Archive News

13/10/2021

Silk B2B startup ReshaMandi raises USD 30 million in funding

ReshaMandi, a business-to-business marketplace focused on silk products, has raised USD 30 million in Series A funding round in an equity and debt mix led by global alternative investment manager Creation Investments. The equity funding also saw participation from 9Unicorns, Venture Catalysts, Sandeep Singhal from Nexus Venture Partners, IndiaMART founder […]
13/10/2021

M2P Fintech raises USD 35 million in Series C round led by Tiger Global Management

M2p Solutions, which owns payments infrastructure platform M2P Fintech, has raised USD 35 million in a Series C round of funding led by Tiger Global Management. The round also saw participation from existing investors BEENEXT, Flourish Ventures, Omidyar Network India, 8i Ventures, Better Capital, and the DMI Group via its […]
13/10/2021

Biotech startup AUM Biosciences raises USD 27 million from Everlife and SGI

Biotech startup AUM Biosciences, has raised USD 27 million in a Series A funding round from Singapore-based private equity fund Everlife and SPRIM Global Investments(SGI), a health science-focused investment firm. AUM Biosciences focuses on discovering and developing novel targeted oncology therapies, particularly for cancers with a clear genetic marker.
12/10/2021

Unacademy’s Graphy acquires edtech startup Spayee for USD 25 million

Graphy, an Unacademy Group company, acquired edtech platform Spayee for USD 25 Million. Post the acquisition, Spayee will continue to operate independently. The acquisition will strengthen Graphy’s position in the creator ecosystem, while increasing its reach and enabling it to optimise its product offerings.
12/10/2021

Policybazaar subsidiary invests USD 7.5 million in Visit Health

Health tech startup Docprime, a subsidiary of Policybazaar parent PB Fintech, has invested USD 7.5 million in AI-driven telehealth and wellness platform Visit Health as part of its Series A funding round. Visit Health enables corporate employees to manage their healthcare needs on smartphones.
12/10/2021

Social commerce fintech startup EarnWealth raises USD 500K in Pre Series A

Pune-based EarnWealth, a social commerce fintech startup, has raised INR 3.5 crore in equity in Pre Series A funding round led by a few Pune-based angels at a valuation of INR 50 crore. EarnWealth started as a B2B distributor for financial products and added a social commerce component in 2020 […]
12/10/2021

Retail aggregator F5 raises INR 5 Crore in pre-Series A round led by Auxano Capital

F5, a D2C brand servicing daily workplace consumption, has raised INR 5 crore in pre-Series A round led by Auxano Capital and other investors, including Huddle, and Venture Catalyst. The company is focused on building a hyper-local ecosystem around the daily workplace needs of the consumer.
12/10/2021

Edtech startup ForeignAdmits raises funds from Unicorn India Ventures, others

ForeignAdmits, a Bengaluru-based edtech startup, has raised Rs 3.5 crore in a seed funding round led by Unicorn India Ventures. The round also saw participation from Singapore based RiDiK Technology and few angel investors. ForeignAdmits provides study abroad guidance to aspirants, using a data-backed counseling process and guided peer-to-peer mentorship […]
12/10/2021

Cross-border payments platform SALT raises USD 500K in Pre-Seed round

SALT, a cross-border payments platform, has raised USD 500,000 in its pre-seed round from a clutch of angel investors such as Prashant Pansare, Amit Goel, Vishrut Bubna, Supermorpheus along with founders from various startups such as IIMJOBS, Cashoverflow, Orange Health, Cloudnine Hospitals, and others. SALT, currently provides people with inward […]
12/10/2021

Women-focused platform leap.club bags funding from Enzia, Kunal Shah, others

Gurugram-based leap.club, a community-led professional network for women, has raised USD 810,000 in a pre-Series A round led by Enzia Ventures, Kunal Shah, and its users. Existing investors Whiteboard Capital, Titan Capital and Artha India Ventures also participated.
11/10/2021

Log 9 Materials raises USD 2 Million from Petronas Ventures

Advanced battery-tech startup Log 9 Materials, has raised USD 2 million in a funding round from Malaysia-based global energy and solutions company Petronas’ venture capital arm Petronas Ventures. Log 9 has integrated its fast-charging RapidX batteries with various two and three-wheeler OEMs to create RapidEV variants of their existing vehicles.
11/10/2021

Robotics start-up Ishitva raises over USD 1 million in Pre-Series A led by Inflection Point Ventures

Ahmedabad-based robotic startup Ishitva, has raised a Pre-Series A round of over USD 1 million led by Inflection Point Ventures, an angel investment platform. Ishitva Robotic Systems is an OEM operating in the space of dry waste sorting technology.
11/10/2021

Office furniture brand Transteel raises INR 4 Crore through Klub

Transteel, a D2C brand for office furniture targeted at SMEs and middle-market companies, has received growth capital of INR 4 crore from investors, including a revenue-based financing player, Klub.
11/10/2021

Social platform Chingari taps into Solana’s blockchain with USD 19 Million financing round

Chingari, a short-video sharing platform, has raised USD 19 million in crypto tokens from over two dozen venture funds and individuals, including RepublicCrypto, Solana Capital and Kraken, a US-based cryptocurrency exchange.
08/10/2021

Twin Health raises USD 140 million to scale its Whole Body Digital Twin technology

Healthtech startup, Twin Health, has raised USD 140 million in Series C funding from Sequoia Capital India, ICONIQ Capital, Perceptive Advisors, Corner Ventures, LTS Investments, Helena and Sofina. Twin Health developed a precision health platform, Whole Body Digital Twin, to help people reverse and prevent chronic metabolic diseases while improving […]
08/10/2021

Stader Labs raises USD 4 million in round led by Pantera Capital

Stader Labs, a cryptocurrency staking management platform, has raised USD 4 million in a seed round, led by Pantera Capital. Coinbase Ventures, True Ventures, Jump Capital, and Ledgerprime also participated in the round.
08/10/2021

Rebel Foods enters unicorn club after raising USD 175 Million at USD 1.4 Billion valuation

Cloud kitchen startup Rebel Foods has raised USD 175 million Series F funding round led by Qatar Investment Authority, with participation from existing investors Coatue and Evolvence, at a valuation of USD 1.4 billion.
08/10/2021

Delhi-based mHealth raises seed investment in a round led by India Accelerator

Delhi-based health and wellness startup mHealth, raised an undisclosed amount in its seed funding round led by India Accelerator. mHealth offers an artificial intelligence-powered community-based employee wellness platform to corporates.
08/10/2021

Adtech Startup Profitwheel Raised USD 3 Million From Netcore Cloud, Angel Investors

Mumbai-based adtech startup Profitwheel, has raised USD 3 Million in a seed funding round led by Netcore Cloud. Angel investors like Vallabh Bhansali of Enam Group, KRS Jamwal of Tata Group, Dinesh Agarwal from Indiamart, and others also participated in the round.
08/10/2021

Sunfox Technologies Raises Seed Funding From Venture Catalysts And Others

Sunfox Technologies, a med-tech startup focusing on R&D lab building cardiac diagnosis equipment, raised an undisclosed amount in a financing round from Venture Catalysts, Mumbai Angels, and Villgro.
08/10/2021

Artisanal ice cream brand Cold Love raises INR 2.5 Crore angel round

Cold Love ice cream brand, has raised INR 2.5 crore in angel funding across two rounds. The round saw participation from Tarun Sawhney, Vice chairman and MD of Triveni Engineering & Industries Ltd, and Samir Sood, founder of Venture Highway.
07/10/2021

Geospatial SaaS startup Attentive raises pre-Series A led by Info Edge Ventures

Attentive, an early-stage B2B SaaS startup, has raised funding in a round led by Info Edge Ventures. The primary and secondary transactions together saw the investors investing over USD 2 million in the company. Redstart Labs, Pavitar Singh CTO of Sprinklr, Abhishek Khurana SVP Product Engineering of Sprinklr, and five […]
07/10/2021

Employee benefits and insurtech platform Pazcare raises USD 3.5 Million in seed round

Bengaluru-based employee benefits and insurtech platform PazCare, has raised USD 3.5 million as part of its seed round, led by BEENEXT, along with 3one4 Capital, and other investors. Pazcare enables real-time management of employee benefits and streamlines them in one place.
07/10/2021

CPaaS Startup Ozonetel Raises USD 5 Million Funding To Expand US Operations

Ozonetel, a cloud communication service provider, has raised USD 5 million in a Series A funding round from Stakeboat Capital. Ozonetel provides technical infrastructure and software solutions for call centres and omnichannel customer communication.
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