Page 18 - Startup

Virendra Sehwag takes cricket coaching online with sports startup Cricuru

Cricuru is an online platform for cricket coaching, which it delivers through a repository of video tutorials by professional cricketers and an AI-powered tool

Urban Company hires new leaders, to on-board over 100 engineers in FY22

The firm also announced the appointment of Amit Das as Vice President, Design and Research

SoftBank fund leads $90 mn Series-D round in SaaS startup Whatfix

Valuation of Bengaluru-based startup triples to touch $600 mn

Food tech startup Daalchini Technologies plans to raise growth capital

Food-tech startup Daalchini Technologies plans to raise growth capital of up to USD 8 million (around Rs 58 crore) in the next 2-3 years to support its growth plans.

TechEagle gets approval to deliver medicines using drones in Telangana

Delivery is being done in collaboration with the Government of Telangana, NITI Aayog and World Economic Forum

IPV leads early-stage funding of Rs 3 cr in music learning startup Spardha

A few US-based HNIs also participated; firm offers personalised courses, has grown 10x in past 12 months of pandemic, with over 5,000 registered users and over 1,300 paid users in India and the US

Tiger Global leads $15.6 mn round in health insurance startup Plum

Tiger Global's investments this year have helped Cred, Innovaccer, ShareChat and other companies to become unicorns.

Jai Kisan, startup for financial services in rural India, raises $30 mm

Jai Kisan said it will use the funds to expand in tier-2, tier-3 cities and rural parts of the country.

Chocolate maker Smoor to raise Rs 50 cr, open over 100 outlets in 5 years

Smoor will also be launching an experience centre in Bengaluru where visitors would be able to experience the craft of exquisite chocolate making.

upGrad acquires video-enabled learning platform Impartus in Rs 150cr deal

Post the acquisition, Impartus has been integrated into the upGrad ecosystem and rebranded as 'upGrad Campus'

Content and creativity come to the fore with Fandawm, a short video production startup

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Blue Origin discloses $2 mn as current highest bid for seat on space flight

Blue Origin, billionaire Jeff Bezos' rocket company, disclosed $2 million as the current highest bid for a seat on its New Shepherd spacecraft after the startup closed the first phase of its auction.

Startup Virohan raises $3 mn, says will train million paramedics by 2025

Company says it has trained over 5,500 people since the pandemic started last year.

This Pune-based startup is helping coronavirus patients find beds, plasma

Urban Company raises $190 mn at $2-bn valuation, joins unicorn club

Besides Prosus, the other investors include DF International and Wellington Management

CareerLabs raises $2.2 mn from Rocket Internet's VC fund GFC, others

Profile building startup CareerLabs on Monday said it has secured USD 2.2 million in a new financing round led by Rocket Internet's VC fund Global Founders Capital to scale its platform.

Fintech lending startup KreditBee raises $75 mn in Series C equity round

Bengaluru-headquartered fintech lending startup KreditBee has concluded its Series C equity round worth USD 75 million from Premji Invest, Mirae Asset Naver Asia Growth Fund, Alpine Capital and Arkam Ventures consisting of both primary and secondary investment. "With a larger portfolio of loan products, our objective is to provide credit to over 180 million new-to-credit customers who were not provided formal credit earlier. This investment would help us take more positive steps towards achieving that," Co-Founder & CEO of KreditBee Madhusudan E said. The holding entity has previously raised over USD 43 million cumulatively in equity from investors including ICICI Bank and Arkam Ventures, it noted in a statement on Monday. Registered in March 2016, the group entity also holds Krazybee Services Private Limited, Systemically important non-deposit taking non-banking financial company (NBFC-ND-SI) registered with the Reserve Bank of India since May 2017. The group ...

Indian Angel Network plans to invest over Rs 100 cr in start-ups in 2021

IAN has invested in start-ups like FarEye, Fab Alley, HungryZone, Staqu etc. In 2020, IAN exited 3-4 companies after registering 15 times growth on the invested capital

Gaming startup MPL set to become next unicorn after $95 mn fundraise

The coronavirus pandemic-induced lockdown in 2020 has provided a fillip to an already-booming esports industry in India and the world.

Hyundai invests in startup UVeye for automated vehicle inspection system

The Tel Aviv-based UVeye said it has raised more than $40 million from Hyundai Motor and other strategic investors since its launch four years ago