Ethical hacking platform FireCompass raises $7M led by Cervin and Athera Venture Partners

FireCompass, a Bengaluru and Boston-based SaaS startup working on automating Red Teaming, has raised $7 million in funding led by Silicon Valley-based Cervin and Athera Venture Partners (previously Inventus Capital),…

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Infibeam Avenues reports 43% rise in net profit; increases stake in subsidiary

Payment infrastructure company Infibeam Avenues reported a consolidated net profit of Rs 35.81 crore in the third quarter of the current fiscal—43.13% higher than Rs 25.02 crore in the year-ago…

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Treebo Co-founder Rahul Chaudhary joins Matrix Partners as venture partner

Rahul Chaudhary, Co-founder of hotel aggregator platform Treebo, has joined Matrix Partners as an investor."Let's see what this VC thing is all about then. Excited to be joining the team…

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Startup news and updates: daily roundup (February 6, 2023)

Three Wheels United, Eqaro collaborate with Log9 MaterialsThree Wheels United (TWU) has collaborated with Log9 Materials, an advanced battery technology company, to offer financing solutions for batteries and EV vehicles…

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BetterPlace acquires MyRobin, enters Southeast Asia market

Frontline workforce management platform Betterplace has picked up a majority stake in Indonesia-based blue-collar workforce fulfilment platform MyRobin in a cash-and stock-deal, marking the former’s entry into the Southeast Asia…

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Gurugram startup Shypmax maximising cross-border logistic services

What does India’s logistics sector need to drive growth? Some industry players anticipate an expansion of the ecommerce industry, higher infrastructure spending, and rising demand for specialised logistics services as growth…

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