Polytrade, a web3 protocol, raises $3.8M to improve global trade
Polytrade, a web3 protocol, raises $3.8M to improve global trade
Source: nextbigwhat.com
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Atica and Poltytrade raise seed funding
Software-as-a-service (SaaS) startup Atica, announced on Thursday that it has raised an undisclosed amount in its seed funding round led by Titan Capital. The round also saw participation from Rahul Talwar (DLF Family Office), Anil Goel (Byju's), Bhuvan Gupta (OfBusiness), Ramji Sundararajan (Mckinsey Palo Alto), Prashant Sood (Eros Group) amongst ......
Source: vccircle.com
No relief for startups from key angel tax provision in Finance Bill changes
Industry had suggested excluding investments from foreign companies, sovereign wealth funds, endowment funds and hedge funds from the angel tax regime
Source: moneycontrol.com
AIDA Picks Up 10% Stake In Lenskart For $500 Mn
Lenskart and Abu Dhabi Investment Authority (ADIA) have reportedly signed an agreement for the latter to invest $500 Mn in the eyewear brand.
Abu Dhabi Abuz Aby United Arab Emirates Hamad Shahwan Al Dhaheri Peyush Bansal Abu Dhabi Investment Authority
Source: inc42.com
Transforming the way children learn maths
In conversation with Vivek Sunder, CEO, Cuemath
Source: gulfnews.com
Agritech Startup Absolute's Loss Widens 12X To INR 37.4 Cr In FY22 As Business Expands
Agritech startup Absolute’s operating revenue jumped 12.7X to INR 360.9 Cr in FY22 from INR 28.4 Cr in FY21.
Source: inc42.com
Weekly Start-up Funding Roundup (February 6 to 12)
In the second week of February, the Indian startup ecosystem raised 148 million dollars in venture capital, mainly across 6 deals.
Ashwin Hinduja Arokiaswamy Velumani Sanjay Sandeep Wadhawa Simple Energy Bharat Innovation Fund Mensa Brands
Source: techstory.in
Mensa Brands Posts INR 96.62 Cr Loss In First Financial Year Of Operations
Mensa Brands has posted a loss of INR 96.62 Cr for FY22, which was the startup’s first-ever full financial year of operations.
Kunal Shah Vaibhav Vardhan Ministry Of Corporate Affairs Mensa Brands Corporate Affairs Accel Partners
Source: inc42.com
AI drug developer Alto Neuroscience raises $25M and more digital health fundings
Cough monitoring company C-mo Medical Solutions and sexual healthcare provider TBD Health also announced funding rounds.
Source: mobihealthnews.com
[Funding Galore] From PhonePe To Locad — Indian Startups Raised $455 Mn This Week
This week, Indian startup ecosystem has managed to raise $455 Mn across 24 deals, a 258% jump from $127 Mn raised last week across 20 deals
Source: inc42.com