The Economic Times
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| 26 November, 2020, 01:28 AM IST | E-Paper


    Sonu Sood's Pravasirojgar gets Rs 250 Cr funding from Temasek-backed GoodWorker

    Sood, who helped close to 7.5 lakh migrant workers and families reach their hometowns during the lockdown, had joined hands with education and vocational skills provider firm Schoolnet India to launch in July.

    Unacademy raises funds from Tiger, Dragoneer at $2 billion valuation

    The latest investment comes just two months after Unacademy raised $150 million led by Softbank Vision Fund 2 at a $1.45 billion valuation.

    Edtech startup Yellow Class raises $1.3 million

    The company offers online hobby classes like dancing, drawing, painting, flameless cooking, yoga and storytelling for children between 3-12 years.

    Shipsy secures $6 million in funding from Sequoia Surge, Info Edge

    The startup helps shippers reduce freight costs by automating and digitising freight negotiations, reducing incidental charges, and improving the shipping turnaround time.

    Gurgaon-based startup Grip secures financing from Anicut and Gemba Capital

    Grip Invest provides a lease finance platform where investors can purchase and lease assets to companies, providing them with an additional investment instrument while enabling companies to grow faster by converting capex to opex.

    Cityflo picks up Rs 57 crore in funding led by Lightbox Ventures

    With the new funding, the company plans to increase its daily bookings to 30,000 and add around 400 more buses to its fleet.

    Power Gummies raises bridge round from Agility Venture Partners, DSG Consumer

    The startup plans to utilise the funds for product research, team expansion, and marketing its new products.

    Cars24 becomes India’s latest unicorn, raises $200 million funding
    Space-tech startup Astrogate Labs bags pre-Series A funding

    The funds will enable the company to launch its flight terminals into space and build space heritage in 2021.

    Venture Catalysts invests in algo trading platform AlgoBulls

    The funds would be primarily used for setting up teams across technology and operations divisions and sales and marketing.

    GeoIQ raises first round of funding from 9Unicorns

    9Unicorns, India's first idea-phase accelerator VC fund, led the seed investment in GeoIQ.

    Cars24 raises new funds led by DST Global, valuation hits $1 billion

    The proceeds from the funding round will be used by Cars24 to invest in new business verticals and strengthen its product and technology capabilities.

    Zerodha-backed Rainmatter invests Rs 10 crore in ERPNext

    ERPNext is offered as a hosted cloud solution for businesses with competitive prices.

    Cashfree secures $35 million in Series B funding led by Apis and Y Combinator

    The capital would be used predominantly for enhancing the product and technology as the company looks to scale its business.

    News aggregator Dailyhunt seen reworking structure in the wake of 26% cap

    The investment comes even as the company appears to be restructuring its operations in the wake of the Indian government's requirement that digital media entities need to cap foreign investment at 26% by October 2021.

    AI startup SignalX lands Rs 6 crore funding from 9Unicorns, others

    SignalX hopes to become a go-to platform for risk management professionals for providing financial and legal analysis

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