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Springboard Secures $31M in Series B Funding Led by Telstra Ventures

Opportunity India Desk Aug 06, 2020 - 3 min read

Springboard, a mentor-guided online learning platform that prepares people for in-demand careers, has raised $31 million in Series B funding, bringing its total capital raised to more than $50 million. This round was led by new investor Telstra Ventures, with participation from Vulcan Capital and SJF Ventures, and returning investors Costanoa Ventures, Pearson Ventures, Reach ...

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Crazy Labs invests $500,000 in the Indian game development ecosystem

Opportunity India Desk Jul 30, 2020 - 3 min read

Firescore Interactive, a leading game development studio, has raised USD $500,000 funding led by CrazyLabs. The funds will be utilized to launch the first-ever Hyper Casual Gaming Hub for game studios around the world in India. CrazyLabs has created the funding program for studios looking to build hyper-casual games exclusively, and are offering an additional ...

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Shikhar Dhawan invests in leading Indian Yoga Brand 'SARVA'

Opportunity India Desk Jun 24, 2020 - 3 min read

SARVA, India’s fastest growing yoga-based wellness ecosystem, has raised funding from ace cricketer and entrepreneur Shikhar Dhawan. Being a sportsman and fitness enthusiast himself, Shikhar has been practicing yoga for a long time and it also aided his recuperation from a recent injury. His investment in the venture aligns with his belief that yoga can ...

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Road transport marketplace Vahak raises seed funding to expand customer base

Opportunity India Desk Jun 02, 2020 - 4 min read

Vahak, an online Road Transport Marketplace, has raised an undisclosed amount in seed funding led by Leo Capital. The other prominent angel investors who led the funding round included Amit Gupta, Founder Yulu Bikes; Abhishek Goyal, Founder, Tracxn; Ramakant Sharma, Founder, LivSpace; Harsh Pokharna, Founder, OkCredit; and Archana Priyadarshini, Angel investor, and ex Unicorn India ...

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Edtech startup Classplus secures $9M funding to expand its product offerings

Opportunity India Desk May 15, 2020 - 1 min read

Classplus, a business-to-business (B2B) edtech startup, has secured $9 million in a Series A funding round. The round has been led by early-stage tech investor RTP Global. It has also seen participation from existing investors including Blume Ventures, Sequoia Capital India’s Surge, Spiral Ventures and Strive. The fresh funds will be utilized by the ...

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Co-living & student housing start-up RoomSoom raises funds to expand its reach

Opportunity India Desk May 15, 2020 - 1 min read

Co-living and student housing start-up RoomSoom Technologies has raised an undisclosed sum in the funding round from Mumbai Angels Network. The startup is aiming to increase the number of beds from 3000 to 5000 and strengthen its reach from seven to 10 cities. Headquartered in Noida, RoomSoom was founded by Nitin Agrawal and Garima ...

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Physician engagement startup Doceree closes seed funding round of $1M

Opportunity India Desk May 13, 2020 - 4 min read

Doceree Inc., the world’s first Programmatic Physician Engagement Platform, has raised $1 million in seed funding from a group of angel investors from India and the United States. The New Jersey-based Doceree successfully secured the funds despite the unprecedented coronavirus crisis that is wreaking havoc on stocks worldwide, causing a meltdown in investment ...

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[Funding Alert] Wellthy Therapeutics secures $4 mn for business expansion

Opportunity India Desk Apr 15, 2020 - 2 min read

Digital therapeutics startup Wellthy Therapeutics has secured $4 million in its Pre-Series A funding round from Saama Capital. The fresh capital will be used by the Mumbai-based company to enhance product suite, for the international expansion of its business and to expand into newer therapy areas. Besides using this raise to deepen its product-suite ...

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With latest $7.5M funding, Lido Learning plans to expand its offering to Indian students

Opportunity India Desk Apr 10, 2020 - 3 min read

Lido Learning, an ed-tech startup focusing on live online tutorials, has just closed a $7.5 mn Series B round. The round is led by Ant Financial-backed BAce Capital, and completes the ed-tech startup’s overall funding at $10.5 million. Existing investors also participated in the round. Amid the COVID-19 pandemic and with a growing number ...

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With latest fundraise, Byju's becomes India’s most valuable start-up after OYO, Paytm

Opportunity India Desk Jan 15, 2020 - 2 min read

Byju's has raised $200 million in the latest round of funding from Tiger Global Management. Prior to the current funding round, Byju’s had secured about $971 million. With this latest fundraise, Byju’s becomes India’s most valuable startup after Ant Financial-backed fintech firm Paytm and the budget hotel rooms startup OYO. Byju Raveendran, Founder and ...

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