Start-Ups

BharatX, a fintech platform, has raised $250k in a pre-seed round sponsored by Java Capital and LetsVenture. Anupam Mittal, Ritesh Jain, Faiz Mayalakkara, and Amit Kumar Singh were among the angels who took part in the round. The company was also a member of the 2021 Lightspeed Extreme Entrepreneurs Cohort. BharatX, founded in 2019 by Mehul Nath Jindal, Eeshan Sharma, Shyam Murugan, and Siddharth Venu, is a white label provider of embedded credit experiences on consumer facing platforms in India. With BharatX technology, the company also offers pay later for…

Spinny recently became a Unicorn with the closing of a $283 million Series-E round of funding The company said it has chosen to work with the universal role model who stands for performance, resilience, and continuous improvement. Former indian cricketer Sachin Tendulkar has joined Spinny, a pre-owned automobile retailing platform, as a strategic investor and lead brand endorser, the startup announced on Tuesday. However, Tendulkar’s investment in the company  was not disclosed by Spinny. Spinny has become a Unicorn after closing a $283 million Series-E round of fundraising, bringing the platform’s…

As India’s e-grocery market grows, Walmart-owned Flipkart announced on Monday that it will invest $145 million in agritech startup Ninjacart, which has helped over 1,00,000 farmers in 150 areas increase their revenue. The third round of financing will empower millions of agri-value chain participants, including farmers, resellers, retailers, consumers, and supply chain participants. According to the company, the third round of financing will empower millions of agri-value chain participants, including farmers, resellers, retailers, consumers, and supply chain participants. Over the last two years, Ninjacart has made major investments in technology…

kindlife.in, an online marketplace for new age beauty and wellness products revealed that it has acquired funds in its seed round from Kalaari Capital and other famous angel investors on 13th December. The amount of capital raised in this round of funding was not disclosed by the startup, which was created by internet entrepreneur Radhika Ghai. According to a press release from kindlife.in, the financing was led by Kalaari Capital as part of their “CXXO initiative.” The goal of the project is to level the playing field for Indian female founder-CEOs….

Pickr is an AI enabled and cloud based platform. Pickrr will use the investment to continue its market expansion and product development Pickrr Technologies, a logistics tech startup, announced on Tuesday that it has raised $4 million (about Rs 29.4 crore) in funding from Guild Capital and Omidyar Network India. Pickrr’s first institutional fundraising comes after the company was bootstrapped by its founders with the help of angel investors, according to a statement. Pickrr plans to utilise the funds to expand its market and develop new products, according to the company. Dexter…

The ‘innovation week’ event will assist startups in gaining market access and securing capital investment. The Centre will host a first-of-its-kind innovation week to promote India’s startup ecosystem in january 2022. The Department for Promotion of Industry and Internal Trade (DPIIT) is hosting the event as part of the ‘Azadi ka Amrit Mahotsav,’ which honors India’s innovation ecosystem. It will also be the 6th anniversary of the start of the ‘Startup India’ project. The goal of the innovation week is to bring together India’s top startups, entrepreneurs, investors, policymakers, and…

The rebranding indicates its focus on quick commerce space.  The rebranding comes months after the Albinder Dhindsa-led company launched an initiative to deliver groceries in 10 minutes Grofers, an online grocery startup, has changed its name to Blinkit to emphasize its focus on India’s fast-growing quick commerce market. “We learnt a lot as Grofers, and all our learnings, our team, and our infrastructure is being repurposed to pivot to something with staggering product-market fit — quick commerce, the company said in a blogpost Monday. “Today, we are surging ahead as…

This deal will help Delhivery strengthen its capabilities in a wide range of applications Delhivery claims to have successfully fulfilled over one billion shipments since inception  IPO-bound Delhivery has acquired Transition Robotics Inc, a California-based company focused on developing unmanned aerial system platforms. This agreement will assist Delhivery in strengthening its capabilities in a variety of applications such as aerial photography, remote sensing, inspection, and surveys. Transition Robotics, founded in 2011 in Santa Cruz, has focused on bringing vertical-takeoff unmanned aerial systems with advanced flight capabilities to market. It has…