Over 25 Indian startups collectively raised approximately $138.7 million this week, with significant contributions from fintech and deeptech sectors. Easy Home Finance secured $35 million, while MODIFI raised $15 million
Mumbai-based edtech unicorn upGrad has reported raised Rs 287.5 crore (approximately $35 million) in debt from EvolutionX, Entrackr reported, citing the company's regulatory filing.
The report said the edtech unicorn will use the raised capital for
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Payal Manghnani
Stealth • 15d
*Jaya Talent is looking to hire a Marketing Manager* (fully remote)
*Company*: AI-focused Launchpad that has secured a total of $11.7 million in funding across two rounds. Their most recent funding round, completed in 2022, raised $5 million.
*Appl
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Inactive
Stealth • 3m
Funding Winter ?
Indian startups raised a total of $395.63 million across 20 deals from August 12 to 17, marking a 250% increase from the previous week.
Key highlights include:
OYO secured $175 million in a down round, reducing its valuation to
Singapore-headquartered flexible workspace operator Smartworks has raised Rs 168 crore or approximately $20.24 million in funding from a diverse group of investors.
The funding was led by investors, including Keppel Ltd, Ananta Capital Ventures Fun
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Yash Barnwal
Stealth • 1m
The Indian startup ecosystem is thriving with 117 unicorns and 118 soonicorns as of 2023. Unicorns have raised over $101 billion in funding with a combined valuation of $353 billion, while soonicorns have raised $18 billion with a $35 billion valuati
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Mahendra Lochhab
Stealth • 5m
Recent funding raised by startups-
Infra.Market - $50 Mn
TechnoSport - $25 Mn
Euler Motors Cleantech Electric Vehicles - $24 Mn
Libas Ecommerce - $18 Mn
Zypp Electric Cleantech Electric Vehicles - $14 Mn
Rebel Foods - $13 Mn
Dvara Fint
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Harsh Dwivedi
•
Medial • 6m
Top News of the Day:
1. Packaged Indian treats and sweets startup, Go DESi, has secured INR 41 Cr (approximately $4.9 Mn) in funding led by Aavishkaar Capital.
2. Dexif, a fixed income products platform, has raised $4 million in its first instituti
Zomato Ceo Deepender Goyal has opened up about the lowest moment, his company faced when Swiggy raised $1 billion, and zomato was at $35 million only. He said that it was there we are dead moment in the company.
San Francisco-based startup Story has raised $80 million in funding to develop a blockchain to protect creators’ intellectual property from being used by AI developers like OpenAI without authorization.
The funding round was led by Andreessen Horowi
Top News of the Day:
1. Bengaluru-based agritech startup Fyllo has raised $4 million in a funding round led by investors India Quotient and SIDBI Ventures.
2. MediBuddy To Raise $8.4 Mn Debt Funding To Fuel Expansion Plans
3. Cloud kitchen company