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startup funding

Mumbai-based blockchain startup Nuo Bank has raised $250,000 ( ~ ₹1.6 crore) in a seed funding from payment gateway firm PayU India’s chief executive officer Amrish Rau and managing director Jitendra Gupta, reported Economics Times.Founded, this year only, by Varun Deshpande, Ratnesh Ray and...

In 2016, startup funding in India was dropped by 50% from 2015 while Mumbai startups saw 44% drop in funding deals in the same year and in 2017 early-stage startup funding shrunk sharply -- these were some of the reports...

India's mobile handset manufacturer Micromax has invested in an artificial intelligence-enabled Chatbot startup 'One Labs', which has developed chat bot like Apple's Siri and Google Assistant. The amount of investment has not been disclosed however.With this, Micromax Informatics -- the world’s 10th largest handset maker -- will bring...

Just over a month after online grocer BigBasket raised $300 million funding from Alibaba, another homegrown online grocer Grofers has finally managed to raise $65 million (~ Rs.400 crore) in a fresh Series E funding round led by Japanese conglomerate SoftBank Group. The funding came after...

Healofy, a women-centric, multilingual parenting social network today announced that it has raised USD 1 million from Omidyar Network as part of their seed round, announced the company in a press release.The company had previously raised funds from Anupam Mittal, founder of Shaadi.com and Jitendra Gupta, founder of Citrus...

Gurgaon-based Doubtnut, a multi lingual online learning platform for students today announced that it has raised a pre-series A round amounting to ₹3.5 crore led by WaterBridge Ventures with participation from Omidyar Network. The startup plans to use the capital to expand its platform, add more...

1Crowd, an India based early stage investment firm and startup ecosystem, has announced the first close of its debut venture capital fund at INR 23 crore (USD 3.5 million). The firm’s interests span across investments from the seed to pre Series A spectrum, incubation programs and virtual acceleration programs.1Crowd...

Delhi-based SaaS startup Anaek, which develops chatbots, has raised an undisclosed amount in seed funding from Matrix Partners India, reported Live Mint.The startup hasn't disclosed the amount of funding raised however a LiveMint report said the Anaek had raised roughly $1 million, citing a person familiar with the...

Bengaluru-based DNA diagnostic and screening startup MedGenome Labs today announced a USD 10 million capital infusion from HDFC and its subsidiaries HDFC Life and HDFC Asset Management Company, completing its $40 million Series C round of funding.The startup which is backed by Kris Gopalakrishnan and former Cognizant CEO...

Bengaluru-based online furniture retailer Urban Ladder raised $12 million from investors Kalaari Capital, SAIF Partners, Sequoia Capital and Steadview Capital, in its second internal round of funding, announced the startup yesterday.The freshly raised funds will be used by Urban Ladder to focus on an omni-channel strategy by opening branded...