India's startup ecosystem saw a new unicorn being minted along with several other large financing rounds this week, according to data sourced by Tracxn.
Router has announced partnerships with multiple protocols, including Polygon, Avalanche, Terra, Algorand etc and plans to launch its main net in the next few weeks.
The funds will be used to build a tech team, with strong problem solving skills that can build and scale the product.
The funding comes as the Bengaluru-based Ola gears up for a public market debut next year.
The funds raised will be used to kickstart the startup's commercial operations in early 2022, starting with Bengaluru and then expanding it to multiple cities
The segment had witnessed a dip last year when it raised $735 million across 97 deals
Reset Tech is building an AI-based health-tech platform that will provide therapeutic solutions to lifestyle diseases such as diabetes and blood pressure using natural and traditional methods of yoga and meditation.
The latest fundraise comes in quick succession of AuthBridge’s series A round (undisclosed amount) in October from Infinity Alternatives
Bounce Infinity E1 will be available on pre-bookings starting today, allowing users to reserve scooters for Rs 499 with scooter deliveries slated for March 2022.
Real money games and fantasy sports attracted the majority of the investments in the sector, bagging around $700 million in the first nine months of 2021,
London-headquartered Nothing plans to build a suite of smart, connected consumer technology products.
The startup plans to use the funds raised to accelerate expansion into the North American market and further invest in its deep-tech product.
The company has grown its brands to over 1,000 with 50,000 products across categories like make-up, skincare, haircare, personal care, fragrances, and grooming appliances.
The company says it is slated to close with an ARR of Rs 60 crore by March 2022 and plans to utilise the funds for deeper retail penetration and boost growth.
Last month, the company announced a $5.5M ESOP liquidity program for all the eligible employees.
CleverTap helps digital consumer brands to increase their customer retention and lifetime value
K&L Wellness Technology was founded by serial entrepreneur Karan Talreja and Luke Coutinho, a renowned holistic lifestyle coach in the field of integrative and lifestyle medicine.
Earlier this year, Scaler raised $20 million in Series A Funding led by investors such as Sequoia Capital, Tiger Global and Rocket Internet, among others.
Velocity’s portfolio includes D2C brands such as PowerGummies, Green Soul, WallMantra, BellaVita, Smoor Chocolates and CrossBeats
ElectricPe is looking to disrupt the market by bridging this gap. In doing so, they will soon become the largest EV charging platform in India," said Arpit Agarwal, Director, Blume Ventures.
Not everyone is cut out for warehouse jobs, where the hours can be long, the pay decent and the temperature slightly hotter than the outside.
The startup has earlier raised a $10M Seed round from Elevation Capital, Sequoia Capital India & Matrix Partners along with angel investors like Jitendra Gupta, Kunal Shah & Jaydeep Barman.
Founded by Ravi Bhushan in July 2020, BrightChamps looks to empower 6-to-16-year-olds across the globe with next-generation life skills through a learning programme that complements the school curriculum.
Coinbase said this deal would bring Agara's deep expertise in machine learning and natural language processing to the company's engineering team.
The funding was led by Venture Catalysts (VCats) and Gruhas Proptech- an exclusive platform by Nikhil Kamath of Zerodha and Abhijeet Pai of Puzzolana Group to invest in Disruptive Proptech Companies.
