Sheena
1407 stories by Sheena
Byju’s consolidated income has become 82% in FY20
Byju’s has secured itself as the most noteworthy esteemed startup in India, worth around $16.5 billion subsequent to raising more than $1.5 billion during the main portion of 2021. It is likewise named as the most esteemed edtech startup across the globe while its closest Indian rival Unacadem
Radhika Ghai ShopClues founder has started again with Kindlife
ShopClues prime supporter Radhika Ghai is back with her second venture. The Gurugram-based entrepreneur has launched Kindlife.in, a marketplace for organic items across several categories, according to sources. This comes less than two years after her previous venture ShopClues, an online marketplac
Dukaan has secured $11 million in its pre-Series A round led by 640 Oxford Ventures
Dukaan, an e-commerce enablement platform, has secured $11 million in its pre-Series A round led by 640 Oxford Ventures. The fresh assets have come almost a year after a $6 million seed round for the Bengaluru-based startup. Snow Leopard Ventures, Lightspeed Partners, and Matrix Partners India have
Software organization Freshworks records for IPO in the US
Software organization Freshworks has petitioned for a first sale of stock in the United States. The organization is looking to raise $100 million, a placeholder sum which could change going ahead, its filings with the US Securities and Exchange Commission showed. The organization, established in 201
Accel dispatches a pre-seed financing round called Atoms where it will put $250,000 in new startups
2021 has been a blockbuster year for startup subsidizing in India, and it appears as though financial backers would prefer not to pass up putting resources into promising new companies. Funding firm Accel said it has dispatched a pre-seed financing program called Atoms where it will put $250,000 in
Magicpin has brought around $3 million up in another tranche drove by Oyo’s founder Ritesh Agarwal
Magicpin has brought around $3 million up in another tranche drove by Oyo’s founder Ritesh Agarwal through his own specific reason vehicle (SPV) RA Holdings. Existing financial backers Lightspeed, The Bunting Family and Moonstone have likewise participated in the tranche. This is the second im
Skeps has brought $9.5 million up in its Series A round drove by Bertelsmann
Skeps has brought $9.5 million up in its Series A round drove by Bertelsmann India Investments. Existing benefactor Accel has likewise joined the round. As indicated by the Gurugram and New York-based startup, the new capital will be utilized to grow its business, promoting, designing and item group
Soothe Healthcare brings Rs 100 Cr up in broadened Series C round
Soothe Healthcare has raised Rs 100 crore or about $13.6 million in its lengthy Series C round drove by Gulf Islamic Investments (GII), Northern Arc and KKR-upheld Incred. With this round, the creator of Paree brand of clean cushions’ complete subsidizing remains at Rs 230 crore or $31.5 milli
Dezerv. has brought $7 million up in its seed round co-drove by Elevation Capital and Matrix Partners India
Invest tech startup Dezerv. has brought $7 million up in its seed round co-drove by Elevation Capital and Matrix Partners India. Whiteboard Capital, Blume Founders Fund, and a grasp of tech originators like Kunal Shah, Ramakant Sharma, Asish Mohaptra and Ruchi Kalra, Vidit Aatrey and Sanjeev Kedia a
Teachmint in conversation to raise fresh assets of more than $500 Mn valuation
Edtech startup Teachmint is in converses with new and existing financial backers to raise a new round that will push the organization’s valuation to a large portion of a billion dollars, said two sources mindful of the matter. This will be the third round for the Bengaluru-based firm in 2021.
Bikayi has brought $10.8 million up in its Series A round drove by Sequoia Capital India
WhatsApp coordinated shipper internet business stage Bikayi has brought $10.8 million up in its Series A round drove by Sequoia Capital India. It had solely announced with regards to this round in May. As per the Hyderabad-based startup, the assets will be utilized to increase its item improvement,
Learning startup Habbit has brought $320K up in its pre-seed round drove by Ashok Goyal
Habbit, a stage dependent on propensity based networks, has brought $320K up in its pre-seed round drove by Ashok Goyal, previous individual from Supervisory Board of Sanjeev Goenka Group. A grasp of heavenly messengers, for example, Rajinder Mohan, Gaurav Vij, Geeta Ahluwalia and Kunal Ojha have ad
Assam-based home decor startup KraftInn has raised seed round
Assam-based home decor startup KraftInn has brought an undisclosed sum up in its seed round drove by NEDFi Venture Capital Ltd. (NVCL), through its North East Venture Fund. The financing cash will be utilized in growing its stock, plans and strengthening its advertising, deals and appropriation grou
Trifecta Capital has dispatched its third asset worth Rs 1,500 crore or $200 million
Venture debt firm Trifecta Capital has dispatched its third asset worth Rs 1,500 crore or $200 million, with an objective corpus of Rs 1000 crore and a green shoe choice of Rs 500 crore. It will be the biggest asset managed by the Mumbai-based firm, that will hope to cooperate with 50 to 75 class [&
Skeps has brought $9.5 million up in its Series A round drove by Bertelsmann
Retail location monetary technology organization Skeps has brought $9.5 million up in its Series A round drove by Bertelsmann India Investments. Existing supporter Accel has likewise joined the round. As per the Gurugram and New York-based startup, the new capital will be utilized to grow its busine
Artificial intelligence-based voice startup Skit has brought $23 million up in its Series B round drove by WestBridge Capital
Artificial intelligence-based voice startup Skit which was already Vernacular.ai, has brought $23 million up in its Series B round drove by WestBridge Capital. Kalaari Capital, Exfinity Ventures and AngelList Syndicate drove by Aaryaman Vir Shah from Prophetic Ventures, and LetsVenture Syndicate dro
Dream11 in conversation to raise more than $400 Mn at $8.5 Bn valuation
Dream Sports, the organization that runs dream sports stage Dream11, is in converses with raise essentially $400 million in a round with interest from both new and old financial backers, say two individuals acquainted with the turn of events. This round is relied upon to knock the organization’
Amazon requests that Sebi pull out Future-Reliance deal endorsement
Amazon has written to India’s business sectors controller SEBI requesting that it pull out its restrictive endorsement to the Rs 24,713 crore bargain between Reliance and the Future Group as the internet business significant looks to raise the stakes in its tussle with Reliance over the arrang
Cars24 raised a $200 million round drove by DST Global
Cars24 turned into the primary unicorn from the pre-owned vehicle and bicycle space when it raised a $200 million round drove by DST Global in November 2020. In the mean time, as it is good to go to score a new round drove by Falcon Edge, Cars24’s initial patrons and prime supporters have offl
Bengaluru-based Scaler startup Scaler Academy procures Coding Elements
Scaler Academy, an edtech startup focused on giving software engineering courses, has procured internet learning stage Coding Elements in an all-cash bargain. As per an ET report, the arrangement is worth around $1 million. With this securing, Bengaluru-based Scaler expects to fortify further and gr
Magicpin has brought around $3 million up, round drove by Oyo
Disconnected disclosure and award stage Magicpin has brought around $3 million up in another tranche drove by Oyo’s author Ritesh Agarwal through his own unique reason vehicle (SPV) RA Holdings. Existing financial backers Lightspeed, The Bunting Family and Moonstone have likewise partaken in t
Paytm allotted stock worth Rs 189 Cr to previous and existing staff before IPO
Digital payments firm Paytm has apportioned value shares to its 166 previous and current workers following the activity of ESOPs held by them. As per Paytm’s administrative filings, the organization has allocated 10,11,582 value shares to the workers who have presented the application for prac
Digit Insurance had reported in July that it raised $200 million at a valuation of $3.5 billion
General insurance supplier Digit Insurance had reported in July that it raised $200 million at a valuation of $3.5 billion. While the subtleties of the exchange are yet to be documented with the Ministry of Corporate Affairs, the organization has raised a further Rs 121 crore from TVS Growth Fund an
India’s liberalized new drone rules have little space for citizens’ protection
On Thursday, the government at last announced its much-awaited new liberalized drone rules, marking the transitioning for an industry that has for since a long time ago struggled under unclear, and somewhat unimplementable regulatory norms. And while virtual celebrations have broken out since the an
Indiagold has scooped up $12 million in its Series A round led by Prosus-owned PayU and Alpha Wave Incubation
Indiagold, a gold-centric lending startup, has scooped up $12 million in its Series A round led by Prosus-owned PayU and Alpha Wave Incubation. Better Tomorrow Ventures, 3one4 Capital, Rainmatter Capital and Leo Capital additionally participated in the round. The organization, which operates in NCR,
Moglix had turned unicorn with a $120 million financing round led by Falcon Edge Capital and more
Business-focused mechanical products marketplace Moglix had turned unicorn with a $120 million financing round led by Falcon Edge Capital and Harvard Management Company in May. While the organization just disclosed essential mixture, there is a secondary component in the round where three of its ear
AppsForBharat has raised $4 million in seed funding co-led by Sequoia Capital India and BEENEXT
AppsForBharat, focused on building applications for otherworldly and devotional needs of Indian users, has raised $4 million in seed funding co-led by Sequoia Capital India and BEENEXT. The round additionally saw interest from WEH Ventures. Entrackr had exclusively reported that AppsForBharat is in
Khatabook has closed a $100 million Series C funding round at valuation of $600 million
Bookkeeping and e-commerce enabling stage Khatabook on Tuesday said it has closed a $100 million Series C funding round at a valuation of close to $600 million. The round was led by US-based VC firms Tribe Capital and Moore Strategic Ventures. Alkeon Capital, Eduardo Saverin’s B Capital Group,
B2B FMCG online business startup Kirana247 has brought $1 million up in its pre-Series A round
B2B FMCG online business startup Kirana247 has brought $1 million up in its pre-Series A round drove by huge monetary establishments and sequential business visionaries. As per the Delhi-based startup, the assets will be sent to increase its satisfaction organization and to set up 40 miniature distr
DealShare in conversation to raise a new round at more than $1 Bn valuation
Basic food item and fundamentals centered social commerce startup DealShare is in converses with new and existing financial backers to raise a new round at more than $1 billion valuation, as per three sources mindful of the arrangement. This will be the third round for the Bengaluru-based organizati
Mensa Brands has raised another $33 million from four existing investors
Online business rollup stages in India propelled by the renowned Thrasio model have kept on cleaning up new speculation. In the wake of bringing $50 million up in a blend of obligation and value round, Mensa Brands has raised another $33 million from four existing financial backers. Alpha Wave Incub
Klub has raised $20 Mn in seed round
Klub has raised $20 million of every one of the largest seed adjusts raised by a startup from India. The subsidizing round saw cooperation from existing investors 9Unicorns, Sequoia’s Surge alongside Alter Global and GMO VenturePartners. As per Entrackr’s sources, Klub has raised $10 mil
RaRa Delivery has raised $3.25 million in a round led by Sequoia Capital India’s Surge and Indonesia’s East Ventures
Delivery startup RaRa Delivery has raised $3.25 million in a round led by Sequoia Capital India’s Surge and Indonesia’s East Ventures. 500 new companies, Angel Central, GK Plug and Play and angels, for example, Royston Tay and Yang Bin Kwok have additionally joined the round. As indicate
RACEnergy has raised $1.3 million in its seed+ round led by Micelio Fund and growX ventures
Electric vehicle infrastructure startup RACEnergy has raised $1.3 million in its seed+ round led by Micelio Fund and growX ventures. Huddle, Prophetic Ventures, BITSian Angels and others have likewise participated in the round. As indicated by Hyderabad-based RACEnergy, the fresh capital will be use
Miko brings $29 Mn up in a new round drove by IIFL
Miko, a robot company, has brought $29 million up in a Series B round from 30 financial backers. This is the second round for the Mumbai-based startup this year which raised $6.7 million drove by IvyCap Ventures in April. Miko has passed an exceptional goal to apportion 15,948 inclination shares and
Microsoft has invested in tech companies in India
The arrangement among Microsoft and Oyo has been concluded. The US-based tech goliath has put $5 million in the SoftBank-supported accommodation firm, which is viewed as an essential arrangement for the two organizations. At only 0.052% of the valuation, the deal is clearly little, yet it may serve
Zetwerk, has raised a new round driven by D1 Capital Partners
Zetwerk, has raised a new round driven by D1 Capital Partners. This is the second raise support for the company in 2021 including a $120 million Series D round in February. Breakdown of the current round, passage into the unicorn club As indicated by the company’s administrative filings, it ha
Probus Smart Things has brought $500K up in its bridge round drove by Unicorn India Ventures
Keen network centered IoT correspondences and information examination business, Probus Smart Things has brought $500K up in its bridge round drove by Unicorn India Ventures. Holy messengers, for example, Trimaster’s Anuj Khanna, Theia Ventures’ Kiran Alla, Devdutt Shah, Urmin Group’
Hashnode has brought $6.7 million up in its Series A round drove by Salesforce Ventures
Hashnode has brought $6.7 million up in its Series A round drove by Salesforce Ventures. Sierra Ventures, Sequoia Capital India’s Surge and Accel Partner and a grasp of heavenly messengers, for example, Naval Ravikant, Des Traynor, Guillermo Rauch and others have likewise taken an interest in
AgNext has raised more than $21 million in a new round drove by Falcon Edge’s Alpha Wave Incubation
Agritech startup AgNext has raised somewhat more than $21 million in a new round drove by Falcon Edge’s Alpha Wave Incubation. The Chandigarh-based startup had completed its pre-Series A round in January 2019. AgNext has endorsed the designation of 3 value shares and 3817 Series An inclination
Smallcase has brought $40 million up in Series C from Faering Capital, Amazon and others
Smallcase has brought $40 million up in its Series C round drove by Faering Capital with interest from new financial backers, Amazon and Premji Invest. Existing supporters including Sequoia Capital, Blume Ventures, Beenext, DSP Group, Arkam Ventures, WEH Ventures and HDFC Bank additionally took part
Postman has brought $225 million up in its Series D round drove by Coatue, Battery Ventures and more
Bengaluru and San Francisco-based API improvement firm Postman has brought $225 million up in its Series D round drove by existing financial backer Insight Partners and joined by Coatue, Battery Ventures, BOND, CRV, and Nexus Venture Partners. DoorDash’s item chief Gokul Rajaram and Freshworks
Ola Electric consolidates another entity and implants Rs 250 Cr
On Indian Independence day, Ola Electric at long last divulged conspicuous provisions, dispatch, conveyance and evaluating of its S1 and S1 Pro bikes. A month prior, the organization additionally announced that it brought $100 million up in the red from the Bank of Baroda (BoB). In any case, it didn
UpScalio, an online business organisation, said it has gathered up $42.5 million in Series A financing
UpScalio, an online business roll-up organization, said it has gathered up $42.5 million in Series A financing, featuring the new investor surge towards the Thrasio style-plan of action in India. UpScalio Plans The UpScalio financing round was driven by Presight Capital and an undisclosed worldwide
Klub has brought $20 million up in seed round
Klub has brought $20 million up in one of the biggest seed adjusts raised by a startup from India. The financing round saw cooperation from existing investors 9Unicorns, Sequoia’s Surge alongside Alter Global and GMO VenturePartners. As per Entrackr’s sources, Klub has brought $10 millio
The Mumbai-based organization Eruditus enters unicorn club with $650 Mn round drove by Accel and SoftBank
Edtech organizationThe Mumbai-based organization Eruditus enters unicorn club with $650 Mn round drove by Accel and SoftBank. It has become the furthest down the line contestant to the desired club of unicorns. The Mumbai-based organization, which offers chief courses, has brought $650 million up in
Zomato has contributed Rs 741.2 crore or $100 million in Grofers
A day subsequent to getting a green sign from the Competition Commission of India, Zomato has contributed Rs 741.2 crore or $100 million in Grofers. The speculation would likewise check a reemergence of the Gurugram-based foodtech organization into staple selling. Furthermore, the passage of Grofers
Over ghost orders scam Legitimate notification is sent to Meesho
Social trade stage Meesho and its coordinations accomplice Shadowfax have been served a legitimate notification over the supposed ghost orders scam, where affiliates on Meesho send false requests to individuals who have never positioned them. This supposed ghost orders scam on Meesho was first expos
Hero Electric Vehicles will contribute Rs 700 crore by 2025 to fire up its business expansion
Hero Electric Vehicles will contribute Rs 700 crore by 2025 to fire up its business expansion, including setting up of another manufacturing unit, for which it has raised Rs 220 crore to part-finance the activities, according to a top company official. The company is planning to set up another manuf
Ola, has announced the expansion of its worker investment opportunities (ESOP) pool to Rs 3,000 crore
Ola, has announced the expansion of its worker investment opportunities (ESOP) pool to Rs 3,000 crore. The company stated it is also allocating an additional Rs 400 crore worth of stocks to its representatives in the approach its IPO. “This is aimed at long haul, meaningful wealth creation,
In new round Dailyhunt’s parent Verse Innovation brought $450 Mn
Verse Innovation, the parent company of vernacular news aggregator Dailyhunt and producer of short video entertainment application Josh, has brought $450 million up in its Series I round drove by Siguler Guff, Baillie Gifford and Carlyle Asia Partners. Existing investors Sofina Group, Qatar Investme
Ultrahuman set to gather up $18 Mn round drove by AWI
Application based metabolic wellness stage Ultrahuman is in its last leg to bring $17-18 million up in another round, said three individuals mindful of the subtleties of the exchange. This would be the second funding round for an under two-year-old company since its inception. “Alpha Wave Incu
A San Francisco CA Based Contentstack Has Raised $57.5M in Series B Funding
Contentstack, a San Francisco CA-based supplier of a Content Experience Platform (CXP), raised $57.5M in Series B funding. The round was driven by Insight Partners, with participation from existing financial backers Illuminate Ventures and GingerBread Capital and new financial backer Georgian. The c
A Chicago, IL-Based Bringg Has Raised $100M in Series E Funding
Bringg, a Chicago, IL-based conveyance and satisfaction cloud platform supplier, shut a $100m Series E funding round. The round, which sets Bringg’s market valuation to $1 billion, was driven by Insight Partners with participation from Cambridge Capital, GLP, Harlap, Next 47, Pereg Ventures, S
A Singapore Based Parcel Perform Has Raised US$20M in Series A Funding
Parcel Perform, a Singapore-based cloud-based conveyance experience platform for internet business organizations around the world, raised US$20M in Series A funding. The round was driven by Cambridge Capital, with participation from new financial backer SoftBank Ventures Asia and existing financial
Cryptocurrency trade CoinDCX said it has brought $90 million up in Series C funding
Cryptocurrency trade CoinDCX said it has brought $90 million up in Series C funding at a valuation of $1.1 billion, making it the 22nd unicorn of 2021 in India in a year that is now a record-breaking year for startup funding in the country. This likewise makes CoinDCX India’s first crypto unic
Venture Partners has raised $225 Mn for its subsequent India-committed asset
Beginning phase investment firm Stellaris Venture Partners said it has raised $225 million for its subsequent India-committed asset, amid what has effectively been a record-breaking year for startup funding in the country. With this asset, Stellaris Venture Partners presently has more than $300 mill
Miko brings $29 Mn up in another round drove by IIFL
Miko, a kid friend robot organization, has brought $29 million up in what seems, by all accounts, to be a Series C round from 30 financial backers. This is the second round for the Mumbai-based startup this year which raised $6.7 million drove by IvyCap Ventures in April. Miko has passed an extraord
This Kashmiri woman entrepreneur sells homemade sugar-free dry fruit sweets with the assistance of social media
Rida Sajad, a 37-year-old housewife from Kashmir Valley started a business of homemade sugar-free dry fruit sweets to advance good dieting habits.An arising independent entrepreneur, Rida has named her sweet specialty unit – Shireen-E-Yemberzal, which implies sweet bloom. She draws in with her
With just Rs 20,000, how this homemaker started a home prepping brand on Instagram
Social commerce has progressively become an ideal stage for ladies entrepreneurs to set up virtual shops. As individuals become more danger disinclined to start organizations during the pandemic, many are trying different things with online stages like Instagram to start independent ventures and mak