Entrepreneur News Network

SHIELD expands global footprint to India; launches engineering hub in Bengaluru

SHIELD, the world’s leading risk intelligence company, today officially announced its expansion into India, the fastest growing mobile market worldwide. The move follows successful partnerships with ShareChat, MOJ, and Carandbike, and marks the company’s continued focus on growing its network of clientele across India. SHIELD aims to continue its mission to help digital businesses globally … Read more

Frost & Sullivan & Vizru Sign Multi-year Strategic Partnership to Enable Technology-driven Enterprise Growth

Frost & Sullivan has entered into a strategic partnership with Vizru to revolutionize technology transformation for enterprises and accelerate growth for its customers. “Large enterprises have built significant assets over decades in the form of customers, data, contracts, supply chain ecosystems, products, and services,” explained Ramesh Mahalingam, CEO of Vizru. “However, they are struggling to monetize … Read more

Cloud-Based Storage App DigiLocker Crosses 100 Million Users

DigiLocker, a software that allows users to digitise and save a copy of over 560 different Indian documents, including government-issued ID cards, has reached 100 million users. The app is the Centre’s initiative to build a paperless government environment, which was conceived roughly six years ago by India’s Ministry of Electronics and IT. DigiLocker aims … Read more

Startek Appoints Global CFO and Global CIO

Startek, a global customer experience (CX) solutions provider, today announced the appointment of Nishit Shah as Global Chief Financial Officer and Jayanta Lahiri as Global Chief Information Officer. Shah and Lahiri report directly to Global CEO Bharat Rao. “I am delighted to have joined the Startek team,” said Shah. “The global Startek footprint and investment in digital-first CX capabilities … Read more

Compliance automation startup Sprinto raises $10M led by Elevation Capital

Sprinto, a Bengaluru-based software-as-a-service (SaaS) compliance automation platform, revealed on Wednesday that it had raised $10 million in Series A funding headed by Elevation Capital with participation from Accel and Blume Ventures. Sprinto, which went public in mid-2021, assists SaaS companies in obtaining compliances like SOC 2, ISO27001, GDPR, HIPAA, and others in a quick … Read more

FedEx and Microsoft announce new cross-platform logistics solution for e-commerce

FedEx Corp. (NYSE: FDX) and Microsoft Corp. (Nasdaq: MSFT) announced the next solution as part of their multiyear collaboration to transform commerce, supply chains and logistics. FedEx and Microsoft will bring together FedEx network intelligence with capabilities from Microsoft Dynamics 365 to introduce a cross-platform “logistics as a service” for retailers, merchants and brands. The companies … Read more

SaaS Labs Raises USD 42 Mn Led By Sequoia Capital

SaaS Labs, a company that creates business automation tools for sales and support teams all around the world, has secured USD 42 million (about Rs 312 crore) in a round headed by Sequoia Capital India. Existing investors Base 10 Partners and Eight Roads Ventures also participated in the Series B fundraising round, according to the … Read more

Mercer | Mettl appoints Amit Pal Singh as CTO

Mercer|Mettl, the global leader in talent acquisition and management, has appointed Amit Pal Singh as CTO to lead its technology and engineering functions. Amit will drive organization’s technological vision to support Mercer|Mettl’s growth journey in the coming years. As the Chief Technology Officer, Amit will be working closely with business, product, and operations to align technology with … Read more

Tech Mahindra and Nokia Collaborate to Drive Enterprise 5G Private Wireless Adoption Globally

Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services & solutions, today announced a collaboration with Nokia, to drive 5G private wireless adoption globally. The collaboration will further strengthen the already standing relationship between Tech Mahindra and Nokia. Tech Mahindra will leverage Nokia’s private wireless DAC solution for customers across industries … Read more

MeitY and NCIIPC Supports the Third Edition of the Global CyberPeace Challenge 3.0

Global cyberpeace Challenge

The Global CyberPeace Challenge getsbigger and better. Organized jointly by CyberPeace Foundation & Autobot Infosec and supported by Ministry of Electronics and Information Technology (MeitY), Government of India; Office of the Principal Scientific Advisor, Government of India; Cybersecurity Center of Excellence (DSCI-Government of Telangana); National Critical Information Infrastructure Protection Centre (NCIIPC), Government of India along with others. Global CyberPeace Challenge 3.0 … Read more

Spinny Ramps Up Hiring, In Line With Its Expansionary Focus

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

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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

Salesforce Startup Program Launched in India

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

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

US-based DroneBase acquires Bengaluru-based AirProbe

AirProbe, a Bengaluru-based firm that employs artificial intelligence (AI) for solar system inspections, was bought by DroneBase, a U.S. intelligent aerial imaging company, for an undisclosed sum last week. AirProbe, founded in 2017 by Aditya Bhat, Kaustubh Karnataki, and Ganesh Shankar, combines thermal drone imaging to detect solar cell flaws and AI to increase efficiency. … Read more

New CIO appointments in India, December 2021

December CIO Appointment Airtel CISO Manish Tiwari joins Fractal as CIO Fractal Analytics has appointed Manish Tiwari as its CIO. He will be based in Gurugram. At Fractal, Tiwari will be responsible for the company’s digital transformation and overseeing IT operations, cybersecurity, and risk management. Prior to joining Fractal, Tiwari was senior vice-president and global … Read more

Witzeal named industry experts – Peush Bery and Yogvinder Singh to strengthen the team

Witzeal Technologies, a new-age gaming technology firm that specialises in developing futuristic games and features for the real money gaming (RMG) segment, has bolstered its senior leadership to stay ahead of the competition. It has announced the appointments of Peush Bery, head of product development strategy, and Yogvinder Singh, head of technology, as the first … Read more

Ekos raises $21 million Series B to digitally connect the craft supply chain

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Ekos, the leading business management software for craft beverage businesses, has closed a $21 million Series B funding round led by growth equity firm Catalyst Investors with participation from existing investors Noro-Moseley Partners. Ekos was the first software solution created specifically with craft producers in mind. Historically, craft businesses relied on manual record-keeping and disconnected systems, which are time-consuming and difficult to … Read more

Deeptech startup Dista raises $1.2M funding

dista

Dista, a deeptech business based in Pune and Delaware (US), has raised $1.2 million in funding. Pentathlon Ventures led the seed fundraising round, which included Core 91 and other individual investors. Nishant Kumar (Co-founder & Chief Product Officer), Shishir Gokhale (Co-founder & CEO), and Deepak Garg (Co-founder & CTO) co-founded Dista, which was incubated in … Read more

Razorpay raises $375M in Series F at a valuation of $7.5B

Razorpay

Razorpay, a fintech company founded by Lone Pine Capital, Alkeon Capital, and TCV, has secured $375 million in a Series F round led by Lone Pine Capital, Alkeon Capital, and TCV, and plans to extend its B2B payments business to Malaysia, Vietnam, Indonesia, and the Philippines by next year. Existing investors such as Tiger Global, … Read more