Page 27 - Start Ups
Growth School raises $5 mn led by Sequoia Capital and Owl Ventures
The startup plans to venture into newer markets and as part of that foray, also explore metaverse for education
 "Growth School raises $5 mn led by Sequoia Capital and Owl Ventures")
MinIO raises $103 mn in Series B funding round, joins the Unicorn list
Investment was led by Intel Capital with participation from new investor SoftBank Vision Fund 2, and existing investors Dell Capital, General Catalyst and Nexus Venture Partners
 "MinIO raises $103 mn in Series B funding round, joins the Unicorn list")
Sequoia Capital India Surge programme has 20 start-ups in sixth version
As many as 246 founders from 112 start-ups across more than 15 sectors to take part in event.
 "Sequoia Capital India Surge programme has 20 start-ups in sixth version")
Darwinbox is first Saas-based company to turn unicorn this year
Darwinbox saw a huge uptick for its services as the pandemic forced employees to work from home
 "Darwinbox is first Saas-based company to turn unicorn this year")
Dental care startup Smikes nets $23 mn from Alpha Wave, Sequoia, Chiratae
Smiles.ai has raised 23 million (around Rs 172 crore) in Series A funding led by Alpha Wave Incubation that is managed by Falcon Edge Capital
 "Dental care startup Smikes nets $23 mn from Alpha Wave, Sequoia, Chiratae")
Health and travel platform Hospals raises $3.5 mn in pre-series A round
The startup has already served over 22,000 patients from 38 countries to get medical advice, teleconsults and surgical treatments across over a hundred hospitals in its network
Ola Electric raises $200 mn in funding at a valuation of $5 billion
In September last year, Ola Electric had announced raising a similar amount in funding from Falcon Edge, Softbank and others that had valued the company at $3 billion
 "Ola Electric raises $200 mn in funding at a valuation of $5 billion")
Start-ups continue to witness a rapid growth trajectory, shows data
NASSCOM, in collaboration with Zinnov, on Friday released its annual start-up study, titled "Indian Tech Start-up Ecosystem: Year of The Titans"
 "Start-ups continue to witness a rapid growth trajectory, shows data")
Over 2,250 startups added in 2021, raised $24.1 bn: Nasscom-Zinnov report
More than 2,250 startups were added in the year 2021, over 600 more than what was added in the previous year, a report by Nasscom and Zinnov said on Friday.
 "Over 2,250 startups added in 2021, raised $24.1 bn: Nasscom-Zinnov report")
Oyo founder Ritesh Agarwal's family office funds agritech startup Agrowave
Anu Meena, an IIT Delhi alumni started Agrowave to solve the problem faced by her grandfather and millions of farmers in selling their fresh produce.
 "Oyo founder Ritesh Agarwal's family office funds agritech startup Agrowave")
IncubateHub to launch 9 thematic demand-led accelerators
Strategic backing from Venture Catalysts and 9Unicorns; company will launch specific solutions for the growing CVC market in Asia
Govt taking significant steps to boost startup ecosystem: Piyush Goyal
The government is taking significant steps such as resolving the angel tax issue, simplification of tax procedures, and self-certification, Commerce and Industry Minister Piyush Goyal said on Friday.
 "Govt taking significant steps to boost startup ecosystem: Piyush Goyal")
Crypto platform Stader Labs raises $12.5 mn on $450 mn valuation
The sale was led by Three Arrows Capital with participation from Blockchain.com, Accomplice, and a clutch of other institutional and angel investors
 "Crypto platform Stader Labs raises $12.5 mn on $450 mn valuation")
M2P Fintech raises $56 mn led by Insight Partners, eyes global expansion
The company has raised more than $100 million in the past year
Why Indian drone startups are lagging behind in the fund-raising race
Industry players say that investors tend to shy away when the govt is the largest customer for a small company. But that is just the tip of the iceberg
 "Why Indian drone startups are lagging behind in the fund-raising race")
Customer onboarding platform Rocketlane raises $18 mn in funding
The latest funding comes seven months after Rocketlane announced its seed funding round, bringing the total capital invested to $21 million
Rocketlane raises $18 mn in series A round fund led by 8VC
Firm founded by ex-Freshworks executives; series A has been raised just 7 months after seed
Fintech platform Finsall raises Rs 12 cr in pre-series A funding
This is the second round of investment by UIV, which has investments in fintech companies like Open Bank and SmartCoin.
Logistics optimising platform MatchLog raises $3 mn in pre-series-A round
MatchLog claims it is India's first firm to offer at scale the ability to turnaround a container from import to export cycle, thereby eliminating empty runs to and from container yards
SaaS starup Trainn raises $700,000 in seed round led by Speciale Invest
With the infusion of funds, the company plans to expand its team, fuel go-to-market programs, and accelerate product development.
 "SaaS starup Trainn raises $700,000 in seed round led by Speciale Invest")
