MSME

MSME

With latest investment, Multibhashi aims to add more languages to its learning platform

Opportunity India Desk Nov 18, 2019 - 1 min read

Language learning platform Multibhashi has received fresh capital from RareJob of Japan, which conducts online English tutorials. This is RareJob’s first Indian investment. Anuradha Agarwal, Founder of Multibhashi, said, “The proceeds would mainly be used in expanding the team, improving the technology, enhancing the product with new features and acquiring new users. The company aims to ...

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Edtech startup Sunstone Eduversity secures Rs 11.3 cr seed funding to build its college network

Opportunity India Desk Nov 13, 2019 - 2 min read

Edtech startup Sunstone Eduversity has received Rs 11.3 crore in seed funding led by Prime Venture Partners. This funding round has also seen participation from LetsVenture, PS1 Ventures, and Rajul Garg. The new funds will be used by Sunstone Eduversity to build its network of colleges across various cities. It will also boost its efforts ...

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Edtech startup Lido Learning secures $3 mn in Series A funding round

Opportunity India Desk Nov 12, 2019 - 1 min read

Edtech startup Lido learning has secured $3 million in Series A funding round. The investment round has been led by investors such as Ronnie Screwvala (Chairman, Upgrad), Ananth Narayanan (CEO, Medlife), Vikrampati Singhania (MD, JK Tyres), Anupam Mittal (CEO, Shaadi.com), and Arihant Patni (MD, Patni Wealth Advisors), among others. Ronnie Screwvala said, “Online tutoring is ...

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With new $7M funding, Exam prep platform Gradeup aims Tier 2, 3 & 4 expansion

Opportunity India Desk Nov 05, 2019 - 1 min read

Gradeup has raised $7 million in Series A funding from Times Internet. This round takes the total funds raised by the exam preparation startup to $10 million. The startup will be utilizing the funds to expand further in Tier II, III, and IV towns. The fresh capital will also be used to enhance its technology ...

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Child Health Imprints raises pre-Series A funding to expand neonatal care services in APAC region

Opportunity India Desk Nov 05, 2019 - 1 min read

Singapore-based Child Health Imprints (CHIL), which is engaged in neonatal-clinical care, has secured $2.4 million in a pre-Series A funding round, led by HealthXCapital, a healthcare-focussed investor. The round has also seen participation from Enterprise SG and other High Net-worth Individuals (HNIs). The neonatal solutions provider will use the fresh capital to expand its integrated Neonatal Intensive ...

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Dermatology consultation platform Remedico secures $500K in seed round

Opportunity India Desk Oct 30, 2019 - 1 min read

Remedico, the mobile-based dermatology consultation platform, has secured $500,000 in a seed round from Venture Catalysts, an integrated incubator and accelerator platform. The round has also seen participation from other investors including US-based Parkview Investment Advisors, Vida Ventures, and several angel investors like Anshumani Ruddra (VP of Product at Hotstar, ex-VP of Product at Practo), ...

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Pee Safe secures Rs 30 crore in Series A funding round

Opportunity India Desk Oct 23, 2019 - 2 min read

Pee Safe, a leading hygiene and wellness brand, has raised Rs 30 crore in Series A funding round led by Alkemi Growth Capital, a health and wellness-focused fund. Pee Safe will use the capital for strengthening R&D, product development and building breadth and depth in distribution. Vikas Bagaria, Founder, Pee Safe, said, “We are delighted to ...

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Hero Cycles eyes investing Rs 1,000 crore in e-cycles biz

Opportunity India Desk Sep 23, 2019 - 1 min read

Hero Cycles is looking at investing around Rs 1,000 crore to strengthen its e-cycles business. The capital will be used to boost global design and R&D and to set up a manufacturing unit. Some part of the investment might also be utilized to build a strong retail distribution network. In recent times, Hero Cycles has collaborated with ...

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With latest funding, Health tech platform Pharmarack aims to broaden its network

Opportunity India Desk Sep 23, 2019 - 1 min read

Pharmarack, owned by Pharmarack Technologies Pvt Ltd, has secured in $3 million in Series A funding round from Mumbai-based IvyCap Ventures. The health tech platform also counts Unicorn India Ventures and Currae Healthtech Fund among its investors. The fresh capital will be used by the Pune-based startup to strengthen its network for pharma manufacturers and ...

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Self driving car rental firm Zoomcar India raises $1.98M from its US parent entity

Opportunity India Desk Sep 19, 2019 - 1 min read

Zoomcar India, the self driving car rental firm, has received a fund infusion of $1.98 million from its US-based parent entity, Zoomcar Inc. As per RoC filings, Zoomcar India Private Limited issued 28,484 equity shares of Rs 10 each, at a premium of Rs 4,956 per share. Zoomcar self drive has secured about Rs 70 ...

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