India Startups

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Indian B2B Startup Zetwerk Raises US$21M Series C Led By Greenoaks Capital

Zetwerk will use the latest investments to launch new categories, strengthen its product stack, and global expansion Indian business-to-business (B2B) marketplace for manufacturing items, Zetwerk Manufacturing Businesses Pvt. Ltd has raised US$21 million in a Series C funding round, led by San Francisco-based global venture capital firm Greenoaks Capital, according to a company statement released […]

Indian B2B Startup Zetwerk Raises US$21M Series C Led By Greenoaks Capital Read More ยป

Zetwerk will use the latest investments to launch new categories, strengthen its product stack, and global expansion Indian business-to-business (B2B) marketplace for manufacturing items, Zetwerk Manufacturing Businesses Pvt. Ltd has raised US$21 million in a Series C funding round, led by San Francisco-based global venture capital firm Greenoaks Capital, according to a company statement released

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India-China Border Conflict Spells Bad News For 59 Chinese Apps, 18 Indian Unicorns

India bans 59 Chinese apps, severely restricts Chinese investment from entering the country The India-China border conflict has spilled over into business relations between the two giant Asian economies, with the Indian government undertaking a series of moves including banning 59 Chinese apps from the subcontinent. In a press release dated 29 June 2020, the

India-China Border Conflict Spells Bad News For 59 Chinese Apps, 18 Indian Unicorns Read More ยป

India bans 59 Chinese apps, severely restricts Chinese investment from entering the country The India-China border conflict has spilled over into business relations between the two giant Asian economies, with the Indian government undertaking a series of moves including banning 59 Chinese apps from the subcontinent. In a press release dated 29 June 2020, the

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Drishti

Manufacturing AI Startup Drishti Bags $25M Series B Led By Sozo Ventures

The latest investments will be used for global expansion with plants across North America and Japan Drishti Technologies, Inc. has raised an investment of $25 million in its Series B round of financing led by Sozo Ventures, according to a press release issued by the startup on Tuesday. As part of this round, Uday Sandhu

Manufacturing AI Startup Drishti Bags $25M Series B Led By Sozo Ventures Read More ยป

The latest investments will be used for global expansion with plants across North America and Japan Drishti Technologies, Inc. has raised an investment of $25 million in its Series B round of financing led by Sozo Ventures, according to a press release issued by the startup on Tuesday. As part of this round, Uday Sandhu

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Postman

API Platform Postman Closes US$150M Series C At US$2B Valuation

Postman is the fourth Indian SaaS startup to reach unicorn status โ€“ and the fastest, having reached this milestone in just six years API development platform Postman, announced yesterday that it has raised US$150 million in a Series C investment round led by Insight Partners, at a valuation of $2 billion. Existing investors Charles River

API Platform Postman Closes US$150M Series C At US$2B Valuation Read More ยป

Postman is the fourth Indian SaaS startup to reach unicorn status โ€“ and the fastest, having reached this milestone in just six years API development platform Postman, announced yesterday that it has raised US$150 million in a Series C investment round led by Insight Partners, at a valuation of $2 billion. Existing investors Charles River

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healthy products for kids

6 Healthy Products for Kids in 2020

Bringing comfort, cleanliness, and nature back into kids’ products As a parent, you’re incessantly worried about your child’s well-being and safety. From ensuring your children are eating enough vegetables for proper nutrition, to keeping them away from harmful or toxic chemicals, keeping your children safe and away from harm is always your primary concern. You’re

6 Healthy Products for Kids in 2020 Read More ยป

Bringing comfort, cleanliness, and nature back into kids’ products As a parent, you’re incessantly worried about your child’s well-being and safety. From ensuring your children are eating enough vegetables for proper nutrition, to keeping them away from harmful or toxic chemicals, keeping your children safe and away from harm is always your primary concern. You’re

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Ola Electric

Ola Electric Acquires Netherlands-Based Etergo To Launch Electric Two-Wheelers In India By 2021

Ola Electric to leverage Etergoโ€™s design and engineering capabilities to build its smart electric two-wheeler for International and Indian markets Ola Electric Mobility Pvt Ltd, the Electric Vehicles (EV) subsidiary of Indian ride-hailing startup Ola, announced on Wednesday the acquisition of Amsterdam-based Etergo, an electric scooter Original Equipment Manufacturer (OEM), to launch its own electric

Ola Electric Acquires Netherlands-Based Etergo To Launch Electric Two-Wheelers In India By 2021 Read More ยป

Ola Electric to leverage Etergoโ€™s design and engineering capabilities to build its smart electric two-wheeler for International and Indian markets Ola Electric Mobility Pvt Ltd, the Electric Vehicles (EV) subsidiary of Indian ride-hailing startup Ola, announced on Wednesday the acquisition of Amsterdam-based Etergo, an electric scooter Original Equipment Manufacturer (OEM), to launch its own electric

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juicy chemistry

Indian Organic Skincare Brand Juicy Chemistry Raises US$650,000 Angel Investment

With the latest funds, Juicy Chemistry’s valuation has risen to US$2.5 million, according to the startup Coimbatore, India-based organic skincare startup Juicy Chemistry has raised US$650,000 from Amit Nanavati, an Angel investor and Founding Partner of VC firm Akya Ventures, according to a company statement. Veda Corp acted as the financial advisors for this transaction.

Indian Organic Skincare Brand Juicy Chemistry Raises US$650,000 Angel Investment Read More ยป

With the latest funds, Juicy Chemistry’s valuation has risen to US$2.5 million, according to the startup Coimbatore, India-based organic skincare startup Juicy Chemistry has raised US$650,000 from Amit Nanavati, an Angel investor and Founding Partner of VC firm Akya Ventures, according to a company statement. Veda Corp acted as the financial advisors for this transaction.

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Shiprocket

Indian Logistics Startup Shiprocket Raises US$13M Series C

Shiprocket in talks with potential partners in Middle East and Southeast Asia for global expansion Shiprocket, an Indian tech-enabled logistics aggregator for direct-to-consumer (D2C) sellers, has raised USD$13 million in a Series C funding round led by Silicon Valley-based Tribe Capital, the company announced on Monday. The company raised debt funding from Innoven Capital, while

Indian Logistics Startup Shiprocket Raises US$13M Series C Read More ยป

Shiprocket in talks with potential partners in Middle East and Southeast Asia for global expansion Shiprocket, an Indian tech-enabled logistics aggregator for direct-to-consumer (D2C) sellers, has raised USD$13 million in a Series C funding round led by Silicon Valley-based Tribe Capital, the company announced on Monday. The company raised debt funding from Innoven Capital, while

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The Entrepreneur's Guide to Starting a Business in India

The Entrepreneur’s Guide to Starting a Business in India

Startups are becoming immensely popular in different parts of the world, especially in developing countries like India. They boost the economic growth of a country, as well as increase employment opportunities, which is why many nations promote and develop incentive schemes to encourage entrepreneurship.

The Entrepreneur’s Guide to Starting a Business in India Read More ยป

Startups are becoming immensely popular in different parts of the world, especially in developing countries like India. They boost the economic growth of a country, as well as increase employment opportunities, which is why many nations promote and develop incentive schemes to encourage entrepreneurship.

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Clover

Indian Agritech Startup Clover Raises Nearly US$1M in Venture Debt

The investment comes on the heels of Cloverโ€™s $5.5 million Series A Bengaluru-based agritech startup Clover announced that it has raised venture debt funding of INR 70 million (over US$900,000 at current rates) from Indian venture debt fund Alteria Capital. The funding comes as a follow up to the startupโ€™s raise of $5.5 million in

Indian Agritech Startup Clover Raises Nearly US$1M in Venture Debt Read More ยป

The investment comes on the heels of Cloverโ€™s $5.5 million Series A Bengaluru-based agritech startup Clover announced that it has raised venture debt funding of INR 70 million (over US$900,000 at current rates) from Indian venture debt fund Alteria Capital. The funding comes as a follow up to the startupโ€™s raise of $5.5 million in

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Classplus

Indian Edtech Startup Classplus Raises US$9M Series A

The investment comes in less than three months of Classplus’ US$2.5 million venture round Indian app-based business-to-business edtech startup Classplus has raised US$9 million in a Series A round led by Russia-based venture capital (VC) firm RTP Global, the VC firm announced in a statement on Monday. The round also saw participation from Classplusโ€™ existing

Indian Edtech Startup Classplus Raises US$9M Series A Read More ยป

The investment comes in less than three months of Classplus’ US$2.5 million venture round Indian app-based business-to-business edtech startup Classplus has raised US$9 million in a Series A round led by Russia-based venture capital (VC) firm RTP Global, the VC firm announced in a statement on Monday. The round also saw participation from Classplusโ€™ existing

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Tencent

Asian Digital Tech Startups Join Tencent Portfolio

Chinaโ€™s Internet behemoth Tencent invests in Australian and Indian digital tech startups Chinese Internet conglomerate Tencent Holdings, based out of Chinaโ€™s emerging financial capital Shenzhen, has picked up a 5% stake in Australian โ€˜shop now, pay laterโ€™ fintech startup Afterpay Limited for around US$300 million (AU$390 million), according to several reports. Afterpay stock jumped by

Asian Digital Tech Startups Join Tencent Portfolio Read More ยป

Chinaโ€™s Internet behemoth Tencent invests in Australian and Indian digital tech startups Chinese Internet conglomerate Tencent Holdings, based out of Chinaโ€™s emerging financial capital Shenzhen, has picked up a 5% stake in Australian โ€˜shop now, pay laterโ€™ fintech startup Afterpay Limited for around US$300 million (AU$390 million), according to several reports. Afterpay stock jumped by

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47% Of Indian SMEs, Startups Will Run Out Of Cash Within 1 Month Including Many Out Of Funds Already: Survey

47% Of Indian SMEs, Startups Will Run Out Of Cash Within 1 Month Including Many Out Of Funds Already: Survey

61% of responding startups are looking to scale down within the next six months, while 13% are looking at a complete shutdown With India under an ongoing lockdown to contain the spread of COVID-19, Indian small- and medium-sized enterprises (SMEs), including startups, are struggling to stay afloat. With restrictions on movement and the sale of

47% Of Indian SMEs, Startups Will Run Out Of Cash Within 1 Month Including Many Out Of Funds Already: Survey Read More ยป

61% of responding startups are looking to scale down within the next six months, while 13% are looking at a complete shutdown With India under an ongoing lockdown to contain the spread of COVID-19, Indian small- and medium-sized enterprises (SMEs), including startups, are struggling to stay afloat. With restrictions on movement and the sale of

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B2B Ecommerce Unicorn Udaan Lays Off At Least 3,000 Contractual Employees

Udaan has offered one month’s gross salary and three months of group medical insurance as compensation Bengaluru-based Business-to-Business (B2B) ecommerce unicorn Udaan has laid off an estimated 10%-15% of its contractual staff (approximately 3,000-3,500 contract-based employees), through emails sent by Udaan’s consulting firms on April 24. According to several employees who took to Twitter to

B2B Ecommerce Unicorn Udaan Lays Off At Least 3,000 Contractual Employees Read More ยป

Udaan has offered one month’s gross salary and three months of group medical insurance as compensation Bengaluru-based Business-to-Business (B2B) ecommerce unicorn Udaan has laid off an estimated 10%-15% of its contractual staff (approximately 3,000-3,500 contract-based employees), through emails sent by Udaan’s consulting firms on April 24. According to several employees who took to Twitter to

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Orbo AI

Indian Computer Vision Startup Orbo AI Acquires Photo Editing Platform Gemia

Orbo will continue to offer Gemia as a subscription-based SaaS tool for image enhancements Mumbai, India-based computer vision and artificial intelligence (AI) startup, Orbo AI has acquired U.S.-based photo editing startup Gemia from large AI research firm Arvi Inc. Although the financial details of the deal were not disclosed, Orbo Founder and CEO Manoj Shinde

Indian Computer Vision Startup Orbo AI Acquires Photo Editing Platform Gemia Read More ยป

Orbo will continue to offer Gemia as a subscription-based SaaS tool for image enhancements Mumbai, India-based computer vision and artificial intelligence (AI) startup, Orbo AI has acquired U.S.-based photo editing startup Gemia from large AI research firm Arvi Inc. Although the financial details of the deal were not disclosed, Orbo Founder and CEO Manoj Shinde

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ICYMI: Last Week At A Glance

ICYMI: Last Week At A Glance

South Asian Genetics Diagnostics, Research, And Data Startup MedGenome Bags US$55M India-based genomics-driven research and diagnostics startup MedGenome raised US$55 million in a fresh round of funding led by LeapFrog Investments, according to a press release on April 1. Existing investors Sequoia Capital and Sofina also participated in this round. With the latest funds, MedGenome’s

ICYMI: Last Week At A Glance Read More ยป

South Asian Genetics Diagnostics, Research, And Data Startup MedGenome Bags US$55M India-based genomics-driven research and diagnostics startup MedGenome raised US$55 million in a fresh round of funding led by LeapFrog Investments, according to a press release on April 1. Existing investors Sequoia Capital and Sofina also participated in this round. With the latest funds, MedGenome’s