Page 50 - Start Ups
Supply chain tech firm 3SC raises $15 mn to expand across Europe, SE Asia
The company plans to strengthen its existing software as a service (SaaS) and Analytics as a service (AaaS) based SCM solutions through both organic and inorganic routes
 "Supply chain tech firm 3SC raises $15 mn to expand across Europe, SE Asia")
GE Healthcare selects 6 Indian startups under 'Cohort 3' programme
Medical technology company GE Healthcare has selected six Indian startups under its 'Cohort 3' programme to help them build and scale up their technologies for their target market segments.
 "GE Healthcare selects 6 Indian startups under 'Cohort 3' programme")
SoftBank-backed Unacademy announces teacher stock options worth $40 mn
Unacademy competes with players such as Byju's, Vedantu, Simplilearn, UpGrad, Amazon Academy, and traditional education institutes
 "SoftBank-backed Unacademy announces teacher stock options worth $40 mn")
Sachin Tendulkar strengthens ties with JetSynthesys with $2 mn investment
The two already have an existing JV for a digital destination for all things cricket called 100MB, and immersive cricket games Sachin Saga Cricket Champions and Sachin Saga VR
 "Sachin Tendulkar strengthens ties with JetSynthesys with $2 mn investment")
Cloud-garage startup Fixcraft raises $1 million in pre-series A round
The brand has already serviced 3,500 customers till date and plans to double the number by the end of the financial year 2021-22
 "Cloud-garage startup Fixcraft raises $1 million in pre-series A round")
Crypto startup Vauld raises $25 mn in round led by Peter Thiel's fund
Firm said it has seen 124.4% QoQ growth in AUM from 1Q21 to 2Q21. Vauld will leverage the capital to build its team, aiming to fill at least a hundred new roles and further its global expansion
 "Crypto startup Vauld raises $25 mn in round led by Peter Thiel's fund")
Mortgage firm Easy raises $15 mn in series A, focus on affordable housing
The round was led by private equity firm Xponentia Capital Partners, founded by former Carlyle Group managing director Devinjit Singh
 "Mortgage firm Easy raises $15 mn in series A, focus on affordable housing")
Messaging firm Gupshup raises $240 mn from existing and new investors
This funding round follows the $100 million raise from Tiger Global in April, at a $1.4 billion valuation. Gupshup's valuation remains unchanged post the current round
 "Messaging firm Gupshup raises $240 mn from existing and new investors")
Ola rewards employees with Rs 400-cr stocks, expands ESOP pool to Rs 3k cr
The initiative by the SoftBank-backed mobility firm is aimed at long term meaningful wealth creation in the run up to IPO.
 "Ola rewards employees with Rs 400-cr stocks, expands ESOP pool to Rs 3k cr")
Paytm Payments Bank achieves milestone of issuing 10 million FASTags
Paytm Payments Bank on Wednesday said it has become the first bank in the country to achieve the milestone of issuing 10 million FASTags
 "Paytm Payments Bank achieves milestone of issuing 10 million FASTags")
Kalaari Capital firm CXXO announces $10 mn seed fund for women founders
Between January 2018 and June 2020, startups led by women founder-CEOs received only 1.43 per cent of the total capital raised in India
 "Kalaari Capital firm CXXO announces $10 mn seed fund for women founders")
Skymet raises funds to boost tech for accurate forecast of floods, cyclones
Amount will help in setting up more ground observation units in calamity-prone eastern India. Skymet aims to help mitigate risks and provide accurate data to farmers in the region
Skymet raises funds to boost tech for accurate forecast of floods, cyclones
Amount will help in setting up more ground observation units in calamity-prone eastern India. Skymet aims to help mitigate risks and provide accurate data to farmers in the region
 "Skymet raises funds to boost tech for accurate forecast of floods, cyclones")
India's first venture fund by startup founders launched with $85 mn corpus
The men behind the fund are Girish Mathrubootham of Freshworks, Manav Garg of Eka Software, Shubham Gupta (ex-Matrix) and Avinash Raghava (ex-Accel)
 "India's first venture fund by startup founders launched with $85 mn corpus")
Skymet raises Rs 12cr in debt funding from Northern Arc, Caspian Impact
According to Allied Market Research, need for more accurate prediction has unleashed a wider domain for the global weather forecasting market to grow from $1.2 bn in 2016 to $2.7 bn by 2023
 "Skymet raises Rs 12cr in debt funding from Northern Arc, Caspian Impact")
AR-based social media platform Flam raises $3.5mn led by Inventus Capital
Flam brings AR to consumers with FlamCards that print videos on card
Gupshup raises additional $240 mn to expand global footprint
The new funding round follows the $100 million raise from US-based investment firm Tiger Global in April at a $1.4 billion valuation.
ShareChat, Moj valued at $2.88 billion in $145-million fundraise
Investment was led by Singapore state investor Temasek, Moore Strategic Ventures and Mirae-Naver Asia Growth Fund
 "ShareChat, Moj valued at $2.88 billion in $145-million fundraise")
Bandhoo raises $1.1 mn funding to make labour market more transparent
Construction is a $200 billion market in India and so far hasn't adopted much technology in its operations and Bandhoo is tapping that opportunity.
 "Bandhoo raises $1.1 mn funding to make labour market more transparent")
Beauty brand MyGlamm closes Accel-led funding round at Rs 530 crore
The top-up was led by marquee global venture capital firm Accel along with existing investors
 "Beauty brand MyGlamm closes Accel-led funding round at Rs 530 crore")
