Start-Ups

Ronnie Screwvala-led edtech major upGrad will acquire Gurugram-based edtech platform Talentedge The acquisition will be done in the range of INR 350 Cr-INR 400 Cr. UpGrad, led by Ronnie Screwvala, will acquire Gurugram-based edtech platform Talentedge to strengthen its position in the higher education space.The deal’s value was not disclosed by the company. According to sources, the acquisition will cost between INR 350 Cr and INR 400 Cr. According to an upGrad statement, the company has reached an exclusive agreement to acquire Arrina Education Services, the holding company of Talentedge…

The San Francisco-headquartered startup has raised $50 million in its Series D financing round. Sense focuses on catering to the blue-collar workers and helps firms manage the talent’s entire lifecycle at the firm. Sense, an HR tech startup that assists some of the world’s largest staffing and recruitment agencies in finding and hiring talent on time, increased its valuation to $500 million in a new financing round. The San Francisco-based startup has raised $50 million in its Series D funding round, according to the company. SoftBank Vision Fund 2 led…

Virtual or in Real, we have got you covered with an exciting list of Tech startup events or conclaves happening soon in 2021 & 2022 As a media agency reporting all the latest updates related to startups, we know how challenging it is for budding entrepreneurs to survive. Establishing a startup is not at all a cakewalk. Startup conferences are an excellent way to meet like-minded people, attract investors, and get things going. They’ll open a whole universe of new ideas, offers, and industry pro-tips. Such gatherings are an important…

Turtlemint witnessed a stable financial performance in the financial year 2021 This comes at a time when the company is in talks with New York’s Tiger Global Management to raise a new round Turtlemint, an insuretech platform, has a steady financial performance in fiscal year 2021. The Mumbai-based company increased its operational revenue by 35% to Rs 63 crore in FY21, up from Rs 46.8 crore the previous fiscal year (FY20). Commission and brokerage accounted for Rs 60.36 crore of Turtlemint’s total operating income in FY21, accounting for 96 percent of…

The company’s operating revenue dwindled 4% to Rs 24.30 crore in FY21 Niyo’s expenses were also reduced by 4% to Rs 112.22 crore in FY21 from Rs 117.19 crore in FY20.  Neobanking startup Niyo, one of the first movers in India’s customer-focused neo banking industry with a focus on the blue-collar group is yet to hit critical scale despite its early mover advantage. Niyo’s revenue increase in its fifth fiscal year (FY21) has been negative. The company’s operating revenue fell 4% to Rs 24.30 crore in FY21, down from Rs 25.32…

Zoho to enter the booming e-learning market. TrainerCentral will look at entering the enterprise segment but as of now, the focus is entirely on small, individual trainers and training companies.  Zoho Corp. has launched TrainerCentral, a collaborative e-learning platform designed to capitalize on the booming e-learning market. Aarthi Elizabeth, the new business division’s chief brand evangelist, confirmed the news. Chennai-headquartered Zoho is the parent company of technology brands like ManageEngine, Zoho, and Qntrl, as well as TrainerCentral, which will provide knowledge creators, solopreneurs, and experts from all fields with a…

Credit card platform Slice, has raised $220 million in Series B round. The fund will be utilized for onboarding users, hiring, and development of new products. Credit card platform Slice, has raised $220 million from Tiger Global and Insight Partners in a Series B round. Sunley House Capital of Advent International, Moore Strategic Ventures, Anfa, Gunosy, Blume Ventures, and 8i were among the existing investors in the round. According to Slice, the new funds are valued at more than $1 billion. In 2021, the company will join the ranks of…

SaaS startup Toplyne is in talks to raise a new round led by Tiger Global Management. Toplyne is a plug-and-play platform that enables sales teams at PLG (product-led growth) companies to boost their freemium user conversion rates. The funding binge is still going on asv SaaS firm Toplyne is in discussions to raise a new round led by Tiger Global Management. This comes just weeks after the Bengaluru-based startup raised $2.5 million in its first round of fundraising from Sequoia’s Surge, Together Fund, and other investors. “Tiger Global is in…