Bengaluru-based edtech startup ODA Class secured $500K in Series B funding, bringing its total funding to $12.75 million. The funds will boost digital marketing and brand visibility. Founded in 2019, ODA Class offers live online courses for students from grades 1 to 10, with a focus on accessible, high-quality education.
Bengaluru-based edtech startup ODA Class secured $500K in Series B funding, bringing its total funding to $12.75 million. The funds will boost digital marketing and brand visibility. Founded in 2019, ODA Class offers live online courses for students from grades 1 to 10, with a focus on accessible, high-quality education.
Swiggy has named Amitesh Jha as the new CEO of Instamart, its quick commerce division, with co-founder Phani Kishan transitioning to a broader role. This leadership change comes as Amazon eyes acquiring Instamart, which holds a 20-25% market share. Swiggy’s IPO filing is expected in September.
Miko, a Mumbai-based robotics firm, secured ₹20.5 crore ($2.5 million) in new funding from angel investors after a two-year gap. The investment, valuing the company at ₹1,711 crore, will support Miko’s development of AI-driven, emotionally intelligent robots. The company has raised over $60 million to date.
Airtel is shutting down its music streaming service, Wynk Music, and absorbing its employees. This decision aligns with Airtel’s new partnership with Apple to offer Apple Music to iPhone users. Despite earlier efforts to monetize Wynk
Cambridge-based PuriFire secured £2.7M in Seed funding led by HICO Investment Group, with plans to launch a pilot project by mid-2025. The startup, founded by Dr. Matthew Pearce and CEO Neel Shah, focuses on sustainable green hydrogen and methanol solutions to support a low-carbon economy.
BharatPe has rebranded its postpe app, entering the consumer payments space to compete with PhonePe, Google Pay, and Paytm. The new BharatPe app allows UPI payments, bill payments, and features UPI Lite for quick transactions. BharatPe aims to challenge the market leaders in the growing UPI ecosystem.
Proptech firm Square Yards reported a 52% increase in revenue for Q1 FY25, reaching Rs 261 crore with a gross transaction value of Rs 10,053 crore. Despite growth, the company posted a negative EBITDA margin of Rs 32 crore. Square Yards aims for Rs 1,506 crore revenue in FY25.
Health-tech startup Sunfox Technologies raised Rs 15 crore in a pre-Series A round led by Venture Catalysts. The funds will be used for global expansion and scaling its portable ECG device, Spandan. Co-founded in 2016, Sunfox’s innovative technology has saved over 10,000 lives across 20 countries.
Amazon plans to enter India’s quick commerce market in early 2025, challenging leaders BlinkIt, Zepto, and Swiggy Instamart. Nishant Sardana will lead this new vertical. The move follows Amazon’s competitor Flipkart’s entry into the sector and Tata’s BigBasket pivoting to quick deliveries.
