Ed-tech Startup Vedantu has raised US$24 Million (INR 171.33 Cr) from GGV Capital
Ed-tech Startup Vedantu has raised US$24 Million (INR 171.33 Cr) in a Series C funding round led by investment firm GGV Capital. Founded in 2011, Vedantu is planning to use this funding to invest in brand leadership. They are also planning to expand into new categories like tutoring for students […]
Coding Ninjas gets funding of $5.2 Million (INR 37.10 Cr) from Info Edge
Founded in 2016 by Singla, Kannu Mittal, and Dhawal Parate, ed-tech startup Coding Ninjas has raised INR 37.10 Cr ($5.2 Million) in a Series A funding from Info Edge. The money will be used to scale operations and hire new professionals in tech and content teams. And also, the money […]
Xiaomi invests $5.9 Million in WorkIndia
Xiaomi has invested $5.9 Million in a Mumbai-based online recruitment platform, WorkIndia (on February 10). For those who don’t know, WorkIndia is an online recruitment platform that enables blue-collar workers to find a job based on their skills. According to Kunal Patil, founder of WorkIndia, the money will be used to grow […]
IoT enabled e-scooter ‘BattRE’ launched in India
Good news for e-vehicle lovers. Jaipur based e-mobility startup, BattRE, has launched an IoT enabled e-scooter, priced at Rs 79,999. Asserting to be the second IoT enabled scooter of India, BattRE is offering a year of subscription to the cloud storage with this scooter(included in the price). 25 km per […]
Bizongo has raised $30 Million (INR 213.99 Cr) in Series C Funding
Based out of Mumbai, Bizongo, a business-to-business online marketplace for packaging needs, has raised $30 million in Series C funding round led by Swiss hedge fund Schroder Adveq. Bizongo is planning to expand in the nation and also to add more categories. To date, Bizongo has raised up to $56 million. According to Sachin […]
My Startup Equity, an ESOP management platform launched by Lets Venture
My Startup Equity is India’s one of its kind employee stock ownership plans (Esops) management platform. Launched by Lets Venture, the primary aim of this platform is to digitize, maintain and liquidate startup employees stock grants. According to Ganesh Nayak, director of LetsVenture, “The platform will bring efficiency and accountability to how […]
USA Government to restrain selling of fake products on eCommerce platforms
To eliminate the selling of fake products online, the US’s Department of Homeland Security is looking to restrain the sale of bogus products on e-commerce platforms like Amazon. According to the officials, they will check shipments in the US warehouses and fulfillment centers of the e-commerce companies. And once informed […]
Zomato’s CEO, Deepinder Goyal, provides reasons for why Zomato acquired Uber Eats
After acquiring Uber Eats, Zomato has become the largest company in the food delivery business. Zomato’s CEO and Co-founder, Deepinder Goyal in a recent interview, gave reasons on why Zomato acquired Uber Eats. In an interview with ET, Deepinder Goyal said, “I’d give away 10% only if I’m gaining more than […]
Park+ gets $11 Million funding from Sequoia Capital, Matrix Partners
Startup Park+, based out Delhi NCR, gets $11 Million (INR 78.41 Cr) in funding from Matrix Partners, marquee VCs, and Sequoia Capital. The rise in automobiles has caused a lot of parking issues. Founded by ex-Paytm VP Amit Lakhotia (July 2019), Park+ enables commuters and drivers to find parking spaces […]