Edtech Startup ‘upGrad’ Acquires Recruitment And Staffing Solutions Company ‘Rekrut India’
Edtech startup upGrad has acquired Rekrut India, a recruitment and staffing solutions company, at an undisclosed amount. The acquisition allows upGrad to have complete involvement in the lifecycle of a learner – from education to employment. Also, Rekrut gets access to more than half-a-million learners that have completed their courses […]
Maths Learning App ‘Countingwell’ Raises $1 Million In Pre-Series A Funding
Edtech startup Illuminati Learning Solutions Pvt. Ltd., and the parent company of maths learning app Countingwell, has raised a Pre-Series A funding round of $1 million (₹7.3 Crore) from Delhi Private School (UAE), Interstar, and other angel investors. As per the startup, it plans to use the funds for marketing […]
AI-Driven Candidate Screening & Engagement Platform ‘Callify.ai’ Raises Seed Funding
Callify.ai, a Voice AI-driven Screening & Engagement platform that focusses on working professionals, has raised $560,000 in a seed funding round led by Angel investment firm Malpani Ventures. The Startup Funding Options in Gurgaon round also saw participation from Startup incubator and accelerator Venture Catalysts, the UAE-based Calega Ventures, The […]
Edtech Startup WhiteHat Jr Is All Set To Foray Into Brazil and Mexico
WhiteHat Jr, an online coding school for young kids, is all set to foray into non-English speaking countries like Brazil and Mexico as part of a worldwide expansion. The startup will launch math classes, and hire one lakh women teachers in the next three years. As per the startup, it […]
Lingerie Brand ‘Clovia’ Raises $4 Mn In Pre-Series C Funding
Clovia, a lingerie retailer, has raised $4 Million in a Pre-Series C funding round. The funding round was led by a clutch of investors, including Golden Birch Investments and SheCapital Venture Fund. As per the startup, it plans to utilise the funds for growth in all key business segments of […]
Bike Rental Startup ‘Bounce’ Plans To Add 4,000 E-Scooters By Feb
Bounce, a shared mobility startup, said it plans to add 4,000 e-scooters on its platform by February. The startup also plans onto transition to a 100% electric vehicle fleet by the third quarter of FY22. The startup has resumed operations in many cities and Tier-II markets, including Hassan, Mysore, Vijayawada, […]
Patna-Based Agritech Startup ‘Ergos’ Raises Additional Funds In Its Ongoing Series A Funding
Ergos, a Patna-based agritech startup, has raised additional funds in its ongoing Series A round from CDC Group, a London-based development finance institution. As per regulatory filings, the agritech startup has allotted 249,692 Series A CCPS in the fresh tranche at an issue price of Rs 901.11 per share from […]
Nitin Gadkari Says Indian MSMEs Are Doing An Excellent Job
To make India a profitable destination among investors, the Indian government is making all possible efforts. With various initiatives, the government is taking all possible measures to make India an attractive destination for investments. Recently, Union Minister Nitin Gadkari urged investors to tap the vast opportunities India offers and get […]
Hyperlocal Delivery Startup ‘Dunzo’ Raises Fresh Funding Of Rs 27.5 Crore
Dunzo, a Bengaluru-based hyperlocal delivery startup, has secured Rs 27.5 crore in its ongoing Series E round as a mix of debt and equity funding. First reported by Entrackr, the fresh funding has come two months after its $28 million worth first tranche of its Series E round, valuing the […]
Indian Smartphone Insurance Market Is Expected To Touch $500 Million By 2025
As per a report by consulting firm RedSeer, India’s smartphone insurance market is expected to grow at a CAGR of 29% to touch $500 million (about Rs 3,678 crore) by 2025. The insurance products are offered as an optional add-on while purchasing a new smartphone at the point of sale. […]