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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102633) | |
22161. नया निवेश:रेजर-पे को मिला 731 करोड़ रुपए का निवेश, देश की पांचवीं फिनटेक यूनिकॉर्न बनी कंपनी
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
Hindi
India
Dainik Bhaskar
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- अनअकेडमी, पोस्टमैन, नाइका और जिरोधा भी इस साल यूनिकॉर्न क्लब में शामिल हो गई हैं भारत में रेजर-पे के अलावा 35 से अधिक स्टार्टअप यूनिकॉर्न हैं
- पेमेंट गेटवे कंपनी रेजर-पे ने निवेशकों से 10 करोड़ डॉलर यानी 731 करोड़ रुपए जुटाए हैं। इसमें सिंगापुर के सॉवरेन वेल्थ फंड जीआईसी तथा सिकोया कैपिटल इंडिया सहित अन्य निवेशक शामिल हैं। नए निवेश के बाद कंपनी का मार्केट वैल्यूएशन एक अरब डॉलर से अधिक आंकी गई है। रेजर-पे में निवेश की जानकारी कंपनी ने सोमवार को दी।
- कंपनी में कुल 1300 कर्मचारी कार्यरत हैं। जो नियो-बैंकिंग बिजनेस रेजरपे-एक्स और लेंडिंग बिजनेस रेजर-पे कैपिटल के लिए काम कर रहे हैं। इन दोनों को 2018 में लॉन्च किया गया था। रेजर-पे कैपिटल प्रत्येक महीने 250 करोड़ रुपए का कर्ज वितरित करती है। इसमें 7 से 10 रुपए का कर्ज 3-6 महीने की अवधि के लिए दिया जाता है।
22162. [Startup Bharat] Meet Twelfth Man, India's first fantasy football app promoted by Sunil Chhetri
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Ahmedabad-based startup NxGn Sports Interactive runs Twelfth Man, a football-only fantasy gaming platform. Riding on the brand appeal of India’s football captain Sunil Chhetri, it got three lakh users in nine months.
- When Boston University graduate Kush Desai returned to India in May 2019, fantasy gaming was hot property. India had just got its first gaming unicorn in Dream11, the 12th season of the IPL was a roaring success, and online gaming was one of the fastest-growing segments of consumer internet.
- I’ve been playing fantasy football since Class 8 or 9, and had an idea of what a platform should look like. The goal was to help grow the football fan-culture in India as fantasy gaming was picking up
22163. [Funding alert] Ultraviolette Automotive raises from GoFrugal Technologies as part of ongoing Series B round
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
English
India
Your Story
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- Earlier in September 2020, Ultraviolette Automotive raised Rs 30 crore by the leading two-wheeler and three-wheeler manufacturer TVS Motor Company, as a part of its ongoing Series B funding.
- Bengaluru-based startup Ultraviolette Automotive on Monday announced that it has raised an undisclosed amount as part of its ongoing Series B round led by Kumar Vembu, CEO of GoFrugal Technologies.
- Earlier in September 2020, Ultraviolette Automotive raised Rs 30 crore by the leading two-wheeler and three-wheeler manufacturer TVS Motor Company, as a part of its ongoing Series B funding.
- At Ultraviolette Automotive, our ambition has always been to create a visible and tangible impact in the personal mobility industry, by developing products and solutions that are indigenously built, technologically disruptive and that reflects the unlimited potential for innovation across every aspect of design engineering
22164. [Funding alert] BASIC Home Loan raises $500K in seed round from Picus Capital
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
Germany
Your Story
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- With support from Picus Capital's funds and ecosystem, the Gurugram-based startup’s focus will be on changing the way Bharat (India) finances its affordable homes.
- BASIC Home Loan, a Gurugram-based startup developing a platform for automating home loans for middle and low-income households in India, has raised a $500,000 Seed round from Picus Capital, a Germany-based early-stage technology investment firm.
- Founded in 2020, BASIC Home Loan's vision is to digitise the home loans process and increase affordable loans penetration for mid-and low-income households in India. It aims to use the 'Phygital' approach in creating a network of agents who utilize its technology in handholding consumers, from 'research' to 'final disbursement' of home loans.
22165. [Funding alert] GetVantage raises $5M in seed round led by Chiratae Ventures and Dream Incubator
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
English
Maharashtra
Your Story
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- GetVantage, a fintech platform pioneering revenue-based financing, will use the funding to empower India’s young ecommerce brands and burgeoning D2C sector and help them achieve their scale and profitability targets sustainably.
- GetVantage, a Mumbai-based fintech platform pioneering revenue-based financing (RBF) for ecommerce and online businesses across India and Southeast Asia, on Tuesday announced that it had raised $5 million in a seed round.
- GetVantage’s portfolio includes brands across ecommerce and direct-to-consumer (DTC) categories, including edtech, e-learning, B2B SaaS and subscription-based services, personal care, home care, health foods, and fashion and apparel.
22166. Why these serial entrepreneurs chose to found a startup in the talent and recruitment space
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- The Turning Point is a series of short articles that focuses on the moment when an entrepreneur hits upon their winning idea. Today, we look at Jaipur-based startup OLE Rooms, which allows one to rent flats, paying guest houses, etc., for a day to over a year.
- As entrepreneurs who have built and grown our own teams, we have faced this challenge of hiring top talent within our teams,” explains Vikram. This led them to start Talent500 in Bengaluru in 2018.
- AI-based matching: It identifies candidates who are best-fit for jobs based on hundreds of parameters from our years of experience of understanding “ideal profiles”. The startup says that the tool currently shows 80 percent accuracy.
22167. [Funding Alert] Teachmint raises $3.5M from Lightspeed India, existing investors
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
English
India
Your Story
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- Teachmint, the live online tutoring platform, has raised $3.5 million from Lightspeed India, along with existing investors Better Capital and Titan Capital.
- Teachmint, the live online teaching platform, has raised $3.5 million seed funding led by Lightspeed India. Existing investors Better Capital and Titan Capital also participated in this funding round. Teachmint had raised its first round of funding in August 2020.
- “Teachers are at the centre of a great education experience, and this is what will truly unleash the power of edtech. Our mission is to enable millions of outstanding tutors in India to take their classes online by leveraging Teachmint as their tech backbone. We are thrilled to partner with Lightspeed and our existing investors to continue to ramp up access for tutors across the country and beyond”.
22168. Teachmint gets $3.5 million in seed funding led by Lightspeed India
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
English
India
The Economic Times
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- Bengaluru Launched in May, the Bengaluru-based company said it has more than 120,000 tutors spread across 1,000 cities on its platform.
- Teachmint oers a mobile and video-rst solution to oline tutors to take classes online, along with tools to evaluate student performance and other workows
- “Our mission is to enable millions of outstanding tutors in India to take their classes online by leveraging Teachmint as their tech backbone,” said cofounder and CEO Mihir Gupta
22169. [The Turning Point] How a medical emergency pushed this 18-year-old entrepreneur to launch a co-living startup
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Fintech The Turning Point is a series of short articles that focuses on the moment when an entrepreneur hits upon their winning idea. Today, we look at Jaipur-based startup OLE Rooms, which allows one to rent flats, paying guest houses, etc., for a day to over a year.
- Started in 2018, OLE Rooms is an online marketplace for renting flats, paying guest houses, and hostels without brokerage for as low as Rs 199 a day. The startup claims to have catered to more than 2,300 customers, and is now at a growth stage.
- “We started with one hostel and now we have more than 4,000 hostels, PG rooms, and flats on our platform,” says the Founder and CEO of OLE, an abbreviation for “own linking to entire”.
22170. UP industrial development authorities attract Rs 6,700 cr investment in 6 months
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
Uttar Pradesh
Financial Express
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- for consumer electronics in Noida/ Greater Noida, Rs 300 crore for footwear manufacturing by Von Wellix (Germany) in Yamuna Expressway Authority, and Rs 953 crore by Surya Global Flexi Films for a POPP, BOPET, metalised films production plant.
- The government is also in talks with Maq Software (US) for an investment of Rs 200 crore in software development,
- Ekagrata (Canada) for Rs 746 crore in grain infrastructure equipment, Edison Motors (South Korea) for an investment of Rs 750 crore in electric vehicles Yazaki (Japan) for Rs 2,000 crore in wiring harness and components