Edtech Startup ‘Eupheus Learning’ Raises $4.1 Million In Series B Funding Round
Eupheus Learning, an edtech startup, has raised $4.1 million in a Series B funding round. The funding round was led by Kuwait-based United Education Company (UEC) and Al Rayan Holding Company (ARHC) in which UEC holds a majority stake. As per the startup, it will use the fresh funds to […]
eBay Signs MoU With Haryana Government To Help MSMEs Tap Into The International Market
eBay, a multinational e-commerce platform, has signed a Memorandum of Understanding (MoU) with the Haryana government to help micro, small and medium enterprises (MSMEs) within the state tap into the international market with the help of the eBay’s cross-border platform. Under this MoU, eBay will offer pricing and other benefits […]
Edtech Startup ‘Doubtnut’ Raises $25 Million In Series B Funding Round
Doubtnut, an edtech startup, has raised $25 million (Rs 183.3 crore) in its Series B round from SIG Global, Sequoia Capital, WaterBridge Ventures and ON Mauritius. The edtech startup has allotted 8,097 series B preference shares at an issue price of Rs 226,345 per share to raise Rs 183.3 crore. […]
Report: Indian Edtech Industry Is Estimated To Reach $12 Billion By 2025
Edtech sector is among the very few sectors that saw tremendous growth in 2020. As per a research report, the Indian edtech sector has seen an investment of $ 2.1 billion in the calendar year 2020. The number is quite astonishing as the sector garnered $1.7 billion investment in the […]
Content To Commerce Discovery Platform ‘Hypd Store’ Raises Pre-Seed Investment From ScoopWhoop
Content to commerce discovery platform Hypd Store has raised an undisclosed pre-seed strategic investment from ScoopWhoop. As per Hypd Store, it will use this funding for product enhancement, growth and category expansion. Started by Ashwarya Garg and Akshay Bhatnagar in 2020, Hypd Store is a ‘shop worthy content platform’, to […]
Report: E-commerce Witnesses 36% Growth In Last Quarter In India
As per the E-commerce Trends Report, released by Unicommerce and Kearney, the last quarter of 2020 saw e-commerce order volume growing by 36% in India, with Personal care, Beauty, and Wellness (PCB&W) segment being the biggest beneficiary. In the last quarter of 2020 (October to December 2020 period), PCB&W and […]
Instant Tutor App ‘Filo’ Raises $260K In Pre-Seed Funding From Better Capital
Filo, an instant tutor app, has raised $260,000 as part of its pre-seed investment round from Better Capital. As per the startup, it plans to use the funding to scale its service to millions of students and significantly grow its tutor base. Started in October 2020 by school friends Imbesat […]
Animation Workflow Platform ‘LottieFiles’ Acquires Design Asset Marketplace ‘Iconscout’
Animation workflow platform LottieFiles has acquired Surat-based design asset marketplace Iconscout for an undisclosed amount. Post the acquisition deal, Iconscout will continue to thrive and operate as an independent platform for curated, premium design assets. Started by Varun Trivedi and Tarun Mangukiya in 2016, Iconscout offers ready-to-use high-quality Icons, Illustrations […]
Online Coding Platform For K-12 Kids ‘Codingal’ Raises An Undisclosed Amount From Y Combinator
Codingal, a Bangalore-based online coding platform for K-12 kids, has raised an undisclosed amount from Y Combinator. The startup also has been selected in US-based Y Combinator’s W21 cohort. As per the startup, it will use the investment to enhance the teachers’ base, curriculum, and integrated product to realise its […]
Cure.Fit Makes Second Acquisition In 2021, Acquires ‘Fitternity’
Cure.fit, a fitness startup, has announced the acquisition of Bengaluru-based fitness aggregator platform, Fitternity. The value of the deal was not disclosed, but post this acquisition, Fitternity will continue to operate independently. With a collective user base of three million users, Cure.fit and Fitternity will together empower more than 5000 […]