Archive News

17/04/2024

Wow! Momo has raised INR 70 Cr in Series D funding round from Z3 Partners.

Wow! Momo Foods operates three QSR brands—Wow Momo, Wow China and Wow Chicken, has raised INR 70 Cr in an extended Series D funding round from Z3 Partners. The funds will be used for growth and expansion of the QSR brand, strengthening the distribution and R&D for the FMCG arm.
17/04/2024

Amwoodo has raised USD 1 Million in fresh funding round from Rainmatter.

Amwoodo specialises in manufacturing bamboo items like combs, toothbrushes, razors, slippers, compostable sanitary bags, and towels, has raised USD 1 Million in fresh funding round from Rainmatter. The funds will be used for upgrading machinery and equipment, upskilling artisans and facilitating expansion initiatives.
17/04/2024

PlanckDOT has raised USD 350K in bridge funding round from undisclosed investors.

PlankDot’s Quanta offers a range of fully-loaded, self-sufficient edge data centres tailored to corporate, enterprise, and SPC requirements empowering businesses to scale their operations seamlessly, has raised USD 350K in bridge funding round from undisclosed investors.
16/04/2024

Medulance has raised USD 3 Million in Series A funding led by Alkemi Growth Capital.

Medulance, a healthcare service provider. From ambulances to 5G smart medical clinics, it provides holistic solutions for corporate and public healthcare needs, has raised USD 3 Million in Series A funding led by Alkemi Growth Capital. The round also saw participation from marquee investors including Dexter Capital, Aman Gupta, and […]
16/04/2024

PineGap.ai has raised USD 2.5 Million in Seed funding round led by SVQuad and Inventus Capital.

PineGap.ai is building an AI-powered equity research platform for Wall Street to help equity research analysts interpret data & derive insights through deep reasoning from companies earning documents, has raised USD 2.5 Million in Seed funding round led by SVQuad and Inventus Capital. The round also saw participation from DeVC, […]
16/04/2024

ClickPost has raised USD 6 Million in Series A funding round led by Inflexor Ventures Partners and Athera Venture Partners.

ClickPost is an all-in-one logistics management platform that provides everything from accurate delivery dates in the pre-purchase journey to multi-carrier integration, tracking visibility, returns and exchange management, and omnichannel enablement, has raised USD 6 Million in Series A funding round led by Inflexor Ventures Partners and Athera Venture Partners. The […]
16/04/2024

ProcMart has raised USD 30 Million in a Series B funding round led by Fundamentum and Edelweiss Discovery Fund.

ProcMart provides supply chain solutions and infrastructure to businesses including services such as purchase order management, contract administration, master data management, e-catalogue management and market intelligence, has raised USD 30 Million in a Series B funding round led by Fundamentum and Edelweiss Discovery Fund. The round also saw participation from […]
16/04/2024

Varco Leg Care has raised USD 500K in Seed funding round led by Sunicon Maiden Fund.

Varco Leg Care has a wide range of leg care products that address the end-to-end leg health needs of customers worldwide targeting health issues like varicose veins, diabetic foot, foot ulcer, and restless leg syndrome, among others, has raised USD 500K in Seed funding round led by Sunicon Maiden Fund, […]
16/04/2024

EMotorad has raised an undisclosed amount in fresh funding round from Mahendra Singh Dhoni.

EMotorad is an electric cycle maker that operates a network of over 350 dealers across India and over 10 experience centres, has raised an undisclosed amount in fresh funding round from Mahendra Singh Dhoni. Dhoni will have equity ownership in EMotorad and will also become brand ambassador for the company.
16/04/2024

Nikhil Kamath has launched WTFund for entrepreneurs under 25.

Nikhil Kamath has launched WTFund for entrepreneurs under 25. The fund will support young entrepreneurs and offer a comprehensive package including a non-dilutive grant of INR 20 Lakh, which will enable founders to retain full equity in their ventures. WTFund will also provide access to operator-first mentorship pods, a vibrant […]
15/04/2024

ElectriFI doubles down on Husk Power Systems with USD 4 Million investment

Husk Power Systems is a provider of decentralised solar-hybrid minigrids, has secured an additional USD 4 Million debt financing from ElectriFI, the EU-funded impact investment facility managed by EDFI Management Company.
15/04/2024

Varthana Finance has raised USD 10 Million in a funding round from BlueOrchard Finance Ltd.

Varthana Finance lends money to low-cost private schools to help them build classrooms, buy equipment, learning materials and invest in teacher training, has raised USD 10 Million in a funding round from BlueOrchard Finance Ltd. The funds will be used to expand its presence across geographies.
15/04/2024

Advance Mobility has raised an undisclosed amount in a funding round from GrowthCap Ventures.

Advance Mobility is a ridesharing mobility startup specialising in scalable fleet operations on the Uber platform that has been working to overcome prevalent challenges in the mobility ecosystem, offering solutions that benefit market players, customers, and drivers alike, has raised an undisclosed amount in a funding round from GrowthCap Ventures.
15/04/2024

TraqCheck has raised an undisclosed amount in fresh funding round from Caret Capital and Culture Cap.

TraqCheck is an AI-based platform for employee background verification. It enables enterprises to onboard employees faster and accurately at a lower cost than traditional methods, has raised an undisclosed amount in fresh funding round from Caret Capital and Peyush Bansal’s family office Culture Cap.
15/04/2024

FincFriends has raised USD 7.8 Million in funding round from InCred Finance and Grow Money Capital.

FincFriends provides instant short-term personal digital loans, has raised USD 7.8 Million funding round with a mix of equity and debt from InCred Finance and Grow Money Capital. The funds will be used towards the company’s growth to accelerate the expansion of its current product offerings and simultaneously scale operations.
15/04/2024

5C Network has raised USD 3 Million in fresh funding round from Redwood India Healthcare Fund.

5C Network enables users across India to store, create, and analyse radiology images. It facilitates hospitals in maximizing returns on their radiology infrastructure by providing access to radiologists, has raised USD 3 Million in fresh funding round from Redwood India Healthcare Fund.
15/04/2024

Clientell has raised USD 2.5 Million in Seed funding round led by Blume Ventures.

Clientell helps businesses improve revenue generation efficiency by introducing AI copilots to boost their GTM execution and optimize pipeline governance and forecasting, has raised USD 2.5 Million in Seed funding round led by Blume Ventures. The round also saw participation from Chiratae Ventures, Artha Venture Fund and Z5 Capital.
15/04/2024

ClaimBuddy has raised USD 5 Million in Series A funding round led by Bharat Innovation Fund.

ClaimBuddy streamlines the health insurance claim process for both patients and hospitals by utilizing technology and efficient operations to guarantee smooth and hassle-free claims, has raised USD 5 Million in Series A funding round led by Bharat Innovation Fund. The round also saw participation from Japanese fund CAC Capital, Chiratae […]
15/04/2024

JJG Aero has raised USD 12 Million in fresh funding round from CX Partners.

JJG Aero offers a wide range of manufacturing services, complemented by over 30 NADCAP-approved special processes, including electroplating, anodizing, paint, and NDT, has raised USD 12 Million in fresh funding round from CX Partners. The funds for increasing its manufacturing capacity at its new facility, vertical integration, and other corporate […]
12/04/2024

Naxnova has acquired Advanced Thermal Technologies.

Naxnova, which offers surface enhancement and technology solutions worldwide, has acquired Advanced Thermal Technologies, an innovator in thermal management solutions has expertise in developing ADAS Sensor and camera heating solutions, vehicle cabin solutions, battery heating solutions, and more serving various industries including automotive, aerospace, retail, and construction. The acquisition is […]
11/04/2024

Simactricals has raised INR 75 Lakh in funding through the SanchiConnect pre-seed cohort programme.

Simactricals is a provider of wireless charging solutions for electric vehicles including two-wheelers, three-wheelers, four-wheelers, warehouse bots, rovers, and drones, has raised INR 75 Lakh in funding through the SanchiConnect pre-seed cohort programme. In addition, it raised a total of 44 lakh in government grants.
11/04/2024

Garden of Joy has raised INR 84 Lakh in Seed funding round led by Inflection Point Ventures.

Garden of Joy offers customizable landscaping solutions, brings affordable beauty to everyday spaces like terraces and balconies with a focus on rejuvenation amid busy lifestyles, has raised INR 84 Lakh in Seed funding round led by Inflection Point Ventures. The funds will be used to expand operations in Bengaluru, expand […]
11/04/2024

goFlux has raised USD 6 Million in Series A funding round led by Capria Ventures.

goFlux is an AI and web based digital freight marketplace for good grains, has raised USD 6 Million in Series A funding round led by Capria Ventures. The round also saw participation from SP Ventures, The Yield Lab Latam, Blue Impact Global, Reflect Ventures, and Arrebol Capital.
11/04/2024

EyeMyEye has raised USD 2.5 Million in Pre-Series A funding round from RBA Finance & Investments, among others.

EyeMyEye offers a range of customized eyeglasses, sunglasses, and other eyewear-related products to consumers through its online and offline channels, has raised USD 2.5 Million in Pre-Series A funding round from RBA Finance & Investments, Ashish Ramesh Kacholia, and Sachin Shah.