Archive News

20/10/2021

Full-stack mobility startup Automovill raises funds from AngelBay

Automovill, a full-stack mobility startup, has raised an undisclosed amount from AngelBay. The round saw participation from Santosh Chandra, chief executive at Essar Oil & Gas Exploration and Production, and executives from Google and PWC.
20/10/2021

Biotech startup Mestastop Solutions raises INR 1.3 Crore led by CIIE.CO

Biotechnology startup Mestastop Solutions Pvt Ltd, has raised seed funding of INR 1.3 crore led by CIIE.CO and including participation from IKP Knowledge Park and a few angels. Mestastop will use the funding to scale its AI-based platform METSCAN, which characterizes cancer cells using patient data samples and their assay […]
20/10/2021

Onato raises USD 2.2 million from Vertex Ventures, Omnivore, others

Agritech startup Onato, a data-driven B2B platform for fresh produce, has raised USD 2.2 million from investors to expand its business. This round was led by Vertex Ventures Southeast Asia and India with participation from Omnivore.
20/10/2021

Online furniture marketplace InnoDesigns raises INR 75 Crore from PAN Group

InnoDesigns, a new online furniture marketplace, has raised funding of INR 75 crore from the PAN Group. InnoDesigns aspires to disrupt the online furniture market by creating an innovative platform wherein customers can choose any furniture design that can further be built by various listed and rated carpenters, small & […]
20/10/2021

Devnagri raises USD 600K in seed round from Venture Catalyst, IPV, others

Devnagri, the Indian language translation engine with a focus on B2B, has raised USD 600,000 from Venture Catalysts, Inflection Point Ventures and HNIs.
20/10/2021

Edtech startup ConveGenius raises USD 5 Million to launch ConveGenius AI

Edtech startup ConveGenius has raised USD 5 Million in a funding round led by BAce Capital, Heritas Capital and 3Lines Venture Capital for expanding its product portfolio. The funding round also witnessed the participation of existing investor Michael and Susan Dell Foundation.
20/10/2021

NFT-focused gaming startup Totality Corp raises funds from Leo Capital and Mayfield

Totality Corp, a gaming startup with a focus on non-fungible tokens (NFTs) and Indian mythology, has raised INR 13.5 crore from Leo Capital and Mayfield Fund. Totality Corp. is building ZionVerse, a Metaverse platform based on Indian mythology that would combine monetary features with fantastic game-play.
20/10/2021

Vernacular edtech platform Vidyakul raises funds from Dholakia Ventures, angels

Vidyakul, a vernacular language-focused edtech platform, has raised an undisclosed amount in a financing round from Dholakia Ventures, an investment arm of Dholakia Family Office. Vidyakul is aimed at providing after-school e-learning for state board students in vernacular languages.
19/10/2021

Tech startup Numadic raises USD 2.5 Million from 9Unicorns and Venture Catalysts

Numadic, a tech startup that provides solutions in the vehicle mobility space, has raised USD 2.5 million in a pre-Series A funding round led by 9Unicorns and Venture Catalysts. This round also saw participation from the Chona Family Office and few angel investors. The funding was done at a valuation […]
19/10/2021

Aviom India Housing Finance raises USD 8 million in Series C funding from Sabre Partners

Aviom India Housing Finance, which provides secured home loans and loans against property in Tier-II and Tier-III towns, has raised USD 8 million in Series C funding from Sabre Partners. Ticket sizes for loans it provides typically range from INR 50,000 to INR 5 lakh with an average disbursement of […]
18/10/2021

AcknoLedger raises USD 1.53 Million in initial seed and private sales

Blockchain project AcknoLedger has raised $1.53 million in initial seed round and will be emerging from stealth mode later this month. The initial seed funding has come from more than 30 venture capitals such as Momentum 6, Basics Capital, Krypital Capital, Shima Capital, Magnus Capital, among others.
18/10/2021

Tala bags USD 145 million in Series E funding led by lending platform Upstart

Fintech company Tala, has raised USD 145 million in Series-E funding round, led by Upstart with participation from the Stellar Development Foundation. New investors Kindred Ventures and The J. Safra Group, along with existing investors including IVP, Revolution Growth, Lowercase Capital, and PayPal Ventures, also joined the round.
18/10/2021

Cloud-based platform SaaS Labs raises funds from Base10, Eight Roads Ventures

SaaS Labs, a cloud-based platform that builds productivity and business process automation software for enterprises, has raised USD 17 million in Series A funding, from Base 10 Partners and Eight Roads Ventures.
18/10/2021

Arrivae raises INR 50 crore in a funding round led by Rakesh Jhunjhunwala

Arrivae, a made-to-order furniture manufacturer and home improvement company, has raised INR 50 crore in an external round led by Rakesh Jhunjhunwala. The funding round also saw Enam family; Siddharth Yog founder of Xander Group, Anand Jain chairman of Jai Corp and others.
18/10/2021

Duroflex, Sleepyhead raise USD 60 million from Norwest

Bengaluru-based D2C mattress brand Sleepyhead’s parent Duroflex, has raised USD 60 million from Norwest Venture Partners. Duroflex is an omnichannel player in the mattress category and claims 33% of its revenue comes from ecommerce platforms.
14/10/2021

Insurtech startup GramCover raises USD 7 million in a Series A round

Insurtech marketplace focused on rural India GramCover, has raised $7 million in a Series A round co-led by Siana Capital and Inflexor Ventures in a Series A round.
14/10/2021

AI-driven SaaS startup Toch.ai raises close to USD 12 Million in Series A round

Toch.ai, an AI-driven SaaS platform, has raised USD 11.75 million of funding in a Series A round.The round was led by Moneta Ventures, Baring Private Equity India, Binny Bansal, Ventureast, 9Unicorns, Anthill Ventures, Cathexis Ventures, SOSV, Artesian, and Innoven Capital. Toch.ai uses AI technology to process video content including live […]
14/10/2021

NFT marketplace Colexion raises USD 8 mn, partners actor Sunil Shetty

Colexion, an NFT marketplace, has raised UDF 8 million in a new financing round that saw actor Sunil Shetty take part. The platform aims at building an ultimate platform for creators, collectors, and the celebrity community.
14/10/2021

Robotics edtech startup Wiingy raises USD 400K in angel round

Wiingy, robotics edtech startup, has raised USD 400K in an angel funding round from Aroa Ventures, Abhinav Sinha, Maninder Gulati, Kavikrut, Rohit Kapoor and others. Wiingy has launched robotics courses as its initial offering and is looking to launch artificial intelligence, wireless networking, coding, and physics in the coming months.
14/10/2021

D2C brand Nap Chief raises seed funding from Titan Capital and others

Nap Chief, a D2C brand focused on kid’s wear, has raised INR 2 crore in a seed funding round from Titan Capital and other angels from Angel List India. Nap Chief offers everyday clothing for kids with a range of character merchandise.
14/10/2021

B2B Supply Chain Startup AnKa SumMor closes INR 11.6 Crore in Pre-Series A led by Inflection Point Ventures

Plug, play sales and distribution platform AnKa SumMor, has raised INR 11.6 Crore in Pre-Series A funding round led by Inflection Point Ventures. Pratul Shroff from Waao Partners and Brijesh Agrawal, cofounder and director, IndiaMART, also participated in the round.
14/10/2021

Playto Labs raises over INR 4 Crore in a seed round led by Inflection Point Ventures

Edtech startup Playto Labs has raised over Rs 4 crore in a seed round led by Inflection Point Ventures. The round also saw individual participation from partners of the upcoming fund Disruptors Capital, including Krishna Kumar Founder of Simplilearn, Kunal Walia Founder of Simpliwork and others. Playto Labs has a […]
14/10/2021

D2C jewellery brand Melorra raises USD 24 million from 9Unicorns, Symphony, others

Melorra, a D2C brand focused on fine jewellery, has raised USD 24 million in a financing round from 9Unicorns, Symphony International Holdings Limited, Value Quest, Venture Catalysts, Param Capital, and family offices.
14/10/2021

Blockchain startup Arcana Network raises funds from Republic Crypto, others

Arcana Network, a blockchain startup focused on decentralised storage and data privacy platform, has raised USD 2.3 million in a financing round led by Republic Crypto and Woodstock Fund with participation from Digital Currency Group, Hyperedge, Sahil Lavingia’s shl.vc, Fenbushi Capital, LD Capital, and Paradigm Shift VC.
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