Page 46 - Company - Start-ups - News
AR-based toy startup PlayShifu raises $17 mn in Inventus-led Series B round
Existing investors Chiratae Ventures and Bharat Innovation Fund also participated in the round. With this round, the company has so far raised a little over $25 mn
 "AR-based toy startup PlayShifu raises $17 mn in Inventus-led Series B round")
Swiggy is closing $800-mn fundraising round, CEO informs employees
Falcon Edge Capital, Think Investments, Goldman Sachs are among the new investors in the food delivery platform whose valuation is nearing $5 bn
 "Swiggy is closing $800-mn fundraising round, CEO informs employees")
Oye Rickshaw raises Rs 24 cr from Alteria Capital to expand EV energy infra
Electric vehicle energy solutions firm Oye Rickshaw on Monday said it has raised Rs 24 crore from Alteria Capital to expand smart lithium-ion batteries swapping stations across India
 "Oye Rickshaw raises Rs 24 cr from Alteria Capital to expand EV energy infra")
Venture debt fund Trifecta Capital may see unicorn base doubling in 2 years
The fund currently has nine unicorns in portfolio such as BigBasket, Urban Company Cars24, Rivigo
 "Venture debt fund Trifecta Capital may see unicorn base doubling in 2 years")
Govt sanctions over Rs 25,000 cr to 114,000 accounts under 'Stand-Up India'
Centre has sanctioned an amount of Rs 25,586 crore under the 'Stand-Up India' scheme to over 114,000 accounts up to March 23 since the inception of the scheme
 "Govt sanctions over Rs 25,000 cr to 114,000 accounts under 'Stand-Up India'")
Startups help make public transport safer for the commuter post Covid
How contact-less payments, voice-enabled ticketing and NFC are changing your travel on public transport
 "Startups help make public transport safer for the commuter post Covid")
Cred boss, Unacademy co-founder, others back healthcare startup Onsurity
The startup which began its journey last Feb has on boarded 700 SMEs as healthcare partners
 "Cred boss, Unacademy co-founder, others back healthcare startup Onsurity")
Uniphore raises $140 million as demand for enterprise AI increases
2020 sped up digital imperatives for companies as it put focus directly on AI and automation to drive that transformation of what experts agree is projected to be a $500 bn-plus market opportunity
 "Uniphore raises $140 million as demand for enterprise AI increases")
Zoko raises $1.4 mn from Y Combinator, Binny Bansal's family office, others
Tech platform Zoko said it has raised $1.4 million in seed funding from Y Combinator and marquee angel investors like Ryan Hoover and Flipkart co-founder Binny Bansal's family office
 "Zoko raises $1.4 mn from Y Combinator, Binny Bansal's family office, others")
B2B startup Udaan witnesses huge surge in business across Bharat
Categories such as lifestyle, food and electronics accounted for over 1,350 sellers across the country last year, says Udaan co-founder
 "B2B startup Udaan witnesses huge surge in business across Bharat")
Meet the former Paytm execs who are building a pocket money app for kids
Shankar Nath and Ankit Gera are digitising pocket money for children while nurturing financial knowledge and discipline in them at an early age via their startup Junio
 "Meet the former Paytm execs who are building a pocket money app for kids")
How India's small truck aggregator industry is accelerating deliveries
The Deloitte study pointed out that in 1991, there was one driver per truck in India, but now at least one in four trucks (27 per cent) lies idle due to lack of drivers
 "How India's small truck aggregator industry is accelerating deliveries")
With help from angel networks, investors get to back rising startups
Angel networks allow people to make collective investments and bring quality startups to their table
 "With help from angel networks, investors get to back rising startups")
DotPe raises about Rs 200 crore from PayU, Google, Info Edge Ventures
IT startup DotPe on Friday said it has raised around Rs 200 crore in a funding round led by Naspers firm PayU along with participation from Google and Info Edge ventures
 "DotPe raises about Rs 200 crore from PayU, Google, Info Edge Ventures")
Startup of the year: Freshworks aims to become a $1-bn company in 5 years
Freshworks has set its sights on increasing revenue to over $1bn inthe next five years as it prepares to take advantage of the vast untapped SaaS market
 "Startup of the year: Freshworks aims to become a $1-bn company in 5 years")
Sebi eases listing norms for startups; alters regulations on delisting
Pre-listing holding period reduced from 2 years to 1 year; open offer trigger relaxed from 26%to 49%
 "Sebi eases listing norms for startups; alters regulations on delisting")
Sequoia Capital India closes $195-million seed fund to foster start-ups
69 startups in four cohorts have received a combined $172 million
 "Sequoia Capital India closes $195-million seed fund to foster start-ups")
Dukaan simplifies inventory management with Magic Upload
With the new feature, inventory uploading time to reduce by 1/10th of original time for retailers, claims startup
 "Dukaan simplifies inventory management with Magic Upload")
Fintech start-up Khatabook acquires Biz Analyst for $10 million
Khatabook will offer its customer base of over 10 million monthly active merchants an opportunity to scale up businesses
 "Fintech start-up Khatabook acquires Biz Analyst for $10 million")
Swiggy announces Covid-19 vaccine cover for 200,000 delivery partners
Swiggy, the on-demand delivery platform on Wednesday announced that it will vaccinate over 2,00,000 delivery partners against Covid-19
 "Swiggy announces Covid-19 vaccine cover for 200,000 delivery partners")
