Author: Harsh Tiwari

Startup Weekly: The Indian startup ecosystem in the week ending May 3 raised close to $250 million in equity across 18 deals, a 11 percent drop from last week. Of the total deals, almost half of them were early-stage rounds (comprising Series A and pre-Series A funding) that raked up a total of $112.1 million. There were only three late-stage deals (Series C, Series D, and Series E), which raked up a total of $134 million.    Gurugram-based co-living startup Housr raised an undisclosed amount of funding for expansion.  Fintech…

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                                                                What is Rapido? Rapido (Roppen Transportation Services Private Limited) is a bike taxi app founded by Aravind Sanka in the year 2015 which offers nline commuters to book bike rides from their current location to their desired locations at affordable prices and in the quickest time possible. This is the India’s largest and first bike taxi app which proved to be a great success. Funding So far The total funding amount for this app $19.4M.   Problem Solved: It is a platform where people can book two wheelers…

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Latest Funding News  Data science startup TheMathCompany raises funding from Arihant Patni  The startups offers data analytics services to enterprises right from advisory, to implementation and even hires and trains talent for customers.    Bengaluru and Chicago-based data science startup TheMathCompany has raised an undisclosed amount of funding from venture capitalist Arihant Patni in his personal capacity, as it looks to grow its presence in markets such as Europe and APAC.     Started in 2016 by Sayandeb Banerjee, Anuj Krishna and Aditya Kumbakonam, all three of whom were previously employed…

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DUNZO    Dunzo is an Indian startup that can buy, pick up anything the customer wants in Bengaluru, Delhi, Gurgaon, Pune, and Hyderabad, it will soon enter Chennai. The organization additionally works a Bike Taxi administration in Gurgaon. It is headquartered in Bengaluru, India. Dunzo is a chat-based personal management platform that allows users to create and manage their daily tasks.    It was founded by Kabeer Biswas, along with Co-founders Ankur Agarwal, Dalvir Suri, and Mukund Jha, in 2014. In 2017, it was funded by Google. It is the first…

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  START UPS THAT SHUT DOWN IN 2019    So, why do so many start ups flame out? The stats are really brutal with 97% of the crowdfunded companies eventually dying. The data on start up death revealed that 70% of the start up companies fail usually around 20 months after raising financing.    Below are some of the start ups that failed and shut down in 2019.     AIWUJIWU  Aiwujiwu, a Shanghai-based start-up was founded in 2014 to offer an online platform to people looking to buy and rent properties…

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  With a vision to create insight-driven ecosystems-making all our partners self-sufficient, helping them leverage data science for best possible business outcomes, the data science startup based in Bengaluru, Karnataka and Chicago, Illinois has raised an undisclosed amount of funding in Series A round from venture capitalist Arihant Patni in his personal capacity, to expand their business in Europe and APAC (Asia- Pacific) and build next-generation platforms and to improve their quality of customer experience    It was started in 2016 by the previous employees of MuSigma (a unicorn startup…

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Social Finance (SoFi), a personal finance company helping people to achieve financial independence to realize their ambitions having a stagnant valuation of $4.3 billion and founded by Mike Cagney, Dan Macklin, James Finnigan, and Ian Brady who met themselves at the Stanford Graduate School of Business, based in San Fransisco, began in 2011 has raised $500 million in a funding round led by Qatar Investment Authority, a Doha, Qatar based private equity and sovereign wealth fund. The company would use the fund for growth and add money to its $2.3…

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