Beyond Appliances, an innovative smart kitchen appliance brand, has successfully raised $2 million in seed funding. The round was led by Fireside Venture Investment Fund III with additional support from Dharana Capital and prominent angel investors, including Shezan Bhojani (Design Cafe), Saurabh Jain and Ramakant Sharma (Livspace), and Chandru Kalro, former CEO of TTK Prestige. … Read more
Zopper, a leading Insurtech platform, has successfully raised $25 million in Series D funding, co-led by Elevation Capital and Dharana Capital. Existing investor Blume Ventures also participated in the round, alongside prominent backers like Creaegis, Bessemer Venture Partners, and ICICI Venture. Driving Innovation in Insurance Distribution The fresh funding will enable Zopper to enhance its … Read more
Lightyear, the leading provider of enterprise telecom management software, today announces the completion of its $31 million Series B fundraise led by Altos Ventures, with meaningful participation from existing investors Ridge Ventures, Amplo, Zigg Capital, and Susa Ventures. This new round of funding comes at the heels of major product milestones, including the launch of Lightyear’s Network … Read more
Plantible Foods, a technology company unlocking the power of plants to promote the health and longevity of people and the planet, today announced the closing of a $30 million Series B funding round. The round was co-led by Piva Capital and Siddhi Capital, with participation from new investors Betagro Ventures, Cultivate Next (the venture arm of Chipotle Mexican Grill), Nourish Ventures (the … Read more
In an exclusive interview with Shiva Y from Entrepreneur News Network Sanjeev Kumar, the founder of Alphadroid, discusses the burgeoning potential of the robotics industry in India. Despite the country’s current technological lag compared to regions like the U.S. and Europe, Sanjeev highlights Alphadroid’s commitment to pioneering advancements in service robotics, particularly within the hospitality … Read more
Neysa, a pioneering AI Acceleration Cloud System provider, has successfully raised $30 million in Series A funding, co-led by existing investors NTTVC, Z47 (formerly Matrix Partners India), and Nexus Venture Partners. This latest investment follows Neysa’s earlier $20 million seed round this year, showcasing strong investor confidence in its mission to accelerate generative AI innovation … Read more
International asset management companies Incofin and Maj Invest collectively invest USD 13 million in India’s leading rural financial services conglomerate, SAVE Group. The funding comes from Incofin India Progress Fund and Maj Invest Financial Inclusion Fund III K/s. Established in 2009, SAVE has emerged as a trailblazer in India’s Banking Business Correspondent (BC) Network, serving … Read more
Foster, who spent seven and a half years at Sportsbet, steps into the new role of CIO. He has previously served as the general manager for customer experience delivery and general manager of enterprise technology. Before joining Sportsbet, Foster worked at Sensis, an advertising services company based in Australia. During his tenure there, he held … Read more
Relux Electric, India’s fastest growing EV charging infrastructure provider, has secured Rs. 250 crore of cumulative project funding from a group of private real estate and infrastructure investors exclusively to expand its network of hyper charging stations in the highways of South India. The company will utilise the fund to create 20 new hyper charging … Read more
foundit (formerly Monster APAC & ME), India’s leading talent platform, published the foundit Insights Tracker (fit), presenting the latest findings on hiring trends for April 2024. According to the tracker, the overall hiring index shifted from 276 in March 2024 to 300 in April 2024. Also, compared to the previous year, there was a 9% increase in hiring, … Read more
Nirdosh Chouhan has assumed the role of Chief Technology and Product Officer at Agilitas Sports, a pioneering platform specializing in sportswear and activewear solutions. As a key member of Agilitas Sports’ founding team, Chouhan will spearhead the technological advancements within the company, leveraging state-of-the-art technology to foster innovation in sports footwear and athleisure. With over … Read more
Assert AI, India’s largest Computer Vision SAAS company, announces the successful closure of its Series A funding round, raising a total of 30 Crores (USD 4 Million). This significant investment, led by prominent investors including Ramesh Hariharan (ex-CTO and Co-founder of LatentView), Prashant Purker (former MD & CEO of ICICI Venture), Arya.ag (India’s largest integrated … Read more
Caret Capital, a sustainability fund that invests across Mobility, Distribution and Employment, has invested in Delhi-based startup TraqCheck. Founded in November 2020 by Armaan Mehta, Jaibir Nihal Singh and Rishabh Jain, TraqCheck is an AI-based platform for employee background verification. It enables enterprises to onboard employees significantly faster and more accurately at a lower cost than traditional methods. “From the … Read more
In a groundbreaking development, SiftHub, the cutting-edge AI-powered platform, has announced the successful closure of a $5.5 million funding round led by Matrix Partners India and Blume Ventures, with significant participation from Neon Fund. This milestone marks a pivotal moment in SiftHub’s journey, bolstered by the enthusiastic support of executive operators and founders from leading … Read more
Telangana is committed to providing an impetus to EV adoption and aims to play a pivotal role in India’s transition to electric mobility, said, Shri KT Rama Rao, Minister for IT E&C, MA&UD and Industries & Commerce, Government of Telangana. “We strongly believe India is well equipped to develop as a hub for manufacturing of electric … Read more
To commemorate National Startup Day 2023, a unique app was launched by India’s leading non-profit, Bharatiya Yuva Shakti Trust. An Android-iOS mobile application, the platform aims to bring grassroots entrepreneurs from across India together on a single platform. Entrepreneurs who were extended a loan and mentored, as well as those who had been counselled only, … Read more
