Archive News

12/01/2022

SaaS-based marketplace for co-living Crib raises USD 400K in pre-seed round

SaaS-based marketplace for co-living Crib, has raised USD 400,000 in its pre-seed round led by Pranay Gupta Co-founder of 91Springboard through his AngelList syndicate 91Ventures.T e round also saw participation from BlackSoil Capital along with angels investors.
12/01/2022

PulsOps raises undisclosed pre-seed round from Antler India

PulsOps, no-code observability and analytics platform for high-velocity operations teams, has raised an undisclosed sum in pre-Seed funding from Antler India.
12/01/2022

Glamplus raises USD 700K from Blume Ventures, others

Glamplus, a software as a service-enabled marketplace startup, has raised USD 700,000 from Blume Ventures and Livspace’s Ramakant Sharma. Inflection Point Ventures, which is an existing investor, also participated in the round.
12/01/2022

Rupeek picks up USD 34 million in fresh round led by Lightbox

Gold loans provider Rupeek, has raised USD 34 million in a fresh round of funding led by Lightbox. Existing investors including GGV and Bertelsmann also participated in the funding.
12/01/2022

Nirog Street raises USD 1 million in pre-Series B round

Delhi-based NirogStreet, has raised USD 1 million more as part of their pre-Series B round from Singapore-based RB Investment; Namrata Ganatra, VP of engineering at Thrasio; and Amit Midha, President Asia Pacific and Japan, Dell. NirogStreet provides an online platform where consumers can consult doctors practising Ayurveda and can also […]
12/01/2022

AI-based vision inspection startup Lincode raises funding from Accel, others

Lincode Labs Inc, an artificial intelligence vision inspection startup focused on the manufacturing industry, has raised an undisclosed amount in new funding from investors including venture capital firm Accel. Arka Venture Labs, Disruptors Capital, Nurture Ventures and Tech Coast Angels also invested as part of this round.
12/01/2022

Algorithmic Biologics raises undisclosed seed round from Axilor Lab

Algorithmic Biologics, a deep-tech startup building algorithms for molecular programming, raised an undisclosed seed round from Axilor Lab. The firm compresses algorithms for molecular testing, which have applications in agriculture, food safety, synthetic biology and molecular biology, among other sectors.
12/01/2022

Lemme Be Raises INR 5 Crore In Seed Funding

Hyderabad-based period care brand Lemme Be, has raised INR 5 crore in a seed funding round. The round saw the participation of UNI-M Ventures led by Gunnwant Vaid and Aniket Gore, Nikhil Vora, founder of Sixth Sense Ventures and Multiply ventures, among others.
11/01/2022

Dell Foundation leads USD 2.5 million investment in Arthan Finance

The Michael & Susan Dell Foundation has led a USD 2.5 million equity investment in Mumbai-based fintech startup Arthan Finance, which offers loans to tiny entrepreneurs. The Dell Foundation has put in USD 1.5 million, while the balance came from existing angel investors including economist Ajit Ranade and veteran finance […]
11/01/2022

Morgan Stanley leads USD 22 Million round in Recykal

The business-to-business platform for waste management and recycling marketplace, Recykal, has raised USD 22 million from Morgan Stanley India. Returning investors Circulate Capital, Vellayan Subbiah, and Arun Venkatachalam of the Murugappa Family also participated in the round
11/01/2022

Beverage brand Lahori raises USD 15 Million in Series A round from Verlinvest

Punjab-based beverage startup Lahori, has raised USD 15 million funding from Belgium-based consumer-focused investor Verlinvest for an undisclosed minority stake. Lahori’s vision is to introduce better-tasting, category-defining ‘Desi’ drinks in India, targeting people in Indian cities and villages alike.
11/01/2022

Power Gummies raises USD 6 Million from 9Unicorns, Wipro, others

Power Gummies, a player in the nutraceutical industry, has raised USD 6 million in Series A funding led by 9Unicorns, with participation from Vcats, DSG Consumer Partners, WIPRO Consumers, Sharpp Ventures, and NB Ventures.
11/01/2022

Electric aircraft startup The ePlane Company raises USD 5 Million led by Speciale Invest & Micelio

Chennai-based electric aircraft startup The ePlane, has raised USD 5 million in Pre-Series A round of funding led by Speciale Invest and Micelio, as it aims for cheaper and environmentally friendly intra-city transportation. Angel investor Naval Ravikant, 3one4 Capital, University of Tokyo Edge Capital, Anicut Capital, Infoedge-backed Redstart Labs, Prashant […]
11/01/2022

SaaS platform Zluri raises USD10 million led by MassMutual Ventures, existing investors

Zluri, a SaaS management platform, has raised USD 10 million in a Series A funding round led by MassMutual Ventures with participation from existing investors, Endiya Partners and Kalaari Capital. Zluri’s SaaS management platform for IT teams helps firms identify, manage and automate SaaS applications.
10/01/2022

Healthtech startup AarogyaAI raises USD 700K in seed round from Redstart Labs, Avaana Capital

Healthtech startup AarogyaAI Innovations, has raised USD 700,000 as a part of its seed funding round from Info Edge (India)-backed Redstart Labs and Avaana Capital. Existing investors Entrepreneur First (EF) and First In Ventures also participated in the round.
10/01/2022

Avataar raises USD 45 Million in Series B from Tiger Global and Sequoia Capital India

Avataar.me, an AI and Computer Vision platform focused on spatial visual discovery, has raised USD 45 million Series B funding round led by Tiger Global with co-participation from existing investor Sequoia Capital India. The company helps consumers by providing life-sized 3D product evaluation coupled with interactive feature discovery.
10/01/2022

Retail platform 91Squarefeet raises pre-seed funding from Omphalos Ventures, others

91Squarefeet.com a retail store development company, has raised USD 1 Million in a pre-seed round by Omphalos Ventures India, Nikhil Vora of Sixth Sense Ventures, Actor Rannvijay Singh Singha & VG-Angels among others. 91Squarefeet enables retailers to build new retail stores and maintain existing ones without an in-house projects team
10/01/2022

Virtual event firm Zuddl raises USD 13 million in round led by Alpha Wave, Qualcomm Ventures

Zuddl, an online event and conferencing platform, has raised USD 13.35 million as a part of its Series A funding round led by DisruptAD-backed Alpha Wave Incubation and Qualcomm Ventures LLC. The round also saw participation from existing investors including GrowX and Waveform Ventures.
07/01/2022

B2B payments fintech Rupifi raises USD 25 million led by Bessemer, Tiger Global

Digital payments startup focused on business-to-business payments, Rupifi, has raised USD 25 million as a part of its first round of institutional funding led by Bessemer Venture Partners and Tiger Global. Existing Investors Quona Capital and Ankur Capital also participated in the round, along with Silicon Valley-based early-stage investor, Better […]
07/01/2022

WEGoT gets USD 1.5 million from Nikhil Kamath-backed Gruhas Proptech, others

WEGoT Utility Solutions, a maker of smart water meters, has raised USD 1.5 million in a funding round led by Gruhas Proptech, a company backed by Abhijeet Pai of Puzzolana Group and Nikhil Kamath of Zerodha. Existing investors of the Chennai-based startup, such as HDFC Capital Advisory Ltd. and Prestige […]
07/01/2022

Fintech NBFC LivFin raises USD 2 Million from venture debt player BlackSoil

Delhi-based LivFin India Private Limited, has raised USD 2 million in venture debt from BlackSoil, a leading NBFC and noteworthy player in the credit space. LivFin provides supply chain finance to mid-to-large corporates by setting up programmes to lend to their suppliers/vendors and distributors/dealers/retailers through an ‘Anchor’-based financing model.
07/01/2022

Dunzo secures USD 240 million in funding led by Reliance Retail

Hyperlocal delivery startup Dunzo, has raised USD 240 million in a funding round led by Reliance Retail Ventures Ltd., with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital. Reliance Retail will own a 25.8% stake in Dunzo post investing USD 200 million on a fully-diluted basis.
07/01/2022

QNu Labs raises new round of funding

QNu Labs, a quantum-safe cybersecurity technology company, has raised an undisclosed amount of funding from deep tech venture capital firm Speciale Invest. WAOO Partners LLP and another venture capital fund along with a few marquee angel investors and promoters also participated in the fresh funding round.
07/01/2022

Courseplay gets INR 3 crore in seed funding from Inflection Point, others

Courseplay, a software-as-a-service platform that offers enterprise solutions for automated training workflows, has raised INR 3 crore in seed funding led by Inflection Point Ventures. Courseplay provides end-to-end solutions in training delivery, employee engagement, workflow automation and impact measurement.
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