Page 43 - Company - Start-ups - News
Covid-19 impact: Many startups, MSMEs stare at closure, says survey
Startups and MSMEs have been in the race for survival, especially since the onset of the Covid-19 outbreak in 2020
 "Covid-19 impact: Many startups, MSMEs stare at closure, says survey")
Lithium buys out Pune-based SaaS mobility platform company for unknown sum
With the deal, Lithium will be able to provide a full range of transport solutions across vehicle categories including conventional internal combustion engine ones
 "Lithium buys out Pune-based SaaS mobility platform company for unknown sum")
These entrepreneurs are helping restaurants go contact-less in Covid times
In the past 10 months or so, their firm Airmenus has got on board restaurants, home chefs, gourmet stores all over the country, and several craft breweries in Maharashtra
 "These entrepreneurs are helping restaurants go contact-less in Covid times")
Tiger Global leads $30 mn investment in microblogging website Koo
Koo's valuation crossed $100 million with the new funding, says the company.
 "Tiger Global leads $30 mn investment in microblogging website Koo")
IIM-A, BITS grads launch $1 mn fund to support & invest in student startups
Abhishek Sethi and Prateek Behera, graduates from IIM-A and BITS Pilani, respectively, have launched $1 million fund to support and invest in startups founded by college students
 "IIM-A, BITS grads launch $1 mn fund to support & invest in student startups")
New crop of agri-tech startups go beyond farm-to-fork to serve niche areas
Their initiatives span areas as diverse as sericulture and fisheries using niche solutions like IoT-based farm management and using AI to ensure freshness of produce
 "New crop of agri-tech startups go beyond farm-to-fork to serve niche areas")
Global delivery management platform FarEye raises $100 mn in Series E round
The firm caters to a multibillion-dollar delivery management market that continues to show double-digit year-on-year growth
 "Global delivery management platform FarEye raises $100 mn in Series E round")
Venture debt player Stride Ventures launches Rs 1,000-cr second fund
Announces greenshoe option to raise an additional Rs 875 cr
 "Venture debt player Stride Ventures launches Rs 1,000-cr second fund")
Medlife to cease operations, merge with PharmEasy this week
PharmEasy cofounder Dhaval Shah wrote on LinkedIn that the merged entity will be India's largest online healthcare delivery platform, serving over 2 million families every month.
 "Medlife to cease operations, merge with PharmEasy this week")
Chocolate maker Smoor to raise Rs 50 cr, open over 100 outlets in 5 years
Smoor will also be launching an experience centre in Bengaluru where visitors would be able to experience the craft of exquisite chocolate making.
 "Chocolate maker Smoor to raise Rs 50 cr, open over 100 outlets in 5 years")
Stride Ventures announces new fund, targets corpus of up to Rs 1,875 crore
Investment firm Stride Ventures on Tuesday announced a debt fund for Indian startups with corpus that can go up to Rs 1,875 crore
 "Stride Ventures announces new fund, targets corpus of up to Rs 1,875 crore")
Bhavin Turakhia-founded Zeta enters unicorn club with $1.4 bn valuation
Banking tech startup attains value after $250 mn funding from SoftBank
 "Bhavin Turakhia-founded Zeta enters unicorn club with $1.4 bn valuation")
IPV backs salon-focused SaaS startup Glamplus with Rs 2-crore funding
Other investors in pre-series A round are Bounce co-Founder Anil G, Sadhan Enterprise MD-CEO Sachin Khandelwal, Transin CEO Sravan Kumar, Byju's AVP Abhishek Daiya and Shadowfax VP Anudeep Nagalia
 "IPV backs salon-focused SaaS startup Glamplus with Rs 2-crore funding")
Softbank-backed Oyo seeks $600-million loan amid virus surge: Report
Funds sought by hotel startup to bolster balance sheet, service older loans
 "Softbank-backed Oyo seeks $600-million loan amid virus surge: Report")
Hyderabad based startup Skyroot Aerospace raises $11 mn Series A funding
Skyroot Aerospace on Thursday said it raised $11 million Series A funding from investors led by Greenko Group founders Anil Chalamalasetty and Mahesh Kolli
 "Hyderabad based startup Skyroot Aerospace raises $11 mn Series A funding")
Moglix raises $120 mn in funds, joins India's growing unicorn club
Industrial business-to-business company is the fourteenth Indian company this year to reach unicorn status
 "Moglix raises $120 mn in funds, joins India's growing unicorn club")
Startup Virohan raises $3 mn, says will train million paramedics by 2025
Company says it has trained over 5,500 people since the pandemic started last year.
 "Startup Virohan raises $3 mn, says will train million paramedics by 2025")
How meat startups are leveraging technology to bring best quality produce
The trucks that move produce from farms to slaughter houses and retail stores have IoT-enabled trackers that track the produce and periodically send temperature data
 "How meat startups are leveraging technology to bring best quality produce")
Myelin Foundry raises pre-series A funding of $1 million from Japanese VC
The new round will be used to consolidate Myelin's products in the India video streaming market, and to expand into international markets
 "Myelin Foundry raises pre-series A funding of $1 million from Japanese VC")
Fintech firm Groww enters Rs 32-trillion MF space with Indiabulls purchase
Groww said Sebi's recent change in sponsorship criteria for fintech companies has enabled it to enter into the asset management space
 "Fintech firm Groww enters Rs 32-trillion MF space with Indiabulls purchase")
