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Statiq has secured Rs. 200 crore in a round headed by Shell Ventures. The electric charging infrastructure startup will use the money to develops its products, expand its network, and build the core team. Statiq has received $25.7 million (Rs. 200 crores) in a Series A investment headed by Shell Ventures. The EV charging infrastructure business now intends to raise a financing round of INR 50 Cr next week. Statiq intends to utilize the cash for product development, network growth, and the development of hardware and software for a massive charging network. The monies will be used over a two-year period, according to the creators. This is the largest Series A round ever made in the EV infrastructure industry. It will help Statiq accelerate its efforts to grow and maximize the value of its contract portfolio. The Y Combinator-backed firm, which previously received $200K in its seed round in 2020, plans to invest the $25 million on product engineering and strengthen the cor...

Matrix Partners India plans to raise a $450 million India fund. This will be the firm's fourth fund through which the company will support startups in India. According to regulatory filings with the Securities and Exchange Commission in the United States, Matrix Partners India, an early investor in firms such as Ola, payments startup Razorpay, new aggregator and short video player Dailyhunt, and others, will create a $450 million India fund. This would be Matrix Partners' fourth India-focused fund, which will invest in companies in India and South Asian markets. The capital raising comes as Matrix's counterparts, including AccelNSE 0.76 percent, SequoiaCapital, and Lightspeed, have raised or are in the midst of raising larger sums for the Indian market. On July 14, Sequoia India announced that it has raised a massive $2.85 billion across three funds to invest in the Indian and Southeast Asian markets. Sequoia would incorporate its seed-stage fund Surge into ...

A world-renowned Indian physician, Dr. Bhasker Sharma, was recently bestowed with the Everest Achievement Outstanding Award for the remarkable work he has been doing in the field of homeopathy. Homeopathy is a medical practice that takes a holistic and natural approach to the treatment of diseases. It is an alternative medicine method that was developed almost 200 years ago to stimulate a healing response and improve the body's ability to heal itself. Its practitioners believe it is a holistic medical approach based on the concept of treating "like with like." Dr. Bhasker Sharma, of Siddharthnagar, Uttar Pradesh, has made it the mission of his life to spread the word about homeopathy and promote a healthy community through this form of holistic medicine. He also works hard to eradicate misconceptions related to homeopathic treatment. Dr. Bhasker Sharma was awarded the Everest Achievement Outstanding Award on June 18, 2022, in Kathmandu. Dr. Sharma has been ...

Spry has secured funding of $7 million from Eight Roads Ventures. The healthtech startup will use the money to develop practice management for physical rehabilation. Healthtech startup, Spry, has secured $7 million in capital from Eight Roads Ventures, with participation from F-Prime Capital and current investor Together Fund. So far, Spry has raised more than $10 million. By offering a complete patient and practise management SaaS platform for physical therapists, Spry was founded in 2021 by Brijraj Bhuptani, a former chief technology officer of Ola, and Riyaz Rehman. The company's goal is to democratise the cost and accessibility of movement health. Brijraj Bhuptani, cofounder and CEO of Spry , stated, "Our objective is to build a patient-first, tech-driven solution that anticipates the patient's requirements before they enter the physical therapist's clinic, and leads them during the therapy." The company will put the funds toward developing ...

Regulatory technology will transform the financial services industry. Find out the top seven Regtech Companies In India in 2022. Regtech, or regulatory technology, will alter the financial services sector. Cloud computing, artificial intelligence, blockchains, and big data are examples of regulatory compliance technology. Fintech is sometimes regarded as a subset of regulatory technology that mitigates risk through regulatory compliance . The use of technology to monitor business processes enables firms to provide accurate and timely information that can be utilized for decision-making. Companies may achieve risk-free compliance by combining biometrics and machine intelligence into Reg-tech businesses. All startups'products have one thing in common: they are well-built and help businesses solve challenges. It's worthwhile to keep an eye out for some of them since they will ultimately turn into unicorns. Here are the top seven Regtech Companies In India in 2022. ...

Cryptoys is raising multi-million dollars to develop an NFT toy firm that will introduce younger users to digital ownership and NFT mechanics. The platform, which will be publicly available in the next months, will include cuddly big-eyed animal figures with caps, sunglasses, and cryptographically guaranteed uniqueness. Cryptoys has raised $23 million in funding recently. While transaction volume hasn't slowed considerably in recent months, the dollar amount spent in the industry has been in free fall as cryptocurrency values have undergone a record plunge. Given this context, it may not appear to be the greatest moment to establish an NFT platform, let alone one aimed toward children. Nonetheless, NFT startup Cryptoys is seeking tens of millions of dollars in order to establish a blockchain-based toy firm that can introduce younger users to the concepts of digital ownership and NFT mechanics. The platform, which will be publicly available in the next months, will includ...