PHX Ventures, will enable equipifi to provide financial institutions with BNPL capabilities available through their existing debit cards … 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

Chess Academy HobSpace Bags $4.5 Mn In Pre-Series A Funding

Mankekar Family Office, Artha Venture Fund, Siddharth Shah, and API Holdings’ Dharmil Sheth, among others, led a $4.5 million pre-Series A fundraising round for Mumbai-based chess institution HobSpace. The money will be used to expand internationally and speed up product development. HobSpace will also put the money on technology to improve the students’ entire experience. … Read more