Page 117 - Start Ups

Two Tamil Nadu angel networks join hands to fund startups in the state

Both networks will coordinate and plan common pitch sessions on a case-by-case basis, will also support startups in select activities

Startup Ayu Health raises $6.3 mn in funding for expanding services

Ayu got the Series A financing from Vertex Ventures and Stellaris Venture Partners

Digital farm advisory startup BharatAgri raises $6.5 mn in Series A round

BharatAgri offers farmers an app-based platform for AI-based agronomy services on a paid subscription basis

Gaming start-up Mobile Premier League valued at $2.3 bn, joins unicorn club

In February, MPL was valued at $945 million after raising $95 million in a Series D round

B2B networking platform Anar raises $6.2 mn in seed funding round

The Anar business app caters primarily to small-and-medium businesses (SMBs) across the value chain, from manufacturers to retailers and resellers, helping them connect and interact with one another

Apna acquires unicorn status after $100 mn fundraise led by Tiger Global

Owl Ventures, Insight Partners, Sequoia Capital India, Maverick Ventures and GSV Ventures also participate. With this, Apna has a total valuation of $1.1 billion

Eyes in the sky: Drones aim to deliver vaccines, drugs in India amid Covid

The success of these trials could transform the manner in which remote areas get essential healthcare supplies

Shadez raises $200K in pre-series A round led by Inflection Point Ventures

The startup is operating across Mumbai, Pune & Vadodara and has painted over 200 homes in Mumbai till date with over 400,000 sqft

Vahan raises $8 million in funding round led by Khosla Ventures

Blue-collar jobs platform Vahan on Wednesday said it has raised USD 8 million (around Rs 59 crore) in a funding round led by existing investor Khosla Ventures

Mobile Premier valued at $2.3 bn, becomes India's second gaming unicorn

Bangalore-based startup raised capital from investors led by Legatum Capital with participation from Accrete Capital and Gaingels LLC.

PharmEasy buys majority stake in healthcare supply chain start-up Aknamed

API's subsidiary PharmEasy, which is planning an IPO, will acquire 975,937 equity share in the company

B2B edtech Eupheus Learning raises $10 mn in Series C from Lightrock India

Eupheus will use the funds to scale faster, pursue inorganic growth via acquisitions. It aims to democratise access to 21st Century learning solutions to school students

Google, 3one4 Capital, and Temasek invest Rs 453 cr in neo-bank Open

Existing investor Tiger Global also participates in Series C round; Open claims to be one of the country's largest SME banking platforms; last Feb it had processed $11 bn in transactions

This video tech firm plans to enter BFSI, pharma, and a host of other areas

The Gurugram-based company has had double-digit growth during the past few years and of the top-10 OTT players in India, seven are its clients

GTM Buddy raises $2mn in seed round led by Stellaris Venture Partners

The company said it would use the funds for improving its product capabilities and building teams for sales, marketing and customer relations

Microblogging platform Koo to raise headcount to 500 in a year: Co-founder

Homegrown microblogging platform Koo expects to raise its headcount to over 500 people in the next one year, as it looks to hire across engineering, product and community management teams

Addverb to expand robots production in India by 10 times in FY23

Robotics and automation firm Addverb plans to expand its robot manufacturing unit in India to boost its output by around 10 times in the next financial year, a senior company official said

Zomato to stop grocery deliveries from Sep 17 due to poor order fulfillment

The company also said that it believes that its investment in Grofers will generate better outcomes for its shareholders than in-house grocery efforts

Ronnie Screwvala's Unilazer leads $10 mn funding round in Lido Learning

The company plans to use this new round of capital to fuel its aggressive expansion plans in India as well as abroad

Udaan names co-founder Vaibhav Gupta as CEO, eyes IPO in 18-24 months

The other two co-founders, Amod Malviya and Sujeet Kumar, as Board members will actively work with Gupta to ensure the company effectively transitions to a CEO-led structure