As the country of origin for immigrant founders in the US, Indians top the charts with 66 companies.
Winni co-founder and CEO Sujeet Kumar Mishra said that the company is looking to make the service available across 700 cities by the end of the current financial year.
The capital raised would be used to fuel growth in existing and new geographies, strengthen the business and tech team, marketing, and new additions to the product suite, as announced by the firm.
In the statement, Lightbulb.ai said it has raised a pre-seed funding round of USD 1.5 million, with reputed investors Chiratae Ventures and 9Unicorns leading the round.
The layoff at Toppr comes alongside Byju's group firm Whitehat Jr retrenching 300 employees in addition to the resignation of 250 employees from the company in April-May.
The ASK Private Wealth Hurun India Future Unicorn Index 2022 highlights India’s rapidly expanding start-up ecosystem
The organisation aims to support over 20,000 startups in the country from the newly constructed innovation campus.
Led by Owl Ventures, the funding round saw participation from Steadview Capital, Paramark Ventures as well as established backers like Jungle Ventures and Sequoia Capital India.
The company announced that through a makeover of its website, social media accounts, and current product lines, the new brand will be reflected in every client touchpoint.
LeadSquared’s vision is to make high-velocity sales execution software a reality for companies around the world, as per the company.
The Indian ecosystem is now entering a new phase. To build world class companies, you have to have world class corporate governance, Anandan said.
The company is opening its first overseas office in India and has already identified thousands of high-potential companies.
The first major sign of governance problems this year at Sequoia-funded startups emerged in January, when digital payments provider BharatPe launched a probe that eventually led to the sacking of several employees and findings of vendor malpractice.
According to the sources, the company will soon engage with bankers and legal consultants to take forward the IPO (Initial Public Offering) process.
Shiprocket and Pickrr cater to India's burgeoning D2C (direct-to-customer) sector, where enterprises book order online and deliver it directly to customers.
The funding round was led by Tiger Global and participating investors included Alpha Wave, Sparrow Capital and Stride Ventures, according to a statement.
The state already has a slew of vehicles to make equity investments in startups, which have been launched in association with finance players having domain expertise.
The Series F round values the start-up at $6.4 billion, a significant uptick from the $4.01 billion it garnered in October 2021 when it secured $251 million, co-led by Tiger Global and Falcon Edge.
The fresh funds will go towards strengthening team for sourcing opportunities, credit assessment and customer service, Vineet Agrawal, co-founder of Jiraaf, said in a statement.
As per the company, these funds will be allocated towards business expansion, opening more learning centres and introducing more offerings.
The new fund will invest between $2-5 million in Series A and B start-ups over the course of next two and a half years, and aims to build a portfolio of 10-12 companies.
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