MediaCatalyst – Page 26 – MediaCatalyst : News – Opinion

11 Feb

mCaffeine Curates Perfect Gifts for This Valentine’s Day

MediaCatalyst0 CommentsLifeStyleCoffe Beans - Gift Kit, Coffee de-stress - Gift Kit, Coffee Mood - Gift Kit, mCaffeine

With Valentine’s Day (14th February 2021) landing up on the coming weekend, mCaffeine, the caffeinated personal care brand, has curated a special array of gifts for the occasion. mCaffeine’s Valentine series, themed “Coffee for your Valentine”, features three distinct gift packs. The first is the Coffee Beans – Gift Kit, featuring three mCaffeine naked & raw Coffee Bathing Bars, namely – Espresso, Cappuccino, and Latte – and a Bean Tray made of premium wood to place them. These Coffee Bathing Bars have a pH of 5.5 which is the same as human skin, which enables them to nourish and cleanse all skin types without drying them.…

11 Feb

Instant Tutor App Filo Raises $260K Pre-seed Round

MediaCatalyst0 CommentsEducation, Investment, StartupBetter Capital, Tutor App Filo

Instant tutor app Filo has raised $260K as part of its pre-seed investment round from Better Capital based on organic adoption by students purely driven by word of mouth. With the mission to democratize access to the best teachers, Filo was founded by school friends Imbesat Ahmad and Shadman Anwer in Oct 2020. At any time more than 10 million students study for school exams, college entrance or government job exams but at least half of them lose motivation due to lack of timely & reliable support for their queries. On Filo, they can access a tutor on demand within…

09 Feb

Eduvanz Raises $10 Million in Debt Funding

MediaCatalyst0 CommentsInvestment, NewsEduvanz, InCred Financial Services, Northern Arc Capital, Vivriti Capital

Eduvanz, a Non-banking Finance Company (NBFC) that enables students to Study Now, Pay Later at 0% interest rates has raised $10 million in debt funding from multiple financial institutions including InCred Financial Services, Vivriti Capital, and Northern Arc Capital. Eduvanz aims at changing the way India pays for education by enabling learners to apply for low-cost loans via its digital platform. It has already enabled more than 25,000 learners and has disbursed loans worth Rs 300 crore. During the period of April 2020 to December 2020 when the pandemic hit the unique customer base of Eduvanz grew by four times and monthly disbursal of loans grew up three times. Says Varun Chopra, CEO, and Co-Founder…

08 Feb

TenderCuts Raises $15 Mn Led by Paragon Partners and NABVENTURES

MediaCatalyst0 CommentsInvestment, NewsNABVENTURES, Paragon Partners, TenderCuts

TenderCuts, the omnichannel meat & seafood brand today announced that they have raised INR 110 crore (USD 15 million) in a round led by Paragon Partners, a mid-market PE fund founded by Siddharth Parekh and Sumeet Nindrajog with participation from NABVENTURES, a leading agri-food tech VC fund backed by NABARD. The funding will allow TenderCuts to expand its current operations and pursue organic and inorganic growth opportunities. The funds will also allow the company to invest in scaling up its supply chain and technology infrastructure to support innovation and accessibility of its products and services. Founded in 2016 by Nishanth…

04 Feb

TRUSTMF Banking & PSU Debt Fund NFO Raises Rs. 582.68 Crore

MediaCatalyst0 CommentsBanking, Finance, Insurance, NewsTRUST Mutual Fund, TRUSTMF Banking & PSU Debt Fund

TRUST Mutual Fund’s maiden new fund offer (NFO) - TRUSTMF Banking & PSU Debt Fund has successfully raised Rs. 582.68 Crore. This is one of the recent NFOs with an extremely positive response. The first day AUM after the closure of NFO is Rs. 580.24 Crore. The NFO proceeds have been garnered from over 500 investors spread across 44 locations# through both digital & offline modes. The NFO has seen wide participation from both Institutional, Corporate, Family Offices, HNI, and Retail Investors, which is an indication of the faith posed by them in a well- structured & transparent investment process…

04 Feb

Union Budget 2021: Evoked Reactions from Industry Leaders

MediaCatalyst0 CommentsNewsUnion Budget 2021

The Union Budget 2021 presented by Finance Minister Nirmala Sitharaman on Monday, February 01, 2021, evoked mixed reactions from businesses, academicians, analysts, public and other stakeholders. While some are disappointed with the budget as there has been very little for them, the majority of industry leaders hail the budget. The Government has been focused on ensuring the development of MSMEs, ease of doing business, promoting startups, manufacturing in India, and quality education. Union Budget 2021 has restated the same. While the country is still struggling to tackle the ongoing pandemic and its impact on the economy and the people, it…

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…