StartUps

Insurtech startup Plum raises Rs 7 crores in seed funding

By : CIOL Bureau

Plum, a Bengaluru based group health insurance startup, has raised Rs 7 Crores in seed funding. The round was led by Incubate Fund with participation from Gemba Capital and Tracxn Labs along with angel investors including Abhijit Gupta and Ram

UiPath raises $225 million series E funding round

By : CIOL Bureau

UiPath announced it has closed its Series E investment round, raising $225 million at a post-money valuation of $10.2 billion. The round was led by Alkeon Capital Management. Others participating include Accel, Coatue, Dragoneer, IVP, Madrona Venture Group, Sequoia Capital,

Startup Circle: How Ripsey grew 5x in the last financial year?

By : Ashok Pandey

Ripsey is people’s health goal partner, nutritionist, chef, and more on their journey to become, and remain, as healthy as possible. It is built on a deep tech platform that is driven by data gathered from consumer’s insights and profiles.

StartUp Circle: How is SpringPeople changing how companies upskill their employees?

By : Laxitha Mundhra

The COVID-19 pandemic is tough for employees as well as companies. Thus, they look for people who are skilled; or skill their employees rather than hiring existing employees. Especially in the tech sector. As the demand for AI/ML has increased,

[Funding] Unicorn India Ventures invests $6,50,000 in Blockchain startup ChitMonks

By : CIOL Bureau

ChitMonks, a chit-fund regulator company, has received fund from Unicorn India Ventures. The company will use this $6,50,000 for product development, market expansion, strategic hiring and further investment in scaling up the current business. It also received ₹400 crores from SaScan. This is

As MeitY celebrates 5 Years of Digital India, here is what StartUp leaders have to say

By : Laxitha Mundhra

Ravi Shankar Prasad is the Union Minister, Law and Justice, Electronics and IT, and Communications. He conducted a webinar today, named, Electronics Niketan where he said that India has seen strong economic growth and due to the Digital India Movement. He

StartUp: Managing your startup’s cash flow during a crisis

By : CIOL Bureau

Cash has always been the blood of any successful business. Managing cash for a startup efficiently has always been a pathway to create a prosperous business. But like any business, start-ups also have issues in managing cash in its initial

Chances of economic revival: The start-up and tech ecosystem

By : Ashok Pandey

The Covid-19 pandemic has disrupted the Indian economy like never before. A near economic full stop that followed the outbreak left many businesses struggling or worse. During the pandemic, the world’s economy is being reshaped very quickly, and Indian firms

Entrepreneur First and IIT Kanpur Collaborate to support tech startups

By : CIOL Bureau

Entrepreneur First (EF) is a leading UK-based global talent investor. While Foundation for Innovation and Research in Science and Technology (F.I.R.S.T.) is a section 8 company of IIT Kanpur. Both have collaborated to build a strong support ecosystem for aspiring

[Funding]: Digital Media Firm Rusk Media raises seed fund from InfoEdge Ventures and others

By : CIOL Bureau

Rusk Media is a premium digital brand. The media company has raised an undisclosed amount from InfoEdge Venture Fund, Sprout Venture Partners and an undisclosed institutional investor. About Rusk Media Rusk creates premium, tailor-made content for the GenZ and Millennial smartphone

[Funding]: FinTech Aye Finance raises $27 Million from Google’s CapitalG and others

By : CIOL Bureau

FinTech startup Aye Finance raised Rs 210 crore in Series-E round led by Google’s PE CapitalG. The existing investors that participated in the funding round were LGT Lightstone, Falcon Edge, A91 Partners and MAJ Invest. Infact, LGT Capital now owns 17.49% shareholdings

[Funding]: EdTech Startup Instasolv receives $2 Million from Vedantu in pre-series A funding round

By : CIOL Bureau 1

Edtech startup Vedantu has invested $2 million in Instasolv. With that, it also has full rights to acquire the app. Vedantu’s investment is a part of Instasolv’s pre-series A funding round.  What is Instasolv? Instasolv is a doubt-solving app for high

[Funding]: Grocery delivery startup Milkbasket raises $5.5M Series B, led by Inflection Point Ventures

By : CIOL Bureau

Grocery delivery startup Milkbasket has closed a fresh round of investment. It was led by Inflection Point Ventures with existing investors for $ 5.5M. It continues to grow its operations across India. With that, the funding comes across to maintain

StartUp Circle: How is this CleanTech StartUp Skilancer Solar helping to solve water loss issues in the RE space?

By : Laxitha Mundhra

Water is vital to every living being, and earth comprises two-thirds of it. However, over the years, with the advent of industrialization and increased use of advanced agricultural methods, water is being wasted at an alarming rate. The Renewable Energy

Startup Circle: How is Timios, a FoodTech StartUp transforming the way children take their early years’ nutrition

By : Laxitha Mundhra

Timios was founded by brother-sister duo Aswani Chaitanya and Hima Bindu in 2016. The idea came about when Aswani moved to India from the UK in 2014 after spending about 15 years at top tier investment banks. Once he returned with his

Startup Circle: How is OncoStem transforming breast cancer treatment in India with CanAssist?

By : Laxitha Mundhra

Breast cancer is the most common type of cancer in India. About 150,000 women are diagnosed with breast cancer every year in the country, of which 50 per cent fall under Stage I and II. However, due to the lack

Ola Electric acquires Etergo; plans to launch line of two wheeler

By : CIOL Bureau

Ola Electric just came out last year. After venturing into the EV business, Ola-E has taken to expansion. In a recent development, Ola has acquired an Amsterdam-based electric scooter startup- Etergo. Further, it plans to locally produce and launch its

[Funding] Ola Money reportedly raises Rs 205 crores from matrix partners

By : CIOL Bureau

Ola Financial Services (OFS) is the parent company of fintech venture Ola Money. In a recent development, OFS has raised INR 205 Cr funding from Matrix Partners. Other prominent investors include Gemini Investments LP, Arun Sarin’s family office, and Alpha Wave

[Funding] FinTech HomeCapital raises seed funding from Varanium NexGen Fund

By : CIOL Bureau

HomeCapital is a Mumbai-based fintech startup. It focusses on assisting people to find homes and pay for them in India. Recently, this fintech startup has raised its seed funding. has raised a funding round led by Varanium NexGen Fund. What

[Funding] Cloud kitchen Startup Hoi Foods gets $2M in Pre-Series A funding

By : CIOL Bureau

Hoi Foods is a Cloud kitchen startup. According to reports, the food-tech has raised $2 million in its pre-Series A funding round. What is the start-up, Hoi Foods, about? Hoi Foods is a food brand for budget hotels. They bring