29/11/2022

Cinnamon Homes Bags Angel Funding from Multiple Investors

Home decor startup Cinnamon Homes has raised an undisclosed amount of funding co-led by beauty marketplace Purplle’s co-founder Rahul Dash and Deutsche Bank’s vice president Chetan Jajoria. The round also saw participation from a clutch of other angel investors. The Delhi-NCR-based firm will use the fresh funds to scale up […]
29/11/2022

TRST Score has secured seed funding round from a host of seven angel investors

Chennai-based employee risk mitigation platform TRST Score has secured around INR 2 Cr as a part of its seed funding round from a host of seven angel investors. The fresh proceeds will be deployed to expand TRST’s reach and boost its technology offerings.
29/11/2022

Suwasthi has raised seed capital from revenue financing-focussed fintech platform Velocity

Delhi-based health and nutrition startup Suwasthi has raised fresh capital of INR 2 Cr from revenue financing-focussed fintech platform Velocity. The firm will use the fresh funds to scale up its production and manufacturing units.
29/11/2022

Mankind Pharma Acquires Majority Stake In Upakarma Ayurveda

Pharmaceuticals giant Mankind Pharma Ltd on Monday acquired a majority stake in Upakarma Ayurveda through one of its subsidiaries for an undisclosed sum. The stake acquisition would allow Upakarma Ayurveda to widen its product offering, penetrate the market and leverage Mankind’s distribution network
29/11/2022

Rebel Foods Pumps Additional Funds Into Zomoz

Quick service restaurant chain Zomoz has secured additional funding from existing investor Rebel Food, as a part of its USD 2 Million round. Hyderabad-based Zomoz will use the fresh funds to expand its footprint to UAE and also widen its retail presence in the operational markets.
29/11/2022

Mela Ventures, Others Back IoT-Based Intugine

Internet of things-based logistics startup Intugine Technologies has secured pre-series A funding of INR 19 Cr led by Mindtree founders’ floated VC firm Mela Ventures. The round also saw participation from Kaleesuwari Group, Innoport, Harsh Shah (Fynd), Anshul Rai (Happay), Kashyap Deorah (HyperTrack) and existing investor Kanav Hasija (InnovAccer).
28/11/2022

Coworking Startup Table Space Secures USD 300 Million Funding From Hill House Capital

Coworking space provider Table Space has secured nearly USD 300 Million from private equity fund Hill House Capital to expand its operations across India. The deal was closed in October this year; however, funding will be received in two tranches. The startup looks to expand its footprint to 8 Mn […]
28/11/2022

Nexus Venture Partners Leads Funding In Speciality Chemicals Firm Covvalent

AT7 Technology Inc, which runs speciality chemicals startup Covvalent has secured seed funding of USD 4.3 Million led by early-stage venture capital firm Nexus Venture Partners. The round also saw participation from a clutch of angel investors and founders including Vishal Chaudhary (Zetwerk), Ramakant Sharma (Livspace), Rajesh Yabaji (BlackBuck) and […]
28/11/2022

Sunways India Raises USD 15 Million From InvAscent

Mumbai-based medium-sized pharmaceutical player Sunways India Pvt Ltd raised USD 15 Million from India Life Sciences Fund III (ILSF III), managed by InvAscent, for a minority stake. The pharma player plans to use the funds to ramp up its international expansion, acquisitions, and capacity addition plans.
28/11/2022

Accel India Selects 10 Startups For Second Cohort Of Atoms Programme

The 10 startups selected by Accel in second cohort mainly come from the SaaS, D2C and B2B sectors. The startups include Brik, a B2B construction material-focused startup; Databrain, a data platform enabling non-technical strategic teams to extract and analyze data effectively; Dhiwise, a DevTool that enables developers to deliver production-ready […]
25/11/2022

Fintech Startup Indiagold Raises USD 10 Million Funding From Alpha Wave, Others

Fintech startup Indiagold has reportedly raised USD 10 Million in an extended Series A funding round from its existing investors – Alpha Wave, 3one4 Capital, PayU, and Leo Capital. Indiagold allows customers to store gold and earn 5-6% annual interest on their gold deposits. It also provides them credit up […]
25/11/2022

HealthKart Raises USD 65.7 Million Funding From Temasek, A91 Partners

Healthtech startup HealthKart has reportedly raised USD 65.7 Million in Series H funding round led by Temasek. A91 Partners has also participated in the round. HealthKart manufactures eight nutritional brands–MuscleBlaze, The Protein Zone, TrueBasics, HKVitals, bGreen, Nouriza, and Gritzo.
25/11/2022

Fintech Startup Galgal Raises Seed Funding

Fintech startup Galgal Money has raised USD 1 Million in seed funding from angel investors. The funds have enabled the startup to launch the app at a rapid time-to-market pace and accelerate customer acquisition. Besides, the firm intends to invest in product development to rapidly enhance customer experience and focus […]
24/11/2022

Norwest Backs Software Consulting Startup Celebal Tech, Pumps In USD 32 Million Capital

Jaipur and California-based software consulting platform Celebal Technologies has raised USD 32 Million in minority growth investment from venture capital (VC) firm Norwest Venture Partners. The startup will use the funding to expand to new territories such as Europe, Middle East and Japan. The investment will also be deployed to […]
24/11/2022

IPO-Bound B2B Unicorn Udaan Raises Funding From Temasek’s EvolutionX Debt Capital

B2B ecommerce platform Udaan has raised an undisclosed amount of debt funding from the growth stage debt financing platform EvolutionX Debt Capital. The fresh capital will improve the startup’s financial strength as well as continue to drive its operational efficiencies with an enhanced focus on achieving profitable growth
24/11/2022

Kae Capital Closes Third Fund

Early-stage venture capital firm Kae Capital announced the final close of its third fund with a corpus of USD 94 Million. The third fund will primarily invest in fintech, SaaS (software-as-a-service), consumer tech, B2B (business-to-business) commerce, health tech, direct-to-consumer (B2C) brands and gaming startups
24/11/2022

Binny Bansal Invests In HR Tech Startup HireQuotient

Singapore-based HireQuotient, which automates HR interviews for companies has raised additional an undisclosed amount of funding in a round led by Flipkart co-founder Binny Bansal.
24/11/2022

Coffee Startup Beanly Raises Funding From Clutch Of Angel Investors

Beanly Beverages Private Limited, a coffee brand has raised an undisclosed sum in seed funding from Dr. Annurag Batra, Chairman at BW Businessworld and exchange4Media Group. The round also saw participation from founders at Sirona Hygiene Deep Bajaj and Mohit Bajaj, startup Investor Rohit Jain, Vikash Chowdhury, and Abhishek Ravi.
24/11/2022

Motovolt Raises Capital In Pre-Series A Round

Kolkata-based electric-cycle maker Motovolt Mobility has raised INR 16 Cr in a pre-Series A round. Investors such as listed PPAP Automotive, Vikrampati Singhania of JK Family; Ankur Agarwal of Crystal Crop; Vikas Bagaria of D2C company Pee Safe; Dubai-based Transworld Group’s family office Wami Capital along with other family offices […]
24/11/2022

SIG Venture, Tanglin Back RapidBox In A Series A Round

D2C Brand RapidBox has raised USD 4.5 Million in a Series A round led by SIG Venture Capital, Tanglin Venture Partners, India Quotient, among others. The company plans to deploy these funds to expand its product range, enhance customer experience and bolster brand building.
23/11/2022

Amagi Acquires US-Based Streamwise To Scale Data Solutions

Media-focused SaaS startup Amagi has acquired US-based data platform for content distributors, Streamwise, for an undisclosed amount. Streamwise CEO Doug Shineman will join Amagi as the business development head for its new analytics vertical
23/11/2022

Transition VC Launches INR 400 Cr Maiden Fund To Back Cleantech Startups

Bengaluru-based venture capital (VC) firm Transition VC has launched its maiden fund worth INR 400 Cr to back startups across cleantech segments such as emobility, green hydrogen, energy storage, net zero and climate tech. The VC company will write cheques worth between USD 500K-1 Million.
23/11/2022

Healthcare Startup Sukoon Secures USD 15 Million From Lightrock India

Gurugram-based hospital chain startup Sukoon has raised USD 15 Million from venture capital firm Lightrock India. As part of the deal Lightrock India has bought a significant stake in the startup
23/11/2022

Indian Actress Kajal Aggarwal Backs D2C Ayurvedic Startup TAC

D2C ayurvedic beauty and personal care brand The Ayurveda Co (TAC) has received investment from Indian actress Kajal Aggarwal in a Series A funding round, which has a corpus of USD 15 Million
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