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The Week that Was: Indian Startup News Overview (02-06 August)

The Week that Was: Indian Startup News Overview (02-06 August)
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MSME EduTech startup Rocket Skills raises INR 2 2 Crores in pre-seed round led by Better Capital, First Cheque and Titan Capital

 New Delhi : EduTech startup Rocket Skills has raised INR 2.2 Crores in a pre-seed funding, led by Better Capital, First Cheque and Titan Capital. The startup is a first-of-its-kind platform building the next generation of entrepreneurs through

It s raining unicorns!

It’s raining unicorns! Only four months into 2021, the Indian startup ecosystem has already added eight new companies to the $1 billion valuation club. And on Wednesday, joining the coveted club were healthtech startup PharmEasy and fintech startup Groww. 0 claps Share on While a NASSCOM report had predicted that India will have 50 unicorns in 2021, the ecosystem may just cross that number sooner than that.  Only four months into 2021, the Indian startup ecosystem has already added eight new companies to the $1 billion valuation club. And on Wednesday, joining the coveted club were healthtech startup PharmEasy and fintech startup Groww.  The other six startups that entered the unicorn club this year are Digit Insurance, InnovAccer, Infra.Market, Five Star Business Finance, Meesho, and CRED.

Entrepreneurs should talk to others for fresh perspectives, ideas, says angel investor Harpreet Singh Grover

Entrepreneurs should talk to others for fresh perspectives, ideas, says angel investor Harpreet Singh Grover In this episode of the 100X Entrepreneur podcast, entrepreneur, author, and investor Harpreet Singh Grover highlights the need to talk to others when faced with challenges to gain fresh perspectives. 0 claps Vibhore Goyal in 2007. However, during 2011-12, the founders hit their low point when their $5 million fundraising fell through. “We were a team of about 120-130 people. We had a fancy office, but we had to let go of 66-70 percent of our team if we had to make it through. We had already taken on debt because we were raising money and had planned to return the debt. The debt came from people whose money was not supposed to be at risk,” he shares.

This India Quotient-backed startup is creating a Netflix-style hobby learning platform for kids

This India Quotient-backed startup is creating a Netflix-style hobby learning platform for kids Gurugram-based startup Yellow Class wants to help millions of mothers with access to world-class hobby learning content for their kids aged 3-12. 0 claps Serial entrepreneur Anshul Gupta has been in the startup ecosystem for more than a decade, having built and scaled three businesses, exited two of them via acquisitions, and launched his fourth venture (goFlatmates) in 2019.   goFlatmates used AI and data to help people find flats and flatmates of their choice from curated listings by room providers. It was “going well” until early 2020, when COVID-19 happened and the market completely collapsed. 

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