India Startups

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India’s First Private Satellite Earth-Imaging Company Pixxel Raises US$5M Seed Funding

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Pixxel plans to launch 30 satellites by 2022, with the first scheduled to launch towards the end of 2020 Indian spacetech startup Pixxel has raised US$5 million in a seed financing round led by Blume Ventures, growX Venture Management, and Lightspeed India, according to a press statement released on Wednesday. Other investors who participated in […]

India’s First Private Satellite Earth-Imaging Company Pixxel Raises US$5M Seed Funding Read More »

Pixxel plans to launch 30 satellites by 2022, with the first scheduled to launch towards the end of 2020 Indian spacetech startup Pixxel has raised US$5 million in a seed financing round led by Blume Ventures, growX Venture Management, and Lightspeed India, according to a press statement released on Wednesday. Other investors who participated in

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Transcelestial is Tackling the Global Internet Distribution Problem

Transcelestial is Tackling the Global Internet Distribution Problem

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Will a startup solve the global Internet distribution problem before SpaceX? With more than 3 billion people across the world living without Internet connections in an age when most people cannot imagine their lives without it, Rohit Jha and Dr Mohammad Danesh founded Transcelestial in 2016 and set out on the path to build an

Transcelestial is Tackling the Global Internet Distribution Problem Read More »

Will a startup solve the global Internet distribution problem before SpaceX? With more than 3 billion people across the world living without Internet connections in an age when most people cannot imagine their lives without it, Rohit Jha and Dr Mohammad Danesh founded Transcelestial in 2016 and set out on the path to build an

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Indian Startups Mitron and Trell Make Hay Amid Chinese App Ban

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Indian TikTok alternatives Mitron and Trell have raised fresh funding of US$5 million and $11.43 million respectively Since the Indian government banned popular Chinese social media app TikTok along with 58 others, a slew of Indian companies have emerged to pocket the market share left behind these apps. Indian short-video sharing apps Mitron and Trell

Indian Startups Mitron and Trell Make Hay Amid Chinese App Ban Read More »

Indian TikTok alternatives Mitron and Trell have raised fresh funding of US$5 million and $11.43 million respectively Since the Indian government banned popular Chinese social media app TikTok along with 58 others, a slew of Indian companies have emerged to pocket the market share left behind these apps. Indian short-video sharing apps Mitron and Trell

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Lightspeed India Raises US$275 million For ‘Lightspeed India Partners III’

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The venture capital firm has raised the fund with commitment from global institutional LPs  Lightspeed India Partners announced the close of its third investment fund for early, seed, and Series A investments, ‘Lightspeed India Partners III,’ after raising US$275 million in committed capital from Limited Partnerships (LPs), the company announced in a press release dated

Lightspeed India Raises US$275 million For ‘Lightspeed India Partners III’ Read More »

The venture capital firm has raised the fund with commitment from global institutional LPs  Lightspeed India Partners announced the close of its third investment fund for early, seed, and Series A investments, ‘Lightspeed India Partners III,’ after raising US$275 million in committed capital from Limited Partnerships (LPs), the company announced in a press release dated

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Skyroot Aerospace Becomes First Indian Startup To Successfully Test In-house Upper Stage Rocket Engine

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Skyroot’s first satellite launch vehicle Vikram I is on track to be launched in December 2021 Hyderabad, India-based spacetech startup Skyroot Aerospace successfully test-fired its Vikram-1 space launch vehicle’s upper-stage engine, Raman, named after late physicist and Nobel Laureate Dr C.V. Raman, the startup announced in its social media posts on Tuesday. This makes Skyroot

Skyroot Aerospace Becomes First Indian Startup To Successfully Test In-house Upper Stage Rocket Engine Read More »

Skyroot’s first satellite launch vehicle Vikram I is on track to be launched in December 2021 Hyderabad, India-based spacetech startup Skyroot Aerospace successfully test-fired its Vikram-1 space launch vehicle’s upper-stage engine, Raman, named after late physicist and Nobel Laureate Dr C.V. Raman, the startup announced in its social media posts on Tuesday. This makes Skyroot

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India’s TikTok Alternative Chingari Raises US$1.3M Seed Round

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Chingari will use the latest investment to acquire more talent for product development and to make the platform more customer-centric and engaging Indigenous short video sharing app Chingari, which gained in popularity after TikTok got banned in India, has raised US$1.3 million in a seed round, the startup announced in a press release yesterday. AngelList

India’s TikTok Alternative Chingari Raises US$1.3M Seed Round Read More »

Chingari will use the latest investment to acquire more talent for product development and to make the platform more customer-centric and engaging Indigenous short video sharing app Chingari, which gained in popularity after TikTok got banned in India, has raised US$1.3 million in a seed round, the startup announced in a press release yesterday. AngelList

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Edtech Decacorn Byju’s Acquires WhiteHat Jr For US$300M In All-Cash Deal

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WhiteHat Jr was also reportedly in talks to raise US$50 million at a valuation of $350 million India-based Byju’s, the world’s most valuable edtech startup, has acquired Mumbai-based 18-month-old coding platform WhiteHat Jr, Byju’s announced in a press release yesterday. The acquisition will allow the edtech decacorn to expand its offerings in India and accelerate

Edtech Decacorn Byju’s Acquires WhiteHat Jr For US$300M In All-Cash Deal Read More »

WhiteHat Jr was also reportedly in talks to raise US$50 million at a valuation of $350 million India-based Byju’s, the world’s most valuable edtech startup, has acquired Mumbai-based 18-month-old coding platform WhiteHat Jr, Byju’s announced in a press release yesterday. The acquisition will allow the edtech decacorn to expand its offerings in India and accelerate

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Indian Edtech Startup Springboard Raises US$31M Series B

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Springboard will use the fresh funds to enhance student employability and deepen partner ties Edtech startup Springboard has raised US$31 million in a Series B funding round led by Australia-based Telstra Ventures, the startup announced in a press release yesterday. A consortium of existing investors including Costanoa Ventures, Pearson Ventures, Reach Capital, International Finance Corporation

Indian Edtech Startup Springboard Raises US$31M Series B Read More »

Springboard will use the fresh funds to enhance student employability and deepen partner ties Edtech startup Springboard has raised US$31 million in a Series B funding round led by Australia-based Telstra Ventures, the startup announced in a press release yesterday. A consortium of existing investors including Costanoa Ventures, Pearson Ventures, Reach Capital, International Finance Corporation

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Indian Fintech Startup Niyo Acquires Wealthtech Startup Goalwise To Expand Product Offerings

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Niyo has raised approximately US$49.2 million till date and counts Tencent among its backers Indian fintech startup Niyo has acquired mutual funds investment platform Goalwise to expand its product offerings to Millennials, the company announced in a statement yesterday. Niyo Co-founders CEO Vinay Bagri and CTO Virender Bisht, along with Niyo, have acquired majority stakes

Indian Fintech Startup Niyo Acquires Wealthtech Startup Goalwise To Expand Product Offerings Read More »

Niyo has raised approximately US$49.2 million till date and counts Tencent among its backers Indian fintech startup Niyo has acquired mutual funds investment platform Goalwise to expand its product offerings to Millennials, the company announced in a statement yesterday. Niyo Co-founders CEO Vinay Bagri and CTO Virender Bisht, along with Niyo, have acquired majority stakes

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Social Commerce Startup Bulbul Raises US$8.7M Led By Info Edge

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1-year-old Bulbul had a turnover of a little over US$600,000 as of March 31, 2020 In a filing to the National Stock Exchange of India Limited yesterday, Info Edge (India) Ltd. declared that IE Venture Fund I, Info Edge’s investment arm that focuses on tech startups, has entered into an agreement to invest US$6.33 million

Social Commerce Startup Bulbul Raises US$8.7M Led By Info Edge Read More »

1-year-old Bulbul had a turnover of a little over US$600,000 as of March 31, 2020 In a filing to the National Stock Exchange of India Limited yesterday, Info Edge (India) Ltd. declared that IE Venture Fund I, Info Edge’s investment arm that focuses on tech startups, has entered into an agreement to invest US$6.33 million

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Strong Opposition Against Flipkart’s Acquisition Of Walmart India

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Flipkart is currently being investigated by CCI for alleged unfair business practices and misuse of dominant market position Indian ecommerce giant Flipkart Group announced in a statement on July 23 the launch of Flipkart Wholesale, a new digital marketplace that promises to transform India’s retail ecosystem of mom-and-pop stores, referred to as kirana stores, facilitated

Strong Opposition Against Flipkart’s Acquisition Of Walmart India Read More »

Flipkart is currently being investigated by CCI for alleged unfair business practices and misuse of dominant market position Indian ecommerce giant Flipkart Group announced in a statement on July 23 the launch of Flipkart Wholesale, a new digital marketplace that promises to transform India’s retail ecosystem of mom-and-pop stores, referred to as kirana stores, facilitated

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Deconstructing ‘Buy Now, Pay Later’ Fintech Products

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Nityanand Sharma, Co-founder and CEO of Simpl, explains exactly how Pay Later works Asian consumers are not fond of the credit card. Debt-averse due to high interest rates and fees, cash-on-delivery has become the preferred payments method in several Southeast Asian markets. It would be unfair, however, to generalize the use of the credit card

Deconstructing ‘Buy Now, Pay Later’ Fintech Products Read More »

Nityanand Sharma, Co-founder and CEO of Simpl, explains exactly how Pay Later works Asian consumers are not fond of the credit card. Debt-averse due to high interest rates and fees, cash-on-delivery has become the preferred payments method in several Southeast Asian markets. It would be unfair, however, to generalize the use of the credit card

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Indian Live Online Tutoring Platform Vedantu Raises US$100M Series D

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With the latest capital infusion, Vedantu has become the second most valuable edtech startup in India after BYJU’S, with a valuation of $600 million Indian live tutoring edtech startup Vedantu has raised US$100 million in a Series D funding round led by U.S.-based technology-focused investment firm Coatue, along with participation from existing investors, the company announced in

Indian Live Online Tutoring Platform Vedantu Raises US$100M Series D Read More »

With the latest capital infusion, Vedantu has become the second most valuable edtech startup in India after BYJU’S, with a valuation of $600 million Indian live tutoring edtech startup Vedantu has raised US$100 million in a Series D funding round led by U.S.-based technology-focused investment firm Coatue, along with participation from existing investors, the company announced in

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Online Travel Platform Yatra.com Diversifies Into EdTech; Partners With upGrad Enterprise

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Yatra seeks to become an end-to-end business solution provider with the latest partnership Yatra Online Inc., an Indian online corporate travel platform, has entered into a strategic partnership with upGrad Enterprise, the B2B arm of Indian edtech startup upGrad, in a bid to diversify its portfolio and offset the negative impact of COVID-19, the company announced

Online Travel Platform Yatra.com Diversifies Into EdTech; Partners With upGrad Enterprise Read More »

Yatra seeks to become an end-to-end business solution provider with the latest partnership Yatra Online Inc., an Indian online corporate travel platform, has entered into a strategic partnership with upGrad Enterprise, the B2B arm of Indian edtech startup upGrad, in a bid to diversify its portfolio and offset the negative impact of COVID-19, the company announced

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Unacademy On Acquisition Spree, Gets Majority Stake in Mastree for US$5M

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Unacademy has closed a slew of deals in the first half of 2020, including a US$110M Series E India-based online learning startup Unacademy has made a “strategic investment” in Mastree for a majority stake that cost it US$5 million, effectively acquiring the startup, the company announced in a statement yesterday. The acquisition will help the

Unacademy On Acquisition Spree, Gets Majority Stake in Mastree for US$5M Read More »

Unacademy has closed a slew of deals in the first half of 2020, including a US$110M Series E India-based online learning startup Unacademy has made a “strategic investment” in Mastree for a majority stake that cost it US$5 million, effectively acquiring the startup, the company announced in a statement yesterday. The acquisition will help the

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Blue Sky Analytics Closes US$1.2M Seed Funding; BEENEXT, Zerodha and Stanford Alums Pitch In

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Blue Sky Analytics is Zerodha’s first climate-tech portfolio company India-based environmental intelligence startup Blue Sky Analytics (BSA) has raised US$1.2 million in its seed funding round, the company announced via a statement on its official blog. The round was led by BEENEXT’s Emerging Asia Fund, with participation from Indian stock broker Zerodha’s fintech fund and

Blue Sky Analytics Closes US$1.2M Seed Funding; BEENEXT, Zerodha and Stanford Alums Pitch In Read More »

Blue Sky Analytics is Zerodha’s first climate-tech portfolio company India-based environmental intelligence startup Blue Sky Analytics (BSA) has raised US$1.2 million in its seed funding round, the company announced via a statement on its official blog. The round was led by BEENEXT’s Emerging Asia Fund, with participation from Indian stock broker Zerodha’s fintech fund and

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