Page 26 - Company - Start-ups - News
Kerala CM inaugurates Digital Hub; aims to have 15K start-ups in next 5 yrs
Chief Minister Pinarayi Vijayan has inaugurated "Digital Hub" with a capacity to support 200 start-ups via video conferencing, said a press release from Chief Minister's Office
 "Kerala CM inaugurates Digital Hub; aims to have 15K start-ups in next 5 yrs")
Kerala aiming for 15,000 start-ups by 2026: CM Pinarayi Vijayan
Kerala is working towards a four-fold increase in the number of startups by aiming to take their total to 15,000 in the next five years, said Chief Minister Pinarayi Vijayan, here on Saturday.
 "Kerala aiming for 15,000 start-ups by 2026: CM Pinarayi Vijayan")
Taking steps towards building more diverse organisation: Grofers
The company has over 2,000 employees
 "Taking steps towards building more diverse organisation: Grofers")
Fintech startup Paytail raises $1.5 mn seed from Cholamandalam, others
Along with Cholamandalam, Paytail is committed to building a network of other large financial institutions to cater to the pre-approved loan offers for consumers
 "Fintech startup Paytail raises $1.5 mn seed from Cholamandalam, others")
Two Tamil Nadu angel networks join hands to fund startups in the state
Both networks will coordinate and plan common pitch sessions on a case-by-case basis, will also support startups in select activities
 "Two Tamil Nadu angel networks join hands to fund startups in the state")
Startup Ayu Health raises $6.3 mn in funding for expanding services
Ayu got the Series A financing from Vertex Ventures and Stellaris Venture Partners
 "Startup Ayu Health raises $6.3 mn in funding for expanding services")
Digital farm advisory startup BharatAgri raises $6.5 mn in Series A round
BharatAgri offers farmers an app-based platform for AI-based agronomy services on a paid subscription basis
Gaming start-up Mobile Premier League valued at $2.3 bn, joins unicorn club
In February, MPL was valued at $945 million after raising $95 million in a Series D round
 "Gaming start-up Mobile Premier League valued at $2.3 bn, joins unicorn club")
B2B networking platform Anar raises $6.2 mn in seed funding round
The Anar business app caters primarily to small-and-medium businesses (SMBs) across the value chain, from manufacturers to retailers and resellers, helping them connect and interact with one another
 "B2B networking platform Anar raises $6.2 mn in seed funding round")
Apna acquires unicorn status after $100 mn fundraise led by Tiger Global
Owl Ventures, Insight Partners, Sequoia Capital India, Maverick Ventures and GSV Ventures also participate. With this, Apna has a total valuation of $1.1 billion
 "Apna acquires unicorn status after $100 mn fundraise led by Tiger Global")
Eyes in the sky: Drones aim to deliver vaccines, drugs in India amid Covid
The success of these trials could transform the manner in which remote areas get essential healthcare supplies
 "Eyes in the sky: Drones aim to deliver vaccines, drugs in India amid Covid")
Shadez raises $200K in pre-series A round led by Inflection Point Ventures
The startup is operating across Mumbai, Pune & Vadodara and has painted over 200 homes in Mumbai till date with over 400,000 sqft
 "Shadez raises $200K in pre-series A round led by Inflection Point Ventures")
Vahan raises $8 million in funding round led by Khosla Ventures
Blue-collar jobs platform Vahan on Wednesday said it has raised USD 8 million (around Rs 59 crore) in a funding round led by existing investor Khosla Ventures
Mobile Premier valued at $2.3 bn, becomes India's second gaming unicorn
Bangalore-based startup raised capital from investors led by Legatum Capital with participation from Accrete Capital and Gaingels LLC.
PharmEasy buys majority stake in healthcare supply chain start-up Aknamed
API's subsidiary PharmEasy, which is planning an IPO, will acquire 975,937 equity share in the company
B2B edtech Eupheus Learning raises $10 mn in Series C from Lightrock India
Eupheus will use the funds to scale faster, pursue inorganic growth via acquisitions. It aims to democratise access to 21st Century learning solutions to school students
 "B2B edtech Eupheus Learning raises $10 mn in Series C from Lightrock India")
Google, 3one4 Capital, and Temasek invest Rs 453 cr in neo-bank Open
Existing investor Tiger Global also participates in Series C round; Open claims to be one of the country's largest SME banking platforms; last Feb it had processed $11 bn in transactions
This video tech firm plans to enter BFSI, pharma, and a host of other areas
The Gurugram-based company has had double-digit growth during the past few years and of the top-10 OTT players in India, seven are its clients
 "This video tech firm plans to enter BFSI, pharma, and a host of other areas")
GTM Buddy raises $2mn in seed round led by Stellaris Venture Partners
The company said it would use the funds for improving its product capabilities and building teams for sales, marketing and customer relations
Microblogging platform Koo to raise headcount to 500 in a year: Co-founder
Homegrown microblogging platform Koo expects to raise its headcount to over 500 people in the next one year, as it looks to hire across engineering, product and community management teams
 "Microblogging platform Koo to raise headcount to 500 in a year: Co-founder")
