Mind The Gap By Freshchat

Last week in Startups - India - Mind the Gap News

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Sinopsis

This week Bengaluru-based hyperlocal grocery startup, BigBasket, finally closed its $150 Mn Series F funding round. With the latest round, the company has comfortably landed on the unicorn club.The company will use the funds towards growth through further penetration into existing markets with more investments in the first mile, scaling-up of its supply chain and for developing new reseller channels. Further, Mukesh Bansal and Ankit Nagori-led fitness startup Cure.fit raised $75 Mn from Piramal Group’s Anand Piramal, Accel Growth, Kalaari Capital, IDG Ventures India. Cure.fit uses an online-offline model to offer physical fitness (Cult.fit), mental fitness (Mind.fit), nutrition (Eat.fit), with a primary care vertical (Care.fit) coming soon. Gurugram-based digital nutrition platform HealthKart raised $25 Mn from Sofina in a fresh round of financing. The company said it would use the funds to further expand its store network, and plans to use data science and artificial intelligence (AI) to improve its customer