Page 11 - Startups In India

Doxel raises $40 mn in Series B funding from Insight Partners, others

The funding would help Doxel to accelerate recruiting across its engineering, sales, marketing and product teams

Blue Tokai raises Rs 17 cr in pre-series B bridge round led by Anicut Angel

The company started out selling its specialty coffee online and via B2B partnerships; then sought to provide the complete coffee experience through cafes

Cloud-garage startup Fixcraft raises $1 million in pre-series A round

The brand has already serviced 3,500 customers till date and plans to double the number by the end of the financial year 2021-22

Messaging firm Gupshup raises $240 mn from existing and new investors

This funding round follows the $100 million raise from Tiger Global in April, at a $1.4 billion valuation. Gupshup's valuation remains unchanged post the current round

Flipkart Ventures, Tiger Global invest in Thrasio-style venture G.O.A.T

G.O.A.T was founded by Rameswar Misra and Rishi Vasudev, a veteran retail executive, who previously headed Flipkart's fashion business.

Bizongo scales to $150 mn in annualised revenue, nears profitability

Bizongo is backed by investors such as Schroder Adveq, CDC Investment, AddVentures, Chiratae Ventures, IFC, Accel and B Capital Group

16 unicorns, $11bn funding: Indian startups rise sans Chinese money

The great Indian tech startup story is being rewritten amid the Covid-19 pandemic as traditional sectors still bear the brunt.

Droom founder, family office to invest in 10-12 startups every year

Droom founder Sandeep Aggarwal and his family office have invested over Rs 25 crore in 18 startups, they are looking at backing about 10-12 companies a year in startup ecosystem

Zomato IPO subscribed 38 times, generates demand worth over Rs 2 trillion

Nearly three-fourth of bids came from institutional investors, with QIB portion garnering 52x subscription

Valuation of Indian unicorns to rise manifold amid pandemic: Experts

Experts say large funding rounds and valuations demonstrate significant interest from global investors, including sovereign funds, private equity and crossover funds

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

Edtech firm upGrad earmarks $250 mn for M&A, non-linear growth

upGrad is set to cross $500 million annual revenue run rate by March 2022 and is looking to raise close to $400 million at a $4 billion valuation.

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

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

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

Inflection Point Ventures leads in early-stage round in AR start-up peAR

The startup's proprietary image to 3D model technology has enabled it to make 3D models of the food at scale

Meddo Health closes pre-series A round at $6 million led by SRI Capital

Meddo equips OPD clinics with tech-enabled solutions to turn them into full-service medical centres, complete with ERM systems, diagnostic support, medicine delivery services/support

AstraZeneca partners with Docon to digitise 1,000 clinics across India

Biopharmaceutical company AstraZeneca India (AstraZeneca Pharma India Limited) on Wednesday announced that it has signed a memorandum of understanding with Bengaluru-based health startup, Docon Technologies, for digitising 1,000 clinics across India. Under the partnership, Docon will equip the identified clinics with customised Electronic Medical Record (EMR) systems enabling clinicians to access complete patient history, a joint statement said. "This willgo a long way in helping the clinical community better treat chronic patients and manage long-term complications of non-communicable diseases (NCDs) like diabetes and cardiovascular diseases', it said. Towards reaching the 1,000 clinics goal in 2021, on ground identification and support has been placed in 30 cities. Till now, as a part of the pilot phase, around 200 clinics have been upgraded with many of them being in Tier 1 & 2 towns, the statement said. In addition to providing the clinicians with a three day ..

This year will be challenging from supply perspective: PolicyBazaar.com CEO

In a Q&A Sarbvir Singh dwells on the current trends in the insurance space and how his firm's business model will change now that it has got a broking licence

9Unicorns achieves fourth close of accelerator fund at $50 million

Commits investments in 59 startups with a combined valuation of $420 million