Founded in 2019 by IIT batchmates Nishant Chandra and Siddharth Maheshwari, Newton School was built to democratise higher education.
Series A round was led by Elevation Capital, also saw participation from existing investor 3one4 Capital
The company is also looking at potentially acquiring rivals to help it grow and will expand into fintech after receiving a license from the Saudi central bank
Apart from Fed rate hike, inflation and Russia-Ukraine war, it is the challenges within the soonicorn ecosystem that could spoil the billion-dollar party for many enterprises.
In a Q&A, company's co-founder talks about starting the company amid the pandemic, the financial machinations of Web3 organisations and his vision for the future of his firm
The round comes just six months after Loop raised a $12 million Series A, bringing total mop up till date to $40 mn
Business Standard brings you the top headlines on Tuesday
The public listing of 12 Unicorns is another indicator of the increasing maturity of the Indian tech ecosystem
The Mohali-based all-electric vehicle startup took nearly seven years to develop, test and validate Model X; roll out likely year-end
Restaurant management platform raises $24mn in series B funding
Incubation cells at the premier engineering institutes are helping more and more startups develop innovative product
The Mesh platform continues to successfully manage a wide pool of modern soon-to-be unicorns and unicorns across sectors, including ShareChat, CRED, Groww, Pipefy and others.
Founded in 2020 by Vishalini Paliwal, an IIT Roorkee graduate & product engineering veteran, Zipy helps software teams to proactively identify, prioritise & debug critical customer issues in real time
The company said it would utilise the funds to further expand its footprint with more corporate and large platform partnerships, invest in technology and enlarge its talent pool
BharatPe, which allows shop owners to make digital payments through QR codes, is now in 225 cities (more than 2x growth from last fiscal)
Udaan co-founder Sujeet Kumar also participated in the round; funding amount not revealed
Funding comes in under 6 months after Instoried announced Series A round; firm says this makes it the fastest-growing deep tech startup led by a woman founder
An Indian American-led artificial intelligence startup in the Silicon Valley on Wednesday said it has raised USD200 million so far and added key members to its leadership team
Valuation demands of around 10x of revenue had become way too common despite the fact that consumer brands are fundamentally different from tech businesses.
Recipient is a physician-only platform for programmatic messaging; funding will help it embolden healthcare professional communications for pharma and life sciences brands