Page 123 - Start Ups
SaaS startup Everstage raises $1.7 mn seed funding led by 3one4 Capital
Everstage helps companies drive performance of their customer-facing teams through its no-code sales commission automation platform. Some of the early customers include SaaS unicorns
 "SaaS startup Everstage raises $1.7 mn seed funding led by 3one4 Capital")
Doxel raises $40 mn in Series B funding from Insight Partners, others
The funding would help Doxel to accelerate recruiting across its engineering, sales, marketing and product teams
 "Doxel raises $40 mn in Series B funding from Insight Partners, others")
Meesho becomes India's most downloaded app across all categories
According to Meesho, the app has seen over 100 million downloads, that's a tenfold jump in a year
 "Meesho becomes India's most downloaded app across all categories")
Dream Sports' VC arm announces $250 mn corpus to invest in startups
As the corporate venture capital and M&A arm of Dream Sports, DreamCap will follow a multi-stage investment strategy ranging from $1 million to $100 million ticket sizes.
 "Dream Sports' VC arm announces $250 mn corpus to invest in startups")
Logistics-tech start-up Pickrr raises $12 million in Series B round
The start-up will use the funding to drive product development and expand its network of fulfilment centres across the country
 "Logistics-tech start-up Pickrr raises $12 million in Series B round")
Edtech platform BlueLearn raises Rs 3.25 cr in pre-seed funding round
BlueLearn was founded earlier this year by Harish Uthayakumar and Shreyans Sancheti who are currently in their final year of electrical engineering at BITS Pilani
 "Edtech platform BlueLearn raises Rs 3.25 cr in pre-seed funding round")
Startup Wiz Freight gets $3.5 mn in seed funding from Axilor, others
Digital freight management platform Wiz Freight has raised USD 3.5 million (about Rs 26 crore) in seed funding led by Axilor.
 "Startup Wiz Freight gets $3.5 mn in seed funding from Axilor, others")
Japan's TechnoPro acquires Udupi-based Robosoft for Rs 805 crore
Robosoft will continue to be led by its current management team, headed by chief executive officer Ravi Teja Bommireddipalli who is also being elevated to managing director and CEO.
 "Japan's TechnoPro acquires Udupi-based Robosoft for Rs 805 crore")
Ronnie Screwvala's edtech startup upGrad a unicorn; valuation tops $1.2 bn
Closes a series of raises from Temasek, IFC and IIFL, mopping up a total of $185 million
 "Ronnie Screwvala's edtech startup upGrad a unicorn; valuation tops $1.2 bn")
Log 9 Materials raises $8.5 mn as part of Series A+ round led by Amara Raja
Amara Raja Batteries invests $5 mn; existing investors Exfinity Ventures and Sequoia Capital India's Surge Programme, alongside a clutch of new investors also participate
 "Log 9 Materials raises $8.5 mn as part of Series A+ round led by Amara Raja")
Edtech firm upGrad becomes new unicorn at $1.2 billion valuation
The company raised fresh funds to tune of $185 mn from Temasek, IFC and IIFL
 "Edtech firm upGrad becomes new unicorn at $1.2 billion valuation")
Log 9 Materials raises $8.5 mn in funding round led by Amara Raja Batteries
Advanced battery-tech start-up, Log 9 Materials on Monday said it has raised USD 8.5 million (around Rs 63 crore) in a funding round led by Amara Raja Batteries.
 "Log 9 Materials raises $8.5 mn in funding round led by Amara Raja Batteries")
Best platforms seeing biggest spike in new users: Zerodha's Nithin Kamath
Nithin Kamath says that a lot of first-time users, who have entered the markets after Covid are increasingly investing in mutual funds, exchange-traded funds, and stocks for their long-term goals
 "Best platforms seeing biggest spike in new users: Zerodha's Nithin Kamath")
Bike taxi startup Rapido aims to add 500,000 autos across India by year-end
The firm said it is expanding its auto service to Bengaluru, taking the service to a total of 26 cities in the country
 "Bike taxi startup Rapido aims to add 500,000 autos across India by year-end")
Post fundraise, bicycle sharing startup MyByk eyes public transport linkage
Looks to partner with state govts in its endeavour to transform into a Mobility as a Service (MaaS) platform
 "Post fundraise, bicycle sharing startup MyByk eyes public transport linkage")
Sonu Sood launches rural B2B travel tech platform Travel Union
With a mission to support, digitally empower and build a leading travel agent community in rural India at zero investment, the firm aims to be the largest rural digital travel services platform
 "Sonu Sood launches rural B2B travel tech platform Travel Union")
Eat Better raises undisclosed funding from GetVantage to fuel expansion
The funds will be invested to fuel expansion by focusing on marketing and new product launches in the coming months
 "Eat Better raises undisclosed funding from GetVantage to fuel expansion")
SoftBank Group funding turns India start-up Mindtickle into unicorn
The latest funding takes the total capital raised to $281 million, including a $100 million round last November that was also led by SoftBank
 "SoftBank Group funding turns India start-up Mindtickle into unicorn")
Karan Bajaj, who sold WhiteHat Jr to Byju's for $300 mn, decides to move on
Hands over baton to Trupti Mukker, a top executive at WhiteHat Jr and his classmate from IIM-Bangalore
 "Karan Bajaj, who sold WhiteHat Jr to Byju's for $300 mn, decides to move on")
Conversational AI firm yellow.ai raises $78.15 mn in Series C round
The company's AI-powered bots deliver automated customer experience on over 35 chat and voice channels, across more than 100 languages, handling over a billion interactions every quarter
 "Conversational AI firm yellow.ai raises $78.15 mn in Series C round")