Telecom

Reliance Jio To Raise INR 11K Cr From KKR
The latest investment values Jio Platforms at INR 4.91 Lakh Cr. Reliance Jio has raised over INR 78,562 Cr in the last month. KKR and Vista Equity Partner are the third-largest stakeholders in the company with 2.32% stake

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Ecommerce

Flipkart Gets $89 Mn Cash Infusion To Meet Demand In Lockdown 4.0
In April, Flipkart received INR 592.8 Cr from Singapore entity. Flipkart’s lockdown troubles had a negative impact on Walmart’s financial performance

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AI

Bharti Airtel acquires stake in conversational-AI tech startup Voicezen
The investment will give Airtel preferred access to Voicezen’s technologies, which can be deployed across its customer touch-points in multiple languages.

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HealthTech

Dabur India chairman Amit Burman invests in mental health startup
NWNT is a Delhi-based startup set up by psychiatrist Sandeep Vohra, which focuses on 'Emotional Wellness Index' with the help of AI, machine learning and data analytics.

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Saas

Professional women network leap.club raises $340K in a Pre-Seed round
Launched in May 2020 by former Zomato executives Ragini Das and Anand Sinha, leap.club aims to create more women leaders through a professional platform.

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Insurtech

Riskcovry raises pre-Series A round led by Bharat Inclusion Seed Fund
According to the founders, the funding will help them scale on the product-market fit and serve more enterprise customers across segments that enable both mainstream and alternative insurance distribution.

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SaaS

Startup Mobisy Raising INR 11.4 Cr From IndiaMART, Triton
Mobisy was founded in 2012 by Lalit Bhise . It is issuing 100 equity and 1,28,593 preference shares to IndiaMART, Triton is investing INR 1.4 Cr in Mobisy

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