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Eruditus founder bets $32 mn on Innoven Capital India Fund

People

20 April, 2022

Eruditus founder bets $32 mn on Innoven Capital India Fund

Ashwin Damera, Founder and Chief Executive Officer of edtech unicorn Eruditus, has invested Rs 240 crore ($32 million) in one ......

Toch.ai rebrands itself as VideoVerse as it secures $46.8 mn in Series B round

TMT

20 April, 2022

Toch.ai rebrands itself as VideoVerse as it secures $46.8 mn in Series B round

Software-as-a-service (SaaS)-based video editing platform Toch.ai has rebranded itself as VideoVerse as it raised Series B funding of $46.8 million ......

Early-stage funding surged over 60% to $594 mn in 2021: InnoVen Capital

TMT

13 April, 2022

Early-stage funding surged over 60% to $594 mn in 2021: InnoVen Capital

India’s early-stage funding surged 63% in calendar year 2021, with investors pouring $594 million in startups at seed and pre-Series ......

Quona-backed Rupifi nets venture debt from Alteria Capital, others

Consumer

22 March, 2022

Quona-backed Rupifi nets venture debt from Alteria Capital, others

Financing platform Rupifi said it has raised venture debt of $8 million (around Rs 61 crore) from Alteria Capital, Trifecta ......

Why the Indian unicorn growth story is being led mostly by male founders

People

07 March, 2022

Why the Indian unicorn growth story is being led mostly by male founders

India’s startups will continue to be headed by men since women entrepreneurs continue to face many challenges including lack of ......

Digital health platform MediBuddy racks up $125 mn co-led by Quadria, Lightrock

TMT

22 February, 2022

Digital health platform MediBuddy racks up $125 mn co-led by Quadria, Lightrock

Online health platform MediBuddy, operated by Phasorz Technology Pvt Ltd, on Tuesday said it has bagged $125 million in a ......

Stellaris Venture-backed BeepKart bags funding from InnoVen Capital

Consumer

16 February, 2022

Stellaris Venture-backed BeepKart bags funding from InnoVen Capital

Beep Innovations Pvt. Ltd, which operates full-stack online retailer for used two-wheelers BeepKart, said it has racked up funding of ......

Leadership roles for women in startups little changed in 2021 despite funding boom

People

21 January, 2022

Leadership roles for women in startups little changed in 2021 despite funding boom

Gender disparity across the Indian startup ecosystem narrowed only a little in 2021 even as startups managed to raise record ......

Scripbox snags Series D funding led by existing backer Accel

TMT

19 January, 2022

Scripbox snags Series D funding led by existing backer Accel

Scripbox Advisors Pvt. Ltd, which operates an eponymous online investment platform, on Wednesday said it has raised $21 million (Rs ......

IPO-bound Pepperfry net loss narrows even as revenues dip

Consumer

14 January, 2022

IPO-bound Pepperfry net loss narrows even as revenues dip

Ahead of going public for listing, furniture marketplace Pepperfry narrowed its net losses by over one-third in 2020-21 (FY21) from a year earlier. The ......