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Hyderabad-based company, Goldsikka Limited, on December 3 opened a real-time gold ATM in Hyderabad's Begumpet, allowing ...
09/12/2022

Hyderabad-based company, Goldsikka Limited, on December 3 opened a real-time gold ATM in Hyderabad's Begumpet, allowing customers to buy gold without going to any jewellery stores.

New Delhi-based construction tech startup OnSite has raised $1.5 million in a seed funding round led by Artha Venture Fu...
09/12/2022

New Delhi-based construction tech startup OnSite has raised $1.5 million in a seed funding round led by Artha Venture Fund, Foundamental, and Madhumala Ventures, among others.

Founded by Dheeraj Anand, Akshansh Agarwal, and Sumit Garg, Onsite’s one-stop business solution helps mid-sized construction businesses to manage their business and connect site and office teams. The startup takes a contractor-first view of construction, automating regular tasks to ensure that project operations and finances are in sync.

It leverages technology powered by data analytics capabilities, driving the business towards better cash flow management and higher profits for contractors.

Revenue-based financing platform Klub announced that it has appointed Anuj Berry as an Entrepreneur in Residence. Accord...
09/12/2022

Revenue-based financing platform Klub announced that it has appointed Anuj Berry as an Entrepreneur in Residence. According to the company’s statement, Anuj Berry would be responsible for driving key global initiatives for Klub.

Before joining Klub, Anuj led ‘Amazon Launchpad’ as the Program Leader in Amazon India. Amazon Launchpad is a premium global program that enables startups and emerging brands to build, launch and scale online while accelerating Amazon customers’ access to differentiated, high-potential, cross-category products.

"Digital commerce, today, is in a phase of a massive, disruptive growth story and Klub with its fast and flexible funding is creating a dent in the capital ecosystem. It gives me immense pleasure to join this team and be a part of its mission to innovate and unlock the potential of exponential growth for digital businesses,” said Anuj Berry.

Founded in 2019 by Anurakt Jain and Ish*ta Verma, Klub offers growth capital to digital businesses without founders having to dilute equity in as less as 48 hours. Since its inception, the financing platform has funded over 350+ brands with over 725 investment rounds.


GetSetUp, the world’s fastest-growing virtual social learning platform for older adults, has announced the appointment o...
06/12/2022

GetSetUp, the world’s fastest-growing virtual social learning platform for older adults, has announced the appointment of Ashwini Kapila, an experienced banker and former FIG Head of Barclays, as Managing Director, Business Development and Partnerships for India.
GetSetUp

Beauty brand RENEE Cosmetics has raised $10 million in Series A led by Mensa brands. The round also witnessed participat...
06/12/2022

Beauty brand RENEE Cosmetics has raised $10 million in Series A led by Mensa brands. The round also witnessed participation from the existing investors including Equanimity and 9Unicorns. The brand has raised a total of $11 million till date, including the current round.

Founded by Aashka Goradia Goble along with Beardo co-Founders duo Ashutosh Valani and Priyank Shah, RENEE Cosmetics said it is a cruelty-free beauty brand offering a wide range of eye makeup, lip colours, skin serums and highlighters.
RenéeCosmetics

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TheCodeWork is an MVP-first development company founded by S. Koushik Debroy and Ashish Singh in 2018 with the aim to he...
06/12/2022

TheCodeWork is an MVP-first development company founded by S. Koushik Debroy and Ashish Singh in 2018 with the aim to help early & growth-stage startups overcome obstacles.

The company offers a program that helps entrepreneurs, early-stage startups, and SMEs quickly build products and validate their idea in the market.

Tech being the company’s core competency, It has been promoting and educating every entrepreneur about the Minimum Viable Product or MVP. However, TheCodeWork recently launched what it says to be India’s first-ever zero equity startup ecosystem, with the singular aim of helping early-stage startups overcome all hurdles along the way. The Code Work

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Hospitality firm OYO Rooms has said that it will be firing 600 employees, majorly from tech roles in product and enginee...
05/12/2022

Hospitality firm OYO Rooms has said that it will be firing 600 employees, majorly from tech roles in product and engineering teams, from a total of 3,700 employees, according to a company’s statement.

The layoffs were also in teams that were developing pilots and proof of concepts such as in-app gaming, social content curation and patron-facilitated content.
OYO

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Gamerji, an E-sports tournament platform, has raised $3 million in a pre-Series A funding round from GVFL (formerly Guja...
01/12/2022

Gamerji, an E-sports tournament platform, has raised $3 million in a pre-Series A funding round from GVFL (formerly Gujarat Venture Finance Limited) and existing investor Unicorn India Ventures.

As per the startup, the raised funds will be used to grow the platform in international markets, including West Asia and North Africa, where it launched recently. The Ahmedabad-based startup also plans to enter the Southeast Asia market, starting with Indonesia and the Philippines.
GamerJi

MSME lending platform Aye Finance has raised $10 million of ECB (External Commercial Borrowings) from Swiss-based respon...
01/12/2022

MSME lending platform Aye Finance has raised $10 million of ECB (External Commercial Borrowings) from Swiss-based responsAbility Investments AG.

As per the lending platform, the raised funds will be used to offer business loans to the excluded micro-enterprise sector to support its growth and enable its inclusion into the formal economy.
Aye Finance Pvt Ltd

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Vetic, a tech-enabled chain of pet clinics, has raised $3.7 million in a seed funding round led by angel investor Lachy ...
01/12/2022

Vetic, a tech-enabled chain of pet clinics, has raised $3.7 million in a seed funding round led by angel investor Lachy Groom
Vetic

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Credit card management startup CRED is set to acquire lending-as-a-platform CreditVidya in a mix of cash and stock deal,...
01/12/2022

Credit card management startup CRED is set to acquire lending-as-a-platform CreditVidya in a mix of cash and stock deal, subject to requisite approvals. The acquisition will help CRED expand its credit products’ portfolio, while CreditVidya looks to scale distribution.

This is CRED’s fourth acquisition in the year, following its investments in lending tech Liquiloans and CredAvenue and expense management platform HapPay. Besides, it was also in talks to acquire liquor startup HipBar in a bid to acquire its PPI licence.

According to CRED, CreditVidya will continue to operate independently and its team of 200+ employees will get all the benefits extended to CRED team members, including its ESOP program.
CRED Support

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Conquest’, an eight-week-long accelerator programme run by the students of BITS Pilani, hosted the Demo Day where 16 sho...
01/12/2022

Conquest’, an eight-week-long accelerator programme run by the students of BITS Pilani, hosted the Demo Day where 16 shortlisted startups showcased their pitches in front of industry experts.

Held in Bengaluru, the Demo Day was a culmination of weeks of a rigorous programme where the cohort underwent multiple rounds of pitching, mentoring sessions, and networking opportunities.

The startups pitched in front of a jury of business stalwarts and startup ecosystem enablers, including Chiratae Ventures’ Anoop Menon, CIIE.CO’s Chintan Bakshi, Matrix Partners India’s Kumar Aakash, Lightspeed India’s Manjot Pahwa and TiE’s Paresh Madani.

The program had three tracks — the BITSian track, the Web3 track and the pan-Indian track. The winning startups had a chance to tap into an equity-less potential pool of over INR 35 Lakh from the Conquest team.
Daffodil Health
Scrollify OriginKonnect Debound Platform
Xebra: Collaborative MSME Biz Suite
Neofantasy Platform

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