You are currently viewing Startup news and updates: daily roundup (July 30, 2021)

Startup news and updates: daily roundup (July 30, 2021)

[Funding alert] Creative management platform Rocketium raises $3.2M, will focus on expansion and product development

Creative automation platform Rocketium has raised $3.2 million as a part of its Series A funding round. The company stated that the current round saw participation from Emergent Ventures, 1Crowd, LetsVenture, and Blume Ventures. Prior to this round, Rocketium had raised a pre-Series A round of $1 million in 2018, with participation from 1Crowd and Blume Ventures.

[Funding alert] AI-based edtech startup SP Robotic Works raises $3M in Series A round

AI-based edutainment startup SP Robotic Works has raised $3 million in Series A round led by Mount Judi India Growth Fund. The funding round witnessed additional participation from BCCL and its existing investors Indian Angel Network and multiple renowned Angel Investors like Ajai Chowdhry (Founder, HCL), Raman Roy (Chairman and Managing Director – Quatrro), and others.

Lovlina enters semis, assures India of first boxing medal at Tokyo Olympics

Debutant Lovlina Borgohain (69kg) assured India of its first boxing medal at the ongoing Olympic Games when she upstaged former world champion Nien-Chin Chen of Chinese Taipei to enter the semifinals on Friday. The 23-year-old Assam boxer prevailed 4-1 to make the last-four where she will square off against reigning world champion Busenaz Surmeneli of Turkey, who hammered Ukraine’s Anna Lysenko in her quarterfinal bout.

GE Healthcare selects 6 Indian startups under ‘Cohort 3’ programme

Medical technology company GE Healthcare has selected six Indian startups under its ‘Cohort 3’ programme to help them build and scale up their technologies for their target market segments. The selected startups 4basecare, Haystack Analytics, zMed Healthcare Technologies, Tricog, Aira Matrix and Qritive will spend six months with healthcare industry experts from within and outside GE on their product development.

[Funding alert] 9Unicorns launches student fund, to invest upto $75K per startup

9Unicorns, India’s first accelerator VC firm, on Friday announced that it is launching a student-focused VC fund known as campus fund, university fund, or student capital. Students at premier institutes such as IITs and IIMs would have a second option to launch their startup in the coming campus placement season even before passing out of the college, according to a press statement.

Failing to ensure wider access to COVID vaccines could undermine global eco recovery: WTO report

Failing to ensure wider access to COVID-19 vaccines could undermine the global economic and trade recovery, a report of the World Trade Organization (WTO) has warned. The Director-General’s mid-year report on trade-related developments presented to members on Thursday calls on WTO member countries to ensure that markets remain open and predictable.

Edited by Anju Narayanan

Source link

Leave a Reply