Monday, March 1, 2021

Suviral Shukla

SAIF Partners, others infuse $20 million in logistics startup Rivigo via series F round of funding

Rivigo, a logistics startup is reportedly all set to secure $20 million (approx INR 141.97 crore) in its series F round of funding from SAIF Partners India VI and Spring Canter Investment Ltd, cited Mint. The platform Rivigo claims to...

Smart home and security solution startup Cubical Laboratories bags an undisclosed amount of funding in pre-series A round from Rockstud Capital

Cubical Laboratories, a smart home and security solution platform, has raised an undisclosed amount of funding in its pre-series A round from Rockstud Capital, cited Inc42. Post transaction, the Delhi-based startup Cubical Laboratories will be valued at $11 million (approx...

Online gaming platform Rein Games raises INR 5 cr from MEMG, Titan Capital, other individual investors

Rein Games, an online gaming platform, has bagged INR 5 crore in a seed round from Ranjan Pai’s Manipal Education and Medical Group (MEMG) family office, Titan Capital, other individual investors, reported Inc42. The Noida-based startup Rein Games will be...

Agritech startup Ecozen Solutions bags $6 million in series A funding round from IFA Fund

Ecozen Solutions, an agritech startup, has bagged $6 million (approx INR 42 crore) in series A round of funding from Sathguru Catalyser's Innovation in Food & Agriculture Fund (IFA Fund), cited Inc42. According to Devendra Gupta, cofounder and CEO of...

Reliance Industries acquires SaaS-based startup NowFloats Technologies for $20 million

Reliance Industries has acquired SaaS-based startup NowFloats Technologies for $20 million (approx INR 141.63 crore), cited Inc42. Post acquisition, the Reliance Industries will hold 85 per cent equity in Hyderabad-based startup NowFloats. Whereas, Reliance has also proposed to further invest up to...

General Atlantic, GGV Capital in talks to invest $100 million in edtech startup Unacademy, say sources

Unacademy, a Bengaluru-based edtech startup is reportedly in talks to secure $100 million (approx INR 706 crore) in series E round of funding from General Atlantic and GGV Capital, reported Mint, citing three sources. Post transaction, the edtech platform Unacademy...

Walmart, Flipkart back supply chain startup Ninjacart with undisclosed amount

Ninjacart, a supply chain start-up has bagged an undisclosed amount of funding from Walmart and Flipkart, reported Mint. The platform Ninjacart will be using the infused financials to strengthen their direct sourcing of fresh produce. The funding is a joint strategic...

Flipkart-owned PhonePe raises INR 585 cr from Singapore-based parent firm

PhonePe, a digital payments platform, which is owned by Flipkart, has reportedly raised around INR 585.66 crore from its parent firm, cited Mint. As per the sources, PhonePe Pvt Ltd, Singapore, (formerly Flipkart Payments Pvt Ltd) was allotted 13,81,278 shares...

Alteria Capital invests $5.7 million as debt financing in housing startup Stanza Living

Housing startup Stanza Living, has secured $5.7 million (approx INR 40 crore) in debt financing from Alteria Capital, reported Mint. Anindya Dutta, managing director and co-founder Stanza Living, said, “The capital infusion will enable us to further increase the pace...

Food aggregator unicorn Zomato will reach profitability by 2020, says co-founder Deepinder Goyal

Deepinder Goyal, co-founder and CEO at Zomato, a food aggregator and tech-food unicorn, has announced that the platform will reach profitability by 2020, which is a result of its measure to reduce cash burn, reported Inc42. Goyal said that the...

About Me

1135 POSTS
0 COMMENTS

Latest News

Political betting data in favour of Kamala Harris to be next US President

The punters are already betting on Kamala Harris to be the next President of the United States. According to political...

Station Casinos launches internship programme to practically train student interns

Station Casinos is looking for college students this summer who want practical experience on how to run a resort casino. Station Casinos is seeking paid interns...

Virgin Hotels Las Vegas surprises guests with No Resort Fee policy

Virgin Hotels Las Vegas is planning to kick open its property on off-Strip Las Vegas with a bang. On the date of its opening, that...

World Economic Forum report highlights agriculture as culprit for deforestation

According to a recent report published by World Economic Forum, millions of hectares of forests are lost each year. They have also pointed to the...

Payments supplier Trustly partners up with West Ham United

Payments supplier Trustly has signed an agreement with West Ham United, an English Premier League football club. As per the agreement Trsutly would be the...