DefenceTech
Startup BBBS raises $1M through Mumbai Angels Network

The Chennai-based startup had earlier received investment to the tune of Rs 5 crore from an individual investor.

Yourstory
 

B2B
Bulk MRO raises up to Rs 25Cr in debt financing led by Stride Ventures

Stride Ventures had previously announced fresh investments into CredR, a used two-wheeler market place; LetsTransport, a logistics marketplace; and a second investment in Stellapps, a dairy-tech firm.

Yourstory
 

AI
Tech startup Inspektlabs raises $600,000 in pre-Series A funding from Better Capital, Titan Capital

The US and New Delhi-based startup will utilise this funding for product development, and to increase its breadth of offerings for insurance and automotive players across the globe.

Yourstory
 

EdTech
BYJU’S May Be In Talks To Acquire Edtech WhiteHat Jr, Doubtnut

BYJU'S is looking to spend $300 Mn for WhiteHat Jr and $150 Mn for Doubtnut
WhiteHat Jr is in talks to raise $50 Mn at a $350 Mn valuation for investors as well
BYJU'S is currently leading the edtech market with 57 Mn users
 

Inc42
 

FinTech
SoftBank Pumps In $130 Mn Into PolicyBazaar At $1.5 Bn Valuation

SoftBank has made its latest investment in PolicyBazaar for a 15% stake. In 2018, SoftBank had led $200 Mn Series F round of PolicyBazaar. SoftBank had decided to financial support risky companies due to its mounting losses
 

Inc42
 

RetailTech
Startup Gobbly raises seed funding from Sauce.vc

Rudraksha Tech Labs Pvt. Ltd, which operates contactless retail-tech startup Gobbly, has raised $500,000 (Rs 3.7 crore at current exchange rate) in seed funding.
 

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Mobility
Deepika Padukone-backed Blu Smart raises funding from Mumbai Angels, others

Blu Smart Mobility Pvt. Ltd, an electric taxi-hailing and riding platform, has raised Rs 37 crore (nearly $5 million at current exchange rate) in a pre-Series A funding round, according to a report.


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