Page 25 - Company - Start-ups - News

Cashbook raises $2.3mn in seed fund led by JAM, Better Tomorrow Ventures

Kunal Shah, Anupam Mittal and a host of other angel investors also participated in the round

Glamyo Health raises $3 mn in Series A led by Ananta Capital

The company functions in the area of elective surgeries and claims to have had a 300% surge in business on its platform

The Money Club raises pre-series A funds led by SOSV and Venture Catalysts

Founded by IIT Kharagpur friends, The Money Club leverages AI to effectively underwrite high frequency, micro pooling of funds by studying user behaviour

Skill tech platform Mechaniks TV plans to raise $1 mn for expansion

Independent skill-tech platform for automotive mechanics, Mechaniks TV, is in the process of raising funds of $1 mn for expansion of its offering and technology enhancement

AWS, MeitY Startup Hub collaborate to support growth of startups in India

Amazon Internet Services Pvt Ltd (AISPL) on Friday said it has inked an agreement with MeitY Startup Hub to promote technology innovation and the sustainable growth of start-ups in India.

Artha Venture Fund launches programme to invest in Indian startups

Venture capital firm Artha Venture Fund on Thursday announced the Artha Access programme to make early-stage investments in Indian startups from its recently closed fund of Rs 225 crore.

Y Combinator-backed fintech Karbon raises $12 mn in pre-Series A round

Karbon will use the funds to step up its product development, hiring plans and operations. It expects to double its headcount to 60 over next 6 months

Gupshup acquires New Jersey-based RBM player Dotgo for undisclosed sum

A strong partner of Google, Vodafone and Orange, Dotgo manages rich communication systems across markets, and runs world's largest RBM Hub with connectivity to RCS users across the world

Unacademy, Udaan, CRED top startups in India, finds LinkedIn survey

With these top three unicorns, nearly 60 per cent of the 2021 LinkedIn Top Startups India List are based out of Bengaluru

Bengaluru rises up global startup ecosystem ranks, Delhi and Mumbai follow

Bengaluru rose up three spots to be ranked 23rd in an annual analysis of the world's most favourable ecosystems to build a globally successful startup

Bangalore-based startup HappyCredit raises Rs 5 cr in pre-seed round

The Indian e-commerce market is growing substantially, with the total market size expected to reach $188 billion by 2025

ZestMoney raises $50 mn from Zip Co to scale up buy now, pay later offering

The shift towards pay later solutions is a global phenomenon and represents young digital consumers looking for transparency, honesty and no hidden charges in financial products

FrontRow raises $14 million in funding from Eight Roads Ventures, others

FrontRow, founded by Shubhadit Sharma, Mikhil Raj and Ishaan Preet Singh, nine months ago and has scaled to 50,000 paid learners across over 2000 cities worldwide

Eupheus Learning acquires edtech startup ClassKlap in $19 mn deal

With this, Eupheus will become India's largest school-focused edtech firm and the only firm in K12 space to operate in both premium and affordable school segments

Stem cell bank LifeCell secures Rs 255 cr from its founders and Orbimed

LifeCell is looking to further leverage its technological expertise to enter new categories like fertility health and cell-based therapeutics

CARS24 valuation soars to $1.8 billion after raising $450 million

Fundraise includes Series F equity round of $340 mn, debt of $110 mn

Legal platform Legistify raises $500,000 in round led by Titan Capital

Indiamart, GSF Accelerator, Java Capital also participate in pre-Series A funding; early investors make a partial exit with 5x cash payout

FloBiz raises $31 mn in Series B round led by Sequoia, Think Investments

Existing investors Elevation Capital and Beenext also participate along with host of angels

Tiger Global leads $35 mn funding in AI semiconductor company Deep Vision

Deep Vision's AI processor helps provide camera-based applications like smart retail, driver-monitoring systems, smart city, drones, and factory automation

Ease of doing business helped create more startups: Piyush Goyal

Simplification, facilitation and ease of doing business has helped India create more startups, Commerce and Industry Minister Piyush Goyal said on Sunday.