Paytm Founder Invests In Bengaluru Based Startup ‘Refrens’
Refrens has raised an undisclosed amount of funding from a group of angel investors including Anupam Mittal (Founder Shaadi.com) and Vijay Shekhar Sharma (Founder Paytm). Founded by Mohit Jain and Naman Sarawagi, Refrens is a Bengaluru-based startup and offers free invoicing, payments, and expense management system. The funding round also saw […]
Mumbai Based Healthcare Aggregator ‘HealthAssure’ Acquires ‘FitMeIn’
Despite, healthcare industry being affected by COVID-19 pandemic and with giants like Gold’s Gym filed for bankruptcy, Mumbai-based healthcare aggregator HealthAssure has managed to acquire fitness platform FitMeIn. According to MCA filings accessed by Inc 42, an asset transfer agreement has been signed between HealthAssure and Pasta Lifestyle Solutions Private […]
Logistics Aggregator Platform ‘Shiprocket’ Raises $13 Million In Series C Funding
Shiprocket has raised $13 Million in Series C funding round led by Tribe Capital, along with Innoven Capital and existing investor Bertelsmann India Investments. And as part of the agreement, Arjun Sethi from Tribe Capital will join Shiprocket’s Board of Directors. Founded by Gautam Kapoor, Saahil Goel and Vishesh Khurana, […]
Reliance Jio Is In Talks To Raise $950 Million From General Atlantic
As per reports, Reliance Jio Platform is in talks to raise $850 Mn to $950 Mn from private equity firm General Atlantic. No agreements have been signed yet but the deal could close this month. Reliance Jio has become the first choice of the investors as recently, Facebook invested $5.7 […]
IIT Kanpur Incubated Startup Develops COVID-19 Ventilator
To fight COVID-19 and minimize its spread, many Indian startups have come up with their solution. And among such startups is IIT Kanpur incubated startup, Nocca Robotics. The startup has developed an ICU-grade ventilator customised for handling coronavirus patients. And as per company Co-Founder, their ventilator is quite inexpensive, about […]
Nykaa Raises INR 67 Crore From Its Existing Investor Steadview Capital
Nykaa has raised INR 67 Crore from its existing investor Steadview Capital. And as per a report by ET, Steadview Capital has now invested around Rs 170 Crore in Nykaa and has 3% Nykaa’s share. According to MCA filings, FSN E-commerce Ventures (Nykaa’s parent entity) has issued 1,09,986 equity shares […]
Caspian Debt Raises $20 Million In Debt Funding From DFC
Caspian Debt has raised $20 million in long-term debt funding from the US International Development Finance Corporation. The company said this new loan, which is a combination of subordinated and senior debt, will help Caspian Debt provide customised and collateral-free loans, digitally, to enterprises operating in high impact sectors in […]
A version of Aarogya Setu App Will Be Soon Available to JioPhone Users
To limit the spread of COViD-19, the Government of India is utilizing proper solutions and one of such solutions is Aarogya Setu App. And to maximise the use of Aarogya Setu App and to aware more and more people about it, a version of Aarogya Setu will soon be available […]
Former PayU Co-founder Launches QR-based Contactless Solution For Commerce And Payments
O2O (online to offline) commerce platform DOT has launched a QR-based contactless commerce and payments solution. Founded by Shailaz Nag (former PayU Co-founder), DOT is a Gurgaon-based O2O (online to offline) commerce platform that empowers offline businesses with tech-enabled innovations. DOT platform enables the shoppers to easily scan a QR […]
Indian Space Tech Startup ‘Vesta Space’ Raises $10 Million In Funding
Indian Space Tech Company Vesta Space Technology has raised $10 million (around INR 75.8 crore) in funding from US-based investment and advisory firm, Next Capital LLC. Founded by Arun Kumar Sureban in 2018, Vesta Space is a Pune-based space technology company that builds small satellite platforms for commercial and scientific […]