Page 23 - Startup

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

Plix raises $5mn in series A from Guild Capital and RPSG Capital Ventures

Funds will be used to launch products in the nutraceuticals space. Over 85 SKUs are planned for launch in next 12 months

Nestasia raises $4 mn in Series A round led by Stellaris Venture Partners

The firm makes and brings over 6,000 products across genres from India and South-east Asia. In a little over two years, it has completed 100,000 orders and has 50,000 customers in 7 countries

ShopConnect raises $1.5 mn pre-series from IBS Software founder V K Mathews

ShopConnect enables brands and retail merchants to build next-gen online stores to give an immersive user experience with features such as live video shopping and hyper-personalisation

Asian cuisine brand MasterChow raises Rs 3.5 cr in seed led by WEH Ventures

Angel investors Aditya Singh and Ravi Shroff also participated; funds to be used to double down on manufacturing capabilities, product development, hiring new talent and geographic expansion

Insurance Samadhan raises Rs 5.5 cr in pre-Series A round

The start-up will use the funds to upgrade from offering just claim redressal services to an app providing claim management, insurance portfolio analysis and policy servicing features

EV start-up Ultraviolette raises $15 million from TVS Motor, Zoho Corp

Firm is setting up manufacturing and assembling unit in Electronics City, Bengaluru; will use investment for production and launch of its high-performance e-bike, F77; first batch out in H1 of 2022

Fullife Healthcare gets $22 mn funding from Morgan Stanley Pvt Equity Asia

This round of funding will support Fast&Up and Chicnutrix to expand their domestic presence, enhance manufacturing capabilities and accelerate momentum globally

Ed-infra startup Teachmint launches in 25 countries, eyes more markets

Available on both Google Play Store and App Store, its platform has also been localised in languages like Arabic, Thai, Indonesian Bahasa and Vietnamese to meet the needs of educators in those regions

B2B e-commerce startup Udaan gives Reliance's JioMart a run for its money

Nearly 45% of the total 301 retailers in a survey said they selected Udaan as distribution partner versus 33% for JioMart

MyGate acquires group buying platform MyCommunity Genie for cash and stocks

The acquisition would allow MyGate to scale its community commerce segment

D2C personal care start-up Clensta raises Rs 20 cr in Series A funding

The five-year old start-up founded by Puneet Gupta in 2016, started with the flagship products based on waterless products

Airtel, Invest India join hands to launch 'Startup Innovation Challenge'

Bharti Airtel on Thursday launched 'Airtel India Startup Innovation Challenge' in partnership with Invest India that will let early-stage technology companies demonstrate differentiated solutions.

Clensta raises Rs 20-cr funding from Hem Angels, Venture Catalysts, others

Clensta said it has raised Rs 20 crore funding from Hem Angels part of Hem Securities Ltd, Venture Catalysts and Inflection Point Ventures

This start-up aims to disrupt market in which 60 mn samosas are sold a day

QSR brand Samosa Party raises $2mn in Pre Series A funding from Kalaari Capital

Motherson participates in EV charging start-up Exponent's $5 mn fundraise

YourNest VC, 3one4 Capital & AdvantEdge VC doubled down on their earlier investment within 8 months

Indian used-car platform Spinny valued at $1.8 billion in new funding round

India's Spinny said on Tuesday it had raised $283 million in a funding round led by Abu Dhabi-based ADQ and Tiger Global, giving the used-car retailing platform a valuation of about $1.8 billion