Wealthtech startup Stable Money has raised Rs 123 crore ($15 million) in a fresh funding round from RTP Capital, Lightspeed India and Matrix Partners. It has completed the second funding round within a year despite a challenging funding environment. The board approved the issuance of 77,135 CCPS at a price of Rs 16,019 per share….
With a fresh round of funding from gaming-focused venture capital firm Lumikai, Bengaluru-based Mayhem Studios has accomplished a noteworthy triumph. The company intends to use the extra cash to expand its workforce, develop its technological capabilities, and raise the calibre of its games. Dedicated to creating well-liked mobile games that captivate players with compelling storytelling…
Leap Finance, a fin-tech startup which helps Indian students to pursue education abroad, is looking to raise $70-100 million in its Series E round. This round is happening almost after two-years since its last Series D round happened. The company has attracted the interest of many investors and with this funding, it is preparing to…
CloudKeeper an efficient cloud cost optimization solution service provider has been acquired by an AI platform WiseOps that identifies opportunities to cut the cloud bill for businesses. Launched in 2019, WiseOps has already shown how it can help achieve substantial savings; more to the point, its technology is highly relevant to CloudKeeper’s objectives. With this…
Telehealth Startup based in New Delhi Visit Health, as received a mammoth funding of $30 million. The money will be available to turbocharge its expansion and deepen the relationship with wellness platform TatvaCare. This is not the first time Visit Health is venturing into a market. This, the firm that provides customizable wellness and other…
All-rounder Hardik Pandya has partnered with FanCode Shop to launch his own performance wear range, marking his foray into the world of startups. Under this exclusive licensing deal, FanCode will design, manufacture and market the products, and work on a revenue-sharing model. The initial product lineup includes T-shirts, vests, polos, shorts and jackets, priced between…
Introduction Unacademy, a pioneering ed-tech startup in India, was founded in 2015 by Gaurav Munjal, Roman Saini, and Hemesh Singh. What began as a humble YouTube channel offering educational content soon transformed into a comprehensive online learning platform, aiming to democratize education by providing high-quality resources to everyone, irrespective of their geographical location. Over time,…
Sick of unexciting razors and uncomfortable skin? You’re not alone. In the same vein, Shantanu, who had conceived the idea of going big with BSC, felt the same pinch. But instead of moaning about it, he turned it into a business opportunity and became highly paid because of it. For Bombay shaving company it was…
Nykaa, affiliated with the internet fashion and beauty retail platform, is raising 125 crore rupees (nearly 15 million dollars) through non-convertible debentures. The Nykaa board has approved issuing around 12,500 non-convertible debentures at an issue price of 100,000 rupees each to raise 125 crore rupees on a private placement basis in dematerialized form, as…
PhonePe, a Bengaluru based fintech start-up has introduced a credit line feature on the unified payments interface or UPI. This new function enables the consumers to avail the small ticket credit facilities right through the UPI payments. Also, the merchants can now allow the customers to make payment through credit on the payment gateway of…
