Entreprenuernewsnetwork

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

Women-Focussed Fitness Firm SocialBoat Raises Funds

SocialBoat, a women’s health app, has announced raising an angel round of US$ 200K from Plan B Capital. Other angel investors who have committed to the venture include Abhijit Kane (Co-founder, Postman), Videt Jaiswal (Co-founder, Airblack), Bhuvan Gupta (Co-founder, OfBusiness) and Prateek Sharma (Managing Partner, AheadVC), Neeraj Gupta (Angel Investor) among others. The funds will … Read more

pieFi Raises $4.6 Million, Launches Upside.coop

pieFi, Inc. is pleased to announce the launch of Upside.coop, a revolutionary platform that gives companies the tools they need to achieve a new level of authentic connection with their customers and fans — by sharing real ownership. Brands need a better way to maintain retention and growth, especially during economic uncertainty. Brands can use … Read more

Wakefit.co raises INR 320 Crores in Series D funding led by Investcorp

Wakefit.co, India’s largest D2C home and sleep solutions company, today announced its Series D round of funding of INR 320 crore (~$40 million) Investcorp, a leading manager of alternative investment products with a 40+ year track record, led the funding round. All existing investors, Sequoia Capital India, Verlinvest, SIG, also participated in a show of … Read more

D2C Furniture Brand Boingg Raises Rs 2.2 Cr In Pre Series A Funding

Furniture company Boingg, which focuses on D2C sales to children, has secured INR 2 Cr in a Pre Series A round that was spearheaded by Inflection Point Ventures, one of India’s biggest angel investing platforms. The money raised will be used for licencing, equipment expansion, and corporate branding. With the opening of a physical store … Read more

SaaS Startup for Laundry Industry Turns Raises $500K Pre-Seed Round

Turns, a vertical SaaS firm for the laundry sector, has secured $500K in pre-seed funding from Better Capital, PointOne Capital, and a group of outstanding angel investors. With a full stack software & hardware integrated solution that includes a contemporary POS, customer management, easy payments, accounting, employee management, logistics optimization, and compliance, Turns assists launderettes … Read more

Healthcare AI Firm Qritive Raises $7.5M Funding

Qritive, a leading healthcare AI firm, has announced a $7.5M investment round headed by MassMutual Ventures and supported by SEEDS Capital and Exfinty Venture Partners. Qritive will use the new funds to expand geographically, increase its product portfolio, and assist regulatory clearances. Qritive, which was founded in 2017 by Dr Aneesh Sathe and Dr Kaveh … Read more