Bengaluru-based startup Pravaig to supply batteries for European forces
The modern soldier is as much a cyborg as human, with electronics being a major part of their equipment. Pravaig's Field Pack provides the modern soldier and their equipment enough energy to charge the equivalent of a MacBook 60 times, the statement said.
Ather Energy raises $128 million funding led by India's sovereign wealth fund, Hero MotoCorp
This will be the first direct investment by the country's sovereign wealth fund in the manufacturing sector and in electric mobility
Web3 gaming could provide better monetisation opportunities, say top Indian gaming founders
Web3 can be as big of an opportunity for India as Web2 was for China, said MPL co-founder Sai Srinivas
Humantic AI raises funding from Google's Bradley Horowitz, Flipkart co-founder Binny Bansal, others
Humantic AI is an artificial intelligence-based startup that aims to help sales people better understand prospective customers.
Ola Electric customer alleges accident caused due to scooter fault, company disputes it
Since deliveries started in December last year, Ola Electric has struggled with issues pertaining to the quality, delivery and the after-sale service of its scooters
Cricket NFT platform Rario bags $120 million funding led by Dream Capital
This marks the first bet by the Dream11 parent in the Web3 space and its largest investment so far.
Audio platform Headfone bags $10 million funding led by Elevation Capital
Headfone, which offers Hindi audio dramas in fiction genres like horror, thriller, and romance, plans to use the funds to expand to other languages and genres
Storyboard18 | When founders become content creators
They double as models, photographers, copywriters and insight miners. Meet early-stage startup founders who are weaving their brands’ stories.
Healthcare provider Medfin raises $15 million in Series B funding
With the freshly raised funds, Medfin plans to expand to more than 25 cities across the country. It plans to invest in research and development, technology, processes, and people.
Employee productivity monitor We360.ai raises $500,000 in seed funding
After the seed fund round, We360.ai said it has become the first startup from a Tier-2 Indian city to raise venture capital.
Dyte bags $11.6 million funding, to help businesses integrate live video with their apps
Dyte plans to use the funds to expand its product and engineering team, with a focus on international hires
Rebel Foods acquires majority stake in luxury chocolate brand SMOOR
With the investment from Rebel Foods, SMOOR hopes to witness thrice the growth in financial year 2022-23 over the previous year.
Unacademy lays off about 10% of its workforce
This move comes amid murmurs among various stakeholders in the startup ecosystem on whether the euphoria is now slowing down in the country after an exuberant 2021, with deals taking longer to close and some late-stage deals coming under pressure from the funding slowdown.
Flipkart Health+ launches app to enable access to medicines, healthcare products
The Flipkart Health+ tech platform delivers products across 20,000 pin codes in India. In addition, the Flipkart Health+ app can be accessed on low bandwidth making it ideal for locations with lower internet reach.
Twitter rival Koo launches self-verification feature to reduce trolling, create accountability
Koo had recently launched the beta version of the feature on its platform and about 5,000 users have self-verified their accounts since then.
PhonePe to more than double employee count to 5,400 in next year
The leader in transactions on UPI said it has 2,800 open job positions across Bangalore, Pune, Mumbai, and Delhi
Biryani, BSE and Bills, the three Bs of India’s online expenditure in FY22: Razorpay report
Fintech company Razorpay analysed over a billion transactions on its platform to know what Indians were paying for online. Here’s what they found out.
Venture Capital firm Omnivore launches $130 mn fund to invest in agritech, climate sustainability
With the newly launched fund, Omnivore will focus on catalysing climate action in agriculture, backing startups that are addressing India’s GHG emissions, and securing the future of India’s farmers.
Bombay Play raises $7 million funding to build social games
Bombay Play plans to use the fresh capital raised towards scaling its existing 'hypersocial' game offerings and supporting upcoming projects
Indian startups raise over $10 billion funding in first quarter of 2022
Bengaluru continues to dominate in terms of funding deals, with the startups in the city attracting $4.6 billion across 121 deals in Q1 of 2022
Games24x7 raises $75 million funding at $2.5 billion valuation
Games24x7 plans to use the funds raised to accelerate its user growth, content development, and technological capabilities.
LambdaTest raises $45 million in funding led by Premji Invest
LambdaTest allows web developers to test their websites and apps on over 3,000 different combinations of browsers (and their different versions), operating system environments and devices.
Classplus raises $70 million led by Alpha Wave Global, Tiger Global
The financing round valued the Noida-based startup at close to $600 million, more than double its previous valuation when it had raised $65 million Series C funding in June 2021
Spacetech startup Pixxel bags $25 million funding led by Radical Ventures
Pixxel plans to use the funds raised to accelerate the production of a constellation of satellites that can provide world's highest resolution hyperspectral satellite imaging of the earth
