Page 2 - Start-up Funding

Healthtech start-up BeatO raises $33 mn in Series B from Lightrock

Firm provides affordable diabetes care with a focus on people who don't have access to specialists

Doola raises $8 million in funding from Nexus Venture Partners

The funding round was led by Nexus Venture Partners with participation from the Y Combinator Continuity Fund, among others

Hiring of permanent workers fell 61% in start-ups: RazorpayX Payroll report

Technology-related jobs have managed to marginally increase their contribution to the overall workforce by 4 per cent, while the hiring trend is slowing down in general

Health-tech start-up Good Health Company raises $10 mn in funding

Hyderabad-based company will use financing to introduce more product categories and expand team

Startup funding drops by 80% YoY to $3 bn in Q3 of Calendar 2022: Tracxn

Average ticket size also dips across all funding stages, late-stage sees biggest fall of 70%, indicating that investors aren't willing to make large investments until economic conditions improve

Gig work platform Awign raises $15 mn in funding round for expansion

Start-up assists enterprises in hiring high-skill talent on contract and manage such employees

Startup funding in India declined 40% between April and June, says PwC

Geo-political instability appears to be taking a toll on the Indian startups with the total funding declining by 40 per cent to USD 6.8 billion in the April-June quarter, reveals a PwC India report.

Fintech startup Finvu AA raises $2.5 million in seed funding for expansion

Finvu AA will use the fresh funds to expand the team in engineering, and business development and enhance its product offerings

Fintech unicorn Slice raises $50 mn funding led by Tiger Global, others

With its core credit product set to become profitable in the months ahead, Slice will use the new capital to shore up its balance sheet and support expansion of its new UPI product

OSlash raises $5 mn in funding round valuing SaaS start-up at $50 mn

Company builds productivity tool enabling employees to access the right information in a fraction of a second.

Shark Tank: 13-yr-old girl's anti-ragging app gets Rs 50 lakh funding offer

The investors in Jolly's idea are Anupam Mittal, founder and CEO of People Group (Shaadi.com) and Aman Gupta, co-founder of boAt

Creator economy start-up AppX raises $1.3 mn in YCombinator-led round

Company aims to support creators in making a regular source of income every month by selling products to their fan base.

What explains India's unicorn boom in 2021?

This year was great for startups in India -- 42 of them went on to attain the unicorn status. More startups entered this club in 2021 than all previous years combined. What drove this unicorn frenzy?

Feminine hygiene startup Sirona raises Rs 100 cr from Good Glamm Group

Feminine hygiene startup Sirona on Tuesday said it has raised Rs 100 crore in funding from Good Glamm Group.

2am VC plans to invest $10 mn in over 50 Indian startups by 2022-end

US-based venture capital firm 2am VC on Wednesday announced plans to invest USD 10 million in more than 50 Indian startups by the end of next year. 2am VC has already made 10 investments in the first four months of this financial year. It has also made commitments to complete five more investments by the end of this quarter. "Our family has been backing young Indian entrepreneurs for over 10 years, we are and always will be unreasonably long in India. "We aspire to be our US VC investor base's boots on the ground and eyes and ears for decoding the Indian startup ecosystem. We aim to win, and win big with Indian entrepreneurs," 2am VC co-founder and partner Hershel Mehta said in a statement. The VC's portfolio includes Bimaplan, Karbon Card and BurnCal. In addition, it has co-invested with Titan Capital, 3one4 Ventures, Inflexor VC, 100X.VC, LSIP, Y-Combinator, India Quotient, Orios Ventures and iSeed.

Healthtech startup Ultrahuman raises $17.5m in Series B funding round

The Series B funding came from Alpha Wave Incubation (AWI), which is backed by DisruptAD and managed by Falcon Edge, Steadview Capital, Nexus Venture Partners, Blume Ventures and Utsav Somani's iSeed

B2B platform Apnaklub raises $3.5 mn from Sequoia Capital India's Surge

Apnaklub links kirana and general stores in the hinterland to consumer brands through its network

Chiratae Ventures starts seed initiative to enable faster access to capital

Chiratae has also introduced an application form and a dedicated website to make the process even simpler for early-stage founders

FMCG startup AnKa SumMor raises Rs 3 cr in pre-Series A round led by IPV

AnKa SumMor works with FMCG brands to help them scale up their businesses rapidly

Bus service startup Cityflo raises Rs 57 cr from Lightbox Ventures, others

The startup aims to utilise the amount raised to expand services on current and new routes