Page 30 - Startup

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.

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.

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.

Swedish startup Klarna raises funds from SoftBank at $45.6 bn valuation

Klarna in March raised $1 billion at a valuation of $31 billion, tripling its price from a previous round in September.

Wellness startup Pee Safe raises Rs 25 cr for R&D, product launches

The brand is also looking at raising Series B funding later this year.

Eightfold AI raises $220 mn from SoftBank Vision fund, valuation doubles

Startup doubles valuation to $2.1 billion in seven months

Cult.fit forays into hardware, acquires fitness equipment startup Tread

Company to set up fitness equipment vertical, sell smart workout bikes in India market

Virendra Sehwag takes cricket coaching online with sports startup Cricuru

Cricuru is an online platform for cricket coaching, which it delivers through a repository of video tutorials by professional cricketers and an AI-powered tool

Urban Company hires new leaders, to on-board over 100 engineers in FY22

The firm also announced the appointment of Amit Das as Vice President, Design and Research

SoftBank fund leads $90 mn Series-D round in SaaS startup Whatfix

Valuation of Bengaluru-based startup triples to touch $600 mn

Food tech startup Daalchini Technologies plans to raise growth capital

Food-tech startup Daalchini Technologies plans to raise growth capital of up to USD 8 million (around Rs 58 crore) in the next 2-3 years to support its growth plans.

TechEagle gets approval to deliver medicines using drones in Telangana

Delivery is being done in collaboration with the Government of Telangana, NITI Aayog and World Economic Forum

IPV leads early-stage funding of Rs 3 cr in music learning startup Spardha

A few US-based HNIs also participated; firm offers personalised courses, has grown 10x in past 12 months of pandemic, with over 5,000 registered users and over 1,300 paid users in India and the US

Tiger Global leads $15.6 mn round in health insurance startup Plum

Tiger Global's investments this year have helped Cred, Innovaccer, ShareChat and other companies to become unicorns.

Jai Kisan, startup for financial services in rural India, raises $30 mm

Jai Kisan said it will use the funds to expand in tier-2, tier-3 cities and rural parts of the country.

Chocolate maker Smoor to raise Rs 50 cr, open over 100 outlets in 5 years

Smoor will also be launching an experience centre in Bengaluru where visitors would be able to experience the craft of exquisite chocolate making.

upGrad acquires video-enabled learning platform Impartus in Rs 150cr deal

Post the acquisition, Impartus has been integrated into the upGrad ecosystem and rebranded as 'upGrad Campus'

Content and creativity come to the fore with Fandawm, a short video production startup

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Blue Origin discloses $2 mn as current highest bid for seat on space flight

Blue Origin, billionaire Jeff Bezos' rocket company, disclosed $2 million as the current highest bid for a seat on its New Shepherd spacecraft after the startup closed the first phase of its auction.