Page 97 - Start Ups
Over 10 Indian start-ups may mop up at least $10 billion in IPO rush
Market boom, success of global start-ups key drivers
 "Over 10 Indian start-ups may mop up at least $10 billion in IPO rush")
Byju's in talks to raise up to $700 mn, valuation may cross $15 bn
The funding is expected to help Byju's to fund its acquisitions, including the up to $700 million deal to buy Aakash Educational Services, according to sources
 "Byju's in talks to raise up to $700 mn, valuation may cross $15 bn")
Byju's in talks to acquire US-based reading platform Epic: Report
Deal could help acquirer deepen US footprint. Epic's platform has 40,000 popular, high-quality books from 250-plus publishers. It aims to fuel curiosity and reading confidence in kids 12 and under
Byju's acquires Aakash Educational Services for $1 billion over Zoom call
With over 215 centres and a student count of more than 250,000, Aakash provides test preparatory services to students preparing for a host of competitive exams
 "Byju's acquires Aakash Educational Services for $1 billion over Zoom call")
Indian edtech giant Byju's expands globally, launches Future School
Byju's Future School will be available in the US, UK, Australia, Brazil, Indonesia and Mexico in May and will progressively expand to more geographies in the near future
The rise & rise of Byju's: The edtech startup's journey explained
In this podcast, we explained the reasons behind Byju's rapid surge in valuation and funding and company's future plans to tap global markets. Tune in
'My mission is to bridge skilling gap in workforce,' says Eruditus CEO
The start-up, which closed $650 million funding at $3.2 billion valuation from Softbank and Accel, operates in the re-skilling space
 "'My mission is to bridge skilling gap in workforce,' says Eruditus CEO")
Fintech firm BharatX raises $4.5mn in seed round to expand business
The company works with brands and websites to provide a credit feature in their apps to serve customers.
 "Fintech firm BharatX raises $4.5mn in seed round to expand business")
Shopflo raises seed funding of $2.6 mn from Tiger Global and TQ Ventures
First time that Tiger Global has invested in a startup at pre-product stage
 "Shopflo raises seed funding of $2.6 mn from Tiger Global and TQ Ventures")
HR tech startup Hono raises over Rs 38 cr in funding led by Aakash Chaudhry
Hono is looking to leverage the fresh corpus of funds to expand operations across India, the Middle East, and Southeast Asia, increase market footprint and strengthen its product offering
 "HR tech startup Hono raises over Rs 38 cr in funding led by Aakash Chaudhry")
Upskilling platform Josh Talks raises $3.5 mn from Ankur Capital, others
The firm previously raised $1.5 mn from the New York-based Media Development Investment Fund (MDIF)
 "Upskilling platform Josh Talks raises $3.5 mn from Ankur Capital, others")
ForeignAdmits raises Rs 3.26 crore from Unicorn India Ventures, others
This is the second investment by UIV in Foreign Admits. It had raised a seed round from Unicorn India recently, taking total fundraise to over $1 million
 "ForeignAdmits raises Rs 3.26 crore from Unicorn India Ventures, others")
President Kovind bats for entry of startups into education, health sectors
Kovind was addressing a gathering here in Maharashtra after inaugurating the permanent campus of the Indian Indian Institute of Management (IIM) Nagpur. The premier institute was established in 2015.
 "President Kovind bats for entry of startups into education, health sectors")
Explained: Why India is adding unicorns at a slower pace than 2021
According to a recent survey by Iron Pillar Funds, India is set to have 250 unicorns by 2025
 "Explained: Why India is adding unicorns at a slower pace than 2021")
JPIN launches funds worth $150 mn to promote startups in India, worldwide
The company's investment plans aim to connect start-ups and small businesses worldwide to encourage innovation.
 "JPIN launches funds worth $150 mn to promote startups in India, worldwide")
Redcliffe Lifetech raises $61 mn for expansion; LeapFrog Investments leads
The funding to Redcliffe Lifetech would help the diagnostic platforms to expand access to affordable, high-quality diagnostic tests across India, especially in tier 2, 3, and 4 cities
 "Redcliffe Lifetech raises $61 mn for expansion; LeapFrog Investments leads")
MPL launches Mayhem Studios to step up development of mobile games
The studio will have a team of professionals in the area of animation, art, cinematics, design, engineering, UI and UX game design and game production.
 "MPL launches Mayhem Studios to step up development of mobile games")
Fintech Kaleidofin raises 2nd tranche of $15 mn Series B equity funding
According to the company, the proceeds of this round will be used to strengthen tailored credit solutions for informal sector customers.
 "Fintech Kaleidofin raises 2nd tranche of $15 mn Series B equity funding")
Traceable AI raises $60 mn in series B at at $450 mn-plus valuation
The investment round was led by IVP and other investors include Tiger Global and existing investors Unusual Ventures and BIG Labs
 "Traceable AI raises $60 mn in series B at at $450 mn-plus valuation")
Food startups: Not all hunky-dory under Covid, not all bleak as it weakens
Not every enterprise Business Standard spoke to had it as good as Swiggy or Zomato, and some even saw their very business models at risk. But all feel the post pandemic era holds a lot of promise
 "Food startups: Not all hunky-dory under Covid, not all bleak as it weakens")