17/11/2022

BETAFI RAISES USD 1.3 MILLION IN PRE-SEED FUNDING

Unified user research platform Betafi raised USD 1.3 Million in pre-seed funding led by Together Fund, Entrepreneur First, and Titan Capital, along with the participation of Nir Eyal and founders from companies like Razorpay, Pine Labs, Snapdeal, Livspace, and others. Betafi is a moderated user research platform that makes it […]
17/11/2022

Buyofuel Raises Pre-Series A Funding From IPV, Others

Online alternate fuel marketplace Buyofuel has raised over INR 11.5 Crore in a pre-series A round led by Inflection Point Ventures (IPV). The round also saw participation from Venture Catalysts, LetsVenture, Lead Angels Fund, and Gruhas Proptech. The startup has the largest supply base of quality-assured biofuels and fuel consumers, […]
17/11/2022

South Korean KB Investment Invests In Elev8 Venture

South Korea’s financial services provider KB Group will be investing around USD 100 Million in former Kae Capital partner Navin Honagudi-led Elev8 Venture Partners through its subsidiary, KB Investment. KB Group has also joined hands with Elev8 as an anchor investor and Co-GP.
17/11/2022

Niranjan Hiranandani, Shradha Sharma Back Goodfellows In Seed Round

Niranjan Hiranandani and YourStory’s founder Shradha Sharma invested an undisclosed sum of seed funding in Goodfellows, a senior companionship platform providing companionship to the elderly in their day-to-day activities. With the fundraise, the Ratan Tata-backed startup plans to strengthen its operations in Mumbai, expand services to new cities like Pune, […]
16/11/2022

Eruditus Founder Ashwin Damera Backs Sportstech Platform KheloMore

Sportstech startup KheloMore has raised an undisclosed amount of funding from Damera Ventures, a family office of Eruditus’ founder Ashwin Damera and his spouse Bhagyashree Damera. It claims to have onboarded more than 5000 customers that use its pay and play sports avenues
16/11/2022

ReadyAssist has raised USD 5 Million from Howen International Fund SPC

Bengaluru-based roadside assistance startup ReadyAssist has raised USD 5 Million from Howen International Fund SPC as a part of its ongoing pre-Series A funding round. The company will use the fresh funds to further boost its service network to bring in speed and availability through technology across India.
16/11/2022

Insight Partners, Georgian Back Contentstack In Series C Round

Content experience platform Contentstack on Tuesday secured USD 80 Million in a series C funding round co-led by existing investors Insight Partners and Toronto-based Georgian Partners. The round also saw participation from Illuminate Ventures.
16/11/2022

Simplilearn Raises USD 45 Million In A Series E Round

Simplilearn Solutions which provides a training destination for professional certification courses raised USD 45 Million in a Series E funding round, from a consortium led by GSV Ventures. The round also saw participation from Clal Insurance, and DisruptAD, ADQ’s venture platform
16/11/2022

Healthtech Platform BeatO Snags USD 33 Million In Series B Round

Diabetes management platform BeatO has raised USD 33 Million in its Series B round of funding led by impact investor Lightrock India. The digital care platform also saw participation from its existing investors including healthcare focussed investor HealthQuad and e-commerce major Flipkart’s VC arm, Flipkart Ventures among others
16/11/2022

SphitiCap Makes Third Bet From Maiden Fund

Sector-agnostic early-stage fund SphitiCap has invested USD 9 Million in Noida-based electric mobility firm Corrit Electric as a part of its Series A funding, marking the third bet from its maiden fund. The startup plans to use the fresh funds to further its vision of onboarding 1.50 lakh e-bikes over […]
16/11/2022

Mirchi Parent ENIL Picks Up Minority Stake In Spardha

Private frequency modulation brand Radio Mirchi has bought a minority stake in online music platform Spardha. It is its first external investment with an aim to deepen strategic bets and build shareholder value and also scale up Mirchi as a mobile-first entertainment brand
15/11/2022

Instant Food Brand Yu Snags Fresh Series A Funding

Yu, an instant food brand secured Series A funding of USD 2.4 Million in a mix of equity and debt. The round was led by independent investor and stock market trader Ashish Kacholia, with existing investors, Asian Paints’ promoter group Manish Choksi and Varun Vakil. Yu will deploy the fresh […]
14/11/2022

Agritech Startup WayCool Backs Logistics Startup AllFresh

Agritech startup WayCool has invested in supply chain management startup AllFresh. The investment is part of Waycool’s strategy to create a Keiretsu in the global food supply chain. Keiretsu refers to building a business network, which is inclusive of diverse companies including manufacturers, supply chain partners, distributors, and financial institutions, […]
14/11/2022

Lentra Raises USD 60 Million In Series B Round

HDFC Bank-backed lending software provider Lentra has raised USD 60 Million in its Series B funding round, led by existing investors Bessemer Venture Partners (BVP) and Susquehanna International Group (SIG) and with participation from Citi Ventures. The latest round valued the company at USD 400 Million.
14/11/2022

Yulu Bikes Rakes In USD 9 Million From US DFC

Yulu Bikes Pvt. Ltd, which operates e-mobility-based transport startup Yulu has secured loan of USD 9 Million from US government’s Development Finance Corporation (DFC). The Bengaluru-based firm will use the fresh funds to further boost its green mobility alternative.
14/11/2022

Ghost Kitchens Buys Ex-Capgemini Exec Floated Restaurant Chain

Foodtech startup Ghost Kitchens has acquired Kolkata-based restaurant chain Where’s The Food for an undisclosed amount in a share swap deal. With this buyout, Mumbai-based Ghost Kitchens aims to scale up its business operations, including partner scrutiny on-boarding process, inventory intelligence and finance reconciliations, among others
11/11/2022

Singaporean BPC Brand Ploughs USD 10 Million In Ahmedabad-Based Iba Cosmetics

Clean beauty platform Iba Cosmetics has secured USD 10 Million from Singapore-based beauty and personal care products company Believe Pte Ltd, in a Series B capital raise. The Ahmedabad-based startup will use the fresh funds to expand its geographical footprint and brand scale up.
11/11/2022

Automovill has raised INR 2.15 Cr funding round led Inflection Point Ventures

Mobility solution provider Automovill has raised INR 2.15 Cr as a part of its pre-Series A funding round led by angel network Inflection Point Ventures. The startup will use the fresh funds to expand its marketing and operations as well as product portfolio.
11/11/2022

Amagi Raises Over USD 100 Mn At USD 1.4 Billion Valuation

Media technology startup Amagi has secured over USD 100 Million in a fresh raise from global private equity firm General Atlantic, taking the company’s valuation to USD 1.4 Billion. The Bengaluru-based firm plans to use the fresh funds to strengthen its support infrastructure for customers and invest in artificial intelligence-driven […]
11/11/2022

Alpha Wave, Aspada, Others Back Healthcare Startup Even

Even Healthcare has raised USD 15 Million from Alpha Wave and Aspada. The new investors will join existing investors Khosla Ventures, Founders Fund, Lachy Groom, Palo Alto Networks chief Nikesh Arora, Cred CEO Kunal Shah, and DST Global partner Tom Stafford.
10/11/2022

Bold Finance Bags Seed Fund From Kae Capital, Others; To 3X Its Gold Loan Partners

Fintech startup Bold Finance has raised a seed funding of USD 1.5 Million in a round led by Kae Capital. The funding round also saw participation from existing investors Antler India and Uni Cards’ Nitin Gupta, Stride Venture’s Ishpreet Gandhi McKinsey’s Shashikant Dola, Avail Finance’s Tushar Mehndiratta, ITC PSPD’s Vadiraj […]
10/11/2022

Garuda Aerospace Raises USD 5 Million To Build Advanced Drone Solutions For Armed Forces

Drone startup Garuda Aerospace has secured USD 5 Million in funding from a large infra-development company, a group of HNI and angel investors from India, UAE and Singapore. The startup will utilize the funds to build advanced drone solutions for the armed forces in collaboration with global giants from the […]
10/11/2022

Chiratae Ventures Leads Seed Round For Skye Air Mobility

Drone company Skye Air Mobility has raised USD 1.7 Million in a seed round, led by Chiratae Ventures. The round also saw participation from Lead Angels, O2 Angels, Agility Ventures, Lets Venture and several investors, including Rajeev Chitrabhanu, Ankit Nagori, Varun Alagh, Gautam Badalia, Ayush Lohia and others.
10/11/2022

Goa Brewing Co Raises Fresh Funds In Top-Up Round

The Goa Brewing Company has raised a round of USD 700,000 from marquee investors including K. Ganesh, a serial entrepreneur, and promoter of BigBasket; Samrath Bedi, executive director of beauty brand Forest Essentials; and members of Ekcle Ventures, an angel network. Saama Capital and DSG Consumer Partners had invested in […]
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