Archive News

17/12/2021

Pi Green Innovations raises over USD 4.5 million in Series A funding

Cleantech company Pi Green Innovations has raised over USD 4.5 million in Series A funding. The round was led by the Investment Fund of Opus Consulting with a total of $4.3 million. The round also saw participation from other strategic investors.
17/12/2021

PropReturns raises USD 1.2 million from Y Combinator, GoodWater Capital, Soma Capital

PropReturns, an Indian real estate investment platform, has raised a funding of USD 1.2 million from a group of investors including US-based Y Combinator, GoodWater Capital and Soma Capital. PropReturns is a real estate investment platform that enables investors to purchase rent-yielding commercial properties across India.
17/12/2021

Atomberg raises USD 20 Million led by Jungle Ventures

Consumer product brand Atomberg Technology, has raised USD 20 million in growth capital led by Jungle Ventureswith participation from Inflexor Ventures. The round also saw participation from existing investors, including A91 Partners and noted angel investor Ramakant Sharma, Co-founder of Livspace.
17/12/2021

SaaS startup for SMEs, TranZact raises USD 7 Million in Series A round

he SME tech startup TranZact, offering a SaaS-based digital transformation tool for SMEs, has raised USD 7 million in Series A round. The funding was led by San Francisco-based Tribe Capital with participation from Prime Venture Partners, Gemba Capital and existing investor Kae Capital.
17/12/2021

Vedic Cosmeceuticals raises INR 25 crore from Sixth Sense Ventures

Vedic Cosmeceuticals has raised INR 25 crore in a series A funding round from Sixth Sense Ventures. Vedic Cosmeceuticals Pvt Ltd is a private label manufacturer of personal care products for international and domestic brands.
17/12/2021

Fitness tech startup fitpage raises USD 3.5 million from Astra Ventures, angels

Fitness tech platform fitpage, has raised USD 3.5 million in a seed round of funding from Astra Ventures. The subscription-based platform focuses on improving cardiovascular health thereby bringing an overall improvement in the health and fitness of individuals. The startup curates deep tech-based personalised training, nutrition, and content through an […]
17/12/2021

Tournafest secures Pre-Seed funding of INR 3.05 crores

Tournafest, a one-stop destination for the gamer community in India, has secured pre-seed funding of INR 3.05 crore from a clutch of investors, including India Quotient, FirstCheque and other angel investors.
17/12/2021

Identity verification and fraud protection platform Bureau raises USD 12 million led by Quona Capital

Frictionless verification and fraud protection platform Bureau, has raised USD 12 million in a Series A round led by Quona Capital with participation from Commerce Ventures, Okta Identity as well as strategic angels Mark Britto, EVP Chief Product Officer at Paypal, and Bobby Mehta, Retd. President and CEO of Transunion.
17/12/2021

Automated investing platform Stack raises USD 4.5 million from YCombinator, others

Automated investment application Stack, has raised USD4.5 million in its Seed funding round led by YCombinator, Harvard Management, Goodwater Capital, Soma Capital, Uncommon Capital and Earlsfield Capital. Other investors, including Magic Fund, Side Door Ventures, Dragon Capital, Emles Ventures, Grand Park Ventures, Chandaria Capital, Cleo Capital, AngelList, West Quad, and […]
17/12/2021

WeSkill raises over USD 400K in a pre-Seed funding round

Edtech platform WeSkill, under the parent company JAP Edutainment Pvt Ltd, has raised over USD 400,000 from angel investors and syndicates, as part of its pre-Seed round of funding led by Shrishti Sahu from Swadharma Source Ventures. WeSkill offers courses and workshops on extracurricular activities such as dance, music, arts […]
16/12/2021

SaaS startup for SMEs, TranZact raises USD 7 Million in Series A round

The SME tech startup TranZact, offering a SaaS-based digital transformation tool for SMEs, has raised USD 7 million in Series A round. The funding was led by San Francisco-based Tribe Capital with participation from Prime Venture Partners, Gemba Capital, and existing investor Kae Capital.
16/12/2021

Edtech startup Practically raises USD 5 Million from NB Ventures, Earlsfield Capital, others

Practically, a Hyderabad-based interactive and immersive learning app, has secured a strategic investment of USD 5 million. The investment round was led by NB Ventures, Earlsfield Capital, Almoe Group of Companies (UAE), and Ncubate Capital.
16/12/2021

Healthtech startup Pristyn Care becomes latest unicorn after raising USD 96 Million

Gurugram-based healthtech startup Pristyn Care, has raised USD 96 million in its Series E round led by marquee investors such as Sequoia Capital Tiger Global Management, Winter Capital, Epiq Capital, Hummingbird Ventures , and Trifecta Capital. The valuation of Pristyn Care has more than doubled in the last seven months […]
16/12/2021

JAM Fund, TA Venture, others back creator monetisation startup TagMango

TagMango Pvt Ltd, a Mumbai-based creator monetisation startup, has raised an undisclosed sum in a pre-Series A funding round from JAM Fund , Ankur Nagpal founder of Teachable, Soma Capital, TA Ventures and Belief Partners.
16/12/2021

Antler India backs protein foods brand Gladful

Gladful, an online protein foods brand focused on kids and families, has raised an undisclosed sum in pre-Seed funding from Antler India. The round also included Huddle Accelerator, Shiprocket via their programme RocketfuelXHuddle and other angel investors.
16/12/2021

Innovaccer raises USD 150 Million at a valuation of USD 3.2 Billion

Healthcare technology firm Innovaccer, has raised USD 150 million in a Series E funding round led by Mubadala Capital, more than doubling the valuation to USD 3.2 billion. The round also saw participation from existing investors B Capital Group, Microsoft’s M12 fund, OMERS Growth Equity, Dragoneer, Steadview Capital, Tiger Global […]
16/12/2021

Plix raises USD 5 million in series A funding from Guild Capital and RPSG Capital Ventures

Plant-based nutrition brand Plix has raised USD 5 million in Series A funding from Guild Capital and RPSG Capital Ventures. The company plans to utilise the funds to launch products in the nutraceuticals segment.
16/12/2021

G.O.A.T Brand Labs invests in kidswear brand Frangipani

Frangipani, a kidswear label has raised an undisclosed amount in a Series A round of funding from Bengaluru-based G.O.A.T Brand Labs, co-founded by Flipkart’s former fashion head.
16/12/2021

Uni raises USD 70 million led by General Catalyst at a valuation of USD 350 million

Uni, a fintech startup that offers users pay-later cards, has raised USD 70 million in Series A round led by General Catalyst, making this one of the largest Series A rounds in the Indian fintech space. The round also saw participation from Eight Roads Ventures, Elevation Capital, Arbor Ventures, and […]
16/12/2021

Varanium Capital marks the final close of fintech VC fund at INR 140 crore

Varanium Capital, a boutique asset management company, has marked the final close of its debut fintech-focused venture capital fund at INR 140 crore. It aims to back 14 to 18 startups in the space.
16/12/2021

Teachmint acquires course-selling platform Teachmore

Teachmint, an education infrastructure startup, on Wednesday announced the acquisition of Teachmore, a course-selling platform which enables teachers to sell educational products like online courses, live classes, quizzes and more, through their own apps and websites. The edtech companies did not disclose the deal value of this acquisition.
16/12/2021

Payment Gateway Startup Juspay Bags USD 60 Million Funding From SoftBank, Existing Investors

Bengaluru-based payments gateway platform Juspay, has raised USD 60 Mn in its Series C round of funding. The fresh round of funding was led by SoftBank Vision Fund II with participation from existing investors VEF and Wellington Management. Juspay offers a technology platform that unifies payment gateways to give merchants […]
15/12/2021

Nestasia bags USD 4 million funding led by Stellaris Venture Partners

Online home decor and lifestyle brand Nestasia, has raised USD 4 million in its Series A round, led by Stellaris Venture Partners. The round also saw participation from angel investors who are part of the Stellaris Founder Network.
15/12/2021

Blockchain tech startup ASQI raises USD 1 million in pre-series A funding

Blockchain technology startup ASQI, has raised USD 1 million in a pre-series A funding round led by Founders Room Capital. ASQI envisions bringing blockchain into mainstream finance, and is building a public blockchain called Newrl.
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