Nayya nabs $55M to expand its recommendation and personalization engine for healthcare and other benefits
Digital health came into its own during the COVID-19 pandemic, providing a socially distanced way for people to use apps, smartphone cameras, wearables and web services to connect with physicians and handle many other tasks that previously would have required attending meetings in person. That’s opened the door to a number of other online tools […]
Fintech startup Kuhoo raises $20M in seed round from West Bridge
Student loan fintech platform Kuhoo said it raised $20 million in a seed round from West Bridge Capital. Named after the sweet sound of the bird Cuckoo, Kuhoo is the brainchild of former ICICI, HDFC Credila, and InCred executive and banking veteran Prashant A Bhonsle. The gap between the increasing cost of education and affordability […]
M-KOPA raises $75M as it clocks 2 million customers across four African markets
A 2019 World Bank report says 85% of Africans live on less than $5.50 per day. A large percentage of these adults are unbanked and underbanked; thus, they don’t have access to credit and can’t afford important purchases outright. M-KOPA’s financing platform has proved helpful to this set of users since launching as an energy […]
Starship Technologies raises another $42M to fuel the growth of its fleet of self-driving delivery robots
Starship Technologies, one of the bigger players in the world of autonomous delivery robots — the small, boxy vehicles that self-drive around cities and closed campuses delivering food and other small items — has raised yet another round of funding, just 30 days since its last financial infusion. The company, founded and developed in Estonia […]
Stämm Biotech raises $17M for its next-generation, 3D printed bioreactor
In the past year, there’s been a lot of hype around biomanufacturing — from growing cell-based meat to microbe-powered medicine manufacturing. But none of synthetic biology’s darlings can exist without one key piece of equipment: a bioreactor. While the world debates how best to bring biology-fueled manufacturing into existence, one company is already rethinking its […]
Locofast raises $15M from Chiratae, Stellaris, others
Locofast, a fashion supply chain platform, raised $15 million, in a Series A funding round, from Stellaris Venture Partners and Chiratae Ventures. The round, which is a mix of debt and equity, also saw participation from Kris Gopalakrishnan-led Axilor Ventures and angel investors including fintech firm Uni’s Nitin Gupta, and Suhail Sameer — BharatPe’s chief […]
Weee! delivers second big funding round in a year, this time backed by SoftBank
Coming off of a year where monthly active users grew 150% year over year, multicultural e-grocer Weee! secured $425 million in Series E funding toward its goal to be “the primary source for food at home,” Larry Liu, Weee!’s founder and CEO, told me. It’s been a few years since we dug into what the […]
Vedantu raises $100M, enters unicorn club
Edtech startup Vedantu announced that it has raised $100 million in a Series E round led by Singapore-based ABC World Asia. Existing investors Coatue, Tiger Global, GGV Capital, and WestBridge among others also participated in the round. With the fresh round, Vedantu’s valuation stands at $1 billion, making it the latest entrant in the unicorn […]