Startup news and updates: Daily roundup (September 22, 2021)

Blume and Montane-backed Hybrent integrates with Procurement Partners

E-procurement option supplier  Hybrent  has actually revealed that it is integrating with Procurement Partners, a supplier of procure-to-pay (P2P) services for post-acute care and senior living neighborhoods. The mix of the 2 business yields among the biggest procure-to-pay organisations in health care.

ZestMoney raises $50M in Series C financial investment from Zip Co (Funding)

Buy now, pay later on platform  ZestMoney  has actually raised $50 million Series C financing from worldwide Buy Now, Pay Later supplier Zip Co Limited. This belongs to a bigger Series C fundraise, which will see involvement from existing financiers. Zip will obtain a minority shareholding in a board and the business seat as part of the financial investment.

FrontRow raises $14M in Series A led by Eight Roads Ventures and GSV (Funding)

Learning and neighborhood platform  FrontRow  has actually revealed that it has actually raised $ 14 million in Series A round led by Eight Roads Ventures and GSV, with involvement from existing financiers Lightspeed and Elevation Capital. The round likewise saw involvement from angels such as Vishal Dhadlani, Raftaar, Kunal Shah, Gaurav Munjal, Farid Ahsan, and numerous leaders throughout the start-up and home entertainment world.

 Amazon India Online sellers prepare to purchase working with, release brand-new items this joyful season, states Amazon India research study

A variety of sellers on Amazon India’s market are preparing to invest and release brand-new items on seasonal working with to satisfy the boost in need throughout the upcoming joyful season, a research study by the ecommerce platform stated on Tuesday.

Amazon India shared findings of a research study it commissioned (performed by Nielsen) to comprehend the expectations of medium and little companies (SMBs) offering on its market from the upcoming joyful season.

Fintech start-up HappyCredit raises Rs 5 Cr in pre-seed round (Funding)

Bengaluru-based fintech start-up HappyCredit, an instantaneous cashback benefits application, has actually raised Rs 5 crore in a pre-seed round to accelerate its development.

The financing round saw involvement from Kunal Shah ( Founder and CEO,  CRED ), Krishna Kumar ( Founder and CEO,  Simplilearn ), in addition to United States and Canada based financiers like Goodwater Capital, Magic Fund, MyAsiaVC, Alex Lin (CEO, Outlier), Jeremy Cai (CEO, Italic), Chris Ye (CEO, Uken Games), Saad Siddiqui (CEO, Bonsai), Andrew Ladouceur (COO, Bonsai), Charlie Feng (Co-founder, Clearco), to name a few.

Healthcare AI start-up Endimension raises Rs 2.3 Cr from Inflection Point Ventures (Funding)

Healthcare AI start-up, Endimension, nurtured at IIT Bombay in 2018, has actually raised Rs 2.3 crore in a seed round from Inflection Point Ventures, an angel financial investment platform. The funds raised will be made use of to obtain skill for brand-new item advancement, R&D and for increasing the sales group to sustain more development.

 Frenzi Streaming social app Frenzi raises seed round from SucSEED Indovation Fund (Funding)

Streaming social app Frenzi protected an early-stage financial investment from Hyderabad-headquartered SucSEED Indovation Fund as part of its seed round.

Launched in July 2020 by Balkrishna Singh and Harvinderjit Singh Bhatia, Frenzi is the entrance to the OTT world, offering a mix of suggestions based upon one’s social circles and layered with tech abilities developed on an AI/ML structure.


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