Entrepreneur News Network

EaseMyAI Raises Rs 1.8 Cr in Seed Round

EaseMyAI raised Rs 1.8 Cr in a Seed round led by Inflection Point Ventures (IPV). Started with an aim to develop innovative products with AI adoption, EaseMyAI emphasizes on creating simple, user-friendly products with drag & drop options to empower businesses to customize their solutions. This approach can help make AI more accessible to businesses … Read more

NFTICALLY Raises $1 Mn in Funding

NFTICALLY, a Web3 ecommerce Martech platform, has raised $1 million in an equity funding round led by Spartan Group and Polygon Ventures. The company will use the funds to expand COMEARTH, the world’s first Gamified Social E-Commerce & Brand Engagement Metaverse ecosystem. Blockchain Founders Capital, Mafatlal family office, and Bollywood producer Subhash Ghai also participated … Read more

Nail Care Startup O’2 Nails India Raises $150K in Seed Funding

O’2 Nails India, a rapidly expanding nail care start-up in India, has received $ 150K in seed funding from Real Time Angle fund and AIC- BIMTECH. O’2 Nails India will be able to increase its presence in the nation’s expanding nail care market thanks to this strategic funding. O’2 Nails India was founded in 2021 … Read more

Semiconductor startup Mindgrove raises $2.35M in seed funding

A seed fundraising round led by Sequoia Capital India, Speciale Invest, and Whiteboard Capital raised $3.35 million for the semiconductor business Mindgrove technology, which was incubated at IIT Madras. Ashwini Asokan (Mad Street Den) and Nischay Goel, two individual investors, also took part in the round (Duro Capital). The deeptech business plans to add personnel … Read more

DataMesh Group raises $30 million in Series A oversubscribed funding round

DataMesh Group, a full-suite developer of interoperable, proprietary payments-processing, has secured $30m in an oversubscribed Series A funding round to execute on large scale domestic opportunities as well as expanding its footprint in the high growth payments processing industry. The round was led by return investor NAB Ventures and featured significant first time capital from Deutsche … Read more

Data Analytics Startup Blockfenders Raises $1.5 Mn in Pre-seed Funding

Blockfenders, a data analytics startup, today announced a $1.5 million pre-seed investment round from a variety of institutional and entrepreneurial investors to address this deadlock and help businesses achieve their objectives. Headquartered in Palo Alto, Blockfenders was co-founded in 2022 by friends of 20 years Viraj Phanse and Niranjan Ingale with the aim of making … Read more

Lavender Announces $13.2 Million in Funding

Lavender, provider of the leading AI-powered sales email coaching platform, today announced it has raised $13.2 million in funding which includes an $11 million Series A that closed just weeks after a $2.2 million seed round. Norwest Venture Partners led the Series A with participation from Signia Venture Partners. Signia led the seed round with participation from CapitalX and Position Ventures. … Read more

Budget 2023: What industry said on new announcements

Finance Minister Nirmala Sitharaman announced a number of new measures for the tech industry. The measures include assisting digital payments in the country, setting up 100 labs for developing 5G applications, and using the PAN as a common identifier for all digital systems of specific government agencies. How tech industry experts and startups responded to … Read more

TBD Health Raises $4.4M Seed Round to Expand its Hybrid Sexual Healthcare Offerings Nationally

TBD Health, a sexual healthcare provider revolutionizing the medical landscape through unparalleled digital and in-person clinical care, today announced a $4.4 million seed round led by Tusk Venture Partners, with participation from Springdale Ventures, Human Ventures, Expansion VC, Starbloom Capital, Hyphen Capital, and The Community Fund along with several strategic angels. With this new financing, TBD Health is expanding … Read more

Globant’s Be Kind Tech Fund Invests in Web3-Based Platform Polemix

Globant, a digitally native company focused on reinventing businesses through innovative technology solutions, announced today that its Be Kind Tech Fund has invested $1 million in Polemix, the first platform to introduce Web3 technology to the world of ideas and opinions. The startup’s mission is to upgrade how people support and oppose opinion leaders, disrupting the echo chambers cultivated by … Read more

Teal Health announces an $8.8M seed round to tackle the important issue of Cervical Cancer

Teal Health announces its seed round, raised to build a women’s health platform focused on solving some of the most pressing issues in women’s health – starting with cervical cancer. Teal Health’s at-home cervical cancer screening includes a novel self-collection device that will make it simple for a woman to collect a cervical cancer screening … Read more

Physics Wallah to hire 2500 employees across verticals

Within the first quarter of 2023, Delhi-based Physics Wallah—which became a unicorn last year—plans to hire 2,500 people in various verticals. The announcement comes as several Indian startups and technology companies are cutting off staff in an effort to cut operational costs and turn a profit. Over 60,000 people lost their jobs in January alone, … Read more

GEF Capital invests ₹500 cr in e-mobility

Private equity company GEF Capital Partners reported investing more than 500 crore in e-mobility firms Electra EV and Hero Motors Ltd. This is a step in the climate-focused investor’s plan to increase its stakes in India’s climate and sustainability potential. With this, GEF has invested eight times over the last four years. Independent EV powertrain … Read more

Telluris Biotech plans to raise $12 million by March end

Telluris Biotech, a Hyderabad-based company engaged in the manufacturing and supply of crop protection solutions for farmers and growers receives Biochemical Classification it received from the United States Environmental Protection Agency (USEPA). The USEPA is the Agency responsible for the registration of safe and sustainable products in the United States of America, informed Mr Venu … Read more

GENLEAP raises Rs 27Cr in a pre-Series A round

The DNA-based self-discovery and career life cycle management platform from India GENLEAP has announced the successful conclusion of its pre-Series A funding of 27 crores ($3.3 million). The fundraise includes several existing investors, including Mike Holland (former CEO of Embassy REIT), Sanjay Dutt (CEO & MD, Tata Realty and infrastructure), Neeraj Bansal(Co-Head and COO – … Read more

Pegasus Tech Ventures Launches US $100 Million Fund with Denka

Pegasus Tech Ventures, a global venture capital firm that is headquartered in the Silicon Valley and dedicated to supporting corporate innovation, has established a $100 million corporate venture capital fund with Denka Company Limited, a major Japanese chemicals, materials science, and life science company. The new fund marks the entry of the 107 year-old chemical … Read more

Suppli Raises $3.1 Mn Seed Funding Led by Equal Ventures

Suppli, the digital accounts receivable platform that enables construction suppliers to turn their credit department into a competitive advantage, today announced it has raised $3.1 million in seed funding. Equal Ventures led the round, with additional participation from Audacious Ventures, Dash Fund, Chase Gilbert (CEO of Built Technologies) and Ali Javid (CEO of Wrapbook). While over $500 billion of construction materials are sold … Read more

Studio Sirah Raises $2.6 Mn in Pre-Series A Round

Studio Sirah, a next-gen game studio that builds unique Indian-themed games, announced today that it raised $2.6 million in a Pre-series A round led by Kalaari Capital (an early-stage, technology-focused VC firm), and its seed investor, Lumikai (India’s pioneering gaming, and interactive media focused VC fund). The company plans to utilise the funds to globally … Read more

SphereOne Raises $2.5M to Build Crypto for Grandmas

SphereOne, a crypto payment platform that allows users to make purchases with any cryptocurrency, across any blockchain, today announced that they’ve closed a $2.5M seed round led by Distributed Global and participation by Newark Venture Partners, Zero Knowledge, as well as angel investors Leore Avidar of Alt.xyz and Lob.com and Eric Feldman of Bolt.com. The SphereOne platform prioritizes immediacy in transactions and features include a 1-click … Read more

Architect Announces $5M Funding Round to Develop Trading Infrastructure

Architect Financial Technologies Inc. today announced the closing of a $5M pre-product financing round to develop adaptable infrastructure products that enable institutions to trade across centralized and decentralized digital asset markets. Participants in the round include Circle Ventures, Coinbase Ventures, SV Angel, SALT Fund, P2P, Third Kind Venture Capital, and Motivate Venture Capital, along with … Read more