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Pristyn Care eyes unicorn club👨🏻⚕️
VerSe acquires GolBol, Salman Khan to launch his NFT collection, Funding Deals & more.
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Pristyn Care in talks to close new round at over $1.2 billion valuation🩺
Pristyn Care, a three-year-old Gurugram-based healthcare startup is in talks with investors like Sequoia Capital US and others to raise $90-110 million, which may value the company at $1.2-$1.4 billion.
If the latest funding round goes through, the healthcare startup will see its valuation double in six months after it raised $53 million from investors led by Tiger Global valuing it at $550 million in April this year.
Healthtech companies have seen unprecedented growth in business traction due to the pandemic. In the recent past startups like MFine, Visit, ConnectedH, HealthPlix, mHealth have received funding from investors.
VerSe Innovation acquires social networking app GolBol in a bid to enhance Josh🤳🏻
VerSe Innovation, parent of local language news aggregators Dailyhunt and short-form video app Josh, on Wednesday announced the acquisition of Indian social networking app GolBol.
The GolBol team will be focussing their efforts on enhancing Josh Cam, a mobile video editing app designed exclusively for users and creators of the short-video ecosystem.
GolBol marks VerSe’s third acquisition this year. Previous acquisitions made by the company in 2021 include Bengaluru-based Cognirel Technologies Pvt. Ltd to improve its AI capabilities; and video-sharing app Vebbler, to increase creator offerings on Josh.
Fraazo, a direct-to-consumer brand in the fresh fruits and vegetables category, has raised $50 million in a Series B fundraising round led by WestBridge Capital.
Melorra, a direct-to-consumer jewellery brand, has raised $24 million in a round led by 9Unicorns, Venture Catalysts, and Param Capital.
Insurtech startup GramCover announced that it has raised $7 million in a Series A round co-led by Siana Capital and Inflexor Ventures in a Series A round.
Arcana Network, a blockchain startup that offers decentralised storage and data privacy platform for Ethereum, has raised $2.3 million led by Republic Crypto and Woodstock Fund.
Salman Khan jumps onto the NFT bandwagon with Bollycoin💪🏻
Bollywood actor Salman Khan will soon launch a non-fungible token (NFT) collection, according to his Twitter post on Wednesday.
Read our explainer here: NFTs explained
The development follows veteran Bollywood actor Amitabh Bachchan’s announcement of launching his own NFT-backed videos, signed posters, and digital collectibles.
According to market tracker DappRadar, NFTs generated almost $11 billion in sales between June and September, an eight-fold increase compared to the previous quarter.
Tweet of the day🐥
⏩ Technology company Nothing, founded by OnePlus co-founder Carl Pei, said it has raised $50 million.
⏩ Flipkart appoints Myntra executive Ayyappan R as Cleartrip CEO in a big restructuring move.
Persistence beats timing. Execution beats luck. Not immediately, but eventually.
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