Page 100 - Start Ups

Dealshare raises $45 mn from ADIA in Series E round at $1.7 bn valuation

Aims for $3 billion of gross revenue run rate and operational profitability in next 12 months

Tech startups struggle to get out of the red amid mktg and staff cost spike

While losses widened by 45% and 55% at fintech peers Paytm and PB Fintech, respectively, food delivery firm Zomato remained in the red despite narrowing its net loss by 81%

Edtech startup LEAD announces ESOP liquidation plan of $3 mn for staff

Edtech start up LEAD on Wednesday announced an ESOP Liquidation Plan of about USD 3 million (about Rs 22.5 crore) for its employees.

Kenko Health raises $12 mn in Series A funding led by Sequoia Capital

Plans to utilise funds for acquiring customers, product development and building leadership team

Glance raises $200mn from Jio Platforms; partners with Reliance Retail

Will use funds for expanding into global markets such as the US, Russia, Brazil and Mexico

Cleantech start-up Sistema.bio raises $15 million in Series B round

Financing will strengthen partnerships and distribution, carbon reduction activities, R&D efforts and overall operations in LATAM, Africa, and Asia-Pacific

Slice, a fintech unicorn, completes ESOP buybacks worth Rs 65 crore

Slice had in November last year raised $220 million in a Series-B round that valued the fintech company at over $1 billion

Asia Healthcare Holdings raises $170 mn from Singapore's GIC

To date, Asia Healthcare Holdings has invested approximately $200 million across single specialty healthcare enterprises in oncology, mother and child care, and fertility.

Bizongo: B2B e-commerce start-up completes ESOP buyback worth $3.7 mn

Nearly 70 per cent of all eligible former and current employees of Bizongo opted to liquidate their ESOPs

Shark Tank: 13-yr-old girl's anti-ragging app gets Rs 50 lakh funding offer

The investors in Jolly's idea are Anupam Mittal, founder and CEO of People Group (Shaadi.com) and Aman Gupta, co-founder of boAt

'As $35 bn flows into start-ups, total deals soar 40% to $115 bn in 2021'

Of the total PE money, as much as USD 35 billion were pumped into start-ups alone: PwC India report

Over $7 billion raised by Indian start-ups in Q4 2021, says report

More than USD 7 billion was raised by Indian start-ups during the fourth quarter of 2021, which was 18 per cent higher than the previous sequential quarter, according to a report.

Indian AI-SaaS start-ups can create $500 bn of market value by 2030: Report

India's increasing role in the global AI market could create employment for around 4.5 million people, says a study by venture capital firm Stellaris and International Finance Corporation

Logistics start-up Xpressbees raises $300 mn to become 8th unicorn of 2022

There have been four unicorn fundraises this week (including Xpressbees)

SaaS start-up Oloid raises $12mn in funding for product, tech talent

The Series A funding brings Oloid's total raised since inception to $17 mn. It will be used to help expand Oloid's retrofit access control products portfolio and teams in Bangalore and Silicon Valley

Leadership coaching company Peakperformer raises $3mn in seed fund

The funds will be used for new markets, hiring talent and technology development.

Bugworks Research gets $18mn funding as it scales up clinical research

The Series B1 financing was led by Lightrock India

xto10x Technologies raises $25 mn in funding round led by Binny Bansal

Company helps start-ups to scale up business and it focuses on learning programme, software tools and operating capabilities

IFC-backed Mintifi raises $40 million from Norwest Venture, Elevation

The IFC-backed Mintifi, a B2B-focused buy-now-pay-later platform, has raised USD 40 million (about Rs 300 crore) in its series-C round led by Norwest Venture Partners and Elevation Capital

Digital meeting platform Airmeet raises Rs 260 cr in series-B funding round

Digital meeting platform Airmeet on Tuesday announced to have raised Rs 260 crore in series B funding from new as well as existing investors.