Page 21 - Startup

Indian mobility tech startup EVage raises $28 mn from US-based VC firm

EVage on Friday said it has raised $28 million from US-based venture capital firm RedBlue Capital.

Curefoods raises $62 mn from Iron Pillar, Chiratae Ventures, Accel, others

Curefoods plans on utilising the investment to continue acquiring major cloud kitchen brands across the country.

Glamplus raises $700,000 in pre-series A round from Blume Ventures, others

Funds will be utilised in vertical tech SAAS capabilities along with expansion of B2B marketplace business to scale to 10,000 partners and monthly revenues of Rs 5 crore/month by March

IppoPay raises $2.1 mn in seed funding from Coinbase Ventures, others

Set up in November 2020, IppoPay has enabled 50,000 offline merchants and daily income earners in Indian Tier-2, Tier-3, and rural markets to boost their revenues through acceptance of payments online

The ePlane Co raises $5 mn in pre-series A led by Specilae Invest, Micelio

Firm aspires to build world's most compact flying taxi, as well as cargo transport to help reduce congestion on roads and emissions from ground transport, and lower the risk of road accidents

Agility Ventures to launch Sebi-approved Rs 450-cr fund

With AIFs (Alternative Investment Funds), it is looking at deploying Rs 75 crore this year in over 50 startups, which will also include fintech, cyber security and crypto

AI and Computer Vision platform Avataar raises $45 mn in Series B funding

Avataar's platform powers the largest global eCommerce marketplaces and leading D2C brands, shaping consumer journeys with life-sized 3D product evaluation coupled with interactive feature discovery.

Pickrr rolls out faster cash on delivery service for e-commerce sellers

With this option, the company aims to help sellers get money in their bank accounts within a day of a package's delivery

Gaming startup Zupee forms strategic partnership with Reliance Jio

This will entail integration of products and strong synergies in user engagement and distribution in a future-ready ecosystem that will benefit over 450 million users

Accelerator fund 9Unicorns charts aggressive investment plan for 2022

Aims to invest in over 150 startups in 2022, with approx. investment of Rs 400cr

Agaamin to launch Indian internet domain with smart name '.bha'

Agaamin means 'future' in Sanskrit, and the founder Sajan Nair said the Indian internet that he is launching can go a long way in "bridging the digital divide

Tamil Nadu appoints Sivarajah Ramanathan as Tansim CEO

Tansim, also known as Startup TN, works towards making Tamil Nadu an innovation-driven economy.

Neobanking start-up Jupiter raises $86 mn at a valuation of $711 mn

It is currently seeing 5,000 to 6,000 new users signing up each day, and has also recorded deposits of over Rs 100 crore in October this year.

Grabhouse and Pankhuri founder Pankhuri Shrivastava passes away at 32

Serial entrepreneur Pankhuri Shrivastava, founder of a women-focused social community platform called iPankhurii and startup Grabhouse passed away on December 24 at the age of 32

RIL Digital Health invests in health tech startup Karkinos Healthcare

Oncology-focussed managed healthcare platform Karkinos Healthcare has received an undisclosed amount of investment from Reliance Digital Health, a statement said on Sunday

India must nurture entrepreneurship in smaller cities: Piyush Goyal

Around 45 per cent Indian start-ups are from tier 2 and 3 cities and 623 districts have at least one recognised start-up.

Social commerce start-up Gobillion raises $2.9 mn from YCombinator, others

Group-buying platform allows multiple users to aggregate their purchases and place bulk orders.

Seafood marketplace Captain Fresh raises $40 mn in a funding round

Its reseller segment (B2B2C) has demonstrated an increase of 20x within just three months of launch, retailing about 1.2 million kgs of fish and seafood every month.

Health Safe Today launches gamified app to secure medical records digitally

The Keypr app uses advanced behaviour science principles and human-computer interaction frameworks to create a seamless experience for patients and health service providers

Healthcare startup Pristyn Care raises $96 million, joins Unicorn club

By March 2022, the company plans to increase its geographical footprint by expanding to over 50 cities and towns and 1000 surgical centres