Archive News

13/04/2023

Alpha Wave-Backed VideoVerse Acquires Reely.AI

Software-as-a-services (SaaS) based video editing platform VideoVerse has acquired the US-based, AI-enabled content generation startup Reely.ai. Through this acquisition, VideoVerse seeks growth and wants to serve its customers better in the gaming and esports segment.
13/04/2023

BoldCap Collects USD 25 Million For Second Fund To Bet On SaaS Startups

Chennai-based venture capital firm BoldCap, invests in only pre-seed and seed rounds of Indian B2B SaaS startups catering to global clients, has raised USD 25 Million for its second fund to invest in early-stage business-to-business startups in the software-as-a-service domain. The fund will invest in about 15 to 20 startups […]
13/04/2023

Armour Heavy has raised INR 1.6 Cr as a part of its pre-seed round, led by India Accelerator.

Delhi-NCR based performance wear brand Armour Heavy, Manufacturer of fashion and lifestyle products intended to offer clothing items has raised INR 1.6 Cr as a part of its pre-seed round, led by India Accelerator.
12/04/2023

Aavishkaar Capital invests INR 16 Cr in INI Farms

Agritech startup INI Farms, an exporter of fruit and vegetable crops with large-scale pan-India operations has raised Rs 16 crore in its maiden funding round from ESG First Fund, managed by Aavishkaar Capital. The startup will use funds to grow multi-fold with expansion into the entire agriculture output business and […]
12/04/2023

Nysha Mobility Raises USD 3.5 Million For Manufacturing EV Components

EV components startup Nysha Mobility Tech (NMT), manufacture various types of components, interconnects, wires & cables for Automotive (Including EV vehicle), Telecom, Defence, Industrial and various other industries, has raised USD 3.5 Million in a combination of equity and debt funding. The seed funding round saw participation from investors such […]
12/04/2023

Deeptech Investor pi Ventures Bags INR 100 Cr To Back Early Stage Startups

Early-stage venture fund pi Ventures, which backs AI and deeptech startups, has received commitments of INR 100 Cr or 15% of the corpus from SIDBI-managed Fund of Funds for Startups (FFS). pi Ventures will utilise the funds to back Seed, Pre-Series A and Series A startups working in AI and […]
12/04/2023

SimpliContract Secures Funding To Offer Better Business Contract Management To Retail, Tech Cos

SaaS startup SimpliContract, a SaaS-based and AI-powered end-to-end enterprise contract lifecycle management platform has secured USD 3.5 Million in a Pre-Series A funding round led by Emergent Ventures. The round also saw participation from Kalaari Capital, Picus Capital, Foster Ventures, Leslie Ventures, and Sentinel Ventures.
12/04/2023

Walmart-owned PhonePe has raised another USD 100 Million from existing investor General Atlantic

Walmart-owned PhonePe, a Digital Wallet & Online Payment App that allows you to make instant Money Transfers with UPI has raised another USD 100 Million from existing investor General Atlantic. PhonePe will use the fresh funds to scale up its payments and insurance businesses, as well as new businesses such […]
12/04/2023

Oneistox Secures Funding From YC, Powerhouse To Upskill AEC Professionals

Upskilling startup Oneistox, offers professionals from the architecture, engineering, and construction (AEC) industry with tech-first skills has raised seed funding of USD 1.2 Millionn from Y Combinator, Powerhouse Ventures, and Soma Capital. The round also saw participation from Amit Ranjan, cofounder of SlideShare, and Deepak Menon, VP, Microsoft.
11/04/2023

EV startup Raptee receives INR 3.27 Cr in grants from ARAI

Electric vehicle motorcycle startup Raptee has secured a grant of INR 3.27 Cr from Automotive Research Association of India (ARAI). The grant was given Advance Mobility Transformation and Innovation Foundation (AMTIF). The company plans to utilise the raised funds for the development of the design and the motorcycles core high […]
11/04/2023

MPL’s Mayhem Studios Raises USD 20 Million From Sequoia India, Steadview

Mayhem Studios, the mobile game development arm of gaming unicorn MPL, has raised USD 20 Million in its Series A round led by Sequoia Capital India, with participation from Steadview Capital, Truecaller, and others. The startup plans to deploy the incoming funds to boost its capabilities and develop new games […]
11/04/2023

D2C Beauty Startup RAS Bags Funding To Strengthen Its Farm-To-Face Product Play

RAS, the Indian farm-to-face skincare and personal, D2C hygiene startup has raised USD 1.5 Million from Green Frontier Capital (GFC). The funding round also saw participation from its existing investors. RAS claims to be producing agro-based products for personal hygiene and beauty.
11/04/2023

Meme marketing platform Wldd has raised seed funding of USD 1.25 Million from Negen Capital.

Meme marketing platform Wldd, helps brands connect better to their audience with meme culture has raised seed funding of USD 1.25 Million from Negen Capital. The firm plans to use the fresh capital to scale up its growth.
11/04/2023

Workspace interior firm OfficeBanao has secured USD 6 Million from Lightspeed

Workspace interior firm OfficeBanao, a platform for designers, architects, contractors, office furniture, and material suppliers providing an entire array of commercial interiors has secured USD 6 Million from Lightspeed as part of seed funding exercise.
10/04/2023

KFintech acquires WebileApps

KFin Technologies Limited (KFintech), a provider of global investor and issuer solutions, has acquired 100% stake in WebileApps, a Hyderabad-based enterprise product development and design firm for an undisclosed amount. Post this investment, WebileApps will become a wholly-owned subsidiary of KFintech. The acquisition will integrate KFintech’s deep domain knowledge with […]
10/04/2023

Blockchain Startup Huddle01 Bags Funding To Build Decentralised Real-Time Communication Network

India and US-based video conferencing platform Huddle01, which is building a decentralized real-time communication (dRTC) network has raised USD 2.8 Million in a seed funding round from blockchain investment firm Hivemind. Other investors such as Temasek’s Web3 arm Superscrypt, M31 Capital, Protocol Labs, East Ventures, Longhash Ventures, Good News Ventures, […]
10/04/2023

Gurugram-based coworking aggregator platform Stylework has raised USD 2 Million as a part of its Series A1 funding round.

Gurugram-based coworking aggregator platform Stylework has raised USD 2 Million as a part of its Series A1 funding round. The round saw participation from a host of institutional investors including Capri Global Holdings and QI Ventures among others, with undisclosed family offices. Existing backers We Founder Circle, India Accelerator’s angel […]
10/04/2023

Celcius Completes Series A Round With Cheque From IvyCap Ventures

Celcius Logistics Solutions Pvt Ltd, which operates the cold chain marketplace Celcius has raised an undisclosed amount from IvyCap Ventures in Series A funding round. Celcius has completed its Series A funding round to take the total amount to INR 100 Cr.
10/04/2023

JSW’s B2B E-Commerce Arm Raises Series A Funding

JSW Group’s business-to-business (B2B) e-commerce arm, JSW One Platforms, the platform caters to manufacturing and construction industries, basically servicing the building material needs of industrial and construction MSMEs, has raised USD 25 Million in a Series A funding round from Japan’s Mitsui & Co.
06/04/2023

LAST9 RAISES USD 11 Million IN SERIES A ROUND LED BY SEQUOIA CAPITAL INDIA, BETTER CAPITAL

Last9, a software reliability platform that helps engineering and DevOps teams measure, track, and improve software reliability, has raised USD 11 Million in a Series A round led by Sequoia Capital India, with participation from co-investor Better Capital and angel investors.
06/04/2023

Imarticus Learning acquires HeroMindmine

Professional education firm Imarticus Learning – An edtech platform which offers industry-specific education, has acquired Hero Group platform Hero Mindmine for an undisclosed amount. The objective of the acquisition is to create a comprehensive and holistic sales excellence academy, providing end-to-end sales training solutions.
06/04/2023

Curefoods raises INR 300 Cr led by Binny Bansal’s Three State Capital

Cloud kitchen brand Curefoods, it provide food which can suit the palette of customers daily while keeping in mind their nutrition needs, has raised INR 300 Cr in an equity and debt round led by Binny Bansal’s fund Three State Capital. Three State Capital invested INR 240 Cr while the […]
05/04/2023

Healthtech Platform Dozee Bags USD 6 Million Funding From SBI, Prime Venture, Others

Healthtech startup Dozee has raised USD 6 Mn as part of its Series A2 funding round from existing investors Prime Venture Partners, 3one4 Capital, and YourNest VC. The funding round also saw participation from new backers such as State Bank of India, J&A Partners family office, and Dinesh Mody Ventures. […]
05/04/2023

Speciale Invest Launches INR 200 Cr Fund To Scale Up Investments In Portfolio Startups

Venture capital (VC) firm Speciale Invest announced the launch of an INR 200 Cr growth fund. The firm plans to close the fund in the next three to four months. Speciale Invest will deploy the new fund to invest in its portfolio startups. Called Speciale Invest Growth Fund I, the […]
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