Funding News - Entrepreneur Guild

BEYOBO, a B2B cross-border e-commerce platform, has secured Rs 6.7 crore in its pre-Series A2 funding round led by the Indian Angel Foundation. Other participants in the funding round include the International Startup Foundation, SAN Angels, and High Net Worth Individuals (HNIs). The raised funds will be utilized to bring more international brands to the Indian market and to enhance BEYOBO's technology platform. BEYOBO serves as an online marketplace connecting Indian SMEs with global suppliers and helps foreign companies establish their presence in the Indian market. CEO and co-founder Anil Agarwal expressed confidence in BEYOBO's strategic direction and emphasized the platform's aim to redefine cross-border transactions. The B2B e-commerce sector in India is witnessing rapid growth, with projections indicating a market size of $18.2 billion by 2023, up from $5.6 billion in 2021.

BEYOBO Secures Rs 6.7 Crore in Pre-Series A2 Funding Round

Admin5 months ago5 months ago04 mins

Key Points In a significant development for the B2B e-commerce landscape, BEYOBO, a cross-border platform facilitating international trade, has successfully … Read more

List of Unicorn Startups in India

Entrepreneur Guild Team5 months ago5 months ago06 mins

This article is about Unicorn Startups in India. In recent years, India has emerged as a hotspot for startup innovation, … Read more

Poshn Secures $4 Million in Pre-Series A Funding Round

Entrepreneur Guild Team5 months ago5 months ago05 mins

Summary Poshn, a foodtech startup, has successfully secured $4 million in its pre-Series A funding round, led by Prime Venture … Read more

Shikhar Dhawan Partners with QUE to Democratize Premium Eyewear in India and Beyond

Entrepreneur Guild Team5 months ago5 months ago05 mins

Summary Indian cricket sensation Shikhar Dhawan has embarked on a new venture in the fashion eyewear industry by partnering with … Read more

Norwest Venture Partners closes $3 billion NVP 17 fund.

Entrepreneur Guild Team5 months ago4 months ago04 mins

June 5th 2024 Norwest Venture Partners (NVP), a prominent global venture capital and growth equity investment firm headquartered in Menlo … Read more

Northern Arc bags $80M funding from World Bank’s IFC

Entrepreneur Guild Team5 months ago5 months ago04 mins

Highlights: Northern Arc, a non-banking financial company (NBFC), has secured a significant funding boost of $80 million from the International … Read more

Saudi Aramco’s Prosperity7 Ventures to Invest Heavily in Indian Start-ups

Entrepreneur Guild Team5 months ago5 months ago04 mins

Summary Saudi Aramco’s venture capital arm, Prosperity7 Ventures, plans to invest between USD 200 million and USD 350 million in … Read more

Adukale Secures Rs 11 Crore in Pre-Series A Funding Round

Entrepreneur Guild Team5 months ago5 months ago04 mins

Summary Adukale, an Indian direct-to-consumer (D2C) snacks brand, has secured Rs 11 crore (approximately $1.3 million) in a pre-Series A … Read more

BluWheelz Secures $1 Million in Bridge Funding Round for EV Logistics

Entrepreneur Guild Team5 months ago5 months ago05 mins

Summary BluWheelz, a tech-driven delivery startup specializing in electric vehicle (EV) logistics, has secured $1 million in bridge funding from … Read more

Truck Aggregator LetsTransport Secures $22M in Series E Funding Round

Entrepreneur Guild Team5 months ago5 months ago04 mins

Highlights LetsTransport, a prominent aggregator facilitating logistics for electric and other vehicles in urban areas, has successfully raised $22 million … Read more