Startups

Online insurtech platform Acko has acquired Mumbai based VLer Technology, a startup aiming to disrupt the online car ecosystem space.

Cloud-based VR content provider AmazeVR has raised $7 million in funding from Mirae Asset Group and several strategic investors including LG Technology Ventures, Timewise Investment and Smilegate Investment.

Bengaluru based healthcare startup Docttocare has raised $600K in seed funding from Startup mentor Krishnakumar Devnally, Director of mPower Solutions.

Cynora announced that it has secured $25 million in financing from investors in Asia, Europe and the US. Germany-based Cynora is an emerging materials startup.

This augments myUpchar’s portfolio of existing services that include online and offline doctor consultation, doorstep delivery of medicines and expert healthcare information in Indian languages.

CollegeDekho has raised $8 million in its Series B funding led by existing investors GirnarSoft, London based Man Capital and others.

Adventure of Lifetime OU, the creator behind the Geme.io app, has received Horizon 2020 SME Instruments funding to commercialize the development of their “smart city” app solution.

Morgan Stanley announced the third cohort of the Multicultural Innovation Lab, an accelerator program for technology and technology-enabled start-ups in the post‐seed to Series B funding rounds.

In the last 18 months, technology giant Microsoft said its startups program called 'Microsoft for Startups' has closed as many as 127 co-sell deals by getting $20 million as startup revenue.

Online learning platform Coursera has raised $103 million in a Series E equity round. SEEK Group led the round while existing investors Future Fund and NEA also participated in the funding