Page 32 - Startups

ORAI raises Rs 3.6 cr in pre-Series A round from Inflection Point Ventures

The funds raised would be used for international expansion and collaborations, sales and marketing along with product development and enhancement

Pristyn Care's valuation crosses $550 mn, raises $53 mn in funding round

Healthcare startup specialises in surgeries, plans to expand its business in more cities and towns.

How Covid-19 is accelerating digital manufacturing for factories in India

The ecosystem for digital manufacturing in India isn't yet as complex as it is in the West or China but is developing breadth and depth

Qapita raises $5 mn in Pre Series A round led by MassMutual Ventures

Qapita helps private firms and startups record and manage capitalisation tables (cap tables) and ESOPs. It also aims to digitise issuance of equity awards and shares

Of dubious products & cautionary warnings

Are "dubious" new categories and "shady" new brands, financed and funded by avaricious investors trying to change the contours of the Indian marketplace forever?

Amazon launches $250 mn venture fund for Indian startups, entrepreneurs

The fund will specifically focus on encouraging the best ideas to digitise SMBs

Rise of risk capital

Private funding is bridging a crucial gap

Amazon India launches mentor programme for startups, emerging brands

Amazon India on Sunday announced the launch of its 'Mentor Connect' programme, which is aimed at accelerating the growth of startups

Delivery start-up Dunzo eyes unicorn status, seeks $150 million funding

The app has lured people with its rapid delivery of items ranging from groceries to parcels in cities

Startup PumPumPum gets Rs 5.5 cr to expand used car leasing business

Company says it plans to expand to 15 cities in five years, lure millennials for clients.

True North sells Policy Bazaar stake to Serum Institute, four others

True North disclosed neither the quantum of stake sold nor the value

EV start-ups feel the spark of recovery, kick-start post-pandemic biz plans

Overall, the past year has forced the EV industry to think differently in terms of so­u­rcing components

Mohalla Tech, parent company of ShareChat & Moj, raises $502 million

ShareChat will use the latest fund to expand in India and the US, and strengthen its artificial-intelligence powered recommendation engine, platform health and creator community

Meesho becomes unicorn after SoftBank-led $300-million fundraise

Social commerce opportunity in India is pegged at $16-20 billion by 2025

Video startup Chingari raises $13 mn, plans 100 mn users in 6 months

Homegrown Chingari said it will use the funds to grow from 56 million users to over 100 million in two quarters, enhance its content, and hire talent

The start-up enemies of Wall Street are booming

Times are flush for young tech companies like Stripe and Coinbase, which are having a moment as they upend the financial establishment

With help from angel networks, investors get to back rising startups

Angel networks allow people to make collective investments and bring quality startups to their table

Startup of the year: Freshworks aims to become a $1-bn company in 5 years

Freshworks has set its sights on increasing revenue to over $1bn inthe next five years as it prepares to take advantage of the vast untapped SaaS market

Social e-commerce platform CityMall raises $11 mn in new funding round

CityMall will use the funds to strengthen its supply chain, logistics and expand to 20 new cities.

Sebi approves a slew of relaxations to norms to encourage start-up listing

Sebi makes Innovator Growth Platform more accessible to companies in view of the evolving start-up ecosystem