Page 22 - Company - Start-ups - News
Fintech startup Clear raises $75 mn in funding at valuation of $700-800 mn
Company says its SaaS platform has grown 5x in the past 18 months
 "Fintech startup Clear raises $75 mn in funding at valuation of $700-800 mn")
EduTech startup HomeSkul launches afterschool e-learning App
EduTech startup HomeSkul has launched the first home-grown afterschool e-learning app which provides AI and Augmented Reality (AR) -powered personalised learning experience for students.
 "EduTech startup HomeSkul launches afterschool e-learning App")
3D printed construction startup Tvasta receives Rs 3 cr investment
Tvasta is an IIT-Madras incubate, started in the 3D printed home segment
 "3D printed construction startup Tvasta receives Rs 3 cr investment")
Ronnie Screwvala's edtech startup upGrad eyes a global learning curve
The company wants to be among the world's top six edtech companies by 2025. Here's how it plans to get there
 "Ronnie Screwvala's edtech startup upGrad eyes a global learning curve")
Fintech firm CRED valued at $4 bn after $250-mn funding round
Founded in 2018, CRED allows users to pay their credit card bills through its online platform and rewards them with offers from various brands and companies
 "Fintech firm CRED valued at $4 bn after $250-mn funding round")
Mestastop Solutions raises Rs 1.3 cr in seed round led by CIIE.CO
Mestastop will use the funding to scale its AI-based platform METSCAN, which characterises cancer cells using patient data samples and their assay panels to understand the cell behaviour
 "Mestastop Solutions raises Rs 1.3 cr in seed round led by CIIE.CO")
Edtech giant Byju's appoints ex-Tata exec Mukut Deepak as Head of Business
Deepak, who was earlier Chief Business Development Officer at Tata Sky, will be responsible for expanding and leading the flagship business for the class 4 to 10 segment
 "Edtech giant Byju's appoints ex-Tata exec Mukut Deepak as Head of Business")
Indian startup funding crosses $10 bn in Q3, first time in any quarter: PwC
The fund raise was twice the amount of funding received in Q3CY20 and an increase of 41% over the Q2CY21 figure
 "Indian startup funding crosses $10 bn in Q3, first time in any quarter: PwC")
What are Thrasio-style startups and what's driving their appeal in India?
Using a model pioneered by Thrasio in the US, several startups like Mensa Brands and GlobalBees were born in India during the pandemic. Let us understand the appeal of these Thrasio-style startups
 "What are Thrasio-style startups and what's driving their appeal in India?")
Pine Labs enters online payments with three products under one platform
Firm says its 'Plural' platform is built to disrupt payments gateway space, make offline-to-online shift easier for merchant base and other online businesses
 "Pine Labs enters online payments with three products under one platform")
Arrivae raises Rs 50 crore in funding round led by Rakesh Jhunjhunwala
Furniture startup Arrivae on Thursday said it has raised Rs 50 crore in the first external funding round led by ace investor Rakesh Jhunjhunwala
 "Arrivae raises Rs 50 crore in funding round led by Rakesh Jhunjhunwala")
Aiming for $25 bn annual payments processed on Plural: Pine Labs CEO
Company says it now plans to disrupt the payments space through a suite of online payment products focused on speed, security, and user experience
Edtech startup Creative Galileo raises $2.5 mn in seed funding
The round was led by Kalaari Capital with an investment of $2.1 mn and remaining from well-known angels, such as Harish Bahl, Shashin Shah, Jinesh Patel, Atul Nishar, Ashwin Puri and Giridhar Malpani.
 "Edtech startup Creative Galileo raises $2.5 mn in seed funding")
Education startup Playto Labs raises Rs 4 cr in seed funding from IPV
The funds raised will be used in building a strong team and expanding its customer base
Google, Temasek back Indian neo-banking firm Open with $100 mn investment
Open plans to use the funds to strengthen its leadership in SME neo-banking space. taking the total SME base from 2 million at present to 5 million in India and expand its services to South East Asia
 "Google, Temasek back Indian neo-banking firm Open with $100 mn investment")
Niche businesses take centre stage with $20 bn in unicorn funding this year
Startup sectors like specialty e-commerce, enterprise subscription software and standalone business models are attracting funds and higher valuations
 "Niche businesses take centre stage with $20 bn in unicorn funding this year")
How Grip Invest is making lease finance an attractive investment option
The platform aims to give retail investors an option other than FDs and stocks, and also wants make lease finance a popular choice for firms seeking asset-light business models
 "How Grip Invest is making lease finance an attractive investment option")
Virtual events platform Hubilo raises $125 mn for global expansion
The investment signals a change in ways people engage and share experiences at a time when uncertainty about Covid-19 has seen cancelled events and delayed a return to traditional office environment
 "Virtual events platform Hubilo raises $125 mn for global expansion")
Venture debt firm BlackSoil provides Rs 35 cr growth capital to 5 startups
Investor says unique business positioning of the five firms and ability to survive through adversities like Covid is what made them attractive propositions for BlackSoil
 "Venture debt firm BlackSoil provides Rs 35 cr growth capital to 5 startups")
M2P Fintech raises $35 mn from Tiger Global to expand API platform globally
M2P's platform powers some of the leading banks, fintechs, and consumer internet companies across Asia becoming the leading fintech enabler in the region
