Page 25 - Start Ups

Kenko Health raises $12 mn in Series A funding led by Sequoia Capital

Plans to utilise funds for acquiring customers, product development and building leadership team

Glance raises $200mn from Jio Platforms; partners with Reliance Retail

Will use funds for expanding into global markets such as the US, Russia, Brazil and Mexico

Cleantech start-up Sistema.bio raises $15 million in Series B round

Financing will strengthen partnerships and distribution, carbon reduction activities, R&D efforts and overall operations in LATAM, Africa, and Asia-Pacific

Slice, a fintech unicorn, completes ESOP buybacks worth Rs 65 crore

Slice had in November last year raised $220 million in a Series-B round that valued the fintech company at over $1 billion

Asia Healthcare Holdings raises $170 mn from Singapore's GIC

To date, Asia Healthcare Holdings has invested approximately $200 million across single specialty healthcare enterprises in oncology, mother and child care, and fertility.

Bizongo: B2B e-commerce start-up completes ESOP buyback worth $3.7 mn

Nearly 70 per cent of all eligible former and current employees of Bizongo opted to liquidate their ESOPs

Shark Tank: 13-yr-old girl's anti-ragging app gets Rs 50 lakh funding offer

The investors in Jolly's idea are Anupam Mittal, founder and CEO of People Group (Shaadi.com) and Aman Gupta, co-founder of boAt

'As $35 bn flows into start-ups, total deals soar 40% to $115 bn in 2021'

Of the total PE money, as much as USD 35 billion were pumped into start-ups alone: PwC India report

Over $7 billion raised by Indian start-ups in Q4 2021, says report

More than USD 7 billion was raised by Indian start-ups during the fourth quarter of 2021, which was 18 per cent higher than the previous sequential quarter, according to a report.

Indian AI-SaaS start-ups can create $500 bn of market value by 2030: Report

India's increasing role in the global AI market could create employment for around 4.5 million people, says a study by venture capital firm Stellaris and International Finance Corporation

Logistics start-up Xpressbees raises $300 mn to become 8th unicorn of 2022

There have been four unicorn fundraises this week (including Xpressbees)

SaaS start-up Oloid raises $12mn in funding for product, tech talent

The Series A funding brings Oloid's total raised since inception to $17 mn. It will be used to help expand Oloid's retrofit access control products portfolio and teams in Bangalore and Silicon Valley

Leadership coaching company Peakperformer raises $3mn in seed fund

The funds will be used for new markets, hiring talent and technology development.

Bugworks Research gets $18mn funding as it scales up clinical research

The Series B1 financing was led by Lightrock India

xto10x Technologies raises $25 mn in funding round led by Binny Bansal

Company helps start-ups to scale up business and it focuses on learning programme, software tools and operating capabilities

IFC-backed Mintifi raises $40 million from Norwest Venture, Elevation

The IFC-backed Mintifi, a B2B-focused buy-now-pay-later platform, has raised USD 40 million (about Rs 300 crore) in its series-C round led by Norwest Venture Partners and Elevation Capital

Digital meeting platform Airmeet raises Rs 260 cr in series-B funding round

Digital meeting platform Airmeet on Tuesday announced to have raised Rs 260 crore in series B funding from new as well as existing investors.

Wealthy.in raises Rs 56 crore in funding round led by Alpha Wave

Bengaluru-based wealth management platform Wealthy.in on Tuesday said it has raised Rs 56 crore in Series A round of funding led by Alpha Wave Incubation.

B2B company Mintifi raises $40 mn in Series C funding to expand business

Mintifi works with over 100 leading brands that include Tata Motors, Bridgestone Tyres and Berger Paints for helping their supply chain

In-app gaming merchandising firm Rucept raises undisclosed seed fund

The company's products increase engagement, retention, and profitability for studios and creators.