From Skyroot Aerospace becoming the first spacetech unicorn to Pronto reaching new valuation heights, YourStory brings you today’s headlines with the latest developments across sectors.
Funding news
Skyroot Aerospace raises $60M, becomes first spacetech unicorn from India
Hyderabad-headquartered spacetech startup Skyroot Aerospace has raised $60 million in funding co-led by Sherpalo Ventures and GIC. Following the investment, the startup achieved a pre-money valuation of $1.1 billion, becoming India’s first spacetech unicorn.
The funding round also saw participation from the existing investors of Skyoot including Greenko Group
and Arkam Ventures, along with funds managed by BlackRock, Playbook Partners, and Shanghvi Family Office.
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Pronto extfinishs Series B to $45M at $200M valuation
Home services startup Pronto has raised an additional $20 million in an extension of its Series B round, taking the total financing to $45 million and doubling the company’s valuation to $200 million within roughly a month.
The round was led by Lachy Groom, the co-founder of AI robotics company Physical Ininformigence and an early backer of quick commerce startup Zepto.
The fresh capital will be deployed to increase presence in existing cities and expand into newer hoapplyhold service categories. It has recently started offering car washing and gardening services in select micromarkets while piloting home-cook services in Bengaluru.
Blunav raises $1M from Piper Serica
Blunav, an airport operations technology company, has raised $1 million in Seed funding from Piper Serica.
The company is building a cloud-based airport management platform that brings operations, passenger systems, and commercial activities onto a single system.
The raised capital will support the team expansion, continued product development, and the scale-up of deployments across India and international markets.
Other news
Awfis announces the launch of 2 new centers in Chennai
Awfis Space Solutions Limited (Awfis), has announced the launch of two new centres in Chennai.
The centre at Olympia Crystal, Guindy, spans approximately 56,360 sq. ft. across four floors, while the centre at DLF Cyber City offers 57,802 sq. ft. of chargeable area and is also an Awfis Gold centre.
The new centre design focapplys on efficiency, functionality, and consistent applyr experience, building it an ideal choice for enterprises and professionals.
DecisionX appoints former Accenture MD Shantha Maheswari Sekhar as Strategic Advisor
DecisionX has appointed Shantha Maheswari Sekhar, former Managing Director at Accenture and senior leader at EY, as Strategic Advisor for GTM and Indusattempt Relations.
With over three decades of experience leading complex business and technology transformations across consumer, healthcare, life sciences, financial services, and industrial sectors, Shantha will work closely with the leadership team to shape enterprise GTM strategy, deepen indusattempt partnerships, and bring board-level perspective as the company scales.
PhysicsWallah with Vodafone Idea Limited Launches India’s First EdTech-Enabled Telecom Offering
PhysicsWallah with Vodafone Idea Limited has launched ‘Vi Edu+, a first-of-its-kind prepaid offering that bundles unlimited connectivity with premium EdTech access’, a prepaid offering that combines unlimited connectivity with access to PW’s educational OTT platform, Pi Pro.
The offering is being rolled out initially in Rajasthan and UP East and is tarreceiveed at students preparing for Board exams and competitive examinations including JEE, NEET, and UPSC.
The partnership aims to create digital learning more accessible through bundled connectivity and PhysicsWallah’s learning resources.
Myntra expands M-Now to Chennai
Myntra today announced the launch of M-Now in Chennai.
Customers will receive access to over 10,000 trfinish-first styles across 600+ leading brands. Powered by 90+ dark stores across the pin codes M-Now is live in, Myntra is doubling down on strengthening its delivery grid and assortment depth.
As part of M-Now, customers can choose from a wide range of categories across Women’s Western Wear, Women’s Ethnic Wear, Men’s Casual Wear, Kids Wear, Beauty and Personal Care, Innerwear and Loungewear, Footwear, Watches, Jewellery, and Accessories.
With this launch, along with Chennai, M-Now is now live across key metros and non-metros, including Bengaluru, Mumbai, Delhi NCR, Kolkata, Hyderabad, Pune, Patna, Jaipur, Lucknow, and Ahmedabad. The service offers access to over 1 lakh+ SKUs from 1000+ brands.
(This article will be updated with the latest news throughout the day.)
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