Archive News

12/10/2023

Harmony Ventures Backs Jiraaf As New Investor In USD 8.7 Million Round

AI Growth Pvt. Ltd, which operates the fixed-income investment platform Jiraaf, has secured USD 8.7 Million in a Series B funding round co-led by Harmony Ventures and Accel as new and existing investors, respectively. The round also saw participation from early-stage VC firm Capital A and undisclosed angel investors.
11/10/2023

InsuranceDekho raises USD 60 Million in Series B round

Insurtech company InsuranceDekho, lets users compare and buy third party insurance policies for vehicles, health, life and more, has raised USD 60 Million in its ongoing Series B funding round, which is a mix of equity and debt from Mitsubishi UFJ Financial Group (MUFG), BNP Paribas Cardif through its insurtech […]
11/10/2023

iSprout raises INR 40 Cr from Vivriti Asset Management

Co-working space brand iSprout, helps in managing demand for managed office spaces for startups and established businesses, has raised INR 40 Cr through the issuance of its first secured bond. It was subscribed by Vivriti Asset Management (VAM).
11/10/2023

Neobank Zolve raises USD 100 Million in debt

Crossborder neobank Zolve, offers immigrants an FDIC-insured US bank account and a credit card without the need for a social security number in the United State, has raised USD 100 Million in a warehouse debt facility from US-based impact investor Community Investment Management (CIM).
11/10/2023

Curelo has raised USD 100 K in a funding round from IIM Ahmedabad’s startup incubator CIIE.CO.

Diagnostic care platform Curelo, allows patients to book at-home blood sample collection and receive timely blood reports from any labs of their preference, has raised USD 100 K in a funding round from IIM Ahmedabad’s startup incubator CIIE.CO.
11/10/2023

Noida-based Nawgati has raised an undisclosed amount in a seed funding round led by All In Capital.

Noida-based Nawgati, provides a retail operations platform, Aaveg, to fuel stations and a fuel discovery app, the Nawgati Fueling App, to end-consumers, has raised an undisclosed amount in a seed funding round led by All In Capital.
10/10/2023

Shiprocket raises USD 11 Million from McKinsey at flat valuation

Shiprocket, provides logistics and supply chain solutions to retailers which lets them integrate their shopping websites across e-comm enablers, has raised USD 11 Million in an extended Series E round from McKinsey through its investment arm AFOS LLC.
10/10/2023

Audit SaaS startup AuditCue raises USD 1.5 Million seed round led by Kalaari

AuditCue, a SaaS product that reimagines how risks, controls and audits work together, has raised USD 1.5 Million in a seed funding round led by Kalaari Capital. The round saw participation from Java Capital and angel investors from San Francisco.
10/10/2023

D2C startup eské raises USD 1.5 Million in pre-Series A round

eské, a Mumbai-based direct-to-consumer (D2C) lifestyle brand, offers premium handbags, briefcases and accessories for the global modern consumer, has raised a USD 1.5 MMillion in a pre-series A round led by Mistry Ventures. This round also saw support from Fluid Ventures.
10/10/2023

Meolaa raises USD 2 Million in seed round led by Turbostart

Purpose-led e-commerce platform Meolaa, offers sustainability-focused products in the areas of beauty, home improvement, baby care, apparels and others, has raised USD 2 Million in its seed round led by Turbostart.
09/10/2023

Prime Venture Partners leads seed round in Oyela

Collaborative commerce platform Oyela, empowers emerging social businesses, product creators and artists to sell their audience and grow their business, has raised INR 14.4 Cr in a seed funding round led by Prime Venture Partners.
09/10/2023

Onsurity raises USD 24 Million in Series B led by IFC

Employee healthcare platform Onsurity, offers subscription-based services that its customers can purchase and offer it to their full-time employees, contractors, interns and consultants, has raised USD 24 Million in a Series B funding round led by International Finance Corporation (IFC). The round also saw participation from existing investors Nexus Venture […]
09/10/2023

Exoticamp has raised INR 4 CR in its first round of funding from a group of early-stage investors

Exoticamp, a camping experiences discovery platform, has raised INR 4 Cr in its first round of funding from a group of early-stage investors, includes Anil Kumar Karusala, Aditya Vuchi’s family office, Harsh Dugar, some seniors employees of Spark Capital, besides a few other non-resident Indians, and high net-worth Individuals.
09/10/2023

India Quotient Leads Seed Round In Content Platform Pep

Pep, an online video streaming platform focussed on upskilling, has raised USD 2.5 Million in a seed funding round led by venture capital (VC) firm India Quotient. The round also saw participation from a host of angel investors including Vidit Aatrey and Sanjeev Barnwal of Meesho, Cred’s Kunal Shah and […]
06/10/2023

Dream11 Acquires Fantasy Sports Platform Sixer

Real-money gaming company Dream11 has acquired Sixer, an online platform for cricket enthusiasts that offers a fantasy stock trading game centred around cricket players. With this acqusition, there is no other company in the world that is more synonymous with fantasy sports than Dream11
06/10/2023

EV infra startup Bolt.Earth raises USD 20 Million

EV infrastructure and software company Bolt.Earth, offers charging solutions for individuals, businesses, real estate companies, fleet operators, and the government, has raised USD 20 Million from Union Square Ventures, Prime Venture Partners and ITIGO Funds, among others.
06/10/2023

Aampe HAS raised USD 7.5 Million in a pre-Series A round, co-led by Matrix Partners India and Peak XV Partners

Aampe, an AI-based user engagement platform raised USD 7.5 Million in a pre-Series A round, co-led by Matrix Partners India and Peak XV Partners. The funds will be deployed for product development as well as geographical expansion.
05/10/2023

Internship platform YouVah raises pre-seed round

Internship platform YouVah, an online portal for applying to internships, has secured USD 210 K in its pre-seed funding round co-led by CIIE.CO IIM Ahmedabad and the co-founders of American Chase. The funds will be used to enable its new programs and conduct experiments to accelerate growth, YouVah said in […]
05/10/2023

All In Capital leads INR 3.3 Cr seed round in Dressfolk

Handloom ethical clothing brand Dressfolk, the curator of Indian crafts and modish silhouettes, has picked up INR 3.3 Cr in a seed round which was spearheaded by All In Capital. The funding round also saw participation of Sidhant Keshwani, Sidhesh Chauhan of Jade Blue, Riju Jhunjhunwala, Vikrampati Singhania, FinFirst Advisors, […]
05/10/2023

Altitude has secured INR 4.16 Cr in a pre-seed funding round from a host of angel investors.

Altitude has secured INR 4.16 Cr in a pre-seed funding round from a host of angel investors. The round also saw participation from around 40 investors including founders, operators, and leaders from Swiggy/DineOut, Yes Bank, Good Glamm Group, Robinhood, and Wipro amongst others.
05/10/2023

ClearFeed has raised USD 2.7 Million in a seed funding round led by Peak XV’s Surge

ClearFeed, a conversational support platform that leverages artificial intelligence and integration with enterprise tools like Slack and Microsoft Teams to streamline customer and employee requests, has raised USD 2.7 Million in a seed funding round led by Peak XV’s Surge. The round also saw participation from 8VC and undisclosed angel […]
05/10/2023

Answer Genomics raised INR 4.16 Cr in a pre-Series A round from early-stage investor Inflection Point Ventures.

Answer Genomics, a platform that provides prognosis, diagnosis, and rehabilitation for a range of disorders through its consumer brand NuGenomics, raised INR 4.16 Cr in a pre-Series A round from early-stage investor Inflection Point Ventures.
05/10/2023

EvolutionX Signs USD 40 Million Cheque To Mensa Brands

Mensa Brands Technologies Pvt. Ltd, which owns and operates a host of direct-to-consumer companies, has raised USD 40 Million from growth-stage debt financing platform EvolutionX Debt Capital. Mensa Brands has raised the capital through a combination of debt facility and convertible investment.
04/10/2023

Fintech Unicorn slice Merges With North East Small Finance Bank

Indian fintech unicorn slice has merged with North East Small Finance Bank (NESFB). The two have received a nod from the RBI for the merger which would help them expand tech-enabled financial accessibility nationwide. The joint venture seeks to integrate advanced technology solutions with initiatives aimed at promoting financial inclusion […]
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