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
Work fulfillment platform Awign, which is based in Bengaluru, has earned $15 million in a Series B round that was co-led by Bertelsmann India Investments and Amicus Capital Partners. It also received funding from Mynavi Corporation, Unitus Ventures, and the Michael & Susan Dell Foundation. Annanya Sarthak, Gurpreet Singh, and Praveen Sah, three IIT graduates … Read more
Flipkart, India’s homegrown e-commerce marketplace, today announced the signing of a Memorandum of Understanding (MoU) with the District Administration of Varanasi, Government of Uttar Pradesh, to enable national market access for artisans, weavers, people with disabilities and of Varanasi. Through this partnership, iconic goods such as Banaras Sarees, Handmade Carpets, Zardoji Craft, Metal Crafts, and Handmade … Read more
Brian Rice is joining McDonald’s as Executive Vice President and Global Chief Information Officer, reporting directly to me and serving on our Global Senior Leadership Team. Brian’s accomplishments make him the perfect enterprise leader to continue to drive our digital vision to new heights as we deliver on our Accelerating the Arches strategy. In getting to know him, it … Read more
SuperShare, a smartphone dialer and communication platform, has raised $6.5 million in a Series A funding round led by Lachy Groom, Accel India, and current investor Lightspeed. It has the backing of executives from various Indian influencer management agencies, as well as content creators such as Tanmay Bhat and MythPat. SuperShare, the second product of … Read more
Gurusiksha, a platform where education and technology come together to create a hybrid learning system, recently announced that they have acquired their first investment round of Rs 50 lakhs in a pre-series round from angel investors. They also said that they are planning another Series A funding round later in the year since their next … Read more
M2P Fintech, one of Asia’s leading API infrastructure provider led the USD 2.50 million funding round for the Account aggregator platform Finvu. Varanium Nexgen Fund, IIFL and DMI Sparkle Fund also participated in the round. Founded in 2017, Finvu is a registered and licensed NBFC Account Aggregator (NBFC-AA) from the Reserve Bank of India (RBI) … Read more
MG Motor India presents Hector to Chandigarh University to foster skill development and bridge the gap between academia and industry. The initiative is aligned with the MG Nurture programme and in accordance with MG’s goal of CASE mobility. This will foster student skill development and prepare them for better employment opportunities. Gurmeet Singh Meet Hayer, … Read more
Switzerland hosted a never-before-seen, extraordinary feat that brought together 82 women of influence from across 25 countries to add a new female chapter to the history of what is still an overwhelmingly male-dominated sport! The ladies came together and successfully created a new world record for – ‘The Longest Women’s Rope Team’ on the 4164 … Read more
Roq.ad (pronounced rock-ad), the leading GDPR/CCPA-compliant, probabilistic, multi-device identity resolution provider serving Europe and North America, has just announced Series A funding from DNX Ventures, OCA Ventures, and AperiamVentures for $7 million. “We wanted investors that could really bring value to our business; teams that understand both the obvious need for a future-proof identity graph as well as the … Read more
Milaap.org, India’s largest crowdfunding platform announces a major milestone achieved by its community of donors collectively raising INR 2040 cr on the platform through more than 85 lakh donations since its inception. Of the total contributions on the platform, the generosity of over 1 Lakh India’s salaried professionals form a sizable contribution of around INR … Read more
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
SBI Foundation introduced UpSchool, a digital learning program for students from class 1-10 in partnership with Khan Academy, an educational nonprofit in India. This program will be available in English, Hindi and Kannada languages aiming to reduce learning gaps and build a solid foundation in math and reading for their current academic year. Students or … Read more
The Global eCommerce Market is Segmented by Type (Buyer-oriented E-commerce, Supplier-oriented E-commerce, Intermediary-oriented E-commerce), by Application (SMEs, Large Enterprises). Due to the COVID-19 pandemic, the global E-Commerce market size is estimated to be worth USD 7750530 Million in 2022 and is forecast to a readjusted size of USD 20313450 Million by 2028 with a CAGR … Read more
Cuemath, an online math tutoring platform, announced on Wednesday that it has raised $57 million (about Rs 438 crore) in a fundraising round led by Alpha Wave, bringing the company’s valuation to $407 million. Lightrock, Alpha Wave Incubation, Sequoia Capital India, CapitalG (previously Google Capital), and Manta Ray are among Cuemath’s investors. Existing investors took … Read more
Oracle Movies, India’s first NFT Movie MarketPlace, is steadily making progress by creating the right waves in the industry and beyond. Founded by Technology Entrepreneur Senthil Nayagam and Film Producer G K Tirunavukarasu, Oracle Movies is expected to bring a tectonic shift in the way film business is being done in India. Already, around 1000 … Read more
