14/09/2022

Wealthtech Startup Racks Up Pre-Seed Funding

Wealth management community platform Centricity has secured USD 4 Million as a part of its pre-seed funding round led by Burman family office, Shantanu Agarwal (LNJ Bhilwara Group) and Arun Jain (Intellect Design Arena/founder-Polaris Software Labs).
14/09/2022

Nobel Hygiene Snags USD 17 Million In Series C Round

Mumbai-based diaper maker Nobel Hygiene has secured INR 132 Cr in a Series C funding round from existing investor Sixth Sense Ventures. The company looks to deploy its fresh proceeds to boost its growth trajectory and further scale manufacturing segment.
14/09/2022

Digital publishing startup MyLang Creators Has Raised Funds To Scale Up Regional Outreach

Digital publishing startup MyLang Creators has received an undisclosed amount in a seed round of funding led by Rainmatter, with Supermorpheus and others participating in the round. The Bengaluru-based startup plans to utilise the funds to scale up regional outreach by extending the same experience to other languages of India.
14/09/2022

WealthTech Platform Finnovate raised funds to scale its technology-led platform

wealthtech platform Finnovate has raised close to USD 1 Million in its pre-series A funding from angel investors. Founded by Nehal Mota and Naveen Singh, Finnovate offers personalised financial life planning and researched-based investment portfolios to working professionals, high-net-worth individuals and families.
14/09/2022

AI-based web tool Dubdub.ai has raised seed round funding

AI-based web tool Dubdub.ai has raised seed round funding of USD 1 Million from Waveform Ventures and Accel Atoms. Forward Slash Capital, Force Ventures and angel investors including Koo’s founder Aprameya Radhakrishna, Mindtickle’s founder Nishant Mungali, Slintel’s founder Deepak Anchala, Netflix’s former head of marketing Swati Mohan, actor Gaurav Kapur, […]
14/09/2022

Gig Platform PickMyWork Raised USD 1 Million led by SOSV’s Orbit Stratups

Gig Platform PickMyWork has raised USD 1 Million in a seed round led by Sosv’s Orbit Startups. The funding round also saw participation from Soonicorn Ventures, Upaya Social Ventures, Blume Founders Fund, Venture Catalyst, Mumbai Angels, 888vc, Imperier Holding, Chandigarh Angels and WeFounderCircle
13/09/2022

MapmyIndia Invests In Fuel Aggregator Startup Nawgati At USD 4 Million

Listed geotech unicorn MapmyIndia has invested an undisclosed amount in fuel aggregator startup Nawgati at a valuation of USD 4 Million. The startup will use the funding to launch its flagship offering, Aaveg. The funding round was the first corporate funding round for the startup.
13/09/2022

Blockchain Unicorn 5ire Buys Stake In Career Advancement Platform Network Capital

Blockchain unicorn 5ire has acquired a stake in mentorship and career advancement platform Network Capital (NC). Post the acquisition, NC will be rebranded as ‘NC powered by 5ire’. However, it didn’t disclose the amount of stake bought and the financial details of the deal.
13/09/2022

Realty Ownership Platform HBits Bags Fresh Funding

Mumbai-based fractional ownership startup hBits has secured INR 20 Cr as a part of its fresh angel funding round from a host of investors including Nirmal Jain (founder and chairman at IIFL Group), InCred Capital, Jayesh Parekh (Former managing partner at Jungle Ventures) and Awdhesh Krishna (Former managing director at […]
13/09/2022

Kalaari, Axilor, Others Back Automation Firm Peer Robotics

Automation startup Peer Robotics has raised seed funding of USD 2.3 Million led by Kalaari Capital, with participation from existing investors Axilor Ventures, Connecticut Innovations and Innopact VC. The US and Gurugram-based firm will deploy the fresh proceeds for research and development on human robot interaction and market expansion across […]
13/09/2022

91Squarefeet Bags USD 10 Million In Series A Round

Construction tech startup 91Squarefeet has raised USD 10 Million in a Series A round led by Stellaris Venture Partners. Existing investors Y Combinator, Betatron Venture Group and some angel investors also participated in the round.
13/09/2022

Procol Raises Series A Funds; Sequoia, Blume Continue Participation

Gurugram-based procurement startup Procol Tech has secured Series A funding of INR 51 Cr from GMO Venture Partners, Alarko Ventures, Esas Ventures, FounderBank Capital and Anchorage Capital. Existing investors Blume Ventures, Beenext and Sequoia Surge also participated in the round.
12/09/2022

Bessemer Venture Partners Closes Two Funds at USD 4.6 Billion

Venture capital (VC) firm Bessemer Venture Partners has closed USD 4.6 Billion in new capital across two funds. The new BVP XII fund will enhance Bessemer Venture Partners’ primary focus on seed and early-stage investments in businesses across deeptech, consumer, fintech, and healthcare. The Forge fund is specifically designed for […]
12/09/2022

Mensa Brands Forays Into Health Food Category With Acquisition Of MYFITNESS

D2C ecommerce roll-up unicorn Mensa Brands has acquired peanut butter brand MYFITNESS to make its foray into the health food category. With this new association with Mensa Brands, MYFITNESS will work on expanding its footprint, launching new categories, scaling D2C, investing in brand-building, and expanding to global markets.
12/09/2022

XR Central, Online Live Learning Snag Seed Funding

Metaverse startup XR has raised USD 250,000 in a seed round led by angel investors, including fashion designer Tarun Tahiliani, Netprophets Cyberworks’ founder Amitabh Vira and Nitin Sethi, senior vice president and chief digital officer, consumer business, Adani Group. XR Central plans to use the funds to strengthen the development […]
12/09/2022

Magna Leads Series B Round In Yulu

Electric mobility startup Yulu Bikes has raised INR 653 Cr in its Series B funding round, led by US-based mobility technology company Magna International Inc. Existing investors including publicly listed Bajaj Auto also participated in the round.
12/09/2022

Rukam Capital, Others Invest In D2C Startup Beco

Mumbai-based direct-to-consumer (D2C) startup Beco India has secured Series A funding of USD 3 Million led by Rukam Capital. The round also saw participation from Priyavrata Mafatlal, Better Capital, Prashant Pittie and Titan Capital.
09/09/2022

Thrasio-Styled UpScalio In Talks To Raise USD 30-50 Million

UpScalio, a Thrasio-style venture that finances e-commerce brands, is looking to make its investments across sports and fitness, baby and kids care as well as petcare brands and also is in advanced discussions with a clutch of investors to raise between USD 30-50 Million in the next 3-6 months
08/09/2022

Venture Catalysts & CREDAI Set Up USD 100 Million Fund To Back Proptech Startups

The Confederation of Real Estate Developers’ Associations of India (CREDAI) and startup incubator Venture Catalysts have partnered to set up a USD 100 Million proptech fund. The fund will invest in early-stage and growth-stage startups working in diverse sub-sectors of the real estate industry including residential, commercial, institutional and industrial, […]
08/09/2022

SaaS Startup Netradyne Bags USD 65 Million To Offer Fleet Safety & Management Solutions

SaaS startup Netradyne has raised USD 65 Million from Silicon Valley Bank, which is in a mix of senior and junior mezzanine (debt) financing. Netradyne will use the fresh funds to develop its products and expand its geographical footprint to Mexico, France, Germany, Italy, and Spain
08/09/2022

Accel Leads Series A Round In Construction Management Platform Powerplay

Construction management platform Powerplay has raised USD 7.14 Million in its series-A round led by Accel. The round, which saw participation by Sequoia Surge, India Quotient, and Snapdeal founders Kunal Bahl and Rohit Bansal.
08/09/2022

Baring PE And Inflection Point Back New Platform Focused On Deeptech

Baring Private Equity Fund India and Inflection Point Ventures (IPV) are backing a new fundraising and support platform launched by Dr Sunil Shekhawat, former head of product initiatives and deep-tech club at Nasscom. The Sanchiconnect platform, originally an idea of Baring PE’s managing partner Rahul Bhasin and Shekhawat, will help […]
08/09/2022

Fintech Firm Ayekart Snags Fresh Funding From Caspian, Siply

Mumbai-based integrated supply chain and finance platform Ayekart Fintech has secured USD 5 Million from Caspian Debt and Siply in a mix of debt and equity funding round. The startup plans to deploy the fresh proceeds to serve the needs of traditional businesses across food and agri sector.
08/09/2022

Tiger Global-Backed Wow! Momo Kickstarts Series D Fundraise

Quick-service restaurant (QSR) chain Wow! Momo has raised over INR 125 Cr from mid-market private equity firm OAKS Asset Management as part of the first tranche of its Series D round of funding. The current deal has been struck at a post money valuation of INR 2,125 Cr
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