Cellestial an Electronic tractor startup raises USD 500 k in pre-series A round
Cellestial, Hyderabad based e-Mobility startup, has announced that it raised USD 500,000 in pre-Series A funding, which makes the startup at a valuation of USD 35 million. This round was led by the founder of UpCapital Investments, Ashik Karim, a Canadian EV financial group. This round also saw the participation of Gurj Aujla and a few more High Networth Individuals...
FarMart a Gurugram based startup raises USD 2.4 million
FarMart, a Gurugram based agritech startup, raised USD 2.4 Million in a pre-series A funding round on Thursday. This round was led by Omidyar Network India and Avaana Capital. This round also saw the participation of existing investors like LetsVenture and the Indian Angel Network. FarMart stated that it will use the fundraised amount into focusing on the expansion of the...
FanCode a digital sports platform raises USD 50 million
FanCode, a digital sports platform, announced that it raised USD 50 Million in a funding round on Thursday (27.05.2021). The funding round was led by Dream Sports investments (DSI), an investment arm of Dream Sports. Dream Sports is the parent company of FanCode. The company will use the fund raised to expand its reach with new customers and increase its...
Mumbai based Kodo raises USD 8.75 million
Mumbai based fintech startup Kodo announced that it raised USD 8.75 Million in a seed funding round on Thursday, 28th May 2021. The funding round saw participation from investors like Brex, Pioneer Fund, and Goat Capital. Some of the silicon valley investors also took part in the round. The startup stated that it would utilize the funds raised to strengthen...
Autonomous truck driving startup Kodiak Robotics partners with South Korean conglomerate SK group
US-based Kodiak Robotics, a self-driving truck startup, announced on 26 May 2021, that it is partnering with the South Korean conglomerate SK group. It is looking forward to expanding and deploying its autonomous vehicle technology in Asia. Aim of the partnership: · Sell and distribute Kodiak’s self-driving technology in the Asian region. · Kodiak to examine how it can use...
Famous shark investor Mark Cuban invests in Indian blockchain startup Polygon
India-based blockchain technology company Polygon raised an undisclosed amount of funding from US-based tech billionaire and serial startup investor Mark Cuban on 27 May 2021. About Mark Cuban Everyone knows Mark Cuban from the famous American reality TV show Shark Tank where he is one of the main shark investors. He is an American billionaire entrepreneur, television personality, media proprietor and...
Modern Monetary Theory: A Primer
What if the government could eliminate unemployment while simultaneously keeping inflation under control? That’s basically what MMT aims to do.
Get My Parking raises $6M in a funding round
Bengaluru based, Get My Parking (GMP), a mobility and smart parking startup, announced that it raised USD 6 Million in a funding round on 27th May 2021. The funding round was led by IvyCap Ventures. The round saw the participation of the IAN Fund, which are existing investors in the company. Masterkey Holdings was the investment banker in this...
Personal care startup Clensta raises USD 688K
On Thursday, 27th May, Clensta a New Delhi based startup, which focuses on personal care and homecare space, is backed by IIT Delhi, announced that it raised USD 688 K in debt fund round. This funding round was led by the N+1 Capital. The fund raised will be used for extending up the upcoming homecare category, the company stated in...
Gaming Payments platform Tiv raises seed funding from 4490 Ventures
US-based Tiv, a new payments platform dedicated to the gaming community, raised US$ 3.5 million in a seed funding round on 26 May 2021. Investors: The funding round was led by 4490 Ventures. Other participants in the round include Silverton Partners and many angel investors. The funding represents the first institutional capital raised after self-funding the company since inception. Purpose of...
