Page 15 - Startups

Veera Health raises $3mn in funding led by Surge, Global Founders Capital

Digital health startup for women offers nutrition therapy, lifestyle coaching and doctor support.

16 unicorns, $11bn funding: Indian startups rise sans Chinese money

The great Indian tech startup story is being rewritten amid the Covid-19 pandemic as traditional sectors still bear the brunt.

A new 'Day Zero', says Zomato Co-founder Deepinder Goyal on listing

In a blog post titled "Letter from Deepi," he said Zomato will not alter the firm's focus for short term profits at the cost of the long term success of the company

Trucking startup BlackBuck's valuation crosses $1 bn, joins unicorn club

BlackBuck, which digitises fleet operations for the truckers, will use these funds to further penetrate the market and launch new service offerings for its customer base

Byju's acquires US-based digital reading platform Epic for $500 mn

The acquisition will help Byju's expand its US footprint; firm seeks to become a natural part of America's learning culture

D2C personal care brand Beco raises Rs 4 cr seed led by Climate Angels Fund

With the added capital support, Beco aims to quadruple sales and encourage consumers to switch to sustainable living through their eco-friendly product range

Is the pandemic a silver-lining for startup accelerators and incubators?

Latest data from EY show PE and venture investment in startups doubled in H12021 to $6 bn. With more activity in the market, ancillary businesses like accelerators and incubators also thrived

With an eye on online shoppers. YouTube buys social commerce startup simsim

The simsim app serves as a platform to connect local businesses, influencers and customers. The company had raised $16 million in 2020

BMW bikes to T20 WC tickets: What BharatPe is offering to its tech joinees

The bike and gadget package is available to anyone referring tech talent to company

104 startups registered on Startup India Showcase platform: Centre

As many as 104 startups from different sectors have been registered on the Startup India Showcase platform

Edtech firms MPOWER, Credenc get $125 mn in funding for business growth

The companies work with Indian students going abroad for education, partner with colleges and companies.

Razorpay acquires TERA Finlabs; bags third firm in less than 3 years

TERA Finlabs is a Bengaluru-based startup that provides technology, risk and capital solutions.

Globus Infocom expects to grow business by 70% to Rs 350 cr by FY22

Digital classroom solutions company Globus Infocom expects to grow business by around 70 per cent to Rs 350 crore by the end of the current financial year

Valuation of Indian unicorns to rise manifold amid pandemic: Experts

Experts say large funding rounds and valuations demonstrate significant interest from global investors, including sovereign funds, private equity and crossover funds

Robinhood gives founders second chance at $1.4 billion windfall

The company had agreed to award CEO Vladimir Tenev and chief creative officer Baiju Bhatt 13.8 million shares contingent on its share price reaching certain price levels at the time of its IPO

Virat Kohli-backed insurance startup hits $3.5-bn value after fresh funding

The company is raising $200 million from Sequoia Capital India, existing investor Faering Capital Pvt and others

Suresh Prabhu calls for greater role of startups in core sectors

Prabhu added that the Indian economy's rate of growth would get accelerated with India's vaccination drive picking up pace, which will revive businesses and, in turn the overall economy

Nua raises $7.1mn in funding from Lightbox, Deepika Padukone and others

Women's hygiene brand Nua on Monday said it has raised USD 7.1 million (about Rs 52.6 crore) funding, led by existing investor Lightbox Ventures. The pre-series B round also saw participation from Bollywood actor Deepika Padukone, former president (Global Foods, Home & Personal Care) at Unilever, Vindi Singh Banga, and Kamini Banga of the Banga family office, along with Kae Capital. Padukone will also work closely with Nua to ideate and create new wellness solutions, a statement said. Nua had previously raised USD 4 million in 2019 from Lightbox Ventures and Kae Capital, it added. With Nua, women can get recurring doorstep deliveries of sanitary pads and other healthcare products at their chosen frequency. The company has an online community and customers of over 4 lakh women. "Our approach from the beginning has been to focus on building holistic solutions comprising safe products, tailored content, and a community that women can lean on for all things wellness. This approach has

Fintech firm Slice raises $20mn to challenge credit card industry in India

Slice has raised this amount from existing investors Gunosy, Blume Ventures among others.

Lenskart's launches Vision Fund for select startups in eye-care space

To invest $2 million in each enterprise, nurture innovations disrupting eyewear, eye-care and omni-channel retail