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Healthtech startup Traya raises $2.2 mn from Fireside Ventures & others

Holistic hair care platform Traya has raised $2.2 million in a pre-Series A funding round, led by Fireside Ventures, with participation from existing investors Kae Capital and Whiteboard Capital. The company said it will use the funds to strengthen research and development, build cutting edge technology to personalise the hair growth experience and acquire talent and expand brand reach.

Snapdeal, BOB Financial to launch co-branded Contactless RuPay credit card

Snapdeal has announced its partnership with BOB Financial and NPCI to launch a co-branded contactless RuPay credit card that aims to popularise the adoption & usage of credit cards among the growing number of online buyers from India’s smaller cities and towns. The co-branded credit card will be equipped with contactless features and will be offered on the RuPay platform.Snapdeal receives more than 86%

Algorithmic Biologics secures seed funding from Axilor Lab

Algorithmic Biologics Pvt Ltd (ABPL), a deep-tech startup building algorithms for molecular programming, today announced that it has received an undisclosed amount of seed funding from Axilor Lab. ABPL’s platform technology works as compression algorithm for molecular testing and has applications in healthcare, pharmaceuticals, agriculture, animal husbandry, food safety, synthetic biology, and molecular biology

Inflection Point Ventures leads Rs 6.5 Cr funding round for ORAI

Conversational AI platform ORAI has raised Rs 6.5 crore in a Pre-Series A round funding led by Inflection Point Ventures. The funds raised will be utilised in expansion in sales & marketing, to capture larger markets, product development and enhancements, and towards R&D. Speaking on the funding in ORAI, Vinay Bansal, Founder & CEO, Inflection Point Ventures said, “AI driven chatbot has

Wiz Freight secures Rs 20 Cr from Stride Ventures

India based full-stack digital freight company, Wiz Freight has raised Rs 20 crore from Stride Ventures. Wiz Freight is an end-end shipment management solutions provider that offer price discovery, booking management, shipment tracking, documentation, shipment finance and customer support. The company offers solutions across ocean, air and road freight. Speaking on the funding in Wiz Freight,

WaterBridge Ventures leads $3 Mn funding for Youth-focused neobank muvin

India’s indigenous youth-focused neobank, muvin has raised USD 3 million in a pre-Series A round led by WaterBridge Ventures, in participation from Alteria Capital and Krishna Bhupal (Co-Founder, Rational Pricing Technologies), and board member of GVK Power & Infra. Spearheaded by Co-Founders Vineet Gupta and Mukund Rao, muvin caters to both teens and young adults through its Rupay powered prepaid card and

Biz2Credit India appoints Anupama Garg as Senior VP & HR Head

Biz2Credit, provider of an online marketplace for small business funding, appoints Anupama Garg as Senior Vice President & Head - Human Resources (India). In her new role, Anupama will be responsible for the entire HR portfolio for Biz2Credit's Digital Lending Platform Biz2X in India and APAC. Her role will include, providing strategic direction to the people's agenda, building an enabling and inclusive

Co-living startup Settl expands its operations in Northern India

Settl, a technology-driven managed accommodation platform has announced its expansion to North India. It is establishing 4 new facilities in Gurugram, NCR, offering a total capacity of 200 beds. The accommodation start-up was born out of the need for a platform that enables convenient city living. In a short span of 18 months, it has already expanded to 22 properties across 3 cities- Bangalore,

India Mortgage Guarantee Corporation appoints Anubhav Verma as Chief Alliance Officer

India Mortgage Guarantee Corporation (IMGC), India’s first and only Mortgage Guarantee Company announces the appointment of Anubhav Verma as Chief Alliances Officer. In his new role at IMGC, Verma will be responsible for delivering IMGC’s revenue ambitions by on-boarding Banks, NBFCs, and Housing Finance Companies. He will also be responsible for product development and marketing strategy. Speaking on

Ascensive Educare Limited listed on BSE Startups Platform

Ascensive Educare Limited has become the 14th company to get listed on the BSE Startup Platform on January 12, 2022. Ascensive Educare Limited came out with an initial public offering of 8,68,000 Equity Shares of Rs.10/- Each (“Equity Shares”) For a Cash Price Of Rs. 26/- Per Equity Share (The “Offer Price”), Aggregating to Rs.2.26 Cr. The company completed its public issue on January 4, 2022. Ascensive

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