Start-Ups

Mithril Capital, co-founded by Silicon Valley investors Thiel and Ajay Royan, is putting in the money as part of a larger financing round, according to a statement.

LinkedIn measured the start-ups based on four parameters which are employment growth, engagement, job interest and attraction of top talent.

Umesh Sachdev, 33, founded the company in 2008 with his engineering classmate Ravi Saraogi.

The Meesho platform allows re-sellers of everything from jewellery to mobile phones to reach prospective customers via social media platforms such as Facebook, WhatsApp and Instagram.

Bigbasket, which competes with Walmart Inc-owned Flipkart and Amazon.com Inc, will use the fresh funds to set up warehouses and boost its cold chain, the company said in a statement.

Byju Raveendran joined the rarefied club after his Think & Learn Pvt scored $150 million in funding earlier this month.

The Commerce Minister said in the Lok Sabha that with a corpus of Rs 10,000 crore, the FFS will meet the funding needs of startups.

As part of these transactions, current investors Lightspeed Venture Partners and Sequoia India are selling portions of their holdings in Oyo

Icertis, which competes with SAP SE and Oracle Corp. to help businesses manage contracts in the cloud, has raised $115 million, propelling it to unicorn status as investors flock to enterprise software makers.

Oyo will buy Innov8 for $30 million in an all-stock deal, a person with knowledge of the development said.

The ultra-secretive New York-based hedge fund has closed investments in at least half of these startups -- nearly all of them in fintech or enterprise software segments.

Launched in 2015 in Bengaluru, Byju's has so far raised roughly $970 million from investors

If a privately held company issues its shares at a price more than its fair market value, the amount received in excess of the fair market value is taxable as income from other sources under Section 56 (2) (vii)(b) of the I-T Act.

Founded in 2016 by Mukesh Bansal and Ankit Nagori, CureFit has built an integrated health platform

The state-run Indian Space Research Organization, currently preparing for its second lunar mission, has a monopoly on launching rockets in the country