Archive News


Propsoch raises funding From Godrej’s CXO for Brand Building

Proptech startup Propsoch has secured undisclosed angel funding from Godrej Properties’ chief and Bhaskar Bhat, former managing director at Titan Company. The Bengaluru-based firm plans to use the fresh funding for brand building, key hires and scaling up the technology.

India’s Sudo Foods Raises Seed Funding From Prominent Lineup of Investors

Direct-to-consumer plant-based meat brand Sudo Foods has raised undisclosed seed funding from Java Capital and Betaplus Capital. The round also saw participation from angel investors including Ravi Saxena (Wonderchef), Deep Bajaj (Sirona) and Ajay Garg (Equirus), among others.

Rapido CEO, Unicorn India Ventures invest in social commerce startup Windo

Software-as-a-service platform Windo has raised USD 1.5 Million in pre-Series A funding round, led by Unicorn India Ventures. The round also saw participation from a clutch of prominent angel investors and family offices including Capri Global, Aravind Sanka (Rapido) and K Ganesh (Portea), among others.

NFT startup Artfi raises funding from a member of Sharjah’s ruling family, others

Artfi, a non-fungible token (NFT) focused startup has raised USD 3.26 Million from a clutch of investors including Sheikha Hend Al Qassemi, a member of the ruling family of Sharjah, and Raza Beig, director of Landmark Group, UAE.

ChefKart snags seed funding from Blume Ventures, others

Gurugram-based cooking service platform ChefKart has secured seed funding of USD 2 million co-led by Blume Ventures and Pravega Ventures. The round also saw participation from Deepinder Goyal (founder and chief executive officer at Zomato), Kunal Shah (founder of Cred), Titan Capital, Tremis Capital and LetsVenture, among other angel investors.

Emami Acquires 30% Stake In Pet Care Startup Cannis Lupus

Personal care brand Emami has picked up a 30% stake in pet care startup Cannis Lupus in an all-cash deal. The acquisition could be attributed to Emami’s larger strategy of targeting the new-age D2C commerce and to make a splash in the nascent pet care space.

Edtech Unicorn upGrad Acquires Harappa Education For USD 38 Million To Focus On Enterprisetech Segment

Edtech unicorn upGrad has acquired Harappa Education for USD 38 Million in a mix of cash and share-swap deal. As a part of the deal, Harappa’s founders–Pramath Raj Sinha and Shreyasi Singh along with its stakeholders will join upGrad’s cap table.

Ankur Capital bets on agri-genomics platform Piatrika

Agrigenomics startup, Piatrika Biosystems has secured seed funding of USD 1.2 Million led by Ankur Capital. The company plans to use the fresh funds to scale its product development team and commercialization of its minimum viable product (MVP).

Tube lnvestments Acquires Majority Stake In Heavy Duty EV Startup IPLTech

Murugappa Group engineering company Tube investments of India has acquired a majority stake in InfraPrime Logistics Technologies (IPLTech), a heavy-duty electric vehicle (EV) manufacturing startup, through its wholly owned subsidiary TI Clean Mobility.

Watertech Startup DrinkPrime Raises INR 60 Cr In Debt & Equity To Scale Up Operations

Bengaluru-based water purifier startup DrinkPrime has raised INR 60 Cr in a mix of debt and equity as part of its series A funding round led by Omidyar, Surge and 9Unicorns. The round also saw participation from Aureolis Ventures, Kwaish Ventures, ZNL Growth Fund, and Unitus Capital.

Edtech Startup Creative Galileo Raises USD 7.5 Million To Offer Vernacular Learning Programs, Foray In SEA Market

Edtech startup Creative Galileo has raised USD 7.5 Million in its Series A funding round from Kalaari Capital, Affirma Capital, East Ventures, Valiant Employee Investment Fund, and a slew of other angel investors. Creative Galileo will use the fresh capital to scale its business, accelerate hiring across teams

Amazon Smbhav Venture, Fireside lead Series A round in Fitterfly

Fitterfly Healthtech has raised USD 12 Million in a Series A funding round led by Amazon Smbhav Venture Fund and Fireside Ventures. The fresh funds will be used to expand Diabefly’s reach, which is their digital therapeutics program to prevent, manage and reverse diabetes

Tiger Global backed-M2P Fintech marks 3rd acquisition in 2022

Payments infrastructure platform M2P Fintech has acquired identity verification service provider Syntizen, in its third acquisition this year. The deal was valued at USD 10-12 Million. The acquisition will bolster M2P Fintech’s approach to providing a comprehensive platform for financial institutions

Infrastructure automation platform Adaptive raises pre seed funding round

Infrastructure automation company Adaptive has raised undisclosed seed capital from Antler India, Pareto Holdings, Adept Ventures, Hustle Fund, and Haresh Chawla (partner at True North). The platform will use the fresh money to hire talent and build products.

We Founder Circle Leads USD 400,000 Seed Round For Seekho

Edutainment startup Seekho has secured USD 400,000 as a part of its seed funding round led by We Founder Circle. The round also saw participation from SucSEED Innovation Fund, with Toppr’s Co-founder Hemanth Goteti and other executives.

IITians led train ticket booking startup Trainman raises USD 1 Million in funding

Gurugram-based online train ticket booking platform Trainman has marked the closure of its seed round after raising USD 1 Million from Goodwater Capital, Hem Angels, and others. The round also saw the participation of angel investors including Justin Hamilton and Ivy Growth Associates.

Geekster raises USD 1.3 Million in pre-series A round, aims to expand team

Edtech platform Geekster has secured pre-Series A funding of USD 1.3 Million led by Inflection Point Ventures, with participation from Japan-based publishing firm MyNavi Corporation. The round also saw participation from existing investors We Founder Circle and ah! Ventures.

Brighton Park invests USD 20 Million in automation platform AppView X

Network infrastructure management company AppViewX has raised a Series B funding of USD 20 Million from existing investor Brighton Park Capital. The company plans to use the fresh funds to scale its market operations, product development and overall revenue growth strategies.

LetsVenture’s Shanti Mohan launches micro-VC fund

Investment platform LetsVenture’s co-founder Shanti Mohan has launched an INR 50 Cr micro venture fund to invest in early-stage startups. The fund Propell is aiming to deploy in a total of 30 startups across sectors like e-commerce, fintech, SaaS and D2C

Burger Singh raises INR 30 Cr in Series A funding led by Negen Capital

Burger chain Burger Singh has secured INR 30 Cr as a part of its Series A funding round led by Negen Capital with participation from LetsVenture, Mumbai Angels, Old World Hospitality and Jasleen Royal. The round also saw participation from existing investors RB Investments, Rukam, KCT FO and VM Salgaocar […]

Info Edge backs agritech startup Growcoms

Kerala-based agritech startup Growcoms has raised pre-series A funding of USD 1 Million led by pure-play internet company Info Edge. The company plans to use the fresh funds to scale up its tech platform and expand its market reach.

Edtech Creative Galileo snags fresh funding from Kalaari, others

Edtech platform Creative Galileo Edtech has raised USD 7.5 Million in a Series A funding round from Kalaari Capital, Affirma Capital, East Ventures, Valiant Employee Investment Fund and angel investors. The startup will use the fresh capital to hire and strengthen its research and development platform

Inflection Point backs health food startup The Healthy Company

Nutritional food brand, The Healthy Company has secured undisclosed capital in a pre-Series A funding round led by Inflection Point Ventures. The startup plans to deploy the fresh money for marketing, research, and development as well as expansion of channels

Neobanking Startup Niyo Raises USD 30 Million For Brand Building, Expanding Product Suite

Neobanking startup Niyo has raised USD 30 Million in its latest funding round from Multiples Alternate Asset Management. Niyo will use the fresh capital to expand product capabilities and widen its customer base. It will further use funds for brand building and bolstering its team across divisions