Entrepreneurship

Edtech startup Guvi bags investment from HCL’s promoter

Guvi, an edtech platform that helps students learn coding in their native language, has raised Rs 15 crore or $1.9 million from Vama Sundari Investments. Vama Sundari Investments is a promoter of India’s third largest IT services company HCL Technologies, which recently rebranded itself as HCLTech. The fresh funds have flown into the company after …

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This 31-Year-Old’s Vending Machine Business Could Earn Him $500K This Year Alone

At just 31 years old, Marcus Gram has the option to retire after his vending machine business became very lucrative over the last several years. As previously reported by AfroTech, Gram’s vending machine business went from making $4,000 in its first year to over $300,000 in 2021. And after a recent deal, it is currently …

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D2C brand Nirmalaya raises seed round led by Artha Venture

Delhi-based natural fragrance brand Nirmalaya has secured $800K in its seed funding round led by Artha Venture Fund along with participation of The DotIn Network, Shiprocket – Huddle Accelerator, Flawless Company office and other angel investors. The proceeds will be deployed to expand its presence to the US and the Middle East, Asia and build …

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The Pitch Deck Fermat Used to Raise a $12 Million Seed Round

Fermat allows brands to embed shopping experiences directly in influencer content. The startup was born out of Apple’s 2020 privacy changes, which had a deep effect on advertisers. Fermat raised a $12 million seed round, led by Greylock and QED with participation from Courtside. When Apple announced in June 2020 that apps would be required …

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Gaming edtech startup Outscal raises $1.5 million from Kalaari Capital

Delhi-based ed-tech company Outscal has closed its seed funding round with $1.5 million funding from venture capital firm Kalaari Capital. Founded by Mayank Grover, Outscal is building a community-first, ed-tech platform to upscale talent in the gaming industry. It helps candidates excel in their game development, and Web 3 careers through mentorship and placement assistance. …

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Englewood entrepreneurs get running start in Shark Tank-like business plan competition

CHICAGO (WLS) — Entrepreneurs in Englewood are getting a much needed boost in the Quality of Life Business Competition. Four finalists taking the stage Saturday at Kennedy King College in an event that’s much like the ABC show Shark Tank. They showcase their current business or plans for a new one while making their pitch …

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GoLocalProv | Not Yet 30, Alexa Trembly Has Launched Two Businesses

Friday, September 23, 2022 GoLocal LIVE View Larger + Alexa Trembly PHOTO: Instagram Alexa Trembly is not yet 30 years old and recently launched her second business. She and her partner Emory Harkins first started a bookstore in a renovated 1987 vintage van, then expanded the business to a brick-and-mortar shop in the Fox Point …

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Mighty Capital’s thesis is that the best product wins — even more so in a downturn • TechCrunch

‘No amount of salespeople or engineers can save you in the long run if your customers don’t love your product’ When founders are laying off staff and cutting costs to face the downturn, it may seem like odd timing to tell startups to take their product as seriously as ever. In a recession, do users …

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Insurtech startup Zopper raises $75M in Series C funding round

Zopper announced that it has raised $75 million in Series C funding led by Creaegiswith participation from ICICI Venture spirit Bessemer Venture Partners. Existing investor Blume Ventures also participated in the round. Tiger Globalcurrently invested in the company, will continue to extend its support for future growth. Founded in 2011 by Surjendu Kuila spirit Mayank …

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