Page 2 - Startup
Financepeer raises $31 mn in funding led by QED Investors, Aavishkaar
This is the second funding for the city-based startup, which is the industry leader with over 40 per cent externally-funded education fee market
 "Financepeer raises $31 mn in funding led by QED Investors, Aavishkaar")
Saudi food startup raises $ 170 mn from Sequoia Capital India, others
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
 "Saudi food startup raises $ 170 mn from Sequoia Capital India, others")
Healthcare insurer Loop raises $25 mn from Vinod Khosla, others in Series B
The round comes just six months after Loop raised a $12 million Series A, bringing total mop up till date to $40 mn
 "Healthcare insurer Loop raises $25 mn from Vinod Khosla, others in Series B")
EVage eyes a first mover advantage with launch of one-tonne e-delivery van
The Mohali-based all-electric vehicle startup took nearly seven years to develop, test and validate Model X; roll out likely year-end
 "EVage eyes a first mover advantage with launch of one-tonne e-delivery van")
Performance management startup Mesh raises $11 mn for US, APAC expansion
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.
 "Performance management startup Mesh raises $11 mn for US, APAC expansion")
AI-based content firm Instoried raises $200 mn from GEM, seeks to go public
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
 "AI-based content firm Instoried raises $200 mn from GEM, seeks to go public")
 "India's Leading Business Stalwart Backs Delhi's Hemp Startup")
Gaming studio Bombay Play raises $7 mn in Series A funding led by Kalaari
With the capital raised, the company plans to invest it in scaling its existing 'hypersocial' game offerings, supporting upcoming projects while also devoting a sum towards innovation in the segment
Builder.ai raises $100 mn in Series C round to scale up AI capabilities
Funding led by Insight Partners, a New York-based global venture capital and PE firm, brings company's total funding to $195 million across three rounds in all
 "Builder.ai raises $100 mn in Series C round to scale up AI capabilities")
LambdaTest closes $45 million in a venture round led by Premji Invest
Firm's platform is used by over 1 mn developers and testers globally. The company has run more than 100 mn tests since inception, has grown its business by 300% in the past year
 "LambdaTest closes $45 million in a venture round led by Premji Invest")
Qure.ai raises $40 mn from healthcare investors Novo Holdings, HealthQuad
Qure.ai's advanced technology reads and interprets medical images like X-rays, CTs, and ultrasounds in under a minute, making equitable, quality healthcare a reality across the globe
 "Qure.ai raises $40 mn from healthcare investors Novo Holdings, HealthQuad")
Spacetech startup Pixxel raises $25-mn funding led by Radical Venture
The new funding will enable Pixxel to expedite production of the world's highest resolution hyperspectral satellite constellation and to offer industry AI-powered insights
 "Spacetech startup Pixxel raises $25-mn funding led by Radical Venture")
Blacksoil provides $4.5mn in debt funding to three startups
The three startups are Blu-Smart Mobility-an electric shared mobility platform, BigHaat-an agri inputs digital marketplace platform and LoanTap- a fintech offering personal loans
Kochi-based startup launches video solutions to CBSE maths problems
Showans.com, the web portal, has initiated the service explaining answers to multiple-choice questions in video format
 "Kochi-based startup launches video solutions to CBSE maths problems")
CommerceIQ enters unicorn club with $115 mn fundraise in Series D round
Company employs over 150 people out of its Bengaluru office, and is expected to nearly double the headcount by the end of the year
 "CommerceIQ enters unicorn club with $115 mn fundraise in Series D round")
I-T raids Infra.Market; detects undisclosed income of Rs 224 crore
The searches were launched on March 9 at the firm's 23 premises in Maharashtra, Karnataka, Andhra Pradesh, Uttar Pradesh and Madhya Pradesh
 "I-T raids Infra.Market; detects undisclosed income of Rs 224 crore")
Logically raises $24 mn; Vitruvian Partners leads funding round
It has been estimated that fake news is costing the global economy around $78 billion every year and Logically is addressing that problem.
 "Logically raises $24 mn; Vitruvian Partners leads funding round")
Media SaaS company Amagi enters unicorn club with $95-mn investment
Accel leads the financing round along with Norwest Venture Partners and Avataar Ventures
Aerospace startup unveils rover to carry astronauts to Moon, Mars
US-based aerospace startup Venturi Astrolab has unveiled a prototype of an interplanetary rover that is designed to transport cargo and people across the surface of Moon - and eventually, Mars one day
 "Aerospace startup unveils rover to carry astronauts to Moon, Mars")
Iron Pillar Invests in automation firm Jiffy's $53 mn Series B Funding
Jiffy's Series B was led by Eight Roads with participation from existing investor, Nexus Venture Partners, among others
