Page 131 - Start Ups

Removed 1,253 posts, says Koo in first compliance report under new IT rules

The Bengaluru-based startup said that going forward it will publish the report on the first day of each month

Ratan Tata-backed Mswipe Tech looks to morph into digital SME bank

Firm will scale up value-added services like insurance at point-of-sale terminals, micro ATMs, says new CEO Ketan Patel

WhiteHat Jr data not compromised, says Indian AI vendor Salesken.ai

India-based AI conversational intelligence platform Salesken.ai on Thursday admitted the breach but said that no data was compromised

Meddo Health closes pre-series A round at $6 million led by SRI Capital

Meddo equips OPD clinics with tech-enabled solutions to turn them into full-service medical centres, complete with ERM systems, diagnostic support, medicine delivery services/support

Sequoia's Surge accelerator programme invests $55 mn in 23 startups

With this, the Surge community now has 203 founders, from 91 startups building companies across more than 15 sectors such as fintech, payments, communications, and logistics

Suresh Prabhu calls for greater role of startups in core sectors

Prabhu added that the Indian economy's rate of growth would get accelerated with India's vaccination drive picking up pace, which will revive businesses and, in turn the overall economy

Sequoia-backed logistics company Shipsy eyes expansion in West Asia

Firm already has over 50 clients and about 30% of the revenue coming from the region

EdTech start-up Nalanda Learning raises Rs 40 cr from Aavishkaar Capital

Education technology start-up Nalanda Learning Systems has raised Rs 40 crore from Aavishkaar Capital to expand operations nationally.

CredR raises $6.5 million in its latest round led by Yamaha Motors

CredR has raised $6.5 million in its latest round led by Yamaha Motors, existing investors Omidyar Network India and Eight Roads Ventures, with participation from automotive focused Astarc Ventures

Zomato's $100 million investment to turn Grofers into unicorn: Report

Food delivery app Zomato, which is working to explore public markets later this year, has reached an agreement to invest $100 million in online grocer Grofers for about a 10 per cent stake

9Unicorns achieves fourth close of accelerator fund at $50 million

Commits investments in 59 startups with a combined valuation of $420 million

10club raises $40 mn in one of largest seed rounds in e-comm roll-up space

The funding round was co-led by Fireside Ventures and an international investor active in the space

Airblack raises $5.2 mn funding from Info Edge Ventures, Elevation Capital

Online makeup and beauty learning platform Airblack said it has raised $5.2 million in funding, co-led by Info Edge Ventures and Elevation Capital

NIRAMAI COVID screening solution receives funding from UK's CDC Group

NIRAMAI is an investee of Pi Ventures, a fund backed by CDC Group ("CDC", the UK's development finance institution and impact investor)

Edtech startup upGrad set to join unicorn club with $4-billion valuation

Eyes $400 million at 5 times current value

Homegrown game streaming platform Loco raises $9 million in funding

The seed round was led by South Korean gaming firm, Krafton, as well as Lumikai, an Indian gaming and interactive media fund.

Fintech firm Slice raises $20mn to challenge credit card industry in India

Slice has raised this amount from existing investors Gunosy, Blume Ventures among others.

Game streaming platform Loco raises $9 mn from Lumikai, Korea's Krafton

The round also saw participation by Hashed, Hiro Capital, North Base Media, Axilor Ventures, and 3one4 Capital

Fintech startup slice raises $20 mn from Gunosy, Blume Ventures and others

slice has also launched two new features, which, the firm said, makes the slice super card the best way for millennials and gen z to make payments.

Content startup Pratilipi raises Rs 20 cr in debt from Alteria Capital

Pratilipi has over 350,000 writers who have published over 4.5 million stories in 10 Indian languages including Hindi, Gujarati, Bengali, Marathi, Kannada, Urdu, and English among others.