Archive News

27/10/2021

Healofy raises USD 6.5 million in Series B round from Celesta Capital, others

Healofy, a social networking app focused on parenting, has raised USD 6.5 million in a Series-B funding round from Celesta Capital and existing investor Omidyar Network India among others. The round included IPV, Venture Catalyst, Haldiram family office as well as founders like Kunal Shah of Cred and Paytm’s Vijay […]
26/10/2021

Dhruva Space secures INR 22 crore funding from IAN, Blue Ashva Capital

Indian space technology startup Dhruva Space, has raised INR 22 crore in funding led by Indian Angel Network Fund and Blue Ashva Capital as it eyes the global market for integrated satellite manufacturing, launch and ground station services.
26/10/2021

Agritech platform Gramophone raises USD 10 million in Series B funding round led by Z3Partners

Full-stack agritech platform Gramophone, has raised USD 10 million in its Series B funding round led by Z3Partners. Existing investors including Info Edge, Asha Impact, and Siana Capital participated in the round.
26/10/2021

GlobalBees acquires homegrown millennial skincare brand Prolixr

GlobalBees, the direct-to-consumer brand roll up from the Firstcry stable, has acquired homegrown millennial skincare brand Prolixr. Prolixr, developed high-quality, affordable products with progressive formulations that catered to Indian skin types.
26/10/2021

Fintech startup BankSathi raises INR 4 Crore from Hem Angels and others

Delhi-based fintech startup Banksathi Technologies Pvt Ltd, has raised INR 4 Crore in funding from Hem Angels and reputed entrepreneurs including Dinesh Godara Founder of TREAD Fitness, Anuj Ahuja and Aditya Founders of Talwar StudyBase, and Rajendra Lora Founder and CEO of Freshokartz Agri. BankSathi currently offers saving accounts, demat […]
26/10/2021

Dairy-tech firm Stellapps raises USD 18 million led by Dutch firm Nutreco

Stellapps an IoT firm operating in the dairy supply chain, has raised USD 18 million towards its pre-Series C funding round from investors led by global animal nutrition and aquaculture company, Nutreco. The round also saw participation from existing investors Qualcomm Ventures, Celesta Capital, and ABB Technology Ventures.
26/10/2021

Dresma Inc raises USD 3 million from SVQuad, Inventus Capital, Thinkuvate

Dresma Inc, a startup focused on product imagery by digitising the visual content creation process, has raised USD 3 million in seed funding led by SVQuad with participation from Inventus Capital Partners and Thinkuvate.
26/10/2021

Tech-based logistic firm Porter raises INR 750 crore in Series E funding

Porter, a tech-based, on-demand, intra-city logistics company, has raised INR 750 crore in its Series E funding round led by Tiger Global Management and Vitruvian Partners, with existing investors Sequoia Capital India and Lightrock India.
26/10/2021

Supply chain platform O4S raises Series A funding led by Think Investments

O4S, a supply chain platform that operates on a software-as-a-service model, has raised USD 6 million as part of its Series A funding round led by Think Investments. Existing investor Venture Highway also participated in the investment round.
26/10/2021

BASIC Home Loan raises funds led by Venture Catalysts, others

BASIC Home Loan, a Gurugram-based fintech startup, has raised USD 3.5 million in a Series A round of funding led by Venture Catalysts and Gruhas Proptech, an investment platform of Zerodha Founder Nikhil Kamath and Abhijeet Pai of Puzzolana Group. Others who participated in this round include Earlsfield Capital and […]
26/10/2021

Edtech startup Teachmint raises USD 78 million funding led by Rocketship.vc, Vulcan Capital

Teachmint a startup that is helping teachers and institutes create their own virtual classrooms, has raised USD 78 million in Series B funding round led by Rocketship.vc and Vulcan Capital with participation from new investors Goodwater Capital and Epiq Capital. Existing investors Learn Capital, CM Ventures, Lightspeed India and Better […]
26/10/2021

D2C kitchenware startup The Indus Valley raises funds from Rukam Capital, DSG Consumer, others

The Indus Valley, a direct-to-consumer health-focused kitchenware startup, has raised USD 1.1 million in a financing round from Rukam Capital, DSG Consumer Partners, and The Chennai Angels. The round also saw participation from Lead Angels Network and Calega Family Office Investors Group.
25/10/2021

Food and beverages brand Storia raises USD 6 Million from Sixth Sense Ventures

Storia Foods, a food and beverages brand, has raised USD 6 million in a Series A round of funding from Sixth Sense Ventures. Storia’s main product line comprises shakes, 100% natural packaged coconut water, beverage whitener and street-style juices.
25/10/2021

Performing arts academy Kafqa Academy raises USD 1.3 Million in seed round

Bengaluru-based performing arts academy, Kafqa Academy, has secured USD 1.3 million in seed funding led by Global Founders Capital (GFC) and saw participation from institutional investors such as Enzia Ventures and Better Capital and few HNIs.
25/10/2021

Groww valued at USD 3 billion in USD 251 million funding

Wealth management and investment platform Groww, has raised USD 251 million as a part of its latest Series E funding led by IconiQ Growth, almost tripling its valuation to USD 3 billion in a little over six months. Existing investors including Sequoia Capital, Ribbit Capital, YC Continuity, Tiger Global, and […]
25/10/2021

Clear raises USD 75 million in Series C round, eyes international expansion

Clear, an online taxation and fintech software provider that was formerly named ClearTax, has raised USD 75 million as a part of its Series C fundraise led by Kora Capital with global fintech Stripe, Alua Capital, and Think Investments participating in the round.
22/10/2021

Construction startup Tvasta gets INR 3 Crore to build 3D printed homes

Construction tech startup Tvasta Manufacturing Solutions, has raised INR 3 crore from Habitat for Humanity International through its Shelter Venture Fund with an aim to increase the production of affordable 3D printed homes in India.
22/10/2021

Sourcewiz raises USD 3 Million led by Blume and Alpha Wave Incubation

Sourcewiz, a software-as-a-service platform that digitalises operations for exporters, has raised USD 3 million in a seed funding round led by Blume Ventures and Alpha Wave Incubation.
22/10/2021

ID verification startup IDfy raises INR 86 crore from TransUnion, Blume Ventures

IDfy, Mumbai-based ID verification, and onboarding solutions company, has raised an investment of INR 86 crore in its series D round of funding led by TransUnion and Blume Ventures.
22/10/2021

Mumbai Angels leads USD 3.3 Million pre-Series A round in BookingJini

BookingJini, a SaaS platform for hotels, has raised USD 3.3 million in its pre-Series A round led by Mumbai Angels Network. BookingJini offers hoteliers a complete hotel operating system that includes website, hosting and maintenance services, content, single-channel manager for all OTA accounts, chatbot, and cloud-based central reservation software.
22/10/2021

Consumer food brand Yu bags pre-Series A funding from Asian Paints promoter group, others

Yu, an instant meal bowl brand, has raised USD 1 million as part of its pre-Series A funding round from Manish Choksi and Varun Vakil, part of the Asian Paints promoter group, and Lalvani family of the UK based food and hospitality group.
21/10/2021

Edtech startup Questt raises USD 6.75 Million from Celesta Capital, others

Gurugram-based edtech startup Questt, has raised USD 6.75 million in Series A round led by Celesta Capital and Premji Invest. The round also saw participation from existing investors including AET Fund, Titan Capital, First Cheque and MarsShot Ventures, with Chiratae Ventures increasing its shareholding. Questt is a homework and assessment […]
21/10/2021

FarMart raises USD 10 Million in Series A investment round led by Matrix Partners India

FarMart, a B2B SaaS-led food supply platform, has raised USD 10 million funding led by Matrix Partners India, with participation from Innoven Capital and existing investors — Omidyar Network India, Avaana Capital, and 500 Startups. FarMart’s tech platform enables food businesses to source quality produce in large quantities directly from […]
21/10/2021

Social gaming app Tamasha raises USD 3 Million led by Chiratae Ventures

Social gaming app Tamasha, has raised USD 3 million in pre-Series A funding led by Chiratae Ventures. The round also saw participation from Incubate Fund India, 9Unicorns, Good Capital, Founderbank Capital, FirstCheque, PointOne Capital, Ice.vc, and a few HNIs. Tamasha is building the gaming metaverse, where creators can engage communities […]
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