Page 17 - Startup

Tatva Chintan Pharma Chem raises Rs 150 cr from anchor investors

Tatva Chintan Pharma Chem on Thursday said it has garnered Rs 150 crore from anchor investors ahead of its initial share sale, which will open for public subscription on Friday.

Self-driving vehicle start-up Aurora to go public in $11-bn Spac merger

The deal represents an equity value of $11 billion for Aurora, and the combined company will be valued at $13 billion, according to a statement Thursday.

Zomato IPO gets Twitter buzzing with tweets from startup community

Deepinder Goyal 'stress eating', Vijay shekhar Sharma of Paytm cheers along

Amazon Web Services launches programme to empower PSU startups in India

India is the first to roll-out the program focused on enabling early-stage startups in the public sector

Meat startup TenderCuts enters Bengaluru, to add 10 stores by year-end

Firm follows omni-channel model; the order a customer places for a product is directed to nearest TenderCuts store and the butcher slices the meat only after the order is received

Construction mgt app Powerplay raises $5.2 mn from Accel, Surge and others

Powerplay is a free mobile app that connects multiple stakeholders involved in construction, enabling them to communicate and collaborate more efficiently

E-commerce firm DealShare's valuation crosses $455 mn after raising $144 mn

The firm, which runs an e-commerce platform for middle and lower-income consumers, expects to hit a $1 bn GMV run rate by year-end and build a 10 mn-strong customer base

Bike taxi startup Rapido plans to ramp up hiring of women captains

India's largest bike taxi platform has also filed for the bike taxi service application with the State Transport Authority in Karnataka

How Zeta acquired Unicorn status in the very first round of funding

Enterprises typically reach the feat at series C or series D, or three to four funding rounds later

WinZO raises $65 mn in Series C round, led by Griffin Gaming Partners

Griffin is making its first-ever investment in India in WinZO

Zoom acquires German startup for ML-based translation capabilities

To bring real-time machine-learning-based translation to the platform, video conferencing app Zoom has signed a definitive agreement to acquire German startup Kites

10club raises $40 mn in one of largest seed rounds in e-comm roll-up space

The funding round was co-led by Fireside Ventures and an international investor active in the space

NIRAMAI COVID screening solution receives funding from UK's CDC Group

NIRAMAI is an investee of Pi Ventures, a fund backed by CDC Group ("CDC", the UK's development finance institution and impact investor)

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.

IPV leads early-stage investment in FMCG distribution platform Dropshop

The startup is a full-stack platform for FMCG companies to digitise their last-mile distribution such as sales, logistics and credit to retailers.

Swedish startup Klarna raises funds from SoftBank at $45.6 bn valuation

Klarna in March raised $1 billion at a valuation of $31 billion, tripling its price from a previous round in September.

Wellness startup Pee Safe raises Rs 25 cr for R&D, product launches

The brand is also looking at raising Series B funding later this year.

Eightfold AI raises $220 mn from SoftBank Vision fund, valuation doubles

Startup doubles valuation to $2.1 billion in seven months

Cult.fit forays into hardware, acquires fitness equipment startup Tread

Company to set up fitness equipment vertical, sell smart workout bikes in India market