Archive News

25/08/2022

SaaS Platform Scalenut Raises Funds From Saama Capital, Others

Artificial intelligence-based marketing and SEO startup Scalenut has closed a USD 3.1 Million funding round led by Saama Capital and Amit Singhal, former senior vice president of Google and head of Google Search. The company plans to use the funds to continue building the platform, hire talent and expand to […]
25/08/2022

Singularity, Others Invest INR 90 Cr In Men’s Apparel Brand XYXX

Surat-based men’s apparel brand XYXX Apparels has raised INR 90 Cr as a part of its Series B funding round led by Singularity Growth Opportunities Fund. The round also includes a venture debt of INR 15 Cr from Trifecta Capital. Existing investors Sauce Venture Capital and DSG Consumer Partners also […]
25/08/2022

Ultraviolette Raises Funds From Ferrari Backer EXOR Capital

Electric 2-wheeler startup Ultraviolette Automotive raised funding from Amsterdam-based Exor Capital. The investment is part of an ongoing Series D round of funding. The company did not disclose financial details of the funding round
25/08/2022

Work Fulfilment Platform Awign Raises USD 15 Million In Series B

eponymous on-demand work fulfillment platform Awign has raised USD 15 Million in a Series B funding round co-led by Bertelsmann India Investments and Amicus Capital Partners. Mynavi Corporation and existing investors – Unitus Ventures, and the Michael & Susan Dell Foundation (MSDF) also participated.
24/08/2022

Edtech Startup BrightCHAMPS Acquires English-Learning Platform Schola For USD 15 Million

Edtech StartUp BrightCHAMPS has acquired a Singapore-based live-learning platform for kids, Schola, in a USD 15 Million in cash and stock deal. Founded in 2019 by Aditya Gupta and Nhu Tran Le Thanh, Schola is a platform that provides a variety of courses in a live, one-on-one class model for […]
24/08/2022

Device Management Startup Servify Raises USD 65 Million To Offer After-Sales Services To End Consumers

Device management platform Servify has secured USD 65 Million in its ongoing Series D funding round led by Singularity Growth Opportunity Fund. AmTrust, the family office of Pidilite, and existing investors including Iron Pillar, BEENEXT, Blume Ventures, and DMI Sparkle Fund also participated in the round.
24/08/2022

Growfitter Raises USD 500 K From Venture Catalysts, Baksh Capital

Mumbai-based health and fitness discovery platform Growfitter has raised additional funding of USD 500,000 in an extended pre-Series A round co-led by Venture Catalysts and Baksh Capital. The startup plans to use the fresh capital in building technology infrastructure, expanding business operations, hiring and branding.
24/08/2022

Fintech startup Indium Finance raises INR 4.5 Cr from IAN

Non-banking financial institution (NBFC) Indium Finance has secured fresh funding of INR 4.5 Cr in an undisclosed round led by Indian Angel Network. The Mumbai-based fintech startup will deploy the fresh proceeds to onboard more customers, build product platform and expand teams across sales and technology
24/08/2022

Winuall Raises Funding To Help Coaching Institutes Create Online Courses

Kuzagan Technologies which operates social commerce startup Winuall has raised USD 2.2 Million in a pre-Series A funding round co-led by Dream Incubator and Inflection Point Ventures. The round also saw participation from existing investors Prime Venture Partners and Beenext.
24/08/2022

Loopworm Raises Funding To Build Sustainable Insect-Based Protein

Insect biotech startup Loopworm has raised seed funding of USD 3.4 Million in a round co-led by Omnivore and WaterBridge Ventures with participation from Titan Capital and angel investors including Nadir Godrej (Godrej Agrovet), Sanjiv Rangrass (former ITC official) and Akshay Singhal (Log9 Materials).
24/08/2022

Artificial intelligence-backed sales pipeline readiness company RevSure has secured seed funding of USD 3.5 Million

Artificial intelligence-backed sales pipeline readiness company RevSure has secured seed funding of USD 3.5 Million led by Innovation Endeavors, with participation from a host of angel investors. Founded by Deepinder Singh Dhingra in 2021, RevSure provides companies with insight into sales pipeline health and how to prioritize marketing and sales […]
24/08/2022

Private Wealth Advisory Platform Liquide Raises Pre-Seed Funding

Eponymous wealthtech platform has raised USD 2.2 Million in pre-seed funding from Singapore-based M Venture Partners and angel investors including Kunal Shah of Cred; BharatPe’s Shashvat Nakrani and Suhail Sameer; Ruchi Kalra, Ashish Mohapatra and other members of the Founders Fund by OfBusiness. Other participants in the round included Darwinbox […]
24/08/2022

Kalaari Capital, Beenext Others Invest In Skincare Brand Deconstruct

Skincare brand Deconstruct has raised USD 2 Million in a seed round, led by Kalaari Capital with participation from Beenext. Kalaari Capital made the investment in Deconstruct through its flagship program CXXO. The funding round also saw participation from Flipkart co-founder Binny Bansal
24/08/2022

E-Commerce Giant Amazon Invests In Used-Device Seller Cashify

Online used-device seller Cashify has raised INR 53 Cr from e-commerce major Amazon and existing investor Blume Ventures. In the latest funding, which appears to be a part of its ongoing Series E round announced in June 2022. Post this deal, Amazon will own a 2.12% stake in Cashify
23/08/2022

Fintech Startup EarlySalary Raises USD 97 Million From TPG Growth, Norwest Capital

Pune based Fintech Startup EarlySalary raises USD 97 Million from TPG Growth, Norwest Capital. The funding round also saw participation from Piramal Capital and Housing Finance Limited
23/08/2022

Rivigo Kicks Off Series H Round For Funding

Trucking logistics firm Rivigo raised INR 16 Cr in a Series H round led by existing investors Elevation Capital and Warburg Pincus affiliate Spring Canter Investment.
23/08/2022

B Capital Leads USD 20.6 Million Series A Round In Healthtech Startup Mojocare

Healthtech startup Mojocare has raised USD 20.6 Million in a Series A funding round led by B Capital Group. The round also saw participation from existing investors Chiratae Ventures, Sequoia India’s Surge and Better Capital with angel investors like Vineet Jain (Times Group), Kunal Shah (Cred), Ankit Nagori (Curefoods), Adrian […]
22/08/2022

Surge Announces 7th Cohort With 15 Indian, Southeast Asian Startups

Surge, the Sequoia Capital India and Southeast Asia’s rapid-scale up program, has announced the launch of its seventh cohort comprising 37 founders across 15 early-stage startups. The seventh cohort includes vertical software-as-a-service (SaaS) company Attentive, fintech platform enabling frictionless payment experience for sellers and shoppers Beam, design-to-build automation platform Boxs, […]
22/08/2022

Webnyay has raised undisclosed capital in a seed funding round

Chandigarh-based grievance redressal firm Webnyay Pvt. Ltd has raised undisclosed capital in a seed funding round led by Inflection Point Ventures, with participation from SucSEED Innovation Fund. The platform plans to deploy fresh proceeds for product scaling, building AI and machine learning, and NLP capabilities, boosting security, and enhancing the […]
22/08/2022

Supply Chain Firm Magma Raised USD 515 K in Pre Seed Round

Cross border business-to-business (B2B) supply chain enablement startup Magma has secured USD 515,000 in a pre-seed funding round led by WEH Ventures. The round also saw participation from All in Capital, PointOne Capital and Angelist India, with marquee angels including Revant Bhate (co-founder at Man Matters), Subin Mitra and Pratik […]
19/08/2022

The Health Factory has secured seed capital of INR 2 Cr from Venture Garage

Mumbai-based direct-to-consumer (D2C) brand The Health Factory has secured seed capital of INR 2 Cr from Venture Garage, Happilo founder Vikas Nahar and other marquee angels. Company will use the funds raised to scale operations and manufacturing processes and improve our IT infrastructure
19/08/2022

Lending Finverv has raised USD 600 K round led by Antler India

Lending infrastructure startup Finverv has raised USD 600 K as a part of its pre-seed funding round led by Antler India. The round also saw participation from Force Ventures, Asan Ventures, Luckbox Ventures and angels including Ashish Taneja (GrowX Ventures), Anuj Khosla (CEO, Hitachi Payments), Nitin Gupta (CEO, Uni Cards), […]
19/08/2022

Coffeee.io has secured pre-seed funding of INR 4.7 Cr from a clutch of angel investors and networks.

Tech recruitment platform Coffeee.io has secured pre-seed funding of INR 4.7 Cr from Supermorpheus, Lets Venture, Kunal Shah (founder at Cred), Prabhu R (founder at M2P), Amit Lakhotia (founder at Park+), Vikas Garg (CFO at Paytm), Pratekk Agarwal (ex-Bharatpe, serial entrepreneur), Chinmaya Sharma (partner at Info Edge) and Rameez Menon […]
19/08/2022

Keiretsu Forum, Virya Mobility 5.0 Co-Lead Seed Round In Electric Tractor Firm

Mumbai-based electric tractor startup AutoNxt Automation has secured seed funding of INR 6.4 Cr co-led by Keiretsu Forum and Virya Mobility 5.0. The round also saw participation from angel investors including Chand Das (former CEO at ITC), Nitin Johar (CFO for IDO at Government of Ras Al Khaimah) and Suveer […]
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