Page 43 - Start Ups
Biotech startup immunitoAI raises $1 million in seed funding
Biotech startup immunitoAI on Wednesday said it has raised $1 million (over Rs 7 crore) in a seed funding round led by early-stage venture capital fund pi Ventures
 "Biotech startup immunitoAI raises $1 million in seed funding")
WeRize raises $8mn in Series A led by 3one4 Capital, Picus and others
WeRize is a full stack provider, developing and distributing a wide range of customised credit, group insurance and savings products for 100 mn homes and 300 mn individuals in 4,000-plus small towns
 "WeRize raises $8mn in Series A led by 3one4 Capital, Picus and others")
Vahdam raises Rs 174 cr from IIFL AMC, Kris Gopalkrishnan's family office
The company, which sells teas, spices and superfoods to the US, Canada and Europe, has raised a total of over Rs 290 crore so far
 "Vahdam raises Rs 174 cr from IIFL AMC, Kris Gopalkrishnan's family office")
Overseas education company Leap raises Rs 400 cr in Series C funding
The firm said it is seeing an unprecedented demand from students to move abroad this year as international borders open post-Covid.
 "Overseas education company Leap raises Rs 400 cr in Series C funding")
Google-backed edtech firm Cuemath bets on free math courses to add users
Its premium curriculum, which normally costs $299 a year, will be free for subscribers who invite two new users
 "Google-backed edtech firm Cuemath bets on free math courses to add users")
Muscle & Strength India plans to open 100 stores in the next one year
The company is eyeing to launch outlets through franchisee route with an investment of Rs 20 crore as it seeks to deepen its presence in India's growing nutritional supplement space
 "Muscle & Strength India plans to open 100 stores in the next one year")
COGOS raises $2 mn in pre-Series A funding led by Transworld Group
The firm plans to expand its business to the internal market and further strengthen and develop its technology platform
 "COGOS raises $2 mn in pre-Series A funding led by Transworld Group")
Biddano raises funding to build India's largest healthcare supply chain
The new funding will enable Biddano to fulfill strong market demand for its supply chain platform by investing in product, engineering and go-to-market teams.
 "Biddano raises funding to build India's largest healthcare supply chain")
GoKwik raises Rs 40 cr in pre-Series A round led by Matrix Partners India
The new investment will primarily be used for scaling up & establishing a footprint in MENA and SEA regions and hiring talent across tech, data, and product engineering
 "GoKwik raises Rs 40 cr in pre-Series A round led by Matrix Partners India")
Plant protein startup Proeon raises funding to tap multibillion-dollar mkt
The plant-based proteins sector is projected to reach nearly $200 billion by 2027
 "Plant protein startup Proeon raises funding to tap multibillion-dollar mkt")
Online retail platform Dukaan raises $11 mn in pre-series A round
The round was led by 640 Oxford Ventures, with participation from existing investors Snow Leopard Ventures, Lightspeed Partners, and Matrix Partners India
 "Online retail platform Dukaan raises $11 mn in pre-series A round")
Cross-border sourcing tech startup Geniemode raises $2.25 mn seed funding
It is an end-to-end e-commerce platform to make global sourcing more efficient, convenient across fragmented, tech-strapped supply chains in furniture, home furnishing, fashion.
 "Cross-border sourcing tech startup Geniemode raises $2.25 mn seed funding")
Geniemode raises $2.25 mn in seed funding round led by Info Edge Ventures
The platform ensures order visibility at each step, adherence to strict global quality checks and managing end-to-end supply chain for the buyer thus becoming a one-stop shop for them.
 "Geniemode raises $2.25 mn in seed funding round led by Info Edge Ventures")
Saas startup NeuroPixel.AI raises seed fund of $825,000 led by IPV
NeuroPixel.AI was founded in late 2020 by Arvind Nair (CEO) and Amritendu Mukherjee (CTO)
 "Saas startup NeuroPixel.AI raises seed fund of $825,000 led by IPV")
E-learning platform Vidyakul raises $500,000 led by We Founder Circle
Vidyakul is aimed at providing after-school e-learning for the state board students in vernacular languages
 "E-learning platform Vidyakul raises $500,000 led by We Founder Circle")
Kochi based startup Avodha offers courses in vernacular languages
Through Avodha, student pays a small amount upfront which is roughly one-fourth of the overall fees and remainder is paid after student gets a job related to course they have studied
 "Kochi based startup Avodha offers courses in vernacular languages")
Startup Sugar.fit, which aims to reverse diabetes, to raise $10 million
Health and fitness firm Cure.fit and two others to invest the funds in a deal likely to by September
Mobile commerce startup Bikayi raises $10.8 mn funding round led by Sequoia
Set up in 2019, Bikayi helps SMBs scale up on digital platforms, enabling them to reach out to a wider audience base
 "Mobile commerce startup Bikayi raises $10.8 mn funding round led by Sequoia")
Startup Udaan files complaint before CCI against biscuit maker Parle
Says biscuit maker has refused to directly supply its products
 "Startup Udaan files complaint before CCI against biscuit maker Parle")
India added three 'unicorns' per month in 2021: Hurun report
India added three 'unicorns' per month in 2021 to nearly double the overall number of startups valued at over USD 1 billion to 51 as of end-August, a report said on Thursday
 "India added three 'unicorns' per month in 2021: Hurun report")
