Page 45 - Company - Start-ups - News
K-12 EdTech player LEAD School secures $30 mn in Series D round fundraise
The company's Integrated System for schools has driven 3X growth in 2020 by helping schools deliver uninterrupted learning whether online, hybrid or in physical classrooms
 "K-12 EdTech player LEAD School secures $30 mn in Series D round fundraise")
Edtech start-up upGrad raises $120 mn funding from Singapore-based Temasek
upGrad on Monday said it has raised $120 million from Singapore-based Temasek, making this the first external fund-raise by the edtech major
 "Edtech start-up upGrad raises $120 mn funding from Singapore-based Temasek")
India's next 35 unicorns may include Practo, BharatPe, Eruditus, Vedantu
The vibrant startup ecosystem is working to boost the investment environment in India both from domestic and global investors, according to consulting firm Praxis Global Alliance
 "India's next 35 unicorns may include Practo, BharatPe, Eruditus, Vedantu")
Local kirana shops embrace retail tech as Covid-19 puts focus on essentials
According to RedSeer, online grocery will grow eight times to $18 billion market size in 2024, with 40-50% growth seen in the 2021 calendar year
 "Local kirana shops embrace retail tech as Covid-19 puts focus on essentials")
Meet the philosophy grad who has been dabbling in business since age 16
From running side businesses to support his family to now running a billion-dollar business, CRED founder Kunal Shah has come a long way
 "Meet the philosophy grad who has been dabbling in business since age 16")
Qapita raises $5 mn in Pre Series A round led by MassMutual Ventures
Qapita helps private firms and startups record and manage capitalisation tables (cap tables) and ESOPs. It also aims to digitise issuance of equity awards and shares
TrulyMadly raises Rs 16 crore funding; investors include Paytm founder
The funding was raised from from Venture Catalysts, 9 Unicorns, Paytm founder Vijay Shekhar Sharma and others
 "TrulyMadly raises Rs 16 crore funding; investors include Paytm founder")
Startup India Seed Fund scheme will back domestic biz ideas: Piyush Goyal
The minister said often good ideas are bought out by international venture capitalists at throwaway prices
 "Startup India Seed Fund scheme will back domestic biz ideas: Piyush Goyal")
Data security startup Druva's valuation doubles to $2 bn on raising $147 mn
The firm counts US space agency NASA and drugmaker Pfizer among its customers; it had become a unicorn last June
 "Data security startup Druva's valuation doubles to $2 bn on raising $147 mn")
Softbank Group to invest $450 million in Swiggy at $5.5 billion value
Second funding for food delivery startup in as many weeks
 "Softbank Group to invest $450 million in Swiggy at $5.5 billion value")
Meet Harsha Bhogle, cricket commentator who doubles up as startup investor
His first bet as an investor on startup Chqbook was made after consulting BigBasket cofounder V S Sudhakar; his second was on fantasy sports platform Fantasy Akhada
 "Meet Harsha Bhogle, cricket commentator who doubles up as startup investor")
Robotics firm Miko raises Rs 50 cr to fund product, geographical expansion
The firm now has a user base in more than 140 countries, and their engagement rose three times through the pandemic
 "Robotics firm Miko raises Rs 50 cr to fund product, geographical expansion")
6 start-ups join unicorn club this week; 150 likely by 2025, say experts
The pandemic is expected to accelerate big-ticket venture capital, private equity as well as consolidation related deals in unicorns and soonicorns in the country
 "6 start-ups join unicorn club this week; 150 likely by 2025, say experts")
Mohalla Tech, Gupshup become latest entrants to the unicorn club
Six firms, including these two, have been added to the club just this week
 "Mohalla Tech, Gupshup become latest entrants to the unicorn club")
Gupshup becomes sixth unicorn this week, raises $100 mn from Tiger Global
Announcement came shortly after Mohalla Tech, parent firm of short video app Moj and Indic language social media platform ShareChat, said it had raised $502 mn, valuing it over $2.1 billion
 "Gupshup becomes sixth unicorn this week, raises $100 mn from Tiger Global")
ShareChat parent raises fresh funds, becomes fifth unicorn this week
Joins the club with its latest fundraise of $502 million, valuing the company at a little over $2.1 billion
 "ShareChat parent raises fresh funds, becomes fifth unicorn this week")
Groww's valuation shoots past $1 billion with $83 mn Series D funding
Funding round was led by Tiger Global; The company has so far raised a total of $142 million
 "Groww's valuation shoots past $1 billion with $83 mn Series D funding")
Started by former Paytm execs, food firm Daalchini onboards marquee clients
Apart from TCS, Byju's, Cognizant and others, the enterprise has also tied up with leading managed office spaces such as Smartworks and 91Springboard that house thousands of professionals
 "Started by former Paytm execs, food firm Daalchini onboards marquee clients")
Cred joins unicorn club with $215 million fund raise
Valuation touches $2.2 bn; startup initiates ESOP buyback worth $5 million
 "Cred joins unicorn club with $215 million fund raise")
Trial & error: How India's new unicorn Meesho cracked social commerce code
Born in December 2015, Meesho's goal is simple-to help small businesses get online and sell through social media platforms such as WhatsApp, Facebook and Instagram
 "Trial & error: How India's new unicorn Meesho cracked social commerce code")
