Early-Stage Strategic Investment Fund Tomorrow Capital Earmarks Rs 200 Cr Fund For Startups
Tomorrow Capital, a Mumbai-based early-stage strategic investment fund, said it is scouting for investment opportunities and has set aside Rs Rs 200 crore that will be deployed over the next 12 months. The Mumbai-based company said it has also led a Rs 47 crore Series A round in global education […]
Debt Resolution SaaS Startup Credgenics Is Helping NBFCs, Banks, Fintechs Recover Their Bad Debts Using AI/ML
Due to ineffective debt recovery methods, several Banks, NBFCs, and fintech companies face issues to recover loan amounts from their borrowers. This leads to their NPAs getting increased with each small and big-ticket loan, adding up to delinquency. To solve these issues, Credgenics, an end-to-end SaaS-based collection management tool, offers […]
Bengaluru-Based B2B Retail Tech Platform Arzooo Raises $6 Million From Trifecta Capital
Arzooo, a Bengaluru-based B2B retail tech platform, has raised $6 million from Trifecta Capital. Arzooo will leverage the fresh funds for market expansion and scaling its logistics and operational capabilities, as per the press statement. The startup also plans to ramp up its supply chain infrastructure with technology and operational […]
New Delhi-Based B2B Fashion Tech Startup Couch Fashion Raises $150,000 In Seed Funding
New Delhi-based B2B fashion tech startup Couch Fashion has raised $150,000 in its seed funding round from We Founder Circle (WFC), a startup investment platform. Couch Fashion plans to utilise the capital to increase product offerings to customers, content partnerships, as well as expand its team. The fashion tech startup […]
Agritech Startup DeHaat Acquires B2B SaaS platform FarmGuide
DeHaat, an agritech startup, has acquired B2B SaaS platform FarmGuide. Founded by IIT Delhi alumni Nikhil Toshniwal and Ankit Gupta in 2016, FarmGuide is a SaaS platform enabling real-time farm monitoring and farmer E-KYC. The startup is targetting the next 20 million farmers by 2021 and committed to creating an […]
Bullish On EV Market, Ahmedabad-Based Electric Vehicle Startup Matter Eyes $1 Bn Turnover By 2025
The electric vehicle (EV) market in India is growing at a tremendous pace. According to a report by India Energy Storage Alliance (IESA), the electric vehicle market in India is expected to hit over 63 lakh unit mark per annum by 2027. Matter, an EV and energy storage technology startup, is bullish […]
Bengaluru-Based Fintech Kinara Capital Raises $10M From IndusInd Bank
Kinara Capital, a fintech that lends to small businesses, has raised $10 million (Rs 74 crores) from IndusInd Bank with a 100 percent guarantee from the US International Development Finance Corporation (DFC). The funding round, which is a part of a debt and equity round of Rs 100 crore, also […]
Meghalaya CM Announces Rs 125 Crore Corpus Fund to Help Entrepreneurs In The State
To aid the entrepreneurs in the state of Meghalaya, Chief Minister of Meghalaya Conrad K Sangma said a corpus fund of Rs 125 crore would be constituted over the next two years. While addressing the PRIME Entrepreneurship Awards held at the Convention Centre on Friday, CM Conrad K Sangma said, […]
Health And Wellness Startup ‘Alpha Coach’ Is Transforming Lives Through Its Online Personal Training Platform
Every individual strives to get a healthy and fit body, but a stressful lifestyle, busy schedules, unconventional career options make the process of getting healthy difficult. Even though health services are more accessible than ever, the majority of people waste time and money struggling to lose weight due to a […]
Dining Out And Restaurant Tech Solutions Platform ‘Dineout’ Acquires Event Curator ‘SteppinOut’
Dineout, a dining out and restaurant tech solutions platform, is set to expand its portfolio of live events with the acquisition of SteppinOut, an event and experience curator. As per Dineout, the acquisition of SteppinOut will enable Dineout to host multiple types of offline experiences, ranging from food festivals, night […]