Archive

HealthPlix expands its leadership team with two tech entrepreneurs

By : CIOL Bureau

HealthPlix has strengthened its leadership team with the appointment of two entrepreneurs – Manpreet Singh – Head of Commerce and Subhadeep Mondal – VP, of Products. The appointments are in line with the company’s growth strategy which entails bringing in seasoned

zingbus Sets Foot In South To Make Intercity Travel Smoother

By : CIOL Bureau

zingbus has announced the expansion of its services to the southern region of India, starting with Karnataka & Telangana. With the newly acquired territories, zingbus will now connect over 400+ cities, bridging the gap between the South, West & North

Newtrace raises USD 1M in pre-seed from Speciale Invest and Micelio Fund

By : CIOL Bureau

Newtrace has announced raising a pre-seed round of USD 1M in funding from Speciale Invest and Micelio Fund to build the next generation of electrolyzers for making affordable green hydrogen a reality. The company also saw participation from angel investors

Ozonetel Communications Appoints Keshav Goel as Chief Financial Officer

By : CIOL Bureau

Ozonetel has announced the appointment of Keshav Goel as its Chief Financial Officer. Goel comes with over two decades of leadership experience across various finance verticals and will lead the corporate finance function at Ozonetel. In addition, Goel will take

QueueBuster raises INR 63.3 crore in Series A round

By : CIOL Bureau

QueueBuster has raised INR 63.3 crore (~USD 8.16 million) in a Series A funding round led by Chiratae Ventures, Omidyar Network India, and Flourish Ventures. DMI Alternative Investment Fund (the Sparkle Fund) and Unaprime Investment Advisors (an exclusive banker to

Startup Circle: How Spyne turns e-commerce sites into a visual treat

By : Manisha Sharma

Spyne was formed in 2018 to use deep tech to solve the challenge of content management and distribution for photographers. We bring the industry-first computer vision and AI-powered solution to the product cataloging space, allowing businesses and marketplaces to create

Spardha raising Rs. 8 Cr in Pre-Series A2 led by Inflection Point Ventures

By : CIOL Bureau

Spardha has raised Rs 8 crore in a Pre-Series A2 round led by Inflection Point Ventures. The round also saw participation from Mumbai Angels & We Founder Circle. The funds raised will be utilized for hiring across sales and operations along

CXO of The Week: Mr. Rushendra Babu, CTO of Utthunga

By : Manisha Sharma

Utthunga is a Product Engineering and Industrial Solutions company. It engineers industrial-grade digital products and solutions for industrial OEMs, Industries, ISVs, and Service Providers. The company provides software development, firmware & hardware development, IIoT applications, IT-OT integration, field device integration,

Sowmyanarayan Sampath named Chief Executive Officer, Verizon Business

By : CIOL Bureau

Verizon has announced the appointment of Sowmyanarayan Sampath to Executive Vice President and CEO of Verizon Business, effective July 1, 2022. He will succeed Tami Erwin, who will assume the role of Strategic Advisor to the CEO until the end

Jiraaf Raises $7.5 million in a Series A round led by Accel Partners

By : CIOL Bureau

Jiraaf has raised $7.5 million in a Series A round led by Accel Partners, Mankekar Family Office, Aspire Family Office (Dr. Bhaskar Shah), and other angel investors. Founded in September 2021 by finance professionals Saurav Ghosh and Vineet Agrawal, Jiraaf

We Founder Circle to invest 5 million in Gujarat-based startups

By : CIOL Bureau

We Founder Circle has held its ‘We Founder Circle Investors meet’ in Gujarat. Over 220 HNIs and businessmen attended the three-day event in Surat, Baroda, and Ahmedabad respectively. WFC facilitated the program to boost the overall growth of emerging startups

Bosch’s incubator programme DNA Nxt invites applications from tech startups to boost innovation

By : CIOL Bureau

Bosch Global Software Technologies has announced the commencement of the 6th edition of its flagship startup alliance program Bosch DNA (Discover, Nurture, Align) Nxt. The theme for the startup accelerator program in 2022 is Future Readiness. This year, Bosch is accepting applications

Micron Ventures Fund II Commits $200M for Deep Tech Startups

By : CIOL Bureau

Micron Technology has announced that its venture capital team, Micron Ventures, will be investing $200M in deep tech startups with its Fund II. Micron’s Fund II builds on the success of the initial AI-focused Fund I by targeting broader deep

IIM Udaipur Incubation Center Aims to Empower Female Founders of Start-ups

By : CIOL Bureau

To encourage and support women’s participation in tech, data, and management careers, IIM Udaipur’s Incubation Center inaugurated the First Batch of the new Women-in-tech Accelerator Program. This 12-week participant-centered accelerator program, powered by the Department of Science and Technology will

INDEANTA raises $150,000 in Bridge Round from Ivy Growth Associates and a network of Angel Investors

By : CIOL Bureau

Electric mobility start-up INDEANTA raises $150,000 from IvyGrowth Associates and a network of Angel Investors. The round is led by Prateek Toshniwal, Mehul Shah, Nine Spar& others. The fundraise represents a bridge round in their ongoing Pre-Series A round. Having

Coralogix raised $142M Series D Funding to expand presence in India

By : CIOL Bureau

Coralogix announced that it has raised a $142 million Series D funding round, bringing the company’s total amount raised to $238 million. A significant portion of the proceeds from the round will be used for the company’s expansion plans, especially

Cuemath doubles its valuation in challenging market conditions with a fresh round of USD 57 Mn funding

By : CIOL Bureau

Cuemath has announced fundraising of USD 57 million in a fresh round led by Alpha Wave at a valuation of USD 407 million – a more than 2X jump in valuation. The funds will fuel strengthening product-pedagogy outcomes, hypergrowth initiatives,

Homi Lab raises Rs. 5 Cr in a Pre-Series A by Inflection Point Ventures

By : CIOL Bureau

A co-curricular futuristic learning platform Homi Lab has raised Rs. 5 Cr in a Pre-Series A round by Inflection Point Ventures. The funds raised will be utilized for the development of the cutting-edge technology platform and high-quality unique content creation.