Archive News

21/10/2021

MarketWolf raises USD 5.5 Million in seed round

MarketWolf, an intra-day options only trading app, has raised USD 5.5 million in seed funding from Anil Thadani Chairman of Symphony Asia, Anuj Srivastava, Ramakant Sharma co-founder of Livspace, and other HNIs.
21/10/2021

Sun Mobility gets USD 50 Million from energy firm Vitol

Electric vehicle energy infrastructure firm Sun Mobility, has closed USD 50 million funding by Vitol, a global independent energy trader and investor in zero-emission and renewable energy assets. With this new funding, SUN Mobility plans to expand its footprint to all major cities by increasing the number of Swap Points, […]
21/10/2021

Eyewear brand ClearDekho raises funds led by OYO founder Ritesh Agarwal’s Aroa Ventures

Eyewear brand ClearDekho has raised USD 4 million in a pre-Series A funding led by Aroa Ventures. The funding round also saw participation from investors like CK Jaipuria Family Office, NB Ventures Dubai, Venture Catalysts, SOSV MOX, Gemba Capital, and other HNIs.
21/10/2021

DeFi lending platform Sublime raises funds from Electric Capital, others

Sublime, a decentralised lending platform, has raised USD 2.5 million in a financing round from Electric Capital, Galaxy Digital, FinTech Collective, Collab+Currency, Jill Carlson Gunter, and Ryan Selkis. Sublime is an undercollateralized lending protocol enabling users to access loans backed by their social capital.
21/10/2021

Marketing platform Wondrlab raises USD 7 million led by Pi Ventures, Tanas Capital, others

Wondrlab, a marketing tech platform, has raised USD 7 million in a financing round led by Pi Ventures LLP, Tanas Capital, Prodapt Holdings and others. The round also saw participation from Priyamvada Balaji of Lucas Indian Service and Gopal Srinivasan of TVS Capital.
20/10/2021

CredAble bags USD 30 million in Series B funding

CredAble, a fintech startup focused on supply chain financing, has raised USD 30 million in its Series B funding round co-led by Plutus Management LLP and existing investor Oaks Asset Management.
20/10/2021

Delivery Hero buys minority stake in grocery delivery startup Gorillas

Delivery Hero has invested USD 235 million in Berlin-based grocery delivery company Gorillas, as the race to dominate the rapid delivery service sector picks up speed. The purchase means Delivery Hero owns 8% of the fast-growing startup, which operates more than 180 warehouses in nine countries.
20/10/2021

Full-stack mobility startup Automovill raises funds from AngelBay

Automovill, a full-stack mobility startup, has raised an undisclosed amount from AngelBay. The round saw participation from Santosh Chandra, chief executive at Essar Oil & Gas Exploration and Production, and executives from Google and PWC.
20/10/2021

Biotech startup Mestastop Solutions raises INR 1.3 Crore led by CIIE.CO

Biotechnology startup Mestastop Solutions Pvt Ltd, has raised seed funding of INR 1.3 crore led by CIIE.CO and including participation from IKP Knowledge Park and a few angels. Mestastop will use the funding to scale its AI-based platform METSCAN, which characterizes cancer cells using patient data samples and their assay […]
20/10/2021

Onato raises USD 2.2 million from Vertex Ventures, Omnivore, others

Agritech startup Onato, a data-driven B2B platform for fresh produce, has raised USD 2.2 million from investors to expand its business. This round was led by Vertex Ventures Southeast Asia and India with participation from Omnivore.
20/10/2021

Online furniture marketplace InnoDesigns raises INR 75 Crore from PAN Group

InnoDesigns, a new online furniture marketplace, has raised funding of INR 75 crore from the PAN Group. InnoDesigns aspires to disrupt the online furniture market by creating an innovative platform wherein customers can choose any furniture design that can further be built by various listed and rated carpenters, small & […]
20/10/2021

Devnagri raises USD 600K in seed round from Venture Catalyst, IPV, others

Devnagri, the Indian language translation engine with a focus on B2B, has raised USD 600,000 from Venture Catalysts, Inflection Point Ventures and HNIs.
20/10/2021

Edtech startup ConveGenius raises USD 5 Million to launch ConveGenius AI

Edtech startup ConveGenius has raised USD 5 Million in a funding round led by BAce Capital, Heritas Capital and 3Lines Venture Capital for expanding its product portfolio. The funding round also witnessed the participation of existing investor Michael and Susan Dell Foundation.
20/10/2021

NFT-focused gaming startup Totality Corp raises funds from Leo Capital and Mayfield

Totality Corp, a gaming startup with a focus on non-fungible tokens (NFTs) and Indian mythology, has raised INR 13.5 crore from Leo Capital and Mayfield Fund. Totality Corp. is building ZionVerse, a Metaverse platform based on Indian mythology that would combine monetary features with fantastic game-play.
20/10/2021

Vernacular edtech platform Vidyakul raises funds from Dholakia Ventures, angels

Vidyakul, a vernacular language-focused edtech platform, has raised an undisclosed amount in a financing round from Dholakia Ventures, an investment arm of Dholakia Family Office. Vidyakul is aimed at providing after-school e-learning for state board students in vernacular languages.
19/10/2021

Tech startup Numadic raises USD 2.5 Million from 9Unicorns and Venture Catalysts

Numadic, a tech startup that provides solutions in the vehicle mobility space, has raised USD 2.5 million in a pre-Series A funding round led by 9Unicorns and Venture Catalysts. This round also saw participation from the Chona Family Office and few angel investors. The funding was done at a valuation […]
19/10/2021

Aviom India Housing Finance raises USD 8 million in Series C funding from Sabre Partners

Aviom India Housing Finance, which provides secured home loans and loans against property in Tier-II and Tier-III towns, has raised USD 8 million in Series C funding from Sabre Partners. Ticket sizes for loans it provides typically range from INR 50,000 to INR 5 lakh with an average disbursement of […]
18/10/2021

AcknoLedger raises USD 1.53 Million in initial seed and private sales

Blockchain project AcknoLedger has raised $1.53 million in initial seed round and will be emerging from stealth mode later this month. The initial seed funding has come from more than 30 venture capitals such as Momentum 6, Basics Capital, Krypital Capital, Shima Capital, Magnus Capital, among others.
18/10/2021

Tala bags USD 145 million in Series E funding led by lending platform Upstart

Fintech company Tala, has raised USD 145 million in Series-E funding round, led by Upstart with participation from the Stellar Development Foundation. New investors Kindred Ventures and The J. Safra Group, along with existing investors including IVP, Revolution Growth, Lowercase Capital, and PayPal Ventures, also joined the round.
18/10/2021

Cloud-based platform SaaS Labs raises funds from Base10, Eight Roads Ventures

SaaS Labs, a cloud-based platform that builds productivity and business process automation software for enterprises, has raised USD 17 million in Series A funding, from Base 10 Partners and Eight Roads Ventures.
18/10/2021

Arrivae raises INR 50 crore in a funding round led by Rakesh Jhunjhunwala

Arrivae, a made-to-order furniture manufacturer and home improvement company, has raised INR 50 crore in an external round led by Rakesh Jhunjhunwala. The funding round also saw Enam family; Siddharth Yog founder of Xander Group, Anand Jain chairman of Jai Corp and others.
18/10/2021

Duroflex, Sleepyhead raise USD 60 million from Norwest

Bengaluru-based D2C mattress brand Sleepyhead’s parent Duroflex, has raised USD 60 million from Norwest Venture Partners. Duroflex is an omnichannel player in the mattress category and claims 33% of its revenue comes from ecommerce platforms.
14/10/2021

Insurtech startup GramCover raises USD 7 million in a Series A round

Insurtech marketplace focused on rural India GramCover, has raised $7 million in a Series A round co-led by Siana Capital and Inflexor Ventures in a Series A round.
14/10/2021

AI-driven SaaS startup Toch.ai raises close to USD 12 Million in Series A round

Toch.ai, an AI-driven SaaS platform, has raised USD 11.75 million of funding in a Series A round.The round was led by Moneta Ventures, Baring Private Equity India, Binny Bansal, Ventureast, 9Unicorns, Anthill Ventures, Cathexis Ventures, SOSV, Artesian, and Innoven Capital. Toch.ai uses AI technology to process video content including live […]
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