Page 10 - Startup

Lead start-up, innovation movement: Assam CM Himanta to Gauhati

Assam CM Himanta Biswa Sarma urged Gauhati University to lead a start-up and innovation movement in the state and assured the institute that it will get all support from the government.

MinIO raises $103 mn in Series B funding round, joins the Unicorn list

Investment was led by Intel Capital with participation from new investor SoftBank Vision Fund 2, and existing investors Dell Capital, General Catalyst and Nexus Venture Partners

Health and travel platform Hospals raises $3.5 mn in pre-series A round

The startup has already served over 22,000 patients from 38 countries to get medical advice, teleconsults and surgical treatments across over a hundred hospitals in its network

India's next UPI moment can be Open Network Digital Commerce: Piyush Goyal

ONDC will help the common man get access-new age technology at affordable costs

Oyo founder Ritesh Agarwal's family office funds agritech startup Agrowave

Anu Meena, an IIT Delhi alumni started Agrowave to solve the problem faced by her grandfather and millions of farmers in selling their fresh produce.

Rocketlane raises $18 mn in series A round fund led by 8VC

Firm founded by ex-Freshworks executives; series A has been raised just 7 months after seed

Logistics optimising platform MatchLog raises $3 mn in pre-series-A round

MatchLog claims it is India's first firm to offer at scale the ability to turnaround a container from import to export cycle, thereby eliminating empty runs to and from container yards

SaaS starup Trainn raises $700,000 in seed round led by Speciale Invest

With the infusion of funds, the company plans to expand its team, fuel go-to-market programs, and accelerate product development.

NowPurchase raises $2.4 mn seed from Orios Venture, InfoEdge Ventures

Angel investor Neeraj Arora (ex-WhatsApp global business head & Co-Founder HalloApp) also participated in the round

Pet treat brand Dogsee Chew raises Rs 50 cr in Series-A funding round

Drugmaker Mankind Pharma and existing backer Sixth Sense Ventures participate; recipient is only company to offer 100% vegetarian dog treats

1,000 biz owners to launch Paytm founder-backed social media Pepul on R-Day

Firm plans to raise Rs 200 cr by June for expansion

Flipkart launches Leap Ahead and Leap Innovation Network startup programmes

Designed to cater to startup needs across stages, the two programmes will support enterprises through insights, mentorship and funding, and helping them scale and build disruptive innovations

This decade is being called as 'techade' of India: PM Modi at startup meet

In an interaction with startups, Prime Minister Narendra Modi on Saturday said that this decade is being called as 'techade' of India

Indian mobility tech startup EVage raises $28 mn from US-based VC firm

EVage on Friday said it has raised $28 million from US-based venture capital firm RedBlue Capital.

Curefoods raises $62 mn from Iron Pillar, Chiratae Ventures, Accel, others

Curefoods plans on utilising the investment to continue acquiring major cloud kitchen brands across the country.

Glamplus raises $700,000 in pre-series A round from Blume Ventures, others

Funds will be utilised in vertical tech SAAS capabilities along with expansion of B2B marketplace business to scale to 10,000 partners and monthly revenues of Rs 5 crore/month by March

IppoPay raises $2.1 mn in seed funding from Coinbase Ventures, others

Set up in November 2020, IppoPay has enabled 50,000 offline merchants and daily income earners in Indian Tier-2, Tier-3, and rural markets to boost their revenues through acceptance of payments online

The ePlane Co raises $5 mn in pre-series A led by Specilae Invest, Micelio

Firm aspires to build world's most compact flying taxi, as well as cargo transport to help reduce congestion on roads and emissions from ground transport, and lower the risk of road accidents

Agility Ventures to launch Sebi-approved Rs 450-cr fund

With AIFs (Alternative Investment Funds), it is looking at deploying Rs 75 crore this year in over 50 startups, which will also include fintech, cyber security and crypto

AI and Computer Vision platform Avataar raises $45 mn in Series B funding

Avataar's platform powers the largest global eCommerce marketplaces and leading D2C brands, shaping consumer journeys with life-sized 3D product evaluation coupled with interactive feature discovery.