Archive News

11/07/2023

Smartphone retail chain SmartDukaan secured USD 10 Million in a pre-Series A funding round

Smartphone retail chain SmartDukaan, India’s fastest growing Smartphone retail chain with over 250 stores across 100 cities in 6 states, secured USD 10 Million in a pre-Series A funding round, led by Findoc Finvest Pvt. Ltd. The round also saw participation from Leafberry Ads Pvt. Ltd and other undisclosed angel […]
10/07/2023

Actor Parineeti Chopra Backs Sustainable Personal Care Startup Clensta

Clensta, offers sustainable healthcare and personal care products in the wellness, haircare, skincare among other categories, has raised an undisclosed amount from bollywood actor Parineeti Chopra.
10/07/2023

Nischal Shetty led Shardeum raises USD 5.4 Million in strategic round

Shardeum, an Ethereum Virtual Machine (EVM)-based sharded blockchain, has raised USD 5.4 Million in a strategic round from Amber Group, Galxe, J17 Capital, TRGC, Jsquare, Bware Labs, Tané Labs, Hyperithm Group, Luganodes, Blockchain Ventures Hub, CryptoViet Ventures, and Blue7.
07/07/2023

Recur Club launches USD 10 Million fund to back green startups

Revenue-based financing platform Recur Club has launched Regreen Fund, a sustainable finance program dedicated to investing in startups actively working towards a greener and more sustainable future. Regreen Fund will provide selected companies with access to growth capital without equity dilution, enabling them to scale their operations, accelerate product development, […]
07/07/2023

Insight Partners Raises USD 118 Million To Back VCs With Diverse Managers

Global tech investor Insight Partners has raised USD 118 Million in its second 20/20 Vision Capital fund that aims to invest in venture capital funds led by diverse managers. Vision Capital II will continue to write single-digit million checks backing managers and provide follow-up capital for their second fund.
06/07/2023

Ronin Wines raises pre-Series A round led by Rainmatter

Ronin Wines, makes mead which is obtained by fermenting honey with various fruits and spices, has raised USD 675 K in pre-Series A round co- led by Zerodha-backed Rainmatter Capital and Grip Invest with participation from Auxano Capital, Supermorpheus, Anthill Capital and others.
06/07/2023

Battery Smart Snags USD 33 Million As EIF, BII Join Cap Table

Battery Smart, a battery swapping network platform for electric two and three-wheelers, has raised pre-Series B funding of USD 33 Million from Ecosystem Integrity Fund (EIF) and British International Investment. The round also saw participation from existing investors Tiger Global and Blume Ventures.
06/07/2023

Workspace interior firm OfficeBanao has raised an undisclosed amount in an angel investment round

Workspace interior firm OfficeBanao, a platform for designers, architects, contractors, office furniture and material suppliers providing an entire array of commercial interiors, has raised an undisclosed amount in an angel investment round from Ajit Mohan (Hotstar), Ramesh Nair and Apurva Chamaria (Google India).
06/07/2023

remium salons, spas and aesthetic clinics marketplace Luzo has raised INR 2.06 Cr as a part of its pre-seed funding round led by100X.VC

Premium salons, spas and aesthetic clinics marketplace Luzo, a curated collection of premium salons and spas and has attempted to bridge the technological gap between customers and beauty service providers, has raised INR 2.06 Cr as a part of its pre-seed funding round led by100X.VC, with participation from angel investors […]
06/07/2023

Drone Manufacturer InsideFPV has raised INR 2.75 Cr in a seed funding round from Inflection Point Ventures

Drone Manufacturer InsideFPV, a drone maker which targets to penetrate the consumer drone space, agricultural and defence space in the coming quarters, has raised INR 2.75 Cr in a seed funding round from Inflection Point Ventures.
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.
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