Saturday, October 16, 2021

Tag: Startup


BMW looks to invest in lithium tech startup Lilac Solutions to produce EV battery metal

BMW, which already buys lithium from China’s Ganfeng Lithium Co, said it sees Lilac’s technology as a way to boost global production as demand grows from the EV market

GM eyes Chines e-vehicle market, to invest $300 m in driving startup Momenta

GM is currently making vehicles with SAIC Motor, which has also invested in Momenta. Momenta is also backed by Toyota Motor and Daimler AG

Microsoft teams up with Invest India to support tech startups

Under the arrangement, Microsoft for Startups programme will work closely with Accelerating Growth of New India's Innovations (AGNIi Mission)

Indian startups rake in $6.5 billion funding in Q2 2021: Nasscom

The biggest deal during the quarter was the $800 mn fundraise by food delivery platform Swiggy, followed by ShareChat $502 mn, Byju's $340 mn, PharmEasy $323 mn and Meesho $300 mn
Amazon, Bangladesh

Amazon pumps $40 mn in Indian fintech startup Smallcase tech

The latest round marked the first investment by Amazon in a wealth management fintech in India. The US technology major made the investment through its $250-million tech fund ASVF

Google selects 16 Indian startups for 3-month mentorship under Accelerator programme

Under the programme, the startups from across key areas requiring innovation such as healthcare, fintech, social, education, agritech will receive three months of mentorship from Google
Huawei to ramp up initiatives to push startup in Asia Pacific

Huawei to ramp up initiatives to push startup in Asia Pacific

HUAWEI CLOUD and HMS developers and partners will benefit from unified accounts, one-stop development platforms, and one-stop app distribution and marketing.

Bangladeshi EdTech startup Shikho raises $1.3 million

Bangladeshi EdTech startup Shikho has raised $1.3 million in seed funding from Learnstart, a US-based investor and Anchorless Bangladesh, a local firm. 
MyMobiForce Team

MyMobiForce raises $1.42 million in Pre-Series A round led by Bharat Inclusion Seed Fund

Delhi-based startup MyMobiForce has raised $1.42 million (Rs 10.3 crores) as part of Pre-Series A round of funding led by Bharat Inclusion Seed Fund

Hypersonix raises $35 million in Series B investment round led by B Capital Group

The company said it has now raised over $50 million in the capital, and the latest financing more than quadruples the valuation of its Series  A round in March 2020.
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