Archive News

18/11/2021

Better Capital raises debut fund of USD 15.2 million

Venture firm Better Capital has raised its maiden fund of USD 15.2 million to scale its pre-seed and seed investment strategy backing early-stage startups. Plans to invest in 35-40 companies from this fund in the pre-seed and seed rounds across sectors with the median check size being USD 300K.
18/11/2021

Trifecta Capital raises USD 100 million in first close of its third venture debt fund

Trifecta Capital has raised INR 750 crore as part of its first close of its third venture debt fund, Trifecta Venture Debt Fund-III. Trifecta aims to deploy funds in as many as 75 startups seeking alternative sources of growth capital.
17/11/2021

Velocity.in bags USD 20 million in funding led by Peter Thiel’s Valar Ventures

Velocity.in, a revenue-based financing startup, has raised USD 20 million in a Series A funding round led by Peter Thiel’s Valar Ventures. Other investors who participated in the round include Presight Capital, Utsav Somani’s iSeed, Maninder Gulati and others.
17/11/2021

GoKwik raises INR 112 Crore in Series A investment led by Sequoia Capital India

Ecommerce enablement firm GoKwikhas, has raised Series A funding of INR 112 crore led by Sequoia Capital India. The round also saw participation from existing investors Matrix Partners India and RTP Global. GoKwik leverages artificial intelligence to solve merchant-first problems, including return to origin (RTO) and cash on delivery conversion […]
17/11/2021

Mensa turns unicorn within 6 months of inception with USD 135M Series B investment

The D2C house of brands startup Mensa Brandshas, has raised Series B funding of USD 135 million led by its existing investor Falcon Edge Capital, along with other existing investors like Accel, Norwest, and Tiger Global Management at a valuation of over a billion dollars. Prosus Ventures joined the fundraising […]
17/11/2021

Banking platform DGV raises USD 3.1 Million in pre-Series A from Info Edge Ventures and Omnivore

Digivriddhi Technologies Private Limited (DGV), a dairy industry-focussed neo-banking startup, has raised USD 3.1 million in pre-Series-A round from Info Edge Ventures and Omnivore. DGV is currently working with some of India’s leading co-operatives dairy unions and their respective milk co-operative societies and farmers, by providing them access to payments, […]
17/11/2021

Ratan Tata-backed startup Bombay Hemp raises USD 2 Million

Mumbai-based cannabis-focused medical research startup Bombay Hemp Company Pvt. Ltd, has raised USD 2 million from the family offices of Achin Kochar of the Vi-John Group and Riteesh Mohan Bakshi, Raghav Mohan Bakshi of RRB Energy Ltd.
17/11/2021

SaaS startup Toplyne raises USD 2.5 million from Surge, Together Fund, others

Software-as-a-service platform Toplyne, has raised USD 2.5 million in fresh funding from Sequoia Capital India’s accelerator program Surge, Together Fund, and angel investors from Canva, Freshworks, and Zoominfo. Toplyne is a SaaS platform that enables product-led growth (PLG) companies to increase their freemium user conversion rates.
17/11/2021

Digital cooking startup Cookd raises USD 600K in pre-Seed funding round

Chennai-based digital home-cooking start up Cookd, has raised USD 4.4 crore in a pre-seed funding round led by Konglo Ventures, Kerala Angel Network, and well-known angels from the food industry.
17/11/2021

GENLEAP raises INR 60 crore in seed funding

GENLEAP, a Gurugram-based startup that combines technology capabilities of HR and education segments, has raised INR 60 crore in a seed round of funding from a group of angel investors. GENLEAP is a DNA-based self-discovery, upskilling and employability platform. The startup’s proprietary assessments platform is based on the triangulation of […]
17/11/2021

NFT startup GuardianLink raises USD 12 million from Kalaari Capital, others

GuardianLink, an NFT ecosystem technology framework startup, has raised Series A funding of USD 12 million, led by Kalaari Capital and other private investor groups. Guardian Link enables blockchain commerce through its Omni Blockchain legitimacy protocol.
17/11/2021

Sixth Sense Ventures bets on kitchen appliances maker Wonderchef

Kitchen appliances maker Wonderchef Home Appliances Pvt Ltd, has raised INR 150 crore in a new round of funding led by consumer-focused venture capital firm Sixth Sense Ventures. FMCG major Godrej’s family office and Malpani Group are among other investors who participated in this round.
17/11/2021

Health-tech startup Clinikk raises USD 4 million in pre-Series A round from MassMutual Ventures, others

Clinikk, a Bengaluru-based insure-tech and health-tech startup has raised USD 4 million in a pre-Series A funding round led by MassMutual Ventures. The funding round also saw participation from Kunal Shah, founder, Cred, Rohit M A, co-founder and managing director, Cloudnine Hospitals, Anjali Bansal, founder, Avaana Capital and other individual […]
16/11/2021

EyeMyEye raises INR 20.5 Crore from angel investors and HNIs

EyeMyEye, an online platform for the eyewear market, raised INR 20.5 crore in funding from angel investors and high net-worth individuals (HNIs) in a pre-Series A round. The investors who participated in this round of funding include Indiamart co-founder Brijesh Agarwal, Raghav Gupta, MD for the Asia-Pacific Coursera, among others.
16/11/2021

Investcorp, Omidyar Network invest USD 17 Million in Wingreens Farms

Packaged food retailer Wingreens Farms, has raised USD 17 million in a round led by mid-market private equity investor Investcorp. Social impact-focused investment firm Omidyar Network India also participated in the round.
16/11/2021

Restaurant PoS Startup Petpooja Raises USD 4.5 Million Series B

Restaurant PoS startup Petpooja, has raised USD 4.5 Million in a Series B funding round led by Bhavish Aggarwal-led Aroa Ventures. GVFL, Udaan, Dr Mayur Desai and other angel investors participated in the round.
16/11/2021

StartPack rebrands as doola, raises USD 3 million from Nexus, others

StartPack, a New York-based firm that helps entrepreneurs set up shop in the US, has rebranded as doola and raised USD 3 million in a seed funding round led by Nexus Venture Partners. Other investors including YCombinator, Hustle Fund, Psion Capital, and Translink Investment.
16/11/2021

Bert Labs raises capital from Quick Heal founders, others

Bert Labs, an artificial intelligence company which uses Internet of Things to enable companies in improving energy efficiency, has raised USD 1 million from Katkar Family Office, Kailash Katkar and Sanjay Katkar, founders of Quick Heal Technologies.
16/11/2021

JITO Angel Network invests in microsensor-based startup Nanosniff Technologies

NanoSniff Technologies Pvt. Ltd, an IIT Bombay-incubated startup, has raised an undisclosed sum in the investment round led by JITO Angel Network. Nanosniff, developed by NanoSniff Technologies, can detect a variety of explosives like TNT, ammonium nitrate, and RDX in less than 10 seconds.
16/11/2021

Supply chain financing platform Credlix acquires fintech start-up NuPhi

Credlix, the digital supply chain financing platform from Moglix, has acquired trade financing focused fintech startup NuPhi for an undisclosed amount. NuPhi Technologies offers invoice factoring solutions to micro, small and medium enterprises (MSME) exporters in India and Southeast Asia.
15/11/2021

Edtech startup Valuationary raises USD 100K in Pre-Seed round

Edtech startup Valuationary has raised a pre-seed round of USD 100,000 from HNIs, such as Ashish Jain, Ex-India Head of Enfusion, Ajay Surana Ex-Director of Moody’s Analytics, Rachit Poddar, Rajesh Gupta, and Hetal Desai. The round also saw further participation from existing investor Marwari Catalysts Ventures.
15/11/2021

Edtech startup Coding Invaders by MentorsPro raises USD 700K in pre-seed round

Coding Invaders by MentorsPro, an education platform with mentorship that is working to make job-ready education available and approachable for students, has raised USD 700 000 in its pre-seed funding round from investors like S16VC and A Partners.
15/11/2021

Venture Capital Firm A91 Partners Closes Second Fund At USD 550 Million

Former Sequoia executives’ venture fund A91 Partners has closed its second fund at USD 550 Million. The venture capital firm plans to invest in 15 to 17 established Indian companies or those with a presence in the country in sectors like consumer goods and services, financial services, healthcare, and technology.
12/11/2021

Silicon Valley-based Cradlewise gets USD 7 million funding for India push

Silicon Valley and Bengaluru-based Cradlewise has raised USD 7 million in a seed funding round from venture capital firms Footwork, CRV, SOSV and Better Capital. Cradlewise manufactures smart cribs for babies that combine the features of a crib, a bassinet and a smart monitor.
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