Startup News: 31st August - 6th September 2020


6th Sep'20

New Week. New Possibilities. New Gains. But, before we dive in to this new week, let’s take a weekly round up for the last week. 

Happy Monday Morning and Happy Reading!


31st August, Monday


  • Google launches Google Kids Space, a ‘kids mode’ feature for Android, initially on Lenovo tablets

  • RealPage acquires real estate IoT startup Stratis

  • Amazon’s Prime Air drone delivery fleet gains FAA approval for trial commercial flights

  • Capchase raises $4.6M to deliver fast cash to SaaS companies

  • Semalytix picks up €4.3M to build the world’s largest patient experience data set


1st September, Tuesday


  • Apple launches COVID-19 ‘Exposure Notification Express’ with iOS 13.7 — Android to follow later this month

  • Toss Lab raises $13 million Series B for its collaboration platform JANDI, the ‘Slack of Asia’

  • Google’s AI-powered flood alerts now cover all of India and parts of Bangladesh

  • Lunchclub, a 15-person start-up that makes professional introductions, tops $100 million valuation as usage spikes in quarantine

  • Grabango launches cashierless checkout in a Giant Eagle supermarket in Pittsburgh


2nd September, Wednesday


  • India’s online learning platform Unacademy raises $150 million at $1.45 billion valuation

  • India bans PUBG and over 100 additional Chinese apps

  • Zomato closes $62 million funding from Temasek

  • Xanadu launches quantum cloud platform, plans to double qubits every 6 months

  • 3one4 Capital launches $100M fund to back early-stage startups in India


3rd September, Thursday


  • Apple alum’s jobs app bags $8m in series A money from Sequoia, Lightspeed, others

  • Health start-up Biofourmis raises US$100 million from SoftBank, other investors

  • TVS Motor Company invests ₹30 cr in electric vehicle start-up

  • Xiaomi backs Dyson’s Chinese challenger Dreame in $15 million round

  • France to spend $8.4 billion on digital as part of stimulus plan


4th September, Friday


  • Indian audio streaming startup Gaana raises $50m in Tencent-led round

  • G7CR Technologies Launches $5 Mn Fund For Startups and SMBs

  • African startups raise $75k from Enygma Ventures at Startup Circles demo day

  • Qualcomm-powered Chinese XR startup Nreal raises $40 million

  • Legal-tech startup Lawyered to raise Rs.7 crore in pre-series funding


5th September, Saturday


  • Agri-tech Startup Aibono Raises $2M From Investors

  • San Francisco Foundation invests $5 million in affordable housing fund

  • Goldman Sachs joins Alibaba-backed Ant's IPO offering of up to $30 billion

  • Winzo Raises $18M in Series B Funding Led by Makers Fund and Courtside Ventures

  • Happiest Minds raises Rs 316 crore through anchor investors ahead of IPO


6th September, Sunday


  • Palmerston North-created delivery app Run4U taking aim at Delivereasy and Uber Eats

  • Lakshmi Vilas Bank to raise ₹1,500 cr to fund biz growth, increase foreign shareholding

  • Netflix, Amazon Prime Video, 13 others adopt self-regulation code: IAMAI


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.


News Curated by: Priya Nath

Priya is an enthusiastic person who believes in gender equity and social impact. She has a keen interest in startups. Her passion includes owning innovative gadgets, networking and psychology.

The Editorial Team at OpenGrowth is working to provide you with the perfect place to know everything about startups. Feel free to connect to us.