You are currently viewing Startup news and updates: daily roundup (Aug 18, 2021)

Startup news and updates: daily roundup (Aug 18, 2021)


[Funding alert] Indonesian Startup Ra Ra Delivery raises $3.25M from Sequoia’s Surge and East Ventures

Indonesian instant delivery startup RaRa Delivery has announced that it has raised $3.25 million in funding led by Sequoia Capital India’s Surge and Indonesia’s East Ventures. Other participants included 500 Startups, Angel Central, GK Plug and Play, and angel investors Royston Tay and Yang Bin Kwok.

RaRa Delivery, with an India-based tech team, is a last-mile logistics company that is using its proprietary technology and data-driven approach to revolutionise one to three-hour deliveries for ecommerce.

[Funding alert] goEgoNetwork raises $2M in seed round

Electric vehicle charging solutions startup goEgoNetwork on Tuesday said it has raised $ 2 million (nearly Rs 15 crore) in seed funding to expand its existing electric charging network. The Pune-based firm said the seed round was funded by Rishi Bagla, Chairman of Bagla Group, a leading auto component manufacturer, along with Olivier Guillaumond, Head of Global Innovation Labs and Fintech at ING Bank in the Netherlands.

Flipkart to create 4,000 jobs by opening 4 new facilities in Maharashtra

Walmart-run ecommerce major Flipkart on Tuesday said it is creating 4,000 jobs in Maharashtra by opening four new facilities. These fulfilment and sortation centres are located in Bhiwandi and Nagpur, and aimed primarily at supporting the local sellers in the state and cater to the growing demand for ecommerce, a statement said.


YourStory’s flagship startup-tech and leadership conference will return virtually for its 13th edition on October 25-30, 2021. Sign up for updates on TechSparks or to express your interest in partnerships and speaker opportunities here.

For more on TechSparks 2021, click here.

Applications are now open for Tech30 2021, a list of 30 most promising tech startups from India. Apply or nominate an early-stage startup to become a Tech30 2021 startup here.


Edited by Anju Narayanan



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