Bengaluru-based startup, HungerBox, announced that it has raised $2.5 million in a pre-series A funding round. The round was led by Singapore-based LionRock Capital and Infosys Co-founder Kris Gopalakrishnan. The startup was co-founded in 2015 by four founders and currently operates in Bengaluru, Chennai, Hyderabad, Mumbai, Pune, Delhi, and Jaipur. The company’s online platform, which […]
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Robotics and artificial startup, Rokid, based in Hangzhou, China, has raised a Series B extension round. The company develops smart devices such as smart speakers and a voice-assistant based in artificial intelligence which is comparable to products such as Alexa by Amazon and Siri by Apple. The latest round of funding which was led by […]
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An automotive startup based in Nanjing, Byton, which has developed an electric SUV, is aiming to raise fresh funding. The Chinese startup is aiming to raise financing worth $400 million and has been exploring possible investors without any official talks or plans, according to an anonymous source, Deal Street Asia reported. The electric car startup […]
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As per the recommendations of the 25th GST Council meeting, the Government of India has reduced the GST rates applicable to local and home services startups from 18% to 5%. The reduction in tax rates comes as a major relief to these startups. Startups such as UrbanClap, Housejoy and Quikr, presented the following argument to […]
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Off Grid Electric, a San Francisco based startup that develops rooftop solar and battery systems in Africa, announced that it has raised $55 million in funding. According to a statement released by the startup, the Series D funding round was led by Helios Investment Partners and other investors included GE Ventures, which is the venture […]
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