Entrepreneur News Network

BizPay Secures Seed Funding to Expand Prepaid Card Solution for Small Businesses

In a Seed Round of funding, Bizpay has secured an undisclosed sum, with Inflection Point Ventures taking the lead. The allocation of the funds will see 20% directed towards product development, 60% towards marketing efforts, and the remaining 20% dedicated to other essential purposes. Bizpay presents a prepaid card solution that is seamlessly integrated with … Read more

Vahak acquires Instalogist, a truck booking app

Instalogist, a truck booking app and cargo marketplace platform for long-haul transportation, has been acquired by Bengaluru-based Vahak, a transport community business, for an undisclosed sum. According to Vahak, the acquisition will allow them to grow faster and expand their network, thus enhancing their ability to support the Indian road transportation industry. Through its Truck-&-Load … Read more

850 happy farmers join Akshayakalpa Organic in 2022, aims to reach 1500 by end of 2023

Akshayakalpa Organic, India’s first certified organic dairy manufacturer has added 450 farmers to their existing cluster of 400 farmers in the year 2022. It has been a humble journey for Akshayakalpa since 2010 with the twin objectives of providing nutritious milk and other dairy products to consumers that are produced by financially successful and independent … Read more

We Founder Circle plans to invest in 10 local startups

We Founder Circle (WFC), an early-stage start-up investment platform led by a global community of successful founders and strategic angels, today announced its aggressive startup investment plans for the Andhra-Telangana regions. The platform unveiled its targets – to invest in over 50 startups in the region in the next 5 years and facilitate funding for … Read more

Venture Catalysts leads $2 Mn pre-Series A Funding round in AlgoBulls

AlgoBulls, a fully automated algorithmic trading platform and fixed-income securities distribution network for retail market players, has received a $ 2 Mn investment from Venture Catalysts group, India’s first integrated incubator and a top early-stage investment platform for businesses. In addition to the 160-year-old Indian financial behemoth DSP Group, LetsVenture, Mr. Dishant Milan Parikh of … Read more

Fintech start-up SanKash to hire 500 people in the next 6 months

SanKash, the fastest-growing travel fintech offering financial services to the travel market, today announced its plans to hire 500 professionals in India, over the next six months. All these hirings will be to fuel SanKash’s sales and operations feet on the street capability to cater to its existing travel merchant base of 6000 spread across 250+ cities and increase its ground presence at … Read more

Speakin Raises Pre-Series A Funding

SpeakIn, Asia’s largest digital platform for 1:1 coaching and group learning sessions, has announced a fresh infusion of capital to accelerate its SaaS platform and global expansion. The company recently moved its headquarters to Singapore to effectively address the increasing demand for professional learning in the Asia Pacific region. Having grown 5x YoY in revenues, … Read more

Flash raises $5.8 mn in Seed round from global investors and marquee angels

With the mission to revolutionize the online shopping space globally, Flash, (Flash.co) announced raising $5.8 Million in a Seed round led by global funds like Global Founders Capital (GFC), White Venture Capital (a fund by Jitendra Gupta & Amrish Rau), Zinal Growth, Soma Capital, Emphasis Ventures, Peer Capital, and a host of India’s top angel … Read more

Ayu Health receives additional funding enters Hyderabad market

Ayu Health Hospitals, a fast-growing healthcare start-up with a network of 100+ hospitals across India, today announced its maiden entry into Hyderabad. With the aim of providing healthcare for all, the company will be adding more hospitals to its existing portfolio of 19 hospitals and 1500 beds in the region. Recently, the company secured an … Read more

Hyderabad based HR Tech startup Keka raised USD 57 Mn in Series A funding

Westbridge Capital has invested USD 57 million in the HR-tech startup Keka. According to the Hyderabad-based startup, this is the highest series-A funding in the funding market for software as a service (SaaS). The startup, which was founded in 2016 and provides services to over 5,500 small businesses, was initially bootstrapped. Telugu’s word for fantastic … Read more

IVY Growth Celebrates its 1st Year Anniversary with a whooping 65+ Start-up Investments

IVY Growth a new age organisation who associate with start-ups and start-up founder and collaboratively work towards building a startup ecosystem that is sustainable and scalable, celebrates its 1st Year Anniversary with a whooping 65+ Start-up Investments. With an overall syndicate funding of 12Mn$ from their network of angel investors it has set the tone … Read more

Indian Start-up working on replacement of Diesel Generators by making ESS for Indian conditions

Indian start-up Su-vastika Solar has launched ESS Energy Storage systems of variable capacities ranging from 10 KVA to 250 KVA, which can be put in series to increase the capacity size; for example, five units of 100 KVA can produce 500 KVA size ESS. Similarly, four nos. of 250 KVA capacity can build 1MW of … Read more

CashKaro raises Rs 130 cr in Series C funding

The cashback and coupon platform CashKaro revealed on Thursday that it had successfully raised 130 crore ($15.7 million) in a Series C investment round led by Affle Global Pte. Ltd. Ratan Tata is backed the platform’s operator, Pouring Pounds India Pvt Ltd. This current funding was led to Pouring Pounds UK, the parent business of … Read more

DeepTech EV Solutions company Vecmocon raises $5.2M in Funding

DeepTech EV Solutions company Vecmocon has raised $5.2M in funding from Tiger Global, Blume Ventures and prominent strategic angels. The company is based out of Delhi and had previously raised $300k and was also incubated at IIT Delhi & ISB. Vecmocon aims to utilise this fundraise to invest into team building, business expansion, scaling up … Read more

D2C startup Beco raises $3 million in Series A round

Beco, a Mumbai-based company that makes environmentally friendly personal care products, raised $3 million in a Series A round of funding on September 12, 2022. The round was led by Rukum Capital, Priyavrata Mafatlal, Better Capital, Prashant Pittie, and Titan Capital. Aditya Ruia, Akshay Varma, and Anuj Ruia launched Beco in 2019 with the goal … Read more

Zerund raises USD 1 mn funding

A number of key investors, including Dreamweaver Investments, have raised USD 1 million (about Rs 7.8 crore) for Zerund, a Guwahati-based manufacturer of sustainable bricks. Zerund had also raised Rs 4 crore from investors in 2021, including Villgro Foundation and NEDFi Venture Capital Ltd (NVCL). Zerund has brick manufacturing facilities in Guwahati and Pathsala in … Read more

Organic dairy startup Akshayakalpa Organic raises $15 mn in funding

Akshayakalpa Organic, a startup producing organic dairy products, announced on Thursday that it has raised USD 15 million (about Rs 120 crore) from investors. One of the top manufacturers of organic milk in the nation is Akshayakalpa Organic, which was established by GNS Reddy and Shashi Kumar. Akshayakalpa intends to make significant investments in the … Read more

Anveshan raises $2 mn in pre-series A funding

Anveshan, a D2C healthy food firm, raised $2 million in a pre-Series A funding round from DSG Consumer Partners, Force Ventures, and We Founder Circle. The round also included participation from Rahul Sharma (Zetwerk), Amit Jain and Amit Hooja (Netgraph, Vardhman Group), and numerous other individuals. The funds raised will be used for hiring staff, … Read more

EV charging start-up goEgoNetwork raises $8 million in funding

EV charging infrastructure solutions start-up goEgoNetwork has raised Series A equity funding of USD 8 million (almost Rs 60 Cr). Disrupting the energy and transportation space with its vision to create a robust EV charging network, goEgoNetwork will use the funds in developing and installing the Fast DC Charging Station product line. It will also … Read more