startup77.bsky.social
@startup77.bsky.social
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Vikas Choudhury, former top executive at Reliance Jio, has launched a new growth-stage investment fund called Playbook Partners, which has achieved its first close at $130 million and may eventually expand to $250 million.
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Clean Electric, a developer of fast-charging battery technology for electric vehicles and grid battery solutions, recently raised $6 million in a funding round led by Info Edge Ventures, Pi Ventures, and Kalaari Capital, with participation from Lok Capital and other
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Bio-tech company Transcell Biologics has secured an undisclosed amount of funding from Boston-based Quantiphi and IAN Group. ##Biopharmaceuticals ##Biotech ##DigitalAnimalReplacementTechnology ##StemCellResearch ##TranscellBiologics
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Flipkart has officially launched its quick commerce service, Flipkart Minutes, in Gurugram and various parts of the NCR region. ##BigBasket ##Blinkit ##Flipkart ##FlipkartMinutes ##Gurugram ##QuickCommerce ##SwiggyInstamart ##Zepto
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Swiggy, the food delivery and quick commerce company, is preparing for an initial public offering (IPO) with plans to raise Rs 5,000 crore ($602 million) through a fresh issue of equity shares. ##FoodDelivery ##Instamart ##IPO ##SEBI ##SwiggyGrowth ##SwiggyIPO
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Zoomcar, a self-drive car-sharing platform, announced on Friday the launch of its first fulfillment center in Chennai, with plans to establish over 100 similar centers within the year.
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Honasa Consumer Limited, the parent company of the D2C brand MamaEarth, announced its financial results for the first quarter of the fiscal year 2025 (Q1 FY25) on Friday. The company experienced a 17.6% increase in revenue quarter-on-quarter (QoQ), along with a 33.3%
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NuvoRetail, a prominent eCommerce marketing and analytics company, has successfully raised $350,000 in funding. This investment is set to accelerate the development of Enlytical.ai,
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Madhya Pradesh Chief Minister Mohan Yadav announced that Google Cloud has proposed establishing a startup hub and center of excellence in the state.
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HCLTech's subsidiary, HCLSoftware, is set to acquire a 100% stake in the French software company Zeenea for a valuation of 24 million euros. This move is aimed at expanding its data and analytics business offerings. #HCLSoftware #HCLTech #KalyanKumar #Zeenea
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Atul Khosla is the founder and Vice Chancellor of Shoolini University, a premier institution in Himachal Pradesh, India, known for its emphasis on research and innovation.
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Moxie Beauty, a burgeoning player in the haircare industry, has raised $2.1 million (around Rs 17.3 crore) in a recent funding round led by Fireside Ventures.
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Honeywell, a global leader in technology, announced a significant long-term agreement with Air India, a Tata Group-owned airline. This contract involves the maintenance of Auxiliary Power Units (APUs) across Air India's current and future aircraft fleet. #AirIndia
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Gnani AI, a voice-first generative AI startup, secured $4 million (Rs 30 crore) in funding from early-stage venture capital firm Info Edge Ventures. The company plans to use the funds to drive sales growth and expand its operations across various regions. #AI
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Rapido has reached unicorn status after raising $120 million (around Rs 1,000 crore) in primary capital from WestBridge Capital. This latest funding round has elevated the ride-hailing platform's valuation to $1 billion, based on regulatory filings. #funding
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Toonsutra, a prominent webtoon comic app in India, has secured investment from Gen Fukunaga, the esteemed founder of Funimation. Fukunaga, a renowned figure in the anime and streaming industries, will also join Toonsutra’s advisory board. #funding #Funimation
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BluPine Energy announced on Monday that it has secured financial support of ₹239 crore from Tata Capital. This funding will be directed towards a solar power initiative in Chhattisgarh, according to the company's statement. #Actis #BluePineEnergy #funding #Startup
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Urban Company, an at-home services platform, reported a significant 30% increase in net revenue, reaching Rs 827 crore for the fiscal year ending March 31, 2024.
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Fintech unicorn Yubi (formerly CredAvenue), known for providing business loans, has expanded its employee stock option (ESOP) offerings under both its existing and new ESOP plans. According to a special resolution approved by Yubi's board, the company has added 2.2
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Wingreens Farms, a packaged food startup, is aiming to raise $4.3 million (INR 36.2 crore) in debt funding from over a dozen investors. According to the startup’s regulatory filing, Wingreens Farms will be allotting 957,216 compulsory convertible debentures (CCDs)
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Insurtech company Acko has announced the acquisition of OneCare, a digital chronic care management company, in an all-cash transaction.
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Captain Fresh, a seafood supply chain company based in Bengaluru, has announced its acquisition of Koral, a prominent Poland-based producer and distributor of branded salmon products.
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Nasher Miles, a prominent digital-first luggage brand, has secured $4 million in a bridge round to Series A funding. The investment came from the Singularity Early Opportunities Fund, Narendra Rathi (SoftBank Vision Fund), Sulabh Arya (Goldman
startup77.com/news/startup...
The inter-ministerial panel responsible for evaluating investments linked to China has not yet approved Paytm's proposal to invest in its payment aggregator arm, according to a senior government official on Friday. #Growth #investment #One97communicationsLtd #Paytm
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Electric vehicle ride-hailing startup MyPickup has secured an investment of Rs 1.5 crore in a seed funding round led by Inflection Point Ventures.
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