Archive News

19/07/2024

Bitscale has raised an undisclosed amount in its maiden funding round led by India Quotient’s First Cheque.

Bitscale is building a new type of UI where sales and marketing professionals can automate their manual workflows, making them 10X more effective, has raised an undisclosed amount in its maiden funding round led by India Quotient’s First Cheque. The round also saw participation from Point One capital, Kunal Shah, […]
19/07/2024

Slice has raised USD 8 Million in debt from Neo Markets.

Slice provides a physical and virtual card focused on millennials. It enables students and salaried professionals to buy collateral-free products and services online on EMIs through an app and helps them build credit scores, has raised USD 8 Million in debt from Neo Markets.
19/07/2024

Fibr has raised USD 1.8 Million in fresh funding round led by Accel.

Fibr helps marketers reduce CAC and improve conversion rates. Its flagship offering ‘Pilot’ helps brands create personalized landing pages for ads, emails, and SMS, has raised USD 1.8 Million in fresh funding round led by Accel. The round also saw participation from 2am VC and Kunal Shah.
19/07/2024

Former Alibaba, 9Unicorns executives has launched INR 1,000 Cr VC fund.

Raghav Bahl, former head of investments at Alibaba Group’s India business, and Soham Avlani, ex-partner at 9Unicorns, have launched INR 1,000 Cr venture capital fund PROMAFT Partners. The sector-agnostic fund plans to invest in companies that have proven ‘product-market-fit’. It also plans to make 10-12 investments with two-three investments in […]
18/07/2024

Nikhil Kamath-Backed Collective Artists Network has acquired galleri5 to boost its AI Creator Offerings.

Collective Artists Network has acquired AI-based platform galleri5 to expand its creator and content ecosystem. With this acquisition, Collective Artists Network looks to expand its tech-based integrated solutions ranging from talent management, creator tech, influencer marketing and consultancy.
18/07/2024

Protonas has raised an undisclosed amount in Seed funding round led by Transition VC.

Protonas specializes in low-cost PEM hydrogen fuel cell solutions and aims to deploy cost-efficient backup power applications in North America and power fuel cell engines for 3-wheeler and 4-wheeler vehicles in India and other Asian markets, has raised an undisclosed amount in Seed funding round led by Transition VC.
18/07/2024

Lenskart has raised INR 160 Cr From Peyush Bansal, Other Cofounders.

Lenskart is among the largest omnichannel eyewear retailers, having presence in Singapore, the UAE & other geographies as well, has raised INR 160 Cr in fresh funding round from its co-founders. Peyush Bansal led the round with INR 70.70 Cr while Neha Bansal put INR 70.39 Cr. Amit Choudhary and […]
18/07/2024

Lifetime Health has raised USD 1.5 Million in Seed funding round led by The Garage Syndicate.

Lifetime Health is a digital platform for hospital-at-home care providing phlebotomy services, diagnostic tools, medical devices, nursing care, physiotherapy, and postoperative care all in one app, has raised USD 1.5 Million in Seed funding round led by The Garage Syndicate. The round also saw participation from other angel investors.
18/07/2024

Honestly has raised INR 3.2 Cr in Pre-Seed funding round led by Better Capital.

Honestly, an AI-powered beauty and personal care platform that will enable peer-to-peer connections for exchanging product reviews, has raised INR 3.2 Cr in Pre-Seed funding round led by Better Capital. The round also saw participation from QED Innovations, and senior leaders from Flipkart, Polygon and Cred.
18/07/2024

Newme has raised USD 18 Million in Series A funding round led by Accel.

Newme is a gen-z focused fast fashion brand that currently sells self-branded clothing across both online and offline outlets, has raised USD 18 Million in Series A funding round led by Accel. The round also saw participation from Fireside Ventures and AUM Ventures.
18/07/2024

MyPickup has raised INR 1.5 Cr in Seed funding round led by Inflection Point Ventures.

MyPickup is a subscription based electric auto-rickshaw service provider, aims to offer zero cancellations and zero surge pricing. It addresses urban congestion and pollution challenges in major cities, has raised INR 1.5 Cr in Seed funding round led by Inflection Point Ventures.
18/07/2024

FreshBus has raised INR 43.7 Cr in Series A funding round led by Maniv Mobility.

FreshBus manages a full-stack platform, and claims its electric buses have noise-free air-conditioned cabins, IOT-enabled real-time air-quality and temperature monitoring, security CCTVs, personal charging docks, Wi-Fi, real-time tracking and alcohol checks, has raised INR 43.7 Cr in Series A funding round led by Maniv Mobility. The round also saw participation […]
18/07/2024

byteXL has raised USD 5.9 Million in Series A funding round led by Kalaari Capital.

byteXL, an edtech platform focused on engineering education, partners with colleges and industry to integrate curriculum, content, and practical learning, providing students with the necessary skills and awareness on employability and empowering them to excel in their careers, has raised USD 5.9 Million in Series A funding round led by […]
17/07/2024

Klub aims to disburse INR 200 Cr this festive season.

Revenue-based financing platform Klub is set to disburse INR 200 crore for this year’s festive season. The disbursal will aid SMEs in maintaining inventory and pre-planning marketing efforts to meet the surged demand during India’s festive season. Klub plans to infuse the funds into D2C brands across more than 45 […]
17/07/2024

Defence-Focused Jamwant Ventures has marked the First Close Of Early-Stage Fund.

Defence startup-focused early-stage investment firm Jamwant Ventures has marked the first close of its angel fund. In terms of its average investment size, the fund aims to invest INR 50 lakh-1 Cr across pre-seed, seed, and Series-A rounds in the spaces such as deeptech, defence and aerospace.
17/07/2024

Auxilo Finserve has raised USD 30 Million in fresh funding round from LeapFrog Investments.

Auxilo Finserve provides loans to students for pursuing education in India or overseas and also to educational institutions for their infrastructure and working capital requirements, has raised USD 30 Million in fresh funding round from LeapFrog Investments through its investment vehicle Jade Inclusion Ltd. This round also saw participation from […]
17/07/2024

Getepay has roped in Cricketer Virender Sehwag as an Investor.

Getepay offers customised digital payment and commerce solutions to merchants. It facilitates merchants with transaction, website and payment management options on its platform, has roped in cricketer Virender Sehwag as its investor. The company plans to deploy the fresh capital to expand its payment and digital services to 2.5 Million […]
17/07/2024

Corvi LED has raised USD 8 Million in a growth capital round led by Enam Investments.

Corvi LED offers a portfolio of more than 100 products spanning across 7 categories like bulbs, tubes, flat, surface and others, has raised USD 8 Million in a growth capital round led by Enam Investments. The fresh funds will be used to expand into new geographies, diversify its product portfolio, […]
17/07/2024

Ninecamp Ventures has raised USD 2 Million in Seed funding round from notable angels and non-institutional investors.

Ninecamp Ventures, a new generation food and beverage firm that plans to create brands that align with the evolving market and the aspirations of Indian consumers, has raised USD 2 Million in Seed funding round from a cohort of esteemed investors, including Mohit Gupta, Gaurav Gupta, Varun and Ghazal Alagh, […]
17/07/2024

Seeds Fincap has raised USD 8.5 Million in Series A funding round led by Lok Capital and Matrix Partners India.

Seeds Fincap is a NBFC that aims to meet the financial needs of medium and small business owners with tailored credit products. It provides secured and unsecured loans ranging from Rs 1-5 lakhs in ticket size, has raised over USD 8.5 Million in Series A funding round led by Lok […]
17/07/2024

Boon has raised USD 5 Million in Series A funding round led by Roca Group Ventures.

Boon leverages its patented technologies as predictive filter maintenance using AI to ensure high efficiency and reliability of water purification systems, has raised USD 5 Million in Series A funding round, in a mix of equity and debt led by Roca Group Ventures. The round also saw participation from other […]
17/07/2024

Multipl has raised USD 1.5 Million in Seed funding round co-led by Blume Ventures and MIXI Global Investments, Inc.

Multipl offers investments in mutual funds. The platform integrates with mutual funds and partnerships with brands which enables consumers to invest in mutual funds for their lifestyle spends, has raised USD 1.5 Million in an extended Seed funding round co-led by Blume Ventures and MIXI Global Investments, Inc.
16/07/2024

Altern Capital has launched maiden INR 250 Cr real estate fund.

Altern Capital, an investment management company focused on real estate investments, launched its maiden SEBI-approved Category II Alternative Investment Fund named JIRAAF AU INDIA REAL ESTATE FUND – I. The target size of this fund is INR 250 Cr, with an additional greenshoe option of INR 100 Cr. The fund’s […]
16/07/2024

Icanheal has raised INR 15 Cr in Seed funding round from IvyCap Ventures.

Icanheal, a healthcare financing and patient navigation platform which aims to address this critical gap between healthcare and financing, has raised INR 15 Cr in Seed funding round from IvyCap Ventures. The funds will be used to bolster its platform and enhance its capabilities.
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