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Funding

Funding Alert: WallMantra Raises Rs 2 Crore, Neo-bank Jupiter Gets Rs 641 Crore

Dec 31, 2021 PTI

WallMantra said it plans to utilise the funds for strengthening its sales and marketing capabilities and introducing aesthetically pleasing decor products for the Indian and US markets.

Funding Alert: MetaMap Raises Series B, Annapurna Finance Bags Rs 260 Crore

Dec 28, 2021 PTI

Craft Ventures, Alameda Research (FTX), Titan Capital and angel investors including Jerry Murdock, founder of Insight Partners, also participated in the funding round.


Home Healthcare Startup Zorgers Bags Angel Funding From Ritu Marya Family Office

The funds will be used towards expanding their presence across geographies, and for mobilising 50,000 healthcare professionals in the next two years.

RIL-Arm Invests In Oncology-Focussed Startup Karkinos Healthcare

Dec 26, 2021 PTI

The start-up, backed by Ratan Tata personally and the Tata Group, has other major angel investors that include Venu Srinivasan, Kris Gopalakrishnan, Ronnie Screwvala, etc.


Funding: Monster.com Gets Rs 137 Crore, Unbox Robotics Bags $7 Million In Series A

Monster.com is valued at close to $100 million (around Rs 755 crore) after this funding. The current close has been done at Rs 112.5 crore with an option built-in to expand the round to Rs 137.5 crore.

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20 December, 2021

Funding Alert: CARS24 Raises $400 Million, Bizongo Bags $110 Million In Series D

PTI

CARS24 said it has closed a $400 million round of funding including a $300 million Series G equity round alongside $100 million debt from diversified financial institutions.


20 December, 2021

Razorpay Raises $375 Million In Funding From Lone Pine Capital, Others

PTI

Razorpay plans to use the funds to double down investment in acquiring B2B SaaS firms that can help scale up operations while providing the highest standards of customer experience.


16 December, 2021

Funding Alert: Ola Raises $500 Million, ShareChat Parent Bags $266 Million

PTI

Ola raises $500 million debt from marquee international institutional investors. ShareChat parent raises $266 million in its Series G round from Alkeon Capital.


13 December, 2021

Germany: Chancellor Olaf Scholz's Cabinet Approves 60 Billion Euros For Climate, Modernization Fund

Associated Press (AP)

According to the Finance Minister of Olaf Scholz's cabinet, Christian Lindner, investing 60 billion euros is going to strengthen Germany's economy which is still recovering from the coronavirus pandemic.


01 December, 2021

Chennai-Based Agritech Veg Route Raises Pre-Seed Funding From Fintech Founders

Outlook Business Team

The company plans to use the funds to expand in Tier-2 and Tier 3 cities by employing technology as well to build a strong in-house team which could also enable the business to run successfully across 300 destinations


30 November, 2021

Funding Alert: Bessemer Venture Raises $220 Million, Adda247 Bags $20 Million

Outlook Business Team

Bessemer plans to apply its roadmap-driven investment approach to deploy the new capital over five roadmaps across consumer internet and cloud software, including marketplaces, digital health, etc.


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24 November, 2021

Funding Alert: CoreStack Raises $30 Million, Park+ Bags $25 Million, And More

Outlook Business Team

The funding will help CoreStack continue its rapid pace of growth and innovation with its AI-powered continuous and autonomous cloud governance at scale, while also making strategic headway with expansion into new markets.


31 October, 2021

Purplle Raises $75 Million In Funding Round Led By Kedaara, Sequoia Capital India, Others

Aditya Rangroo

The Mumbai-based company said in a statement it plans to use the funding to augment the company’s goal to deliver 6-8X growth in the next 5 years.


28 October, 2021

Healthtech Startup Cloudphysician Bags $4 Million In Pre-Series A Round From Elevar Equity

Aditya Rangroo

The company said in a press release that it will use the funds to expand its global footprint and invest in commercial, medical, technology and data science talent.


28 October, 2021

Insurance Provider Acko Raises $255 Million In Fresh Funding, Reaches $1.1 Billion In Valuation

Outlook Business Team

The startup said it plans to use the fresh funds to expand its healthcare offerings and hire more talent across technology, product and data science roles.


25 October, 2021

Porter Raises Rs 750 Crore In Series E Funding From Tiger Global, Vitruvian Partners

Outlook Business Team

In a press statement on Monday, the company said that it would leverage the proceeds to consolidate its position by acquiring further talent and expand into the top thirty-five Indian cities by 2023.


21 October, 2021

Funding Alerts: IDfy Bags Rs 86 Crore From TransUnion, Blume Ventures; Questt Raises $6.75 Million From Celesta Capital, Premji Invest

Outlook Business Team

Ashok Hariharan, founder and CEO at IDfy, said a billion more people globally are expected to enter the formal economy over the next 5 years.


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21 October, 2021

Skyber Raises Rs 40 Lakhs Through Encubay Angel Network

Aditya Rangroo

The investment will provide Skybar access to the additional services of the Encubay network that include $2 billion worth of business credits and discounts.


Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan
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The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.

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Super Immunity, Natural Vaccines, Covid Gods: A Desi Guide To Denying The Pandemic

Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.

Jan 08, 2022 Rakhi Bose

What Is The Future Of The Liberal Arts In Asia?

Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.

Jan 01, 2022 Saikat Majumdar

Nagaland To Lakhimpur Kheri: Rights, Regimes And Restitutions in Times Of Turbulence

The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.

Dec 28, 2021 Tanvir Aeijaz