B2B TECH STARTUP
Matter Group raises USD 35 mn from US-based Helena, others Matter Group secures a significant USD 35 million Series B funding led by Helena, with plans to deliver advanced AERA electric motorbikes in India to address global climate challenges.
03 Jul, 2024, 03.54 PM ISTSaaS startup Rocketlane raises $24 million in funding B2B SaaS startup Rocketlane has raised $24 million in funding led by 8VC, Matrix Partners India and Nexus Venture Partners. The company will use the funds to launch new products, innovate its customer portal, and accelerate its AI plans, it said in ...
25 Jun, 2024, 04.47 PM ISTB2B fashion platform Zyod raises $18 million in funding Zyod's equity funding round was led by venture firm RTP Global, while the debt capital came from Stride Ventures, Trifecta Capital and Alteria Capital. In April last year, Zyod had raised $3.5 million in a funding round led by Lightspeed Venture.
25 Jun, 2024, 06.01 AM IST- ADVERTISEMENT
BoB aims to double tech team headcount to 3,000 by FY26-end State-owned Bank of Baroda plans to double its in-house technology team to 3,000 employees in the next two years, according to a top official. Currently, the team comprises 1,500 employees. The expansion will involve both regular hiring processes an...
23 Jun, 2024, 03.58 PM ISTHSBC estimates Prosus stake in ecommerce unicorn Elastic Run at $200 million HSBC, in a research note dated May 21, nearly halved the valuation estimate for B2B company Elastic Run, pushing its valuation below the $1-billion 'unicorn' mark. The startup, backed by SoftBank and Prosus, was last valued at $1.5 billion in 2022.
22 Jun, 2024, 02.01 PM ISTB2B marketplace ReshaMandi fires 80% of workforce amid fund crunch The B2B marketplace focused on silk products failed to secure Series B funding. Laden with over Rs 300 crore debt, it is facing court cases and may also be taken to insolvency court.
20 Jun, 2024, 09.29 AM ISTSupermoney bags $3.4 million in funding round led by Capital 2B, Capria Ventures The SME-focused digital lending platform will use the funds to expand its loan disbursement and operational efficiencies.
19 Jun, 2024, 07.22 PM ISTIIT-Madras revamps B Tech degree programme to offer flexibility Indian Institute of Technology, Madras has overhauled its B.Tech degree program to offer flexibility and entrepreneurship exploration, based on feedback from students and alumni. The updated program focuses on interdisciplinary learning, hands-on pr...
11 Jun, 2024, 05.20 PM ISTDispute with Raymach Tech settled: SpiceJet to NCLT SpiceJet Ltd settled a dispute with Raymach Technologies over ₹2.7 crore worth of unpaid dues at the National Company Law Tribunal.
07 Jun, 2024, 11.48 PM ISTManufacturing theme offers a diversified portfolio. Anthony Heredia explains how We believe the Production Linked incentive (PLI) along with the need for global corporates to de-risk their China play offers a secular opportunity that is likely to pan out over the next 3-5-7 years. Government is also monitoring the PLI implementa...
07 Jun, 2024, 09.04 AM ISTAdani One superapp clocked gross sales of Rs 750 crore in FY24 According to the 2023-24 annual report of the Ahmedabad-based conglomerate's flagship company Adani Enterprises, the user base of the superapp grew to 30 million at the end of the financial year. The company aims to expand the superapp's customer ba...
31 May, 2024, 05.26 PM ISTAgritech startup Fyllo raises $4 million in funding led by IndiaQuotient, SIDBI Ventures Over 8,000 farmers are availing of Fyllo’s AI-based prediction models that suggest efficient agricultural practices, on more than 50,000 acres and have consistently received 25% more yield, 80% export-quality produce, and 30% more income, the compan...
30 May, 2024, 04.10 PM ISTVolt Money partners with PhonePe for loans against mutual funds Loans against mutual funds are rapidly gaining popularity as a cost-effective alternative to expensive personal and business loans, by offering interest rates that are near to home loans.
30 May, 2024, 02.51 PM ISTB2B fintech startup Vegapay raises $5.5 million from Elevation Capital Vegapay had raised $1.1 million in its first institutional funding round in 2023 led by Eximius. According to the company, the newly raised fund will be used to enhance Vegapay’s product suite, focusing on product development and regulatory complian...
30 May, 2024, 06.00 AM ISTCathie Wood's Ark buys stake in Elon Musk's xAI: report Cathie Wood's Ark Investment Management purchased a stake in xAI, Elon Musk's AI startup valued at $24 billion, as reported by Bloomberg News.
29 May, 2024, 07.25 AM ISTElon Musk's xAI raises $6 billion in Series B funding round Elon Musk's artificial intelligence startup xAI has raised $6 billion in a Series B funding round backed by investors including Andreessen Horowitz and Sequoia Capital, among others, the company said in a blog post on Sunday.
27 May, 2024, 11.38 AM ISTWhy B2B brand building, marketing and sales is different from B2C Irrespective of geography, when it comes to B2B business development, start with a small, distinct, or well-defined set of prospects to go after.
22 Apr, 2024, 11.29 AM ISTDehaat joins B2B agrifood companies in launching consumer brand This development comes when venture capital-backed agriculture technology startups are struggling to scale margins on mainstay business and have pared workforces to cut costs.
11 Apr, 2024, 06.00 AM ISTCornerstone Ventures launches second fund with $200 million corpus The fund will have a 12-year lifecycle. The $200 million fund will offer flexible ticket sizes ranging from $5 million to $15 million in a mix of early- to growth-stage startups. It plans to invest in 15-20 startups with the latest fund.
10 Apr, 2024, 06.00 AM ISTB2B, manufacturing tech drove IPO market in past five years: report According to the latest ‘Digitizing Make in India’ report by Boston Consulting Group and venture capital firm Matrix Partners, within the B2B space, there had been 11 initial public offerings in the past five years in the specialty chemical industry...
13 Mar, 2024, 12.00 AM IST