Agritech
Startup Clover raises Rs 7 Cr in debt from Alteria Capital

The current funding is on top of the Rs 39 crore ($5.5 million) raised in the Series A round from Accel, Omnivore, and Mayfield announced in February 2020. Clover partners with farmers across India and markets premium quality, branded, greenhouse-grown fresh produce through B2B and B2C channels.

Yourstory
 

Health-tech
Phable raises $1M in ongoing pre-Series A round

The startup expects to use the funds to expand to new cities in India, as well as boost its tech capabilities. Phable operates by creating an ecosystem of patients, doctors, hospitals, health devices, insurance and patient-care service providers.

Yourstory
 

Other
Whatfix’s Khadim Batti Talks Selling Indian SaaS Globally, Covid-19 Impact & More

Whatfix started building its SaaS product in Bengaluru
95% of the clients of Whatfix are from outside India while the US accounts for 75% of the revenues
Batti expects that pandemic will boost the sales as remote working is becoming the new normal
 

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Other
SIDBI Launches SME Service Platform To Boost Digitisation, Credit Access

The platform will list free automated tools to allow MSMEs to work remotely
It will allow businesses to list warehouses for inventory management and provide logistics support
There are an estimated 48.8 Mn MSMEs in India, employing over 111 Mn people, as per government data
 

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Other
WhatsApp Payments Sets The Wheels Rolling By Partnering With 4 Banks

After two years of speculation, WhatsApp is likely to launch its digital payments platform in India by May-end. WhatsApp Payments has reportedly partnered with ICICI Bank, Axis Bank and HDFC Bank while public sector State Bank of India (SBI) will join at a later stage to enable unified payments interface (UPI) transactions on the platform.


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