Archive News

02/05/2023

Ace Turtle bags USD 34 Million led by Vertex Ventures, SBI Investment, and others

Retail tech startup Ace Turtle, help retail businesses convert multichannel sales & marketing strategies to omnichannel on marketplaces & own websites has raised USD 34 Million in its Series B funding round led by Vertex Ventures, SBI Investment, Farglory, Lesing Nine, Stride Ventures, Tuscan Ventures and Trifecta Capital.
02/05/2023

Creator tech startup Hypd raises USD 4 Million in pre-Series A

Hypd, enabler of creator-owned marketplace, has raised USD 4 Million in a pre-series A round led by Orios Venture Partners. The funding round also saw participation from existing investors Sauce VC and Better Capital.
01/05/2023

Stack Identity raises USD 4 Million in seed funding

Stack Identity, an automation identity and access management (IAM) governance company, has raised a USD 4 Million seed funding round co-led by US-based WestWave Capital and Benhamou Global Ventures. The proceeds will be utilised to scale product development, strengthen go-to-market strategies and expand customer reach, including SMBs, mid-market and enterprises, […]
28/04/2023

ValPro in the news: How can femtech address challenges faced by women?

The development of various tech platforms catering to women’s unique health needs is creating a space in “Femtech.” We share our views on gaps in the market to cater to various life stage cycles specific to women and it’s impact thereof. https://timesofindia.indiatimes.com/blogs/voices/how-can-femtech-address-challenges-faced-by-women/
28/04/2023

Boundless Brands raises USD 2.5 Million in seed round

Boundless Brands, a digital-first beverages brand with a full-stack e-commerce platform for the F&B industry, has raised USD 2.5 Million in a seed round from marquee angel investors from USA and India.
28/04/2023

Khazanah Buys Stake In Xpressbees From Elevation Capital For USD 40 Millionn

Third-party logistics (3PL) unicorn Xpressbees, India’s Fastest Growing B2B, B2C, Cross Border, 3PL Logistic Service Provider, has raised USD 40 Million from Khazanah Nasional Berhad via a secondary sale as Elevation Capital.
27/04/2023

Louis Stitch raises funds from PVR founder’s office

Men’s luxury fashion brand Louis Stitch has raised INR 5 Cr in a pre-Series A round from Bijli Group. The funds will be allocated to expand product lines, strengthen production & distribution capacity, and expand offline presence across India.
27/04/2023

Servify raises fresh capital in debt and equity tranche

Post sales service firm Servify, offers the world’s most advanced self-learning post-purchase service platform to deliver great customer experience, has raised INR 46.5 Cr in a new tranche of Series D round from CE Ventures (Crescent Enterprises Venture Capital) and Trifecta Venture.
27/04/2023

BrightCHAMPS Marks Third Acquisition, Picks Up Metamorphosis Edu

Edtech soonicorn BrightCHAMPS, a provider of innovative learning programs in coding, financial literacy, robotics, and communication for K-12 students, has acquired Hyderabad-based edtech startup Metamorphosis Edu, it partners with schools across India to train students in entrepreneurship-related skills, in a cash and stock deal, without revealing the exact financial details […]
27/04/2023

NRIHelpLine has raised an undisclosed amount in its seed funding round from a host of angel investors

Non-Resident Indian (NRI) community-focused realty platform NRIHelpLine, an NRI-focussed realty platform that helps them buy, sell and manage their assets and their associated compliances, has raised an undisclosed amount in its seed funding round from a host of angel investors including A Subba Rao (Dabur International), Arjun Nijhawan (Travel Boutique […]
27/04/2023

Aksum has secured USD 1 Million in a pre-Series A funding round from Inflection Point Ventures

Business-to-business (B2B) supply chain efficiency solutions provider Aksum, a supply chain efficiency solutions provider for small and medium-sized enterprises (SMEs) and large corporates. The platform offers procurement automation, which enables companies to automate their purchasing process has secured USD 1 Million in a pre-Series A funding round from Inflection Point […]
27/04/2023

QuickReply.ai has raised USD 1.14 million in a seed funding round led by Leo Capital

Digital marketing platform QuickReply.ai has raised USD 1.14 million in a seed funding round led by Leo Capital. The round also saw participation from Pentathlon Ventures, GSF, as well as entrepreneurs and angel investors Deepak Diwakar (MindTickle), Azhar Iqubal (Inshorts), and Dinesh Agarwal (Indiamart).
26/04/2023

Chanakya Fund Trust Launches INR 100 Cr Fund To Invest In Tech, Manufacturing Startups

Chanakya Fund Trust has announced the launch of its maiden INR 100 Cr sector-agnostic fund to invest in startups and small and medium enterprises (SMEs). About 51% of the corpus would be reserved for investments in manufacturing, tech and consumer product startups. The fund will invest in companies that have […]
26/04/2023

Rebel Foods Raises USD 9.1 Million Debt Funding From Catalyst Trusteeship, Stride Ventures

Cloud kitchen unicorn Rebel Foods, is an Indian online restaurant company which operates 11 cloud kitchen brands including Faasos, Behrouz Biryani and Oven Story, has secured USD 9.1 Million in a debt funding round from Catalyst Trusteeship (Northern Arc) and Stride Ventures.
26/04/2023

HerKey raises USD 4 Million from Kalaari and others

HerKey, a career engagement platform for women in India, has raised USD 4 Million in a pre-Series A round from Kalaari, 360 ONE Asset, and angel investors including Zia Mody, Puneet Dalmia, Pramit Jhaveri, Aditi and Shuchi Kothari, KP Balaraj, Ranjan Pai, Neeraj Bajaj, Akash Bhansali and others.
25/04/2023

Japanese VC, Sony Fund Sign Series B Cheque For Hyperlocal Content Startup Lokal

Hyperlocal content platform Lokal raised USD 14.7 Million from Global Brain Corporation and Sony Innovation Fund in a Series B round. Founded by Jani Pasha and Vipul Chaudhary in 2018, Lokal provides news to vernacular audiences based on their location. It lets users download videos and set WhatsApp status, seek […]
25/04/2023

Spacetech start-up InspeCity raises USD 1.5 Million in Funding.

Spacetech startup InspeCity has secured USD 1.5 Million in a pre-seed funding round co-led by deep-tech venture capital firm Speciale Invest, Antler India, and Veda VC. The round also saw participation from Anicut Capital, DeVC India, and others. Founded in 2022, InspeCity aims to build the first city in a […]
25/04/2023

Social Security Startup Haqdarshak Closes Third Funding Round

MSME-focused Haqdarshak Empowerment Solutions closed its pre-Series A1 funding round with investments from Innovating Justice Fund and Village Capital-managed Financial Health Innovation Fund. The company did not disclose the details of the financial transaction. Founded by Aniket Doegar, Haqdarshak aims at bridging the information and access gap between citizens and […]
24/04/2023

Healthcare startup Genefitletics has mopped up an undisclosed amount in a pre-seed funding round

Healthcare startup Genefitletics, which claims to be the first company in Asia to offer direct-to-customer gut and vaginal microbiome testing at home, has mopped up an undisclosed amount in a pre-seed funding round from a host of undisclosed angel investors.
24/04/2023

DevX has raised pre-Series A funding of USD 3 Million from a host of investors including Urmin family office, Bidiwala family office and Navneet Publications

Co-working space startup DevX has raised pre-Series A funding of USD 3 Million from a host of investors including Urmin family office, Bidiwala family office and Navneet Publications, among others. The Ahmedabad-based startup will use the fresh funds for geographical expansion within India as well as overseas.
24/04/2023

Adventum Student Living Pvt Ltd has raised USD 5 Million in a bridge funding round led by Cornerstone Venture Partners Fund (CSVP)

Adventum Student Living Pvt Ltd, which operates student accommodation platform UniAcco, has raised USD 5 Million in a bridge funding round led by Cornerstone Venture Partners Fund (CSVP). The round also saw participation from existing investors. Adventum will use the fresh capital to expand its product offerings, strengthen position and […]
21/04/2023

Wipro’s Consumer Arm Buys Packaged Food Brand

Wipro Consumer Care & Lighting has acquired Kerala-based ready-to-cook brand Brahmins, a strong heritage brand leading the spice and ready- to-cook category with a significant consumer recall. Wipro, best known for its soap brand Santoor and Yardley talcum powder, aims to expand and consolidate its business in the spices, breakfast […]
21/04/2023

Akshay Kumar, Virender Sehwag, Others Invest In Agritech Startup Two Brothers Organic Farm

Two Brothers Organic Farm (TBOF), an organic farm where breed indigenous cows and grow fruits, vegetables, processed foods and dairy products organically, has raised an undisclosed amount in a Pre-Series A round from Actor Akshay Kumar and former cricketer Virender Sehwag along with some other unspecified investors.
20/04/2023

IPV leads INR 4 Cr Round in Cognecto

Artificial intelligence solution Cognecto has secured an investment of INR 4 Crore in a seed round led by Inflection Point Ventures. Founded in 2020, Cognecto connects frontline workers and equipment on a unified platform to cater to a comprehensive view of mining and construction operations, enabling businesses to generate valuable […]
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