Page 39 - Start Ups

Boom time: 31 and counting, happy hour for India's unicorn club

The great unicorn rush, that started with Digit Insurance this year, has covered diverse sectors from fintech to e-shopping and even cloud kitchen

28 unicorns created in India this year: Nirmala Sitharaman

The Indian economy has witnessed the creation of 28 unicorns this year on the back of a series of reforms unleashed by the government, Finance Minister Nirmala Sitharaman said

Twin Health raises $140 mn in Series C round from Sequoia Capital, others

Funding will help the firm scale presence in India and US; firm uses IoT, AI and ML to solve chronic metabolic diseases, including type-2 diabetes

Crypto startup CoinSwitch Kuber is 30th Indian unicorn with $260 mn funding

It is also the second crypto unicorn in the country, with valuation crossing $1.9 bn after Series C round led by Andreessen Horowitz

Decoded: What are unicorns, decacorns and hectocorns?

We hear the term unicorn so very often for startups that are doing well. So what are unicorns in the startup universe? Can only startups become unicorns? Let's understand all these

Qapita raises $15 mn in Series A round led by East Ventures, Vulcan Capital

Qapita had raised $7.25 million in earlier rounds of funding

Ozonetel raises $5 mn in Series A funding round led by Skateboat Capital

Ozonetel introduced contact/call centre as a service (CCaaS) in the India market in 2010

Meat startup Licious becomes first Indian D2C unicorn with $52 mn fundraise

Licious has successfully delivered to more than 2 million unique customers to date

Live video startup 100ms raises $4.5mn in seed round led by Accel

100ms provides infrastructure that allows companies to add Zoom-style video conferencing inside their apps.

Edtech startup upGrad crosses $210 million annual revenue run rate

The firm has chalked a multidimensional growth plan

Tekion raises $250mn in Series D funding round; valuation nearly triples

The round was led by Alkeon Capital and co-led by Durable Capital. Other investors include Hyundai Motor and several reputable dealer groups across the US

US-based Dairy.com buys 100% stake in Mr Milkman in first India investment

Mr Milkman, a last-mile dairy supply chain SaaS platform, is already being used by over 60 Indian dairy brands

Chalo raises $40 mn from Lightrock India, Filter Capital, others

Chalo, which powered 20 million bus rides in September 2021, has 15,000 buses live on its platform and a presence in 31 cities

Licious becomes India's first D2C unicorn after raising $52 mn

Direct-to-consumer (D2C) platform Licious on Tuesday said it has raised $52 million to become Indias first D2C unicorn.

Meesho to host biggest festival sale event after crossing $4.9 bn valuation

Social e-commerce startup says shopping gala will help local businesses across country to sell online.

Bengaluru startup offers three-day work week to attract tech talent

Fintech company Slice is offering new hires a three-day week with salary at 80% of the going market rate

Esper raises $60 million in Series C funding led by Insight Partners

The investment brings Esper's total funding to $100 million and follows the company's $30 million Series B just four months ago in May 2021

The Fuel Delivery plans to raise $4-5 million via Series-A funding

The Fuel Delivery is looking to raise $4-5 million through Series-A funding to expand the business to newer markets.

Startup Loop Health raises $12 mn from Elevation Capital, Vinod Khosla

The health insurer has grown significantly, insuring over 50,000 members across 150 firms in the past 12 months and growing 50% month-over-month amid the pandemic

BP leads $25 mn funding round in EV ride-hailing start-up BluSmart

BP Ventures has made its first direct investment in India by pumping in USD 13 million in integrated EV ride-hailing and charging company BluSmart.