Ensuredit raises funding to assist insurance intermediaries earn better revenue

Gurgaon and Bengaluru-based insurtech startup Ensuredit has raised $4.2 Mn in its  Pre-Series A funding round led by Cover Genius.  T...

Tuesday, 05 July 2022, 12:26 Hrs

Meghalaya earns 'Best Performer' award in National Startup Rankings-2021 along with Guj, K'taka

Meghalaya, along with Gujarat and Karnataka, on Monday won the 'Best Performer' award in the National Startup Rankings-2021, officials said...

Tuesday, 05 July 2022, 03:30 Hrs

Gujarat, Karnataka among best states in offering strong ecosystem for startups: DPIIT ranking

Gujarat and Karnataka have been ranked as the best performers in developing startup ecosystem for budding entrepreneurs, according to the ranking o...

Monday, 04 July 2022, 11:53 Hrs

Iron Pillar to secure $400 mn to empower Indian tech startups: Report

Leading investment company Iron Pillar, which backs tech startups in India, is reportedly raising nearly $400 million to further help boost the cou...

Monday, 04 July 2022, 09:47 Hrs

Lenskart valued at $4.5 billion after novel financing

Omni-channel eyewear brand Lenskart has been valued at $ 4.5 billion-- rising by over a third—as it closed a $200 million funding round led by Alpha Wave Global (previously Falcon Edge), according to a person briefed on the matter. This in an 80% expansion in value for the company, which was last valued at $ 2.5 billion following the c...

VC firm Bertelsmann to invest $500 mn in Indian startups

VC firm Bertelsmann to invest $500 mn in Indian startups

Bertelsmann India Investments (BII) on Tuesday announced to invest around $500 million to new startups in the country along with follow-up investments and plans to open offices in Mumbai and Bengaluru. The venture capital arm of German media company Bertelsmann, BII will steps up investment activity to six-eight new investments per year in t...