Page 127 - Start Ups

Sachin Tendulkar strengthens ties with JetSynthesys with $2 mn investment

The two already have an existing JV for a digital destination for all things cricket called 100MB, and immersive cricket games Sachin Saga Cricket Champions and Sachin Saga VR

Cloud-garage startup Fixcraft raises $1 million in pre-series A round

The brand has already serviced 3,500 customers till date and plans to double the number by the end of the financial year 2021-22

Crypto startup Vauld raises $25 mn in round led by Peter Thiel's fund

Firm said it has seen 124.4% QoQ growth in AUM from 1Q21 to 2Q21. Vauld will leverage the capital to build its team, aiming to fill at least a hundred new roles and further its global expansion

Mortgage firm Easy raises $15 mn in series A, focus on affordable housing

The round was led by private equity firm Xponentia Capital Partners, founded by former Carlyle Group managing director Devinjit Singh

Messaging firm Gupshup raises $240 mn from existing and new investors

This funding round follows the $100 million raise from Tiger Global in April, at a $1.4 billion valuation. Gupshup's valuation remains unchanged post the current round

Ola rewards employees with Rs 400-cr stocks, expands ESOP pool to Rs 3k cr

The initiative by the SoftBank-backed mobility firm is aimed at long term meaningful wealth creation in the run up to IPO.

Paytm Payments Bank achieves milestone of issuing 10 million FASTags

Paytm Payments Bank on Wednesday said it has become the first bank in the country to achieve the milestone of issuing 10 million FASTags

Kalaari Capital firm CXXO announces $10 mn seed fund for women founders

Between January 2018 and June 2020, startups led by women founder-CEOs received only 1.43 per cent of the total capital raised in India

Skymet raises funds to boost tech for accurate forecast of floods, cyclones

Amount will help in setting up more ground observation units in calamity-prone eastern India. Skymet aims to help mitigate risks and provide accurate data to farmers in the region

Skymet raises funds to boost tech for accurate forecast of floods, cyclones

Amount will help in setting up more ground observation units in calamity-prone eastern India. Skymet aims to help mitigate risks and provide accurate data to farmers in the region

India's first venture fund by startup founders launched with $85 mn corpus

The men behind the fund are Girish Mathrubootham of Freshworks, Manav Garg of Eka Software, Shubham Gupta (ex-Matrix) and Avinash Raghava (ex-Accel)

Skymet raises Rs 12cr in debt funding from Northern Arc, Caspian Impact

According to Allied Market Research, need for more accurate prediction has unleashed a wider domain for the global weather forecasting market to grow from $1.2 bn in 2016 to $2.7 bn by 2023

AR-based social media platform Flam raises $3.5mn led by Inventus Capital

Flam brings AR to consumers with FlamCards that print videos on card

Gupshup raises additional $240 mn to expand global footprint

The new funding round follows the $100 million raise from US-based investment firm Tiger Global in April at a $1.4 billion valuation.

ShareChat, Moj valued at $2.88 billion in $145-million fundraise

Investment was led by Singapore state investor Temasek, Moore Strategic Ventures and Mirae-Naver Asia Growth Fund

Bandhoo raises $1.1 mn funding to make labour market more transparent

Construction is a $200 billion market in India and so far hasn't adopted much technology in its operations and Bandhoo is tapping that opportunity.

Beauty brand MyGlamm closes Accel-led funding round at Rs 530 crore

The top-up was led by marquee global venture capital firm Accel along with existing investors

Flipkart Ventures, Tiger Global invest in Thrasio-style venture G.O.A.T

G.O.A.T was founded by Rameswar Misra and Rishi Vasudev, a veteran retail executive, who previously headed Flipkart's fashion business.

SoftBank-backed Unacademy acquires game streaming platform Rheo TV

Unacademy will fully acquire Rheo TV and enable exit of all existing investors; deal value not disclosed

United Spirits, part of Diageo, exits liquor delivery firm Hip Bar

Hip Bar Pvt Ltd had a turnover of Rs 50 lakh in the financial year ended March 31, 2020 and its net worth was Rs 7.76 crore.