Startup & Business News
Date- 17 Aug 2022
1. Ratan Tata backs eldercare startup Goodfellows. Shantanu Naidu's Goodfellows aims to provide the elderly living alone with companionship by connecting them with young educated graduates.
2. Bengaluru-based Digit insurance has filed for an initial public offering, looking to raise about $440 million. The company is backed by Sequoia capital, Virat Kohli
3. Fintech unicorn Razorpay acquires an 80% stake in digital payment startup Ezetap solutions. Ezetap enables businesses to accept any mode of digital payments from their customers.
4. Early-stage venture capital fund Ankur Capital Invests in Luxembourg-based Agri insurtech startup IBISA. Start-up builds, distributes, and operates climate insurance solutions for agriculture stakeholders
5. New Delhi-based home decor brand Sunday Design raised $1.5 million in a pre-Series A round. Sunday Design works with Italian designers to make and sell premium-quality furniture
6. Bengaluru-based medtech startup Yostra Labs, helping patients with chronic diseases, raised Rs 4 crore in a seed funding round led by the Indian Angel Network (IAN)
7. Ola founder Bhavish Agarwal unveils Ola electric car with single charge 500 km range, set to arrive in the country by 2024
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Location: Delhi, India
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