The company will utilize the fresh capital to develop its technology, create a roadmap to onboard new verticals and expand the business across India in the coming days
While the Chinese applications were crushed, Indian saw gold rush! To know more we spoke to founders of popular Indian apps that are serving as an alternative to popular Chinese apps
In order to service the slum areas and orphanages, the company said it is willing to partner with non-governmental organizations and similar institutions.
With edtech start-ups such as Byju's and Toppr coming up with free learning courses and modules to help students during the pandemic, engagement numbers of these online platforms have seen a massive surge.
The Bengaluru-based company aims to create a pan India network of large format garages that offer a one-stop hyperlocal solution for all car ownership and maintenance needs.
Bengaluru-based Cashfree has grown steadily over the last few years and with profitability on its side, expects payments volumes on its platform to triple by the end of the calendar year.
Founded by recent IIT Roorkee graduates Kush Taneja and Sambhav Jain, FamPay said it will use the funds to build a quality engineering team to develop its technology and grow faster.
Jaipur-based DealShare is a platform that runs on an idea similar to China's Pinduoduo-bringing together the best deals on several products to those in the middle- and low-income segment.
Bengaluru-based Salesken.ai said the new funds would be used for further development of its AI-based conversation intelligence platform and for expansion across the Asia Pacific and North America markets.
Through the initiative, the two companies will provide hands-on support and technologies for social enterprises to scale and build business models that can benefit a larger group of people across the world.
This deal marks InnoVen Capital's third investment in the scooter sharing start-up within a period of 18 months, taking the total debt investment to $12 million
The company will use the new funds to develop its platform further for faster diagnosis, expand the product line and strengthen its presence in Africa and Asia.
The new funds would be used to create and aggregate more content as they look to solidify their presence in India as well as expand to certain international markets, on board advertisers, hire more talent and develop their technology further.
With the new funds, Gurugram-based Josh Talks plans to continue its domestic growth, build its skills vertical and take the platform to more developing nations.
The Mumbai-headquartered company said it would use the fresh funds to expand geographically, expand product portfolio and support regulatory clearances.
This round comes not long after it raised a separate $30 million round in August last year from Bertelsmann India Investments, Accel Partners and Sequoia India.
Microsoft chief Satya Nadella addressed industry leaders at the Microsoft Future Decoded: CEO Summit event in Mumbai on Monday and also sat down with Reliance Industries chairman Mukesh Ambani.