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Article on January 14, 2021

Smile Incubated Zupee Raises USD 10M

This is the second round of funding secured by Zupee within the last 9 months.

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Wright Research Raises Pre-Seed Funding From BRTSIF

Wright Research will utilize the funds to clear some basic administrative prerequisites, scale up its business through digital promotion and marketing, institutional associations and data procurement.

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Drip Capital Surpasses USD 1 Billion In Cross-Border Trade Receivables Financing Transactions

To date, Drip has issued USD 150M in Notes, the company has reported zero principal losses and has made USD 6M in monthly interest payments to its debt investors since inception.

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PM Narendra Modi To Address Startup India International Summit On Jan 16

Prime Minister Narendra Modi on Saturday will interact with startups and address a global summit being organised by the Ministry of Commerce and Industry, according to the Prime Minister's Office (PMO).

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Ergos Receives Fresh Funding Of Rs 22.5 Cr From CDC Group

The agritech startup has been building a grain bank model that has been piloted in Bihar, which enables farmers to digitise their foodgrain and also provides them doorstep access to end-to-end post-harvest supply chain solutions by leveraging its technology platform.

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Rapyd Raises USD 300 Million In Series D Funding

The new funds will be used to expand the company’s global fintech and payments platform and enable strategic acquisitions. Furthermore, Rapyd is also exploring additional strategic acquisitions in the Americas, Asia-Pacific and Europe, Middle East and Africa.

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Rage Coffee Raised Growth Funding From GetVantage

With this new funding in place, Rage Coffee is on track to expand distribution through approximately 3,000 outlets nationwide and achieve 5x growth in sales by the end of 2021.

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Lucknow Based Startup Knocksense Raises USD 200K

The round was led by Mohit Satyanand's syndicate on Let's Venture, We Founder Circle and other marquee Investors participated. Knocksense plans to invest these funds in improving its IT infrastructure and strengthening the content team.

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