Delhivery, a logistics start-up, raised $125 million to improve its delivery and supply chain capabilities. This capital will assist in expanding its logistics network and technological advancements.
Cred, the Indian fintech company focused on credit card rewards, has raised $215 million in a Series D funding round. The latest investment brings the company's valuation to $2.2 billion. The new funding will help Cred improve its financial services and expand its user base. The round was led by Falcon Edge Capital, with participation from Coatue Management LLP.
HealthTech startup Practo has raised $32 million in a Series D round to expand its digital healthcare services. Practo aims to use the funds for technological advancements and broadening its range of offerings. The investment was led by private equity firm AIA Group, along with some existing investors. Practo has plans to enhance its telemedicine capabilities and foster greater accessibility to healthcare.
DeHaat, an agritech platform, raised $30 million to boost its technology and services for farmers. The company plans to expand its reach and enhance its digital capabilities.
Meesho, the social commerce platform, has secured $300 million in a funding round led by SoftBank Vision Fund 2. The investment boosts Meesho's valuation to $2.1 billion, cementing its position in the market. The funds will aid Meesho in expanding its geographical reach and improving its product suite. The platform aims to support small businesses and entrepreneurs across India.
Unacademy, an Indian edtech firm, recently raised $120 million in a fresh funding round led by SoftBank. This infusion is expected to enhance the company's content and expand its global footprint.
Practo, a digital healthcare start-up, garnered $55 million in Series D funding. The company aims to use the funds to broaden its telehealth offerings and improve technological infrastructure.
The platform plans to invest in 30 – 40 early-stage startups from seed to Series A, with an average investment size of Rs 1.5 crore - Rs 4 crore. It has already invested in four startups, including Rosh.ai, Zippee, Pantherun, and NymbleUp, the company said in a statement. The startup will use the funds to expand its services, enhance technology, grow its team, and increase its reach. it said in a statement. LISSUN employs...
ReNew Power, a renewable energy company, has garnered $150 million in fresh funding. The proceeds will be used for expanding its green energy projects and enhancing sustainability efforts.
Delhivery, a logistics start-up, raised $125 million to improve its delivery and supply chain capabilities. This capital will assist in expanding its logistics network and technological advancements.
BharatPe, a fintech platform, has raised $90 million in a Series C funding round. The investment will fuel its rapid expansion plans and bolster its financial services ecosystem.