[Indian Startup Funding Weekly Roundup Nov 27- Dec 1] Zyla Health, ShipGlobal, EMotorad, Others Raise Funding
The StartupLab
by Team The Startuplab
1h ago
This week, from 27 November-1 December, several Indian startups across categories raised funds. We will share a few of these updates and provide you with the key points from these funding transactions. Zyla Health | Healthtech Startup Zyla Health, a Gurugram-based health-tech startup, has announced raising $4 million in its Series A funding round. The funding round was led by Exfinity Venture Partners, where Sony Innovation Fund, Venture Catalysts, and Aureolis, led by Paula Mariwala, also participated. As per the Gurugram-based startup, the fresh capital infusion will enable it to accelerate ..read more
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Decoding Tax Benefits for Indian Startups: Eligibility, Tax Exemptions, Tax Deductions, and Incentives
The StartupLab
by Team The Startuplab
1d ago
India, as a startup nation, has grown exponentially over the years, reflecting a sign that the nation prioritizes innovation and progress. To bring startup culture to the mainstream, shows like Shark Tank India are doing their best to spread among the general Indian masses business knowledge. This growth would not have been possible if Indian startups were not supported by government schemes and initiatives like Startup India and Digital India, which aim at building a business culture in the nation. Specifically designed to strengthen the development of startups in India, these gover ..read more
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Top 5 Legal Challenges Faced by Indian Startups and How to Navigate Them Successfully
The StartupLab
by Team The Startuplab
3d ago
India’s business landscape is witnessing a remarkable transformation, accelerated by a growing startup culture and supported by government schemes and initiatives like Startup India and Digital India. Aimed at building a business culture in the nation, these programs have laid a foundation for innovation and entrepreneurship, driving the nation toward a digitally empowered economy.  In fact, the growth is so rapid that India currently has the third-largest ecosystem for startups globally. As of 3rd October 2023, our country has over 1,12,718 DPIIT-recognized startups across 763 distr ..read more
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Business Compliance in India: The Importance of Statutory Compliance for Indian Companies
The StartupLab
by Team The Startuplab
4d ago
It’s no secret that for a company to succeed, a healthy work environment for its employees is necessary. To achieve this, organizations put in the time, effort, and money to ensure every working aspect related to the employee, like payroll, is compliant through a statutory compliance audit. To give you more context, you may not be aware but there are several potential legal issues relating to compliance that worry organizations, including protecting the company from unreasonable wages or employee fair treatment of labor. Although an organization never intends to break these laws, without havin ..read more
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Global Dental Services, Parent of Clove Dental, Raises $50M for Expanding Oral Health Services
The StartupLab
by Team The Startuplab
6d ago
Global Dental Services, a firm that operates oral care startup Clove Dental, has raised an equity investment of $50 million from the Qatar Investment Authority (QIA), which is the sovereign wealth fund of the State of Qatar. As per the firm, the funds will enable the firm to grow the dental clinical network, expand smile-enhancing solutions, and develop a therapeutic oral care product range. This development has come a year after the firm had raised $66 million in funding led by Investcorp, taking the total funding to $116 million. Global Dental Services | Clove Dental Founded by Amarinder S ..read more
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Compliance Assurance: How HR Compliance Checklist Can Help Navigate Legal Complexities in the Modern Workplace
The StartupLab
by Team The Startuplab
1w ago
Creating a safe and productive workplace is key to getting the best from your team. So, how can a company ensure it’s a place where employees flourish? Simple: by sticking to HR rules and policies. This not only keeps the workplace fair and safe but also helps everyone perform at their peak. This is where the HR compliance checklist comes into play. It’s the master list that ensures all the t’s are crossed and i’s are dotted when it comes to legal stuff. It’s how a company stays in line with the law and keeps its team informed. With this checklist in hand, businesses can verify adherence to ..read more
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MS Dhoni Invests in Fitness Startup Tagda Raho, Boosting Indian Traditional Training
The StartupLab
by Team The Startuplab
1w ago
Former Indian Cricket team captain Mahendra Singh Dhoni is again in the headlines as the cricket legend has invested in Bengaluru-based fitness startup Tagda Raho. While the amount raised by the startup remains undisclosed, Tagda Raho is set to launch its first dugout in Maharashtra in December, followed by four to five additional states within the coming year. Tagda Raho | Traditional Strength Training Products Founded by Rishabh Malhotra, Tagda Raho is on a mission to reintroduce India and the world to traditional Indian strength training through its products, such as Indian clubs – the Ga ..read more
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Beauty Brand Conscious Chemist Gets Investment Boost from Inflection Point Ventures for Product and Retail Growth
The StartupLab
by Team The Startuplab
1w ago
Conscious Chemist, a beauty brand, has made headlines by securing an undisclosed amount in a bridge funding round from early-stage investor Inflection Point Ventures (IPV).  As per the brand, the fresh capital infusion will enable it to expand product categories and improve its brand presence. Further, the fresh infusion will enable the startup to establish offline retail stores. It’s noteworthy that the development comes a little less than two years after cosmetics firm Lotus Herbals Pvt. Ltd acquired a 25% stake in Conscious Chemist in January 2022.  Conscious Chemist | Clean Bea ..read more
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Baby Care Brand Herby Angel Raises $2.5 Mn Funding to Expand Product Offerings
The StartupLab
by Team The Startuplab
1w ago
Herby Angel, a Noida-based ayurvedic and organic baby care brand, has raised $2.5 million (Rs 20.8 crore) in a funding round from JCBL Group.   As per the startup, the freshly raised funds will be used to expand its distribution and product portfolio. Further, the fresh infusion will enable the startup to develop its technology stack, research and development (R&D) initiatives, and marketing.  Herby Angel | Baby & Kids Care  Founded in 2023, Herby Angel is a Noida-based omnichannel baby care brand that is revolutionizing baby & kids’ care with organic, Ayurved ..read more
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Cross-border Commerce Startup Jodaro Secures $750K in Seed Funding for Tech-driven Expansion
The StartupLab
by Team The Startuplab
1w ago
Jodaro, a startup offering tech services for cross-border commerce, has made headlines by raising $750,000 (Rs 6.2 crore) in a seed round of funding led by Fundamental VC, with participation from Maninder Gulati. As per the startup, the freshly raised funds will be used for developing its technological capabilities and hiring talent. Further, the capital infusion will enable the startup to expand the brand across geographies. Jodaro | Global Commerce Enabler Founded by Rajiv Patki and Sambuddha Adhikari in 2023, Jodaro is a global commerce enabler that directly connects manufacturers with en ..read more
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