[Funding alert] Our health wellness portfolio startup, Fitspire raises $220K in pre-seed round led by Nikhil Parmar and Priyanka Madnani, Founders, Easy To Pitch, along with Bollywood Singer Sukhbir Singh and other investors.
Much like the lifespan of us humans, startups have stages too that define their current situation and growth. Lifespan of businesses can be subdivided into 6 major stages. Since the rate of success for every startup is different, the time spent by companies in different stages may vary. With a sense of what’s to come, you can effectively plan for success in later phases. Let's look at the 6 stages of startup in detail-
Launching your own startup is full of challenges and obstacles, but raising funds can be one of the most vital yet twisted aspects of all! However, for female Founders, this journey can be even more slippery.
How can you as a founder take the authority of your own company- Starting a business requires a lot of work. The amount of documentation, legal requirements, and strategic development can simply be overwhelming. But without putting in the effort, you’ll struggle to turn your idea into a successful business. Why do you want to start a business? Is it money, freedom, and flexibility, to solve a problem or some other reason? You need to plan, set goals, and above all, know yourself.
Stressed about raising funds for your startup? There are multiple ways by which startup founders can approach investors for fundraising and get noticed by those with the capital you need to get to the next level. Be at any stage of your startup business, no matter how outstanding your idea is or your product is, how lean you can operate, and how to expand your business is, You will always need more capital and financial leverage, it's a necessity! Even the best-funded and hyper-successful billion-dollar startups have been engaging in more fundraising rounds than ever before.
For many business owners, Now is the greatest leadership test, How to Bring Business back on track in an environment filled with uncertainty, where vaccines are yet to reach common households and economies are still reeling!
SkillLync, an engineering focused edtech business, has raised $17.5 million in Series A funding from Iron Pillar, a venture growth investor focused on global tech companies founded in India. Y Combinator and Better Capital also took part in the round. New investors include Binny Bansal (Co-founder of Flipkart), Sai Krishnamurthy (ex-Flipkart; Co-founder of Xto10X), and Rashmi Kwatra (Founder of Sixteenth Street Capital). This is the largest Series A round ever raised by an educational technology company
Funders Club, Pioneer Fund, Anim Fund (Founders Fund Scout), Locus Ventures, and Liquid 2 Ventures were among the other Silicon Valley investors who participated in the pre-series A round.
Polygon, an Ethereum scaling project, has announced a $250 million merger with Hermez, a zero-knowledge (ZK) cryptography-based scaling project, in the first-ever crypto token merger. Verifying data such as transactions, personal information, or identification using zero-knowledge technology is possible without turning over control of the information. Polygon Hermez will be the new name for the Indian cryptocurrency firm. Additionally, the Hermez project's technology, live solutions, 26-person team, and HEZ coin will all be merged into the Polygon ecosystem
Bengaluru: SaaS startup Postman has secured $225 million in a fresh investment round led by existing investor Insight Partners, with new backers including Coatue, famous Silicon Valley investor Mary Meeker's Bond Capital, and Battery Ventures also participating. The corporation today has a market capitalization of $5.6 billion.