FutureTech

Virohan, a healthcare edtech startup, has secured $1.3 million in a bridge round from existing investors including Keiretsu Forum, Priya Shah, Better Capital, Vikas Gambhir, and Joydeep Battacharya. According to Virohan, the funds will be used to grow into new regions across India, develop newer training programs, content in vernacular languages, and advance their technical capabilities. The latest funds increase Virohan’s total funding to $4.3 million since its inception, including a series A round announced in May 2021 with participation from Rebright Partners. In addition, the company is in negotiations…

Edtech startup Adda 247 focusing on government test preparation is in advanced stage discussions to secure $20 million from a new and existing investor According to two sources familiar with the deal. Adda247 was on the lookout for a fresh round. The Gurugram-based company was also in negotiations with edtech giant Unacademy about a possible acquisition. However, the agreement has fallen through for reasons unknown. “Westbridge is in late-stage conversations to lead the fresh round while existing investor Info Edge has already committed a significant chunk,” said one of the…

Zerodha, a stockbroking application, is making this Diwali extra memorable for its employees by0 launching a new employee stock options (ESOP) plan. With this announcement, the company joins the ranks of several early-stage companies, including Paytm, Swiggy, and Rivigo, among others, that have either expanded or created a new ESOPs pool. With 6 million users, Zerodha is India’s largest stockbroking app for retail trades. According to regulatory filings with the Registrar of Companies, the Bengaluru-based company has allocated 7,00,000 options under its new ESOPs Plan 2021. (RoC). As per Fintrackr’s…