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[Weekly funding roundup] VCs infuse over $800M into Indian startups in January; last week sees $31M in startup


Union Budget 2021, which will be presented on February 1. And, the Indian startups hope
Finance Minister Nirmala Sitharaman will provide the necessary boost to the third-largest startup ecosystem.
Key deals
Makers Hive, a Hyderabad-based startup that has developed and built a bionic arm, raised $9 million from Starfish Growth Partners and Investpad.
Reckitt Benckiser led a Rs 45 crore funding round into Bombay Shaving Company. The HNIs who were part of this include Rajesh Sud, Anjali Bansal, and Kuldeep Jain.
Other transactions
Saveo Healthtech, a B2B ecommerce platform for pharmacies, raised $4 million in seed funding co-led by Matrix Partners India and RTP Global, with participation from Incubate Fund and India Quotient. ....

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Startup news and updates: daily roundup (Jan 27, 2021)


Report)
Indian startups are estimated to have received $10.14 billion in funding across more than 1,200 deals in 2020 despite the COVID crisis, a report by consulting firm HexGn said.
Harley Finkelstein, President of Shopify. (Image credit: Harley s Twitter)
Harley Finkelstein, President of Shopify, believes the future of retail is not online or offline or on social media. The future of retail is everywhere, he said, adding that conscious consumerism is here to stay, as the COVID-19 pandemic transformed consumer preferences in a very concrete, permanent way that had not been seen before.
Edited by Tenzin Pema ....

Andhra Pradesh , Amit Agarwal , Gita Gopinath , Anand Ladsariya , Harley Finkelstein , Oneplu Carl Pei , Knight Frank India Ficci Naredco , Carl Pei , Seungyoon Lee , Ravi Shankar Prasad , Diacoustic Labs Pvt Ltd , T Rowe Price Associates Inc , Union Telecom , Flipkart Group , Union Budget , Oberndorf Enterprises , Industry Minister Piyush Goyal , Invest India , India Amit Agarwal , Global Senior , Country Head , India Head Amit Agarwal , Union Telecom Minister Ravi Shankar , Plu Carl Pei , New Launch , Tejas Virtual Intelligence ,

Starfish Growth Partners, Investpad team up for $100 million fund


Starfish Growth Partners, Investpad team up for $100 million fund
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Synopsis
The Starfish Investpad Innovation Fund will provide capital and fundraising advisory, business incubation and growth acceleration services, senior executives at both firms said.
ETtech
The Starfish-Investpad fund will remain industry agnostic but with a special focus on verticals such as education, manufacturing, deeptech, agriculture, fintech, healthcare and sustainability. (Illustration: Rahul Awasthi/ETtech)
Mumbai:Starfish Growth Partners and Investpad have jointly launched an innovation fund that will raise $100 million to invest in early stage startups over the next three years, both firms said on Monday.
The Starfish Investpad Innovation Fund will provide capital and fundraising advisory, business incubation and growth acceleration services, senior executives at both firms said. ....

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