When the holiday season rolls around, it’s time for Santa and Mrs. Claus to make their annual appearance.

For Al and Nancee Jelsema, this means running a seasonal festive fun business in the Phoenix area.

The couple transformed their love for spending time with their grandchildren into an events business where they provide a festive fun experience for people of all ages.

Clause, told Small Business Trends that they provide, “Santa and Mrs. Claus to hire for events, adult or children Holiday parties.”Business NicheProviding a very authentic experience.

Jelsema explains, “We live in Pueblo El Mirage resort and we were first hired four years ago as Santa and Mrs. Claus for an employee children’s party. | To read full story, visit https://startuparound.com/read/1577199616.5911853/Santa-&-Mrs.-Claus-Provide-Festive-Fun-for-People-of-All-Ages?ref=audio_experience

Tweet NASHVILLE, TN, Gastrointestinal-focused clinical research company, announces a key investment by TKS 1, a joint venture between SPRIM and Tikehau Capital.

To export Objective GI funding data to PDF and Excel, clickClick here for more funding data on Objective GITo export Objective GI funding data to PDF and Excel, click here Objective GI, a gastrointestinal-focused clinical research company, announces a key investment by TKS 1, a joint venture between SPRIM and Tikehau Capital, enabling the company to grow its network of GI-specialty clinical research sites in the United States.

"This investment marks a major step forward for our company to leverage our research platform and strengthen our core offerings," said Colleen Hoke, CEO of Objective GI.

This latest key investment in Objective GI comes from TKS 1, a venture capital collaboration between SPRIM and Tikehau Capital (TKO.FP), an alternative asset management and investment company.

"We're excited to offer the funding and look forward to accelerated growth to the Objective GI infrastructure and network." | To read full story, visit https://startuparound.com/read/1577197814.9893327/Objective-GI-Receives-Investment?ref=audio_experience

Tweet BROOKLYN, NY, Weav Music announced a $5 million Series A financing round.

The round was led by King River Capital.

To export Weav Music funding data to PDF and Excel, clickClick here for more funding data on Weav MusicTo export Weav Music funding data to PDF and Excel, click here Weav Music, the audio innovation lab helmed by Google Maps co-founder Lars Rasmussen and marketing visionary Elomida Visviki, announced a $5 million Series A financing round.

The round was led by King River Capital; global fitness leader Peloton also participated, along with previous investors Passion Capital and Rivet Ventures.

The infusion will enable Weav Music to expand its adaptive music platform - currently available exclusively via the company's award-winning Weav Run app - throughout the health and wellness industry and beyond. | To read full story, visit https://startuparound.com/read/1577196075.79595/Weav-Music-Raises-$5M-in-Series-A-Funding?ref=audio_experience

As the year 2019 comes to an end, IAN with its Angel Network and Fund has announced that it has invested Rs 160 crore in 44 startups across various sectors this year.

IAN has invested in several ventures across sectors like manufacturing, cleantech, biotech, water, agritech, and cybersecurity.

Padmaja Ruparel, Founding Partner of the IAN FundPadmaja Ruparel, Founding Partner, IAN Fund, said,“IAN Fund successfully closed its first fund worth Rs 375 crore, in addition to delivering impressive investor returns, with exits from TagBox and Chakra Innovation.

The company said that IAN also gave an internal rate of return (IRR) of 34 percent to its investors this year.

Several portfolio companies like Coolberg, LBB, Bixcrum, Uniphore, and StyleDotMe raised their next rounds from marquee VCs and strategic investors. | To read full story, visit https://startuparound.com/read/1577194214.090307/IAN-invests-more-than-Rs-160-cr-into-the-startup-ecosystem-across-44-deals-this-year?ref=audio_experience

Don’t invest before knowing the domainTo reduce the risks after investing in any Startup Company, the investor must know the domain in which the startup operates.

Don’t invest all money in a single trackThe best way of reducing the risk of investing is multiple investing of money on different field tracks.

Also Read: How to Do Market ResearchKeep an eye on investing moneyThe investors must keep an eye on investing money.

They should also know of what type of problem occurs and when it occurs during investing money.

Also Read: Top Funded Startups India 2019ConclusionIf you are investing in a startup for the first time, then you must follow the above tips. | To read full story, visit https://startuparound.com/read/1577190607.2914793/Important-Tips-you-know-before-Investing-in-Startups?ref=audio_experience

(Reuters) – Electric vehicle startup Rivian said on Monday it closed a $1.3 billion investment round led by T. Rowe Price and including existing investors Amazon and Ford Motor.

Founded in 2009, Rivian plans to build an all-electric pickup truck, the R1T, and the companion R1S SUV, starting in late 2020.

The company’s total valuation in the wake of the latest investment round was not immediately clear.

Amazon, which has relationships and deals across the auto industry, led a $700 million investment round in Rivian in February.

“We want to maintain a meaningful value in the ownership and future of that company,” Ford spokesman T.R. | To read full story, visit https://startuparound.com/read/1577188805.5898747/Rivian-raises-$1.3-billion-for-its-electric-pickup-truck-and-SUV?ref=audio_experience

Mumbai-based edtech startup Eduisfun has raised funding of Rs 200 crore from a clutch of angel investors and high net-worth individuals, including Deepak Parekh and Amitabh Bachchan, who have invested in their personal capacities, according to media reports.

Image credit: Amitabh Bachchan's FacebookThis funding round also saw the participation of Ogilvy Group's Piyush Pandey and former KPMG India CEO Russell Parera.

According to a Google-KPMG report, the online tutoring market is expected to grow dramatically in the next two years to around 10 million users.

This will still represent only a tiny sliver of the Indian student population of over 250 million students currently enrolled in schools, indicating a tremendous potential.

One of the big player in this space is BYJU'S, which received $540 million (Rs 3,865 crore) in funding in December last year. | To read full story, visit https://startuparound.com/read/1577187006.413416/[Funding-alert]-Edtech-startup-Eduisfun-raises-Rs-200-Cr-from-Amitabh-Bachchan,-others?ref=audio_experience

And by 2005, around 10K CNG buses, 55K CNG three wheelers, 5K CNG minibuses along with taxis and cars ran on Delhi’s roads, with similar numbers in many of the other metros in the country.

The government sanctioned 5,595 electric buses in 64 cities for intracity and intercity operations under the scheme in August 2019.

The company said that it would supply Urban 9/9 Electric buses which will run in Ahmedabad’s bus rapid transit system (BRTS) corridor.

Local manufacturing of EV componentsUnlike CNG, EV space involves higher number of stakeholders, which makes it difficult to form consensus on ideas.

High acquisition costs – Typically electric buses cost about 3-4 times the cost of CNG or diesel buses. | To read full story, visit https://startuparound.com/read/1577185309.81832/Can-Electric-Buses,-EVs-Recharge-India’s-Public-Transportation??ref=audio_experience

Bengaluru: Mantra Softech India, a biometric-based point of sale (PoS) device manufacturer major, is eyeing more government-run projects in areas such as driving license, national population registry, social security to drive faster growth.Mantra Softech, which has sold more than 2.3 million biometric-based devices across the country, is also expanding its presence in African and UAE markets.The company, founded by Hiren Bhandari and Bhavyen Bhandari, has sold more than 2.3 million biometric devices across the country.

Mantra Softech’s clients include JSW, Tata Group , SAIL, Airtel Dena Bank , Bank of Baroda, Union Bank, Kotak Mahindra Bank, Vodafone , Indian Post Bank and others.Mantra Softech said its all-in-one biometric PoS terminals have been used in more than 19,661 fair price shops in Western Uttar Pradesh, thereby collectively serving nearly 8.6 million eligible families.For the next phase of growth, the company is developing solutions for airports and metro rail.“Mantra Softech is designing state-of-the-art end-to-end security solutions for identification like Airport and Metro solution,” said Hiren Bhandari, Director -Technical and co-founder, Mantra Softech, adding that the company is going to focus on 6-7 launches every year in the near future. | To read full story, visit https://startuparound.com/read/1577183407.6092422/Biometric-based-PoS-maker-Mantra-Softech-bets-big-on-govt-projects?ref=audio_experience

In a media report, MMT said that the new feature will be helping commuters beat the congestion, save time at the metro stations and provide seamless connectivity.

More than anything, the new feature will help commuters book a one-way, return journey ticket and monthly pass through MMT’s application or website.

Currently, the new MMT service is available for 20 metro stations.

The service will be made available across all 49 metro stations in the coming months.

In Q2 FY19, the company has recorded $39.8 Mn, and in Q2 FY20 it recorded $31.9 Mn. | To read full story, visit https://startuparound.com/read/1577181608.1589744/MMT,-L&T-Metro-Rail-Collaborate-To-Help-Hyderabad-Commuters-Go-Cashless?ref=audio_experience