Startup News: 12th July 2021 - 18th July 2021

Good Morning Monday!! As we enter a new week, let’s get a round of latest trending startups news insights.


12th July, 2021


Weekly Startup news


1. Indian financial services firm MobiKwik looks to raise $255 million in IPO

Gurgaon-based Digital payments firm Mobikwik, plans to raise up to $255 million in an initial public offering. It's in the race of becoming the latest Indian startup to explore the public markets, read more

2. Gembah raises $11M to ‘democratize product innovation’

The Austin-based Gembah has raised an $11 million Series A. The company’s product is a platform/marketplace designed to guide users through the product-creation process, read more


13th July, 2021


Weekly Startup news


1. Carsome Group will acquire iCar Asia in a deal worth $200M

Carsome has agreed to acquire 19.9% of iCar Asia from Malaysia internet conglomerate Catcha Group. It plans to acquire listings platform iCar Asia in a transaction worth more than $200 million. Read more

2. Remote raises $150M on a $1B+ valuation to manage payroll

Remote, which offers instruments to handle onboarding, payroll, advantages and different providers for tech, has raised $150 million. 

3. Cadoo gets $1.5M to gamify fitness with betting challenges

US-startup Cadoo, has collected $1.5 million in seed funds. it's gamifying fitness by turning it into a betting opportunity, using the prospect of winning/losing, read more

4. Looking Glass launches second-gen holographic displays

Brooklyn-based Looking Glass is offering new versions of the Looking Glass 4K and 8K systems, which sport 15.6- and 32-inch displays, respectively. Read more


14th July, 2021


Weekly Startup news


1. Breach simulation startup AttackIQ raises $44M to fuel expansion

AttackIQ Academy provides free entry-level and advanced cybersecurity training and hands-on cyber range labs, read more

2. Former Nutanix execs launch new startup with $50M seed round

The idea behind the new company is to break down the silos that exist between the front of the office and the back of the office and give developers in-depth understanding of the customers using their products, read more

3. Stytch, an API-first passwordless authentication platform raises $30M

Ex-Plaid employees raised $30 million in a Series A round of funding as it launches out of beta with its API-first passwordless authentication platform called Stytch. Read more


15th July, 2021


Weekly Startup news


1. American Express taps startup BodesWell for expansion into financial planning

American Express is branching out into financial planning, with a little help from a seven-person startup called BodesWell. The new product is designed to give users a complete picture of their financial health, read more

2. Inshorts secures $60M from Vy Capital and existing investors

India-based Inshorts, has raised US$60 million in funding and it will be used to scale up its tech infrastructure, content offerings, and employee base. Read more

3. Gourmey is a cell-based poultry startup working on lab-grown foie gras

A new French startup Gourmey, that currently raised a $10 million founding round in equity and debt. The company is focusing on poultry and aims to offer restaurants, read more


16th July, 2021


Weekly Startup news


1. Yummy raises $4M, aims to be ‘super app of Venezuela’

Venezuela-based delivery app Yummy, has raised $ 4 million in funding to expand its dark store delivery operations across Latin America. Company aiming to create the super app for the country, read more

2. Taste intelligence startup Halla closes $4.5M Series A1 to predict which grocery items shoppers will buy

Headquartered in New York - Halla wants to answer the question of how people decide what to eat, and now has $4.5 million in fresh Series. Read more

3. Easy Eat AI raises $5M to help Southeast Asian restaurants digitize their operations

Easy Eat AI, a Singapore-based startup that wants to “transform restaurants into technology companies it has raised $5 million in funding, read more


17th July, 2021


Weekly Startup news


1. Voice assistant-as-a-service startup ‘Slang Labs’ raises $500k in Google led funding

The Bengaluru-based startup has raised a sum of $500,000 in a fundraiser led by Google Assistant under its Investments programme, read more

2. This startup aims to improve workplace conversations with ’empathy-as-a-service’ software

Empathic AI is part of a much broader field of computer science, originally known as affective computing and more recently referred to as emotion AI, read more


18th July, 2021


Weekly Startup news


1. This edtech startup prepares youngsters for government and competitive exams

A computer engineer, started online learning platform Exampur. The platform, run under Learning Closet Pvt Ltd, offers courses for government exam preparation, with a hybrid model that provides offline and online teaching facilities to aspirants, read more

2. UpsideHōm Raises $2.25M in Seed Funding

UpsideHōM, a Fort Lauderdale FL-based managed living company for older adults, closed $2.25m in seed funding. Read more


If you missed out the previous week or entire month updates of startup world news, follow the link to read it now and stay updated with every passing update with us.

Startup News: 5th July 2021 - 11th July 2021

Startup News: 28th June 2021 - 4th July 2021

Startup News: 21st June 2021 - 27th June 2021

Startup News: 14th June 2021 - 20th June 2021

Startup News: 7th June 2021 - 13th June 2021

Startup News: 31st May 2021 - 6th June 2021

Startup News: 24th May 2021 - 30th May 2021

Startup News: 17th May 2021 - 23rd May 2021

Startup News: 10th May 2021 - 16th May 2021

Startup News: 3rd May 2021 - 9th May 2021


We, at OpenGrowth, are constantly looking for latest news in the startup ecosystem. If you want to share any important news from last week, then do let us know in the comment section below.

Amritanshu, a geek, an explorer, traveler and innovative creator by heart. Experimenting with new ideas and exploring innovative technologies are his break-through talent. Endless craze for technology and creativity. Associated with editorial team at OpenGrowth and keenly serving great stuff from startup world.


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