Archive News

28/07/2021

Freightify Eyes Global Expansion With New Fundraise

Logistics tech startup Freightify has secured USD 2.5 Mn in its Pre-Series A funding round led by Nordic Eye Venture Capital, with participation from Tradeworks VC, Venture Catalysts, 9Unicorns and Blume Ventures through the VC’s Founders Fund. Existing investor Vinod Kumar Talreja also participated in the round
28/07/2021

WaterBridge Ventures And Lumikai Fund Back Creator Led Live Social Gaming Platform EloElo

Live social gaming platform EloElo has raised a pre-series A round of USD 2 Million co-led by Waterbridge Ventures and Lumikai Fund. Better Capital and talent management firm Exceed Entertainment also participated in the round.
28/07/2021

Unacademy taps into game streaming with Rheo TV acquisition

Unacademy has acquired Rheo TV, a platform that helps professional game streamers livestream their gameplays and monetise those feeds. As part of the deal, Bengaluru based Unacademy will fully acquire Rheo TV and enable the exit of all existing investors. Financial details of the deal were not disclosed
28/07/2021

Zingbus raises USD 6 Million in funding round led by Infoedge ventures

Intercity-mobility startup Zingbus has raised USD 6 million in a pre-Series A round led by Infoedge Ventures. The round was led by Funders Club, Pioneer fund, Anim Fund (Founders Fund Scout), Locus Ventures, and Liquid 2 Ventures. Existing investors Advantedge Technology Fund, 9Unicorns, and Venture Catalyst also invested
28/07/2021

Teen-focused fintech startup Pencilton raises fresh funding for product enhancement, management and launch of upgraded products

Hyderabad-based fintech startup Pencilton has raised USD 330,000 in a pre-seed round led by Jupiter. The round also saw Nilesh Patel and Prashant Singh, Ashish Sharma, Abhishek Goyal, Himanshu Sharma, Kunal Sinha, Vignesh Ramanujam and angel investor Tirumalareddy Karri.
28/07/2021

Vans Investment led funding round in Our Better Planet

Vans Investment, a family office led by Dr Srinivas Chunduru, has invested in Our Better Planet, a platform for ethically sourced products.The investment is part of Our Better Planet’s USD 300,000 round
28/07/2021

Axio Biosolutions raises funding to expand in the US and EU as well as strengthen India operations

Bengaluru-based medtech company Axio Biosolutions has raised USD 6 million in a Series B2 round led by TrueScale Capital with participation from existing investors Omidyar Network India, University of California–Ratan Tata Fund, and Accel.
28/07/2021

Immensitas raises funding led by Artha Venture Fund

Data-automation platform Immensitas has raised USD 847,000 in a pre-Series A funding round led by Artha Venture Fund. The round also saw participation from Ramakant Sharma’s LogX Ventures
28/07/2021

Media processing company Gumlet raises funding led by Sequoia’s Surge

Singapore-based software-as-a-service (SaaS) firm Gumlet has raised INR 12 crores in a funding round led by Sequoia Capital’s Surge. The round also saw angel investors Aakrit Vaish, Mitten Sampat, Swapan Rajdev and Yash Kothari
27/07/2021

Veera Health raises USD 3 million from Sequoia Surge, others

Veera Health, a digital health platform for women, has raised USD 3 million in a funding round co-led by Sequoia Capital India’s Surge and Global Founders Capital, along with the participation of Y Combinator, CloudNine Hospitals’ co-founder Rohit M.A. and Tinder India head Taru Kapoor.
27/07/2021

ShareChat raises USD 145 million from Temasek, others at near USD 3 billionn valuation

Indian content-sharing platform ShareChat has raised USD 145 million in fresh funding from Singapore’s Temasek Holdings and two other investors, giving it a valuation of USD 2.88 billion. The latest funding round was led by Temasek and Moore Strategic Ventures, with participation from a fund jointly set up by Mirae […]
27/07/2021

D2C beauty brand MyGlamm raises INR 355 Crore from Accel Partners, others

Direct-to-consumer beauty products brand MyGlamm has closed its ongoing Series C funding round at INR 530 crore. The startup raised INR 355 crore in the latest tranche, which was led by venture capital firm Accel India. Bessemer Venture Partners, L’Occitane, Ascent, Amazon, Mankekar family, Trifecta, and Strides Ventures participated in […]
27/07/2021

G.O.A.T Brand raises USD 36 Million in Series A led by Tiger Global, Flipkart Ventures

G.O.A.T Brand Labs, the Bengaluru-based startup that accelerates the growth of D2C brands, has raised USD 36 million in a Series A round through a mix of equity and debt led by Tiger Global and Flipkart Ventures. Other investors, including Mayfield, Nordstar, Better Capital, and prominent angel investors also participated […]
27/07/2021

Online Course Creation Platform Knorish Raises USD 1.1 Million In Pre-Series A Funding

Online course creation platform, Knorish, has raised USD 1.1 million in a pre-Series A round of funding. The round was led by Inflection Point Ventures along with participation from Rockstud Capital, Pentathlon Ventures, Prophetic Ventures syndicate, among others.
27/07/2021

Superfoods brand Keeros raises undisclosed pre-Series A round from Venture Catalysts

Keeros, a platform for diabetic-friendly snacks and food, has raised an undisclosed pre-Series A round from Venture Catalysts.
27/07/2021

Swift Raises USD 2.2 Million In Pre-Series A Funding Led By Kalaari Capital

Internet commerce enabler Swift, has raised USD 2.2 million in pre-Series A funding led by Kalaari Capital with participation from existing investors FirstCheque, Indian Angel Network, and other angel investors.
26/07/2021

Mamaearth valued at USD 730 million as Sofina leads USD 50 million funding

Direct-to-consumer personal care brand Mamaearth, has closed a USD 50 million funding round led by Belgian investment fund Sofina, valuing the brand at USD 730 million, one of the most valued new-age D2C brands in the country. Existing investor Sequoia Capital also participated in the round, while early investors Fireside […]
26/07/2021

Healthcare startup Even raises USD 5 Million in seed round led by Khosla Ventures

Bengaluru-based healthcare startup Even, has raised USD 5 million in seed round led by Khosla Ventures, with participation from Founders Fund, Lachy Groom, and other investors. Even’s health membership product will cost around USD 200 per year for a person aged 18 to 35 and covers everything – unlimited consultations […]
26/07/2021

Language learning platform instrucko raises USD 1 Million in pre-Series A round

Instrucko, a one-to-one language learning platform, has raised USD 1 million in its seed round of funding led by MVK Group, a venture capital firm based out of London. Instrucko specialises in teaching English, French, Spanish, Mandarin, German, Hindi, public speaking and creative writing to children in the age band […]
26/07/2021

EV startup Epick Bikes raises undisclosed amount in pre-Series A round led by MaGEHold Pte. Limited

Hyderabad-based EV startup, Epick Bikes, has raised an undisclosed amount of funding in a pre-Series A round led by Singapore-based investment firm MaGEHold Pte. Limited along with participation from few other HNIs.
23/07/2021

Debt-collection software maker Prodigal raises USD 12 Million led by Menlo Ventures

California-based Prodigal, which offers software for loan servicing and collection, has raised USD 12 million Series A fundraise led by Menlo Ventures. Participating and existing investors, including Accel, Y Combinator MGV, Eric Sage COO of Plaid, and others also joined the round.
23/07/2021

Julia Computing raises USD 24 million from Dorilton, others

Julia Computing, founded by the creators of the Julia high-performance programming language, has raised USD 24 Million Series A fundraising round led by Dorilton Ventures, with participation from Menlo Ventures, General Catalyst, and HighSage Ventures.
23/07/2021

Email marketing startup Mailmodo raises USD 2 Million from Sequoia’s Surge, Y Combinator, others

Bengaluru-headquartered no-code email marketing startup Mailmodo, has raised USD 2 million in seed funding, led by Sequoia Capital India’s Surge, Y Combinator, and existing investors.
23/07/2021

SuperBeings raise seed round led by Endiya Partners

Bengaluru-based integrated leadership success platform for growing organizations, SuperBeings has raised an undisclosed seed round led by Endiya Partners. The round also saw participation from existing investor Axilor Ventures along with Cloud Capital and others.
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