Author: StartUp Insider Desk

GupShup, an AI-based chatting platform, has become the 10th most successful unicorn of India in 2021 as it raised $100 million. First, this has raised $ 100 million from Tiger Global and is now estimated at $ 1.4 billion. Founded in 2004, the first fundraiser ended in 2011. The launch also meant that the current investment would be followed by a ‘second closure of the additional investment received by most investors.’ Gupshup is an innovative messaging platform that helps companies reach out to their customers. It was the first company WhatsApp Business met with around the world as a messaging…

After a spate of job-focused solid sales, marketing, and operations to try to protect their money in 2020, startups are now looking to introduce new products, increase tech skills and increase leadership as they grow. Armed with new funds and on the path to solid growth, startups are looking for technology and leadership roles, especially in edtech, e-commerce, software-as-a-service (SaaS), and fintech, a significant amount of value. Edtech startup Byju’s plans to hire 6,000-8,000 people over the next 12 months, including top executives, to lead its programs. “As we expand our horizons, we plan to increase our employment in the…

Oyo Rooms, a hotel room hiring startup led and founded by Ritesh Aggarwal, has recently come into the matter of ‘contractual dispute.’ The company states that an “angry disputer” has reportedly filed a case of Rs. 16 lakh against the $9 billion startups. “Since NLCT has approved an application by OHHPL for a company under OYO for a fee of 16 16 lakh in a contract dispute, which is not even the case with the sub-company. We have complained. This matter is being judged, and we will stop commenting on this matter for now,” said an OYO spokesperson. OYO also…

India has become the fastest-growing country in open-source donation since it added 1.8 million developers to GitHub last year. It has now become the best code hosting platform. GitHub officially launched its operation in India in February 2020. The local community now has 5.8 million developers, who have built 7,300,000 shelters. According to a statement released Friday, more than a million developers have made their first archive in Github India in time. “We currently have about 200 employees in India. Since we launched the office in February last year, we will continue to grow at a good rate,” said Erica…

Educational toys startup Playshifu has recently raised $7 million in funds. Playshifu raised the funding in a series Cyata led by Chiratae, Inventus Capital, and Bharat Innovation Fund. The previous IDFC-Parampara Fund has also contributed to this cycle. Founded in 2016, PlayShifu offers physical toys that go hand in hand with mobile devices to create unpopular taxpayer activities that we see in geography and STEM courses. These kits start at $ 49.99 each. According to VentureBeat, the company says it has reached more than 100,000 children in the U.S. and plans to enter the school market this year. It is…

Apple CEO Tim Cook has recently appreciated Tesla founder and CEO Elon Musk in an interview. The two renowned CEOs have always made it to the top of the charts with their revolutionary ideas and to see beyond just the growth of the company. Late last year, around December, Tesla and SpaceX CEO Elon Musk revealed that he had contacted Apple CEO Tim Cook during Tesla’s darkest days. At the time, Musk wanted to sell Tesla to Apple, but Cook had not yet met him. In a recent interview, Cook shared a little about what he thought of Tesla and…

Dilip Modi, Founder, Spice Money said with the appointment, “Sanjeev has helped to build a culture of growth and success within Spice Money which has given the team the power to establish with love and determination every day. and financially, Sanjeev will bring a deeper focus on achieving this and the development of strategies and practices that help us expand our businesses in many ways. May Sanjeev Kumar has continuous success in his path and achieves greater heights.” With his appointment, chief executive officer Sanjeev Kumar, Spice Money, said, “I am delighted and excited to have this opportunity to lead…

R. Balasubramaniam, the founder of the Swami Vivekananda Youth Movement (SVYM) and Chairman of the Grassroots Research And Advocacy Movement (GRAAM), Mysuru, has been appointed a member of the Capacity Building Commission (CBC). The CBC is mandated to harmonize training levels and to build the intelligence and resources allocated as part of the “Mission Karmayogi,” the National Program for Civil Services Capacity Building (NPCSCB). CBC, a fully-fledged Special Purpose Vehicle (SPV), designed and operated an online learning platform and provides a world-class learning market, will also be involved in managing all training institutions, according to the IGRAM document. The Union…

An $800 million funding round will be closed in favor of Swiggy, a food delivery platform in India. Amansa Capital, Falcon Edge Capital, Carmignac, Think Investments, and Goldman Sachs are some of the new investors that will be joining this venture. The company’s current valuation is $3.6 billion, but the new valuation will be close to $5 billion from this new funding. Investors present Prosus and Accel will also participate in the Series J round, said one of Swiggy’s founders and Chief Executive Officer (CEO) Sriharsha Majety in a letter to staff. This heavily registered the fundraiser because investors felt…

Mahindra and Mahindra groups ltd. CEO Anish Shah is planning to revive the company’s growth in FY21. The company is famous for producing heavy machinery vehicles and is planning to build electric cars for the betterment of the future in the upcoming times. Shah worked as the financial officer of M&M groups before taking the position of CEO. He mentions in an interview that the company is planning to make growths as of now rather than doing something revolutionary. In the past few years, the growth has been stagnant, which has not made any good progress. Shah, 51, has a…