NuvoRetail Secures $350K to Propel Enlytical.ai and Accelerate Global Expansion
NuvoRetail, a prominent player in eCommerce marketing and analytics, has successfully raised $350,000 in funding to advance its cutting-edge AI-ML platform, Enlytical.ai, and fuel its global expansion strategy. Vishal Sharma, Founder & CEO of NuvoRetail, expressed his enthusiasm for the company’s future, stating, “Securing this funding marks a pivotal milestone for NuvoRetail. Our mission has […]
Oyo Secures $175 Million in Series G Funding as Valuation Stabilizes at $2.38 Billion.
Oyo, the hospitality giant, has raised approximately $175 million (Rs 1,457 crore) in a Series G funding round, attracting investment from prominent backers including InCred Wealth, Patient Capital, J&A Partners, the family office of Mankind Pharma promoters, and ASK Financial Holdings. This fresh infusion of capital follows an equity issuance that was overwhelmingly approved by […]
Gaana’s Distress Sale: Acquired by Radio Mirchi’s Parent ENIL
In a surprising development, Gaana, once a dominant player in India’s music streaming industry, has been acquired by Entertainment Network India Limited (ENIL), the parent company of Radio Mirchi, for a mere Rs 25 lakh. This acquisition, completed in December 2023, followed the collapse of potential merger talks with Airtel’s Wynk, and has largely escaped […]
Organizations can achieve 10X efficiency in procurement by adopting Gen-AI tools
A joint survey conducted by Zycus-Procurement Tactics highlights the state of GenAI in procurement: Despite its demonstrated benefits, 70% of Chief Procurement Officers (CPOs) have yet to implement GenAI. This highlights a substantial untapped opportunity for competitive advantage. Over 60% of companies lack specific policies on GenAI usage, underscoring an urgent need for strategic guidance […]
Nazara Technologies Expands Global Reach with $27.2 Million Acquisition of UK’s Fusebox Games
Gaming and sports media powerhouse Nazara Technologies has solidified its global presence by acquiring Fusebox Games Limited, a prominent UK-based gaming studio, for Rs 228 crore ($27.2 million) in an all-cash deal. Fusebox Games, known for its interactive story game “Love Island,” is also at the forefront of developing new titles based on popular international […]
A Modern Twist on Classic Flavors: How Mohammed Bhol is Shaping Biryani’s Future
In an interview with R. Chandra, Mohammed Bhol, co-founder of House of Biryan, shared insights into his journey from a traditional food catering background to revolutionizing biryani on a pan-India scale. With experience working alongside Gordon Ramsay and previous entrepreneurial ventures, Bhol launched House of Biryan in 2022. The brand quickly rose to prominence, becoming […]
Powering a Sustainable Future: An Interview with Nishant Sood, Country Lead of candi solar
In this insightful interview, R. Chandra engages with Nishant Sood, Country Lead- India of candi solar, to uncover the inspiration, challenges, and future plans of his innovative solar energy company. R. Chandra: To start the interview, can you share the about mission & vision of candi solar, along with your background? Nishant Sood: My journey into […]
Metadome.ai Secures $6.5 Million in Series A Funding Led by Siana Capital and Chiratae Ventures
Metadome.ai, formerly known as Adloid, has successfully raised $6.5 million in its latest Series A funding round. This round was led by Siana Capital and existing investor Chiratae Ventures, with additional contributions from new investors Alteria Capital, 3to-1 Capital, and Manish Choksi’s family office. The Gurugram-based extended reality (XR) startup plans to utilize this funding […]
BiofuelCircle Secures Rs 45 Crore Funding Round Led by Spectrum Impact
BiofuelCircle, a prominent player in the biomass and biofuel marketplace, has successfully raised Rs 45 crore ($5.3 million) in its latest funding round. The investment was led by Spectrum Impact, with contributions from several angel investors and the company’s promoters. In a regulatory filing accessed from the Registrar of Companies (RoC), BiofuelCircle’s board approved the […]
WMall Founders Make a Comeback with ShopDeck, Securing $8 Million in New Funding
Blitzscale Technology, the parent company behind both WMall and its latest venture ShopDeck, has successfully raised approximately $7.85 million (Rs 65.2 crore) in a recent funding round. This marks a notable return for the company after a five-year hiatus from major funding activity. The fresh capital injection came through a special resolution by the board, […]
