CYFIRMA, a leading external threat landscape management company has raised a Pre-Series B round funding from Israel’s most active venture fund OurCrowd and India’s multinational conglomerate Larsen & Toubro’s L&T Innovation Fund. With this, these firms join CYFIRMA’s existing investors Goldman Sachs,
To amplify its operations across regions, the global bespoke CTO search firm has undertaken an internal restructuring and promoted Kiran Satya as the Regional CEO for its India, Middle East & Africa markets. Kiran takes on the new role from his former
Zama has been named one of 10 finalists for the RSA Conference™ 2023 Innovation Sandbox contest for its work on Fully Homomorphic Encryption (FHE). Zama will present its technology and solution to a panel of renowned industry judges and a live in-person
AI-powered commercial auto insurance company Fairmatic today announced it has raised $46 million in new funding, six months after its oversubscribed Series A, bringing its total financing to $88 million. Battery Ventures led the round with participation from current investors and Bridge
Global D2C ethnic wear brand Shobitam, founded by Aparna & Ambika with a deep sense of purpose and big bold vision to democratize ethnic fashion globally commemorates its 4th year anniversary. Launched on the same day as Women’s Day, the brand through
The GSMA today announces a new industry-wide initiative called GSMA Open Gateway, a framework of universal network Application Programmable Interfaces (APIs), designed to provide universal access to operator networks for developers. Launched with the support of 21 mobile network operators, the move
Animeta, the creator tech company recently launched by former Cosmos-Maya CEO Anish Mehta, today announced several strategic hires. The new leadership team brings together seasoned professionals from the most innovative and influential tech and media companies in the world, positioning the startup
STDK Corporation (TSE:6762) announced today that subsidiary TDK Ventures, Inc. is opening its first TDK Ventures Innovation Hub in Bengaluru, India. The hub will bring together VCs and CVCs in an atmosphere of collaboration and purposeful exchange, co-creating an ecosystem ideally suited
Furthering its rapid growth, Scrut Automation, a leading Governance, Risk and Compliance (GRC) Automation platform in APAC, has raised a new round of funding of $7.5 Mn, led by MassMutual Ventures, with existing investors, Lightspeed and Endiya Partners, increasing their stake. MassMutual
Hedonova, a Paris-based hedge fund, has exited its 76% stake in an Indonesian nickel miner Mineralindo Morowali to a consortium of Chinese mining companies called Indo-pacific Net-zero Battery-materials Consortium (INBC) for $31 million in an all-cash transaction. The stake was acquired for
Fraud management has become a massive headache for banks and fintechs worldwide. As digital payments become more popular, projected to grow 12%, reaching US$ 14.8 trillion by 2027, payment frauds are also expected to rise. India follows the international trend. UPI transactions
The US-based crypto exchange platform PayBito incorporates ChatGPT, an AI tool powered by OpenAI technology. The international digital asset exchange remains steadfast in its commitment to be at the global forefront in terms of technological innovation. PayBito announced the incorporation of the
Algorand Foundation, the organization focused on growing the ecosystem for the world’s most advanced, secure and reliable layer-1 blockchain, announced broad-reaching partnerships in India. With India set to surpass China as the world’s most populous country this year, the Foundation is committed to
ViewTrade, the force that powers fintech, today announced extensive client growth over the course of 2022 as the firm continues to expand, now serving financial services firms in 26 countries. Culminating in the launch of a carrying broker services offering in December,
The INX Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF) (“INX”), a broker-dealer and inter-dealer broker – offering the first-ever SEC-regulated digital asset trading platform for both cryptocurrencies and security tokens, announced today the launch of The INX Way. The book is a
A devastating data breach has been uncovered in India’s public education system, exposing the personal information of millions of students and teachers for over a year. The Digital Infrastructure for Knowledge Sharing app, or Diksha, was launched in 2017 as a mandatory
At Beststartup India, our core mission is clear and significant: to nurture and support the advancement and success of startups throughout India. Our goal focuses on enhancing the flow of investment both foreign and domestic, into these startups and businesses. We aim to bridge the gap between innovative, rising startups and key institutional investors, reducing the disparity in information and understanding.