Entrepreneur News Network

Normalyze Announces $22.2M in Series A Funding

Normalyze, a data-first cloud security platform, today announced it is coming out of stealth with $22.2M in Series A funding, co-led by Battery Ventures and Lightspeed Venture Partners. This round brings the company’s total funding to $26.6M to date. Normalyze is an agentless platform that helps organizations better manage sensitive data—and attack paths to it —in today’s complex, multi-cloud environments, protecting customers from large and … Read more

Fintech startup Progcap raises $40M as part of Series C Funding

Progcap, a startup in corporate financing, raised $40 million from investors in its Series C investment. The business had previously received $30 million from Creation Investments and Tiger Global. It raised a total of $70 million during the most recent round, valued at $600 million. The venture, which was established in 2017 by Pallavi and … Read more

Edtech startup Leap raises $75M in Series D round

Leap Scholar, an edtech business with operations in San Francisco, Bengaluru, and Singapore, revealed on Wednesday that it had raised $75 million (Rs 585 crore) in a Series D fundraising round that was primarily led by Owl Ventures. Along with previous investors Jungle Ventures and Sequoia Capital India, new investors Steadview Capital and Paramark Ventures … Read more

Homegrown beauty brand NutriGlow raises series A funding led by investment major G.O.A.T Brand Labs

Leading Indian skincare and cosmetics brand NutriGlow has secured Series A funding from the investment major G.O.A.T Brand Labs. Apart from its own website, with an extensive presence on all e-retail platforms including Amazon, Flipkart and Nykaa, the beauty brand is looking to use the funding for the development of infrastructure, research and development (R&D) … Read more

10-Month-Old MSME Banking Super-App ‘Mewt’ Raises US$4.6 Million In Seed Capital

mewt, a banking super-app for Micro, Small & Medium Enterprises (MSMEs) of India, today announced that it has raised US$4.6 million in a seed funding round. The round was led by global fintech investor Quona Capital, with participation from existing investor BEENEXT, DG Daiwa Ventures, Goodwater Capital, Allin Capital, and a clutch of fintech angels. … Read more

Platform9 closes $26 Million Financing led by Celesta Capital

 Platform9, the Open Distributed Cloud company, today announced that it has closed $26 million financing led by Celesta Capital, with participation from Cota Capital, NGP Capital, and other investors. This financing round comes on the back of three consecutive years of 100% growth in annual recurring revenue (ARR) for SaaS Kubernetes, led by enterprise interest in cloud-native distributed clouds. In … Read more

Intents Mobi Raises $1 Million Funding In Bridge Round Led By Devx Venture Fund

Gurgaon based Intents Mobi, a geospatial intelligence startup, today announced that it has raised $1 Million in a funding round led by DevX Venture Fund. The round also saw participation from other investors like Unnati Labs and multiple marquee strategic angels from Logistics & Mobility sector whose ventures are backed by Tier1 VCs. The company … Read more

Pepper Content raises $14 million for US expansion

Pepper Content, a content marketplace, revealed on June 9 that it has raised $14.3 million in a Series A fundraising round led by Bessemer Venture Partners, as the company wants to expand its position in the US and branch out into additional categories. Pepper Content, founded in 2017 by Anirudh Singla and Rishabh Shekhar, enables … Read more

Pristyn Care acquires Ratan Tata, Tiger Global-backed health-tech platform Lybrate

Pristyn Care, the leading healthcare provider, today announced the acquisition of the health-tech platform Lybrate to bring in synergies on overall healthcare delivery and foray into primary care. In the coming days, the companies will work towards combining the business operations seamlessly. The pandemic has brought about massive shifts in patient behavior, especially most of … Read more

Cloud kitchen startup Curefoods raises $50M in Series C Funding

Curefoods, a cloud kitchen startup, has raised $50 million in funding from Winter Capital, Three State Capital, Chiratae Ventures, and Accel. Iron Pillar, Nordstar, Binny Bansal, Adil Allana, Rashmi Kwatra, Lydia Jett, and Kunal Shah are among the company’s current investors. In 2021 and 2022, the company raised about $120 million in equity and venture … Read more

True Global Ventures Invests US$3 Million into Dedoco

Dedoco secures US$3 million funding from True Global Ventures 4 Plus (TGV4 Plus) Fund to fuel its global expansion. TGV is an early investor of prominent projects such as blockchain unicorns Animoca Brands and Sandbox, as well as the recently listed marketplace trading platform, Forge Global in the US. Dedoco is a next-generation digital DMaaS (Document Management as-a-Service) that … Read more

OMTV raises ₹ 4 Million in seed funding, to scale production of original content

OMTV, the only OTT network to showcase content pertaining to Indian Sanatan culture, today announced that it has secured funding of Rs 4 million. The company shared that it will be using this funding to cover its current operational cost and ramp up the production of original content. Raj Kumar Jalan and Subhash Jalan led … Read more

US-based WSO2 closes $93M Series E round

WSO2, a digital transformation solutions provider based in California, announced on Wednesday that it has closed its Series E growth-stage investment round, which included Redstart Labs as an investor. Redstart Labs contributed $3 million in the Series E round, which closed at $93 million with $90 million from lead investor Goldman Sachs Asset Management Private … Read more

Healthtech app, Fitelo unveils new branding

Fitelo, a weight loss platform, today announced a major re-branding to reflect the organization’s vision of helping people achieve their fitness goals efficiently and holistically. Fitelo’s new logo depicts an amalgamation of two key wellness elements, one depicting mental health and clarity, and the other physical well-being and energy. Together these overlapping forms create a … Read more

Skincare brand RAS Luxury Oils secures $2 mn pre-Series A funding

RAS Premium Oils, the first farm-to-face luxury skincare and personal care business, has received $2 million in pre-Series A funding from Sixth Sense Ventures, a domestic consumer-centric venture fund. RAS, which was founded in 2017 by Shubhika Jain, Suramya Jain, and Sangeeta Jain, has quickly grown into a niche premium D2C business. The company has … Read more

BluSmart Raises $25M In Extended Series A Funding Round

BluSmart, an electric ride-hailing network, has raised $25 million in a follow-up to its Series A fundraising round, which concluded in September 2021. The fundraising round included $15 million in equity and $10 million in venture loan. The equity fundraising round, led by BP Ventures and Green Frontier Capital, included previous investors, while the venture … Read more

SwipeRx secures US$27 Million in Series B Funding

SwipeRx (formerly mClinica Pharmacy Solutions), Southeast Asia’s (SEA) leading platform for pharmacies, announced it has secured a Series B round of US$27 million in equity and debt to accelerate growth across SEA. The round was led by Indonesia’s MDI Ventures, with participation from global investors, Bill & Melinda Gates Foundation, Johnson & Johnson Impact Ventures, SIG and existing investors. Singapore-based mClinica … Read more

Smytten raises Rs 100 Cr in Pre-Series B funding led by Fireside, Roots Ventures

Smytten, a product discovery and trial platform powered by technology, has raised Rs 100 crore in Pre-Series B funding from Fireside Ventures and Roots Ventures. Sharrp Ventures, Waao Partners, Survam Partners, and Sattva Group Family Office also participated in the fundraising round. The company’s valuation, while secret, has doubled as a result of this funding. … Read more

O’2 Nails India raises second funding from Atal Incubation Center – BIMTECH

O’2 Nails, a fast-growing consumer and fashion retail firm specialising in nail care, has acquired $75,000 in funding from Atal Incubation Centre – BIMTECH and other notable investors as part of the Government of India’s Startup India initiative. The Seed Fund Scheme provides capital in the form of debentures. Under their “Gurukul” programme, AIC – … Read more

Student Living startup Adventum raises USD 5 mln

Adventum Student Living (ASL) announced on Monday that it has raised $5 million from investors (about Rs 38 crore). Adventum Student Living (ASL), which launched in 2020, helps students locate housing and education financing through its online platforms UniAcco, UniCreds, and UniScholarz. It also provides different assistance to students seeking higher education abroad. The company … Read more