Flipkart Co-founder Sachin Bansal’s ‘Navi’ Launches Lending App With Paperless KYC
To provide instant personal loans, Sachin Bansal’s (Flipkart co-founder) financial services startup Navi has launched a money lending app. The Navi lending app, which is targeted at consumers in the middle-income segment, will provide instant loans of up to INR 5 lakh with repayment tenures of up to 36 months. […]
Smart Parking Solutions Startup ‘Park+’ Collaborates With ‘AarogyaSetu’ To Control The Spread of COVID-19
To control the spread of COVID-19, Smart parking solutions startup Park+ is collaborating with AarogyaSetu, an Indian government-developed mobile application. With this tie-up, Park+ will leverage individual COVID-19 safety status provided by the AarogyaSetu app to improve the effectiveness of its tech-led social distancing solutions to control the spread of […]
Coworking Space Provider 91springboard Raises Rs 45 Crore In Funding From Existing Investors
Coworking Space Provider 91springboard has raised Rs 45 crore in a fresh round of funding from its existing investors. Talking about the funding and how the company plans to utilize it, Anand Vemuri, CEO 91springboard, said, “91springboard is one of few coworking players that has been profitable on a company […]
High Street Essentials Raises Rs 20.75 crore In Pre-Series C Funding Round
High Street Essentials (HSE) has raised Rs 20.75 crore in a fresh round of funding led by existing investors SAIF Partners and India Quotient. High Street Essentials is the parent company of women’s fashion brands FabAlley and Indya. As per a statement, the pre-series C round involves a convertible note, […]
Industrial Robotics Startup ‘Peppermint’ Raises Seed Funding
Industrial robotics startup Peppermint has raised an undisclosed amount in a seed funding round from Venture Catalysts and Naveen Kshatriya (Former Head of Castrol Asia and ANZ). As per the startup, it plans to use the funds to scale up its manufacturing efforts. Peppermint also plans to strengthen its after-sales […]
Automobile Component Manufacturer ‘Sona Comstar’ Ties Up With IIT Delhi To Help Startups
To support, fund and mentor innovative startups, a leading automobile component manufacturer, Sona Comstar, tied up with Indian Institute of Technology Delhi (IIT-Delhi). Sona Comstar is an Indian origin global automotive systems and components manufacturer. With a global market share of 6%, Sona Comstar is the world’s largest manufacturer of […]
Delhi-Based MedTech Startup ‘Crimson Healthcare’ Raises Rs 1.75 Crore From Mumbai Angels Network
MedTech startup Crimson Healthcare has raised Rs 1.75 crore in funding from Mumbai Angels Network.   Founded by Pranav Chopra and Neeraj Jasmathiya in 2015, both alumni of Stanford India Biodesign, Crimson Healthcare is a Delhi-based MedTech startup that is working with a vision to design, develop and commercialize innovative and […]
Ministry Of Textiles Looks to Connect 50 Lakh Artisans and Weavers With The Government eMarketplace Portal
The ministry of textiles is looking to connect 50 lakh artisans and weavers with the GeM (Government eMarketplace) portal. Aimed to commercialize the potential of weavers and artisans, Textiles minister Smriti Irani said that the move can also enable the government to directly procure goods from them. The minister added […]
Bangalore Based Enterprise Payment Solution Provider ‘Innoviti’ Raises Series C Funding
Innoviti Payment Solutions Pvt. Ltd. has raised Series C funding led by Netherlands-based FMO: Entrepreneurial Development Bank, and US-based venture capital firm Bessemer Venture Partners. As per the company, it will use the funds for preparing new consumer-centric solutions for new market segments. Also, the company will work on building […]
EdTech Startup ‘Lido Learning’ Plans To Hire Senior Citizens To Improve Learning For Students
To improve the delivery of online classes to students of class 5-9 on its platform, EdTech startup ‘Lido Learning’ is looking to onboard 500 senior citizens and retired professionals over the next few months. Sharing the reason behind this, Sahil Sheth (Founder and CEO of Lido Learning) said, “Having interacted […]