Page 36 - Company - Start-ups - News
Ayurveda platform NirogStreet raises $2.5 mn in Series A funding
Ayurveda doctor platform, NirogStreet said it has raised $2.5 million in Series A funding from investors such as Gokul Rajaram, Pureland Venture, and Wavemaker Partners among others.
 "Ayurveda platform NirogStreet raises $2.5 mn in Series A funding")
Byju's acquires US-based digital reading platform Epic for $500 mn
The acquisition will help Byju's expand its US footprint; firm seeks to become a natural part of America's learning culture
 "Byju's acquires US-based digital reading platform Epic for $500 mn")
D2C personal care brand Beco raises Rs 4 cr seed led by Climate Angels Fund
With the added capital support, Beco aims to quadruple sales and encourage consumers to switch to sustainable living through their eco-friendly product range
 "D2C personal care brand Beco raises Rs 4 cr seed led by Climate Angels Fund")
Vegan lifestyle brand Zouk raises $1.5mn in pre-series A led by Stellaris
Having gained 50,000-plus customers with a 4x growth in the past seven months, Zouk aims to double its consumer base every six months for the next 5 years
 "Vegan lifestyle brand Zouk raises $1.5mn in pre-series A led by Stellaris")
ADIF aims to make Indian startup ecosystem among top 3 globally by 2030
Digital startup think tank ADIF plans to make the Indian startup ecosystem among the top three globally by 2030, with focus on boosting knowledge base, driving collaboration and finding right policy
 "ADIF aims to make Indian startup ecosystem among top 3 globally by 2030")
Swiggy valuation tops $5.5 bn after raising $1.25 bn from SoftBank, Prosus
The fundraise will give Swiggy enough firepower to take on rivals such as Zomato, Amazon, Dunzo and Ola Foods
 "Swiggy valuation tops $5.5 bn after raising $1.25 bn from SoftBank, Prosus")
HealthifyMe raises $75 mn funding from Khosla Ventures, LeapFrog
HealthifyMe said its users have lost 20 million pounds of weight, tracked over 1 billion foods and burnt over 66 billion calories working out on HealthifyMe.
 "HealthifyMe raises $75 mn funding from Khosla Ventures, LeapFrog")
Is the pandemic a silver-lining for startup accelerators and incubators?
Latest data from EY show PE and venture investment in startups doubled in H12021 to $6 bn. With more activity in the market, ancillary businesses like accelerators and incubators also thrived
With an eye on online shoppers. YouTube buys social commerce startup simsim
The simsim app serves as a platform to connect local businesses, influencers and customers. The company had raised $16 million in 2020
 "With an eye on online shoppers. YouTube buys social commerce startup simsim")
Bella Vita Organic raises $10 million to scale up personal care products
The firm, which has a portfolio of face care, body care and hair care products, has been profitable since inception and plans to push the pedal on growth with this fund-raise
 "Bella Vita Organic raises $10 million to scale up personal care products")
SmartCoin secures debt funding to bring fin services to small entrepreneurs
The company has seen strong demand for micro-credit from tier-2 and 3 cities through the second wave as people grappled with a lack of capital for medical situations and businesses
 "SmartCoin secures debt funding to bring fin services to small entrepreneurs")
Meet the man who plans to disrupt the retail coffee biz by democratising it
Chaitanya Chitta's brand SLAY has a three-pronged strategy aimed at ushering a marked shift in coffee drinking from indulgence to habit among millenials, in much the same way as pizza
 "Meet the man who plans to disrupt the retail coffee biz by democratising it")
Automovill raises $500,000 in bridge round from Mumbai Angel Netwrok
With the latest fundraise, the startup has raised $1.2 million since its inception
 "Automovill raises $500,000 in bridge round from Mumbai Angel Netwrok")
Blackstone's $250 mn to make Simplilearn world's top digital skills co: CEO
The firm, which is already global, will use the funding to double down in its primary markets such as the US and India and expand in Europe and LatAm
 "Blackstone's $250 mn to make Simplilearn world's top digital skills co: CEO")
BharatPe offering BMW bikes, iPads and Dubai trips to attract tech talent
The fintech firm aims to triple the strength of its technology team and is hiring 100 candidates
 "BharatPe offering BMW bikes, iPads and Dubai trips to attract tech talent")
BMW bikes to T20 WC tickets: What BharatPe is offering to its tech joinees
The bike and gadget package is available to anyone referring tech talent to company
Thrasio-like startup GlobalBees raises $150 mn to create a house of brands
This is the largest Series A round by a Thrasio-style startup in the country. With this round, Vikas Agnihotri of Softbank, Harsha Kumar of Lightspeed and others join the GlobalBees board
Globus Infocom expects to grow business by 70% to Rs 350 cr by FY22
Digital classroom solutions company Globus Infocom expects to grow business by around 70 per cent to Rs 350 crore by the end of the current financial year
Droom founder, family office to invest in 10-12 startups every year
Droom founder Sandeep Aggarwal and his family office have invested over Rs 25 crore in 18 startups, they are looking at backing about 10-12 companies a year in startup ecosystem
 "Droom founder, family office to invest in 10-12 startups every year")
Andhra Pradesh govt to launch flagship startup promotion scheme
The Andhra Pradesh government will launch a flagship startup promotion scheme Accelerate Startups in AP (ASAP) for early stage startups to offer plug-and-play office space
