90+ My Tuition app to hire 3000 people in FY 2023 The App has witnessed a rise in its user base recently. 90+ edtech startup to support its growth and expansion plans within India, My Tuition App said on Monday that it will hire more than 3,000 people across the country the first quarter of 2022-23. The start-up said in a statement that with the debut of the 13 State Education Boards and CBSE curriculum on its app, it has seen a jump in its user base. The recruitment will…
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BharatX secures $250k pre-seed capital
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…
Read MoreSachin Tendulakr joins spinny as strategic investor
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…
Read MoreFlipkart invests $145 mn in agritech startup ‘Ninjacart’
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…
Read MoreKindlife.in acquires funds from the new round led by Kalaari Capital
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….
Read MorePickrr Technologies raises $4 million in funding led by Guild Capital
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…
Read MoreTesla supported Starlink to provide internet services in India soon
Elon Musk’s satellite internet company Starlink will soon start providing Internet services in India. Tesla will apply for a commercial licence in India to provide broadband internet services to the users in India. Starlink, Elon Musk’s satellite internet company, will begin providing Internet services in India soon. The Tesla-backed company will apply for a commercial licence in India to provide users with high-speed internet access. The statement comes only days after the Indian government’s Department of Telecommunications, Ministry of Communications, told Starlink that it needed to secure the necessary approval…
Read MoreCentre to host innovation week in January 2022 for startups
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…
Read MoreGrofers rebrands as Blinkit
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…
Read MoreKapil Dev invested in Harmonizer India’s AI & ML focused technology solutions
Dev has been investing in the startups’ space since 2015. His bets include grocer peopleeasy.com, Samco Ventures, online market network Wizcounsel. Former cricketer Kapil Dev has invested an unknown amount in power sector-focused technology business Harmonizer India. The former pacer and World Cup-winning captain would be holding an undisclosed stake in the company’s artificial intelligence, machine learning and internet of things (IoT)-focused energy saving solutions technology, as per a statement. According to sources, Dev has been investing in startups since 2015, and his investments include grocer peopleeasy.com, Samco Ventures, online…
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