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[YS Exclusive] Mental health startup Now&Me raises $1M led by Saama and Whiteboard Capital (Funding)

Delhi-based mental health startup Now&Me has raised $1 million in seed funding led by Saama Capital and Whiteboard Capital. The startup is working on how people seek mental health support globally, through a free-to-use community platform. 

Paytm loss narrows to Rs 1,704 cr in FY21

Digital payments firm Paytm has narrowed its consolidated loss to Rs 1,704 crore in 2020-21 from Rs 2,943.32 crore in 2019-20, according to the company’s annual report.

The company has reported narrowing of loss for the second consecutive year in FY21. Paytm slashed marketing cost by about 62 percent to Rs 533 crore in FY21 from Rs 1,397 crore a year ago.

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Yuvraj Singh

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Yuvraj Singh calls for startups, innovators to join his mission to fight against COVID-19

Former international cricketer Yuvraj Singh urged startup, innovators and research institutions to join his mission to fight against the COVID-19 pandemic by providing innovative, affordable and scalable healthcare solutions.

Singh, through his venture YouWeCan, has launched a mission to set up 1,000 beds for critical care of COVID-19 patients across the country in government and army hospitals.

Bengaluru-based agritech startup Fyllo raises Rs 3Cr in seed round from IAN (Funding)

Fyllo, the Bengaluru-based agritech startup, on Monday said it raised Rs 3 crore from Indian Angel Network (IAN), Titan Capital, and Lead Angels.

The startup will use the capital for its expansion to new markets and research and development to support more crops. It had earlier received funding from 100X.VC.

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Fyllo Founders Sudhanshu Rai and Sumit Sheoran

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Food tech startup Daalchini Technologies plans to raise growth capital

Food-tech startup Daalchini Technologies plans to raise growth capital of up to $ 8 million (around Rs 58 crore) in the next two to three years to support its growth plans.

Daalchini Technologies, which provides home-cooked food through IoT-enabled vending machines, is expecting an annual turnover rate of Rs 144 crore by the end of FY22.

Second COVID-19 wave will not impact India’s agri sector in any way: Niti Aayog

Niti Aayog Member (Agriculture) Ramesh Chand recently said the second COVID-19 wave will not impact the Indian agriculture sector in any way as rural areas saw the spread of infections in May when agriculture activities remained at a bare minimum.