Healthtech startup Traya raises $2.2 million in pre-Series A funding round, led by Fireside Ventures

Posted on January 13, 2022January 13, 2022Categories Funding News   Leave a comment on Healthtech startup Traya raises $2.2 million in pre-Series A funding round, led by Fireside Ventures

Holistic hair care platform Traya has raised $2.2 million in a pre-Series A funding round, led by Fireside Ventures, with participation from existing investors Kae Capital and Whiteboard Capital. Traya has taken upon itself to bring about a change in the hair industry by providing a holistic solution to manage hair loss. The company said it will use the funds to strengthen research and development, build cutting edge technology to personalise the hair growth experience and acquire talent and expand … Continue reading “Healthtech startup Traya raises $2.2 million in pre-Series A funding round, led by Fireside Ventures”

Global tech VC investment in startups hits record high of $675B in 2021; India ranks 3rd with $44.6B after US & China: report

Posted on January 13, 2022January 13, 2022Categories Funding News   Leave a comment on Global tech VC investment in startups hits record high of $675B in 2021; India ranks 3rd with $44.6B after US & China: report

Bengaluru & London among top five cities for VC investment in 2021 – with cities firms raising $25.5B and $18.6 B respectively Bengaluru produces 16 new unicorns during 2021, London 20 Global tech VC investment into startups hit a record level of $675B in 2021, doubling the previous all-time high of $340.6B in 2020. The investments in 2021 were led by the US at $328.8B followed by China at $61.8B and India coming in third with a $44.6B funding into … Continue reading “Global tech VC investment in startups hits record high of $675B in 2021; India ranks 3rd with $44.6B after US & China: report”

ŠKODA AUTO India bets on 2022 to be the ‘Biggest Year’

Posted on January 6, 2022January 6, 2022Categories PR   Leave a comment on ŠKODA AUTO India bets on 2022 to be the ‘Biggest Year’

in its India operations Continued product offensive through 2022 with 6 launches Aims to triple sales over 2021, setting 2022 as the year for the highest ever sales Targets to increase customer touchpoints by more than 25% in 2022 Will introduce new initiatives to enhance customer satisfaction On track to achieve sales volumes of 1,00,000 units by 2025 India to be amongst the top ten markets for ŠKODA AUTO The year 2022 is slated to be the biggest year for ŠKODA … Continue reading “ŠKODA AUTO India bets on 2022 to be the ‘Biggest Year’”

Omega Seiki Mobility signs MoU with Jae Sung Tech Co., LTD, Korea for manufacturing EV Powertrains in India

Posted on January 6, 2022January 6, 2022Categories Electric Vehicles   Leave a comment on Omega Seiki Mobility signs MoU with Jae Sung Tech Co., LTD, Korea for manufacturing EV Powertrains in India

New Made-in-India powertrain will revolutionise the three-wheeler market in the country with never before seen efficiency and thermal management Omega Seiki Mobility (OSM) and JAE SUNG Tech Co., LTD, a leading Korean EV powertrain maker, today announced a strategic partnership to manufacture electric powertrains in India. As a part of this partnership, the two companies will be forming a new Joint Venture – OSM JAE SUNG Tech Co., LTD. The all-electric Ra314 powertrain will be the first product and will find its … Continue reading “Omega Seiki Mobility signs MoU with Jae Sung Tech Co., LTD, Korea for manufacturing EV Powertrains in India”

Fractal announces US$ 360 million investment from TPG

Posted on January 5, 2022January 5, 2022Categories Funding News   Leave a comment on Fractal announces US$ 360 million investment from TPG

TPG, a leading global alternative asset firm, and Fractal (fractal.ai), a global provider of artificial intelligence and advanced analytics solutions to Fortune 500® companies, today announced that they have signed a definitive investment agreement. TPG is investing US$ 360 million (about INR 2700 crores) in Fractal through TPG Capital Asia, the firm’s Asia-focused private equity platform, in a transaction that includes a combination of primary investment and secondary share purchase from Funds advised by Apax, who will remain a major shareholder following the … Continue reading “Fractal announces US$ 360 million investment from TPG”

KFC India marks World Braille Day with Braille-enabled Menus across Restaurants

Posted on January 4, 2022January 4, 2022Categories Event   Leave a comment on KFC India marks World Braille Day with Braille-enabled Menus across Restaurants

Takes forward the brand’s pledge to build a diverse & inclusive community Taking forward the brand’s commitment towards Diversity, Equality & Inclusion, KFC India today launched braille-enabled menus at its restaurants. To commemorate World Braille Day on 4th January, the menus are being rolled out across restaurants starting in Delhi, Mumbai, Kolkata, and Bengaluru, and have been designedin collaboration with the National Association for the Blind (India). A first of its kind initiative by a QSR brand, the menus will be available across 500+ restaurants in the country over the coming weeks. These menus are designed to aid … Continue reading “KFC India marks World Braille Day with Braille-enabled Menus across Restaurants”

Indian travellers to Ukraine can now enroll biometrics at a VFS Global Visa Application Centre

Posted on January 4, 2022January 4, 2022Categories General   Leave a comment on Indian travellers to Ukraine can now enroll biometrics at a VFS Global Visa Application Centre

Ukraine Ministry of Foreign Affairs extends its mandate with VFS Global Customers can visit a VFS Global centre in seven cities across India to submitbiometrics VFS Global’s services on behalf of the Ukraine Ministry of Foreign Affairs has now extended to include biometric enrolments for Indian customers. Travellers can now visit the VFS Global Visa Application Centres in New Delhi, Mumbai, Chennai, Kolkata, Ahmedabad, Bengaluru and Hyderabad by prior appointment for the complete visa application process. VFS Global has been … Continue reading “Indian travellers to Ukraine can now enroll biometrics at a VFS Global Visa Application Centre”

Lumos Labs and IoTeX Hackathon India 2021 Winners Share Passion For Innovative Blockchain Solutions

Posted on January 4, 2022January 4, 2022Categories Tech   Leave a comment on Lumos Labs and IoTeX Hackathon India 2021 Winners Share Passion For Innovative Blockchain Solutions

IoTeX, a leading decentralized, scalable, and EVM-compatible blockchain network for real-world dApps and digital assets, announced the winners of the three-month-long, IoTeX Hackathon India 2021 launched in partnership with Lumos Labs. The top  4 solutions, Pebble DAO, PolyCraft, Neurodema, and VantaGreen will receive $2000, $1500, $1000, and $600 respectively. Along with these, Pollution Free Map Routing received an additional grant prize of $250 as well as an exclusive “MachineFi” NFT for the best idea of the Hackathon and Breezer received … Continue reading “Lumos Labs and IoTeX Hackathon India 2021 Winners Share Passion For Innovative Blockchain Solutions”

Innoviti Raises Rs. 80 Cr. in a First Close in Ongoing Series D Round

Posted on January 4, 2022January 4, 2022Categories Funding News   Leave a comment on Innoviti Raises Rs. 80 Cr. in a First Close in Ongoing Series D Round

(Valuation multiplies 2.5X as company approaches profitability) Series D funding, a mix of debt and equity, was carried out by Trifecta Debt Fund, Patni Advisors,  andBessemer Venture Partners. Sanjoy Bhattacharya, the doyen amongst value investors, Bharat  Jaisinghani, and a clutch of other individual investors also participated in the same. Innoviti’s  valuation has multiplied 2.5X from its Series C round closed a few months back. Innoviti enables businesses to collaborate on payment transactions and turn them into purchase  tools that are … Continue reading “Innoviti Raises Rs. 80 Cr. in a First Close in Ongoing Series D Round”

FLO MOBILITY bags $ 400K Funding in round led by DevX Venture Fund, Venture Garage Angels & Blume Founder Fund

Posted on December 20, 2021December 20, 2021Categories Funding News   Leave a comment on FLO MOBILITY bags $ 400K Funding in round led by DevX Venture Fund, Venture Garage Angels & Blume Founder Fund

⮚       Funding will be used to expand the network in India ⮚       Company to foray into Europe, USA, Middle East & East Asian markets ⮚       Build Tech capabilities and recruit aggressively  Flo Mobility, a vision-based autonomous technology company, today announced that it has raised $400K from DevX Venture Fund, Venture Garage Angels, Blume Founders Fund and other marquee angels. The company’s stated vision is to build a universal autonomy platform that can bring autonomous capabilities to vehicles across industries and form factors. The company … Continue reading “FLO MOBILITY bags $ 400K Funding in round led by DevX Venture Fund, Venture Garage Angels & Blume Founder Fund”

Techurate implements e-banking for Nagpur Nagarik Sahakari Bank

Posted on December 15, 2021December 15, 2021Categories Tech   Leave a comment on Techurate implements e-banking for Nagpur Nagarik Sahakari Bank

·         Enhanced Customers experience Techurate Systems Pvt Ltd, a Global Smart Banking technology company has implemented digital services for The Nagpur Nagarik Sahakari Bank. Techurate’s Digital Banking SaaS (Software-as-a-Service) offering is designed as an accessible solution to help banks to modernize their operations. Designed specifically for the banking sector, the platform has already seen adoption by banks in Africa and The Middle East.  The cost-effective SaaS offering by Techurate is designed to help banks reduce cost, drive operational efficiencies, and deliver … Continue reading “Techurate implements e-banking for Nagpur Nagarik Sahakari Bank”

D2C fashion brand Bewakoof launches Curated Expressions Marketplace

Posted on December 15, 2021December 15, 2021Categories PR   Leave a comment on D2C fashion brand Bewakoof launches Curated Expressions Marketplace

●        Bewakoof.com to launch a curated e-commerce marketplace showcasing like minded brands which are fun, expressive and unique ●        Bewakoof Brands  has painstakingly curated over 150 brand partners  as it rolls out the online commerce platform ●        Unique brands like Chumbak, Noise, XYXX, Brown Mocha, HueTrap and many more come on board to launch their line of products on the Bewakoof platform ●        Bewakoof aims to generate Rs 500 crore brand sales in the next 12 months India’s largest D2C fashion brand Bewakoof has … Continue reading “D2C fashion brand Bewakoof launches Curated Expressions Marketplace”

World’s largest distributed computing network, CUDOS opens to the Indian developer pool with CUDOS Hack-a-nauts

Posted on December 13, 2021December 13, 2021Categories Event   Leave a comment on World’s largest distributed computing network, CUDOS opens to the Indian developer pool with CUDOS Hack-a-nauts

Challenging the Indian developers to build a sustainable cloud computing solution with the carbon-neutral Cudos Network  Winners stand a chance to receive $50,000 as well as technical, ecosystem and marketing support Lumos Labs, leading experts in running blockchain based open innovation programs in India with the support of CUDOS network, a next-generation decentralized cloud platform today announced the launch of CUDOS Hack-a-nauts aimed at empowering and optimizing the blockchain developer pool of India by offering a  sustainable and decentralized computing … Continue reading “World’s largest distributed computing network, CUDOS opens to the Indian developer pool with CUDOS Hack-a-nauts”

BUMMER BAGS $ 180 K FUNDING FROM SINGAPORE’S BEENEXT

Posted on December 10, 2021December 10, 2021Categories Funding News   Leave a comment on BUMMER BAGS $ 180 K FUNDING FROM SINGAPORE’S BEENEXT

Ø  Funding will be used to expand markets and grow user base   Ø  Build Tech capabilities and deepen product-centric research   Ø  Also to widen relationships with user communities & customers Bummer, the Ahmedabad-based new-age essential wear company, today announced that it has raised $ 180 K from Singapore-based BeeNext. The company is a new-age, essential wear firm focussed on providing the softest innerwear solutions designed to make India’s 40 cr millennials good & comfortable about themselves. Bummer’s stated mission is to target millennials … Continue reading “BUMMER BAGS $ 180 K FUNDING FROM SINGAPORE’S BEENEXT”

ŠKODA AUTO INDIA REGISTERS 108% Y-O-Y GROWTH IN SALES

Posted on December 1, 2021December 1, 2021Categories Tech   Leave a comment on ŠKODA AUTO INDIA REGISTERS 108% Y-O-Y GROWTH IN SALES

›   2,196 cars sold in November 2021 to chart a 108% growth Y-o-Y ›   Brand is now present in more than 100 locations with 175 plus touchpoints. ŠKODA AUTO India has been witnessing a year of growth and has announced a strong 3 digit performance of 108% increase in November 2021 sales, compared to the same period last year. The company sold 2,196 cars in November 2021, compared to 1,056 cars sold in November 2020.  Furthermore, the company delivered  around 2,300 KUSHAQ’s … Continue reading “ŠKODA AUTO INDIA REGISTERS 108% Y-O-Y GROWTH IN SALES”

MULTI-INSTRUMENTALISTS DIANE ARKENSTONE & DAVID ARKENSTONE REVISIT MAGICAL CELTIC TRADITIONS TOGETHER ON THEIR NEW SINGLE “SHE REIGNS THROUGH TEARS”

Posted on November 23, 2021November 23, 2021Categories Music   Leave a comment on MULTI-INSTRUMENTALISTS DIANE ARKENSTONE & DAVID ARKENSTONE REVISIT MAGICAL CELTIC TRADITIONS TOGETHER ON THEIR NEW SINGLE “SHE REIGNS THROUGH TEARS”

AVAILABLE DIGITALLY NOVEMBER 19 ON NEO PACIFICA RECORDINGS APPEARS ON FORTHCOMING FULL-LENGTH ALBUM AVALON: BETWEEN THE EARTH AND SKY Listen to the song here:  She Reigns Through Tears Diane Arkenstone, for over 20 years a pioneering musical force in a variety of genres is performing again with Grammy-nominated instrumentalist David Arkenstone. They have created the sequel to their beloved album Avalon: A Celtic Legend.  The first single available digitally November 19 on Neo Pacifica Records, is the Celtic-influenced “She Reigns Through Tears.”  The magical, fully … Continue reading “MULTI-INSTRUMENTALISTS DIANE ARKENSTONE & DAVID ARKENSTONE REVISIT MAGICAL CELTIC TRADITIONS TOGETHER ON THEIR NEW SINGLE “SHE REIGNS THROUGH TEARS””

leap.club, a professional network for women, raises $810,000 in pre-series A round led by Enzia Ventures, Kunal Shah, and its users

Posted on October 11, 2021October 11, 2021Categories Funding News   Leave a comment on leap.club, a professional network for women, raises $810,000 in pre-series A round led by Enzia Ventures, Kunal Shah, and its users

Launched in May 2020, leap.club – a community led professional network for women has raised $810,000 in a pre-series A round led by Enzia Ventures, Kunal Shah, and its users. Existing investors Whiteboard Capital, Titan Capital and Artha India Ventures also participated. What stands out is that 13 early members of the community joined this round making leap.club one of the few startups to raise funds from its users. leap.club’s cap table boasts of 24 women angel investors, one of … Continue reading “leap.club, a professional network for women, raises $810,000 in pre-series A round led by Enzia Ventures, Kunal Shah, and its users”

Kickflow announces the launch of Quadratic Funding platform; Bringing Democratic Crowdfunding to Tezos

Posted on October 1, 2021October 1, 2021Categories Funding News   Leave a comment on Kickflow announces the launch of Quadratic Funding platform; Bringing Democratic Crowdfunding to Tezos

Developed based on the Capital-constrained Quadratic Finance model; Kickflow along with its governance token will enable startups in the Tezos ecosystem to crowdfund and receive grants through mathematically optimal algorithms  Kolkata, India, October 1 2021–  Kickflow, an alumni of the prestigious Tezos India Fellowship Program, launches its first-ever decentralized, open-source crowdfunding and grants platform. Utilising the concepts of Capital-constrained Liberal Radicalism (CLR) and Quadratic Funding, the platform, along with its governance token, will allow projects to seek funds matched through … Continue reading “Kickflow announces the launch of Quadratic Funding platform; Bringing Democratic Crowdfunding to Tezos”

Chronotope Project Blends Passions for Philosophy and Music on GNOSIS (γνῶσις)

Posted on August 20, 2021August 20, 2021Categories Music   Leave a comment on Chronotope Project Blends Passions for Philosophy and Music on GNOSIS (γνῶσις)

Majestic, cosmic, intimate: GNOSIS (γνῶσις) is a richly layered ambient electronic album, the fifth release by Chronotope Project for Spotted Peccary Music. Oregon-based composer Jeffrey Ericson Allen’s fifth album release for Spotted Peccary Music, and his ninth as Chronotope Project, is titled GNOSIS (γνῶσις) and it intimately explores the bond between the composer’s two life passions: music and philosophy. The album debuts today on Spotted Peccary Music, in physical, digital and streaming formats worldwide. A new video for the track “Entelechy, Emergent … Continue reading “Chronotope Project Blends Passions for Philosophy and Music on GNOSIS (γνῶσις)”

Grip Invest Raises $3 Million Series A Round Led by Venture Highway and Endiya Partners

Posted on August 11, 2021August 11, 2021Categories Funding News   Leave a comment on Grip Invest Raises $3 Million Series A Round Led by Venture Highway and Endiya Partners

Plans to utilize the capital to expand the range of investment products offered, launch new user features Plans to strengthen its team as it targets to facilitate INR 1,000 Cr in investments by Sept’22. Grip Invest, a digital platform for facilitating new-age asset-backed investments, has raised INR 21 Cr ($3 million) in its Series A round led by Venture Highway and Endiya Partners. The round also saw participation from AdvantEdge, existing investors Anicut Angel Fund and Gemba Capital, as well … Continue reading “Grip Invest Raises $3 Million Series A Round Led by Venture Highway and Endiya Partners”