RadioMedix, Inc. a clinical-stage biotechnology company announced an agreement with an entity related to Portland Investment Counsel Inc. (“Portland”) involving an equity investment of $40 million Series A funding round. RadioMedix is committed to the advancement of a targeted alpha therapy (TAT) pipeline and diagnostic companion radiopharmaceuticals for rare and aggressive cancers. The proceeds of … Read more
Agility Ventures Partners and Lotus Herbals Pvt Ltd led a $2 million pre-Series A fundraising on Friday, according to Vanity Wagon, a clean beauty marketplace. With further funding from Venture Catalysts, Inflection Point Ventures, and a few high-net-worth individuals (HNIs), the Delhi-based cosmetics company’s valuation increased to $8 million. Vanity Wagon is to use these … Read more
SifatSayal, a 17-year-old student of Modern School, Vasant Vihar, has launched TeensTogethr, a mental wellness app curated and created for the teenagers of today. The app is available on the Google Play Store as well as Apple App Store. Sifat Sayal said “I have been very concerned and affected by the mental challenges my friends … Read more
Preimage, a cloud-based 3D reconstruction tool, has announced that it has raised USD 1.7 million in a seed round from eminent angel investors including pi Ventures, Better Capital, Java Capital, and others. Preimage’s AI-first technology builds lifelike 3D digital clones of settings and assets using pictures as input. Preimage, a company founded by IIT graduates … Read more
Immortal Game, a company launching a web3 chess platform and marketplace, announces the successful raise of its USD 12 million Series A round. Led by TCG crypto, the round includes several other leading tech and entertainment VC specialists – Cassius, Greenfield One, Sparkle Ventures (supported by the Sandbox Founders and Animoca Brands) Kevin Durant and … Read more
The investment commitment from GEM will allow SoMee to propel significant growth while allowing the company to fuel liquidity into its Hive-backed $SME token that users earn and trade via the SoMee.Social network. Since SoMee’s platform utilizes blockchain technology, people using the platform see USD earnings shown on each post that are based on the … Read more
Cadbury Gems has announced the launch of its first ever NFTs (non-fungible tokens) through the latest Junior NFT campaign. From launching the successful online Cadbury Gems birthday party with Youtube sensations Aayu- Pihu, to, introducing the Cadbury PlayPad, an augmented reality gaming experience to make learning fun, the brand continues to leap into the world … Read more
Gurusiksha, a platform where education and technology come together to create a hybrid learning system, recently announced that they have acquired their first investment round of Rs 50 lakhs in a pre-series round from angel investors. They also said that they are planning another Series A funding round later in the year since their next … Read more
Two family offices, Explorer Investments and Didendum, led the $2.1 million investment round into Okra Solar, alongside Schneider Electric Energy Access & Autodesk Foundation. SDGx, a private UN Sustainable Development Goals (SDGs) technology fund and advisory group, which invests exclusively in companies that can potentially reduce or remove 500MT of greenhouse gas emissions per year within the next decade, also invested. Okra Solar’s proprietary hardware … Read more
Mafe Mobiles, one of the oldest home-grown Mobile phone brands in India is reckoning big on Indian Smart Phone business. The company has roped in Chiranjib Sarkar as Business Head. At Mafe Mobiles, Sarkar’s role will be to handle end to end operations, grow the overall business including brand presence among offline, online and distribution … Read more
Switzerland hosted a never-before-seen, extraordinary feat that brought together 82 women of influence from across 25 countries to add a new female chapter to the history of what is still an overwhelmingly male-dominated sport! The ladies came together and successfully created a new world record for – ‘The Longest Women’s Rope Team’ on the 4164 … Read more
FlexiLoans, an online lending platform for small businesses, has secured $90 million in a Series B funding round that includes a mix of equity and debt. MAJ Invest of Denmark led the $28 million equity round, while Fasanara Capital of the United Kingdom led portions of the equity and debt rounds. FlexiLoans is a digital … Read more
Simplilearn, the world’s #1 online bootcamp for digital economy skills, today announced the addition of Mohit Yadav as Vice President – Growth, and Sujoy Ghosh as Vice President – Product to the company’s leadership team. Simplilearn has consistently demonstrated profitability and increased its workforce from 1400 to around 2200 in the past year. With the … Read more
NAKAD, a supply-chain-focused finance firm, announced on Wednesday that it has secured $7 million in a seed round led by Accel and Matrix Partners India, with AdvantEdge Founders participating. The Delhi-based firm, which provides working finance to India’s supply chain micro, small, and medium enterprises (MSME), said it will utilise the funding to expand its … Read more
According to a regulatory filing on Thursday, DoorDash Inc. has authorised the buyback of up to $400 million in shares. In its filing, DoorDash DASH, -1.08 percent stated that the move is being made to counter dilution from its employee stock-compensation scheme. During the coronavirus pandemic, the delivery-app platform, which went public in 2020, reported … Read more
Revoh Innovations Private Ltd., an IIT-Madras-incubated Electric Vehicle sub-component manufacturing firm, has raised $150,000 in a Seed round from Angel Investors Vel Kanniappan and Ravi Renganathan. Revoh was founded a few years ago by a group of Electronics Engineering graduates with the primary purpose of localising the manufacturing of electric vehicle sub-components and eventually reducing … Read more
