The bitcoin market continues to gain traction. Coinbase, the US-based cryptocurrency exchange, announced on Tuesday that it has acquired Agara, an AI-powered support platform with operations in India and the United States. This is Coinbase’s first purchase in India, where the company has been hiring to expand. Abhimanyu Singh, Pankaj Gupta, and Arjun Maheswaran founded … Read more
Hardik Pandya, India’s leading all-rounder invests in Bidzapp, an online skill-based auction platform. Launched on 17th July 2021 by 100G Tech Ventures Private Limited, Bidzapp auctions brand new premium products online, at upto 80% lesser than MRP for most of its products. All auctioned products and services are sold and fulfilled by authorised dealers. Auctions … Read more
Ruptok, a fintech platform for gold loans, has raised Rs 16 crore from existing and new investors, including Manuvel Malabar Jewellers and industry veterans and HNIs Nivedan Sahay and Neeraj Aggarwala, in its pre-Series A fundraising round. According to the firm, over Rs 60 crore has been distributed to over 1,600 clients. Ruptok is a … Read more
On the last day of subscription on Monday, FSN E-Commerce Ventures Ltd’s maiden share-sale, which runs the online marketplace for beauty and wellness items Nykaa, was subscribed 81.78 times, owing to strong demand from institutional investors. According to NSE data, the Rs 5,352 crore IPO attracted bids for 2,16,59,47,080 shares against the 2,64,85,479 shares on … Read more
According to papers with the Securities and Exchange Board of India (SEBI), logistics unicorn Delhivery has filed for an initial public offering (IPO) to generate up to Rs 7,400 crore. Delhivery is the latest Indian startup to go public, capitalising on investor interest in technology-driven firms. Founded in 2011, Delhivery has established itself as the … Read more
The National Bank for Agriculture and Rural Development’s (NABARD) Nabventures Fund has led a Rs 15 crore fundraising round for VilCart Solutions, a rural-economy centred digital platform. According to the announcement, VilCart is present in 20 districts in Karnataka and one district each in Tamil Nadu and Andhra Pradesh, with plans to extend across the … Read more
Home Credit India, a local arm of the international consumer finance provider with operations spanning across Europe and Asia and committed to driving financial inclusion in India, has partnered with Flexmoney, India’s leading full-lifecycle BNPL (Buy Now Pay Later) Digital Credit Network Platform provider to offer Instant Cardless EMI to Home Credit customers across Flexmoney’s … Read more
Prior to its IPO, PB Fintech, the holding company for PolicyBazaar and PaisaBazaar, received Rs 2569.73 crore from 155 anchor investors. The company claimed in a filing with the stock exchanges that the participants included both domestic and overseas investors, with shares distributed at a price of Rs 980 per share. PB Fintech’s initial public … Read more
SHAREit Group, a global technology company, today announced that its file sharing, content streaming and gaming app SHAREit, has been recognised amongst the Top 10 fastest growing apps globally due to a high volume of downloads during Q3 2021. The rankings of the Top Breakout Apps in Q3 are provided by App Annie, which is … Read more
Ravi Kallayil, Sara Kilgore and Pavan Kareti have a collective experience of three decades, working with global footwear brands such as Nike and Adidas. In 2020, the trio quit their dream jobs to build an innovative Made-in-India footwear brand, designed specifically for Indian children, at an accessible price. Since then, they have been doing extensive … Read more
SelfDecode – an integrated AI platform providing personalized health recommendations based on DNA, labs, and environmental factors – has raised more than $1 million through crowdfunded investments. The ongoing investment round is being run through WeFunder, a leading securities platform that makes angel investing available to average investors, offering opportunities to build a portfolio of … Read more
Education infrastructure startup Teachmint on Monday announced that it has raised $78 million in Series B round led by Rocketship.vc and Vulcan Capital. This round also saw new investors, Goodwater Capital and Epiq Capital, pitch in. The new round brings the 16 month-old startup’s total fundraise to $118 million, making it the fastest such capital … Read more
Gurugram-based influencer marketing automation platform Wobb has raised Rs 2.1 crore in pre-seed round from lead investors Titan Capital led by Kunal Bahl and Rohit Bansal (Snapdeal Founders) and Point One Capital. Founded in 2020 by Ishan Jindal, Wobb is aimed at simplifying influencer hiring and improving measurability using Wobb’s pixel technology, which provides data including sales, traffic, impressions … Read more
