Article on June 15, 2021
Classplus Valuation Crosses Rs 1,000 Crore
US-based platform GSV has led the Series C round with Rs 108 crore and acquired 10.75% in the six-year-old company.
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Dodla Dairy Mobilises Rs 156 cr From Anchor Investors Ahead Of IPO
The company has decided to allocate a total of 36,46,099 equity shares at Rs 428 apiece to anchor investors for Rs 156.05 crore, a circular uploaded on the BSE website showed
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Shyam Metalics IPO Subscribed 3.65 Times On Second Day
The IPO comprises fresh issuance of equity shares worth up to Rs 657 crore and a Rs 252 crore offer for sale by existing shareholders. Shyam Metalics has set a price band of Rs 303-306 a share for its Rs 909 crore-IPO, which will close for subscription on June 16
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Snapdeal Appoints Girish Koppad As VP, Head of Technology
'It's an exciting phase for consumer internet in India and I am looking forward to contributing towards Snapdeal's vision of an e-commerce platform with a distinct focus on value e-commerce, by building products and solutions to best serve millions of customers in India's metros, cities and beyond,” Koppad said.
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Udaan Invests Over Rs 4,000Cr In Supply Chain
Founded in 2016, Udaan has over 3 million users and more than 30,000 sellers on its platform. It has over 1.7 million, including retailers, Kirana shops, HoReCa, chemists, and farmers, and more than 5 lakh different products curated across 2,500 brands.
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Pilgrim Raises INR 13 Crore In Series A From Fireside Ventures, Others
The company is aggressively investing in building a high-performance, high-trust culture rooted in innovation for young talent
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Wherehouse.io Raises Seed Funding Led By Better Capital, Others
The first round of funding will facilitate this start-up to meet the requirements of contemporary e-tailers and the present market demand
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Winning Start-ups Of The US$100K FFA Award, Cargill And Thai Wah Prizes
The awards competition saw a 24% increase in the number of applicants this year, coming from 17 different countries. The 10 shortlisted start-up finalists pitched their innovations to a live global audience of over 550 industry stakeholders.
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Ixigo Launches Real-Time COVID-19 ‘Vaccine Slot Finder’
A user can further filter the search results by selecting the vaccine type (Covishield or Covaxin), and whether they are opting for a ‘free’ or ‘paid’ vaccine center. If a slot is available, they will be redirected to the Cowin website to book the appointment
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Flexmoney Raises USD 4.8Mn Series A Funding
Flexmoney’s mission is to address the enormous digital credit market opportunity created by the disruption from e-commerce, EMI and BNPL checkout finance, and the consumer shift to mobile-first payments and banking that has created an ecosystem-wide market gap for a mass-market digital purchase credit product.
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