Photo: LinkedIn

Agri-Tech Startup Poshn Raises Rs 28.8 Crore In Seed Funding

Poshn, an agri-tech startup, has raised a whopping Rs 28.8 crore in seed funding. Poshn is a platform for bulk processed commodities. Shashank Singh, the co-founder of Poshn, shared, "We see a huge opportunity in the processed agri space. We are delighted to partner with Prime and Zephyr in this journey". Poshn has witnessed a growth of up to 20 times in the past eight months, reported ANI.

Thu, 28 Apr 2022 - 09:01 AM / by Varun Das

Tags: Start-up, business, funding, fundraising, Seed Funding

Courtesy: ANI


Photo: GoPaani

Indore-Based Software Company Raises Seed Funding Round From Angel Investors

Indore-based software company GoPaani has raised seed funding of USD 600,000 from early-stage venture capital firm 3one4 Capital and a number of angel investors. Ankit Ranka, the co-founder of GoPaani, noted, “We started GoPaani to solve the problems faced by over 1.2 million water delivery businesses in India like product loss, billing issues, poor customer service... we plan to focus on water delivery businesses."

Wed, 27 Apr 2022 - 09:00 AM / by Varun Das

Tags: business, Investment, funding, Angel Investors, Software Company

Courtesy: The Economic Times

RUNO Company

Photo: CIOL

Runo Raises $5,00,000 In Funding Led By Unicorn India Ventures

A call management CRM Runo, raised $5,00,000 in a funding round, led by Unicorn India Ventures. As per reports, Runo plans to invest funds for the product roadmap and expand to the Middle East, SEA, and US markets. ''The business model doesn’t need huge marketing spends and their growth curve shows immense potential,” said UIV's member. The company is serving 300+ clients, particularly SMEs, including sectors like Automobile and Edutech.

Fri, 11 Feb 2022 - 05:50 PM / by Shaloo Priya

Tags: India, Startups, business, funding, RUNO

Courtesy: Economic Times

Oben EV

Photo: TechRadar

Indian EV Startup Oben Electric Raises $ 1 Mn

Electric vehicle start-up Oben Electric, on January 25, said that they raised $ 1 million in funding from investors. The money was raised in December 2021 led by We Founders Circle (WFC). The start-up will reportedly use the funding to enhance its business capacity, set up a bigger manufacturing infrastructure, and strengthen distribution plans. The whole process from designing to manufacturing, is done in-house with Indian components, stated… read-more

Tue, 25 Jan 2022 - 09:10 PM / by Shaloo Priya

Tags: Automobile, Startup India, Oben, funding, investors

Courtesy: The Economic Times

Electric Vehicle

Photo: Inc42

Indian Startup Mints $28 Mn In Seed Funding To Manufacture Electric Vehicles

Electric Vehicle Indian Startup EVage has raised a whopping sum of $28 Million in seed funding from RedBlue Capital. It aims to supply Electric Vehicles to Indian logistics companies. The company will produce automobiles in leveraging proprietary hardware and 'Modular micro-manufacturing' factories. It will use the funding to complete its 'production-ready' factory outside Delhi and boost up production. Reportedly, EV sales accounted for 1.3… read-more

Sat, 15 Jan 2022 - 09:00 AM / by Shaloo Priya

Tags: Electric Vehicles, Indian Startups, EVage, funding, Automobile

Courtesy: Inc42


Photo: The Financial Express

Delivery Startup Dunzo Raises $240 Mn Funding; Reliance Retail Tops

Dunzo, a Bengaluru-based hyperlocal delivery startup, said that it raised $240 million in the latest round of funding. Reportedly, Mukesh Ambani's Reliance Retail topped among the investors by acquiring a 25.8% stake in the startup. Reportedly, the funding will help it to ramp its game against competitors. ''Dunzo is planning an initial public offering (IPO) in the next three years,'' informed Kabir Biswas, co-founder, and CEO of Dunzo. 

Fri, 07 Jan 2022 - 09:43 PM / by Brijesh Goswami

Tags: Dunzo, Startup, Reliance Retail, funding, bengaluru

Courtesy: Startup Story

Honasa logo

Photo: The Financial Express

Honasa Raises $52 Million, Becomes 1st Indian Unicron of 2022

Honasa, a Digital-first consumer brands platform, raised $52 million from investors such as Sequoia and Sofina Ventures SA. Reportedly, the funding made it the first company to become an Indian Unicron of 2022. Honasa also owns personal care brands namely Mamaearth and The Derma Co. ''We are confident that we have the expertise to build brands with a millennial connect,'' said Varun Alagh, Co-founder and CEO, Honasa. 

Tue, 04 Jan 2022 - 09:20 AM / by Brijesh Goswami

Tags: Honasa, Unicron, Mamaearth, India, funding

Courtesy: Zee News

Fydo founders

Photo: Startup Story

Fydo Gets Funding From Angel Investors

Fydo, an Indian startup, received funding from Karakeba ventures, India Accelerator, including some famous angels from Godrej and ICICI Bank, according to Startup Story. Fydo is a platform that provides information to users about festive and seasonal sales from nearby malls and shops, benefiting local manufactures, shopkeepers. The startup launched by Satyajeet Patnayak and Dharam Chand Patnaik is currently available in seven cities… read-more

Fri, 24 Dec 2021 - 08:56 PM / by Brijesh Goswami

Tags: Fydo, Startup, Lfyd, Angel Investors, funding

Courtesy: Startup Story


Photo: Hindustan Times

Aadhar-EPF Linking Made Mandatory From September

Employee Provident Fund account holders should link their Aadhar card with the PF accounts by August 31, after which the link will stop the users from making contributions to their accounts. The Funding regulator has also instructed the employees to get the Universal Account Number of all EFP account holders. Notably, the last date was May 30 but EPFO has extended the date to link Aadhar card.

Sat, 28 Aug 2021 - 01:41 PM / by Ettishree Shukla

Tags: Aadhar Card, Provident Fund, funding, Delhi Government

Courtesy: Live Mint

The Indian Startups

Photo: The Second Angle

Indian Startups Shun Chinese Investors To Become 'Self-Reliant'

The Indian tech start-ups are avoiding Chinese investors as Indian investors along with other foreign firms lend a helping hand to fund the homegrown firms. Reportedly, in Q1 of 2021 investors have funded around $11 billion into the Indian tech start-ups, in more than 600 deals. In terms of investing top dollars, the US-based investment firm Tiger Global is leading the show. Currently, India has more than 52 unicorns.  

Mon, 26 Jul 2021 - 08:32 PM / by Balaji L

Tags: Indian Startups, funding, Chinese, investors

Courtesy: Business Standard