GoDaddy, the company empowering everyday entrepreneurs has announced a partnership with EduSkills, a non-profit social enterprise designed to help boost entrepreneurship and digital skills development in India. With this partnership, GoDaddy and EduSkills aim to create a talent pool of thousands of skilled youth in the country, by offering GoDaddy’s newly created online training and…
Celonis, the global leader in Execution Management Systems (EMS), announced the acquisition of Integromat, an industry leading online automation platform. “This acquisition deepens the automation capabilities of the Celonis Execution Management System and strengthens Celonis’ ability to unlock execution capacity trapped by customers’ rigid and complex systems by intelligently automating actions across hundreds of systems…
Rajan Nanda Innovation Lab, an initiative of Escorts Ltd., has selected five start-ups in agri-tech, rail-tech and infra-tech through its Inter-College Innovation Challenge IC to fund, incubate & mentor. “All selected concepts would receive a seed funding from Escorts. Partial & limited financial assistance would also be provided to nine other ideas for building of…
Avataar.me, a 3D and Augmented Reality software that helps enterprise customers create immersive shopping experiences for end-users, announced that it has raised $7 million from Sequoia Capital India. Founded in 2014 by Prashanth Aluru, Sravanth Aluru, Gaurav Baid and Mayank Tiwari, Avataar’s vision is to bridge the gap between offline-online experiences by replacing the current…
Wipro Limited, a global information technology, consulting and business process services company, announced that it has signed a definitive agreement to acquire Eximius Design, a leading engineering services company with strong expertise in semiconductor, software and systems design. Eximius provides end-to-end solutions and services for building smarter, smaller and faster connected products for various use…
Bloom Credit, a NYC-based API platform company that helps businesses integrate with credit bureaus for access to scores, monitoring, and furnishment products, announced it has raised $13 million in new funding led by Allegis NL, along with Resolute Ventures, Slow Ventures, and Commerce Ventures. Angel investors Better Tomorrow Ventures’ Sheel Mohnot and Jake Gibson, Acorns…
MikeLegal, Asia’s first Artificially Intelligent legal associate with the aim to significantly ease and eliminate the effort currently required to manage IP related tasks has announced that it has raised seed funding from SOSV, a US-headquartered venture capital firm and Australia-based VC firm Artesian. Speaking about the startup, Tushar Bhargava, Co-founder of MikeLegal, said, “MikeLegal…
Bambrew, a Bengaluru-based eco friendly packaging solution startup, announced it has raised a pre-seed round of funding led by Upsparks, according to YourStory report. LetsVenture, Amity Capital Ventures, Amity Technology Incubator and industry veterans like Kunal Prasad (COO, Cropin) and Prashant Gagneja (Business Head- Tropicana, Pepsico India) also participated in the funding round. Launched in…
Fleetx.io, a Gurugram-based intelligent operating system to optimise fleet and logistics operations, announced that it had raised $3.1 million in pre-Series B funding from existing investors, including Singapore-based Beenext and India Quotient, according to YourStory report. Founded in 2017 by Vineet Sharma, Abhay Jeet Gupta, Udbhav Rai, Parveen Kataria, and Vishal Misra, Fleetx is an…
Wow! Momo, a Kolkata-based chain of fast-food restaurants that specializes in momos has announced that it has raised Rs 45 crore in debt funding from Anicut Capital. The company will primarily use the debt funding to repay a loan of Rs 35 crore it had raised from Avendus Finance in 2018. Founded in 2008 by…
Pepper Content, a mediation platform that connects talented writers to organizations that require content, announced that it has raised $4.2 million in Series A funding led by Lightspeed India. Angel investors that participated in the funding round include Upwork founder Beerud Sheth, Coinbase CTO Balaji Srinivasan, Unacademy cofounder Gaurav Munjal and AngelList’s Utsav Somani. The…
Yotascale, the industry leader in next-generation cloud cost management software, announced that it has secured $13 million for its Series B round, bringing its total capital raised to $25 million. The round was led by Felicis Ventures’ Aydin Senkut, alongside existing investors, Crosslink Capital, Pelion Ventures, and Engineering Capital. Yotascale’s software provides engineering teams, who…
India’s e-commerce giant Flipkart and its US-based parent Walmart have invested $30 million in Ninjacart, a fresh produce supply chain startup, according to the ETtech report. Flipkart and Walmart said in a joint statement that the investment would deepen their partnership with Ninjacart and would improve its offerings and enhance customer experience. “The e-grocery market…
Priothera Limited, a clinical stage company developing orally applied sphingosine 1 phosphate (S1P) receptor modulators for haematological malignancies has announced that it has closed a Series A financing round of €30 million led by Fountain Healthcare Partners. Other investors that participated in the funding round include HealthCap, Tekla Capital Management and EarlyBird Venture Capital. Priothera…
Miko, a Robotics startup founded by IIT Bombay graduates, announced that it has raised Rs 23 crore in pre-series B funding led by Stride Ventures, according to YourStory report. Existing investors YourNest Venture Capital; Chiratae Ventures; Keshav Murugesh, Former Chairman of NASSCOM, and a group of angels participated in the funding round. Founded in 2015…