Entreprenuernewsnetwork

Edtech firm Cuemath raises $57 Mn led by Alpha Wave

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 gets seed fund under Union government’s scheme, signs pact with over 40 Malayalam producers

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

Supply-chain fintech startup NAKAD raises $7M in seed round

NAKAD, a supply-chain-focused finance firm, announced on Wednesday that it has secured $7 million in a seed round led by Accel and Matrix Partners India, with AdvantEdge Founders participating. The Delhi-based firm, which provides working finance to India’s supply chain micro, small, and medium enterprises (MSME), said it will utilise the funding to expand its … Read more

BluSmart Raises $25M In Extended Series A Funding Round

BluSmart, an electric ride-hailing network, has raised $25 million in a follow-up to its Series A fundraising round, which concluded in September 2021. The fundraising round included $15 million in equity and $10 million in venture loan. The equity fundraising round, led by BP Ventures and Green Frontier Capital, included previous investors, while the venture … Read more

Vijay Shekhar Sharma Reappointed MD And CEO Of Paytm

Paytm’s founder Vijay Shekhar Sharma was re-appointed as the company’s Managing Director and Chief Executive Officer on Saturday. He has been reappointed to the job for a period of five years, with effect from December 19, 2022, according to the company’s exchange filing. Madhur Deora, the company’s current Chief Financial Officer, has been appointed as … Read more

Bit.Store and Qtum, Marching Towards Internationalization

QTUM, an open-source public blockchain platform, will be partnering with global digital asset investment platform Bit.Store. As per the partnership, Qtum will access the payment ecosystem of Bit.Store, while Bit.Store will incorporate the QTUM token into the platform system. Bit.Store has accumulated hundreds of thousands of users and is popular in the Southeast Asian market. … Read more

CavinKare Launches D2C Platform for Buds & Berries

CavinKare’s digital-first Personal Care Brand – Buds & Berries revealed an exclusive platform to offer consumers an indulgent experience. Consumers can now access the entire range of Body Care, Skin Care and Hair Care products brought together by handpicked exotic garden-inspired ingredients. Aligning with the demands of new-age women, Buds & Berries is a clean … Read more

Bengaluru-based agritech startup Fyllo raises $2 mn in Funding

Fyllo, an agritech firm, has secured $2 million in a round headed by IAN, Triveni Trusts, Ninjacart, and new investors Venture Catalysts, StarAgri, Kia Ora Ventures, Singularity Ventures, Mastermind Capital, and Angel investors. Fyllo, a data-driven Agri-science platform founded in 2019, ensures the quality and quantity of agricultural produce. Their IoT technology identifies and measures … Read more

Bollywood actress Sonam Kapoor invested undisclosed amount in Blockchain-based game MechaFightClub

Sonam Kapoor, a Bollywood actress, has invested an unknown sum in online gaming firm Irreverent Labs’ blockchain-based game MechaFightClub (MFC). According to the US-based firm, MechaFightClub is a metaverse gaming platform with each character in the game being an individually unique, artificially intelligent non-player-character (NPC) living on blockchain as an NFT. Irreverent Labs, founded in … Read more

Nftically Makes Minting Nfts Free For Users; Introduces Zero Cost Gas Fee

NFTICALLY, India’s first global NFT marketplace creator & B2B SaaS is excited to announce that now it will allow the minting of NFTs without any gas fees on the Polygon network. The feature is enrolled to support the pockets of the users who earlier paid hefty amounts as a minting fee and were held back … Read more

Chennai-based EV motor controller maker Revoh Innovations raises $150,000 Seed funding

Revoh Innovations Private Ltd., an IIT-Madras-incubated Electric Vehicle sub-component manufacturing firm, has raised $150,000 in a Seed round from Angel Investors Vel Kanniappan and Ravi Renganathan. Revoh was founded a few years ago by a group of Electronics Engineering graduates with the primary purpose of localising the manufacturing of electric vehicle sub-components and eventually reducing … Read more

Affordplan Expands Its Footprint To Western India With Mumbai’s Saifee Hospital Partnership

Through its relationship with Saifee hospital, a prominent multi-specialty healthcare facility in Mumbai, Affordplan, a healthcare finance company, has reached the western area of India. Affordplan is one step closer to accomplishing its aim of making healthcare finance reasonable, accessible, and convenient with this agreement. In northern and southern India, they already have a formidable … Read more

HR tech platform HONO raises $5 mn in series A funding

HONO, a prominent HR digital solutions provider, revealed that it had raised $5 million in a series A fundraising round led by Aakash Chaudhry, managing director of Aakash+BYJU’s, a test-preparation firm. Other individual investors such as Hemant Sultania, Amit Khanna of Amaya Ventures, and Harsh Gupta of Udayat Group contributed the remaining $1 million to … Read more

Ecommerce Enablement Startup GoKwik Secures $35 Mn In Funding

GoKwik, an e-commerce enabling firm, has secured $35 million in a Series B round headed by RTP Global and Think Investments. Existing investors Sequoia Capital India and Matrix Partners India also participated in the round. The fresh capital follows GoKwik’s $15 million Series A round in November of last year, bringing the company’s total fundraising … Read more

Tomorrow Farms Raises $8.5M in Seed Round Led by Lowercarbon Capital and Others

Tomorrow Farms, a food technology company on a mission to fuel the sustainable food revolution with irresistible food and beverage brands, announced today an $8.5 million seed round led by Lowercarbon Capital and additional key investors, including Maveron, Valor Siren Ventures, Simple Food Ventures and SV Angel. Working to become the trusted, household name for the future … Read more

Snoop Dogg and PayPal Co-Founder Ken Howery to Purchase All 25 Fire-Tier NFTs for BIVOUAC BIG3 Team

Today, the BIG3 announced that Snoop Dogg – the legendary entertainer and member of Mt. Westmore – and Ken Howery – co-founder of PayPal and successful venture capitalist – have teamed up to purchase 25 Fire-Tier editions of Bivouac, receiving ownership-like value and utility in the team. This purchase follows the recent announcement that NFT communities DeGods, Gary … Read more