MediaCatalyst, Author at MediaCatalyst : News - Opinion - Analysis

02 Feb

MediBuddy Closes $40 Mn in Series B Round

MediaCatalyst0 CommentsInvestment, NewsMediBuddy

MediBuddy, a digital healthcare platform, announced the closure of its $40 million Series B round. This follows the recent infusion of $20 million led by India Life Sciences Fund III, LLC, with participation from other investors. The digital healthcare platform had earlier announced an initial funding of $20 million (INR 150 crores) in June 2020 under this round. MediBuddy is led by co-founders Mr. Satish Kannan & Mr. Enbasekar as the CEO and the CTO respectively. In June 2020, to create market leadership in the digital healthcare industry, DocsApp (India’s leading online doctor consultation platform) merged with MediBuddy and has…

21 Jan

Essential Tips for Businesses Looking to Combat Mental Health Issues

MediaCatalyst0 CommentsHealthInternational SOS, Mental Health

In these difficult times, it is vital that businesses address the issue of mental health head on, developing a sophisticated mental wellness strategy to fulfil duty of care responsibilities and help employees with their mental health resilience. Beyond the obvious positives implementing these strategies would have for employees, businesses have a direct interest in investing in creating a mental wellness program; according to data from International SOS’ recent Risk Outlook 2021, 1 in 3 risk professionals believe that mental health issues will contribute significantly to declining productivity levels this year. A business that supports employees appropriately will therefore likely be in…

21 Jan

Our Beneficiaries are at The Center of All Our Efforts: CEO, Akshaya Patra Foundation

MediaCatalystCSR, InterviewHappiness Kit Initiative, The Akshaya Patra Foundation

It is a proud moment for an organization when its name becomes synonymous with a particular initiative that is focused on creating a positive impact in society. The same has been the case with The Akshaya Patra Foundation. From serving just 1,500 children in 5 schools in 2000 to millions of children through its over 52 kitchens across across 12 States & 2 Union Territories of India, the Foundation strives to eliminate classroom hunger by implementing the Mid-Day Meal Scheme in government schools and government-aided schools. Mr. Shridhar Venkat, CEO - The Akshaya Foundation The Akshaya Patra Foundation recently launched…

15 Jan

Online Learning and e-Assessment: The Only Way to Ensure Continuity in Learning

MediaCatalyst0 CommentsEducation, InterviewDigital Education, e-Assessment

Over the last few months, as the COVID 19 pandemic took the world hostage, it brought almost everything to a grinding halt. This impacted businesses in almost all sectors negatively worldwide, but it has also given a push to EdTech companies simultaneously, due to the school and university closures. Imparting education digitally must also be facilitated with robust e-assessment or digital assessment solutions. Mr. Karan Gupta, Co-founder at AssessPrep shares his insight on e-assessment and how AssessPrep is changing the e-assessment landscape through its assessment platforms. Read is what he has to say. Tell us about AssessPrep and how it…

11 Jan

Sterlite Power Raises INR 200 Cr from Allianz Global Investors

MediaCatalyst0 CommentsInvestment, NewsAllianz Global investors, Sterlite Power

Sterlite Power, a leading global power transmission player, announced today that it has raised INR 200 crore in debt financing from Allianz Global Investors (Allianz GI) - one of the world’s leading investment managers with focus on sustainable investments. This transaction is one of the first infrastructure sector financing deals for Allianz GI in India. The INR 200 crore facility from Allianz GI has been raised as a non-convertible debenture with a three-year tenure and is part of the larger refinancing exercise undertaken by Sterlite Power to reduce its holding company borrowings. Sterlite Power is increasingly focused on integrating renewable energy (RE) to the grid.…

11 Jan

Managing Unplanned Expenses with an Instant Loan App

MediaCatalyst0 CommentsBanking, Finance, Insurance, ColumnInstant Loan App

In a rapidly evolving economy, expenditure patterns also evolve rapidly. Especially in today’s age, one that is increasingly dominated by millennial professionals. With the tremendous rise in the corporate culture (and rising costs of living) in all the metropolitans, unplanned and contingent expenses are off the roof. More than any time before, people want that dream vacation or the dream car or that spontaneous shopping plan or road trip. Millennials have been characteristized with that go-getter attitude - they need it all, sometimes without even having the saved up money for it. The need for money for unplanned expenses saw…

09 Jan

Jumbotail Raises $14.2 Mn in Series B3 Round Led by VII Ventures

MediaCatalyst0 CommentsInvestment, NewsDiscovery Ventures, Jumbofund, Jumbotail, Klinkert Investment Trust, Nexus Venture Partners, Nutresa, Peter Crosby Trust, Veronorte, VII Ventures

Jumbotail, a new retail platform and B2B marketplace for food and grocery products, has raised $14.2 million Series B3 round of funding led by VII Ventures with participation from Nutresa, Veronorte, Jumbofund, Klinkert Investment Trust, Peter Crosby Trust, Nexus Venture Partners, Discovery Ventures, and a group of HNIs and industry leaders. This round comes in quick succession after a $11M Series B2 round raised in October 2020, bringing the total funds raised by the company to $54mn. Ashish Jhina, Co-founder, Jumbotail, said, “Jumbotail is at an inflection point in its growth trajectory. We are seeing tremendous interest from investors across the globe who…

05 Jan

Practically Raises $4 Million in pre-Series B Round

MediaCatalyst0 CommentsInvestment3rdFlix Visual Effects Pvt Ltd, Practically, Siana Capital

Mumbai, Jan. 05, 2021: Practically, a product of 3rdFlix Visual Effects Pvt Ltd, announced that it has raised $4 Million in a pre-Series B round. The round was led by Siana Capital, a deep tech investor, with participation from existing investors YourNest Venture Capital and Exfinity Ventures. The company had previously raised Series A funding of $5 Million in 2019. The funds will be invested in expanding the operations of Practically. The Practically School Solution, a B2B2C offering, gives schools and its teachers access to the Practically teacher app FREE of cost. Teachers can access 3000+ videos and 1000+ Simulations/AR and features…

05 Jan

Legalwiz.in Raises Rs 3.8 CR Funding from ContCentric

MediaCatalyst0 CommentsInvestment, NewsContCentric, Legalwiz.in

Ahmedabad, Jan. 05, 2021: Legalwiz.in, Gujarat-based LegalTech firm, today announced that it has raised Rs 3.8 crores of funding from ContCentric IT Services Private Limited, an enterprise content management company. Started in April 2016 to cater to StartUps & SMEs, Legalwiz.in enables legal, financial, corporate & taxation compliances. Speaking on the occasion, Mr Shrijay Sheth, Founder – Legalwiz.in, said, “We are excited about the funding from ContCentric because it will help to optimize Legalwiz.in performance and create new avenues for delivering greater value. It is a strategic funding against Technology roadmap for Legalwiz.in. This dovetails with our founding credo of Simple – Affordable…

23 Dec

Microsoft’s Latest Film on #BuildingResilience Celebrates India’s Spirit of Being Unstoppable

MediaCatalyst0 CommentsNewsHum Rukna Nahi Jaante, Microsoft

New Delhi, December 23, 2020: Microsoft India today released its first ever holiday ad film, Hum Rukna Nahi Jaante, celebrating the resilience of the human spirit. The film is a fitting adieu to 2020, putting a spotlight on how people across the country have shown everyday resilience in meeting the challenges that this year has brought, and how technology has played a role in enabling diverse experiences. The film is part of Microsoft India’s #BuildingResilience campaign, launched in September this year to share inspirational stories of transformation across industries, organizations and individuals, driving a conversation around what it takes to thrive in this environment.…