Financial Services & Banks
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Opportunity India Desk Mar 26, 2020 - 1 min readEdtech platform Univariety has secured $1.1 million funding from India’s premier online giant Info Edge. This is Info Edge’s second investment in the Hyderabad-based startup in a span of two years. The fresh capital will be used by the company for business growth with a focus on product development, scaling up its alumni platform ...
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Opportunity India Desk Feb 14, 2020 - 4 min readVedantu, a pioneer in LIVE online tutoring in India, has raised $24 Million as part of their Series C extension round. The funding was led by global venture capital firm, GGV Capital with participation from existing investors. This was in addition to the $42 Million raised in August 2019, making this a total of ...
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Opportunity India Desk Feb 13, 2020 - 1 min readFirstcry has secured $296 million in Series E funding round from Japan-based marquee investor Softbank’s Vision Fund. This recent investment is the first tranche of the total $400 million funding that has been committed by Softbank. The additional $100 million is reserved by Softbank to be invested on the second anniversary of the transaction ...
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Opportunity India Desk Jan 24, 2020 - 3 min readEupheus Learning has secured $4.3 million in its Series A round through a mix of equity and venture debt. This round has been led by Yuj Ventures, the early-stage investment platform backed by the family office of Sid Yog, founding partner of a global investment firm, The Xander Group Inc. The round has also seen ...
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Opportunity India Desk Jan 17, 2020 - 2 min readToddle has secured its first institutional funding round, led by Matrix Partners India. The round has also seen participation from Better Capital and angel investors like Rahul Jaimini, the Co-Founder of Swiggy. The educational technology startup will use the fresh capital to cater to more educational segments. Rajat Agarwal, Director of Matrix India, said, “Teachers, all over the world, ...
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Opportunity India Desk Nov 13, 2019 - 1 min readArtificial intelligence-based healthcare startup ekincare has secured $3.6 million in a Series A funding round led by a new investor. The round has also seen participation from existing investors like venture capital firm Venture East, Eight Roads Ventures and Hyderabad-based Touchstone Equities. This latest funding takes the total capital raised by ekincare to $5.6 million. The ...
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Opportunity India Desk Nov 05, 2019 - 2 min readENpower, The B-School for Teens, has received seed funding of Rs 2.65 crore from an investor consortium led by Nikhil Vora, Founder & CEO of Sixth Sense Ventures, India’s first domestic, consumer-centric venture fund. ENpower has pioneered entrepreneurship learning programs for school children in the age group of 8-18 years. This seed round will help ...
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Opportunity India Desk Nov 04, 2019 - 1 min readHealthcare startup BeYouPlus has raised $3.2 million in funding led by IvyCap Ventures. The round has also seen participation from Madison Capital and Singapore Angel Network. The fresh capital will be utilized by the company to expand its dermatology treatments across 15-20 cities in the next 18 months. BeYouPlus also wants to build out a standardized distributed model for day care ...
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Opportunity India Desk Oct 19, 2019 - 1 min readMedlife, which owns and operates the eponymous online pharmacy platform, has reached Rs 100 crore in revenue for September. The health-tech company is also on track to break even on a unit economics basis over the next 6-8 months. Ananth Narayanan, Chief Executive of Medlife, said, “We are on a very good growth trajectory, north ...
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Opportunity India Desk Oct 18, 2019 - 1 min readHealthtech startup NeuroLeap has secured funding from Rajashree Birla, Chairperson, Aditya Birla Centre for Community Initiatives & Rural Development, and Sminu Jindal, MD, Jindal SAW. The Mumbai-based neuroscience startup will use the fresh funds to expand its operation across India. NeuroLeap uses advanced brain-computer interface-based technology to understand brain activity. Kumaar Bagrodia, Founder of NeuroLeap, ...