Page 49 - Startups
Kerala aiming for 15,000 start-ups by 2026: CM Pinarayi Vijayan
Kerala is working towards a four-fold increase in the number of startups by aiming to take their total to 15,000 in the next five years, said Chief Minister Pinarayi Vijayan, here on Saturday.
 "Kerala aiming for 15,000 start-ups by 2026: CM Pinarayi Vijayan")
Two Tamil Nadu angel networks join hands to fund startups in the state
Both networks will coordinate and plan common pitch sessions on a case-by-case basis, will also support startups in select activities
 "Two Tamil Nadu angel networks join hands to fund startups in the state")
Shadez raises $200K in pre-series A round led by Inflection Point Ventures
The startup is operating across Mumbai, Pune & Vadodara and has painted over 200 homes in Mumbai till date with over 400,000 sqft
 "Shadez raises $200K in pre-series A round led by Inflection Point Ventures")
Mobile Premier valued at $2.3 bn, becomes India's second gaming unicorn
Bangalore-based startup raised capital from investors led by Legatum Capital with participation from Accrete Capital and Gaingels LLC.
 "Mobile Premier valued at $2.3 bn, becomes India's second gaming unicorn")
Jungle Ventures raises $225 mn to invest in India, Southeast Asia startups
Many of its existing investors in previous funds backed the latest one, founding partner Amit Anand said in an interview
 "Jungle Ventures raises $225 mn to invest in India, Southeast Asia startups")
Farmers Fresh Zone raises Rs 6 cr in pre-series-A funding round led by IAN
Agri-tech start-up Farmers Fresh Zone on Thursday said it has raised Rs 6 crore in pre-series A round through existing investors led by Indian Angel Network (IAN).
 "Farmers Fresh Zone raises Rs 6 cr in pre-series-A funding round led by IAN")
COGOS raises $2 mn in pre-Series A funding led by Transworld Group
The firm plans to expand its business to the internal market and further strengthen and develop its technology platform
 "COGOS raises $2 mn in pre-Series A funding led by Transworld Group")
Online retail platform Dukaan raises $11 mn in pre-series A round
The round was led by 640 Oxford Ventures, with participation from existing investors Snow Leopard Ventures, Lightspeed Partners, and Matrix Partners India
 "Online retail platform Dukaan raises $11 mn in pre-series A round")
Unicorns of tomorrow: Zilingo, Mobile Premier League, Rebel Foods are top 3
India becomes the third largest startup ecosystem in the world
 "Unicorns of tomorrow: Zilingo, Mobile Premier League, Rebel Foods are top 3")
India added three 'unicorns' per month in 2021: Hurun report
India added three 'unicorns' per month in 2021 to nearly double the overall number of startups valued at over USD 1 billion to 51 as of end-August, a report said on Thursday
 "India added three 'unicorns' per month in 2021: Hurun report")
Invest-tech platform dezrve. raises $7 million in seed funding round
The seed funding round was co-led by Elevation Capital and Matrix Partners India, with participation from investors such as Whiteboard Capital and Blume Founders Fund
 "Invest-tech platform dezrve. raises $7 million in seed funding round")
Saas startups firming up plans for IPOs to raise capital from market
Software-as-a-service (SaaS) companies seem to be coming off age, with several of them firming up initial public offering (IPO) plans to raise capital from the market.
 "Saas startups firming up plans for IPOs to raise capital from market")
PM Narendra Modi hails India's start-up culture on 'Mann ki Baat'
PM Modi asserted that it is a sign of India's bright future
 "PM Narendra Modi hails India's start-up culture on 'Mann ki Baat'")
Govt to launch special incentive scheme to support 75 start-ups
The government will soon launch a special incentive scheme to support 75 start-ups in areas of telemedicine, digital health and artificial intelligence
 "Govt to launch special incentive scheme to support 75 start-ups")
Govt launches SAMRIDH Scheme to help startups in the early stage
The SAMRIDH initiative will not only provide funding to startups, but will also help in bringing skill sets together which will help them become successful
 "Govt launches SAMRIDH Scheme to help startups in the early stage")
Agritech robotics startup TartanSense raises $5 mn in Series-A funding
TartanSense builds small agricultural robots, equipped with AI-assisted computer vision, to help small farms prune expenses and improve incomes
 "Agritech robotics startup TartanSense raises $5 mn in Series-A funding")
Supply chain firm Delhivery acquires Spoton Logistics for unknown sum
Samara Capital and Xponentia, which together acquired Spoton from IEP in 2018, are making a full exit for cash as part of the deal
 "Supply chain firm Delhivery acquires Spoton Logistics for unknown sum")
D2C fashion firm Bewakoof raises Rs 60 cr in pre Series-B funding
Round was led by InvestCorp with participation from IvyCap Ventures and Spring Marketing Capital; with this the firm has so far raised Rs 170 cr
 "D2C fashion firm Bewakoof raises Rs 60 cr in pre Series-B funding")
Fintech startup Khatabook's valuation tops $600 mn after raising $100 mn
The firm is also buying back ESOPs worth $10 mn to acknowledge and reward employees, ex-employees, and early investors
 "Fintech startup Khatabook's valuation tops $600 mn after raising $100 mn")
Breathe Well-being raises $5.5 mn in Series A round led by Accel
This round saw the exit of angel investors who have received a 30X exit and early employees being rewarded with ESOPs encashment
 "Breathe Well-being raises $5.5 mn in Series A round led by Accel")