Startup’s Funding this week || wk 35,2021

India’s Khatabook raises $60 million to help merchants digitize bookkeeping and accept payments online

EdTech Startups

Education tech Khatabook, a startup that is helping merchants in India digitize their bookkeeping and accept online payments, said on Tuesday it has raised $100 million in a new financing round as it prepares to launch financial services.The startup’s new financing round — a Series C — was led by Tribe Capital and Moore Strategic Ventures and valued the two-and-a-half-year-old Bangalore-headquartered startup at “close to $600 million,” its co-founder and chief executive Ravish Naresh told TechCrunch in an interview.

Imagimake Play Solutions, which makes a range of innovative toys and games under the brand Imagimake, has raised an undisclosed round of financing from revenue-based financier Velocity.This is the second round of financing they have raised from Velocity, having previously raised Rs 4.4 crore in Pre-Series A round from Roha Investment Managers and angel investor Saumil Shah. The startup is gearing up for its next leg of growth with this financing.

NIDHI-SSS (Seed Support System) has funded four startups incubated by Research Innovation Incubation Design Laboratories (Riddl).   Department of Science & Technology’s incubator has invested in Pillpouch Healthtech Pvt Ltd,

DoubtBuddy Education Technology Pvt Ltd, Pocketly Infotech Pvt Ltd, and Swipe.  … DoubtBuddy Education Technology Pvt. Ltd which runs the Doubt Buddy app, a platform to resolve doubts. They serve the students with a hybrid model, so the students have an option to solve the doubt the way they want. The firm has over monthly active users of 7,000.  

Akudo, a learning-first neobank for teenagers in India, on Tuesday announced that it raised a Pre-Seed round from Y-Combinator, Incubate Fund India, and other Indian angels investors earlier this year.Founded in August 2020 by IIT Roorkee and BITS Pilani alumni Lavika Aggarwal, Sajal Khanna, and Jagveer Gandhi, Akudo is a digital bank for teenagers in India. …..- Deals Roundup – let’s know next about  FinTech findings  ….

FinTech Startup’s

Camp K12, the edtech startup focused on building a global online school for 21st-century skills, has raised $12 million in a Series A round co-led by Matrix Partners India and Elevation Capital. The company has seen growth in two new geographies, one new subject category, and a new group-class format launched over the past six months. Funds will be used to hire leaders across functions, hyperscale operations and marketing, and to build a world-class engineering and product team.6-Direct-to-consumer (D2C) startup

Imagimake has raised an undisclosed round of financing from, India’s largest revenue-based financier. This is the second round of financing they have raised from Velocity, having previously also raised Rs 4.4 crore in pre-series A funding round from Roha Investment Managers and angel investor Saumil Shah. Imagimake manufactures and distributes a range of innovative products – educational toys, games, puzzles, and 3D model-making sets – that help children in learning, education, and creative development.

Bengaluru based enterprise tech startup Syook on Tuesday announced that it has raised $1 million from Inflection Point Ventures and ONGC in a Series A round.The startup aims to use this funding to pursue growth in international markets, especially in the Middle East and Southeast Asia, and also enhance and scale up its engineering

Pocketly, a microlending platform for college students, has raised an undisclosed amount of funding. The marquee angels who led the funding round in personal capacity are Ashneer Grover (Founder, BharatPe), Jaimin Bhatt (CFO, Kotak Bank), Siddharth Somaiya (Founder, Organic Riot), and Gaurang Shetty (CEO, RIIDL). Other investors were micro VCs such as Prophetic Ventures, Dholakiya Ventures, RIIDL, and Scale VC. Now let’s tlak about Ai funding9 -Agritech robotics startup TartanSense has raised $5 million in Series A funding in a round led by FMC Ventures and Omnivore, with participation from existing investor Blume Ventures.This brings the total funds raised by the company to $7 million, after it raised $2 million in a seed round in March 2019.

Artificial Intelligence Startup’s

TartanSense builds small agricultural robots, equipped with AI-assisted computer vision, to help small farms reduce expenses and improve incomes. 10- Bengaluru-based deep-tech neuroscience startup

BrainSightAI announced on Tuesday that it has raised $750,000 in a Seed round led by Stanford Angels & Entrepreneurs India with participation from Entrepreneur First, Info Edge Ventures, and IKP Knowledge Park. The Company plans to leverage the capital to further its mission to enable greater precision in diagnosis and treatment planning of neuro-oncological and neuropsychiatric disorders.

Written by Srikanth

Passionate Tech Blogger on Emerging Technologies, which brings revolutionary changes to the People life.., Interested to explore latest Gadgets, Saas Programs

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