Startup Around

Startups in India raised $62 million in funding, cutting across 12 deals, in the first week of April.

In comparison to the previous week, when the startup ecosystem raised $133 million, it was certainly a decline.

In terms of value of the deals, growth stage accounted for $24 million followed by early stage at $18 million.

Highlights of the weekBengaluru-based payments technology firm Juspay Technologies raised $21.6 million in its Series B funding.

Other dealsRecko, the enterprise fintech startup, has raised $6 million Series A funding led by Vertex Ventures Southeast Asia and India. | To read full story, visit https://startuparound.com/read/1585972805.4272952/[Weekly-funding-roundup]-Startups-raise-$62-million-across-12-deals?ref=audio_experience

The COVID-19 outbreak is clearly a black swan event, and in this episode of Matrix Moments, Vikram Vaidyanathan, Managing Director, Matrix Partners India, and Rajat Agarwal, Director, Matrix Partners India speak about what fintech startups can do.

Usually, financial services are affected by a risk of fear of losing money.

All of these four constituents have a fear of losing money and therefore they will react in a certain way.

Vikram explains,“This is a fear of losing money plus a fear of losing their lives and the health of their loved ones.

Therefore, fintech startups need to plan for the worst. | To read full story, visit https://startuparound.com/read/1585971010.6521099/[Matrix-Moments]-Amid-COVID-19-crisis,-overreacting-is-the-only-reaction-acceptable-for-all-fintechs:-Vikram-Vaidyanathan,-MD,-Matrix-India-Partners?ref=audio_experience

startups founders and advisors have come together to form the Action Covid-19 Team (ACT) grantWe bring to you the latest edition of Funding Galore: Indian Startup Funding Of The Week!

In the recent round, Bansal has now invested $33 Mn (INR 253 Cr) in his new fintech venture’s $394.1 Mn (INR 3007 Cr) funding round.

Apart from this, 12 startups raised around $116.85 Mn funding and one startup acquisition took place in the Indian startup ecosystem this week.

FingpayMumbai-based fintech startup Fingpay raised $3.5 Mn (INR 27 Cr) in a Series A funding round from IvyCap Ventures.

Stay tuned for the next week edition of Funding Galore: Indian Startup Funding Of The Week! | To read full story, visit https://startuparound.com/read/1585969206.3931644/Funding-Galore:-Indian-Startup-Funding-Of-The-Week?ref=audio_experience

Apart from sewing masks, Sudhir Kumar is also giving away other essential supplies to people in his village in Bihar for free.

As the novel coronavirus sweeps across India, stay aware, informed, and updated with these useful tools and resources.

Pharma giants like Novartis, BD, Boehringer Ingelheim, Bristol-Myers Squibb, Merck, Pfizer, and Sanofi are focussing on potential vaccines and diagnostics.

Tech startup LogisticsNow reveals how technology and data can change the way we fight coronavirus with precise logistics.

Amid a countrywide lockdown to curb the spread of coronavirus, fitness tracking app StepSetGo is encouraging users to walk indoors and earn rewards. | To read full story, visit https://startuparound.com/read/1585967409.6320853/The-inspiring-story-of-an-army-man-fighting-COVID-19?ref=audio_experience

Today I’m going to talk about its big brother — both in size and performance — the Galaxy A71.

The Galaxy A71 is slightly larger than the Galaxy S20 Plus, despite both having the same display size of 6.7-inch.

It’s the biggest Galaxy offering from Samsung bar the flagship Samsung Galaxy S20 Ultra.

The Galaxy A71 comes in Prism Crush Black, Prism Crush Silver and Prism Crush Blue.

Price aside, the Galaxy A71 might be the most well-rounded smartphone in the Rs 20,000 to Rs 30,000 price range. | To read full story, visit https://startuparound.com/read/1585965605.9753551/Samsung-Galaxy-A71:-A-well-rounded-mid-range-smartphone-that’s-been-priced-too-high?ref=audio_experience

Industrialist Kumar Mangalam Birla was born into a generations-old business family in Kolkata, and was groomed to become a successful entrepreneur from the beginning.

When Birla was 28, he had to take over as the chairman of the Aditya Birla Group in 1995, following the death of his father, Aditya Vikram Birla.

Birla is also the chancellor of the Birla Institute of Technology & Science, and the Chairman of the Indian Institute of Technology, Delhi, and the Indian Institute of Management, Ahmedabad.

His daughter, Ananya Birla, is the founder of Svatantra Microfin, a company that provides microfinance to women in rural India.

Here are 11 quotes by the 52-year-old Indian billionaire industrialist to help you stay motivated each and every day. | To read full story, visit https://startuparound.com/read/1585963806.5220747/11-powerful-quotes-by-Kumar-Mangalam-Birla-to-inspire-you-every-day?ref=audio_experience

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Monetisation Integrity ManagerExperience needed: 3-5 yearsTikTok is looking at someone who can support Monetization Integrity Team to establish ads safety policy system.

Their responsibilities also include supporting the optimisation of ads safety procedure, able to update, release, and manage ads safety policy.

For more information, click here. | To read full story, visit https://startuparound.com/read/1585962005.6135037/[Jobs-Roundup]-Join-the-viral-club-with-these-openings-at-TikTok?ref=audio_experience

Putting the two together, combined with his love for books, Abhishek in 2018 started on a journey to reintroduce the love for reading physical books with BookbyKilo, an offline store in Kamothe in Mumbai.

Second-hand books for a first-hand readingBooksByKilo offers good quality books at extremely low prices, as they are priced by their weight.

These are all 100 percent original and pre-loved books,” Abhishek says.

Sharing how he put in place a sourcing model for his books, Abhishek says, “We started with vendor lookup.

Staying relevant has been another big growth driver for the startup, Abhishek says. | To read full story, visit https://startuparound.com/read/1585960205.519265/How-BooksbyKilo-made-its-way-into-bibliophiles'-good-books-with-an-innovative-idea?ref=audio_experience

Kota-based MedCords connects patients, doctors and pharmacies for smooth access and sharing of medical data.

It enables medical stores to get online and chat with their customers in semi-urban areas.

The Android apps, Aayu & Sehat Saathi, and helpline number can be used in Hindi & English, making it easy for Indians to use it.

The patient can use the ‘Order Medicine’ feature to find nearby medical stores and can chat with them to order medicine.

The Aayu team is releasing information on the Aayu app to more than 10,000 users on a daily basis, he tells. | To read full story, visit https://startuparound.com/read/1585958406.270232/Coronavirus:-This-Kota-based-startup-is-providing-healthcare-beyond-metros-amid-lockdown?ref=audio_experience

Photo by Marco Bianchetti on UnsplashDealing with a business failure is mentally tough, but it’s even tougher if you aren’t secure in your financial life.

Fortunately, there are a few steps and strategies that can help you recover financially—if not mentally—in the wake of a business failure.

Make Personal Budget CutsYour next step after a business failure could be to make personal budget cuts to get through this rough patch.

This may not be a wise move if your finances are stretched thin after a business failure.

Think of Your Business Failure as a Fresh StartFor many entrepreneurs, a business failure is simply the mark of a new beginning. | To read full story, visit https://startuparound.com/read/1585956606.0095284/Managing-Personal-Finances-After-a-Business-Failure-–-Business?ref=audio_experience