Page 29 - Startup
Zomato listing to provide shot in the arm to startup ecosystem
Market players say strong stock market debut will prompt VC and PE firms to back more domestic startups, apart from motivating more unicorns to resist the temptation to list in the US
 "Zomato listing to provide shot in the arm to startup ecosystem")
Bella Vita Organic raises $10 million to scale up personal care products
The firm, which has a portfolio of face care, body care and hair care products, has been profitable since inception and plans to push the pedal on growth with this fund-raise
 "Bella Vita Organic raises $10 million to scale up personal care products")
Vegrow raises funding to tap India's $50 bn fruits, vegetables segment
While India's B2B agri market is attractive at $300 billion, it is also a complex maze of fragmented supply with over 120 million farmers growing across 30 states
 "Vegrow raises funding to tap India's $50 bn fruits, vegetables segment")
Droom founder, family office to invest in 10-12 startups every year
Droom founder Sandeep Aggarwal and his family office have invested over Rs 25 crore in 18 startups, they are looking at backing about 10-12 companies a year in startup ecosystem
 "Droom founder, family office to invest in 10-12 startups every year")
Tatva Chintan Pharma Chem raises Rs 150 cr from anchor investors
Tatva Chintan Pharma Chem on Thursday said it has garnered Rs 150 crore from anchor investors ahead of its initial share sale, which will open for public subscription on Friday.
 "Tatva Chintan Pharma Chem raises Rs 150 cr from anchor investors")
Self-driving vehicle start-up Aurora to go public in $11-bn Spac merger
The deal represents an equity value of $11 billion for Aurora, and the combined company will be valued at $13 billion, according to a statement Thursday.
 "Self-driving vehicle start-up Aurora to go public in $11-bn Spac merger")
Zomato IPO gets Twitter buzzing with tweets from startup community
Deepinder Goyal 'stress eating', Vijay shekhar Sharma of Paytm cheers along
Amazon Web Services launches programme to empower PSU startups in India
India is the first to roll-out the program focused on enabling early-stage startups in the public sector
 "Amazon Web Services launches programme to empower PSU startups in India")
Meat startup TenderCuts enters Bengaluru, to add 10 stores by year-end
Firm follows omni-channel model; the order a customer places for a product is directed to nearest TenderCuts store and the butcher slices the meat only after the order is received
 "Meat startup TenderCuts enters Bengaluru, to add 10 stores by year-end")
Construction mgt app Powerplay raises $5.2 mn from Accel, Surge and others
Powerplay is a free mobile app that connects multiple stakeholders involved in construction, enabling them to communicate and collaborate more efficiently
 "Construction mgt app Powerplay raises $5.2 mn from Accel, Surge and others")
E-commerce firm DealShare's valuation crosses $455 mn after raising $144 mn
The firm, which runs an e-commerce platform for middle and lower-income consumers, expects to hit a $1 bn GMV run rate by year-end and build a 10 mn-strong customer base
 "E-commerce firm DealShare's valuation crosses $455 mn after raising $144 mn")
Bike taxi startup Rapido plans to ramp up hiring of women captains
India's largest bike taxi platform has also filed for the bike taxi service application with the State Transport Authority in Karnataka
 "Bike taxi startup Rapido plans to ramp up hiring of women captains")
How Zeta acquired Unicorn status in the very first round of funding
Enterprises typically reach the feat at series C or series D, or three to four funding rounds later
 "How Zeta acquired Unicorn status in the very first round of funding")
WinZO raises $65 mn in Series C round, led by Griffin Gaming Partners
Griffin is making its first-ever investment in India in WinZO
Zoom acquires German startup for ML-based translation capabilities
To bring real-time machine-learning-based translation to the platform, video conferencing app Zoom has signed a definitive agreement to acquire German startup Kites
 "Zoom acquires German startup for ML-based translation capabilities")
10club raises $40 mn in one of largest seed rounds in e-comm roll-up space
The funding round was co-led by Fireside Ventures and an international investor active in the space
 "10club raises $40 mn in one of largest seed rounds in e-comm roll-up space")
NIRAMAI COVID screening solution receives funding from UK's CDC Group
NIRAMAI is an investee of Pi Ventures, a fund backed by CDC Group ("CDC", the UK's development finance institution and impact investor)
Content startup Pratilipi raises Rs 20 cr in debt from Alteria Capital
Pratilipi has over 350,000 writers who have published over 4.5 million stories in 10 Indian languages including Hindi, Gujarati, Bengali, Marathi, Kannada, Urdu, and English among others.
 "Content startup Pratilipi raises Rs 20 cr in debt from Alteria Capital")
Internet seer: Former Buddhist monk preps IPO for crowdfunding startup
Campfire helps individuals and small groups raise funds online, making it the biggest such business in Japan.
 "Internet seer: Former Buddhist monk preps IPO for crowdfunding startup")
IPV leads early-stage investment in FMCG distribution platform Dropshop
The startup is a full-stack platform for FMCG companies to digitise their last-mile distribution such as sales, logistics and credit to retailers.