Page 26 - Startup

Indian startup funding crosses $10 bn in Q3, first time in any quarter: PwC

The fund raise was twice the amount of funding received in Q3CY20 and an increase of 41% over the Q2CY21 figure

Edtech startup Creative Galileo raises $2.5 mn in seed funding

The round was led by Kalaari Capital with an investment of $2.1 mn and remaining from well-known angels, such as Harish Bahl, Shashin Shah, Jinesh Patel, Atul Nishar, Ashwin Puri and Giridhar Malpani.

F5 raises Rs 5 cr in pre-series A funding round led by Auxano Capital

F5 is building a hyper-local ecosystem around the daily workplace needs of the consumer

Shift Freight plans to raise $20-30 mn by next fiscal; dilute 10-15% stake

The Noida-based startup currently has presence across 25 cities and carries out around 70 movements per day with majority of them being inter-city.

Meat startup Licious becomes first Indian D2C unicorn with $52 mn fundraise

Licious has successfully delivered to more than 2 million unique customers to date

Live video startup 100ms raises $4.5mn in seed round led by Accel

100ms provides infrastructure that allows companies to add Zoom-style video conferencing inside their apps.

Tekion raises $250mn in Series D funding round; valuation nearly triples

The round was led by Alkeon Capital and co-led by Durable Capital. Other investors include Hyundai Motor and several reputable dealer groups across the US

Bengaluru startup offers three-day work week to attract tech talent

Fintech company Slice is offering new hires a three-day week with salary at 80% of the going market rate

The Fuel Delivery plans to raise $4-5 million via Series-A funding

The Fuel Delivery is looking to raise $4-5 million through Series-A funding to expand the business to newer markets.

Startup Loop Health raises $12 mn from Elevation Capital, Vinod Khosla

The health insurer has grown significantly, insuring over 50,000 members across 150 firms in the past 12 months and growing 50% month-over-month amid the pandemic

Sebi ruling on DVR cheers startups, but can it stop international listings?

Sebi has said that promoters/founders who have net worth of Rs 1,000 crore can now have superior voting rights

Live online tutoring startup Vedantu in unicorn club with $1 bn valuation

Vedantu has raised $100 mn in funding. The firm which is competing with Byju's, Unacademy, Simplilearn, UpGrad and Amazon Academy is also planning an IPO by 2024

Vedantu is India's newest unicorn after $100-mn funding from ABC World

The Bangalore-based startup becomes the fifth Indian edtech unicorn after Byju's, Unacademy, UpGrad and Eruditus, and the third to reach the milestone this year.

Cashbook raises $2.3mn in seed fund led by JAM, Better Tomorrow Ventures

Kunal Shah, Anupam Mittal and a host of other angel investors also participated in the round

Glamyo Health raises $3 mn in Series A led by Ananta Capital

The company functions in the area of elective surgeries and claims to have had a 300% surge in business on its platform

Eupheus Learning acquires edtech startup ClassKlap in $19 mn deal

With this, Eupheus will become India's largest school-focused edtech firm and the only firm in K12 space to operate in both premium and affordable school segments

Savings and payments startup Savvy raises Rs 14 cr in Pre-Series A rounds

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Teen career accelerator Clever Harvey raises $1.5 mn in pre-series A round

The funding was led by TechNova Ventures, Tom Varkey and Multiply Ventures, with participation from existing investor, Education Catalyst Fund

WeRize raises $8mn in Series A led by 3one4 Capital, Picus and others

WeRize is a full stack provider, developing and distributing a wide range of customised credit, group insurance and savings products for 100 mn homes and 300 mn individuals in 4,000-plus small towns

Vahdam raises Rs 174 cr from IIFL AMC, Kris Gopalkrishnan's family office

The company, which sells teas, spices and superfoods to the US, Canada and Europe, has raised a total of over Rs 290 crore so far