# S T A R T U P M O N K
E-learning Platform Vedantu raises $24 Million from another C Series Funding Round.

E-learning Platform Vedantu raises $24 million from another C series funding round. Bengaluru based Vedantu has raised $24 million in a Series C funding round led by GVV capital and other investors as well. It has raised in total $66 million through multiple funding rounds. The Indian online Education landscape was disrupted by Byju's and Vedantu a few years

PayTM Money on the Rise with Fresh Rounds of Funds Raising of Rs 40 Crore

PayTM Money on the Rise with Fresh Rounds of Funds Raising of Rs 40 Crore PayTM Money has received Rs 40 crore from its parent body One97 Communications as part of the Rs 250 Crore commitment it had received six months back. PayTM Money has received Rs 40 crore from its parent body One97 Communications

Online Furniture Start-up Pepperfry Raises $40 Million in Series F Funding led by Pidilite

Online Furniture Start-up Pepperfry Raises $40 Million in Series F Funding led by Pidilite  Pepperfry raised $40 million in funding which was lead by Pidilite Industries, the makers of popular homegrown adhesive brand Fevicol.  The Mumbai based online furniture retailer Pepperfry has successfully raised $40 million in Series F funding, led by Pidilite Industries, the

General Atlantic pumps money into Byju’s ongoing funding round

Bangalore based Edtech startup Byjus operated by Think and Learn Pvt. Ltd.,  recently said it has raised an undisclosed amount of funding from General Atlantic, an existing investor in the company. Founded in 2008 by Divya Gokulnath and Byju Raveendran, Byju’s offers a learning app, which was launched in 2015 and has learning programmes for

Indian start-ups continue to be the focus of China’s Shunwei Capital and Xiaomi

Shunwei Capital, founded by Xiaomi founders Lei Jun and Tuck Lye Koh, which manages assets of about $3 billion has co-led a $5.5 million (about Rs 40 crore) investment round in regional language podcast app Kuku FM. This marks their first deal, in the new calendar year, in the Indian startup ecosystem for the two

Long awaited “WhatsApp Pay” all set to go live

WhatsApp finally seems ready to launch its 'WhatsApp Pay' payment services after it received the Indian Government's nod for go-live of WhatsApp Pay. It is planning to roll it out in a phased manner after being restricted to beta testing with among 1 million of its user base. WhatsApp, the hugely popular messaging app, founded

Uber announces first-ever quarterly profit by the end of year

Uber Technologies Incorporated, the parent company of the ride hailing giant-Uber, reported that it will deliver a first-ever quarterly profit by the end of the year, indicating that the cost-cutting measures are exceeding even the company’s own recent expectations. “2019 was a revolutionary year for Uber and I’m gratified by our progress, steadily delivering against

French ride-sharing-startup BlaBlaCar sees a 71% revenue growth in 2019

The French startup BlaBlaCar has declared that the firm’s revenue has increased by 71 percent in 2019 in comparison to the year 2018. The big difference between 2019 and 2018 is that the BlaBlaCar diversified its activity and operation by offering and serving bus rides as well as bus ticketing in some of the markets

SuperMoney raises $1 million in funding from early-stage investor firm Unitus Ventures

The Mumbai-based Fintech startup-SuperMoney was founded by private equity and risk management professionals Shiv Nandan Negi and Nikhil Banerjee in January 2018. The startup provides gig economy and blue-collar workers a suite of financial products focused on customised credit, savings and insurance solutions. SuperMoney’s customers include cab drivers, delivery personnel, shop floor workers and other

Edtech startup Embibe raises upto Rs 90 Cr from Reliance Industries

Earlier, Reliance Industries had invested rupees equivalent of $180 million in ed-tech startup Embibe over a period of about three years. Bengaluru-based edtech startup Embibe raised funding of Rs 89.91 crore from existing investor and shareholder Reliance Industries. At a premium of Rs 1,000 per share, a total of 8,99,198 cumulative mandatory convertible preference (CCCP)

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CIN- U74999DL2019PTC347107