Koo, an alternative app to Twitter, has raised an investment from Silicon Valley investors. The app is made in India and is available in several languages for the convenience of its users. Koo collected investment from prominent Silicon Valley investors Naval Ravikant, former Twitter and Clubhouse investors, Balaji Srinivasan, former CTO Coinbase, and general partner Andreessen Horowitz. According to some reports, the company’s upcoming financial cycle could be led by Tiger Global at the cost of $ 100 Mn. Moneycontrol first reported progress. Aprameya Radhakrishnan, the CEO, and co-founder of Koo, said Ravikant and Srinivasan had invested in the company…
Author: StartUp Insider Desk
Easebuzz, an India-based startup, has recently raised $4 billion in funding. It is a payment-based startup located in Mumbai. The seed funding rounds were led by Varanium Capital, 8i Ventures, and Guild capitals. Former Citrus Pay founders Amrish Rau and Jitendra Gupta also took part in the cycle. According to the company, the new funding will strengthen the product team, improve sales and marketing efforts and provide an interface-based programming interface (APIs) to small and medium-sized businesses. “From the beginning, our DNA product was designed to eliminate conflict throughout the Indian SME collection. This set of concepts allowed us to…
“Success is not really shaped by genes”. This is as true as the success story of Mr. Rajesh Chauhan and Aman Singh, the two hardworking souls who are a big inspiration for every budding entrepreneur. When you are a student, you are financially dependent on your parents. You hesitate to ask for money every now and then to feed your expenses. At some point in time, you feel the need to make some bucks of your own, for which you think of a variety of options, blogging is one of them. But a career in blogging is not that easy!…
Since TikTok has been banned, many people are finding it difficult to find their entertainment sources. TikTok was banned on June 29, 2020, due to the ongoing tension growing between the Indo-China border. Since then, people have been demanding some new alternative to the app. Chingari, a homegrown short video app, has been recently launched. Sources suggest that it might replace TikTok in the near term, and We can see PM Modi’s mission of Make in India to be getting successful with the launch of this new app. Bollywood actor Salman Khan has been announced as Chingari’s brand ambassador, and…
Five co-founders are run Delhivery, one of the most popular logistics startups in India. Recently, Delhivery announced its Initial Public Offerings (IPO) in the market. But the twist came when two of the five co-founders stepped out of the company ahead of its IPO launch. According to a Times of India report, Bhavesh Manglani and Mohit Tandon have been “out of work” and have been dubbed ‘retirement / unemployed.’ The rescheduling is done as promoters have time to lock up before selling their shares behind the list. Other founders of the clothing company are Sahil Barua, Kapil Bharati, and Suraj…
Perpule, a four-year-old Indian startup, has been acquired by Amazon. According to Techcrunch, an all-cash deal of $14.7 mn was made for the selling of the company. Additional $5 mn are also going to be compensated by an American e-commerce platform- Behemoth, for the compensation of Perpule’s employees. Perpule offers a portable payment device to offline merchants to accept digital payments and re-attend various app stores, including those made by Paytm, PhonePe, and Google Pay in India. “A new POS cloud-enabled cloud has been designed by Perpule that enables physical stores to manage and run their inventory much better, opt-out…
Amazon is all set to make a retail war against India’s and Asia’s richest man, Mukesh Ambani. It has already contributed and invested billions of Dollars in Indian firms and now planning to do some more. Perpule, a US-based retail-tech startup, has recently been acquired by Amazon. The report says that nearly $14.7 mn has been paid to the company. Amazon already has its powerful grip in almost every sector like music, e-commerce, etc., and can soon take over significant sectors in India. The 2016 founded company- Perpule has claimed to build their self-checkout system for their Indian users. It…
BYJU’s an Indian startup made for the kids to provide them with quality education through video lectures, has become the second-highest valued Indian startup after Paytm. Recently, BYJU’s have raised Rs. 3,328 crore funding in the series F-rounding of startups. The fundraising cycle, which cost BYJU’S $ 13 Bn, was led by MC Global Edtech Investment Holdings with Eduardo Saverin’s B Capital B cofounder and others’ participation. Tiga Investments, TCDS India LP, Arison Holdings, XN Exponent Holdings, Baron Emerging Market Fund, and Baron Global Advantage Fund also participated in this cycle, all collecting a 1.21% share in the company. According…
OlaCabs, or simply known as Ola, was found by Bhavish Aggarwal, one of India’s most popular CEOs and an IIT-Bombay graduate. Like any other online marketplace for various or specific commodities, Ola is a cab aggregator that provides cabs for traveling within or outside the city. Bhavish earlier used to live in Mumbai but later shifted to the startup hub of India, Bangalore. After some time, Ola became one of India’s most popular startups, stretching to various other countries and competing with another popular Cab provider Uber. Bhavesh’s early life He was born in Ludhiana, Punjab. At merely the age…
Domaining- the buzzing word in the business world today, has been one of the most lucrative online businesses that sound interesting and has been considered profitable to many out there in the field. While Domaining as an online business has been flourishing across the Globe for years, it is yet to capture the market in the South Asian Region. However, the South Asian Region has shown rapid growth in the number of domaining enthusiasts who have been making highly appreciable acquisitions and remarkable sales in their learning phases. With more & more businesses getting online, the choice of a domain…