Udaan raises another $300 million (and other top stories of the day)

Mid-day Digest - 30th August [Edtech startup Vedantu raises $42 million]( Bengaluru-based Vedantu has raised $42 million in funding, led by Tiger Global and WestBridge Capital. The Series C round also saw participation from existing investors including Accel, Omidyar India, and TAL Education. [Read More.]( [Udaan raises $300 million]( B2B online marketplace for small and medium businesses Udaan’s Singapore-based parent entity raised a funding of $300 million in its on-going Series D round from investors such as Altimeter Capital, Footpath Ventures, GGV Capital, and Hillhouse Capital. [Read More.]( [T-Hub launches angel funding programme for startups]( Hyderabad-based T-Hub announced the launch of its funding programme T-Angel, a joint venture with Telangana government, to empower and enable early stage investment ecosystem through angel investments. [Read More.]( [Indifi appoints former Freecharge CEO as President]( Gurugram-based fintech platform Indifi Technologies has appointed former Freecharge CEO Sangram Singh as its President. In his role, Singh will be responsible for spearheading operations and driving business growth. [Read More.]( [Announcing TechSparks 2019 – the tenth edition of India’s largest and most prolific startup conference]( How does India of 2025 look like? What does the future hold for India? What are the elements of today’s India we’ve to carry with us to reach there? There’s no doubt that technology-enabled and data-enriched solutions will define India’s growth in next decade. Over 1.35 billion Indians crave for convenience, prosperity, and resources for all. As enterprising as ever, our entrepreneurs are leading the way by building for tomorrow. And to celebrate the spirit of entrepreneurship, we, at YourStory, are absolutely thrilled to bring you a very special 10th edition of TechSparks– India's oldest and most prolific startup conference. [Designed around ‘India 2025 - Inclusive, Future-ready, Intelligence-led’, the tenth edition of TechSparks - India’s most loved startup summit - will take place on October 11 and 12 in Bengaluru.]( [Banks could be made answerable for denying loans]( Banks might be made answerable in future for refusing loans to eligible MSME players, said Minister of State for MSME Pratap Chandra Sarangi. [Read More.]( [P2P lending startup LenDenClub raises $1 million]( P2P lending platform LenDenClub has raised pre-Series A funding of $1 million led by Artha Venture Fund. The round also saw participation from family offices including UAE-based Transworld Group, as well as some marquee angel investors. [Read More.]( [How India is Flexing the skilling muscle to leverage its demographic dividend and drive growth]( By ensuring that skills are learnt through formal means and recognised and certified, the Skill India Mission is bringing about a shift in the Indian economy – from unorganised to organised. Read how the Skill India Mission is playing a key role in re-skilling and up-skilling the workforce as the country marches on towards achieving $1.97 trillion worth GDP growth . [Read More.]( Startups are at the forefront of innovation through disruptive technological solutions and new business models, and established business houses like yours are masters of scale. CII believes that the future of the country’s industry is at the junction of these two models and wants to be at the forefront of bringing about this revolution. To achieve these goals, in 2018, CII successfully launched the CII Startupreneur Awards: Corporate – Start-up Business Partnership Platform. These awards provide the most prestigious recognition from the corporate world to most promising start-ups for their excellence in cutting edge / disruptive technologies and innovation, wealth creation, and employment generation. [Apply for CII Startupreneur Awards 2019 here.]( Follow us on social media for more frequent updates [Facebook]( [Twitter]( [Instagram]( [Linkedin]( -- [Click Here]( to unsubscribe from this newsletter.