Page 122 - Start Ups
Agritech robotics startup TartanSense raises $5 mn in Series-A funding
TartanSense builds small agricultural robots, equipped with AI-assisted computer vision, to help small farms prune expenses and improve incomes
 "Agritech robotics startup TartanSense raises $5 mn in Series-A funding")
Govt launches schemes to support 300 start-ups for creating 100 unicorns
The govt launched a programme to support 300 IT start-ups under which it will provide seed funding, mentorship and market access with a view to creating 100 unicorns out of the selected start-ups
 "Govt launches schemes to support 300 start-ups for creating 100 unicorns")
D2C fashion firm Bewakoof raises Rs 60 cr in pre Series-B funding
Round was led by InvestCorp with participation from IvyCap Ventures and Spring Marketing Capital; with this the firm has so far raised Rs 170 cr
 "D2C fashion firm Bewakoof raises Rs 60 cr in pre Series-B funding")
Work cohesively to create India's own equity capital: FM to India Inc
Govt exploring insurance bonds as alternative to bank guarantees
 "Work cohesively to create India's own equity capital: FM to India Inc")
House of Kieraya raises $15 million in asset financing from TradeCred
House of Kieraya (HoK), known for furniture and lifestyle rental brand Furlenco, on Tuesday said it has raised $15 million from alternative debt platform TradeCred
 "House of Kieraya raises $15 million in asset financing from TradeCred")
John Abraham, others invest Rs 4 crore in icecream maker NOTO
Actor John Abraham and a clutch of venture capital (VC) funds have invested Rs 4 crore in NOTO, the low-calorie and high-protein icecream brand said on Tuesday
 "John Abraham, others invest Rs 4 crore in icecream maker NOTO")
BharaPe enters P2P lending with '12% club', taps NBFCs to sell product
The '12% club' will allow consumers to not only earn up to 12% interest on the funds they invest but also borrow at an interest rate of 12%
 "BharaPe enters P2P lending with '12% club', taps NBFCs to sell product")
Fintech startup Khatabook's valuation tops $600 mn after raising $100 mn
The firm is also buying back ESOPs worth $10 mn to acknowledge and reward employees, ex-employees, and early investors
 "Fintech startup Khatabook's valuation tops $600 mn after raising $100 mn")
Hike raises undisclosed amount, led by Tinder co-founder Justin Mateen
This latest round of funding will be deployed to expand Hike's product strategy along with enabling high-quality hiring across functions
 "Hike raises undisclosed amount, led by Tinder co-founder Justin Mateen")
Breathe Well-being raises $5.5 mn in Series A round led by Accel
This round saw the exit of angel investors who have received a 30X exit and early employees being rewarded with ESOPs encashment
 "Breathe Well-being raises $5.5 mn in Series A round led by Accel")
Smytten raises $6 mn in Series A funding led by Fireside Ventures
With more than 5 million users, Smytten is one of the largest direct-to-consumer sampling platforms in India
 "Smytten raises $6 mn in Series A funding led by Fireside Ventures")
AppsForBharat raises $4 mn in seed fund from Sequoia Capital and BEENEXT
The round also saw participation from WEH Ventures. The funds will primarily be used for product development and hiring tech talent
 "AppsForBharat raises $4 mn in seed fund from Sequoia Capital and BEENEXT")
Unicommerce to increase workforce by 60%, hire over 150 people in FY22
Unicommerce, an e-commerce focused SaaS (software as a service) platform, on Monday said it plans to increase its workforce by 60 per cent, onboarding over 150 people during the current fiscal year
 "Unicommerce to increase workforce by 60%, hire over 150 people in FY22")
Manufacturing startup Zetwerk eyes global expansion, raises $150 mn
The firm aims to grow its revenue by four times in 2021-22, based on a strong order book of Rs 5000 crore
 "Manufacturing startup Zetwerk eyes global expansion, raises $150 mn")
Mobility startup Get My Parking aims to double revenue to $5 mn this fiscal
Mobility start-up Get My Parking is looking to double its revenue to $5 million (about Rs 37 crore) this fiscal
 "Mobility startup Get My Parking aims to double revenue to $5 mn this fiscal")
$17.2 bn infused in Indian startups by VC firms during Jan-July: Report
Venture capital firms infused a total of $17.2 billion investment into the Indian startup ecosystem during January-July 2021
Startups raised $6.5 bn in Apr-Jun period, 11 new unicorns created: Report
Indian startups received about $6.5 billion in funding in the April-June 2021 quarter, while 11 of them entered the coveted unicorn club, a report by Nasscom-PGA Labs said
 "Startups raised $6.5 bn in Apr-Jun period, 11 new unicorns created: Report")
Zetwerk joins unicorn club after raising $150-million in Series E funding
This is the second fundraise for the Bengaluru-based company in 2021
 "Zetwerk joins unicorn club after raising $150-million in Series E funding")
Udaan, Throttle Aerospace trial run of drone delivery of drugs a success
The trial was conducted by Udaan within a 15-km radius at Gauribidanur on the outskirts of Bengaluru by udaan for the last mile delivery of medicines
 "Udaan, Throttle Aerospace trial run of drone delivery of drugs a success")
Oyo raises $5 million from Microsoft at $9.6 billion valuation
The company is aiming to transform itself to a global full-stack technology provider for small and mid-sized hotels and homes
 "Oyo raises $5 million from Microsoft at $9.6 billion valuation")