Sphero raises $12M as it focuses on education

This year has been a rough one for Sphero. The Colorado-based toy robotics startup kicked off the year with dozens of layoffs, a result of tepid interest in its line of Disney-branded consumer products. Here’s a little good news, however. The company has raised another $12 million, bringing its total up to around $119 million, according to Crunchbase. The latest round will go into helping shape the BB-8 maker into an education-first company. “The recent round of funding has currently raised $12 million, and we anticipate at the time of final closing…

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WHO raises Ebola health risk to ‘very high’ in DR Congo, not yet international emergency

Prior to the meeting, WHO raised the DRC’s Ebola health assessment risk to “very high.” Dr. Robert Steffen, the chairman of WHO’s Emergency Committee, said that 25 deaths have occurred and 45 cases have been reported, including three in health care personnel. Among the 45 cases, 14 have been confirmed, mostly in the remote Bikoro health zone, although there’s one confirmed case in Mbandaka, a city of 1.2 million. “The risk of international spread is particularly high since the city of Mbandaka is in proximity to the Congo river, which…

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Varthana raises $3 million from Dell Foundation to expand its school transformation program

Bengaluru: Bengaluru-based school finance company Varthana has raised $3 million in funding from the Michael and Susan Dell Foundation to expand its school transformation program (STP). The programme is aimed at improving the quality of learning in private schools by extending credit facilities. Through the STP initiative, Varthana provides debt financing, education assessments, hands-on support, vendor connections, and financial rewards to schools in different states. It has an in-house non-banking finance company (NBFC) for giving credit finance to schools. It provides loans from Rs5 lakh to Rs1 crore for private schools…

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NGO Pratham raises 4 million USD to encourage Child Education in India

One of India’s largest non-governmental education organisations, Pratham, has raised more than USD 4 million for providing quality education to underprivileged children in the country. India’s largest NGO raises 4 million USD to encourage Child Education One of India’s largest non-governmental education organisations, Pratham, has raised more than USD 4 million for providing quality education to underprivileged children in the country. Pratham is an innovative learning organisation created to improve the quality of education in India. Here’s what Mangala Mehar, one of the beneficiaries of the organisation’s educational programmes, said:…

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Apollo Health & Lifestyle raises Rs 450 crore from IFC to fund expansion

Apollo Health and Lifestyle, a wholly owned subsidiary of Apollo Hospitals Enterprise, on Thursday, December 1, announced  it had raised Rs 450 crore from the International Finance Corporation (IFC) and the IFC Asset Management Company. Sharing the details in Hyderabad, Sangita Reddy, Joint Managing Director, Apollo Hospitals Enterprise said Apollo Health, which operates in the retail healthcare segment, would be using the funds for its growth and expansion over the next 24 months. It operates a range of formats including multi-specialty clinics (Apollo Clinics), Diabetes Clinics (Apollo Sugar), Diagnostics (Apollo…

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Ollie raises $4.4M to become the Sprig of dog food

Chicken, peas, beef, sweet potatoes and blueberries, the stuff of $40 meals in places like Hayes Valley and Greenwich Village — and starting today, also the stuff of dog food. Ollie, a new startup founded by Alex Douzet, Gabby Slome and Randy Jimenez, is aimed squarely at disrupting the premium pet food space by offering something like a Sprig orMaple for dogs. With a new $4.4 million round co-led by Primary Ventures and Lerer Hippeau Ventures, with participation from Canaan Partners, and others, Ollie hopes to deliver customized, healthy and natural meals to dog…

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