3rdFlix Visual Effects Pvt Ltd, which operates edtech startup Practically, announced on Tuesday that it has raised $4 Mn in a pre-series B funding round. Siana Capital spearheaded the round while existing investors YourNest Venture Capital and Exfinity Ventures had also participated in the round.
Practically's founding team
The company said in the press release that it…
Over the last decade, several international investors have thronged India to repose their faith in the Indian startup industry. Seoul headquartered financial services group Mirae Asset has also been one of the most active international investors in India’s startup ecosystem. over several years, it has backed many unicorn startups including Zomato, BigBasket, ShadowFax and Ola.
VC…
Unacademy has wrapped up 2020 by acquiring yet another promising edutech startup NeoStencil. This is Unacademy’s sixth acquisition this year, having acquired CourSavy Kreatryx, PrepLadder, Mastree and CodeChef earlier this year.
Unacademy’s CEO and cofounder Gaurav Munjal broke the news on his personal Twitter account. He wrote on his Twitter handle that he has known NeoStencil’s…
Travel startup Tripoto clocked a loss of approximately 11 Cr as the company managed to control its expanses while revenue increased only marginally. As per the regulatory filings accessed by Techpluto, Tripoto earned roughly revenue of 11 Cr in FY20 as compared to INR 9 Cr it earned in FY19.
Logo of travel startup Tripoto
As for…
SaaS platform ClientJoy has announced that it has raised $800K in pre-series A round from early-stage venture capital firm from GVFL (Gujarat Venture Finance Limited). Based in Ahmedabad, ClientJoy offers Client Life-Cycle Management Software for Freelancers and Agencies.
Photo of ClientJoy Team
The company has said that the capital infusion will be used to grow Sales, Marketing…
Saif Partner’s MD Alok Goel won’t be a part of Saif Partner’s seventh fund that the VC firm announced barely few hours ago. This is because Goel has decided to put down his paper after spending nearly five years at the Gurgaon headquartered VC firm. He will be now pursuing an independent entrepreneurial journey. Goel…
Edtech major Byju’s has been in the thick of actions in 2020 despite the fact that the global startup industry has been reeling under the pandemic effect. The edtech unicorn raised massive funds through success funding rounds from global investors to become one of the most sought after Indian startup amid the pandemic.
Now after pulling…
Gurugram based logistic company Delhivery has provided partial exit to its multiple existing investors. In a board meeting held last month, the unicorn logistic firm agreed to convert 6, 40,000 preference shares held by existing investors into equity shares, the regulatory filings showed.
These fully diluted 6, 40,000 preference shares were allotted in a segregated manner…
Over the last few months, there has been a trend to elevate top executives to the position of co-founder. Zomato and Rebel Foods did it and now Mobikwik has followed the suit.
Digital Wallet and Payment company MobiKwik has elevated Senior Vice President Chandan Joshi to the position of co-founder. Joshi is the third person to…
The world has changed drastically in the aftermath of coronavirus onslaught that has brought several unforeseeable challenges to grapple with. One of these unforeseeable challenges happens to be contactless retail shopping, which is immensely critical for keeping us 100% safe in the post-pandemic era.
Just as the world was trying to find ways to encourage contactless…
