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Article on August 19, 2021

Gyde raises $ 250,000 in Seed funding round from Better Capital & Ashish Achrekar

Started By Prasanna Vaidya and Shubham Deshmukh in 2019, Gyde has been working with enterprises & growing companies with a vision to assist software users like never before

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BharatPe raises Rs 200 cr in debt from IIFL Wealth, Northern Arc

BharatPe has raised a total of over Rs 500 crore (about USD 70 million) in debt at competitive rates, in the year 2021, a statement said. It plans to raise USD 250 million in debt by the end of FY22, it added.

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AgNext Technologies Raises USD 21 Mn

The Series A round was led by Alpha Wave Incubation (AWI) fund, which is backed by DisruptAD and managed by Falcon Edge

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Shoptimize Sees A 500 Crore GMV Uplift In D2C eCommerce Sales Through Its Accelerator Program

Through this program, Shoptimize estimates that the selected brands will be able to drive a combined annual GMV of INR 500 Crores via their D2C eCommerce channel

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Clear Invests $15M To Build MaxITC For Businesses To Save Input Tax Credit

As per a survey of 200 enterprises by Clear, big enterprises are losing up to 8% of their working capital. Vendor noncompliance and delay in filing GST by vendors is the biggest reason for this inefficiency

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SkillEnable, What's Happening On Their Platform

Despite only a small proportion of our workforce being skilled, look at our country’s incredible growth story. A large part of our population could not access quality education as they did not have the financial resources to do so. If we can financially enable our workforce and help them gain valuable skill sets, the potential for India is unlimited.

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HR Tech Startup Hiration Raises INR 21 crore to offer AI-Powered Career Platform for Job Seekers

Hiration uses AI to help professionals in creating resumes 4 times faster, which gets them double the shortlists. It has already served over 500,000 customers and more than 75 universities globally

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Smartworks Leases 5.6 Lakh sq ft Office Space In Pune; Invests Rs 150 Cr On New Centre

The new center, with a capacity of over 8,500 desks, has been set up with an investment of around Rs 150 crore, Smartworks said. The new coworking center will become operational in September. Around 40 per cent area has already been given on lease to corporate clients

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BatteryPool Raises Funds From Indian Angel Network (IAN) And Venture Center

The freshly infused capital will be utilized for scaling up BatteryPool’s business development efforts and adding new fleet charging products to its portfolio

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Shadowfax Technologies appoints ex-Flipkart official Sumit Pilankar as VP Engineering & Technology

With over 17 years of rich experience in the technology industry, Sumit will be taking charge of spearheading the engineering and technology unit and will be reporting to Vaibhav Khandelwal, Co-founder & CTO, Shadowfax Technologies

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