Indian Startup Business in India on2021-05-25

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Article on May 25, 2021

Sentieo Raises $20M Series B Round

The round was led by Ten Coves Capital with participation from existing investors Centana Growth Partners and Studio Management. Ned May, a founder, and Managing Partner at Ten Coves Capital will join Sentieo’s board of directors. With this latest funding, Sentieo has now secured $62 million in total capital.

FarEye Raises $100 Million From TCV, Others

FarEye’s existing investors include Honeywell, Eight Roads Ventures, and Fundamentum also participated in this round. The new funding also includes a minor debt raise.

Atlan Bags $16 Mn In Series A Funding

The company plans to use the funding to expand its engineering and marketing verticals, current team strength, and double its team size by the end of 2021.

Scenes By Avalon Raises Pre-Series A Funding Round

With a growing rapid usage, the user base has been consistently expanding 70-80% per month for both DAUs and MAUs since its launch just 2 months back in March 2021.

Flipkart Strengthens Supply Chain With 23,000 New Hires

The company said in a statement it is also undertaking training programs for its direct hires in various aspects of the supply chain.

Endiya Partners Invest In Cell Therapy Company Eyestem

This investment will enable Eyestem to reach their goal of becoming one of the first few companies in the world to develop a treatment for Dry Age-related Macular Degeneration (Dry AMD), the leading cause of incurable blindness affecting almost 170 million people – mostly above 50 years of age – across the globe.