Page 9 - Startup
Meat startup Licious becomes first Indian D2C unicorn with $52 mn fundraise
Licious has successfully delivered to more than 2 million unique customers to date
 "Meat startup Licious becomes first Indian D2C unicorn with $52 mn fundraise")
Live video startup 100ms raises $4.5mn in seed round led by Accel
100ms provides infrastructure that allows companies to add Zoom-style video conferencing inside their apps.
 "Live video startup 100ms raises $4.5mn in seed round led by Accel")
Tekion raises $250mn in Series D funding round; valuation nearly triples
The round was led by Alkeon Capital and co-led by Durable Capital. Other investors include Hyundai Motor and several reputable dealer groups across the US
 "Tekion raises $250mn in Series D funding round; valuation nearly triples")
Bengaluru startup offers three-day work week to attract tech talent
Fintech company Slice is offering new hires a three-day week with salary at 80% of the going market rate
 "Bengaluru startup offers three-day work week to attract tech talent")
The Fuel Delivery plans to raise $4-5 million via Series-A funding
The Fuel Delivery is looking to raise $4-5 million through Series-A funding to expand the business to newer markets.
 "The Fuel Delivery plans to raise $4-5 million via Series-A funding")
Startup Loop Health raises $12 mn from Elevation Capital, Vinod Khosla
The health insurer has grown significantly, insuring over 50,000 members across 150 firms in the past 12 months and growing 50% month-over-month amid the pandemic
 "Startup Loop Health raises $12 mn from Elevation Capital, Vinod Khosla")
Sebi ruling on DVR cheers startups, but can it stop international listings?
Sebi has said that promoters/founders who have net worth of Rs 1,000 crore can now have superior voting rights
 "Sebi ruling on DVR cheers startups, but can it stop international listings?")
Live online tutoring startup Vedantu in unicorn club with $1 bn valuation
Vedantu has raised $100 mn in funding. The firm which is competing with Byju's, Unacademy, Simplilearn, UpGrad and Amazon Academy is also planning an IPO by 2024
 "Live online tutoring startup Vedantu in unicorn club with $1 bn valuation")
Vedantu is India's newest unicorn after $100-mn funding from ABC World
The Bangalore-based startup becomes the fifth Indian edtech unicorn after Byju's, Unacademy, UpGrad and Eruditus, and the third to reach the milestone this year.
 "Vedantu is India's newest unicorn after $100-mn funding from ABC World")
Cashbook raises $2.3mn in seed fund led by JAM, Better Tomorrow Ventures
Kunal Shah, Anupam Mittal and a host of other angel investors also participated in the round
 "Cashbook raises $2.3mn in seed fund led by JAM, Better Tomorrow Ventures")
Glamyo Health raises $3 mn in Series A led by Ananta Capital
The company functions in the area of elective surgeries and claims to have had a 300% surge in business on its platform
 "Glamyo Health raises $3 mn in Series A led by Ananta Capital")
Eupheus Learning acquires edtech startup ClassKlap in $19 mn deal
With this, Eupheus will become India's largest school-focused edtech firm and the only firm in K12 space to operate in both premium and affordable school segments
 "Savings and payments startup Savvy raises Rs 14 cr in Pre-Series A rounds")
Teen career accelerator Clever Harvey raises $1.5 mn in pre-series A round
The funding was led by TechNova Ventures, Tom Varkey and Multiply Ventures, with participation from existing investor, Education Catalyst Fund
 "Teen career accelerator Clever Harvey raises $1.5 mn in pre-series A round")
WeRize raises $8mn in Series A led by 3one4 Capital, Picus and others
WeRize is a full stack provider, developing and distributing a wide range of customised credit, group insurance and savings products for 100 mn homes and 300 mn individuals in 4,000-plus small towns
 "WeRize raises $8mn in Series A led by 3one4 Capital, Picus and others")
Vahdam raises Rs 174 cr from IIFL AMC, Kris Gopalkrishnan's family office
The company, which sells teas, spices and superfoods to the US, Canada and Europe, has raised a total of over Rs 290 crore so far
 "Vahdam raises Rs 174 cr from IIFL AMC, Kris Gopalkrishnan's family office")
Online retail platform Dukaan raises $11 mn in pre-series A round
The round was led by 640 Oxford Ventures, with participation from existing investors Snow Leopard Ventures, Lightspeed Partners, and Matrix Partners India
 "Online retail platform Dukaan raises $11 mn in pre-series A round")
Cross-border sourcing tech startup Geniemode raises $2.25 mn seed funding
It is an end-to-end e-commerce platform to make global sourcing more efficient, convenient across fragmented, tech-strapped supply chains in furniture, home furnishing, fashion.
 "Cross-border sourcing tech startup Geniemode raises $2.25 mn seed funding")
Geniemode raises $2.25 mn in seed funding round led by Info Edge Ventures
The platform ensures order visibility at each step, adherence to strict global quality checks and managing end-to-end supply chain for the buyer thus becoming a one-stop shop for them.
E-learning platform Vidyakul raises $500,000 led by We Founder Circle
Vidyakul is aimed at providing after-school e-learning for the state board students in vernacular languages
 "E-learning platform Vidyakul raises $500,000 led by We Founder Circle")
