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Insurtech startup GramCover raises $7 mn funding led by Siana Capital, Inflexor

TMT

04 October, 2021

Insurtech startup GramCover raises $7 mn funding led by Siana Capital, Inflexor

GramCover Insurance Brokers Pvt Ltd, which runs rural insurtech startup GramCover, announced a Series A fundraising of $7 million...

Edtech firm Byju's bags $297 mn in Series F funding led by Oxshott Capital Partners

TMT

04 October, 2021

Edtech firm Byju's bags $297 mn in Series F funding led by Oxshott Capital Partners

Edtech giant Byju's has raised Rs 2,200 crore ($297.5 million) in fresh capital, underlining increasing investor faith in...

Workforce manager Smartstaff raises $4.3 mn from Blume Ventures, Nexus, others

TMT

04 October, 2021

Workforce manager Smartstaff raises $4.3 mn from Blume Ventures, Nexus, others

Blue-collar workforce management platform Smartstaff (previously Qikwork Services Pvt Ltd) has raised $4.3 million in funding...

Tiger Global, Creation Investments lead $30 mn Series C funding in Progcap

Finance

04 October, 2021

Tiger Global, Creation Investments lead $30 mn Series C funding in Progcap

Retailer-focused financing provider Progcap on Monday said it has raised $30 million (Rs 221 crore) as part of its Series ......

Festive sales kick-in with e-commerce firms reporting higher demand from smaller towns

TMT

03 October, 2021

Festive sales kick-in with e-commerce firms reporting higher demand from smaller towns

Bengaluru: E-commerce companies including Flipkart, Amazon India and Snapdeal, which kickstarted their annual flagship sales during...

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Sixth Sense Ventures eyes up to Rs 2,400 cr for third fund, a 60% jump from target

Consumer

04 October, 2021

Sixth Sense Ventures eyes up to Rs 2,400 cr for third fund, a 60% jump from target

Sixth Sense Ventures, co-founded by Nikhil Vora, is set to close its third fund at Rs 2,300-2,400 crore ($309-323 million), ......

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Indian investors flock to invest in alternative funds with digital tokens

Finance

04 October, 2021

Indian investors flock to invest in alternative funds with digital tokens

Indian investors are among the top five of 27 nationalities making tokenised investments in venture capital funds on private digital...

InMobi unicorn unit Glance goes 'Live' to lure more users on its lock screen

TMT

03 October, 2021

InMobi unicorn unit Glance goes 'Live' to lure more users on its lock screen

SoftBank Group-backed advertising tech unicorn, InMobi's business-to-consumer (B2C) unit 'Glance' is betting big on...

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Weekly Deals Wrap: Big fundraises by Meesho, Ola Electric, Vedantu offset subdued M&A activity

Finance

01 October, 2021

Weekly Deals Wrap: Big fundraises by Meesho, Ola Electric, Vedantu offset subdued M&A activity

Overall deal value during the week declined as mergers and acquisitions (M&A) activity was subdued unlike the preceding week....

Serum Institute to sell bulk of its stake as Wellness Forever files for IPO

Healthcare

01 October, 2021

Serum Institute to sell bulk of its stake as Wellness Forever files for IPO

Wellness Forever Medicare Ltd, an omni-channel retail pharmacy chain backed by Adar Poonawalla, has filed for an initial public...

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