Page 31 - Startup

BharatAgri raises $2 million from 021 Capital, India Quotient, others

Pune-based startup BharatAgri on Wednesday said it has raised $2 million from a clutch of investors, including Binny Bansal-backed 021 Capital and India Quotient, for expansion

Former Tesla CIO Jay Vijayan's start-up Tekion joins unicorn club

The company raised $150 million at a valuation of over $1 billion in a round led by Advent International

Six Indian startups that beat the pandemic to become unicorns this year

Three unicorns have emerged in fintech space and one each in software, edtech and beauty space. A unicorn is a privately held startup that is valued at $1 billion or more

Ergos raises Rs 38.5 crore from Chiratae Ventures, Aavishkaar Capital

Agri-tech start up Ergos Business Solutions on Wednesday said it has raised Rs 38.5 crore in Series A round with fresh investment from Chiratae Ventures and Aavishkaar Capital

'We were fortunate on timing': 28-year-old who just became a billionaire

"Our goal is you'll be driving down the highway and the trucks you see will have Hyliion powertrains," says Thomas Healy

Clover Health to go public via $3.7 billion deal with Social Capital

The combined cash-and-stock deal includes a $100 million investment from venture capitalist Chamath Palihapitiya and $50 million from Hedosophia

Rajnath launches startup challenge to find ideas on 11 defence issues

Defence Minister Rajnath Singh on Tuesday launched a startup contest under which innovators, MSMEs and startups have to find new ideas applicable to 11 specific challenges of the Indian defence sector

Gujarat ranked best state in providing strong ecosystem for startups: DPIIT

Gujarat has again emerged as the best performer in developing startup ecosystem for budding entrepreneurs, according to the ranking of states and union territories (UTs) done by DPIIT

This art investment startup is luring scores of investors in the pandemic

Think of it as the art market's version of the popular trading platform Robinhood Markets, which lets users buy a fraction of a company's share for a few dollars

Unacademy began as co-founder's hobby; start-up is now a unicorn

Unacademy now has 30 million registered users and 350,000 paying subscribers, almost four times as many as in February. The platform has more than 18,000 registered educators.

Desi professional network startup Apna raises $8 mn in Series A funding

The startup that seeks to provide access to local job opportunities to blue and grey collared professionals has raised the funding from Lightspeed and Sequoia Capital

9Unicorns makes first close of Rs 100 cr for its new fund for start-ups

The fund intends to offer $100,000 for 5-7% equity per start-up

Traditional firms take on Covid-19 through innovative firsts in market

"Immunity and antiviral have become the key words but consumers are not gullible and if they see through a company's claims, it loses the game even before it has begun it," said Harish Bijoor

IIT Kanpur-backed startup Phool.co raises $1.4 mn in pre-Series A funding

Phool.co says it converts floral waste at temples into charcoal-free luxury incense products

Fitness startup Fitternity looking to raise $12-15 million by January

Fitness startup Fitternity, which claims to be the largest platform for wellness equipment and services in the country, is planning to raise $12-15 million (around Rs 90-112 crore) from overseas inves

European startup Infobip raises over $200 mn in Series A funding: Report

Founded in 2006, Infobip provides technology in omnichannels marketing, allowing companies to communicate with customers through text messages or third-party apps such as WhatsApp

UP cabinet clears Startup Policy 2020, targets 10,000 new ventures

Recently, UP had created a Rs 1,000 crore Startup Fund managed by Sidbi

SoftBank-backed startups among those approved for US paycheck loan program

In-car monitoring technology firm Nauto Inc. was approved for $2-5 million.

3 agencies qualify tech round for assisting DPIIT in start up initiatives

Three consultancy agencies - PricewaterhouseCoopers, Ernst & Young, and KPMG Advisory, have qualified the technical evaluation round for assisting the Department for Promotion of Industry and Internal Trade (DPIIT) in effective and on ground implementation of initiatives for startups. In March, the department had invited a request for proposal (RFP) for the appointment of a consulting agency for Startup India, following which four consultancy firms bid. According to the minutes of a meeting that was held on June 26 to evaluate the preliminary proposals, these three firms have scored more than 60 marks and are found to be technically qualified. The evaluation committee, Chaired by DPIIT Joint Secretary Anil Agrawal, has "decided to open financial bids for all the qualified applicants on July 6". The minutes stated that Grant Thornton India LLP has failed to obtain minimum marks for technical qualification and "hence disqualified for the opening of its financial bid". The ...

Former Barclays India CEO-floated Blue Ashva gets $60 mn commitment

Blue Ashva Capital is founded by Satya Bansal, who was the Chief Executive of Barclays Private Bank.