Page 37 - Start Ups

Fintech software provider Hypto raises $3 mn from Stellaris, 3one4 Capital

The platform has processed over 55 million transactions totalling over $15 billion and currently works with over 10 banks

B2B auto parts startup Koovers raises $1.5 mn in Inflection Point-led round

Koovers assures workshops of spares with ease of ordering, doorstep delivery, genuine and complete basket of parts of all car makers; has over 5,000 workshops in network

Decoded: What are the various types of start-up investors?

You hear about various kinds of fundraising - angel investments, series A, B, C, and more. And then there also are incubators, accelerators, PE-VC investors, etc. How do these differ from one another?

Neobanking startup Zolve raises $40 million at $210 million valuation

The neobank has seen 70,000 sign-ups on its platform and has 6,000 monthly active users

DeHaat raises $115 million in Series D from Sofina, Lightrock and Temasek

DeHaat's services include distribution of high-quality agricultural inputs, customised farm advisory, access to financial services, and market linkages for selling their produce

Why the P2P lending segment is staging a strong comeback after a lull

Initiatives to make returns more attractive and spread risks in order to keep the default rate low for individual lenders have spurred interest in this segment once again

These goldsmith-techies use dynamic pricing to help businesses max revenues

Anshu Jalora and Vijeta Soni's firm Sciative uses AI, automation and big data to set movie ticket prices, and bus and airline fares, based on the demand curve for these services and products

Inside Curefoods: How Ankit Nagori is building a Thrasio of cloud kitchens

Curefoods wants to be a $100-million revenue business by the end of 2022-23

Space tech startup Dhruva raises Rs 22 cr to launch satellite solutions

The firm is gearing up to launch new offerings like Satellite as a Service, Space-Grade Solar Arrays and Ground Station Solutions, both nationally and globally

Teachmint raises $78mn in Series B led by Rocketship.vc and Vulcan Capital

New round brings firm's total raise to $118 mn. Funds will be used to strengthen Teachmint's proprietary classroom tech and for global expansion

Meesho charts disruptive strategy, to deliver free in non-tier 1 towns

The move is expected to challenge the big players in the sector which include Jio Mart, Tata's Big Basket, Amazon, Grofers, and others

Groww's valuation hits $3 bn as start-up raises $251 mn in Series E round

ICONIQ Growth leads $251-mn fundraise in start-up which has over 20 mn users

Fintech startup Clear raises $75 mn in funding at valuation of $700-800 mn

Company says its SaaS platform has grown 5x in the past 18 months

EduTech startup HomeSkul launches afterschool e-learning App

EduTech startup HomeSkul has launched the first home-grown afterschool e-learning app which provides AI and Augmented Reality (AR) -powered personalised learning experience for students.

3D printed construction startup Tvasta receives Rs 3 cr investment

Tvasta is an IIT-Madras incubate, started in the 3D printed home segment

Ronnie Screwvala's edtech startup upGrad eyes a global learning curve

The company wants to be among the world's top six edtech companies by 2025. Here's how it plans to get there

Fintech firm CRED valued at $4 bn after $250-mn funding round

Founded in 2018, CRED allows users to pay their credit card bills through its online platform and rewards them with offers from various brands and companies

Mestastop Solutions raises Rs 1.3 cr in seed round led by CIIE.CO

Mestastop will use the funding to scale its AI-based platform METSCAN, which characterises cancer cells using patient data samples and their assay panels to understand the cell behaviour

Edtech giant Byju's appoints ex-Tata exec Mukut Deepak as Head of Business

Deepak, who was earlier Chief Business Development Officer at Tata Sky, will be responsible for expanding and leading the flagship business for the class 4 to 10 segment

Indian startup funding crosses $10 bn in Q3, first time in any quarter: PwC

The fund raise was twice the amount of funding received in Q3CY20 and an increase of 41% over the Q2CY21 figure