Page 9 - Start Ups
2021 start-up ranking: Gujarat, Karnataka emerges as best performers
Top performers among the larger states include Kerala, Maharashtra, Odisha and Telangana
 "2021 start-up ranking: Gujarat, Karnataka emerges as best performers")
2021 start-up ranking: Gujarat, Karnataka emerges as best performers
Top performers among the larger states include Kerala, Maharashtra, Odisha and Telangana
AquaExchange raises $3 mn from Endiya Partners, Accion Venture Lab
The company will deploy the capital in strengthening its technology, e-commerce operations & expanding its farm automation footprint to over 100,000 acres of farms by the end of FY23
 "AquaExchange raises $3 mn from Endiya Partners, Accion Venture Lab")
Shiprocket's logistics volume to grow 40% after Pickrr acquistion: CEO
Shiprocket is acquiring a majority stake in Pickrr for an estimated $200 million in cash, stock and earn-out
 "Shiprocket's logistics volume to grow 40% after Pickrr acquistion: CEO")
SaaS startups gain favour as funding slows down for other companies
According to the Venture Intelligence data, year-to-date, SaaS start-ups have raised almost $1.8 billion
 "SaaS startups gain favour as funding slows down for other companies")
Foreign study co Leap raises $75 mn in Series D, total funding tops $150 mn
Round led by Owl Ventures with participation from Steadview Capital and Paramark Ventures, and existing investors Jungle Ventures and Sequoia
 "Foreign study co Leap raises $75 mn in Series D, total funding tops $150 mn")
India-focused funds on road to raising around $9.8 bn in CY22: Data
While $9.8 billion is the target for the year, about 18 India-focused funds have already raised $1.74 billion. But what is more substantial is the fact that Asia-focused dry powder is $173.4 billion
 "India-focused funds on road to raising around $9.8 bn in CY22: Data")
Second-sale realty broker Settlin raises $1 mn in pre-series A round
Powerhouse Ventures, Rajesh Sawhney-founded GSF Fund, and Bharat Matrimony founder among investors; funds to be used for expanding within Bengaluru
 "Second-sale realty broker Settlin raises $1 mn in pre-series A round")
Groyyo raises $40 million in Series A funding round led by Tiger Global
These funds will be utilised to scale up the team across manufacturing clusters in India and Bangladesh and key demand belts in the United States and European Union
 "Groyyo raises $40 million in Series A funding round led by Tiger Global")
Teaching is still my first love: Alakh Pandey, CEO & founder PhysicsWallah
He is gearing up to launch educational content in nine languages, including, Bengali, Marathi, Tamil, Telugu, Gujarati and Malayalam
 "Teaching is still my first love: Alakh Pandey, CEO & founder PhysicsWallah")
Beauty start-up Purplle raises $33 mn in funding, gets unicorn status
It is the second Indian startup this week to be valued at more than $1 billion, after edtech firm Physics Wallah.
 "Beauty start-up Purplle raises $33 mn in funding, gets unicorn status")
Chennai-based SaaS co Kissflow launches new low-code/no-code work platform
Platform unifies the entire spectrum of work management for enterprise-wide users. This includes end-users, teams, team managers, process experts, citizen developers and IT developers
 "Chennai-based SaaS co Kissflow launches new low-code/no-code work platform")
Garuda Aerospace picks 'farmer' MS Dhoni as shareholder, brand ambassador
To have MS Dhoni as a part of the Garuda Aerospace family is honestly a dream come true, says Garuda Aerospace CEO, Agnishwar Jayaprakash
 "Garuda Aerospace picks 'farmer' MS Dhoni as shareholder, brand ambassador")
Animal husbandry startups offer hi-tech solutions to livestock sector
The Startup developed a series of farms and the necessary ecosystem that ensures that the milk drawn from the cows reaches the collection centre faster and without contamination
 "Animal husbandry startups offer hi-tech solutions to livestock sector")
Abu Dhabi looks to house more Indian startups in Hub71 ecosystem
The Emirate of Abu Dhabi is keen on housing more Indian startups in its 'Hub71' ecosystem after having already met with some successes, officials said.
 "Abu Dhabi looks to house more Indian startups in Hub71 ecosystem")
Powering a range of devices to give specially-abled a sense of independence
Chennai-based startups use EV and augmented alternative communication to offer solutions that allow their special customers to lead much more normal lives than they could otherwise
 "Powering a range of devices to give specially-abled a sense of independence")
Alternative data insights startup Synaptic raises $20 mn from Valor
Synaptic is used by leading venture capital and private equity firms, Hedge Funds, and Asset Managers globally with combined assets of several hundred billion dollars
 "Alternative data insights startup Synaptic raises $20 mn from Valor")
Esports fan engagement startup STAN raises $2.5 mn in seed funding
The round was led by venture capital firm General Catalyst, alongside other VCs including Better Capital and Eximius Ventures
 "Esports fan engagement startup STAN raises $2.5 mn in seed funding")
PM calls upon spiritual centres to inspire startups, Make in India drives
Prime Minister Narendra Modi on Sunday said that spiritual centers can become centers of inspiration for startups and Make in India initiatives in the country
 "PM calls upon spiritual centres to inspire startups, Make in India drives")
Cars24 to Vedantu, start-up lay-offs accelerate on capital crunch worries
Falling valuations, slowing funding rounds add to woes; move aimed at conserving cash and shore up profitability
 "Cars24 to Vedantu, start-up lay-offs accelerate on capital crunch worries")
