Archive News

27/09/2023

Zeron has secured USD 500 K in a seed funding round led by Varanium Capital

Zeron, a cybersecurity firm that offers solutions for organizations aiming to secure their cyberspace, has secured USD 500 K in a seed funding round led by Varanium Capital, with participation from Yatra Angel Network.
27/09/2023

PierSight has raised INR 4.99 Cr in a pre-seed funding round led by early-stage investor All In Capital.

Ocean-surveillance-based deeptech startup PierSight, works in the area of ocean surveillance using synthetic aperture radar (SAR) imaging and automatic identification system (AIS) satellites, has raised INR 4.99 Cr in a pre-seed funding round led by early-stage investor All In Capital. The round also saw participation from Techstars and angel investors […]
27/09/2023

Gaming startup QuriousBit has secured USD 2 Million in a seed funding round led by Lumikai

Gaming startup QuriousBit, builds casual puzzle games for mobile platforms. It aims to build a personalized gaming experience, has secured USD 2 Million in a seed funding round led by Lumikai, with participation from General Catalyst.
26/09/2023

Castler Secures USD 6 Million Funding To Build Global Escrow Platform

Escrow banking startup Castler, offers financial solutions such as tackling complex transaction flows, identity verification, fraud management and customer protection, has closed its Pre-Series A funding round at USD 6 Million. The funding round has been led by Capital 2B (an Info Edge Fund) and IIFL Fintech Fund. The round […]
26/09/2023

Ambulance startup DIAL 4242 raises seed round

Ambulance service provider DIAL 4242, an online platform for booking ambulances in case of an emergency, has raised INR 1 Cr in its seed round led by investors G Vamshi Raju, Starfish Ventures, and a clutch of angel investors based in Hyderabad.
26/09/2023

FlexifyMe raises USD 1 Million in seed round led by Flipkart Ventures

Health and wellness platform FlexifyMe, help reverse chronic illnesses and stress and help people get rid of musculoskeletal disorders, has raised USD 1 Million in its seed round from Flipkart Ventures. The round also saw participation from GSF, iHub Anubhuti, Chandigarh Angels (CAN), Venture Catalyst, and OneCapital among other prominent […]
26/09/2023

EV charging platform Nikol EV raised an undisclosed amount in a pre-seed funding round EvolveX.

EV charging platform Nikol EV, building an EV charging infrastructure by developing its chargers and setting up fast EV charging stations, raised an undisclosed amount in a pre-seed funding round from early-stage accelerator EvolveX. The round also saw participation from angel investors Vikas Aggarwal, Neeraj Tyagi and Bhawna Bhatnagar from […]
26/09/2023

B2B-SaaS startup Data Sutram has raised USD 3 Million in a funding round led by Bharat Fund

B2B-SaaS startup Data Sutram, aims to address core banking challenges, offering insights obtained by blending General Data Protection Regulation (GDPR)-compliant data from multiple sources, has raised USD 3 Million in a funding round led by Bharat Fund with participation from Singularity Growth Fund, IIFL, Yatra Angel Network and White Venture […]
26/09/2023

EV motorcycle maker Raptee has raised USD 3 Million in a pre-Series A funding round, led by deeptech venture capital firm (VC) Bluehill Capital.

EV motorcycle maker Raptee has raised USD 3 Million in a pre-Series A funding round, led by deeptech venture capital firm (VC) Bluehill Capital. The round also saw participation from angel investors like Eugene Mayne (Tristar Global), Ramesh Kannan (Kaynes Technology) and Lakshmi Narayanan (ex-Cognizant).
25/09/2023

Venture debt firm Trifecta Capital closes Fund III at INR 1,777 Cr

Venture debt firm Trifecta Capital has announced the final close of its third venture debt fund, Trifecta Venture Debt Fund III, at INR 1,777 Cr. The fund was oversubscribed, surpassing the initial target of Rs 1,500 crore.
25/09/2023

Autocracy Machinery raises USD 1.2 Million in Seed round led by Venture Catalysts

Autocracy Machinery, a manufacturer of trenching, turf and construction machinery, has raised a USD 1.2 Million in its seed round led by Venture Catalysts. The round also saw partticipation from Nikhil and Bharat Jaisinghani, Meghna Agarwal, Abhishek Rungta, Srikanth Iyengar and Abhishek Modi along with HEM Angels, VC Grid and […]
25/09/2023

StampThePassport has raised INR 4 Cr in a pre-seed funding round from undisclosed angel investors.

StampThePassport, provides visa information and allows users to apply for visas. It aims to simplify the process by using technology and providing expert customer support, has raised INR 4 Cr in a pre-seed funding round from undisclosed angel investors.
25/09/2023

Specialty coffee chain abCofee raised USD 2 Million in a seed funding round, led by Tanglin Venture Partners.

Specialty coffee chain abCofee, offers a wide variety of brewed coffees at affordable prices sourced from the farms of Chikmanglur, raised USD 2 Million in a seed funding round, led by Singapore- and Bengaluru-based Tanglin Venture Partners. The round also saw participation from other VC players like 100X.VC, Panthera Peak, […]
25/09/2023

Legistify raised USD 4 Million in a Series A

Legistify, a legaltech software-as-a-service (SaaS) platform raised USD 4 Million in a Series A funding round from a host of investors including existing ones like Indiamart, Titan Capital, GSF Accelerator along with US-based Cathexis Ventures, Justin Hamilton and Japan-based Enrission Group.
22/09/2023

Antler India raises INR 500 Cr for maiden fund

Early-stage investment firm Antler India has closed INR 500 Cr of its INR 600 Cr maiden fund and is planning to make the final close this quarter. The fund will continue to invest between USD 200 K and USD 400 K in new portfolio companies in software-as-a-service, fintech, generative AI […]
22/09/2023

Ergos Snags USD 10 Million As Abler Nordic Joins Cap Table

Agritech startup Ergos, digitises grain storage, allowing farmers to convert their grains into tradable digital assets and earn more by selling produce at optimal times post-harvest, has raised USD 10 Million in a Series B funding through a mix of equity and debt rounds. The fundraise saw Oslo-based Abler Nordic […]
21/09/2023

Announcement: Roadzen listing on NASDAQ tomorrow

We are delighted to have been part of the fundraising journey of Roadzen which lists on NASDAQ on 22nd September 2023 – Roadzen is transforming auto insurance via AI and building from India for the world. Link
21/09/2023

Creaegis closes maiden fund at USD 426 Million

Homegrown private equity fund Creaegis has closed its maiden fund at about USD 426 Million, as it aims to back indigenous startups. Creaegis is looking to build a portfolio of 12-15 companies and will back roughly four companies annually. The fund is expected to be sector-agnostic and will look to […]
21/09/2023

Incubate Fund Asia announces first close of Fund III

Incubate Fund Asia, a sector-agnostic Japanese venture capital fund specialising in seed-stage investment, has announced the first close of its third fund which has a target corpus of USD 50 Million. The proceeds of the fund will be used to make early-stage investments and also for follow-on investments in startups […]
21/09/2023

Perfios acquihires fintech startup Fego.ai

Bengaluru-based fintech firm Perfios, offers financial and data analysis software and tools, besides lending solutions, has acquihired Chennai-based open finance platform Fego.ai, offers an open-finance product stack to developers, with its application programming interface (APIs) enabling companies to connect users.
21/09/2023

Eloelo has raised USD 22 Million in pre-Series B funding round co-led by Courtside Ventures and Griffin Gaming Partners.

Live entertainment and social gaming platform Eloelo, combines audio and video live chatrooms with games and shows, has raised USD 22 Million as a part of its pre-Series B funding round co-led by Courtside Ventures and Griffin Gaming Partners. The round also saw participation from existing backers Waterbridge Ventures, Lumikai […]
21/09/2023

EaseMyAI has raised INR 3 Cr in a seed funding round from Inflection Point Ventures.

EaseMyAI, helps businesses automate processes along with providing a marketplace where users can access, upload, and download a variety of business use cases and services to tailor their dashboards and automate specific workflows, has raised INR 3 Cr in a seed funding round from Inflection Point Ventures.
21/09/2023

Atlys has raised USD 12 Million in a Series A funding round co-led by Elevation Capital and Peak XV Partners.

Atlys, a digital visa platform that aims to streamline the visa acquisition process, has raised USD 12 Million in a Series A funding round co-led by Elevation Capital and Peak XV Partners. The round also saw participation from existing investors Andreessen Horowitz (a16z), Musical duo Chainsmokers, South Park Commons and […]
20/09/2023

Utsav Somani’s Offline raises USD 2 Million from unicorn founders, micro VCs, influencers

Offline, club for elite tech entrepreneurs, has raised USD 2 Million from co-founders of startups, unicorns, a clutch of micro venture capitals, and a few influencer-turned-investors. The round also saw paticipation from Better Capital, DeVC, Huddle, Riverwalk Ventures, and India Silicon Valley, along with Tanmay Bhat and Shlok Srivastava.
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