Page 49 - Start Ups
Infra.Market raises $125 mn funding led by Tiger Global, valued at $2.5 mn
Online marketplace for construction materials Infra.Market has raised USD 125 million (about Rs 928 crore) in Series D round led by Tiger Global, valuing the platform at USD 2.5 billion.
 "Infra.Market raises $125 mn funding led by Tiger Global, valued at $2.5 mn")
New crop of niche edtech players help solve less obvious problems
Some use behavioural science and cognitive skills to help execs level up across crucial career cusps, others bank on AI-enabled counselling for students
 "New crop of niche edtech players help solve less obvious problems")
Cricket legend Virender Sehwag's brand 'VS by Sehwag' gets into e-commerce
The brand is set to acquire 5 mn customers across India in 5 years; is looking to achieve Rs 100 cr revenue via Omni-channel retail, over next 3 years
 "Cricket legend Virender Sehwag's brand 'VS by Sehwag' gets into e-commerce")
StackBox raises $1.2mn funding from Ecosystem Ventures, others
With the fresh funding, the company plans to set up more fulfillment centres to service customers in different geographies and tech development.
 "StackBox raises $1.2mn funding from Ecosystem Ventures, others")
Agri-tech firm Krishify raises $2.7 mn from investors for expansion of biz
In a pre-Series A funding round, the company has raised funds led by Omidyar Network India, Ankur Capital, and existing investor Orios Ventures.
 "Agri-tech firm Krishify raises $2.7 mn from investors for expansion of biz")
This derivatives trader chose financial education over brokerage business
The man who hates seeing people losing money started Kredent InfoEdge, whose two platforms offer video courses on investing and a base for learners to dive into stock fundamentals and technicals
 "This derivatives trader chose financial education over brokerage business")
Plug-and-play firm Quickshift raises $770,000 from Anicut Angel, Axilor
Quickshift is a tech fulfilment company providing solutions through a quick turnaround time. It is also an accelerator for brands in the D2C, e-commerce, B2B & retail spaces
 "Plug-and-play firm Quickshift raises $770,000 from Anicut Angel, Axilor")
Dukaan launches social commerce platform, partners with D2C brand Bewakoof
The platform, Dukaan Plus, will help merchants source best quality products from the top D2C brands and earn commissions on each sale
 "Dukaan launches social commerce platform, partners with D2C brand Bewakoof")
upGrad acquires global edtech firm KnowledgeHut for undisclosed sum
Edtech platform upGrad on Tuesday said it has acquired global firm KnowledgeHut for an undisclosed sum.
 "upGrad acquires global edtech firm KnowledgeHut for undisclosed sum")
Edtech startup Skill-Lync raises $17.5 mn in funding led by Iron Pillar
Company say it has collaborated with over 800 industry experts for creating course content.
Edtech start-up Skill-Lync raises $17.5 million in series A financing
Engineering focused edtech start-up Skill-Lync has raised $17.5 million in Series A round, led by Iron Pillar, a venture growth investor backing global tech companies built from India
 "Edtech start-up Skill-Lync raises $17.5 million in series A financing")
Falguni Nayar gets her turn as billionaire startup CEO with Nykaa IPO
Nykaa, her brainchild, has grown into India's top e-commerce site for beauty products.
 "Falguni Nayar gets her turn as billionaire startup CEO with Nykaa IPO")
B2B sales productivity startup Nektar.ai closes seed round of $8.1 million
$6 bn tranche of funding led by B Capital Group, 3One4 Capital and Nexus Venture Partners; Ritesh Agarwal of OYO Hotels, Deep Nishar of Softbank among clutch of angel investors
 "B2B sales productivity startup Nektar.ai closes seed round of $8.1 million")
Edtech startup Unacademy gets $440 mn funding, valuation crosses $3.44 bn
Unacademy Group's valuation has grown almost ten times in 18 months, riding on demand for online training
 "Edtech startup Unacademy gets $440 mn funding, valuation crosses $3.44 bn")
Language learning platform Instrucko raises $1 mn in pre-series A round
Firm to expand business in India and West Asia, with core focus on providing children in 3-15 age group with premium content and training by leading educationists from across the world
 "Language learning platform Instrucko raises $1 mn in pre-series A round")
Fashinza raises $20 mn as it aims to tap $800 bn global fashion mfg space
Fashinza was started to help small and medium ethical factories employing millions of workers connect with global demand and eliminate environmentally unsustainable practices like overproduction
Customer engagement startup MoEngage raises $32.5 mn for global expansion
MoEngage has added over 250 new customers in the past year and counts large brands such as McAfee, Nestle, Domino's, Deutsche Telekom, Byju's, Flipkart, CIMB Bank, JD.ID as customers
 "Customer engagement startup MoEngage raises $32.5 mn for global expansion")
The opportunities and challenges for India's social commerce start-ups
Industry experts say there are, however, some basic hurdles that video-based commerce needs to overcome to be successful in India
Startup funding fever infects South Indian film industry too
Superstar Nayanthara and director Vignesh Shivan invest in Chennai-based Chai Waale
 "Startup funding fever infects South Indian film industry too")
Edutainment startup SP Robotic Works raises $3 mn in Series-A round
The company uses its unique pedagogy to engage students in robotics, drone and coding technologies
 "Edutainment startup SP Robotic Works raises $3 mn in Series-A round")
