Press Release

In a significant move for the Indian startup ecosystem, Abhay Tandon, the former Digital Innovation and Partnerships Officer at TVS Motor Company, has made a strategic transition from the automotive giant to a promising new role in the tech industry. Tandon joins Monet.work, an innovative Web3 startup, as their Chief Business Officer, where he will be pivotal in developing an interoperable loyalty ecosystem. Tandon's expertise in corporate innovation, shaped by his experience with Fortune 100 companies, positions him as a valuable asset in his new venture. His deep investment in the...

Leading education software company, Educational Initiatives (Ei) recently announced that HCL Group has made an investment of INR 166 crore to acquire a minority stake in the Company. Founded in 2001, Ei is a leading B2B education software company that provides schools with research-backed assessments and personalised adaptive learning solutions to help improve learning outcomes at scale. Ei has more than 1 million paid users for its two offerings: Assessments (Ei ASSET and Ei CARES) and Personalised Adaptive Learning (Ei Mindspark) and is present in India, UAE, South Africa, and Singapore. “We have demonstrated our...

The funds will be used mainly for team-building, customer support enhancement, marketing and growth  Lucknow-based Urja Sathi, a pioneering, one-stop sustainable energy-tech platform for buying and selling renewable energy solutions in India, has raised seed funding of INR 3.5 Million from visionary entrepreneurs-cum-investors Ankitt Jain and Sharlee Jain. The seed investment has been facilitated by Neeraj Kumar Pawar and Ayu Sharma, Co-Founders of Pror In Pvt Ltd. Notably, Urja Sathi’s founder had recently pitched his business idea at the PROR India Wealth Summit. This marks Urja Sathi’s maiden fundraising round; prior to this, the startup had remained bootstrapped since its...