Archive News

17/12/2021

Automated investing platform Stack raises USD 4.5 million from YCombinator, others

Automated investment application Stack, has raised USD4.5 million in its Seed funding round led by YCombinator, Harvard Management, Goodwater Capital, Soma Capital, Uncommon Capital and Earlsfield Capital. Other investors, including Magic Fund, Side Door Ventures, Dragon Capital, Emles Ventures, Grand Park Ventures, Chandaria Capital, Cleo Capital, AngelList, West Quad, and […]
17/12/2021

WeSkill raises over USD 400K in a pre-Seed funding round

Edtech platform WeSkill, under the parent company JAP Edutainment Pvt Ltd, has raised over USD 400,000 from angel investors and syndicates, as part of its pre-Seed round of funding led by Shrishti Sahu from Swadharma Source Ventures. WeSkill offers courses and workshops on extracurricular activities such as dance, music, arts […]
16/12/2021

SaaS startup for SMEs, TranZact raises USD 7 Million in Series A round

The SME tech startup TranZact, offering a SaaS-based digital transformation tool for SMEs, has raised USD 7 million in Series A round. The funding was led by San Francisco-based Tribe Capital with participation from Prime Venture Partners, Gemba Capital, and existing investor Kae Capital.
16/12/2021

Edtech startup Practically raises USD 5 Million from NB Ventures, Earlsfield Capital, others

Practically, a Hyderabad-based interactive and immersive learning app, has secured a strategic investment of USD 5 million. The investment round was led by NB Ventures, Earlsfield Capital, Almoe Group of Companies (UAE), and Ncubate Capital.
16/12/2021

Healthtech startup Pristyn Care becomes latest unicorn after raising USD 96 Million

Gurugram-based healthtech startup Pristyn Care, has raised USD 96 million in its Series E round led by marquee investors such as Sequoia Capital Tiger Global Management, Winter Capital, Epiq Capital, Hummingbird Ventures , and Trifecta Capital. The valuation of Pristyn Care has more than doubled in the last seven months […]
16/12/2021

JAM Fund, TA Venture, others back creator monetisation startup TagMango

TagMango Pvt Ltd, a Mumbai-based creator monetisation startup, has raised an undisclosed sum in a pre-Series A funding round from JAM Fund , Ankur Nagpal founder of Teachable, Soma Capital, TA Ventures and Belief Partners.
16/12/2021

Antler India backs protein foods brand Gladful

Gladful, an online protein foods brand focused on kids and families, has raised an undisclosed sum in pre-Seed funding from Antler India. The round also included Huddle Accelerator, Shiprocket via their programme RocketfuelXHuddle and other angel investors.
16/12/2021

Innovaccer raises USD 150 Million at a valuation of USD 3.2 Billion

Healthcare technology firm Innovaccer, has raised USD 150 million in a Series E funding round led by Mubadala Capital, more than doubling the valuation to USD 3.2 billion. The round also saw participation from existing investors B Capital Group, Microsoft’s M12 fund, OMERS Growth Equity, Dragoneer, Steadview Capital, Tiger Global […]
16/12/2021

Plix raises USD 5 million in series A funding from Guild Capital and RPSG Capital Ventures

Plant-based nutrition brand Plix has raised USD 5 million in Series A funding from Guild Capital and RPSG Capital Ventures. The company plans to utilise the funds to launch products in the nutraceuticals segment.
16/12/2021

G.O.A.T Brand Labs invests in kidswear brand Frangipani

Frangipani, a kidswear label has raised an undisclosed amount in a Series A round of funding from Bengaluru-based G.O.A.T Brand Labs, co-founded by Flipkart’s former fashion head.
16/12/2021

Uni raises USD 70 million led by General Catalyst at a valuation of USD 350 million

Uni, a fintech startup that offers users pay-later cards, has raised USD 70 million in Series A round led by General Catalyst, making this one of the largest Series A rounds in the Indian fintech space. The round also saw participation from Eight Roads Ventures, Elevation Capital, Arbor Ventures, and […]
16/12/2021

Varanium Capital marks the final close of fintech VC fund at INR 140 crore

Varanium Capital, a boutique asset management company, has marked the final close of its debut fintech-focused venture capital fund at INR 140 crore. It aims to back 14 to 18 startups in the space.
16/12/2021

Teachmint acquires course-selling platform Teachmore

Teachmint, an education infrastructure startup, on Wednesday announced the acquisition of Teachmore, a course-selling platform which enables teachers to sell educational products like online courses, live classes, quizzes and more, through their own apps and websites. The edtech companies did not disclose the deal value of this acquisition.
16/12/2021

Payment Gateway Startup Juspay Bags USD 60 Million Funding From SoftBank, Existing Investors

Bengaluru-based payments gateway platform Juspay, has raised USD 60 Mn in its Series C round of funding. The fresh round of funding was led by SoftBank Vision Fund II with participation from existing investors VEF and Wellington Management. Juspay offers a technology platform that unifies payment gateways to give merchants […]
15/12/2021

Nestasia bags USD 4 million funding led by Stellaris Venture Partners

Online home decor and lifestyle brand Nestasia, has raised USD 4 million in its Series A round, led by Stellaris Venture Partners. The round also saw participation from angel investors who are part of the Stellaris Founder Network.
15/12/2021

Blockchain tech startup ASQI raises USD 1 million in pre-series A funding

Blockchain technology startup ASQI, has raised USD 1 million in a pre-series A funding round led by Founders Room Capital. ASQI envisions bringing blockchain into mainstream finance, and is building a public blockchain called Newrl.
15/12/2021

Logistics startup Enmovil raises INR 10 crore in pre-Series A funding

Enmovil Solutions, a logistics tech startup in Hyderabad, has raised INR 10 crore in pre-Series A funding round led by Anicut Angel Fund. The round also saw participation from KCT Group, Blackbird Investments, and RB Investments.
15/12/2021

Hoopr closes USD 1.5 million in seed round

Music licensing marketplace Hoopr, that allows video creators and businesses to license royalty-free music for their videos, ads and films, has raised USD 1.5 Million in a seed funding round led by 9Unicorns and Venture Catalysts. The round also saw participation from Inflection Point Ventures and 91Ventures.
15/12/2021

Healthcare SaaS Startup Spry Raises USD 3 Million For India Expansion, Foray Into US Market

Communication and assessment SaaS-based platform for movement health industry, Spry has raised $3 Mn in a seed funding round led by venture capital fund Together Fund. Other participants in the seed round included FJ Labs, Pareto, Knowledge Capital, AngelList, Whiteboard Capital, founders healthcare SaaS company Innovaccer, and C-suite executives from […]
15/12/2021

MasterChow Raises INR 3.5 Crore In Seed Funding

MasterChow, a ready-to-cook Asian cuisine brand, has raised INR 3.5 crore in a Seed round led by WEH Ventures with the participation of angel investors. The brand currently offers 3 main categories sauces, condiments and Asian noodle range.
15/12/2021

InsurTech startup OneAssure raises funds from Upsparks, Nu Ventures, others

Insurtech start-up OneAssure, has raised INR 5 crore in a pre-seed funding round from a host of angel investors and micro seed funds Upsparks, Nu Ventures among others. OneAssure’s platform is an insurance marketplace selling health insurance and other related services.
15/12/2021

Klub raises INR 200 crore for its revenue-based fund Aceler8

Revenue-based financing platform Klub has marked the first close of its revenue-based financing fund-Aceler8 at INR 200 crore. The fund plans to deploy the entire corpus of INR 200 crore in SaaS and consumer companies. The fund is looking to invest capital ranging from INR 50 lakh to INR 20 […]
15/12/2021

Edtech startup Gurucool scoops pre-seed funding

Delhi-based edtech startup Gurucool, has raised USD 150,000 in a Pre-Seed round led by angel investor Parvez Jasani, chief executive officer of Zulie Venture Inc, and startup incubator FreeFlow Venture Builders. Gurucool is empowering educators like schools and colleges to go online and build their digital infrastructure which enables learners […]
15/12/2021

Norwest Venture Partners closes new USD 3 billion fund NVP XVI

Norwest Venture Partners, a global venture capital and growth equity investment firm, has raised its latest USD 3 billion fund, Norwest Venture Partners XVI, LP. NVP XVI brings the firm’s total capital under management to USD 12.5 billion.
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