Entreprenuernewsnetwork

Facebook Twitter Instagram Linkedin
Menu
Menu
Menu

Media

Rhaeos, Inc. Raises $2.2 Million in Oversubscribed Seed Round

by
Rhaeos

Rhaeos, Inc., a private, clinical stage medical device company developing a platform wireless and non-invasive wearable sensor initially targeting the neurosurgical suite, today announced the successful closing of its oversubscribed $2.2 million seed financing. The round, which brings a total of over $8 million in dilutive and non-dilutive financing to date, includes participation from Creative Ventures, Portal Innovations, Lateral … Read more

Spinny Ramps Up Hiring, In Line With Its Expansionary Focus

by
Spinny

Spinny – the pioneering full-stack used car retailing platform – is now 4000+ team members strong. The company also aims to increase their workforce by 5000+ employees by the end of 2022 as it expands deeper into the Indian market. The company is a benchmark in contactless and completely digital transactions where the complete full-stack … Read more

Unbox Robotics Raises $7 Million In Series-a From 3one4 Capital and Others

by
unbox-800x400

Unbox Robotics, a leading supply chain robotics technology company, raised $7 million in a Series-A round led by 3one4 Capital with participation from Sixth Sense Ventures and Redstart Labs (Info Edge). The round also saw participation from Unbox Robotics’ founders Pramod Ghadge, Shahid Memon and its CPO Rohit Pitale, alongside its existing investors – US-based … Read more

BYJU’S named Himanshu Bajaj as Head of Business – BYJU’S Learning Centre

by
Himanshu Bajaj

Himanshu Bajaj has been named Head of Business at BYJU’S Learning Centre, the world’s biggest edtech startup and inventor of India’s most popular school learning app. Himanshu’s responsibilities will include overseeing the growth and extension of BYJU’S Learning Centre, as well as providing strategic business growth and thought leadership direction for the brand and company. … Read more

Salesforce Startup Program Launched in India

by

Salesforce, the global leader in CRM, today announced the launch of its new Salesforce Startup Program in India, designed to enable startups to innovate, augment customer connections and scale their ventures to the next level. This program, debuting in India, is uniquely designed to provide disruptive startups with access to Salesforce technology, experts, ecosystems, as well as business … Read more

Logistics automation startup Unbox Robotics raises $7M in Series A funding

by

Unbox Robotics, a supply chain robotics technology firm based in Pune, has secured $7 million in a Series A round led by 3one4 Capital and including Sixth Sense Ventures and Redstart Labs (Info Edge). The current round of investment brings the total amount raised to $9.1 million. Through trials and pilots, the firm has already … Read more

CARS24 raises $400M funding

by
Cars24

Pre-owned vehicle ecommerce platform Cars24 has raised $400 million in finance, which includes a $300 million Series G equity round and a $100 million debt round from a variety of financial institutions. Return investor Alpha Wave Global (previously known as Falcon Edge Capital) led the Series G equity financing, which included participation from other existing … Read more

Depixus Raises EUR 30.6M (USD 35.4M) in Series A Financing

by

Depixus®, a biotechnology company developing a unique technology for the fast, accurate, and straightforward extraction of multiomic information from DNA, RNA, and proteins, today announces it has raised EUR 30.6 million in an oversubscribed Series A financing. The funds will be used to further develop its proprietary MAGNA™ instrument system, workflows, and reagents towards commercial launch. The round was co-led by … Read more

E-commerce platform Evenflow raises pre-Series A funding

by

Evenflow, an e-commerce roll-up platform, has received an unknown amount of money from Village Global, Venture Catalysts, and 9Unicorns in a pre-Series A round. Emil Michael, Anand Chandrasekaran, Vijay Shekhar Sharma, Kunal Shah, and MageHold, among others, were among the angel investors who took part in the round. The new money will be used to … Read more

Mio Raises $8.7 Million From Zoom And Cisco Investments For Chat Interoperability

by

Mio, the leading provider of chat interoperability, today announced its Series A financing round of $8.7 million, led by Zoom Video Communications, Inc. and Cisco Investments. Mio will use the funds to enhance its messaging interoperability service for enterprise customers. Users of team collaboration apps like Zoom Chat, Microsoft Teams, Slack, and Webex by Cisco can use Mio … Read more

Shiprocket inks an agreement for USD 185 million in Series E funding

by

Shiprocket, a logistics start-up, has signed definitive agreements to raise USD 185 million (INR 1,380 crore) in a Series E fundraising round led by Zomato Ltd, Temasek, and Lightrock India. On this transaction, Avendus Capital served as Shiprocket’s only financial advisor. The newly raised funds will aid the company in furthering its aim to democratise … Read more

Discovery, Inc. acquires Assets of Ad-Tech Company ZEDO

by

Discovery, Inc., the world’s leading provider of live entertainment, announced today that it has acquired the assets, technology, and intellectual property of ZEDO, an advertising technology firm with offices in the United States and India. The acquisition will bring ZEDO’s technology in-house, allowing Discovery’s ad solutions to innovate more quickly. This acquisition adds significant ad … Read more

Indian Economy Holds USD 1.1 Trillion Digital Asset Opportunity by 2032: CrossTower and USISPF Report

by

CrossTower, one of the world’s fastest and leading crypto and digital asset exchanges in partnership with US-India Strategic Partnership Forum (USISPF) released its research report on “India’s USD 1.1 trillion Digital Asset Opportunity”. The report highlights India as having the potential to add USD 1.1 trillion of economic growth to its GDP by 2032. It … Read more

CyCognito Secures $100M to Accelerate Next Evolution of Attack Surface Management

by

CyCognito today announced it has raised a $100 million Series C funding round led by The Westly Group—just 3.5 years after the company was founded in 2017. New investors Thomvest Ventures and The Heritage Group joined the round alongside existing investors Accel, Lightspeed Venture Partners, Sorenson Ventures and UpWest. This new financing round brings the … Read more

Slice-backer 8i Ventures raises $50M in Fund II

by

8i Ventures, based in Mumbai, has secured $50 million for its Fund II, with the goal of investing in fintech firms since the creator believes that “every customer friction point in finance and consumer represents a billion-dollar startup opportunity.” In 2020, the early-stage investment firm will raise its first fund of $13 million. 8i Ventures, … Read more

Leading Crypto Payments Infrastructure Provider, MoonPay, Closes $555 Million Funding

by
Moonpay

Leading crypto payments infrastructure provider, Moonpay just closed a $555 million Series A financing to rapidly accelerate its global footprint, invest in its world-class team, and underwrite an expanding number of innovations in the crypto economy. The funding, which has sent the crypto start-ups’ valuation to $3.4 billion marks yet another massive funding in the … Read more