Entrepreneur News Network

DataRails Raises $50M Series B Funding

DataRails, the financial planning and analysis (FP&A) platform for Excel users, announced today that it has raised $50M in Series B funding. The company’s third investment round in the past 12 months, which was led by Qumra Capital, follows a 5x growth in revenue in the past year, positioning DataRails as the market leader in FP&A software … Read more

Travel App Innovator, TRZMO Announces $1.2 Million in Funding

TRZMO announced $1.2 million in funding from private investors and formation of a strategic advisory board to accelerate adoption of its free flagship app. It replaces multiple travel apps with one dashboard to manage flight updates, gate changes, ground transport, loyalty programs and a myriad of travel logistics from duty-free shopping to dining, weather and … Read more

Alpino Health Foods, a Shark Tank Brand, Raises Funds through Revenue Based Financing before its Seed Round

Alpino Health Foods, the brand of healthy breakfast food products, announced today that it has raised an undisclosed amount in a Revenue Based Financing round from patron investors on the Klub platform. A part of this fund will be dedicated to branding, marketing and building the team. Alpino Health Foods is one of the few brands that … Read more

AiFi Raises $65 Million in Series B Funding

AiFi, the most flexible AI platform that enables retailers to affordably deploy and scale autonomous shopping solutions, today announced a $65 million Series B funding round with participation from ALDI South Group, Żabka Group, REWE, Verizon Ventures, and Qualcomm Ventures LLC, among others. The strategic investments from our retail partners reflect a commitment to scale … Read more

Byju’s raises $800 million,Founder Byju Raveendran Invests $400 Million

BYJU’S, the world’s leading edtech company with 150 million learners globally, today announced it has raised $800 million from Sumeru Ventures, Vitruvian Partners and BlackRock. Byju Raveendran, Founder & CEO of BYJU’S, is also part of the funding round and has made a personal investment of $400 million. Byju Raveendran, Founder & CEO, BYJU’S, said, “We continue to deliver accelerated … Read more

Cooby Announces Us$2.9 Million Funding To Re-imagine Sales Engagement For Whatsapp And Line

Taiwan-based conversation management tool Cooby today announced that they have raised US$2.9 million to date led by Sequoia India’s Surge and Pear VC. In a messaging-first world, the tool helps businesses streamline engagement and individuals to organise their customer conversations and boost inbox productivity. Cooby is Surge’s first startup founded and based in Taiwan. With … Read more

Nazara Commits 30 Cr to Griffin Gaming Partners Fund II over next 3 years

Nazara Technologies Limited, an India based, diversified gaming and sports media company and its wholly owned subsidiary Nazara Technologies FZ LLC announced investment in Griffin Gaming Partners (Griffin) Fund II, L.P as a Limited Partner in the Fund. Nazara Dubai is a Limited partner in Griffin Gaming Partners Fund II, L.P for a capital commitment … Read more

No-code automation startup Certa raises $15M in Series A

Certa, a San Francisco-based no-code automation platform for procurement and compliance, received a $15 million Series A investment led by Point72 Ventures with participation from Twitch Founder Justin Kan, Dropbox Co-founder and CEO Drew Houston, Mantis VC, and others on Tuesday. Certa, which was founded in 2015, wants to make it easier and safer for … Read more

Immutable Raises $200 Million To Bring Blockchain Gaming To The Masses

Immutable, which is powering the world of NFTs as the leading carbon-neutral, scalable platform for trading NFTs on Ethereum, today announced it secured $200 million in Series C financing led by Temasek, with investments from leading blockchain game juggernaut Animoca Brands and technology company Tencent, bringing its valuation to $2.5 billion. ParaFi Capital, Princeville Capital, … Read more

Stella Activates $71M in Funding for Women-led Startups

Stella, a San Diego-based organization that equips, champions and funds women-led startups, has reached a momentous milestone by helping to connect women-led startups with $71 million in funding in 2021. Building on this momentum, the organization is broadening its investor network by launching a five-city Oxytocin Tour which kicks off on March 10, 2022 in … Read more

Just Dogs raises $7M in funding from Sixth Sense Ventures

Just Dogs has acquired $7 million in funding from consumer-focused venture fund Sixth Sense Ventures to develop a full-stack internet experience for pet parents. Just Dogs is a pet product and service omnichannel retailer. According to a release, the firm serves 1.5 lakh customers and has 42 locations. The chain is the largest retailer for … Read more

Contributing to Metaverse Revolution in India, Leading Extended Reality Innovator, AjnaLens, Raises Rs 12 Crore

AjnaLens, Mumbai-based XR hardware and software company raised Rs. 12 crore from renowned investors like Lets Venture Angel Fund, JITO Angel Network & few visionary angel investors, in another round of a Pre-Series A. The one-of-its-kind Indian player in the XR space has clocked funding in the past from noteworthy angel investors like Vijay Shekhar … Read more

Calyptia Raises $5M to Bring Open Source Fluent Bit to the Enterprise, Deliver First-Mile Observability

Calyptia, providers of the leading platform for First-Mile Observability, today announced it has closed a seed funding round of $5 million led by Sierra Ventures and Carbide Ventures, with participation from Bill Tai’s ACTAI Ventures and other angel investors. Calpytia Enterprise, based on the wildly popular open source projects Fluent Bit and Fluentd, enables every company to scale and … Read more

IoT/AI solutions start-up, SpaceAge Labs, raises US$1.25 million in seed funding t

“Growing populations, increased urbanisation, rising labour costs, lack of skilled workers, high safety standards and social distancing stipulations – various factors have been coming together resulting in the strong need for remote monitoring and IoT/AI solutions. This is why we set up SpaceAge Labs – to help governments and corporations improve the way they are … Read more

ONE Raises Additional $65M to Expand R&D, Planning US Battery Factory

Our Next Energy, Inc. (ONE), a Michigan-based energy storage technology company, has raised $65M following its $25M Series A that was led by Breakthrough Energy Ventures in October 2021. This new funding round, led by BMW i Ventures, will allow ONE to expand its operations and prepare for increasing demand and customer activity. In addition, … Read more

Whistle Closes on $3.2 Million Seed Funding Round

Whistle, a new generation of employee experience platform, announced today it has raised a $3.2 million seed funding round led by Dundee Venture Capital (VC). Other investors include Chicago-based M25. “Whistle has an experienced team, a clear vision, a plan for growth and the team is executing well – the key elements we look for … Read more

Vymo raises Series C funding to empower remote sales teams

Vymo, an Intelligent Sales Engagement platform for Financial Institutions, has raised $22M in Series C funding round led by Bertelsmann India Investments with existing investors Emergence Capital and Sequoia Capital participating. As part of the financing, BII’s Rohit Sood, will be joining the company’s board. “2021 was a momentous year for us: 20%+ quarterly growth, 142% NRR, zero … Read more

Locofast raises $15M In series A funding

Stellaris Venture Partners and Chiratae Ventures contributed $15 million to Locofast, a fashion supply chain platform. Locofast is a business-to-business (B2B) platform for textile manufacturers and buyers founded in 2019 by serial entrepreneur Deepak and his co-founder Mohit Piplani — with whom he previously worked on his previous startup, WeAreHolidays. Locofast Online Services Pvt Ltd … Read more

Volopay raises $29M in Series A round

Volopay, a Singapore-based corporate cards and expenditure management business, raised $29 million in a Series A financing that included both equity and debt. Volopay has grown at an exponential rate since its inception. The platform’s 150+ member workforce is dispersed across Singapore, Australia, India, Indonesia, and the Philippines, and its clients include Antler, Dathena, CoinDCX, … Read more

BNPL platform Snapmint raises $9M in Series A round

SnapMint, a Mumbai-based fintech firm, announced a $9 million Series A investment led by Prashasta Seth, CEO and CIO of Prudent Investment Managers, on Tuesday. Snapmint, founded in 2017 by IIT Bombay classmates Nalin Agrawal, Anil Gelra, Abhineet Sawa, and Rahul Agarwal, is a BNPL (Buy Now Pay Later) platform that allows Gen Z consumers … Read more