Archive News

13/10/2021

D2C Fresh Produce Delivery Startup Fraazo raises USD 50 million from WestBridge, others

Fraazo, a direct-to-consumer brand in the fresh vegetables and fruits category, has raised USD 50 million in a funding round led by WestBridge Capital. Existing investors Sixth Sense Ventures, Equanimity Investments, Apar Group participated in the fundraising.
13/10/2021

FloCareer raises USD 5.7 million from Data Point Capital, others

FloCareer, a business-to-business startup that is ‘Uberizing’ white and grey collar job interviews, has raised USD 5.7 million in a funding round led by Boston-based Data Point Capital with the participation of Uncorrelated Ventures and Orios Venture Partners. The video interviewing platform, which allows its enterprise customers to outsource technical […]
13/10/2021

Hubilo raises USD 125 million in round led by Alkeon Capital

Virtual and hybrid events platform Hubilo, has raised USD 125 million in funding, led by Alkeon Capital. Lightspeed Venture Partners and Balderton Capital also participated in the round.
13/10/2021

Interactive media platform Crater raises USD 700k

Crater, an interactive media platform, has raised USD 700,000 in seed funding from LC Nueva AIF, Director of TransContinental Venture Fund, as well as few angel investors.
13/10/2021

Fintech startup Niro raises USD 3.5 Million led by Elevar Equity

Fintech startup Niro, has raised USD 3.5 million in a seed round led by Elevar Equity. The round also saw participation from multiple angel investors, including CRED’s Kunal Shah, Bala Parthasarthy, Prime Ventures Managing Partner Nitin Gupta, and the Patni Family office. Niro will provide embedded credit products to consumer […]
13/10/2021

CarDekho enters unicorn club with USD 250 million funding led by Leapfrog Investments

Girnar Software Pvt. Ltd. which operates online portal for new and used cars CarDekho, has raised USD 250 million as a part of its latest Series E fundraise at a valuation of approximately USD 1.2 billion led by Leapfrog Investments. US-based Canyon Partners, Harbor Spring Capital, Mirae Asset, Franklin Templeton […]
13/10/2021

Yobee Raises Seed Round From Angel Investors

Mumbai-based Yobee, a fintech startup focusing on the stock market, has raised an undisclosed amount in a new financing round. Yobee aims to simplify the life of traders by offering features like single-click execution of baskets, live monitoring with the ability to easily exit at any time.
13/10/2021

SaaS startup Easocare raises undisclosed Seed funding round

Mumbai-based health-tech startup Easocare has raised an undisclosed amount in Seed investment from a clutch of angel investors. Easocare launched their flagship platform – Easocare for Pharmacy which is an online platform that allows a retail medical store to commence its online pharmacy website.
13/10/2021

Edtech startup Creative Galileo raises USD 2.5 million in round led by Kalaari Capital

Edtech startup Creative Galileo, has raised USD 2.5 million in a funding round led by Kalaari Capital Partners. Kalaari Capital has invested USD 2.1 million in the funding round. Angel investors such as Harish Bahl, Shashin Shah, Jinesh Patel, Atul Nishar, Ashwin Puri, and Giridhar Malpani also participated in the […]
13/10/2021

Neobank Open raises USD 100 million in Series C funding round led by Temasek

Small and medium enterprise-focused neo-bank, Open, has raised USD 100 million as a part of its Series C round led by Singapore-based Temasek. The round also saw participation from Google and Japan-based SBI Investment. Existing investors Tiger Global and 3one4 Capital also participated in the round.
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.
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