Page 12 - Startups

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

Unicorns of tomorrow: Zilingo, Mobile Premier League, Rebel Foods are top 3

India becomes the third largest startup ecosystem in the world

India added three 'unicorns' per month in 2021: Hurun report

India added three 'unicorns' per month in 2021 to nearly double the overall number of startups valued at over USD 1 billion to 51 as of end-August, a report said on Thursday

Invest-tech platform dezrve. raises $7 million in seed funding round

The seed funding round was co-led by Elevation Capital and Matrix Partners India, with participation from investors such as Whiteboard Capital and Blume Founders Fund

Saas startups firming up plans for IPOs to raise capital from market

Software-as-a-service (SaaS) companies seem to be coming off age, with several of them firming up initial public offering (IPO) plans to raise capital from the market.

PM Narendra Modi hails India's start-up culture on 'Mann ki Baat'

PM Modi asserted that it is a sign of India's bright future

Govt to launch special incentive scheme to support 75 start-ups

The government will soon launch a special incentive scheme to support 75 start-ups in areas of telemedicine, digital health and artificial intelligence

Govt launches SAMRIDH Scheme to help startups in the early stage

The SAMRIDH initiative will not only provide funding to startups, but will also help in bringing skill sets together which will help them become successful

Agritech robotics startup TartanSense raises $5 mn in Series-A funding

TartanSense builds small agricultural robots, equipped with AI-assisted computer vision, to help small farms prune expenses and improve incomes

Supply chain firm Delhivery acquires Spoton Logistics for unknown sum

Samara Capital and Xponentia, which together acquired Spoton from IEP in 2018, are making a full exit for cash as part of the deal

D2C fashion firm Bewakoof raises Rs 60 cr in pre Series-B funding

Round was led by InvestCorp with participation from IvyCap Ventures and Spring Marketing Capital; with this the firm has so far raised Rs 170 cr

Fintech startup Khatabook's valuation tops $600 mn after raising $100 mn

The firm is also buying back ESOPs worth $10 mn to acknowledge and reward employees, ex-employees, and early investors

Breathe Well-being raises $5.5 mn in Series A round led by Accel

This round saw the exit of angel investors who have received a 30X exit and early employees being rewarded with ESOPs encashment

Manufacturing startup Zetwerk eyes global expansion, raises $150 mn

The firm aims to grow its revenue by four times in 2021-22, based on a strong order book of Rs 5000 crore

Algo rhythm: Investors take a shine to India's tech startup, says report

Six unicorns have filed for IPOs, of which Zomato got listed

Mobility startup Get My Parking aims to double revenue to $5 mn this fiscal

Mobility start-up Get My Parking is looking to double its revenue to $5 million (about Rs 37 crore) this fiscal

$17.2 bn infused in Indian startups by VC firms during Jan-July: Report

Venture capital firms infused a total of $17.2 billion investment into the Indian startup ecosystem during January-July 2021

Startups raised $6.5 bn in Apr-Jun period, 11 new unicorns created: Report

Indian startups received about $6.5 billion in funding in the April-June 2021 quarter, while 11 of them entered the coveted unicorn club, a report by Nasscom-PGA Labs said

Oyo raises $5 million from Microsoft at $9.6 billion valuation

The company is aiming to transform itself to a global full-stack technology provider for small and mid-sized hotels and homes

Manufacturing startup Zetwerk's valuation tops $1 bn, joins unicorn club

The firm has raised $150 mn in a Series E funding round led by D1 Capital Partners