Archive News

05/07/2023

PremjiInvest Leads USD 33 Million Round In Jewellery Brand Giva

Indiejewel Fashions Pvt. Ltd, which operates silver jewellery-focused brand Giva, provides the largest range of certified and curated offerings in silver jewellery, has raised USD 33 Million in its Series B funding round led by PremjiInvest.
05/07/2023

Generative AI startup ZuAI has secured INR 4 Cr in a seed funding round from Prime Venture Partners

Generative AI startup ZuAI, provides an interactive learning experience for children and teenagers and helps them to prepare in an interactive manner, has secured INR 4 Cr in a seed funding round from Prime Venture Partners.
05/07/2023

Hyperlocal content production platform Knocksense has closed its pre-Series A funding round at USD 1 Million after raising capital from musician Lucky Ali.

Hyperlocal content production platform Knocksense, a content production platform that creates local digital and live entertainment content targeted around Tier II/Tier III cities in India, has closed its pre-Series A funding round at USD 1 Million after raising capital from musician Lucky Ali.
05/07/2023

Denim maker Freakins has raised USD 4 Million in a seed funding round led by Matrix Partners India and Blume Ventures

Denim maker Freakins, Gen-Z women-focused brand that claims to have 35 categories with over 1500 styles, has raised USD 4 Million in a seed funding round led by Matrix Partners India and Blume Ventures. The round also saw participation from angel investors like Revant Bhate (Mosaic Wellness), Navin Agarwal (Sonal […]
05/07/2023

Cavli Wireless has raised USD 10 Million in a Series A funding round co-led by Chiratae Ventures and Qualcomm Ventures.

Internet-of-things (IoT) startup Cavli Wireless, designs and manufactures cellular modules in 4G and 5G technologies with integrated embedded (e)SIM and global connectivity, has raised USD 10 Million in a Series A funding round co-led by Chiratae Ventures and Qualcomm Ventures. The round also saw participation from an undisclosed US technology […]
04/07/2023

Digital Entertainment Platform JetSynthesys Acquires Kids Educational Startup KidzByte

Digital entertainment and lifestyle platform JetSynthesys has acquired KidzByte, an educational news and knowledge media platform for kids. This partnership is aimed at transforming the way children access content and empowering them with information to become creative and driven individuals.
04/07/2023

Varanium Capital Announces First Close Of INR 250 Cr Maiden Venture Debt Fund

Mumbai-based asset management company (AMC) Varanium Capital announced the first close of its maiden venture debt fund, which has a target corpus of INR 250 Cr, with a greenshoe option of INR 50 Cr. Varanium Capital will back around 100 startups in India via revenue-based financing and traditional venture debt.
04/07/2023

Frigate raises USD 1.5 Million in seed round

B2B cloud manufacturing startup Frigate, offers a suite of manufacturing services to medium and large-scale companies globally, has raised US 1.5 Million as part of its seed funding round led by Arali Ventures. The round also saw participation from institutional investors such as Capital A, Java Capital, as well as […]
04/07/2023

Fintech startup 50Fin has secured INR 4.25 Cr in a pre-seed funding round co-led by 100X.VC, Keynote Capital and Arun Venkatachalam

Fintech startup 50Fin, offers instant loans against mutual funds and shares to customers, has secured INR 4.25 Cr in a pre-seed funding round co-led by 100X.VC, Keynote Capital and Arun Venkatachalam. The round also saw participation from angel investors, including KRS Jamwal, Aniket Nikumb (Mensa Brands), Manish Kumar (KredX), Sumit […]
04/07/2023

EV startup Vegh has raised USD 5 Million as part of its ongoing pre-series A funding round from undisclosed investors

EV startup Vegh, a two-wheeler e-scooter brand. Its manufacturing facility located in Bathinda, Punjab, has an annual production capacity of 60,000 units, has raised USD 5 Million as part of its ongoing pre-series A funding round from undisclosed investors.
04/07/2023

Blue-collar workforce management firm Smartstaff has raised USD 6.2 Million in a Series A funding round from existing investors

Blue-collar workforce management firm Smartstaff, aims to help businesses hire and manage their blue-collar workforce by digitising workforce management practices, has raised USD 6.2 Million in a Series A funding round from existing investors Nexus Ventures, Arkam Ventures and Blume Ventures, along with new investor Alteria Capital.
03/07/2023

A91 Partners invests USD 30 Mn in KaarTech

Digital transformation consulting company KaarTech, specialises in IP & digital services in the SAP ecosystem with expertise in manufacturing, professional services automation, process manufacturing and consumer packaged goods, has raised USD 30 Million from A91 Partners.
03/07/2023

Blume Ventures-Backed Leverage Edu Snags USD 40 Million Series C Cheque

Leverage Edu, an overseas-focused higher education counselling platform run by Leverage EdTech Pvt Ltd has secured Series C funding of USD 40 Million led by Princeton-based language testing conglomerate ETS. The round also saw participation from its existing investors like Blume Ventures, DSG Consumer Partners and Kaizenvest PE.
30/06/2023

Koskii raises INR 61 Cr in Series A led by Baring PE India

Bengaluru-based women’s occasion-wear brand, Koskii, has raised INR 61 Cr in a Series A funding round led by Baring Private Equity Partners India. The funds will be used to expand its offline store footprint, strengthen its online presence, invest in its proprietary tech platform, and build its team.
30/06/2023

Good Capital launches USD 50 Million fund to back early stage startups

Venture capital firm Good Capital has announced a new USD 50 Million fund to back founders who are democratising Artificial Intelligence for distribution, personalisation or business operations. The firm has kept a greenshoe option of USD 25 Million. Good Capital is deploying the fund with target cheques of up to […]
29/06/2023

Omnivore announces first close of third fund at USD 150 Million

Impact venture capital firm Omnivore has announced the first close of its third fund at USD 150 Million. With their third fund, Omnivore expects to make 25-30 new investments in seed and Series A rounds in agritech startups and MSMEs with initial cheque sizes ranging between USD 1 Million and […]
29/06/2023

Epiq Capital raises USD 225 Million for Fund II

Venture capital firm Epiq Capital has closed its second India-dedicated fund at USD 225 Million, higher than the initial target of USD 150 Million. The new fund will make growth equity investments in around 10 companies in the technology space with ticket sizes ranging from USD 20-25 Million. The fund […]
29/06/2023

WatchYourHealth raised USD 2.2 Million from Singapore-based VC firm Conquest Global Ventures

WatchYourHealth, business-to-business (B2B) SaaS platform that works with clients in healthcare delivery and healthcare financing, raised USD 2.2 Million from Singapore-based VC firm Conquest Global Ventures. The startup will deploy the funding for product development, geographic expansion, sales and marketing efforts, office spaces, and inventory enhancement.
28/06/2023

RTP Global Announces New USD 1 Billion Fund

Early-stage venture capital (VC) firm RTP Global, which counts Indian startups like CRED, Rebel Foods, and MPL among its portfolio, has announced its latest fund RTP IV with a corpus of USD 1 Billion to invest in startups across the US, Europe and reserving one-third of the corpus for investing […]
28/06/2023

Healthtech Startup WatchYourHealth Bags Funding To Improve Customer Engagement

Healthtech startup WatchYourHealth (WYH) has bagged USD 2.2 Million from Conquest Global Ventures to drive innovation, foster global expansion, and revolutionise consumer engagement in the healthcare industry. Launched in 2015 by Ratheesh Nair, WYH offers customer engagement services to the healthcare delivery and healthcare financing businesses by leveraging SaaS platform […]
28/06/2023

Qlan raises USD 200K in pre-seed round

Qlan, a social networking app designed for gamers and e-sports enthusiasts, has raised a pre-seed round of USD 200K from Marwah Sports, Faad Network Limited and CIIE.CO to fuel its expansion and enhance gamer networking, discovery, and content creation capabilities. Founded by Navin Talreja and Sonal Talreja, Qlan allows users […]
28/06/2023

Scapia raises USD 9 Million in seed round led by Matrix

Travel fintech firm Scapia has raised USD 9 Million in a seed round led by Matrix Partners India, with participation from Tanglin Venture Partners, Binny Bansal’s 3STATE Ventures and notable angel investors such as Keki Mistry (CEO, HDFC Ltd). Founded by Anil Goteti, Scapia turns a customer’s everyday expense into […]
28/06/2023

Omnivore announces first close of third fund at USD 150 Million

Impact venture capital firm Omnivore has announced the first close of its third fund at USD 150 Million. With their third fund, Omnivore expects to make 25-30 new investments in seed and Series A rounds in agritech startups and MSMEs with initial cheque sizes ranging between USD 1 Million and […]
28/06/2023

Epiq Capital raises USD 225 Million for Fund II

Venture capital firm Epiq Capital has closed its second India-dedicated fund at USD 225 Million, higher than the initial target of USD 150 Million. The new fund will make growth equity investments in around 10 companies in the technology space with ticket sizes ranging from USD 20-25 Million.
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