Page 142 - Start Ups

Logistics firm Shiprocket raises Rs 200 crore in series C funding round

Investors included Silicon Valley based venture capital firm Tribe Capital

Shiprocket raises $27 mn from Silicon Valley's Tribe Capital, March Capital

The e-commerce shipping firm processes more than 4 mn monthly shipments, enabling more than 100,000 sellers to sell directly to their consumers across India

Goal-setting co Ally.io raises $50 mn from Greenoaks, Tiger Global, others

At a time when the pandemic has accelerated the adoption of technology among enterprises, Ally.io grew revenues by 3.3x.

Startup founders must aim to create institutions, not just valuations: PM

Modi on Wednesday urged India's startup founders to think how to create institutions and not focus on valuations alone

This entrepreneur's sleep-tech firm became a Rs 2,000 cr brand amid Covid

His business has accelerated three-fold as people work from home during the pandemic and are investing in their health

HealthifyMe eyes $400 million revenue run rate by March 2025

The firm said it has seen a significant acceleration in business with a strong growth in user base

Pivot or perish: How three young startups absorbed the Covid shock

They not only withstood the onslaught but scaled new heights too. A Nasscom survey of 250 enterprises last year says over half were looking to diversify seeking new growth opportunities

KreditBee concludes $75 mn funding round from Premji Invest, others

The fintech lending firm's objective is to provide credit to over 180 million new-to-credit customers who were not provided formal credit earlier

Top headlines: 10 Indian startups may get $10 bn in IPO, IBC set to resume

Bitcoin reached a new record on Sunday, rising above $49,000 for the first time. Read Business Standard's top stories here

Tonbo bags multi-million-dollar deal for indigenising Indian missiles

Night-vision startup, which is backed by investors such as Artiman and Qualcomm, has an overall sales pipeline of over $2.5 bn with a near-term execution visibility of $300 mn

Fintech unicorn Razorpay to hire 650 employees in next 10 months in India

The firm announced plans to hire 650 employees across technology, product and business teams in the next 10 months

BharatPe set to become next unicorn after valuation crosses $900 mn

The fintech firm, which competes with players like Pine Labs, Paytm and Mswipe, provides payment technology and digital lending for offline businesses, including kiranas

Koo crosses 3 million users, popularity surges amid Twitter row

Koo has in the last few weeks seen a massive surge in user base as Union ministers and government departments have endorsed the homegrown microblogging platform

India Quotient raises fourth fund worth $80mn for 'game-changing' startups

Venture capital fund has funded close to 70 startups over the last eight years.

MoneyTap launches 'buy now pay later' facility for digital borrowers

Digital lending platform MoneyTap on Wednesday said it has unveiled a 'buy now pay later' facility for its borrowers

Iron Pillar leads $5 mn funding round in no-code automation company Ushur

Ushur uses natural-language processing and no-code automation to deliver 'digital first' customer experience solutions for industries like insurance, finance and healthcare

HDFC Bank invites applications from entrepreneurs for SmartUp grants

The bank will be focusing on start-ups in the education (edtech) and skill development sector this year for the grant

Paytm's Vijay Shekhar, Innov8 CEO invest in startup Supersourcing

Paytm founder Vijay Shekhar Sharma and co-working space provider Innov8 CEO Ritesh Malik have invested in eight-month-old company Supersourcing

Edtech startup Newton School raises $5 million Series A round of financing

The funding round was led by RTP Global

India's internet startups on cusp of IPO, combined value at $180 bn: Report

India's internet startups leaders that operate business ranging from food delivery to e-commerce are now on the cusp of listing, a report said putting their combined value at $180 billion by 2025