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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102271) | |
22411. Investment startup Groww raises $30 million from YC Continuity, others
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
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India
Moneycontrol
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- Bengaluru-based investment platform Groww has raised $30 million in its series C round, led by YC Continuity. This round also saw the participation of existing investors Sequoia India, Ribbit Capital and Propel Ventures.
- YC Continuity is a fund which invests in Y Combinator-backed startups to help them scale up in their subsequent rounds. This is its first investment in India.
- YCombinator is an American seed investor. YC Continuity is a separate entity within YC which invests in growth phase startups.
22412. [Startup Bharat] How this online grocery delivery service in Jammu takes products from the valley across the country
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Startups in Bharat
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- 1. In October 2020, Ashish teamed up with two of his friends and started Jammu Basket.
- 2. a startup for local grocery delivery and taking indigenous products from Jammu and shipping it across the country.
- 3. The number of orders increased when people were forced to order online due to the pandemic-induced lockdowns.
- 4. The firm claims it earned between Rs 1-2 lakh in sales in the first month, but more than six months later, in April 2021 when the second wave was on the rise, Jammu Basket’s turnover was between Rs 10 lakhs and Rs 15 lakhs.
22413. [Startup Bharat] This Goa startup helps sellers manage, grow ecommerce businesses from a single dashboard
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Startups in Bharat
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- 1. Browntape’s software streamlines backend processes for retail brands and online sellers so they can manage their inventory and orders across marketplaces and website engines such as Amazon, Flipkart, Myntra, Magento, and Shopify from a single panel.
- 2. With Browntape, there is no need to log into each ecommerce website separately.
- 3. handle inventory management, order management, warehouse management (WMS), shipping/courier management, payment management, purchase management, reports – all on one dashboard.
22414. भाई-बहन की जोड़ी ने शुरू किया ऐसा किड्सवियर ब्रांड, जिसे लड़का-लड़की दोनों पहन सकते हैं
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Startups in Bharat
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India
Your Story
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- 1. "कडल्स फॉर कब्स (Cuddles for Cubs) बच्चों के लिए मुंबई स्थित लिंग-तटस्थ यानी जेंडर-न्यूट्रल कपड़ों का ब्रांड है।
- 2. मई 2021 में लॉन्च होने के बाद से, हमारी 10 सदस्यीय टीम वर्तमान में गुजरात, ओडिशा, तमिलनाडु, महाराष्ट्र, दिल्ली-एनसीआर और केरल से रिमोटली (घर से) काम कर रही है।
- 3. बूटस्ट्रैप्ड स्टार्टअप का औसत बास्केट साइज 1,200 रुपये है, और उसने 2.5 महीनों में 1,600 से अधिक ऑर्डर डिलीवर किए हैं।
22415. Indian startups, Jio help Facebook, Amazon, Microsoft, Google, Apple set funding record amid Covid
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
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India
Financial Express
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- The overall 2020 funding by Facebook, Amazon, Microsoft, Google, and Apple globally stood at $16.7 billion across 22 deals surpassing $7.6 billion investment in 2019, making 2020 a record year despite the Coronavirus outbreak.
- The overall 2020 funding stood at $16.7 billion across 22 deals surpassing $7.6 billion investment in 2019, making 2020 “a record year despite the Coronavirus outbreak,” the report said.
- The World Health Organization had declared the outbreak a global pandemic on March 11, 2020. Out of the total investment, 44 per cent was made by the five tech companies in the US, followed by 33 per cent in India, 11 per cent in the UK and another 11 per cent in other geographies between March 11 and September 2, 2020.
22416. भारतीय स्टार्टअप कंपनियों ने जून तिमाही में जुटाया 6.5 अरब डॉलर का निवेश: रिपोर्ट
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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- 1. देश की स्टार्टअप कंपनियों को चालू कैलेंडर वर्ष की अप्रैल-जून तिमाही में 6.5 अरब डॉलर का निवेश मिला है। वहीं 11 स्टार्टअप इकाइयां प्रतिष्ठित यूनिकॉर्न क्लब में शामिल हो गई हैं।
- 2. यूनिकॉर्न से तात्पर्य एक अरब डॉलर से अधिक के मूल्यांकन से है। नास्कॉम-पीजीए लैब्स की एक रिपोर्ट में यह जानकारी दी गई है।
- 3. कोविड-19 की दूसरी लहर के दौरान भारतीय स्टार्टअप पारिस्थितिकी तंत्र ने अपनी जुझारू क्षमता का परिचय दिया है
- 4. लॉकडाउन अंकुशों में ढील के बाद आगे की छमाही में भी सौदों के हिसाब से भारतीय बाजार की स्थिति बेहतर नजर आ रही है।
22417. [Funding alert] Risk management startup SignalX secures $750K investment from 3Lines Venture Capital
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
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- Hyderabad-based AI-powered governance risk management and compliance startup SignalX on Monday said it has raised $750,000 in investment in a funding round led by 3Lines Venture Capital, a US-based early-stage VC.
- According to a statement by the startup, Rajiv Roy, Venture Partner at 3Lines, will join the SignalX Board of Directors. Founded by Govind Balachandran in 2018, SignalX offers an AI-powered SaaS platform for corporate risk and due diligence for a comprehensive financial, legal, regulatory, and reputational risk analysis on any given target company.
- Earlier, in 2020, SignalX was among the top three startups from Telengana that were selected for Microsoft’s initiative ‘Highway to a Hundred Unicorns.’
22418. Dream11 parent secures $225 million in fresh funding
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
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The Economic Times
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- Dream Sports, the parent company of India’s leading online fantasy sports company Dream11, secured fresh funding of $225 million from Tiger Global Management, TPG Tech
- Dream11 recently acquired the title sponsorship rights for this year’s Indian Premier League (IPL) tournament for Rs 222 crore. The funding, which is largely secondary in nature with a smaller primary component, is expected to result in the further reduction of Chinese gaming and social media giant Tencent Holdings’ stake in the company to single digits.
- Additionally, the investment by New York-headquartered Tiger Global Management is its third in an Indian unicorn in the calendar year.
22419. Amazon India sets up all-women delivery station in Gujarat
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
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India
The Economic Times
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- E-commerce major Amazon India said it has set up an all-women delivery station in Kadi, Gujarat - its second such facility in the country. The new all-women delivery station, operated by a delivery service partner, is part of the company's efforts towards increasing participation of women in the workforce, a statement said.
- Kadi is located close to 50 kilometers from Gujarat's capital Ahmedabad, with a population of close to 80,000 people. Amazon India said it has created opportunities for more than 200 women across its fulfilment network in the state.
- Recently, the company opened a delivery station, operated by a delivery service partner, in the state which is completely run and managed by transgender individuals.
22420. [Sustainability Agenda] This eco-friendly Chennai startup sells over 1 lakh bamboo toothbrushes in a quarter
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Startups in Bharat
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- 1. After noticing the sheer amount of plastic toothbrushes in domestic wastes, Karthick Solai KS, Arjun T, and Harrish Kandan founded Terra to sell their bamboo alternatives.
- 2. during the tragic Chennai floods in 2015, things changed for the friends. People lost their homes, and many were completely flooded.
- 3. Terrabrush, now called Terra, is an eco-friendly startup that showcases and sells a range of sustainable products, which can be reused and recycled. The Chennai-headquartered startup has 24 employees in its team.
- 4. The toothbrushes are sold through the website and over 300 retail stores in Bengaluru and ecommerce platform Amazon.
- 5. They sell around one to two lakhs brushes every quarter. So the revenue for each quarter comes up to about Rs 50 lakh