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SCIMPLIFY FUNDING
ETtech Deals Digest: Boldfit, GreenCell lead as weekly funding hits $232 million, down 45% on-yearBoldfit led deal activity with $41.5 million, followed by GreenCell Mobility at $34.5 million, Inner Sky Labs at $30.9 million, and Scimpli...
Skyroot eyes funding boost; MDR deferment cheers D2C brandsHappy Thursday! Skyroot is eyeing a big funding round as it gears up to scale rocket production. This and more in today’s ETtech Morning Di...
Groww Q2 profit jumps; Hocco eyes big funding scoopGroww reported strong quarterly earnings in the July-September period. This and more in today’s ETtech Top 5.
Speciality chemicals startup Scimplify raises $25 million to expand US operationsThe Bengaluru-based company plans to invest around $10 million over the next two years in the US, where it is looking to expand its presenc...
India’s tech hiring edge; Fashion funding heats upHappy Friday! AI and lower-cost talent have given a hiring advantage to countries like India, Philippines and Brazil. This and more in toda...
Manufacturing startup Scimplify in talks to raise $30-40 million from Hitachi Ventures, othersSpecialty chemical startup Scimplify is in talks to raise $30-40 million from Japanese investors led by Hitachi Ventures, valuing the compa...
Sebi's finfluencer crackdown; Scimplify eyes fresh fundsSebi has teamed up with Google to take on misleading financial influencers and shady trading apps. This and more in today's ETtech Top 5.
Faster capital deployment, government partnerships could move needle for biotech: StartupsThe Biotechnology Industry Research Assistance Council (BIRAC) launched the fund on February 13 to bridge the funding gap between laborator...
ETtech deals digestStartups raise $342 million this week; up 2.4x on-year
ETtech deals digest: Startups raise $342 million this week; up 2.4x on-yearThe funds were raised by startups across various stages through 13 deals, compared to 24 deals in the year-ago period.
Specialty chemical startup Scimplify raises $40 million from Accel, othersUMI, 3one4 Capital and Omnivore also participated in the Series B round. The funds will be used to scale exports beyond the 16 countries it...
Quick service app Snabbit raises $5.5 million from Elevation Capital, Nexus Venture PartnersExisting investor Nexus Venture Partners and angel investors, including Vidit Aatrey and Sanjeev Barnwal (Meesho), Gaurav Munjal (Unacademy...
Direct-to-consumer brands keep deal street busy with new funding roundsVenture funds are sitting on ample dry powder and will accelerate deal-making in early-stage startups. Funds like Accel, 3One4 Capital, Pea...
Specialty chemical startup Mstack raises $40 million from Lightspeed, Alpha Wave, othersFounded in 2022 by Shreyans Chopra, Mstack runs a custom manufacturing platform that helps mid-to-large enterprise buyers, primarily in Nor...
ETtech Deals Digest: Startup funding plummets 49% YoY to $108 million this weekThe funds were raised by startups, mostly in the seed and early stages, through 17 rounds, compared to 26 rounds in the same period of the ...
Specialty chemical startup Scimplify raises $9.5 million from Omnivore, othersScimplify to use the fresh capital to enhance research and development (R&D) capabilities and enter new markets. According to the company t...
ETtech Deals Digest: Boosted by investment in Sarvam AI, Indian startups raise $108 million this weekInvestment in startups fell 79% in the December 4-8 week, from $514 million across 38 funding rounds in the same period a year ago. Sequent...
Chill sets in for consumer lending apps; what’s cooking at food delivery platforms?Consumer lending firms are set for difficult days ahead as a central bank diktat on reining in unsecured loans has choked off much-needed c...
Paytm shares tank on small loan scale down; IT firms hire senior execs amid headwindsShares of Paytm tanked 20% in intraday trade Thursday after the payments major said it would take a cautionary approach towards small-ticke...
Speciality chemicals platform Scimplifi secures $3.6 million from 3one4 Capital, BeenextScimplifi said it aims to export 60% of its output within the next year and is planning to expand its reach to 20 countries and four new ch...