Page 12 - Startup

E-commerce firm DealShare's valuation crosses $455 mn after raising $144 mn

The firm, which runs an e-commerce platform for middle and lower-income consumers, expects to hit a $1 bn GMV run rate by year-end and build a 10 mn-strong customer base

Bike taxi startup Rapido plans to ramp up hiring of women captains

India's largest bike taxi platform has also filed for the bike taxi service application with the State Transport Authority in Karnataka

How Zeta acquired Unicorn status in the very first round of funding

Enterprises typically reach the feat at series C or series D, or three to four funding rounds later

WinZO raises $65 mn in Series C round, led by Griffin Gaming Partners

Griffin is making its first-ever investment in India in WinZO

Zoom acquires German startup for ML-based translation capabilities

To bring real-time machine-learning-based translation to the platform, video conferencing app Zoom has signed a definitive agreement to acquire German startup Kites

10club raises $40 mn in one of largest seed rounds in e-comm roll-up space

The funding round was co-led by Fireside Ventures and an international investor active in the space

NIRAMAI COVID screening solution receives funding from UK's CDC Group

NIRAMAI is an investee of Pi Ventures, a fund backed by CDC Group ("CDC", the UK's development finance institution and impact investor)

Content startup Pratilipi raises Rs 20 cr in debt from Alteria Capital

Pratilipi has over 350,000 writers who have published over 4.5 million stories in 10 Indian languages including Hindi, Gujarati, Bengali, Marathi, Kannada, Urdu, and English among others.

Internet seer: Former Buddhist monk preps IPO for crowdfunding startup

Campfire helps individuals and small groups raise funds online, making it the biggest such business in Japan.

IPV leads early-stage investment in FMCG distribution platform Dropshop

The startup is a full-stack platform for FMCG companies to digitise their last-mile distribution such as sales, logistics and credit to retailers.

Swedish startup Klarna raises funds from SoftBank at $45.6 bn valuation

Klarna in March raised $1 billion at a valuation of $31 billion, tripling its price from a previous round in September.

Wellness startup Pee Safe raises Rs 25 cr for R&D, product launches

The brand is also looking at raising Series B funding later this year.

Eightfold AI raises $220 mn from SoftBank Vision fund, valuation doubles

Startup doubles valuation to $2.1 billion in seven months

Cult.fit forays into hardware, acquires fitness equipment startup Tread

Company to set up fitness equipment vertical, sell smart workout bikes in India market

Virendra Sehwag takes cricket coaching online with sports startup Cricuru

Cricuru is an online platform for cricket coaching, which it delivers through a repository of video tutorials by professional cricketers and an AI-powered tool

Urban Company hires new leaders, to on-board over 100 engineers in FY22

The firm also announced the appointment of Amit Das as Vice President, Design and Research

SoftBank fund leads $90 mn Series-D round in SaaS startup Whatfix

Valuation of Bengaluru-based startup triples to touch $600 mn

Food tech startup Daalchini Technologies plans to raise growth capital

Food-tech startup Daalchini Technologies plans to raise growth capital of up to USD 8 million (around Rs 58 crore) in the next 2-3 years to support its growth plans.

TechEagle gets approval to deliver medicines using drones in Telangana

Delivery is being done in collaboration with the Government of Telangana, NITI Aayog and World Economic Forum

IPV leads early-stage funding of Rs 3 cr in music learning startup Spardha

A few US-based HNIs also participated; firm offers personalised courses, has grown 10x in past 12 months of pandemic, with over 5,000 registered users and over 1,300 paid users in India and the US