The funding round also features investors such as Nikhil Kamath of Zerodha, Bollywood actor Suneil Shetty, Vinod Duggar, and Manish Patel among others.
The country's Initial Public Offering (IPO) scene has experienced significant activity over the past few years, marked by a high number of companies going public. The trend seems to be driven by favorable market conditions, conducive regulations, and a growing investor appetite.
Projecthero, a construction tech startup has built a membership-driven professional network for India's construction industry which recently introduced a chat feature in its app to ensure that all communications between workers and contractors take place on the app.
The key to marvel throughout the 'lockdown' of outgoing opportunities is to build and train the team to master the art of 'home ground battle' for tech survival
COVID-19 pandemic and the resultant disruptions have irrevocably altered the technology and digital adoption for consumers, corporates and governments alike.
The Bengaluru-based start-up offers an online consultation platform and has seen teleconsultations grow 5-6 times in the last few weeks owing to the Coronavirus outbreak.
Gurugram-based MaxWholesale said it would use the new funds to hire talent for its tech team and develop the platform's capabilities further. Founded in 2016, the company provides a platform for small retailers discover price and schemes on various fast moving consumer goods brands and source their inventory online.
The two managing partners of Inflexor, Venkat Vallabhaneni and Jatin Desai, have previously co-founded Parampara Capital, another early-stage tech-focused VC firm.
Thirukumaran Nagarajan is 34-years old and the co-founder of Ninjacart. As a hustler who gets bored easily, he says his biggest challenge has been to take a backseat and let people do the job.
At 31, Sai Srinivas has already founded two successful start-ups-Creo and Mobile Premier League, with the latter having 32 million registered users on its platform.
Launched in September last year by Microsoft for Startups programme, the initiative is meant to work closely with local governments to support the start-up ecosystem in each state.