Business

Paradox Carries Global Momentum into APAC, Hires Kartik Krishnamurthy

Paradox Carries Global Momentum into APAC, Hires Kartik Krishnamurthy

Kartik joins Paradox with more than 10 years of experience driving growth for HR tech companies in Asia — first as one of LinkedIn's early employees and most recently as Managing Director for Cornerstone OnDemand Paradox, the leading conversational AI platform helping global talent acquisition teams like Unilever and McDonald's spend more time with people by automating tasks like screening, interview scheduling, and candidate communications, announced the addition of Kartik Krishnamurthy as VP, APAC.Prior to Paradox, Kartik served as the Managing Director of Cornerstone OnDemand in Asia, where he executed the strategic vision and regional plan to support the company's…
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Capital Float Raises ₹50 Crore Debt Round From Triodos IM

Capital Float Raises ₹50 Crore Debt Round From Triodos IM

Since January 2021, Capital Float has raised over ₹200 crores in debt. These funds are being strategically deployed towards scaling up growth in credit delivery, as the company has doubled its base over the last 8 months to over 2 million customers India’s leading BNPL and credit platform has raised ₹50 crore in debt for a period of 3 years from Triodos Microfinance Fund and Triodos Fair Share Fund, financial inclusion funds managed by Triodos Investment Management (Triodos IM). Triodos IM, based in The Netherlands, is a wholly-owned subsidiary of Triodos Bank, one of the world’s leading sustainable banks, and…
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Reevoy Raises Funding Led By Stellaris Venture Partners

Reevoy Raises Funding Led By Stellaris Venture Partners

This round of fundraise will help the start-up scale up its technology and sales capabilities Invoice factoring start-up Reevoy has raised an undisclosed amount in seed funding round. The round was led by Stellaris Venture Partners, and saw participation from Start-up Angel Network (SAN), and Better Capital. This round of fundraise will help the start-up scale up its technology and sales capabilities.The round also saw participation from Kunal Shah of CRED, Ramakant Sharma of Livspace,  Ashish Sharma of InnoVen Capital, Atul Mehta who is ex-World Bank Group officer, and Vinod Murali of Alteria Capital, among other notable players.Partner at Stellaris…
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Greenjoules Raises USD 4.5 M From Blue Ashva Capital

Greenjoules Raises USD 4.5 M From Blue Ashva Capital

Although Biodiesel technology has been around for some time, one of the key barriers for adoption is that it depends on food products like edible oil, oil seeds etc. as raw material. Greenjoules Pvt. Ltd., a Pune based green energy technology company, has raised its Series A round of USD 4.5M (INR 33 Crore) from Blue Ashva Capital through its Blue Ashva Sampada Fund. The funds raised are a combination of equity and debt and will be utilized to setup commercial scale waste to energy plants and invest into new R&D initiatives.The company was founded in 2018 and is led…
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ClearDekho Plans To Expand Across 100+ Cities By March 2022

ClearDekho Plans To Expand Across 100+ Cities By March 2022

Covid-19 Pandemic was one of a kind global catastrophic event which left national economies & businesses counting the costs, as lockdowns around the world disrupted normal functioning of life. ClearDekho, an affordable and omnichannel eyewear retailer has announced its plans to open more than 200 stores and expand across 100+ cities by the end of this fiscal. The tier 2 and tier 3 focused brand is looking at exponential growth to capture the market first across small towns/cities with plans to grow 100% in FY 21-22. It aims to standardize the unorganized optical market in rural areas and provide high-quality…
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Mensa Brands Raises $50M In Series A Funding

Mensa Brands Raises $50M In Series A Funding

The company is looking to acquire 60-65% in online-first brands that have a revenue of Rs 10-70 crore. Former Myntra CEO and Medlife co-founder Ananth Narayanan’s brainchild, Mensa Brands, has raised USD 50 million. The funding will be a mix of equity and debt led by Falcon Edge, Accel Partners, and Norwest Venture Partners. This round also saw participation from marquee angel investors including Rahul Mehta of DST Global, Kunal Shah, Scott Shleifer of Tiger Global, Mukesh Bansal, to name a few.'Our aim is to create a technology-led 'House of Brands' that is built for the e-commerce world. We will…
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Convin Raises Rs 2.5Cr From 9Unicorns, Titan Capital

Convin Raises Rs 2.5Cr From 9Unicorns, Titan Capital

The start-up will use the funds to build its core team and develop its products to achieve the appropriate market fit. Bengaluru-based start-up Convin raised Rs 2.5 Crore in a pre-seed round led by 9unicorns and Titan capital. Several marquee investors, including Kunal Shah, Abhishek Goyal, Ramakant Sharma, Sunder Nookala, and Rajesh Razdan also participated in the round. The start-up will use the funds to build its core team and develop its products to achieve the appropriate market fit.  Co-founded by Atul Shree (CTO), Bharat Patidar (COO), Ashish Santhalia (CEO), and Durgesh (CPO), in 2020 all IIT Delhi alumni, Convin…
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Breathe Well-being Raises $1 Mn, Led By 3one4

Breathe Well-being Raises $1 Mn, Led By 3one4

Funds raised will be used for team expansion, strengthening the coaching academy, scaling up the tech platform, and team expansion. Y Combinator-backed Breathe Well-being has raised $1 million in a funding round led by 3one4 Capital among others. in a pre-Series A funding round led by. Marquee angel investors Sandeep Singhal, Ashish Gupta, and Stanford Angels and Entrepreneurs India also participated in this round. Y Combinator had invested earlier in the firm during 2020.The Gurugram based start-up, Breathe Well-being has an app called ‘Breathe’ that helps people avoid and reverse type-2diabates. Funds raised will be used for team expansion, strengthening…
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Crejo.Fun RaiseS $3 Million In Seed Funding

Crejo.Fun RaiseS $3 Million In Seed Funding

Crejo.Fun aims to help children discover their talents and pursue their passion by providing a fun and exciting course set of extracurricular activities. Online platform for extra-curricular activities for children Crejo.Fun, raised $3 million in seed funding.  This round was led by 021 Capital, Matrix Partners India, among other marquee investors like Sujeet Kumar, Co-founder, Udaan; Kalyan Krishnamurthy, CEO, Flipkart; Sameer Nigam, Co-founder, PhonePe; Rahul Chari, Co-founder, PhonePe; Srinivas Anumolu, Founder, TutorVista; Lalit Keshre, Founder, Groww;  Prashant Purker, ex-CEO ICICI Ventures; Saikiran Krishnamurthy, Founder, xto10x; Mekin Maheshwari, ex-CPO, Flipkart; Ankit Nagori, Co-founder, Cure.Fit; Giridhar Malpani; Anil Goteti, Ex-SVP, Flipkart; and…
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Zypp Electric’s Two-Wheelers To Be Integrated Onto Battery Smart’s Network

Zypp Electric’s Two-Wheelers To Be Integrated Onto Battery Smart’s Network

2,000 Zypp Electric two-wheelers will be integrated onto Battery Smart’s network and riders will have access to over 175 swap stations across the Delhi-NCR region Battery Smart, an electric vehicle battery-swapping service provider, on Tuesday said it has partnered with shared electric mobility start-up Zypp Electric for integration of the latter’s electric two-wheelers into its network.Under the partnership, 2,000 Zypp Electric two-wheelers will be integrated onto Battery Smart’s network and riders will have access to over 175 swap stations across the Delhi-NCR region, the company said in a statement.A pilot of 200 vehicles is already underway, it added.“Our partnership with…
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