🇮🇳 Roundup: Rebel Foods ramps up hiring, and more
Startups including Monster.com, Unbox Robotics, Veefin, and Gobillion collectively raised at least US$30.9 million today in disclosed funding from international and local investors.
Here’s a snapshot of the fundraising:
Here’s some important tech news in India today:
HealthQuad raises US$150 million for second fund
Healthcare VC firm HealthQuad has raised US$150 million in the pre-final close of its second fund, with a final close expected by March 2022.
Global financial and strategic institutions sent in their commitments to the fund. HealthQuad didn’t name the firms, but the VC said that they come from the global pharmacy, healthtech, and financial development industries. HealthQuad added that the fund also saw commitments from large European conglomerates.
Salesforce kicks off startup program
Dubbed as Salesforce Startup Program, the customer relationship management platform will provide startups with access to Salesforce products.
The company will also link them to experts, mentors, and even funding opportunities through its investment arm, Salesforce Ventures.
The firm didn’t disclose any information on the number of startups it would accept for the program or whether it would be investing in them, but Salesforce is reportedly opening the program to participants from other accelerators.
CityMall jumps into fresh grocery space
Social commerce platform CityMall is taking another shot at the fresh grocery industry as it is reportedly targeting to launch delivery services in the next quarter.
The firm is currently addressing supply chain issues, which marred its first attempt in the space, by decentralizing its processes.
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