Entrepreneur News Network

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

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

StarClinch Raises INR 1.75 Cr Seed Funding

Artha Venture Fund (AVF), India’s first early-stage micro-VC fund, led a seed round of 1.75 crores in StarClinch today. Nitish Mittersain, the Founder and CEO of Nazara Technologies, also took part in the round. From AVF’s recently closed 225 crores micro-VC fund, StarClinch is the 14th investment and 23rd funding round. StarClinch, which was founded … Read more

Varun Dhawan Turns Investor; Invests In Start-Up Fast&Up

Varun Dhawan, a Bollywood actor, has invested an unknown sum in Fast&Up. He gravitates towards Fast&Up for the quality clean nutrition it makes and provides to people all around the world, as part of a common mission of Health First-India First. This investment came shortly after Fast&Up received $22 million in Series C funding from … Read more

Jupitice raises USD 4 Mn in Pre-Series A

Jupitice, the world’s first Justice Technology (JusTech) firm, has secured $ 4 million in a Pre-Series A investment sponsored by Almas Global Opportunity Fund. Mr Raman Aggarwal founded Jupitice, which has created and constructed the World’s First Next-Generation Justice Technology Platform based on AI, Machine Learning, and Blockchain. The capital was raised in just a … Read more

Ed-Tech startup Dhurina raised USD 1.2 million

Dhurina, a rapidly growing e-learning platform, has acquired USD 1.2 million in a second round of funding led by RVCF and additional investors such as LetsVenture, RBD Publication, India Accelerator, Precision Startup Advisory, and Pai Ventures. The newly invested money will be used for technology advancements, aggressive business growth, company expansion, and expanding the product’s … Read more

Luxury Brand Verandah Raises $1.1M In Seed Funding

Verandah

Verandah, a Mumbai-based line of conscientious luxury resort and swimwear, has raised $1.1 million in a seed fundraising round (about Rs. 8 crores INR). Mike Novogratz (CEO, Galaxy Investment Partners), Neeraj Arora (former CBO, WhatsApp), Lydia Jett (Partner, SoftBank Vision Fund), PDS Venture (PDS Multinational Fashions’ venture tech portfolio), and other prominent financial community members … Read more

Shark Tank India To Invests Rs 5 M In Skincare Start-up CosIQ

CosIQ, a four-month-old start-up aiming to be an intelligent skincare brand, received a seed round of funding of $5 million from Shark Tank India in its fourth episode on December 23rd. Kanika Talwar and her husband are the founders of the four-month-old company. It’s a new molecular skincare company that offers a variety of products … Read more

Fintech Startup Paisagrowth Raises $250K

Paisagrowth

Paisagrowth, a fintech business, announced today that it has acquired $250,000 in initial funding from GSF, a leading startup accelerator, and other investors. Anurag Tiwari, a former Business Development Manager at Loansimple, Aabhas Tripathi, a former top Strategy Executive at Fitso, and Abhishek Sharma, a former Vice President of Engineering at Loansimple, founded the company … Read more

Bangalore based Siply to Double its Head Count in 2022

Siply

Siply, a tech-enabled micro-savings platform today announced that the company is looking to double its head count by 2022 and hire across technology, marketing and operations. Sousthav Chakrabarty, Co-founder & CEO, Siply, says, “Our vision is to be the preferred financial services partner to over 40 crore Indians, who are not yet a part of the formal … Read more

GoKhana, a SaaS Platform for End-to-End Management of Corporate Cafeterias, Has Raised 1.1 Million USD in a Pre-Series A Round

GoKhana, a SaaS platform for End-to-End Management of Corporate Cafeterias, has raised $1.1 million in a pre-Series A round. Founded by Ankur Marda, Ashish Marballi and Hitesh Sarda in 2017, GoKhana digitizes operations of institutional food-courts by introducing efficiencies and making the entire food-ordering process convenient, efficient and contactless. GoKhana is present in 11 cities … Read more

US-based SADA Acquires ByteWave Digital operating from Technopark, Thiruvananthapuram

SADA, a leading business and technology consultancy and Google Cloud Premier Partner based in the USA, today announced its acquisition of Thiruvananthapuram Technopark-based ByteWave Digital, a Google Cloud Partner committed to providing innovative and scalable technology solutions and services to help businesses of all sizes unlock the power of the cloud. ByteWave Digital maintains its global delivery … Read more

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

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

Cycle seller Ninety One raises close to $30 million

According to a press release from the company, Ninty One secured roughly $30 million (Rs 225 crore) in a Series A financing from A91 Partners. The company is valued at around Rs 1,000 crore at this round. Ninety One is a cycle company founded in 2015 by Sachin Chopra, a former managing director of Everstone … Read more

Monster.com raises $18.3M in funding

Platform for online job postings Monster has raised Rs 137.5 crore from Volrado Venture Partners, Meridian Investments, and its parent firm Quess in an investment round valued at close to $100 million. Volrado is led by Enam Holdings’ Akash Bhanshali, while Meridian is TV Mohandas Pai’s investment office. In 2018, Quess bought Monster.com’s operations in … Read more

Minko raises $1.5 million in seed round

Minko, a retail financial platform that provides loan facilities to small Kirana and retail shop owners, has secured $1.5 million in a seed round. LetsVenture Founder and CEO Shanti Mohan and Kunal Shah, Founder of CRED, participated in the round, which was led by LC Nueva AIF, an India-domiciled Category II AIF Fund with LC … Read more

Startup Watch Brand Raises $30k In Less Than Two Days

Galo Watches Founder Zeca Amendola is excited to announce recent fundraising success, as he looks forward to keeping the momentum going into the new year with the launch of a new campaign. During the first campaign, Galo Watches raised a total of AU $46,000 — AU $30,000 of that was raised in less than two days. The … Read more

Tackle.io Secures $100M Series C Funding from Coatue and Andreessen Horowitz

Tackle.io, a software company dedicated to helping software providers generate revenue through the clouds, today announced a $100 million Series C funding round. The round brings the company’s valuation to $1.25 billion and was co-led by Coatue and existing investor Andreessen Horowitz, and included participation from Bessemer Venture Partners. The funding, which comes 9 months … Read more

Teachmint acqui-hires the Indian arm of Singapore-based startup Teachee

Teachmint, an education infrastructure startup and the creator of India’s largest teaching platform, today announced that it has acqui-hired the Indian arm of edtech startup Teachee. Helping educators and creators sell courses online, Teachee was launched in India in October 2020 by Vlight Technology Pte, a Singapore-based company. This comes at the heels of Teachmint’s acquisition of Teachmore, a course-selling platform which enables … Read more

Adloid raises $4 Mn in pre-Series A funding

Adloid

Chiratae Ventures (Formerly IDG Ventures) and Lenskart Vision Fund led a $4 million pre-Series A investment for Adloid, an AR builder platform. Prashant Pitti, co-founder of EaseMyTrip, Seeders, and 100x Entrepreneur have all invested in the fresh round. Adloid is renaming to Metadome with this round, a metaverse that will give no-code infrastructure to virtual … Read more