Page 55 - Start Ups

Fintech firm Slice raises $20mn to challenge credit card industry in India

Slice has raised this amount from existing investors Gunosy, Blume Ventures among others.

Game streaming platform Loco raises $9 mn from Lumikai, Korea's Krafton

The round also saw participation by Hashed, Hiro Capital, North Base Media, Axilor Ventures, and 3one4 Capital

Fintech startup slice raises $20 mn from Gunosy, Blume Ventures and others

slice has also launched two new features, which, the firm said, makes the slice super card the best way for millennials and gen z to make payments.

Content startup Pratilipi raises Rs 20 cr in debt from Alteria Capital

Pratilipi has over 350,000 writers who have published over 4.5 million stories in 10 Indian languages including Hindi, Gujarati, Bengali, Marathi, Kannada, Urdu, and English among others.

Internet seer: Former Buddhist monk preps IPO for crowdfunding startup

Campfire helps individuals and small groups raise funds online, making it the biggest such business in Japan.

Classplus raises $65mn funding from Tiger Global, GSV Ventures, AWI

This is the fourth round of funding raised by the company in the last 15 months.

WINDO raises $500,000 in seed round led by Unicorn India Ventures

WINDO, founded in 2020, by second-time entrepreneurs Silus Reddy Chintapalli, Rakesh Vaddadi, is an Instagram commerce-focused tech startup

GoMechanic secures $42mn in Series C funding round led by Tiger Global

Sequoia Capital India, Orios Venture Partners & Chiratae Ventures also participated in the round.

Kazam raises Rs 7 cr in seed round led by Inflection Point Ventures

In a short span of 5 months, Kazam has built the hardware & software tech for affordable and smart EV charging infrastructure

CommerceIQ raises $60 million from Insight Partners, others

The startup will be using the funds for international expansion and product research and development

Speciale Invest: A VC fund that bets on disruptive tech at the seed stage

Among its investments are aerospace manufacturer Agnikul, space tech startup AstrogateLabs, The eplane Company, which aims to build all-electric flying taxis

Smart city player Quantela raises $40 mn growth capital from Digital Alpha

Bags the first outcome based project from Kerala government in India

CityMall raises $22.5 mn in funding from General Catalyst, others

Recently, the company has expanded beyond daily-use products like groceries and FMCG products, into fashion, electronics, electrical appliances, cosmetics and others.

India's unicorn tally touches 50, MindTickle the latest entrant

Industry experts have been saying that the Indian unicorn list is expected to only rise as fund houses with access to liquidity are looking at avenues for investment.

Tiger Global, Sequoia lead $25 mn round in financing startup Progcap

Founded by Pallavi Shrivastava and Himanshu Chandra, Progcap has over 300,000 retailers across 50 corporates and has disbursed over Rs 1,500 crore of loans so far

Home fitness startup Portl raises undisclosed amount from Kalaari Capital

Company say it has developed proprietary tool for personalised workouts, nutrition advice.

Grofers co-founder Saurabh Kumar exits co, will continue as board member

The development comes at a time when the SoftBank-backed company is looking at launching an initial public offering (IPO).

BharatPe in talks to raise $250 mn led by Tiger Global, says Report

Fintech major BharatPe, that hit a new high with 106 million monthly transactions in UPI in March this year, is reportedly raising nearly $250 million in its next funding round led by Tiger Global

Vishal Sikka's Vianai raises $140 mn from SoftBank Vision Fund, others

The two year-old startup will use the funding to accelerate the delivery of its human-centered AI platform and products to enterprises worldwide.

JPMorgan, Goldman, two other banks hired by Paytm for proposed $3 bn IPO

The board of the startup, formally called One97 Communications, also approved Morgan Stanley and ICICI Securities Ltd. to help with the sale, the people said, asking not to be identified as the matter