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Volocopter extends Collection C funding to $94M with backing from logistics large DB Schenker and others – TechCrunch

Autonomous air mobility firm Volocopter has added to the Collection C funding spherical it introduced in September 2019. The German electrical vertical take-off and touchdown (eVTOL) plane maker announced €50 million ($54 million at today’s exchange rate) in funding on the time, and the C spherical has now grown to...

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[Funding alert] Foodtech startup GO DESi raises Rs 4.5 Cr from Rukam Capital

Foodtech startup GO DESi has raised Rs 4.5 crore from Delhi-based Rukam Capital, which invests in early-stage client services firms. Different buyers who participated within the spherical embrace AngelList and Upaya Social Ventures.Based on a press release launched by the corporate, the funds might be used to broaden operations, launch...

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[Funding alert] Fb, Sequoia, Normal Atlantic make investments $110M in edtech startup Unacademy

Bengaluru-based edtech startup Unacademy on Wednesday introduced that it has raised $110 million in Sequence E spherical of funding from new buyers Fb and Normal Atlantic, together with Sequoia India.Ajit Mohan, Vice President and Managing Director, Fb India, mentioned, “With this funding in Unacademy, we're reinforcing our dedication to the Indian...

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[Weekly Funding Roundup] Indian startups elevate $318M this week; fairness will increase by 230 computer

After hitting a backside low, the second week of February witnessed a pickup in startup funding worth.Indian startups raised greater than $318 million in funding throughout 18 fairness offers, up by over 230 p.c since final week, when fairness funding dropped to $96.eight million.This week, two startups raised debt funding...

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[Funding alert] Co-living startup HooLiv raises undisclosed quantity from Kolte-Patil Household Workplace

New Delhi-based pupil co-living startup, HooLiv has raised an undisclosed quantity from Kolte-Patil Household Workplace (KPFO). In accordance with the startup, will probably be utilizing these funds to rent throughout features because it appears to be like to broaden into newer cities in India. Commenting on the funding, Chinmoy Mishra,...

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[Funding alert] Udaan makes its first funding, infuses $2M in Ahmedabad startup PetPooja

B2B ecommerce platform Udaan has made its first funding by infusing Rs 14 crore (or roughly $2 million) in point-of-sale and restaurant administration software program supplier PetPooja, present firm filings with the MCA.Udaan has made the funding via its Singapore entity, Trustroot Funds Pte Ltd., selecting up 6667 Sequence A...

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[Funding alert] Common Atlantic invests $200M in edtech unicorn BYJU’S

Edtech main BYJU'S lately stated it has raised an undisclosed quantity of funding from Common Atlantic, an current investor within the firm.Whereas BYJU'S didn't disclose the quantum of funding, sources stated Common Atlantic has pumped in $200 million (about Rs 1,420 crore) into the corporate. The funding is a part...

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[Weekly Funding Roundup] Investments into startups stays regular at $96.Eight million

Early-stage offers dominated the primary week of funding in February as the whole corpus raised was reported to be at $96.Eight million, unfold throughout 11 transactions within the Indian startup ecosystem. Compared, the week earlier than this era noticed 17 offers, with the whole quantity raised touching $98.5 million.Within the...

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[Funding alert] Enterprise know-how startup Unotech Software program raises $2M in Sequence A spherical

Enterprise know-how startup Unotech Software program has raised $2 million in Sequence A spherical of funding from Manish Choksi, promoter of Asian Paints. The spherical additionally noticed participation from Vinay Shah, a senior funding banker.The Mumbai-based startup mentioned that together with the funding, it should endure a shift in its...

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[Funding alert] Digit Insurance coverage raises exterior fairness funding of $84M from A91, Faering, and TVS Capital

Bengaluru-based insurtech startup, Digit Insurance coverage on Tuesday mentioned that it has obtained the approval from IRDAI to boost $84 million from three progress fairness buyers - A91 Companions, Faering Capital, and TVS Capital. The mixed funding made within the startup would deliver Digit’s whole funding to $224 million, so far. That is the...