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Edtech startup Toppr raises $35 million in Series C funding round

Opportunity India Desk Dec 21, 2018 - 1 min read

Mumbai-based edtech startup Toppr has raised $35 million in Series C funding round led by Eight Road Ventures, Helion Ventures, Kaizen PE and SAIF Partners. The funds raised will be used by the company to fuel their adaptive platform that has more than 6 million registered students. Zishaan Hayath, CEO and Founder, Toppr, said, "This capital will ...

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Be U Salons raises Rs 3 crore from Brand Capital and Jaipur Capital

Opportunity India Desk Dec 19, 2018 - 1 min read

Be U Salons, the subscription-based salon chain, has raised Rs 3 crore, led by Brand Capital and Jaipur Capital. Since its inception in December 2016, this is Be U's 3rd fund raise. The fresh capital will be used by Be U Salons towards marketing and expanding its subscription base. The salon chain is operating its ...

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EdTech startup Byju's raises $540 million to fuel its expansion plans

Opportunity India Desk Dec 18, 2018 - 1 min read

Byju's, education technology startup, has raised $540 million in a round led by South African tech conglomerate Naspers Ventures to fuel its expansion plans. The new round of funding is expected to value Bengaluru-based Byju's at around $3.6 billion, up from $1billion earlier this year. This will make the startup one of the top-five most valued Internet ...

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Incubex NestaVera plans to invest Rs 100 crore for expansion

Opportunity India Desk Dec 12, 2018 - 1 min read

Incubex NestaVera, a leading coworking, enterprise workspace and serviced offices space provider, is planning to invest Rs 100 crore over the next two years to expand its operations and launch new products. The company is further looking to touch 1 million sq ft of co-working space over the next 18 months. The raised capital will be ...

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Fintech incubator Rainmatter invests in digital learning platform LearnApp

Opportunity India Desk Dec 11, 2018 - 1 min read

Digital learning platform LearnApp has raised Rs 2 crore in a seed round from fintech startup incubator Rainmatter. Founded by Prateek Singh, Ankush Oberoi, Swati Sharma and Sohail Alam in August 2018, LearnApp is owned by Noida-based PS Market Scientist Pvt Ltd. The platform is providing subscription-based executive education programmes that users can stream online. It ...

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ImpactGuru.com raises an investment from Abu-Dhabi based Shorooq

Opportunity India Desk Dec 11, 2018 - 1 min read

ImpactGuru.com, Indian healthcare crowdfunding platform, has received an investment from the Abu-Dhabi based firm, Shorooq Investments. ImpactGuru.com was founded by Piyush Jain and Khushboo Jain in 2014. It makes online fund raising easy for the medical expenses that are not covered by insurance. Piyush Jain, Co-Founder and CEO, ImpactGuru.com, said, "Impact Guru is thrilled to receive ...

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Fresh meat and seafood brand Licious raises $25 million in Series-D round

Opportunity India Desk Dec 11, 2018 - 1 min read

Licious, fresh meat and seafood brand, has raised $25 million in a Series-D round led by Japan's Nichirei Corp. The fund raising round has also seen participation from existing investors including 3one4 Capital, Bertelsmann India Investments, Vertex Ventures Southeast Asia and India, UCLA, Sistema Asia Fund. Licious said, "With plans of opening operations in the ...

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Medical consultation startup Any Time Doctor raises undisclosed amount of angel investment

Opportunity India Desk Dec 06, 2018 - 1 min read

Ramakant Deshpande, a Mumbai-based surgical oncologist, has invested an undisclosed amount in Any Time Doctor, a Chennai-based medical consultation startup. The fresh amount will be used by the startup to enhance the app's tech infrastructure and on marketing. Any Time Doctor is a mobile app allowing doctors to consult with patients through video. By using ...

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Grab is in talks to invest $100 million in OYO for business expansion

Opportunity India Desk Dec 04, 2018 - 1 min read

Grab, Singapore-based ride-hailing firm, is in advanced talks to invest $100 million in Indian hotel-reservations startup OYO. Grab is likely to finalise the deal within this week. Grab and OYO have identified Indonesia and Southeast Asia as their key markets. OYO had entered Indonesia in October 2018. It also confirmed an investment of more than ...

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Lighthouse invests Rs 250 crores in Aqualite, one of India's leading footwear brands

Opportunity India Desk Dec 05, 2018 - 1 min read

Lighthouse India Fund III Limited, an affiliate of Lighthouse Advisors, India's leading, consumer-focused private equity manager, is investing over Rs 250 crore to acquire a minority stake in Aqualite Industries, one of India's leading footwear companies. Founded more than three decades ago, Aqualite offers more than 6,500 SKUs in hawai, non-hawai and shoe product categories. ...

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