Page 128 - Start Ups

SaaS platform Bookee raises pre-seed funding from Antler India, others

Founded in 2020 by Vistar Singh and Rajat Hans, Bookee is a complete business solution developed with the needs of fitness entrepreneurs at its core

In a first, BASF Venture Capital GmbH invests in Indian startup UrbanKisaan

Conceptualised in 2017, UrbanKisaan operates several suburban greenhouses and vertical indoor farms in Hyderabad and Bangalore

AdmitKard raises Rs 10 cr in pre-series A round from startup founders

The pandemic certainly wreaked havoc on the start-up industry, however, ed-tech has been one of the sectors to witness growth in traction

Pankhuri raises $3.2mn from Surge, India Quotient and Taurus Ventures

Pankhuri is a platform for women in India to network, learn and shop through live streaming, chat, and cohort-based sessions

Flipkart's valuation crosses $37.6 bn after raising $3.6 bn in funding

Flipkart is now among the 10 largest e-commerce companies in the world by valuation, according to experts

Social commerce firm Trell raises $45 mn in series led by Mirae Asset, H&M

It is first Indian investment by H&M Group, company that owns fashion retail brand H&M, COS, and Monki

Meat startup TenderCuts enters Bengaluru, to add 10 stores by year-end

Firm follows omni-channel model; the order a customer places for a product is directed to nearest TenderCuts store and the butcher slices the meat only after the order is received

Ola Electric raises $100 mn in long-term debt from Bank of Baroda

The company has claimed this to be the largest long-term debt financing agreement for the Indian EV industry

Temasek, Warburg Pincus, Bhavish Aggarwal invest $500 mn as Ola plans IPO

This is amongst the largest investments in the Indian consumer internet space by these funds and is a testament to the robust and resilient business built by Ola

Construction mgt app Powerplay raises $5.2 mn from Accel, Surge and others

Powerplay is a free mobile app that connects multiple stakeholders involved in construction, enabling them to communicate and collaborate more efficiently

E-commerce firm DealShare's valuation crosses $455 mn after raising $144 mn

The firm, which runs an e-commerce platform for middle and lower-income consumers, expects to hit a $1 bn GMV run rate by year-end and build a 10 mn-strong customer base

CRMNEXT raises $16 million from Avataar Ventures, Ascent Capital

Startup provides enterprise solutions for banks and financial services companies, has offices in 11 countries

Edtech firm upGrad earmarks $250 mn for M&A, non-linear growth

upGrad is set to cross $500 million annual revenue run rate by March 2022 and is looking to raise close to $400 million at a $4 billion valuation.

DanaMojo raises over Rs 3 cr in funding from Rohini Nilekani, Social Alpha

DanaMojo is a payments solution platform for NGOs

Chiratae Ventures starts seed initiative to enable faster access to capital

Chiratae has also introduced an application form and a dedicated website to make the process even simpler for early-stage founders

Fintech firm Pine Labs closes $600 mn fundraise, eyes IPO in 18 months

With the current close, the valuation of the firm stands at $3 billion.

D2C player MyGlamm emerges stronger from setbacks, plans to float IPO

The company, which saw investors pull out of a fund raise as the pandemic struck, is now eyeing an annual revenue run rate of Rs 600 cr by this December

How startups are creating Uber-like ambulance experience during pandemic

These companies have seen 2-3x growth in the past one year as timely medical response becomes key in saving lives

Bike taxi startup Rapido plans to ramp up hiring of women captains

India's largest bike taxi platform has also filed for the bike taxi service application with the State Transport Authority in Karnataka

Digital solutions firm Whatfix announces $4.3 mn for ESOP buyback

Digital adoption solutions provider Whatfix on Tuesday said it has implemented its maiden employee stock ownership plan (ESOP) buyback of $4.3 million