Page 134 - Start Ups

CommerceIQ raises $60 million from Insight Partners, others

The startup will be using the funds for international expansion and product research and development

Speciale Invest: A VC fund that bets on disruptive tech at the seed stage

Among its investments are aerospace manufacturer Agnikul, space tech startup AstrogateLabs, The eplane Company, which aims to build all-electric flying taxis

Smart city player Quantela raises $40 mn growth capital from Digital Alpha

Bags the first outcome based project from Kerala government in India

CityMall raises $22.5 mn in funding from General Catalyst, others

Recently, the company has expanded beyond daily-use products like groceries and FMCG products, into fashion, electronics, electrical appliances, cosmetics and others.

India's unicorn tally touches 50, MindTickle the latest entrant

Industry experts have been saying that the Indian unicorn list is expected to only rise as fund houses with access to liquidity are looking at avenues for investment.

Tiger Global, Sequoia lead $25 mn round in financing startup Progcap

Founded by Pallavi Shrivastava and Himanshu Chandra, Progcap has over 300,000 retailers across 50 corporates and has disbursed over Rs 1,500 crore of loans so far

Home fitness startup Portl raises undisclosed amount from Kalaari Capital

Company say it has developed proprietary tool for personalised workouts, nutrition advice.

Grofers co-founder Saurabh Kumar exits co, will continue as board member

The development comes at a time when the SoftBank-backed company is looking at launching an initial public offering (IPO).

BharatPe in talks to raise $250 mn led by Tiger Global, says Report

Fintech major BharatPe, that hit a new high with 106 million monthly transactions in UPI in March this year, is reportedly raising nearly $250 million in its next funding round led by Tiger Global

Vishal Sikka's Vianai raises $140 mn from SoftBank Vision Fund, others

The two year-old startup will use the funding to accelerate the delivery of its human-centered AI platform and products to enterprises worldwide.

JPMorgan, Goldman, two other banks hired by Paytm for proposed $3 bn IPO

The board of the startup, formally called One97 Communications, also approved Morgan Stanley and ICICI Securities Ltd. to help with the sale, the people said, asking not to be identified as the matter

Google Ventures-backed talent engagement startup Sense raises $16 mn

The company specialises in artificial intelligence-driven talent engagement and communication

Tiger Global-backed Apna to expand operations, double headcount by year end

Considered to be the LinkedIn for gig workers, the platform already has 10 million users including delivery riders, sales persons, salon workers, drivers, others.

Jobs platform Apna raises $70 mn from Insight Partners, Tiger Global

With this investment, Apna has now raised over $90 million and is now valued at $570 million, within 16 months of launch

This former Google techie is solving the employability problem using AI

Valued at over $2 billion today, Ashutosh Garg's firm Eightfold AI is being used by large companies, including Fortune 500 clients, to shape up the career paths of their employees

Online education firm Cuemath eyes new funding, $1 billion valuation

Indian online education platform Cuemath plans to raise at least $100 million in a new financing round this year, its chief executive said

IPV leads early-stage investment in FMCG distribution platform Dropshop

The startup is a full-stack platform for FMCG companies to digitise their last-mile distribution such as sales, logistics and credit to retailers.

Jumbotail raises Rs 35 cr from Alteria Capital in venture debt round

This venture debt round comes after a $25 million equity round concluded in January 2021

SimpliContract raises $1.8mn in seed-funding round led by Kalaari Capital

SimpliContract democratises contract authoring and establishes powerful post-signature contract management practices by leveraging AI and NLP

At $16.5 bn, Byju's most valuable startup in India after raising $350 mn

As per CB Insights data, as of June 2021, Byju's is the 11th most valuable startup in the world