In an exciting Q4 announcement from the largest and fastest growing payments services provider in the MENA region, HyperPay has unveiled a new logo, along with a complete brand overhaul in view of exciting expansion plans set for 2023. The news comes on the heels of HyperPay’s recent SAR 138M funding round led by Mastercard, with investments … Read more
India’s leading and fastest-growing social e-commerce player, DealShare is all set to penetrate deeper into the homes of its new to internet 500 Mn users target group with the launch of its own Brands’ portfolio. This launch is an extension of the brand’s core philosophy of giving India’s middle and lower-middle-income group access to high-quality … Read more
Xyte, pioneer of the first-of-its-kind Connected Device Management Platform (CDMP), has raised $10M in debt funding to meet its customers’ growing demand for flexible equipment financing solutions. The financing was provided by growth debt investor Kreos Capital and complements the existing equity finance raised by Xyte. With its Connected Device Management Platform (CDMP) – a suite of … Read more
Cloud platform Voilà! announces the closing of its $13.75M CAD Series A funding round, led by Walter Ventures, with participation from Desjardins Capital and Investissement Quebec. This funding round will allow the company to further its mission to help businesses combat labor shortages. Released in 2016, Voilà! delivers workforce optimization tools to simplify schedule management, … Read more
Elevation Capital, Jungle Ventures, and Venture Highway participated in a $15 million Series A round of funding for Drivetrain AI, a financial planning and monitoring platform for expanding businesses and organisations. In addition, the investment round included contributions from close to 25 angel investors, consultants, founders, and C-Suite executives from technology businesses. Alok Goel, a … Read more
Edtech unicorn Vedantu has acquired a majority stake in Deeksha (Ace Creative Learning) at a deal size of $40 million. Deeksha, a test preparation platform for board and competitive exam coaching for kids in grades 9 through 12, was established in Karnataka in 1998. With 39 locations, it is present in three states: Telangana, Andhra … Read more
Inga Ventures (Inga), in partnership with TIH Limited (TIH), Singapore, is launching a ₹ 1,250 mn private equity fund “Ekkum TIH Emerging Opportunities Fund” for investing in mid-size enterprises in India. The Fund has received commitment of ₹ 250 mn from the sponsors and their affiliates. The Fund will infuse growth capital in mid-size emerging … Read more
Blockchain Founders Fund , a venture capital fund that focuses on early-stage Web3 startups globally has received funding from Octava Digital Assets, the digital asset team of the Singapore-based family office Octava which invests across the spectrum from seed to publicly traded cryptocurrencies. Octava joins the lineup of distinguished investors of BFF including Shima Capital, NEO Global Capital (NGC), Tsangs Group, Baksh Capital, … Read more
TerraPay, a leading global payments infrastructure group today announced its partnership with NPCI International Payments Limited (NIPL), the International arm of National Payments Corporation of India (NPCI). This association with NIPL will allow Indian customers and merchants in India with an active Unified Payments Interface Id (UPI Id) to make and accept cross-border payments seamlessly by leveraging TerraPay’s … Read more
Refinitiv, an LSEG Business and one of the world’s largest providers of financial markets data and infrastructure, today announced a long-term strategic agreement with HDFC Bank, India’s largest private sector bank, to support digital transformation and innovation programmes across the whole business in India. Under the multi-year agreement, comprehensive access to Refinitiv’s data and products … Read more
In a study conducted by Techarc among the premium Android users, it was found that the trend towards building a smart tech lifestyle is getting stronger. Users are buying multiple devices with the smartphone being the hub, while smart TV, TWS Earbuds and Smart Watch, the other three key devices defining this lifestyle. There is also incremental increase seen … Read more
Fondue CashBack, the Shopify app that replaces coupon codes with brand-embedded CashBack announced today it has closed on a $10.5m seed round led by Quiet Capital and Hanaco Ventures. Other investors in the round include Infinity Ventures, Ground Up Ventures, Sugar Capital, Starting Line, R-Squared Ventures, Gaingels, Verissimo Ventures, Samsung Next, and JAM Fund. A … Read more
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
TimesPro has launched a Web3.0 learning initiative, through a unique interactive experience in the metaverse, to usher unmatched quality of modern and new-age learning through cutting-edge programmes in various Web 3.0 technologies like Blockchain, Crypto Currency, Metaverse, NFT among others. At launch, TimesPro will offer a mix of certificate and self-paced programmes to enable learning 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
