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Billionaires, startups team up to fix broken Indian health care
Shocking videos of coronavirus patients lying next to corpses in overrun hospitals and ambulances with critically-ill driving around in search of hospital beds have conferred fresh impetus to the task of rescuing Indian health care.
GramCover raises Pre-Series A funding from EMVC, Flourish, others
GramCover is creating an ecosystem for delivery of insurance products inclu...
Bijak raises $12 million to enhance tech team, roll out new features
Thousands of buyers and sellers across more than 500 locations use the B...
Omidyar Network India announces Rapid Response Funding for Covid-19
Omidyar Network announced a rapid response window to fund proposals that will support the 60% of India's income distribution in managing and help in mitigating the challenges that come with Covid-19.
Migrants and companies get help to bridge the distance
Remittance provider PayNearby has tied up with the Retailers Association of India (RAI), state government Building and Other Construction Workers (BoCW) databases and other industry bodies to set up the registry — and offer jobs to those registering on the platform.
Telemedicine collective StepOne makes it to Aarogya Setu Mitr
Launched in March 2020, StepOne represents the largest number of nationwide volunteer doctors, 21 startups, and active citizenry to power state government helpline numbers to combat Covid-19 and mental health issues. It operates in seven states including Karnataka, Punjab, Maharashtra, Odisha, Chattisgarh, Madhya Pradesh, and Nagaland.
Byju parent makes $300 million cash offer for WhiteHat Jr
The company, which is valued at about $10.5 billion, has been on a capital raising spree over the course of the current calendar year, with a significant portion of the proceeds expected to be utilised to fund acquisitions, across markets, as it ramps up its bouquet of products, and enters new geographies.
Shared mobility startup Bounce raises $105 mn in fresh funding
Bounce currently operates its dockless scooters in Bengaluru and Hyderabad with a fleet of 13, 000 and 2, 000 vehicles respectively. It's docked scooter rental service is available to commuters in over 35 cities.
Edu loans platform Credenc raises $2.5 mn seed funding in round led by Omidyar Network India
The company plans to use the funds to expand operations to a 1000 colleges across 50 cities over the next two years.
Kaleidofin raises Rs 36 crore series A round led by Oikocredit
Founded in 2017 by Sucharita Mukherjee and Puneet Gupta, Kaleidofin provides curated, goal-based financial solutions to people in the underbanked segments. Solutions typically offered comprise of a combination of savings, investment, credit, and insurance products.
Agritech startup Bijak raises $2.5 million from investors
Omnivore is a venture capital (VC) firm, based in India, which funds entrepreneurs building the future of agriculture and food systems. Omnivore has backed over 20 agritech startups since 2011.
Top investors line up to evaluate $50 million round in WhiteHat Jr
According to sources aware of the developments, GIC, the sovereign wealth fund of Singapore, Renuka Ramnath-led home-grown private equity firm Multiples Alternate Asset Management and marquee venture capital firm Sequoia Capital, are among those considering an investment in WhiteHat Jr.
Unusual Insurance: How startups are changing the insurance game
A number of tech startups are selling micro insurance covers — for broken spectacles and a missed flight.
ACT Grants partners with Gates Foundation, MSDF & Wadhwani Foundation for combating COVID-19
ACT Grants said it has brought together the collective strength of over 50 venture capital firms, 40 start-ups and some of India's entrepreneurs in the fight against COVID-19.
Former Discovery India head’s EdTech startup raises $10 million in Series A round
Nexus Venture Partners, Omidyar Network India and Owl Ventures have funded Karan Bajaj-founded WhiteHat Jr.