Page 14 - Company - Start-ups - News

Zluri raises $10mn in series A funding round led by MassMutual Ventures

Zluri had earlier raised $2 million from Endiya Partners and Kalaari Capital, in its seed round in January 2021.

The ePlane Co raises $5 mn in pre-series A led by Specilae Invest, Micelio

Firm aspires to build world's most compact flying taxi, as well as cargo transport to help reduce congestion on roads and emissions from ground transport, and lower the risk of road accidents

B2B payments fintech Rupifi raises $25 mn from Bessemer, Tiger Global

Existing Investors Quona Capital and Ankur Capital also participated in the round, along with Better Capital. This is Rupifi's second investment round in nine months, since its Pre-Series A last March

AI and Computer Vision platform Avataar raises $45 mn in Series B funding

Avataar's platform powers the largest global eCommerce marketplaces and leading D2C brands, shaping consumer journeys with life-sized 3D product evaluation coupled with interactive feature discovery.

B2B payments app Rupifi raises $25 mn from Bessemer, Tiger Global, others

The latest funding is Rupifi's second investment round within nine months, since the pre-series-A round in March 2021

What lessons does Elizabeth Holmes' fall have for startup investors?

Billionaire Elizabeth Holmes, founder of Theranos, has been found guilty of defrauding investors. What lessons does the Homes-saga hold for startup investors back home, this report finds out

Dunzo raises $240 mn in round led by Reliance to take on Amazon, Flipkart

According to the sources, Dunzo's valuation has crossed $800 million in this funding

Pickrr rolls out faster cash on delivery service for e-commerce sellers

With this option, the company aims to help sellers get money in their bank accounts within a day of a package's delivery

Blockchain SaaS startup Cion Digital raises $12 mn from Green Visor, others

The US-based firm is planning an R&D Centre in Pune. It is undertaking a pan-India recruitment drive with offer of permanent WFH

Neeraj Chopra joins funding round for influencer marketing startup

Olympic gold medallist Neeraj Chopra has warmed up to venture investing by betting an undisclosed sum on influencer marketing platform One Impression

Reliance Retail to invest $200 mn in delivery firm Dunzo for 25.8% stake

Currently, Dunzo is available across 7 metro cities in India and the additional capital will be used to expand the quick commerce business to 15 cities

Gaming startup Zupee forms strategic partnership with Reliance Jio

This will entail integration of products and strong synergies in user engagement and distribution in a future-ready ecosystem that will benefit over 450 million users

PE firm TPG invests $360 mn in AI and analytics services firm Fractal

PE player Apax is exiting partially via this fund raise. It had invested $200 million in Fractal in 2019

Plixxo, MissMalini, Winkl and Vidooly to create largest creator platform

Beauty conglomerate Good Glamm Group has invested Rs 200 crore seed capital in the new creator platform called Good Creator Co.

Practo evolving to become India's largest integrated healthcare firm: CEO

Adoption of digital healthcare will increase in next 4-5 years in India's $150 billion healthcare market and Practo will play a leading role in the transition

Gig economy gets pandemic push as online deliveries smash records on NYE

Covid was just the disruptor. Even before it struck, growing tech and digital enhancements had been propelling the growth of e-commerce and online services both within and outside India

State Bank of India pumps $20 million into Pine Labs in latest fintech bet

In 2021, Pine Labs had raised a total round size of $600 million from a marquee set of new investors

We Founder Circle: Creating a platform of angels for early-stage startups

The community the firm has built is India's second largest angel network, with 2,000 founders and strategic investors from 16 countries. It closed its first year with 33 investments worth $20 mn in al

Cross-border B2B e-commerce player Geniemode raises $7 mn in series A round

Funding led by Info Edge Ventures; Geniemode works with over 100 suppliers from India, Bangladesh, Pakistan and Sri Lanka to cater to diverse markets in US, LatAm, UK, EU and Australia

Accelerator fund 9Unicorns charts aggressive investment plan for 2022

Aims to invest in over 150 startups in 2022, with approx. investment of Rs 400cr