Trade X Group of Companies Inc., a global B2B automotive trading platform, has announced that it has completed its financing round as initially announced, to fuel the company’s growth. The additional equity funding of US$10 million, at a US$250 million pre-money valuation, is led by a group of new investors, including EchoVC, Frontier Ventures, and…
HRtech platform based in Gurugram-based Advantage Club has announced that it has secured $1.7 million in the latest round. The fresh funding round saw participation from Kunal Shah, Y Combinator, Liquid.vc, Broom Ventures and angel investors from Southeast Asia, the US and Middle East. Commenting on the announcement, CEO and Co-founder of Advantage Club, Sourabh…
The India Chapter of IAMCP (International Association of Microsoft Channel Partners), a non-profit organisation of Microsoft partners, announced its 2021-22 leadership team. Munesh Jadoun from ZNet Technologies, who has served IAMCP India and Global in various capacities, was unanimously elected as the new President of IAMCP India. He has been the President – Delhi and…
Financial services company Buckle has appointed Cheryl S as its Chief People Officer. “Welcome Cheryl S. to Buckle as Chief People Officer! Cheryl will be leading and supporting the growth of our team through new people as well as supporting the development of our current people while helping us maintain our missional focus and culture,” said Martin Young,…
Elda Health has announced that it has secured seed funding of $1.5 million from Avaana Capital, Orios Ventures, and Ananth Narayanan Family office. Anup Jain, Managing Partner, Orios Ventures, commented, “As an early-stage startup, Elda’s mission to innovate for India’s women healthcare issues that have remained unaddressed for generations, really resonated with us. Elda’s healthtech…
Healthtech platform NeoDocs has announced that it has secured an undisclosed sum in its pre-seed round from 9Unicorns, Y Combinator and Titan Capital. Commenting on the announcement, Nikunj Malpani, Co-founder and CEO, NeoDocs, said, “Testing is shifting to an at-home, instant and high frequency model. And this shift has been further catalysed by the pandemic.…
Bengaluru-headquartered Corporate Credit Card startup Karbon Card, which offers 24-hour sign-up Corporate Credit Card for small businesses and Startups, has announced that it has raised funding from Y Combinator. The platform aims to utilize the funds raised for product development, hiring, and operations. The company said, “it feels a YC tag would help the company…
Atheneum, a fast growth B2B Research Technology platform, has announced that it has secured $150 million led by Guidepost Growth Equity with participation from select Limited Partners, as well as existing investors, Crosslantic Capital Management, Michael Brehm, Vogel Communications Group, and the Founding Management team of Atheneum. Roshen Menon and Chris Cavanagh, general partners of…
Workstream, a hiring platform and mobile app that streamlines the sourcing and onboarding of hourly workers, has announced that it has raised $48 million in Series B funding. This announcement comes on the heels of the company filling more than 18,700 jobs, which represents more than 2.5% of total private jobs added, in July 2021.…
Sports-focused startup Sporjo has announced that it has secured $2 million in pre-Series A funding round. The announcement also said Leander Paes will join the board. The round saw participation from private investor Chairman of Punit Balan Group and Punit Balan Studios – Punit Balan, along with other investors. G Srinivvasan told to YourStory, “I…
Analog Devices, Inc. has announced the completion of its previously announced acquisition of Maxim Integrated Products, Inc. According to a statement the combination further strengthens ADI’s position as a high-performance analog semiconductor company with trailing twelve-month revenue of over $9 billion1, industry margins, and free cash flow of over $3 billion1 on a pro forma…
Maruti Suzuki India Limited (MSIL) welcomes applications for the sixth cohort of its Mobility & Automobile Innovation Lab (MAIL) programme. Early-stage startups working in mobility and automobile space are eligible to participate. According to a statement, “The winning startups will get an opportunity to undertake a paid Proof of Concept (PoC) with the Company. These…
Workera.ai, the first precision upskilling platform, has announced that it has completed a $16M Series A. This latest round of funding follows a seed round of $5M in October 2020. The Series A was led by New Enterprise Associates (NEA) alongside existing investors Owl Ventures and AI Fund, as well as AI luminaries Richard Socher…
The developers of Euler, a lending protocol that allows users to create their own lending markets in a permissionless fashion, has announced that they have completed an $8 million Series A round led by Paradigm. The new funding will help to grow the Euler developer team in anticipation of the protocol’s launch later this year…
Jane Technologies, Inc., the cannabis industry’s e-commerce provider, has announced the closing of a $100 million Series C round of funding. The round was led by Honor Ventures with participation from Third Point Ventures, Gotham Green Partners, L2 Ventures, Delta Emerald Ventures and Artemis Growth Partners. Jane previously raised $30 million in funding, bringing the…