Zepto Secures $665 Million in Series F Funding to Solidify Leadership in Quick Commerce By Shrija RoyMonday, June 24, 2024 In a significant milestone for the quick commerce sector, Zepto has successfully raised $665 million in its Series F funding round. This major financial injection underscores investor confidence in the startup’s business model and growth…
In a significant boost to the Bengaluru-based fintech startup CheQ, the company has successfully raised $6.7 million in an extended seed fundraise. This recent influx of capital brings the total raised during its seed round to $10.2 million. The funding round saw participation from notable investors including Lloyd Dizon, Zenaida Dizon Balajadia, and Sherpalo LLC,…
In a noteworthy development for the B2B apparel procurement sector, Zyod has successfully raised $18 million in funding. This substantial capital injection is set to propel the startup’s technological capabilities and support its ambitious plans for international growth. Enhancing Technological Infrastructure The primary focus of this new funding round is to build a more robust…
India’s commitment to sustainable development and environmental conservation has led to a burgeoning cleantech sector, driven by innovative startups dedicated to creating cleaner, greener solutions. These cleantech startups are at the forefront of addressing critical issues such as renewable energy, waste management, water conservation, and sustainable agriculture. Here, we highlight the top 10 cleantech startups…
India’s fintech sector has experienced exponential growth over the past decade, becoming a global hub for financial innovation. This dynamic landscape is driven by startups leveraging cutting-edge technology to offer a wide range of financial services, from digital payments to lending, insurance, and wealth management. The following are the top 10 fintech startups in India,…
1.PharmEasy: PharmEasy is an online pharmacy platform that enables users to order prescription medications and healthcare products from the comfort of their homes. With a user-friendly interface and a wide range of products, PharmEasy offers convenience and accessibility to those seeking pharmaceutical services. Users can upload prescriptions, browse products, and enjoy doorstep delivery, making healthcare…
Key Points Call for Reform: Mohandas Pai, a prominent figure in India’s IT and financial sectors, urges the Modi government to implement bold reforms to boost the startup ecosystem. Criticism of Angel Tax: The Angel Tax, introduced in 2012 to combat money laundering, taxes unlisted companies on capital raised above fair market value. This tax…
Daily Indian Startup News and Funding Alert – 29 July 2024 Funding News D2C haircare brand Moxie Beauty raises Rs 17.3 Cr Moxie Beauty, a D2C haircare brand based in Gurugram, has raised Rs 17.3 crore ($2.1 million) in funding led by Fireside Ventures. This round also saw participation from a group of angel investors,…
Key Points The Telangana government has made significant appointments, ushering in fresh leadership for key entities focused on fostering innovation and entrepreneurship in the state. With orders issued on Wednesday, May 22, the government has named new Chief Executive Officers (CEOs) for the hardware prototyping facility T-Works and the women entrepreneurship facilitator WE-Hub. Additionally, an…
Summary: Byju’s, a leading edtech firm, has undergone a significant leadership transition, with founder Byju Raveendran taking over the day-to-day operations following the resignation of CEO Arjun Mohan. The company has streamlined its operations into three divisions to enhance agility and market responsiveness. Arjun Mohan will transition into an advisory role. The restructuring signifies the…
