BigBasket Raises $50 Mn From Alibaba To Bring Supply Chain On Track
The funding will help BigBasket to meet the upsurge demand for essential products. BigBasket had already got a commitment from Alibaba for this funding. As of now, the company is operating around 50% of its capacity
HealthAssure Gets Funding Boost From Existing Investor Blume Ventures
The funds will be used for its expansion plans. HealthAssure has previously raised $3.5 Mn from investors like Blume and HR fund. The company is also offering Covid-19 tests currently
Former PayU India MD Jitendra Gupta’s digital banking startup Jupiter raises $2M
In November 2019, the startup had secured $24 million in a seed round from a number of venture capital firms including Sequoia Capital, 3one4 Capital, Matrix Partners and Beenext, as well as a clutch of top angel investors.