Logistics unicorn Delhivery raises $125 Mn from Lee Fixel’s Addition on September 24th. This round comes right after the $100 Mn from FedEx Express, and $275 Mn from Fidelity Management. This round concludes as the final one before filing a DRHP with the market regulator. Background What began in 2011
Quotes & Commentary: Mr.Ramanan Ramanathan, Former (First) Mission Director Atal Innovation Mission. The entrepreneurs need to implementation their innovation in 8000+ Tier 2, Tier 3 cities, smaller town & villages, not just the 8 Tier 1 cities for which most startups build solutions. Mr.BV Naidu,
Sreedhar Peddineni’s Hyderabad-based Startup GTM Buddy raises $2 Mn in a seed funding round. The funds raised will go towards enhancing product capabilities and hiring talent across various verticals. The Story Founded by serial entrepreneur Sreedhar Peddineni, Chandramani Tiwary, Santa Thounaojam, & Sundar Vellaichamy in 2020, GTM Buddy is a
Crypto Startup CoinDCX enters Unicorn Club with a $90 Mn Raise at a $1.1 Billion Valuation. It is the first Indian cryptocurrency startup to attain that status! Although the Indian cryptocurrency environment remains tumultuous, CoinDCX, a Mumbai-based company, raised $90 Million in its Series C funding round. The round was
Bikayi, a Hyderabad Startup that is a Whatsapp-enabled e-commerce platform for Small-Medium businesses raised $10.8 Million in its Series A round led by Sequoia Capital India. The Hyderabad-based startup plans to use this capital towards product development, talent hiring & acquisitions. Bikayi raised $2 Million from Y-Combinator in its seed
Entering into the health-tech sector, SucSEED Indovation Fund led a seed funding round for an undisclosed amount to Bangalore-based Ayurvedic wellness startup, AyuRythm on August 4, 2021, with participation from several other angel investors. Ayurveda & Yoga have been an integral part of Indian history and culture. The onset of