Archive News

25/10/2023

Wow! Momo bags USD 9 Million from ValueQuest

Quick service restaurant chain Wow! Momo, a chain of fast food restaurants, operates three QSR brands—Wow Momo, Wow China and Wow Chicken, has raised USD 9 Million as a part of Series D round from ValueQuest Capital.
25/10/2023

India, Africa-Focused Husk Power Raises USD 103 Million In Debt, Equity Funding

Husk Power Systems, an India- and Africa-focused renewable energy company that supplies electricity to rural areas through minigrids, has raised USD 103 Million in equity and debt funding. The company has secured USD 43 Million in a Series D round from new investors STOA Infra & Energy, the US International […]
25/10/2023

Footwear brand Inc.5 Shoes has raised USD 10 Million in a Series A funding round led by Carpediem Capital

Footwear brand Inc.5 Shoes, a footwear brand with around 70 exclusive brand outlets and 200 shop-in-shops across the country, has raised USD 10 Million in a Series A funding round led by mid-market private equity firm Carpediem Capital. The round also saw participation from Param Capital, among others.
23/10/2023

GigaML raised USD3.6 Million in seed round led by Nexus

GigaML, a platform allows businesses to deploy Large language models such as GPT-4 directly on their own servers and further continue pre-training and fine-tuning it to meet their specific needs, has raised USD 3.6 Million in seed led by Nexus Venture Partners along with the participation from Y Combinator and […]
20/10/2023

Niyo has raised undisclosed funds from Spring Marketing Capital.

Travel banking fintech platform Niyo provides global banking for international travelers in partnership with DCB Bank, Equitas Small Finance Bank, and State Bank of Mauritius. Currently, having 4 Million customer base raised strategic funds from Spring Marketing Capital.
19/10/2023

Singularity Ventures announces first close of Fund II at INR 500 Cr

Asset management firm Singularity Ventures AMC has announced the first close of its second fund at INR 500 Cr having a total corpus of Rs 1,500 crore. The firm is targeting investments of Rs 75 crore to Rs 175 crore in around 14-16 startups. Led by Madhusudan Kela, Singularity focusses […]
19/10/2023

Mestastop raises INR 4.16 Cr in pre-series A funding round from 92 angles and Malpani Ventures

Mestastop a platform creating a cancer metastasis platform, that uses wet lab biology and predictive analytics to identify and distinguish unique properties of metastasis and use them for drug discovery and patient treatment raises INR 4.16 Cr in pre-series round from 92 angels and Malpani Ventures.
19/10/2023

Smarter Dharma raises INR 4.16 Cr in Seed funding round from Rainmatter Capital among others

Smarter Dharma is a sustainability resource planning platform for real estate. It generates business intelligence by combining data analytics and machine learning algorithms which take into consideration – resource availability challenges, consumption predictors and local solutions raises INR 4.16 Cr in Seed funding round from Rainmatter Capital, Gruhas Proptech and […]
19/10/2023

Welcome Cure raises INR 4.16 Cr in pre-series funding round by IPV

Welcome Cure a fully integrated homeopathy technology company that offers assisted intelligence (AI)-based solutions for doctors also serving patients across the globe with holistic care solutions via its telemedicine platform raises INR 4.16 Cr in pre-series funding round by IPV.
19/10/2023

HiWi raises INR 7.25 Cr in pre-seed funding round by Unicron India Ventures and Unmaj Group Family Office

HiWi is a platform that serves as a centralized and integrated solution for students studying abroad, offering a suite of financial services. This includes a mobile application for students to transfer funds, open foreign bank accounts, access financing options, manage card expenditures and accrue loyalty points, while ensuring compliance with […]
19/10/2023

BharatAgri closed its Series A funding round at USD 4.3 Million led by Arkam Ventures

BharatAgri offering paid subscriptions to its scientific agriculture advisory product to farmers. Its e-commerce platform offers around 10000 agricultural products such as fertilisers, seeds, pesticides, insecticides, farming equipment, among others and is delivered pan-India raises USD 4.3 Million led by Arkam Ventures. Capria Ventures India Quotient, 021 Capital, Omnivore also […]
19/10/2023

Showroom B2B has raised USD 6.5 Million in a pre-Series A funding round led by Jungle Ventures.

Showroom B2B caters to small retailers and wholesalers in tier II cities in India offering an efficient solution for sourcing, procurement, and distribution has raised USD 6.5 Million in a pre-Series A funding round led by Jungle Ventures. The round also saw participation from Accion Venture Lab, Saison Capital, and […]
19/10/2023

Neo Asset Management raises USD 35 Million in growth round from Peak XV Partners

Neo Asset Management an alternative Asset Management arm of Neo Group providing credit and fixed income solutions to client needs across various alternative asset classes in India raises USD 35 Million from Peak XV Partners.
19/10/2023

Madsto raises an undisclosed amount in seed round from Prajay Advisors LLP

Madsto cost-effective clothing brand specializing in men’s casual wears focusing on lean operations to maintain an edge while continuing to expand its product offerings raises an Undiclosed amount from Mumbai based Prajay Advisors LLP.
19/10/2023

Alwrite raises USD 1.2 Million in seed funding from Pidilite Group‘s Apurva Parekh among others

Founded in 2022, Alwrite is a insurtech startup that provides quote procurement, placement, underwriting and user management, along with knowledge and risk management solutions to insurance companies intermediaries for the commercial lines of insurance raises USD 1.2 Million from Apurva Parekh, Viral Thakker, Amit Sheth, Sanjay Bhagat, Shrenik Shah and […]
18/10/2023

Binny Bansal-Backed VideoVerse Acquires AI-Powered Graphics Engine Optikka

VideoVerse, which provides a video editing platform, has acquired AI-powered design system Optikka for an undisclosed amount. The acquisition is aimed at expanding media, design, and publishing capabilities within VideoVerse’s real-time content automation platform, Magnifi.ai. VideoVerse has also hired Optikka’s founder and creative technologist Charles Duncan and creative strategist Nick […]
18/10/2023

B2B Manufacturing Unicorn Zetwerk Raises USD 120 Million in its Series F Round led by Avenir Capital.

Zetwerk, a manufacturing services platform connecting manufacturing companies with vendors and suppliers for customized products, industrial machine components and other equipment raises USD 120 Million in its Series F Round From Avenir Growth Capital, with participation from existing investors Lightspeed, Greenoaks Capital and Steadview Capital.
18/10/2023

Tap Invest has raised USD 2 Million in its seed round led by Turbostart.

Fixed income investment platform Tap Invest which offers asset renting as an alternative investment product has raised USD 2 Million in its seed round led by Turbostart, Snow Leopard Ventures, Upsparks, and Superb Capital alongside angel investors like Kunal Shah and Kashyap Shah participated in the round.
17/10/2023

InsurStaq.ai has secured funding from early-stage investor Faad Network’s fintech accelerator

Generative AI startup InsurStaq.ai, focused on developing InsurGPT, a specialized large language model (LLM) tailored for the insurance industry, has secured funding from InsurStaq.ai from early-stage investor Faad Network’s fintech accelerator.
17/10/2023

Leucine Rich Bio, has raised an undisclosed amount in a pre-Series A funding round

Microbiome company Leucine Rich Bio, makes products catering to the gut microbiome, has raised an undisclosed amount in a pre-Series A funding round from undisclosed investors including gastroenterologists, oncologists and biotechnology entrepreneurs.
17/10/2023

Done Deal has secured INR 6.65 Cr in a pre-seed funding round led by Nikhil Kamath and Abhijeet Pai’s

Done Deal, aims to modernise the legacy M&A process using technology, has secured INR 6.65 Cr in a pre-seed funding round led by Nikhil Kamath and Abhijeet Pai’s proptech investment firm Gruhas. The round also saw participation from early-stage venture capital firms, such as WeFounderCircle (WFC), Capital-A, Dezerv Innovation Fund, […]
17/10/2023

Omnivio has raised USD 1.02 Million in a seed funding round led by Caret Capital

E-commerce and omnichannel logistics startup Omnivio, a control tower-backed logistics marketplace that connects retail enterprises and logistics providers, has raised USD 1.02 Million in a seed funding round led by Caret Capital, formerly known as Supply Chain Labs.
17/10/2023

Game Theory has raised USD 2 Million in a pre-Series A funding round led by Nithin Kamath’s Rainmatter Capital.

Bengaluru-based Game Theory has raised USD 2 Million in a pre-Series A funding round led by Nithin Kamath’s Rainmatter Capital. WEH Ventures, The round also saw participation from Prequate Advisory, tennis player Rohan Bopanna and Balakrishna Adiga
16/10/2023

Peak XV acquires over 21% stake in Grapevine

Anonymous social media platform Grapevine, focuses on unrestricted and anonymous conversations on career, finance, professional and personal lives, has raised its seed round led by Peak XV Partners. Peak XV Partners led the round with INR 20.53 Cr while Riverwalk Holdings pumped in INR 0.82 Cr in this round.
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