MSME
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Opportunity India Desk May 16, 2019 - 1 min readDocttocare, one of the leading healthcare online portals, has raised Rs 40 million in seed funding. The funds have been raised from startup mentor Krishnakumar Devnally, Director of mPower Solutions. The fresh capital will be used by the company for ramping up the product experience and increase the outreach to folks seeking quality healthcare. The ...
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Opportunity India Desk May 14, 2019 - 1 min readSQUATS, the Pune-based online fitness community, has secured an investment from Bollywood actor, producer, and entrepreneur Suniel Shetty of an undisclosed amount. With this, both SQUATS and Shetty have pledged to initiate a movement in the lifestyle of Indians from curative to preventive health care. This investment will be enhancing SQUATS' underlying technological framework, strengthening ...
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Opportunity India Desk May 10, 2019 - 1 min readHealthKart, India’s largest omnichannel nutrition platform, has raised $25 million in a fresh round of financing from Sofina. The company, which is owned by Bright Lifecare Pvt Ltd, is claiming to be India's only pure-play online/offline nutrition platform. The funds will be used for expanding HealthKart’s offline store network, developing additional direct-to-consumer nutrition brands and strengthening its ...
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Opportunity India Desk May 10, 2019 - 1 min readClassplus has secured $1.6 million in its pre-series A funding round led by Times Internet and GREE Ventures. Japanese VC firm Spiral Ventures and existing investor Netherlands-based Rising Stars Fund have also participated in the round. The fresh capital will be used by the edtech startup to expand its product offerings, ramp up their leadership team and scale operations. Classplus is ...
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Opportunity India Desk May 09, 2019 - 1 min readRatan Tata, Chairman Emeritus of Tata Sons, has invested an undisclosed sum in Ola Electric Mobility (OEM) as part of its Series A round of funding. OEM is the electric vehicles project of the ride-hailing app. This investment is in Ratan Tata's personal capacity. He is also an early investor in ANI Technologies Pvt Ltd, Ola’s ...
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Opportunity India Desk May 07, 2019 - 1 min readMastercard, the global card payments major, will be investing $1 billion in India in the next five years. It is planning to make the country a global technology node for its platforms. In the last five years, the company has already invested $1 billion in the Indian market. Ari Sarker, Co-President, Asia Pacific, Mastercard, said, ...
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Opportunity India Desk May 06, 2019 - 1 min readEupheus Learning, the education technology startup, is in advanced talks to raise around $10-$15 million for its Series A funding round. This round will see participation from a cluster of new private equity and venture capital investors. Sixth Sense Ventures, an existing investor of the company, may participate in the ongoing round. Eupheus was founded by Shrivastava, Rohit ...
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Opportunity India Desk May 02, 2019 - 1 min readSarva, a three-year-old yoga and wellness startup, has concluded a fundraise from marquee names including global music icon Jennifer Lopez, former American baseball star, and Shark Tank investor Alex Rodriguez, Bollywood actress Malaika Arora, and branded fitness platform Zumba. Sarvesh Shashi, Founder and CEO, Sarva, said, "Jennifer and Alex were introduced to us by Mark Mastrov. Mark and Alex are ...
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Opportunity India Desk May 01, 2019 - 1 min readWorkIndia has raised Rs 24 crore from BEENEXT, Singapore, and Mamoru Taniya, Chairman of Asuka Asset Management, Japan. This is the sixth funding round for the Bengaluru-based startup. The fresh capital will be used by the startup to expand business in areas and in selected international markets. The company, which is a technology marketplace in ...
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Opportunity India Desk Apr 26, 2019 - 1 min readGUVI has raised its first institutional round of funding at Rs 1 crore from Gray Matters Capital, a US-based investor. GUVI is an online platform where students learn to code in Vernacular Indian languages and primarily functions as an IT skill acceleration and hiring platform. The fresh capital will be used by the edtech platform ...