Edtech giant Byju secures a collateral-free loan of Rs 300 crore or $36.5 million from its subsidiary Aakash educational services limited for its principal business activities and at an interest rate of 7.5% per annum. Recently, the company disclosed that it had raised $250 million from its existing sponsors, including Qatar Investment Authority (QI). “The […]
Sama, a Bangalore-based legal tech company, raises an unknown sum in seed funding from Campus Fund. Sama’s platform lets businesses, organisations, and people handle legal disputes online. Akshetha Ashok co-founded this legal services startup in 2015 and aimed to enhance the Indian judicial system. Using technology and software, the legal tech company offers legal services. In […]
This outlier firm, a B2B e-commerce platform called Udaan, has received $120 million in convertible notes and debt when the startup ecosystem is experiencing a funding constraint this year. Udaan was founded in June 2016 and began operations a year later. In September 2018, Udaan became a unicorn, earned a private valuation of $1 billion […]