Page 30 - Start Ups

Everhope Oncology secured $10 million seed funding for expansion

This is the largest healthcare seed round in the last 24 months

Quick commerce players race to grow product lists, footprint, dark stores

In a bid to offer greater convenience, qcom platforms are increasing their presence in smaller cities, besides adding high-end items like Apple products to their product categories

Traditional VC model not enough for deep science: Social Alpha founder

Manoj Kumar, the founder of venture development platform Social Alpha, says that deep science is all about impact first, rather than return first, making it harder to find typical venture funding

Nikhil Kamath's Gruhas, Brigade launch Rs 300 cr realty-focused fund

Both partners have contributed about 15% each to the overall Rs 200 crore Sebi-registered Category II AIF, which includes a Rs 100 crore green-shoe option

Razorpay targets 1.5 lakh exporters on Amazon's Global Selling Platform

Since December last year, Indian merchants part of Amazon's Global Selling programme have been able to collect their global payouts using the company's offering for international bank transfers

Get iPhone in 10 mins: Zepto joins qcommerce race to deliver Apple products

Zepto announced that it will deliver Apple products, including the latest iPhone 16e, AirPods, charging accessories, and more, within 10 minutes

Protectt.ai secures Rs 76 crore from Bessemer to boost mobile app security

The funds raised will be utilised to enhance its AI-driven mobile app security platform and accelerate product innovation

NCLT must take RP's decision into account: Edtech firm Byju's to NCLAT

During the hearing on Monday, Riju Raveendran's attorney told the appellate tribunal that Raveendran had paid Rs 158 crore from his own funds to settle the dispute with the BCCI

Railways clears tracks for India's first 40-kilometre hyperloop project

IIT Madras incubated TuTr Hyperloop to launch the world's first commercial hyperloop technology-based project next month

Edtech firm Imarticus Learning to file DRHP in 4-5 months for IPO plans

Imarticus is currently in advanced discussions with investment banking firms, including IIFL, for its upcoming IPO

Valueattics Reinsurance set to become India's first private reinsurer

So long GIC Re, a public-sector entity, was the only player in the field

IPO-bound Rebel Foods in talks to bring more global brands to India

The company became the master franchisee of American fast food giant Wendy's in 2023. Since then, Rebel has scaled Wendy's to 200 stores, with the latest one opening in Gurugram on Wednesday

Fashion-tech brand Virgio aims to invest $1 mn across 16 stores under plan

On the international front, the fashion-tech brand plans to open two stores in Dubai. It is currently scouting locations and aims to begin operations by the end of 2025

Focusing to scale up business sustainably, says Ather CEO Tarun Mehta

Speaking on the sidelines of TiECon, Mehta stated that Ather's focus remains on scaling its business, as the company is bullish on expanding its market beyond South India

Neobanking startup Zolve secures $251 million funding in equity, debt mix

The company has about 750,000 users and was launched in 2021

Edtech firm Simplilearn plans to relaunch fresher upskilling vertical

The Blackstone-backed firm had shut down its study abroad and fresher upskilling verticals in 2024 as they failed to generate the expected outcomes

Funds under PRIP scheme likely to be sanctioned by August 2025: DoP

The department had last week sought expressions of interest from interested entities for project funding under the PRIP scheme

Family offices, corporate venture capitals clinch a bigger deal slice

These two segments, however, focused on deals under $10 million, which accounted for 60-70 per cent of total deals in 2024

Aakash Educational plans to invest up to Rs 1,000 crore in AI, digital push

New Delhi-based education provider, which started in 1988, is now ramping up its presence in smaller Indian towns, betting on the growing demand for quality coaching in Tier 3 and Tier 4 cities

Swish secures $14 mn in Series A funding from Hara Global and Accel

This funding will support Swish's expansion across Bengaluru, with plans to extend its quick food delivery model to more pincodes in the coming month