Hocomoco Raises $1 Million Funding, Rebrands To Wehouse
Hocomoco, a Hyderabad-based tech-powered construction aggregator, has recently rebranded itself to Wehouse and raised $1 million in pre-series A round from Anthill Ventures and a group of angel investors in its first funding round. As per the startup, the funding will be utilized to upgrade the technology platform and hire […]
[Indian Startup Ecosystem] The State Of Early-stage Startups In India
Over the years, the Indian startup ecosystem has grown exponentially. Backed by favourable demographics, increasing investors’ confidence, and numerous government initiatives, India is now home to the third-largest startup ecosystem. Every year early-stage startups in India, backed by young entrepreneurs, come up with disrupting ideas, providing employment opportunities and boosting […]
Employee Wellness Platform Nova Benefits Eyes $30 Million Series B Round
Nova Benefits, an insurance-focused employee wellness platform, is in talks to raise a Series B round from existing and new investors. First reported by Entrackr, citing two sources, existing investors Bessemer Ventures and SIG are in talks to lead a $25-30 million fresh round in Nova Benefits. As per one […]
Foodtech Giant Swiggy Acquires Restaurant Tech Platform Dineout
Foodtech Decacorn Swiggy has entered into a definitive agreement with Times Internet to acquire Dineout, which is India’s leading dining out and restaurant tech platform. As per the foodtech decacorn, the acquisition deal has been designed to capitalise on Dineout’s unique assets and leading position in the dining out space, […]
Agritech Startup Fyllo Raises Funds From India Angel Network, Venture Catalysts, Others
Agrihawk Technologies, which operates agritech startup Fyllo, has secured $2 million (around Rs 15.2 crore) in a funding round co-led by India Angel Network, Triveni Trust and Ninjacart. New investors, including Venture Catalysts, StarAgri, Kia Ora Ventures, Singualrity Ventures and Mastermind Capital and some angel investors, also participated in the […]
Edtech Startup Ednovate Raises Series A Funding
Ednovate, a Mumbai-based edtech startup for commerce and CA (Chartered Accountants) students, has raised an undisclosed Series A funding from Dr Vinay Jain, Chairman of Witty Group of Institutions. The funding round also saw participation from angel investors–Ajay Sarupria and Kaushik Mehta. As per the startup, the freshly raised capital […]
Top 5 Government Schemes For Startups And MSMEs In India
Each year, the contribution of Indian startups and MSMEs to the Indian economy is increasing significantly. There are about 6.3 crore MSMEs in India, contributing about 29 per cent to the Indian GDP. Providing employment opportunities to many, government-registered Indian startups have created up to 6.5 lakh jobs in the […]
Zerodha Co-founder Nikhil Kamath Backs WealthTech Startup BHIVE.fund
Wealthtech platform BHIVE.fund has raised strategic investments from Gruhas Proptech, Blume Ventures, and other marquee investors. Prominent angel investors, including Sreeram Reddy Vanga of Kofluence and Leadsquared founders Nilesh Patel and Prashant Singh, also participated in the funding round. The startup plans to leverage the funds for building comprehensive technology […]
Fintech Startup BharatX Raises $4.5 Million In Fresh Funding
BharatX, a fintech startup, has raised $4.5 million in a funding round from Silicon Valley-based famed accelerator Y Combinator, 8i Ventures, Multiply Ventures and Soma Capital. Several marquee angel investors like Kunal Shah (co-founder of Cred), Arash Ferdowsi (co-founder of Dropbox), Harshil Mathur and Shashank Kumar (co-founders of Razorpay), and […]
FMCG Wholesale Platform ApnaKlub Raises $10M In Series A Round
ApnaKlub, a Bengaluru-based FMCG wholesale platform for low population density markets, has raised $10 million in its Series A round from Tiger Global. As per the startup, the raised funds will be used to deepen infrastructure in key states, expand the platform from 5000 to 20,000 partners and build a credit product. In August […]