HealthIntel Services (HSPL), which uses a unique online-offline pharmacy model in Northern India, has raised an undisclosed growth capital from BLIP Initiatives. BLIP is a special purpose vehicle and a one-of-its kind accelerator that provides strategic tie-ups as well as funding support, with in…
Start Up India
Giftease launches brand merchandise store for small businesses
Small businesses would want their employees to flaunt their logos, as much as large corporates do. However, getting employees to become brand ambassadors, is often challenging for start-ups and small businesses. Managing a brand merchandise program, which entails sourcing products, customization,…
Lending start-up MoneyTap raises $9m from Sequoia, others
Consumer lending start-up MoneyTap has raised $9 million in a funding round led by Sequoia India. Existing investors NEA and Prime Venture Partners also participated in the round. Founded in 2015 by Bala Parthasarathy, Anuj Kacker and Kunal Varma, the platform provides credit to salaried employee…
CSR platform Goodera secures $5.5m in Series A from Nexus, Omidyar
Bangalore-based Goodera, a global corporate social responsibility & sustainability management technology platform, has raised $5.5 million in a Series A round from Nexus Venture Partners and Omidyar Network, according to a statement. Varsha Rao, previously head of global operations at Airbnb,…
What are the scopes for start-up companies in modern India?
Being merely over 65 years of an independent country, it won’t be entirely wrong to say that India is a young nation. With the drastic changes in the economy, the budding generation of the country has a lot of opportunity to not only establish themselves but also contribute for a holistic develop…
More states join Startup India campaign; Here are the start-up policies of 15 states across India
In order to promote the startup culture in the country the central government had launched the Startup India campaign about a year ago. Now, influenced by the move, state governments have also started promoting the same across the country. While some have set up funds in the states, others are al…
Tech-driven insurance start-up Digit secures Fairfax’s backing
A clutch of senior executives from the e-commerce and insurance space have come together to float Digit, a tech-driven insurance startup, a national daily reported on June 13. Former top-level employees of general insurance company Bajaj Allianz Vijay Kumar, V Philip and Jasleen Kaur; former seni…
Boxx.ai raises $500k from Unicorn India Ventures, angels
Bengaluru-based artificial intelligence-backed analytics startup Boxx.ai has raised $500K funding led by Unicorn India Ventures. Angel investors Venky Krishnakumar (Former COO and CFO, Citibank APAC); Suresh Shankar (Founder and CEO, CrayonData); and Vivek Bhargava (CEO, DAN Performance Group) al…
It’s time for start-ups to move to the next level: NASSCOM
The Indian start-up ecosystem is evolving and it is time for stakeholders to move to the next level and collaborate with the external eco-system, said KS Vishwanathan, Vice President at Nasscom. “It is now time for the companies to move to the next level of mid-stage and growth,” Vish…
Insurance platform Coverfox raises $15 m funding from Transamerica, others
Mumbai-based online insurance brokerage platform Coverfox has reportedly raised about $15 Mn (INR 96 Cr) in Series C round of funding. As per ET sources closer to the development, the round was led by US insurer Transamerica, along with the participation of existing investors. Glibberbug Technolo…