Page 112 - Start Ups

Drip Capital raises $175 mn to enter new markets like South Asia, LatAm

Funds raised include $40 mn in Series C and $135 mn in warehouse debt. With this, Drip Capital has raised $525 mn in all via equity and debt

Lovelocal raises $18mn in pre-series B round led by Vulcan Capital

LoveLocal, which has grown 40x since inception is changing how India shops by empowering local retailers and is digitising the $1.1 trillion unorganised retail market

Nykaa raises Rs 2,396 crore from anchor investors ahead of IPO

The company has decided to allocate a total of 21,296,397 equity shares to anchor investors at Rs 1,125 a share, aggregating to Rs 2,395.84 crore

Hyperlocal ecommerce start-up LoveLocal raises $18 mn in pre-Series B round

The company claimed that this is the largest round ever raised by a solo woman tech founder in India

Fintech software provider Hypto raises $3 mn from Stellaris, 3one4 Capital

The platform has processed over 55 million transactions totalling over $15 billion and currently works with over 10 banks

B2B auto parts startup Koovers raises $1.5 mn in Inflection Point-led round

Koovers assures workshops of spares with ease of ordering, doorstep delivery, genuine and complete basket of parts of all car makers; has over 5,000 workshops in network

Decoded: What are the various types of start-up investors?

You hear about various kinds of fundraising - angel investments, series A, B, C, and more. And then there also are incubators, accelerators, PE-VC investors, etc. How do these differ from one another?

Neobanking startup Zolve raises $40 million at $210 million valuation

The neobank has seen 70,000 sign-ups on its platform and has 6,000 monthly active users

DeHaat raises $115 million in Series D from Sofina, Lightrock and Temasek

DeHaat's services include distribution of high-quality agricultural inputs, customised farm advisory, access to financial services, and market linkages for selling their produce

Why the P2P lending segment is staging a strong comeback after a lull

Initiatives to make returns more attractive and spread risks in order to keep the default rate low for individual lenders have spurred interest in this segment once again

These goldsmith-techies use dynamic pricing to help businesses max revenues

Anshu Jalora and Vijeta Soni's firm Sciative uses AI, automation and big data to set movie ticket prices, and bus and airline fares, based on the demand curve for these services and products

Inside Curefoods: How Ankit Nagori is building a Thrasio of cloud kitchens

Curefoods wants to be a $100-million revenue business by the end of 2022-23

Space tech startup Dhruva raises Rs 22 cr to launch satellite solutions

The firm is gearing up to launch new offerings like Satellite as a Service, Space-Grade Solar Arrays and Ground Station Solutions, both nationally and globally

Teachmint raises $78mn in Series B led by Rocketship.vc and Vulcan Capital

New round brings firm's total raise to $118 mn. Funds will be used to strengthen Teachmint's proprietary classroom tech and for global expansion

Meesho charts disruptive strategy, to deliver free in non-tier 1 towns

The move is expected to challenge the big players in the sector which include Jio Mart, Tata's Big Basket, Amazon, Grofers, and others

Groww's valuation hits $3 bn as start-up raises $251 mn in Series E round

ICONIQ Growth leads $251-mn fundraise in start-up which has over 20 mn users

Fintech startup Clear raises $75 mn in funding at valuation of $700-800 mn

Company says its SaaS platform has grown 5x in the past 18 months

EduTech startup HomeSkul launches afterschool e-learning App

EduTech startup HomeSkul has launched the first home-grown afterschool e-learning app which provides AI and Augmented Reality (AR) -powered personalised learning experience for students.

3D printed construction startup Tvasta receives Rs 3 cr investment

Tvasta is an IIT-Madras incubate, started in the 3D printed home segment

Ronnie Screwvala's edtech startup upGrad eyes a global learning curve

The company wants to be among the world's top six edtech companies by 2025. Here's how it plans to get there