Archive News

14/02/2023

Kae Capital, Whiteboard, Others Back B2B Firm Onwo

Bengaluru-based business-to-business (B2B) platform Onwo has secured USD 1.6 Million in a seed funding round led by Kae Capital. The round also saw participation from Whiteboard Capital, 2 am VC, Kettleborough VC, Climber Capital and Point One Capital, among others. The fresh funds will be deployed for hiring and platform […]
14/02/2023

Venture Catalysts, TSM, Others Back Education Financier Lorien

Education loan provider Lorien Finance has raised seed funding of USD 1.8 Million led by Venture Catalysts. The round also saw participation from TSM Ventures and a host of angel investors including Kunal Shah (Cred), Suhail Sameer (Ex-BharatPe), Aman Gupta and Sameer Mehta (boAt), among others. Founded by Nikhil Mudgal, […]
13/02/2023

Matrix and Lightspeed invest in Stable Money

Fintech startup Stable Money has raised USD 4.5 Million in its Series A round led by Lightspeed and Matrix Partners. Stable Money intends to use the fresh funds to scale its operations, spread financial awareness, and other information technology related services.
13/02/2023

FAU-G Maker nCore Games Invests In Esports Startup Newgen Gaming

Gaming startup Newgen Gaming has raised USD 1 Million funding from mobile games and interactive entertainment company nCore Games. Using the fresh capital, the startup plans to focus on expanding its team, offerings and operations across South Asia and MENA regions.
13/02/2023

ONWO Secures Funding To Help Indian Food Manufacturers With Wider Reach

B2B ecommerce platform ONWO (One World) has raised USD 1.6 Million in a seed funding round led by Kae Capital. Whiteboard Capital, 2am VC, Kettleborough VC, Climber Capital, Point One Capital, Mekin Maheshwari, Srinivas Anumolu and other angel investors also participated in the round. ONWO will use proceeds to expand […]
13/02/2023

Garuda Aerospace Raises USD 22 Million In Series A Round

Drone maker Garuda Aerospace has raised USD 22 Million in a Series A round led by early-stage venture capital company SphitiCap. The round also saw participation from other global investors, angel investors, and high-net-worth individuals (HNIs)
10/02/2023

Sequoia leads maiden funding round for Rartogo

Rartogo, a platform for sourcing and exports of auto aftermarket parts has raised USD 4 Million in its maiden funding round led by Sequoia and some angel investors.
10/02/2023

TABP Snacks and Beverages Secures Funding From LC Nueva AIF, Others

TABP Snacks and Beverages, which leads food brand Tanvi Foods has raised INR 20 Cr in a Pre-Series A funding round led by LC Nueva AIF and angel investor Arun Mukherjee. Angel investors including Koushik Chatterjee of Tata Steel, and Aniruddha Sarkar of Quest Investment, among others also participated in […]
10/02/2023

Healthtech Startup MediBuddy Acquires Indian Business Of US-Based Aetna

Bengaluru-based telemedicine startup MediBuddy has acquired the Indian business of US-based Aetna Inc, vHealth by Aetna to expand its footprint in the country. Over the next six months ‘vHealth by Aetna’ business will transition and will be rebranded as ‘MediBuddy vHealth’
10/02/2023

SIG, Exfinity, Others Write USD 11 Million Cheque To Rezolve

Artificial intelligence-backed employee service desk platform Rezolve has secured Series A funding of USD 11 Million led by SIG Venture Capital, with participation from Exfinity Venture Partners, 9Unicorns and Tri Valley Ventures. The startup plans to use the fresh funds to scale up its employee service experience and growth
10/02/2023

Intents Mobi Secures Fresh Funding

Navigation firm Intents Mobi has raised USD 181,775 in an extended bridge funding round from The BarberShop with Shantanu – Raiser’s Edge. The fresh proceeds will be deployed for growth and expansion.
10/02/2023

Sequoia’s Surge, Others Invest In SaaS Firm Hatica

Software-as-a-service (SaaS) startup Hatica has raised seed funding of USD 3.7 Million led by Sequoia Capital India’s accelerator programme Surge. The round also saw participation from existing investor Kae Capital, with Akshay Kothari (Notion), Apurva Dalal (Twitter), Punit Soni (Google) and Pratyus Patnaik (Okta) among others. The gurugram-based firm aims […]
09/02/2023

Short-Video App Chingari Bags Funding From Aptos Labs To Enter New Markets

Short-video app Chingari has received equity funding from Aptos. The Bengaluru-based startup didn’t disclose the financial details of the transaction. Company will use the fresh funds for user growth, product development, global expansion, and to ramp up its engineering team.
09/02/2023

PadCare Taps Social Alpha, Lavni, Others

Sanitary pad recycler PadCare Labs has raised seed funding of USD 605,891 led by Social Alpha, with participation from Lavni Ventures, 3i partners, Rainmatter and Spectrum Impact. The Pune-based startup will deploy the fresh proceeds for product and research development as well as to expand its geographical footprint
09/02/2023

Inflection Point, Others Back Background Verification Firm TheRollNumber

Background verification startup TheRollNumber has secured seed funding of USD 165,000 led by Inflection Point Ventures. The round also saw participation from a clutch of angel investors including Munish Bhatia (Rudraksh Ventures), Mona Singh and Neeti Malhotra (India Accelerator) among others. The Hyderabad-based startup will deploy the fresh funds for […]
09/02/2023

Acceldata Snags USD 50 Million From March Capital, Others

Data observability platform Acceldata has secured Series C funding of USD 50 Million led by existing investor March Capital. The round also saw participation from Sanabil Investments, Industry Ventures and Insight Partners, among others. Acceldata will deploy the fresh infusion to expand its go-to-market and scaling up product innovation.
09/02/2023

Turno Raises USD 13.8 Million From B Capital, Quona, Others

Commercial electric vehicle startup Turno has secured Series A funding of USD 13.8 Million co-led by global venture capital firms B Capital and Quona Capital. The round was also participated by existing investors Stellaris Venture Partners and Avaana Capital, with new investors Alteria Capital and InnoVen Capital. The company plans […]
09/02/2023

Zypp Elec Taps Gogoro, Goodyear, Others For USD 25 Million Round

Electric vehicle delivery app Zypp Electric has raised Series B funding of USD 25 Million led by Gogoro. The round also saw participation from a clutch of new and existing investors including Goodyear Ventures, 9Unicorns, WFC, Venture Catalysts, LetsVenture, IAN, Ivygrowth, Grip with angel backers. Zypp plans to use the […]
08/02/2023

Mumbai Angels Leads Seed Investment In Luggage Maker Eume

Luggage maker Eume Lifestyle has secured an undisclosed capital in seed funding round led by Mumbai Angels, with participation from JITO Angel Network and Lead Angels. The startup plans to deploy the fresh proceeds for marketing, hiring and development of its tech stack
08/02/2023

Emotional AI Startup Entropik Laps Up USD 25 Million From Bessemer Venture Partners

Emotional artificial intelligence (AI) startup Entropik has secured USD 25 Million in a Series B funding round led by Bessemer Venture Partners and SIG Venture Capital. Trifecta Capital, Alteria Capital, and long-time existing investor Bharat Innovation Fund also participated in the round.
08/02/2023

Creator Tech Firm Animeta Taps Media Execs

Rajesh Kamat, managing director of KKR-backed Emerald Media, and Den Networks founder and serial media entrepreneur Sameer Manchanda, have invested in Animeta, a creator tech platform founded by Anish Mehta, the former CEO of animation studio Cosmos-Maya. Animeta is an AI-based self-service creator tech platform that seeks to create and […]
08/02/2023

Third Point, Iron Pillar, Others Invest USD 50 Million In Ushur

Artificial intelligence-backed automation firm Ushur has raised USD 50 Million in its Series C funding round co-led by Third Point Ventures and Iron Pillar. The round also saw participation from 8VC, Aflac Ventures and Pentland Ventures. The fresh funds will be deployed for expanding the company’s experience automation portfolio, developing […]
08/02/2023

B2B Construction Marketplace Magma Secures Funding From General Catalyst, Others

B2B manufacturing platform Magma has raised USD 3.3 Million in a seed funding round led by General Catalyst along with participation from Accion Venture Lab and Titan Capital. Existing investors WEH Ventures, All in Capital, and angel investors including Aayush Phumbhra from Chegg, Varun Alagh from Mamaearth and Srini from […]
08/02/2023

Social Learning Platform Bluelearn Bags Funding From Elevation Capital, Lightspeed, Others

Social learning platform Bluelearn has raised USD 3.5 Milion in a seed funding round led by Elevation Capital and Lightspeed. The funding round also saw participation from Titan Capital, 2am VC, and angel investors such as Meesho founders Vidit Aatrey and Sanjeev Barnwal, and Pixxel founder Awais Ahmed
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