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Philanthropy during COVID-19 in India

Candid

Candid and the Center for Disaster Philanthropy (CDP) released a new report, Philanthropy and COVID-19: Examining giving in 2021 , in May 2022 that details COVID-19-related philanthropic funding in 2021. India’s civil society indisputably stepped up to take on vital work in the face of crisis, but the enabling environment has worsened.

India 131
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Jumbotail raises $14.2 million for its wholesale marketplace in India

TechCrunch

Jumbotail said it serves more than 30,000 neighborhood stores (popularly known in India as kiranas) in the country. To fill this gap, Jumbotail runs its own private label portfolio and Jhina said the startup will deploy part of the fresh fund to broaden this catalog. in India’s Reliance Jio Platforms.

India 137
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Arya raises $21M to provide farmers in India finance and post-harvest services

TechCrunch

A Noida-based startup is working with all the stakeholders — farmers, food processors, traders and financial institutions — to bridge this post-harvest services gap — and it just secured new funds to continue its journey. Amazon, Flipkart, Ola and Uber begin to resume their services in India.

India 131
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DeHaat raises $115 million in the largest agritech round in India

TechCrunch

DeHaat, an online platform that offers full-stack agricultural services to farmers in India , has raised $115 million in what is the largest funding round for an agritech startup in India, where farm produce yields two-thirds of the country’s $1 trillion in annual retail spending.

India 109
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Indian fintech KreditBee nears $700 million valuation in new funding

TechCrunch

Indian fintech KreditBee has raised an additional $100 million in a funding round, it said, as the lender looks to scale its business in the South Asian market. The new cash infusion is part of the larger Series D funding , which KreditBee said has now closed at $200 million.

Fund 126
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Former Twitter India head leaving firm to start an edtech platform

TechCrunch

Manish Maheshwari, the former head of Twitter India who recently moved to San Francisco to work at a different division within the company, is leaving the firm to launch an edtech startup, according to nine people familiar with the matter. The former Twitter India head moved to the U.S.

India 108
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Sequoia India-backed GoMechanic faces severe trouble

TechCrunch

GoMechanic has laid off a significant number of its workforce as the Sequoia India-backed startup struggles to raise funds amid serious concerns of accounting troubles, a source familiar with the matter told TechCrunch. Sequoia India-backed GoMechanic faces severe trouble by Manish Singh originally published on TechCrunch.

India 98