Page 139 - Start Ups

How India's small truck aggregator industry is accelerating deliveries

The Deloitte study pointed out that in 1991, there was one driver per truck in India, but now at least one in four trucks (27 per cent) lies idle due to lack of drivers

With help from angel networks, investors get to back rising startups

Angel networks allow people to make collective investments and bring quality startups to their table

DotPe raises about Rs 200 crore from PayU, Google, Info Edge Ventures

IT startup DotPe on Friday said it has raised around Rs 200 crore in a funding round led by Naspers firm PayU along with participation from Google and Info Edge ventures

Startup of the year: Freshworks aims to become a $1-bn company in 5 years

Freshworks has set its sights on increasing revenue to over $1bn inthe next five years as it prepares to take advantage of the vast untapped SaaS market

Sebi eases listing norms for startups; alters regulations on delisting

Pre-listing holding period reduced from 2 years to 1 year; open offer trigger relaxed from 26%to 49%

Sequoia Capital India closes $195-million seed fund to foster start-ups

69 startups in four cohorts have received a combined $172 million

Dukaan simplifies inventory management with Magic Upload

With the new feature, inventory uploading time to reduce by 1/10th of original time for retailers, claims startup

Fintech start-up Khatabook acquires Biz Analyst for $10 million

Khatabook will offer its customer base of over 10 million monthly active merchants an opportunity to scale up businesses

Swiggy announces Covid-19 vaccine cover for 200,000 delivery partners

Swiggy, the on-demand delivery platform on Wednesday announced that it will vaccinate over 2,00,000 delivery partners against Covid-19

Dream11 parent touches $5-bn valuation after $400-mn secondary fund raise

This is the largest investment in the Indian sports tech ecosystem to date

Startup Voiro raises $1.8 mn in investment round led by Mela Ventures

This is Mela Ventures' third investment since its first close of the fund in August 2020

Public App raises Rs 300 crore from A91 Partners, existing investors

Social networking firm Public App on Wednesday said it has secured Rs 300 crore in funding from A91 Partners and existing investors

IPV leads seed round in FMCG startup Happy Jars

The startup currently has a turnover of Rs 2 cr in the Rs 250-crore market

Beauty startup Purplle raises $45 mn from Sequoia, Verlinvest, others

'The investment will help to shape Purplle into a multibillion-dollar, digital-first, beauty and personal care enterprise,' said Manish Taneja, Co-founder & CEO Purplle.

Fintech startup KreditBee raises $70 mn from TPG arm, Motilal Oswal

KreditBee gives out an average credit of Rs 12,000 to self employed users and Rs 25,000 to salaried people

Creative minds that rode global brands to build businesses amid Covid

E-commerce giants Etsy and Amazon have been very supportive of these entrepreneurs, who sell anything from jewellery made from concrete, to maternity gowns, to premium decals for tiles and walls

eat.fit no flash in the pan as Ankit Nagori gets success menu right

A failed venture, a tryst with Flipkart, and a Covid blow, the Cure.fit co-founder is hungry for more

D2C fashion brand Bewakoof raises Rs 30 cr from IvyCap Ventures

Founded in 2012, Bewakoof claims to have registered revenue of over Rs 200 crore in financial year 2019.

Cashify announces ESOP buyback plan worth $1 million for employees

Cashify is a re-commerce marketplace that sells and buys used electronic gadgets

Startup A-listers buy out Chinese investor Shunwei's stake in Koo

Koo has so far raised $4.1 mn in Series A funding from existing investors Accel, Kalaari Capital, Blume Ventures and 3one4 Capital.