Page 29 - Start Ups

Startups can help India's rural economy go digital: Piyush Goyal

Goyal called upon startups to help micro-entrepreneurs in rural areas leverage technology to grow their businesses and encourage farmers, artisans to use digital platforms to sell their products

Curefoods raises $62 mn, says will continue to acquire major cloud kitchens

Cloud kitchen platform Curefoods on Wednesday said it has raised $62 million and will continue to acquire major cloud kitchen brands across the country.

Pune's fintech startup FPL Technologies valuation jumps to $750 million

The current funding comes within 10 months after the company raised its Series B funding of $35 million

Beverages start-up Lahori gets $15 mn from Belgian fund Verlinvest

The non-alcoholic beverage industry is expected to exceed $18 billion by 2026

DFAN, SCV form partnership to invest Rs 100 crore in tech startups

This partnership is aimed to strengthen the startup ecosystem by actively investing in startups along with providing active mentorships, advisory and business development

Fintech startup Rupeek gives out $1 billion in gold-backed loans

Consumers in India -- where gold is considered both a status symbol and a popular investment -- hold about $1.5 trillion of the precious metal, mostly in jewelry, according to the World Gold Council

Glamplus raises $700,000 in pre-series A round from Blume Ventures, others

Funds will be utilised in vertical tech SAAS capabilities along with expansion of B2B marketplace business to scale to 10,000 partners and monthly revenues of Rs 5 crore/month by March

Google For Startups announces its next cohort with 20 Indian startups

Tech giant Google announced the sixth batch of the Google for Startups Accelerator India -- with 20 startups -- to help them focus on their key business and technology problems

IppoPay raises $2.1 mn in seed funding from Coinbase Ventures, others

Set up in November 2020, IppoPay has enabled 50,000 offline merchants and daily income earners in Indian Tier-2, Tier-3, and rural markets to boost their revenues through acceptance of payments online

Agritech startup Pepper Farms raises $1 mn as seed funding from investors

Agritech startup Pepper Farms has raised $1 million (around Rs 7.39 crore) from investors to grow its business

Product management platform Zeda.io raises $1.2 mn in seed capital

Zeda.io's one-stop comprehensive product management suite is designed to simplify the processes by bringing together all things needed to define, manage and collaborate on products

Zluri raises $10mn in series A funding round led by MassMutual Ventures

Zluri had earlier raised $2 million from Endiya Partners and Kalaari Capital, in its seed round in January 2021.

The ePlane Co raises $5 mn in pre-series A led by Specilae Invest, Micelio

Firm aspires to build world's most compact flying taxi, as well as cargo transport to help reduce congestion on roads and emissions from ground transport, and lower the risk of road accidents

B2B payments fintech Rupifi raises $25 mn from Bessemer, Tiger Global

Existing Investors Quona Capital and Ankur Capital also participated in the round, along with Better Capital. This is Rupifi's second investment round in nine months, since its Pre-Series A last March

AI and Computer Vision platform Avataar raises $45 mn in Series B funding

Avataar's platform powers the largest global eCommerce marketplaces and leading D2C brands, shaping consumer journeys with life-sized 3D product evaluation coupled with interactive feature discovery.

B2B payments app Rupifi raises $25 mn from Bessemer, Tiger Global, others

The latest funding is Rupifi's second investment round within nine months, since the pre-series-A round in March 2021

What lessons does Elizabeth Holmes' fall have for startup investors?

Billionaire Elizabeth Holmes, founder of Theranos, has been found guilty of defrauding investors. What lessons does the Homes-saga hold for startup investors back home, this report finds out

Dunzo raises $240 mn in round led by Reliance to take on Amazon, Flipkart

According to the sources, Dunzo's valuation has crossed $800 million in this funding

Pickrr rolls out faster cash on delivery service for e-commerce sellers

With this option, the company aims to help sellers get money in their bank accounts within a day of a package's delivery

Blockchain SaaS startup Cion Digital raises $12 mn from Green Visor, others

The US-based firm is planning an R&D Centre in Pune. It is undertaking a pan-India recruitment drive with offer of permanent WFH