18/10/2021

AcknoLedger raises USD 1.53 Million in initial seed and private sales

Blockchain project AcknoLedger has raised $1.53 million in initial seed round and will be emerging from stealth mode later this month. The initial seed funding has come from more than 30 venture capitals such as Momentum 6, Basics Capital, Krypital Capital, Shima Capital, Magnus Capital, among others.
18/10/2021

Tala bags USD 145 million in Series E funding led by lending platform Upstart

Fintech company Tala, has raised USD 145 million in Series-E funding round, led by Upstart with participation from the Stellar Development Foundation. New investors Kindred Ventures and The J. Safra Group, along with existing investors including IVP, Revolution Growth, Lowercase Capital, and PayPal Ventures, also joined the round.
18/10/2021

Arrivae raises INR 50 crore in a funding round led by Rakesh Jhunjhunwala

Arrivae, a made-to-order furniture manufacturer and home improvement company, has raised INR 50 crore in an external round led by Rakesh Jhunjhunwala. The funding round also saw Enam family; Siddharth Yog founder of Xander Group, Anand Jain chairman of Jai Corp and others.
18/10/2021

Duroflex, Sleepyhead raise USD 60 million from Norwest

Bengaluru-based D2C mattress brand Sleepyhead’s parent Duroflex, has raised USD 60 million from Norwest Venture Partners. Duroflex is an omnichannel player in the mattress category and claims 33% of its revenue comes from ecommerce platforms.
14/10/2021

Insurtech startup GramCover raises USD 7 million in a Series A round

Insurtech marketplace focused on rural India GramCover, has raised $7 million in a Series A round co-led by Siana Capital and Inflexor Ventures in a Series A round.
14/10/2021

AI-driven SaaS startup Toch.ai raises close to USD 12 Million in Series A round

Toch.ai, an AI-driven SaaS platform, has raised USD 11.75 million of funding in a Series A round.The round was led by Moneta Ventures, Baring Private Equity India, Binny Bansal, Ventureast, 9Unicorns, Anthill Ventures, Cathexis Ventures, SOSV, Artesian, and Innoven Capital. Toch.ai uses AI technology to process video content including live […]
14/10/2021

NFT marketplace Colexion raises USD 8 mn, partners actor Sunil Shetty

Colexion, an NFT marketplace, has raised UDF 8 million in a new financing round that saw actor Sunil Shetty take part. The platform aims at building an ultimate platform for creators, collectors, and the celebrity community.
14/10/2021

Robotics edtech startup Wiingy raises USD 400K in angel round

Wiingy, robotics edtech startup, has raised USD 400K in an angel funding round from Aroa Ventures, Abhinav Sinha, Maninder Gulati, Kavikrut, Rohit Kapoor and others. Wiingy has launched robotics courses as its initial offering and is looking to launch artificial intelligence, wireless networking, coding, and physics in the coming months.
14/10/2021

D2C brand Nap Chief raises seed funding from Titan Capital and others

Nap Chief, a D2C brand focused on kid’s wear, has raised INR 2 crore in a seed funding round from Titan Capital and other angels from Angel List India. Nap Chief offers everyday clothing for kids with a range of character merchandise.
14/10/2021

B2B Supply Chain Startup AnKa SumMor closes INR 11.6 Crore in Pre-Series A led by Inflection Point Ventures

Plug, play sales and distribution platform AnKa SumMor, has raised INR 11.6 Crore in Pre-Series A funding round led by Inflection Point Ventures. Pratul Shroff from Waao Partners and Brijesh Agrawal, cofounder and director, IndiaMART, also participated in the round.
14/10/2021

Playto Labs raises over INR 4 Crore in a seed round led by Inflection Point Ventures

Edtech startup Playto Labs has raised over Rs 4 crore in a seed round led by Inflection Point Ventures. The round also saw individual participation from partners of the upcoming fund Disruptors Capital, including Krishna Kumar Founder of Simplilearn, Kunal Walia Founder of Simpliwork and others. Playto Labs has a […]
14/10/2021

D2C jewellery brand Melorra raises USD 24 million from 9Unicorns, Symphony, others

Melorra, a D2C brand focused on fine jewellery, has raised USD 24 million in a financing round from 9Unicorns, Symphony International Holdings Limited, Value Quest, Venture Catalysts, Param Capital, and family offices.
14/10/2021

Blockchain startup Arcana Network raises funds from Republic Crypto, others

Arcana Network, a blockchain startup focused on decentralised storage and data privacy platform, has raised USD 2.3 million in a financing round led by Republic Crypto and Woodstock Fund with participation from Digital Currency Group, Hyperedge, Sahil Lavingia’s shl.vc, Fenbushi Capital, LD Capital, and Paradigm Shift VC.
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

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 […]
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