Page 101 - Start Ups
Wealthy.in raises Rs 56 crore in funding round led by Alpha Wave
Bengaluru-based wealth management platform Wealthy.in on Tuesday said it has raised Rs 56 crore in Series A round of funding led by Alpha Wave Incubation.
 "Wealthy.in raises Rs 56 crore in funding round led by Alpha Wave")
B2B company Mintifi raises $40 mn in Series C funding to expand business
Mintifi works with over 100 leading brands that include Tata Motors, Bridgestone Tyres and Berger Paints for helping their supply chain
 "B2B company Mintifi raises $40 mn in Series C funding to expand business")
In-app gaming merchandising firm Rucept raises undisclosed seed fund
The company's products increase engagement, retention, and profitability for studios and creators.
 "In-app gaming merchandising firm Rucept raises undisclosed seed fund")
Teenagers with out-of-the-box ideas tackling problems through start-ups
These young entrepreneurs are dispelling the myths associated with founders - that one has to be an engineer
 "Teenagers with out-of-the-box ideas tackling problems through start-ups")
This sports tech startup is popularising Kabbadi with cutting-edge content
Kabaddi Adda has also created its own tournament for juniors and uses analytical videos on YouTube to help participants excel in the sport
 "This sports tech startup is popularising Kabbadi with cutting-edge content")
Gaming start-up Atirath raises undisclosed amount in seed fund from Kalaari
The company develops games in casual and strategy genre and is preparing products for the metaverse.
 "Gaming start-up Atirath raises undisclosed amount in seed fund from Kalaari")
Bombay Shaving Company raises Rs 50 cr from GII; to enter Middle East
The company, which is into personal care and hair removal, recently had a Rs 160 crore fund infusion and the latest one takes the overall quantum of money raised in this round to Rs 210 crore
 "Bombay Shaving Company raises Rs 50 cr from GII; to enter Middle East")
Agritech startup EekiFoods raises $2 mn from Avaana Capital, others
It grows high-quality, residue-free Indian staple vegetables through its patent-pending Plant Growth System
Scrut raises $3 mn in seed funding led by Lightspeed, Endiya Partners
Founded in 2021, Scrut's mission is to be a virtual Chief Information Security Officer (CISO), reducing the CTOs and compliance teams' effort in managing iInfosec compliance by ~70%
 "Scrut raises $3 mn in seed funding led by Lightspeed, Endiya Partners")
Headout raises an additional $30 million in Series B financing round
The investment is led by existing investor Glade Brook Capital with the participation of existing investors Nexus Venture Partners, FJ Labs and 500 Startups, among others
Google-backed Dotpe adds 55,000 merchants across country in past 20 days
Has not only managed triple-digit growth, but its retail merchants have clocked 139% spurt in orders; firm has already onboarded 7.5 million retailers across tier-1, 2 and 3 cities
 "Google-backed Dotpe adds 55,000 merchants across country in past 20 days")
How Budget 2022 gives a digital thrust to pandemic-stricken Indian economy
In Budget 2022, FM Nirmala Sitharaman laid an emphasis on digital technologies and start-ups cutting across sectors-from agriculture and education to post offices, banking and more
 "How Budget 2022 gives a digital thrust to pandemic-stricken Indian economy")
How Flipkart is collaborating with academia to solve problems for Bharat
Flipkart is deepening ties in social commerce, machine translation, search and natural language processing with top institutes in the country as it aims to tap next 200 million users.
 "How Flipkart is collaborating with academia to solve problems for Bharat")
Logistics SaaS startup FarEye announces second ESOP buyback programme
Aimed at rewarding and recognizing employees' dedication and hard work in driving FarEye's growth over the last year, this is the company's second buyback and largest to date.
Economic Survey: Number of space start-ups double in 2021
Two-thirds of India's space start-ups have been added in the last two years
 "Economic Survey: Number of space start-ups double in 2021")
Indian startup ecosystem generated over 600,000 jobs: President Kovind
Hailing the Indian startup success story, President Ram Nath Kovind on Monday said the burgeoning startup ecosystem has generated more than 6 lakh jobs to date.
 "Indian startup ecosystem generated over 600,000 jobs: President Kovind")
Industrial B2B startup Moglix's valuation tops $2.6 bn with $250 mn funding
Early investors, who had bet on Moglix at the seed stage, have seen an 80x return on their investment in this B2B commerce firm
 "Industrial B2B startup Moglix's valuation tops $2.6 bn with $250 mn funding")
Akshay Kumar-backed Social Swag raises $3.5 mn in pre series A round
The round has been led by IMEF and Unicorn India Ventures, which has made its maiden announcement in a content creator economy specialist platform
PM Modi lauds youth for taking India to world's top 3 in creating startups
Prime Minister Narendra Modi on Friday said that India's youth has taken the nation to the top-3 in the world in terms of creating startups.
 "PM Modi lauds youth for taking India to world's top 3 in creating startups")
Lee Fixel's Addition leads $14-mn funding in SaaS startup SuperOps.ai
The funding would enable company to disrupt the stagnant managed service providers market and take on legacy vendors with its newly launched AI-powered PSA-RMM platform
 "Lee Fixel's Addition leads $14-mn funding in SaaS startup SuperOps.ai")