Zolve raises ₹300 crores in one of India’s largest Series A Funding Rounds at a valuation of ₹1,575 crores

Zolve has raised ₹300 crores ($40 million) in Series A funding round led by Partners of DST Global with participation from Tiger Global, Alkeon Capital, as well as existing investors Accel and Lightspeed Venture Partners. The funding will help expand the product suite and ramp up hiring and technology to create a seamless user experience for global citizens, says Zolve founder and CEO Raghunandan G. Zolve, a neobank enabling global access to financial services, today announced the closing of ₹300 crores in Series A funding, one of the largest within…

Savex Technologies Expands Its Unified Communication Portfolio by Partnering with Poly

Savex Technologies, one of India’s largest Information and Communication Technology Distributor, today announced it has been appointed distributor by  leading global collaboration player, Poly (earlier Plantronics and Polycom) in India. Savex technologies will provide Poly’s full portfolio of collaboration and communication solutions. The distributorship gives Savex technologies’ partner community access to Poly’s aesthetically designed and engineered audio and video products backed by software, artificial intelligence, analytics and insights that powers authentic human connection and collaboration. It gives Poly access to Savex’s extensive network of over 10,000 reseller partners. Talking about…

Share India set to disrupt the algo-trading and fintech industry with two strategic acquisitions

Share India Securities Limited has announced the acquisition of two companies, namely – Algowire Trading Technologies Private Limited and Utrade Solutions Private Limited. With these acquisitions, Share India Securities Limited has taken the next evolutionary step towards providing a platform for AI-driven automated trading, strategy development and execution for its retail investors, as it continues to strengthen its position as a market leader and technology innovator in the fintech industry. Share India Securities Limited has principally agreed to invest INR 15 crores to gain a majority stake in both entities.…

Aspire Media Launches the 4th Annual Startup Pitch & Awards “The AEONIAN 2021”

Aspire Media will organize its 4th Annual Startup Pitch and awards The AEONIAN 2021, to recognize successful Startups in India, to be held on 09th and 10th December 2021.  This year the award ceremony will be a virtual celebration of the Indian Startup ecosystem. The ceremony will be held in its true spirits even though it will not be a physical ceremony, due to the COVID 19 protocol. The registration to get nominated in The AEONIAN 2021 Pitch & Awards are open to all Startups in India. There are 26 categories…

Vahan Raises USD 8 Million in Series A Funding Round Led by Khosla Ventures

Vahan, a Bangalore-based jobs & livelihood platform for blue-collar workers, has raised USD 8 million in its series A round of funding led by pre-eminent Silicon Valley investor Khosla Ventures. The round also saw participation from Airtel, SHAKTI VC (led by former Google exec Keval Desai with Eric Schmidt and Michael Dell as LPs), Pioneer Fund (Y Combinator alumni fund), Spike Ventures (Stanford University alumni fund), Vijay Shekhar Sharma (CEO, Paytm), Guru Gowrappan (Group CEO, Verizon Media and former Global MD, Alibaba), Kevin Shannon (former CFO, Harvard Management Company) and…

Leading Drone delivery start-up, TechEagle raises USD 500K

TechEagle, a leading drone delivery start-up has raised USD500,000 in a seed round led by India Accelerator, with participation from Vinners Group, Sitics Logistics & other marquee angel investors. TechEagle is deep tech (drone, AI) company that is currently based out of Gurgaon, and building the end-to-end technology solution for enabling a drone logistics airline for last-mile & mid-mile deliveries. To make its vision a reality, TechEagle has already received approvals from the Government of India (MoCA) and the Regulators (DGCA) to conduct package delivery BVLOS (beyond the visual line…

Small Enterprise Magazine – August’21 Issue : SME Banking & Finance

Today the emergence of non-bank/FinTech startups is shifting the competitive landscape in financial services, compelling conventional institutions to redefine the way they do business. With the increasing data breaches and intensifying privacy concerns, regulatory and compliance needs have become more restrictive. There are many banking industry challenges that can be resolved using technology that’s caused this disruption, but this transition from legacy technologies to innovative ones hasn’t always been an easy one. In fact, banks and similar institutions need to embrace digital transformation to survive and thrive in the current…

Aspire Media Launches the 4th Annual MSME Awards “Small Enterprise Business Awards 2021”

Bangalore, Karnataka, India, August 3, 2021: Aspire Media will organize its 4th Annual awards Small Enterprise Business Awards 2021 (SEBA), to recognize successful MSMEs in India, on     25 November 2021.   This year the award ceremony will be a virtual celebration of entrepreneurial excellence. The ceremony will be held in its true spirits even though it will not be a physical ceremony, due to the COVID 19 protocol. The registration to get nominated in SEBA 2021 is open to all MSMEs those are registered in India. There are 20 categories applicants…

A Platform to Create Equity Culture among SMEs and Startups

With 26 years of experience in the Capital Market as India’s biggest Custodian to India’s biggest and largest Stock Exchange, Mr. Ajay Thakur plays a key role in setting up the SME and Startup Platform. He is the Executive Committee Member of Indian Merchant Chamber, Member of Advisory Committee of GLA University and associated with Nanubhai Desai & Co, as Member of the Advisory Board in their Fintech Company, Paaryal Fin tech Services Pvt. Ltd. What is the BSE SME Platform? How and why should SMEs be listed to it…

Moneycontrol and CNBC-TV18, in association with Dell Technologies present The Challengers—an initiative to help the MSME industry scale new heights with innovative tech solutions

In today’s world, it is of utmost importance for Micro-, Small and Medium-sized Enterprises (MSMEs) to embrace digital transformation and accelerate their growth potential, despite their limited resources. Leading the way to drive this progress, Moneycontrol and CNBC-TV18, India’s leading business and finance platforms, have partnered with Dell Technologies to launch The Challengers #StopAtNothing—an initiative to empower and enable India’s MSMEs to reimagine their businesses by adapting to the rapid pace of technology-led transformation. Moneycontrol and CNBC-TV18 have been undisputed leaders in the television and digital space, with utmost credibility…