Archive News

16/03/2023

Direct-to-consumer (D2C) lifestyle brand Zouk has raised USD 3 Million in a Series A

Direct-to-consumer (D2C) lifestyle brand Zouk has raised USD 3 Million in a Series A funding round led by existing investor Stellaris Venture Partners. The round also saw participation from Sharrp Ventures, JJ Family Office, Dilip Khandelwal (Deutsche Bank India), Manoj Meena (Atomberg), Vineeta Singh and Kaushik Mukherjee (Sugar Cosmetics) among […]
16/03/2023

Aerem has raised USD 5 Million in pre-Series A funding round led by Avaana Capital

Climatetech startup Aerem, helps micro, small, and medium enterprises (MSMEs) to set up solar ecosystems, has raised USD 5 Million in pre-Series A funding round led by Avaana Capital, with participation from Blume Ventures. Aerem will utilize these funds to expand its suite of innovative solartech and financing solutions to […]
15/03/2023

Lightspeed, Chiratae-Backed HealthPlix Closes Series C Round

HealthPlix Technologies Pvt Ltd, which runs an artificial intelligence-based medical records platform, has marked the final close of its Series C funding round at USD 22 Million. The round was led by Avataar Venture Partners, with participation from SIG Venture Capital and existing investors including Lightspeed, JSW Ventures, Kalaari Capital […]
15/03/2023

One Impression has secured Series A funding of USD 10 Million from South Korea-based gaming company Krafton

Influencer marketing platform, One Impression has secured Series A funding of USD 10 Million from South Korea-based gaming company Krafton. The Gurugram-based startup will deploy the fresh proceeds for product development and geographical expansion.
15/03/2023

Online gaming startup BuyStars has raised USD 5 Million in its pre-Series A

Online gaming startup BuyStars has raised USD 5 Million in its pre-Series A funding round led by Lumikai, with participation from existing investors Chiratae Ventures and Leo Capital. The startup, operated by Arkimy Technologies Private Limited, will use the fresh money for launching new games on its platform and hiring.
15/03/2023

Gynoveda has secured USD 10 Million in a Series A funding round led by India Alternatives Fund.

Ayurveda-based women’s healthcare startup Gynoveda has secured USD 10 Million in a Series A funding round led by India Alternatives Fund. The round also saw participation from Wipro Enterprises, RPG Ventures, Dharampal Satyapal Ltd and Alteria Capital, with existing investor Fireside Ventures. The Mumbai-based startup will use the fresh funds […]
15/03/2023

Yellow Metal has raised USD 3 Million as a part of its seed funding round led by MSA Novo

Gold loan provider Yellow Metal has raised USD 3 Million as a part of its seed funding round led by MSA Novo, with participation from Spiral Ventures and existing investors WaterBridge Ventures and Java Capital. The firm will use the fresh capital to expand its technology team operations and boosting […]
15/03/2023

Optimized Electrotech has secured USD 2.4 Million in a pre-Series B funding round led by the Rajiv Dadlani Group.

Deeptech and defence tech startup Optimized Electrotech has secured USD 2.4 Million in a pre-Series B funding round led by the Rajiv Dadlani Group. The round also saw participation from Equanimity Investments and Venture Catalysts along with family offices and high net worth (HNI) investors. The Ahmedabad-based startup plans to […]
14/03/2023

Rockstud Capital Sets Up INR 300 Cr Angel Fund To Back 25 Indian Startups

Asset management firm Rockstud Capital launched an INR 300 Cr second fund to back pre-Series A and Series A-stage startups. The angel fund will invest between INR 1 Cr and INR 10 Cr in 25 startups in the digitalisation, sustainability, financial inclusion, consumption, and health sectors.
14/03/2023

Insurtech Startup Vitraya Bags Funding To Upgrade Technology For Healthcare Segment

Insurtech startup Vitraya has received USD 4.1 Million equity investment in a Series A funding round from AI-based insurance solutions provider Xceedance. Vitraya will use the proceeds to enhance its AI and blockchain technologies for healthcare insurance.
14/03/2023

Tech recruitment platform Coffeee.io has raised an undisclosed amount in its pre-seed round

Tech recruitment platform Coffeee.io has raised an undisclosed amount in its pre-seed round from Riverwalk Holdings. The Gurugram-based startup will deploy the fresh proceeds for geographical expansion.
14/03/2023

LifeSigns has raised an undisclosed amount in a pre-Series A

LS Devices Pvt. Ltd, which operates healthtech startup LifeSigns, has raised an undisclosed amount in a pre-Series A funding round from Chennai-based pathologist SP Ganesan. The startup will use the proceed to work more on technology and human resource to improve the user experience, bring efficiency in clinical data delivery, […]
14/03/2023

Jumbotail Technologies Pvt Ltd has raised USD 9.1 Million in a debt funding round

Jumbotail Technologies Pvt Ltd has raised USD 9.1 Million in a debt funding round from Alteria Capital and Innoven Capital. The startup will use the fresh funds to develop its technology stack, grow net revenues by 100%, and hit operational profitability in next one year.
13/03/2023

Intercity trucking marketplace Raaho has secured USD 2.4 Million in an extended pre-Series A funding round

Intercity trucking marketplace Raaho has secured USD 2.4 Million in an extended pre-Series A funding round, taking the total capital raised in the round to USD 3.8 Million till date. The fundraise was led by existing investor Inflection Point Ventures, with participation from Roots Ventures and Blume founders’ fund. A […]
13/03/2023

The Ayurveda Co raises USD 12.2 Million in Series A round led by Sixth Sense Ventures

Ayurvedic D2C brand The Ayurveda Co has raised Series A funding of USD 12.2 Million led by Sixth Sense Ventures. The round also saw participation from actor Kajal Agarwal, with a host of startup founders and venture debt funds. The Gurugram-based company will use the fresh funds to expand its […]
13/03/2023

ValPro in the News: Amid setbacks, GQG brings much-needed near-term relief to Adani conglomerate

GQG Partner’s 15,446 crore bet on four Adani stocks seems to have brought much-needed near-term relief for the port-to-conglomerate as share prices Group companies recouped after falling up to 80% and there seems to be increased optimism about billionaire Gautam Adani’s ability to raise money from avenues other than the […]
10/03/2023

Harsha Bhogle-Backed Fantasy Akhada Raises USD 11 Million To Launch New Brand

Fantasy sports startup Fantasy Akhada’s parent company Super Six Sports Gaming (SSSG) has raised USD 11 Million in a fresh funding round led by Florintree Advisors. The funding round also saw participation from existing investors including Param Capital’s Mukul Agrawal and Varalakshmi Enterprises, family office of the GMR Group. The […]
10/03/2023

IPO-Bound Zaggle Raises INR 50 Cr Debt Funding From Vivriti Asset Management

IPO-bound B2B fintech startup Zaggle has raised INR 50 Cr in debt funding from alternative investment fund platform Vivriti Asset Management (VAM). Zaggle will use the fresh capital to grow its products such as the newly-launched accounts payable platform ‘Zoyer’ and for working capital requirement.
10/03/2023

Bira Raises Fresh Funding From Japan’s Largest Bank

B9 Beverages, which owns Indian craft beer brand Bira 91, has raised USD 10 Million from Japan’s largest bank MUFG Bank, months after it secured USD 70 Million in a Series-D funding round, which was led by Japanese beer company Kirin Holdings Co. The company will use the funds to […]
09/03/2023

Inker Robotics bags USD 1.2 Million in pre-Series A round

Inker Robotics has raised USD 1.2 Million in a pre-series A round led by AHK Ventures. The funding will help the company improve its training delivery platform.
09/03/2023

Slice Acquires 5% Stake In North East Small Finance Bank For USD 3.42 Million

Bengaluru-based fintech startup Slice has reportedly acquired a 5% stake in Guwahati-based North East Small Finance Bank for USD 3.42 Million. With the acquisition, Slice will be exploring multiple integrations and customized offerings for its users
09/03/2023

PremjiInvest Leads USD 110 Million Funding Round Of Fintech Startup Mintifi

Supply-chain financing platform Mintifi has raised USD 110 Million in its Series D funding round led by PremjiInvest. The round also saw participation from Existing backers Norwest Venture Partners, Elevation Capital and International Finance Corporation (IFC). The company aims to add new offerings like business-to-business payments, dealer management system and […]
09/03/2023

Jewellery Firm Giva Pulls In USD 4.9 Million As Venture Debt

consumer silver-jewellery focused startup Giva has secured funding of USD 4.9 Million from venture debt fund Alteria Capital. The Company plans to deploy the raised capital in driving channel expansion and further expanding our range of exquisitely crafted jewellery products
09/03/2023

InCred Group’s Arm Picks Up 20% Stake In Mumbai HR Tech Firm TeamNest

The wealth and asset management arm of InCred Group has bought 20% stake in a Mumbai-based HR SaaS platform TeamNest. InCred Capital’s investment is a part of Series A funding round in TeamNest, which will help the platform with resources to compete in the HR tech space. However, financial details […]
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