Parking Spot Reservation Platform ParkSmart raises INR 1.5 CR from ah! Ventures and Marwari Angels
ParkSmart, a parking spot reservation platform founded by graduates from IIT Delhi has raised INR 1.5 CR through ah! Ventures angel platform. Marwari Angels also participated in this round. This is ah! Ventures 57th investment taking its total investment portfolio to INR 178 CR with 9 exits till date.
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Tuesday, 14 July 2020
Parking Spot Reservation Platform ParkSmart raises INR 1.5 CR from ah! Ventures and Marwari Angels
Hyderabad Based eCommerce Startup 'IncNut Digital' Raises $4 Million In Series A Funding
Hyderabad Based eCommerce Startup 'IncNut Digital' Raises $4 Million In Series A Funding
eCommerce startup IncNut Digital has raised $4 million in its Series A round. The funding round was led by early-stage consumer-centric venture capital fund, RPSG Ventures. The startup plans to use the funding amount to strengthen and expand the Research and Developments labs.
From Rs 40 lakh to Rs 6 crore, the startup FreshWrold is modernising the way we buy fruits and vegetables
From Rs 40 lakh to Rs 6 crore, this startup is modernising the way we buy fruits and vegetables
We all love eating farm-fresh fruits and vegetables. But sometimes, the vendor doesn't show up, or we miss out on them by a few minutes, or we just don't have the exact change in cash.
Delhi-NCR sees highest number of new startups during January-June, 2020
Delhi-NCR sees highest number of new startups during January-June
Between January and June, 109 startups were founded in Delhi-NCR, followed by 63 in Bengaluru and 44 in Mumbai, according to data by venture capital industry tracker Tracxn. Sectors such as edtech, fintech and enterprise applications saw more traction with several start-ups also repurposing their solutions to offer covid-related solutions.
Sony invests $250 million in Fortnite maker Epic Games, valuing it at $17.86 Bn
Sony invests $250 million in Fortnite maker Epic Games
Take the latest VB Survey to share how your company is implementing AI today. Sony has invested $250 million for a minority stake in Fortnite maker Epic Games, the companies announced today. With the new money, Epic Games has raised $1.83 billion to date.
Confederation of Indian Industry (CII) sets up centre for startups in Telangana
CII sets up centre for startups in Telangana
Industry association CII on Saturday said it has set up a centre in Telangana to help startups to connect with large business houses and corporates. CII Centre for Innovation, Entrepreneurship, and Startups will also focus on deep-tech startups in the manufacturing sector to help create unicorns.
T-Hub partners IT Ministry to mentor hardware startups in India - Sentinelassam
T-Hub partners IT Ministry to mentor hardware startups in India - Sentinelassam
NEW DELHI: Hyderabad-based global start-up catalyst T-Hub on Friday announced a partnership with the Ministry of Electronics and Information Technology (MeitY) to lead Digital India's Scale Up programme for hardware and Internet of Things (IoT) startups across India.
BlueNalu Signs MOU with Pulmuone, Announces Partnership Bringing Cell-Based Seafood to South Korea - BlueNalu, Inc.
BlueNalu Signs MOU with Pulmuone, Announces Partnership Bringing Cell-Based Seafood to South Korea - BlueNalu, Inc.
BlueNalu, a leading food technology company developing cell-based seafood products, announced today the signing of a Memorandum of Understanding (MOU) with Pulmuone Co. Ltd., a leader in healthy lifestyle and environmentally-friendly food products headquartered in South Korea. Pulmuone also particip
UK challenger Monument to tap Britain's mass affluent - FinTech Futures
UK challenger Monument to tap Britain's mass affluent - FinTech Futures
Monument, a new UK fintech challenger, is looking to tap Britain's 3.5 million mass affluent population with savings and lending products.
Startup Pathbooks Allows You to Access Hundreds of Interactive Books with Various Alternative Endings
Crea tu propia historia durante esta cuarentena con PathBooks
Seguramente conoces el cuento de La Cenicienta, la historia de una joven cuya madrastra la ha convertido en su sirvienta y que finalmente es rescatada por un apuesto prÃncipe con el que se casa y vive feliz para siempre. ¿Te imaginas que pasarÃa si la joven decidiera no casarse y en su lugar optara por emprender un negocio?
Matrix Moments: Asish Mohapatra's journey from being an investor to building a fintech startup at scale
[Matrix Moments] Asish Mohapatra's journey from being an investor to building a fintech startup at scale
In this episode of Matrix Moments, Asish Mohapatra talks with Vikram Vaidyanathan, Managing Director, Matrix Partners India, about his journey of building OfBusiness, and his transition from being an investor at Matrix Partners India to the founder of a fintech startup.
How A Tech Entrepreneur Broke Records With A $189M Valuation Pre-Launch On The Road To $1B
How A Tech Entrepreneur Broke Records With A $189M Valuation Pre-Launch On The Road To $1B
Bottom Line: Traditional banks aren't innovating fast enough to improve credit card fraud, endpoint cybersecurity, AI-powered end-to-end identity verification and more intuitive user experiences creating new opportunities for startups. Fintech is forecast to achieve a compound annual growth rate (CAGR) of 25% through 2022, reaching a market value of $309B.
YourStory Exclusive: Whiteboard Capital commits up to Rs 100Cr more to invest in hardware startups to boost 'Made in India' drive
[YS Exclusive] Whiteboard Capital commits up to Rs 100Cr more to invest in hardware startups to boost 'Made in India' drive
After Prime Minister Narendra Modi's war cry for 'Vocal for Local,' many Indian startups and domestic businesses are seizing the opportunity to accelerate the manufacture of 'Made in India' products. Similarly, many Indian investors have been driving the push for more homegrown innovations and products, with the bulk of these investments focussed on startups delivering software solutions.
Pune-based Mylab launches 'Compact XL' to automate molecular diagnostic tests for COVID-19
Pune-based Mylab launches 'Compact XL' to automate molecular diagnostic tests for COVID-19
Pune (Maharashtra) [India], July 7 (ANI): Pune-based molecular diagnostics company, Mylab Discovery Solutions has launched 'Compact XL' - India's first machine to automate the manual processes of molecular diagnostic tests such as RT-PCR tests for Covid-19.According to an official press release, Compact XL is a compact bench-top machine that will automate lab processes from sample handling to preparing RT-PCR ready tubes.It is a cartridge-based machine and can test multiple samples at the same time.
Startup Mergers & Acquisitions: SaaS Unicorn Freshworks Acquires Pune Based Cloud Platform 'Flint'
SaaS Unicorn Freshworks Acquires Pune Based Cloud Platform 'Flint'
SaaS unicorn Freshworks has acquired Pune-based cloud platform Flint for an undisclosed amount. Freshworks said that this acquisition will strengthen its IT service management (ITSM) and IT operations management (ITOM) capacity. Founded by Ankur Gakkhar and Abhishek Pande in 2013, Flint offers an enterprise-grade IT operations system and an intuitively designed dashboard.
India: Asteria's A400 Unmanned Aerial System receives DGCA Certification
Asteria's A400 Unmanned Aerial System receives DGCA Certification
Asteria Aerospace is pleased to announce that its flagship multi-rotor product, A400 Unmanned Aerial System (UAS) has been granted provisional certification from India's statutory body - the Directorate General of Civil Aviation (DGCA). The certification of the A400 is a significant addition to Asteria's suite of DGCA certified products, adding to the previous certification granted for micro class A200 UAS.
Saturday, 11 July 2020
Startup Funding Alert: Pune Based Tech Startup 'GigIndia' Raises Rs 7.3 Cr In Pre-Series A Funding Round
Pune Based Tech Startup 'GigIndia' Raises Rs 7.3 Cr In Pre-Series A Funding Round
Pune-based tech startup GigIndia has raised Rs 7.3 crore in pre-Series A funding round led by Incubate Fund India with participation from Beyond Next Ventures. The funding round also saw the participation from existing angel investors S Ramadorai (former TCS CEO); Ravi Nigam (former MD & Co-founder of Tasty Bite Eatables); Kiran Deshpande (former CEO of Tech Mahindra); and Shashank Deshpande (Co-founder of Clarice Technologies).
YourStory Weekly Funding Roundup: Investments into startups touch $106 million for the week July 6-11, 2020
[Weekly funding roundup] Investments into startups touch $106 million
The second week of July has been very eventful for the Indian startup ecosystem with total investments crossing the three figure mark of $100 million after a gap of nearly six weeks. This period also witnessed a leading edtech startup acquiring another upcoming company.
Inc42 Media: Indian Startup Funding Of The Week [July 6- 11, 2020]
Funding Galore: Indian Startup Funding Of The Week [July 6- 11]
SoftBank has infused an additional $130 Mn in PolicyBazaar's parent company Aye Finance has raised $16 Mn in debt, two weeks after raising $27 Mn in venture capital Freshworks has acquired Pune-based cloud platform Flint for an undisclosed amount We bring to you the latest edition of Funding Galore: Indian Startup Funding Of The Week!
Indian Startup Homefoodi on-boards more than 250 Home Chefs
Indian Startup Homefoodi on-boards more than 250 Home Chefs
The Made in India Start-Up aims to create self-employment opportunity for one lakh Home Chefs. Homefoodi, incepted in October 2019, is a Mobile Application for Home Food made by Home Chefs that empowers and connects the society. This Indian startup comes with the aim of making Home-cooked meals accessible to every individual.