Blume and Montane-backed Hybrent combines with Procurement Partners
E-procurement solution provider has announced that it is combining with Procurement Partners, a provider of procure-to-pay (P2P) solutions for post-acute care and senior living communities. The combination of the two companies yields one of the largest procure-to-pay organisations in healthcare.
ZestMoney raises $50M in Series C investment from Zip Co (Funding)
Buy now, pay later platform has raised $50 million Series C funding from global Buy Now, Pay Later provider Zip Co Limited. This is part of a larger Series C fundraise, which will see participation from existing investors. Zip will acquire a minority shareholding in the company and a board seat as part of the investment.
FrontRow raises $14M in Series A led by Eight Roads Ventures and GSV (Funding)
Learning and community platform has announced that it has raised $14 million in Series A round led by Eight Roads Ventures and GSV, with participation from existing investors Lightspeed and Elevation Capital. The round also saw participation from angels such as Vishal Dhadlani, Raftaar, Kunal Shah, Gaurav Munjal, Farid Ahsan, and multiple leaders across the startup and entertainment world.
Online sellers plan to invest in hiring, launch new products this festive season, says Amazon India study
A number of sellers on Amazon India's marketplace are planning to launch new products and invest on seasonal hiring to meet the increase in demand during the upcoming festive season, a study by the ecommerce platform said on Tuesday.
Amazon India shared findings of a study it commissioned (conducted by Nielsen) to understand the expectations of small and medium businesses (SMBs) selling on its marketplace from the upcoming festive season.
Fintech startup HappyCredit raises Rs 5 Cr in pre-seed round (Funding)
Bengaluru-based fintech startup HappyCredit, an instant cashback rewards application, has raised Rs 5 crore in a pre-seed round to accelerate its growth.
The funding round saw participation from Kunal Shah (Founder and CEO, ), Krishna Kumar (Founder and CEO, ), as well as US and Canada based investors like Goodwater Capital, Magic Fund, MyAsiaVC, Alex Lin (CEO, Outlier), Jeremy Cai (CEO, Italic), Chris Ye (CEO, Uken Games), Saad Siddiqui (CEO, Bonsai), Andrew Ladouceur (COO, Bonsai), Charlie Feng (Co-founder, Clearco), among others.
Healthcare AI startup Endimension raises Rs 2.3 Cr from Inflection Point Ventures (Funding)
Healthcare AI startup, Endimension, incubated at IIT Bombay in 2018, has raised Rs 2.3 crore in a seed round from Inflection Point Ventures, an angel investment platform. The funds raised will be utilised to acquire talent for new product development, R&D and for boosting the sales team to fuel further growth.
Streaming social app Frenzi raises seed round from SucSEED Indovation Fund (Funding)
Streaming social app Frenzi secured an early-stage investment from Hyderabad-headquartered SucSEED Indovation Fund as part of its seed round.
Launched in July 2020 by Balkrishna Singh and Harvinderjit Singh Bhatia, Frenzi is the gateway to the OTT world, providing a blend of recommendations based on one's social circles and layered with tech capabilities built on an AI/ML foundation.
Link : https://yourstory.com/2021/09/startup-news-updates-daily-roundup-september-22-2021
Author :- Team YS ( )
September 22, 2021 at 01:12PM
YourStory