# S T A R T U P M O N K
B2B startup Udaan raises 139 crore from Singapore-based Trustroot

Business-to-business (B2B) e-commerce platform, Udaan has recently received a fresh funding round of Rs. 139.5 crore from its Singapore-based parent, Trustroot Pte as per RoC filings. Founded in 2016 by Amod Malviya, Sujeet Kumar and Vaibhav Gupta, all former employees of Flipkart,  Udaan intends to make doing business easy in India and B2B commerce as convenient and

Ed-tech startup Board Infinity raises 2.2 crore from multiple angel investors

Edtech startup Board Infinity has raised Rs 2.2 crore in an angel round from a clutch of angel investors. The Mumbai-based startup said it will use the funds in improving the technology platform and expand its current learner base in Tier II and III cities.  The Board Infinity team is spreading the word about career

Ola Electric raises $250 million from SoftBank to fuel EV play

Ola Electric, the electric vehicle (EV) arm of ride-hailing giant, Ola Cabs, is looking to raise more funds for supporting its plans to achieve its target of operating 1 million EVs in the country by 2021. The company is also aiming to build a fleet of at least 10,000 EVs in FY20 comprising largely e-rickshaws and

Indian startups have raised a record $3.9 billion in funding so far in 2019

Startup funding in the country has seen a late-stage boom, with more deals of $100 million or above being closed in the first five months of this year than in the first half of the last two years. Deal-making has also broadened, across companies and sectors, moving away from a few large companies such as

India Rises To 17th Spot From 37th In StartupBlink’s Startup Ecosystem Ranking

India’s startup ecosystem has experienced a surge in the past year or so, thanks to the number of startups founded, the amount of funding and a large number of investors, among a host of other indicators. As per data released by StartupBlink, India has moved up 20 places, from the 37th position to the 17th

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CIN- U74999DL2019PTC347107