HNI will invest 30 billion dollars in Indian tech startups
According to a report by 256 Network and Praxis Global Alliance India, High Networth Individuals are planning to invest 30 billion dollars in Indian tech startups by 2025. India will have 150 unicorns by 2025.Fintech giant Paytm is all set to go with its plans for a massive Initial Public Offering to raise 3 billion dollars by November this year. The company has hired four banks for its proposed Initial Public Offering.Healthtech platform Eka.Care has integrated the CoWin app for Covid-19 vaccination bookings in India. It has become the first healthtech platform for the integration.Venture Capital Firm B Capital has bought a minority stake in online pharmacy PharmEasy for 20 million dollars through a secondary deal. This values PharmEasy at 1.8 billion dollars.IKEA has announced the launch of its ecommerce services in Bengaluru. It has also unveiled a mobile app for online shopping in Bengaluru. Ecommerce feature will allow online shopping, give product recommendations and allow customers to rate the products.Nazara Technologies has acquired Turkey based mobile gaming publishing agency PublishMe for 2.7 million dollars. The acquisition has been done through a primary and secondary transaction. Online donation platform GiveIndia and Non profit Path have received a 15 million dollars grant from Google.org to support the procurement and installation of around 80 oxygen plants at healthcare facilities.San francisco based Sense has raised 16 million dollars in its series C funding round led by Avataar Ventures. Existing participants Accel and Google Ventures also participated in the round.San Francisco based Sense has raised 16 million dollars in Series C Funding round. The round was led by Avataar Ventures and saw participation from existing investors Google and Accel. Sense is an AI driven talent engagement and communication platform.Consumer sector focused fund Venturi Partners has raised 100 million dollars towards the first close of it’s maiden fund. The funding is looking to raise 150 million dollars in total.#HNI #techstartups #invest #startups #unicorns #PraxisGlobalAlliance #256Network #Fintech #Paytm #paytmipo #ipo #Healthtech #Ekacare #Eka.Care #CoWin #CoWinapp #Covid19vaccination #covid #vaccine #BCapital #onlinepharmacy #PharmEasy #IKEA #ecommerce #onlineshopping #Nazara #nazaratechnologies #PublishMe #gaming #mobilegaming #icctestchampionship #wtcfinal #viratkohli #indiavsnewzealand #bestvsbest #askmentor #mystartuptv #majorsunilshetty #startupchannel #startupnews #startupindia #MSMEnews #makeinindia #madeinindia