Page 111 - Start Ups

Experiential learning app Practically raises $5 mn in strategic investment

The experiential learning app will leverage these investments to expand its operations across India, Middle East and SouthEast Asia

Fintech startup Uni raises $70 mn Series A funding led by General Catalyst

The firm had raised a $18.5 mn seed round in October 2020, while still in stealth mode and its flagship product, the pay later card, Pay 1/3rd card was launched this June

SoftBank Vision Fund 2 leads $60 mn funding for Payments tech firm Juspay

Juspay processes 300 mn online transactions a month with gross value of over $5 bn; has highest number of payment SDK (software development kits) installed on 250 mn mobile phones

Healthtech platform Innovaccer raises $150 mn at $3.2-bn valuation

Company announces new Innovation Accelerators to help customers tackle the most common and high-impact clinical, operational, and financial use cases

Nestasia raises $4 mn in Series A round led by Stellaris Venture Partners

The firm makes and brings over 6,000 products across genres from India and South-east Asia. In a little over two years, it has completed 100,000 orders and has 50,000 customers in 7 countries

ShopConnect raises $1.5 mn pre-series from IBS Software founder V K Mathews

ShopConnect enables brands and retail merchants to build next-gen online stores to give an immersive user experience with features such as live video shopping and hyper-personalisation

Health-tech startup Pristyn Care raises $96 million in Series E round

Health-tech startup Pristyn Care on Wednesday said it has raised USD 96 million (around Rs 730 crore) in Series E round.

Asian cuisine brand MasterChow raises Rs 3.5 cr in seed led by WEH Ventures

Angel investors Aditya Singh and Ravi Shroff also participated; funds to be used to double down on manufacturing capabilities, product development, hiring new talent and geographic expansion

HR tech start-up Skillr raises $1.2 mn from Binny Bansal, Kunal Shah

The funds will be used to build a strong team, boost product development, and co-build powerful hiring solutions with early customers in India and the United States~

Insurance Samadhan raises Rs 5.5 cr in pre-Series A round

The start-up will use the funds to upgrade from offering just claim redressal services to an app providing claim management, insurance portfolio analysis and policy servicing features

Fintech firm BharatX raises $250,000 in pre-seed round led by Java Capital

The funding will help drive BharatX's delivery of seamless Embedded Credit experiences on many consumer-facing platforms, with zero credit risk and zero operational headaches for the platforms

SaaS start-up Spry, led by ex-CTO of Ola, raises $3 mn in seed round

Capital to bolster product development and drive expansion in India and US

EV start-up Ultraviolette raises $15 million from TVS Motor, Zoho Corp

Firm is setting up manufacturing and assembling unit in Electronics City, Bengaluru; will use investment for production and launch of its high-performance e-bike, F77; first batch out in H1 of 2022

Fullife Healthcare gets $22 mn funding from Morgan Stanley Pvt Equity Asia

This round of funding will support Fast&Up and Chicnutrix to expand their domestic presence, enhance manufacturing capabilities and accelerate momentum globally

Walmart-owned Flipkart infuses $145 mn in agritech startup Ninjacart

'With this investment, we are further able to strengthen our grocery footprint,' says Kalyan Krishnamurthy, CEO, Flipkart Group

EV start-up Oben raises $1.5 mn to launch 100% homegrown electric bike

The one-year-old company says it will deliver its first batch of EVs in next six months

Grofers rebrands itself as Blinkit with pivot to instant commerce

Zomato, in July, said it has invested $100 million (around Rs 745 crore) for acquiring a minority stake of over 9 per cent in Grofers

Ed-infra startup Teachmint launches in 25 countries, eyes more markets

Available on both Google Play Store and App Store, its platform has also been localised in languages like Arabic, Thai, Indonesian Bahasa and Vietnamese to meet the needs of educators in those regions

Fintech unicorn Razorpay aims to achieve $90-bn TPV by the end of 2022

The firm powers payments for over 8 million businesses that include Facebook, Ola, Zomato, Swiggy

These tech firms are taking the e-commerce battle to India's hinterlands

How social commerce firms are democratising e-retail by tapping community group buyers from tier-2 and smaller towns across India