Archive News

29/07/2022

Summit Partners invests in revenue management platform PriceLabs

PriceLabs Inc, a platform that provides pricing and revenue management solutions has raised USD 30 Million as a part of its Series A funding round from global alternative investment firm, Summit Partners.
29/07/2022

Jai Kisan snags USD 50 Million in first close of Series B at USD 200-240 Million valn

Rural fintech startup Jai Kisan has raised USD 50 Million in a mix of equity and debt in the first close of its ongoing Series B funding round. The round was raised at a valuation of USD 200-240 Million
29/07/2022

Medical Apparel Brand KNYA Med Raises Seed Funding Led By DSG

Online medical apparel firm Knya Med has raised an undisclosed capital in a seed round led by DSG with participation from the promoter families of Narayana Health and Cipla Health. The startup will deploy the fresh proceeds for product R&D, hiring and branding and marketing
29/07/2022

FinTech Firm Spare8 raises USD 770 K round led by 2am VC

Mumbai-based micro-investment platform Spare8 has secured pre-seed funding of USD 770,000 led by 2am VC and also saw participation from Broom Ventures, Incisive Ventures, Varanium Capital and Magic Fund, with marquee angel investors including Ajay Adiseshan , Anoop Mathur etc
28/07/2022

OfBusiness Invests USD 2.5 Million In Construction Management Startup Tracecost To Drive Digital Adoption

Building material-focused B2B ecommerce platform OfBusiness has reportedly made a strategic investment of USD 2.5 Million in construction management startup Tracecost. The contours of the deal were not immediately clear.
28/07/2022

Threado Raises USD 3.1 Million Seed Funding To Help Businesses Manage Online Communities

Community management platform Threado has raised USD 3.1 Million in a seed funding round led by Vertex Ventures Southeast Asia & India, with participation from other institutional investors such as Gemba Capital, Speciale Invest, and PointOne Capital.
28/07/2022

Hyperlocal Startup ChattyBao Raises USD 5 Million To Bring Kiranas Online Through WhatsApp

Delhi-based hyperlocal startup ChattyBao has raised over USD 5 Million in its seed funding round led by Vertex Ventures Southeast Asia & India and Info Edge Ventures. 7Square Ventures and a slew of angel investors also participated in the funding round.
28/07/2022

Child, maternity products marketplace Nestery raises Rs 6 Cr in funding

Maternity and children’s products startup, The Nestery has raised over INR 6 Cr as a part of its pre-Series A funding led by Inflection Point Ventures. The Company will use the fresh capital for team expansion, strengthen technology and producing original content.
28/07/2022

Food startup GetSupp raises INR 9.5 Cr in funding led by General Catalyst, Better Capital

Artificial intelligence-backed nutrition platform GetSupp has raised INR 9.5 Cr in seed funding led by General Catalyst and Better Capital. The round also saw participation from marquee angel investors including We Founders Circle, Saurabh Garg (NoBroker founder), Ankit Nagori (Curefoods founder), Kunal Shah (Cred founder), Rohit Kapoor (global chief marketing […]
28/07/2022

Zyla Health raises funds from Canara Bank’s venture fund arm, others

Canbank Venture Capital Fund has invested USD 1 Million in personalized healthcare management platform, Zyla Health Pvt. Ltd. The pre-Series A round also saw participation from Seeders and other angel investors.
27/07/2022

Bollywood Actress Shilpa Shetty Invests In D2C Nutraceutical Brands-Fast&Up, Chicnutrix

Bollywood actress Shilpa Shetty has made an undisclosed investment in D2C nutraceutical brands-Fast&Up and Chicnutrix. As part of the deal, Shetty has also joined these brands as a brand ambassador and will work towards strengthening and promoting health and self-care in India.
27/07/2022

Home Furnishing Startup Wify Raises Funding; Aims To Onboard 100K Blue-Collar Workers

Home furnishing startup Wify has raised USD 2 Million in its Pre-Series A funding round led by Blume Founders Fund and Unitus Ventures. Singularity Ventures and HePo NL also participated in the funding round.
27/07/2022

Crypto investment platform Crypso bags funding from Cred’s Kunal Shah, others

Community-led crypto investing platform, Crypso has raised USD 3 Million from Hashed Emergent, Athera Venture, Better Capital and Whiteboard Capital. The round also saw participation from Polygon founders Sandeep Nailwal and Jaynti Kanani, Kunal Shah and other angel investors
27/07/2022

Travel startup Spotnana snags USD 75 Million in Series B; valn jumps ‘several fold’

Travel tech startup Spotnana has raised USD 75 Million in a Series B round, led by Durable Capital Partners LP, founders Sarosh Waghmar and Shikhar Agarwal. Existing investors Madrona Venture Group, Iconiq Growth, Mubadala Capital and Blank Ventures also participated in the round.
27/07/2022

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.
27/07/2022

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.
27/07/2022

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.
27/07/2022

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.
25/07/2022

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.
22/07/2022

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.
22/07/2022

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.
22/07/2022

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).
21/07/2022

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.
21/07/2022

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.
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