26/08/2022

Energy Storage Firm Cygni Snags USD 12 Million From Meridian, Others

Energy storage startup Cygni Energy has secured USD 12.5 Million from Meridian Global Ventures and Indian Overseas Bank in a mix of debt and equity funding round. The Hyderabad-based firm plans to use the fresh capital to boost product, ramp up business and to roll out greenfield manufacturing plant in […]
26/08/2022

Kedaara Capital Invests USD 50 Million In IVF Chain Oasis

South India-based in-vitro fertilization (IVF) chain Oasis Centre for Reproductive Medicine has raised USD 50 Million in an equity round of funding from homegrown private equity fund Kedaara Capital.
26/08/2022

Healthtech Startup HealthAssure Bags Fresh Funding In Pre-Series B

Healthtech startup HealthAssure has raised INR 50 Cr in a pre-series B funding round led by Rajiv Dadlani Group. Blume Ventures, Leo Capital, an unnamed US-based impact fund, family offices, and high-net-worth individuals also participated in the round.
26/08/2022

GIC Singapore To Invest USD 50 Million In Paper Boat Maker

Hector Beverages Pvt. Ltd, the maker of Paper Boat beverages and packaged foods, has passed a special resolution to raise USD 50 Million in Series D funding from Singapore’s sovereign fund GIC Pte. Ltd
26/08/2022

Web3 cricket strategy game Cricinshots has raised an undisclosed pre-seed capital from Antler India

Web3 cricket strategy game Cricinshots has raised an undisclosed pre-seed capital from Antler India. The company plans to deploy the fresh proceeds to scale its product and strengthen the team.
26/08/2022

Vidcare has secured pre-seed funding of USD 300,000 in a round led by Social Alpha

Pune-based diagnostic startup Vidcare Technologies has secured pre-seed funding of USD 300,000 in a round led by Social Alpha, with participation from Lavni Ventures and Derbi Foundation. The firm plans to use the fresh funds for product development, clinical testing, real-world effectiveness, and early commercialization.
26/08/2022

Processed Flour Startup Floryo Bags USD 2 Million In Pre-Series A

Processed flour under the brand name Floryo has raised USD 2 Million in pre-series A funding round led by 3one4 Capital. The Bengaluru-based startup has also raised $400,000 in venture debt from Alteria Capital. The round also saw participation from prominent investors such as Licious co-founders Vivek Gupta and Abhay […]
25/08/2022

IPO-Bound Pepperfry Acquihires Interior Designing Startup Brandmakerr

Online furniture marketplace Pepperfry has acquihired interior designing startup Brandmakerr for an undisclosed amount. As part of the deal, Brandmakerr’s founder Rahul Kapuria has been appointed as the vice president of Pepperfry.
25/08/2022

Data Security Startup Privado Secures USD 14 Million To Help Businesses Resolve Privacy Issues

Data Security Startup Privado has raised USD 14 Million in its Series A funding round co-led by Insight Partners and Sequoia Capital India. Existing investors–Together Fund and Emergent Ventures also participated in the funding round.
25/08/2022

TVS Motor To Pick 48% Stake In Narain Karthikeyan Co-Founded Startup

Publicly listed 2-wheeler maker TVS Motor will acquire 48% stake in DriveX, a two-wheeler startup co-founded by former Formula 1 driver Narain Karthikeyan for INR 85.4 Cr.
25/08/2022

SaaS Platform Scalenut Raises Funds From Saama Capital, Others

Artificial intelligence-based marketing and SEO startup Scalenut has closed a USD 3.1 Million funding round led by Saama Capital and Amit Singhal, former senior vice president of Google and head of Google Search. The company plans to use the funds to continue building the platform, hire talent and expand to […]
25/08/2022

Singularity, Others Invest INR 90 Cr In Men’s Apparel Brand XYXX

Surat-based men’s apparel brand XYXX Apparels has raised INR 90 Cr as a part of its Series B funding round led by Singularity Growth Opportunities Fund. The round also includes a venture debt of INR 15 Cr from Trifecta Capital. Existing investors Sauce Venture Capital and DSG Consumer Partners also […]
25/08/2022

Ultraviolette Raises Funds From Ferrari Backer EXOR Capital

Electric 2-wheeler startup Ultraviolette Automotive raised funding from Amsterdam-based Exor Capital. The investment is part of an ongoing Series D round of funding. The company did not disclose financial details of the funding round
25/08/2022

Work Fulfilment Platform Awign Raises USD 15 Million In Series B

eponymous on-demand work fulfillment platform Awign has raised USD 15 Million in a Series B funding round co-led by Bertelsmann India Investments and Amicus Capital Partners. Mynavi Corporation and existing investors – Unitus Ventures, and the Michael & Susan Dell Foundation (MSDF) also participated.
24/08/2022

Edtech Startup BrightCHAMPS Acquires English-Learning Platform Schola For USD 15 Million

Edtech StartUp BrightCHAMPS has acquired a Singapore-based live-learning platform for kids, Schola, in a USD 15 Million in cash and stock deal. Founded in 2019 by Aditya Gupta and Nhu Tran Le Thanh, Schola is a platform that provides a variety of courses in a live, one-on-one class model for […]
24/08/2022

Device Management Startup Servify Raises USD 65 Million To Offer After-Sales Services To End Consumers

Device management platform Servify has secured USD 65 Million in its ongoing Series D funding round led by Singularity Growth Opportunity Fund. AmTrust, the family office of Pidilite, and existing investors including Iron Pillar, BEENEXT, Blume Ventures, and DMI Sparkle Fund also participated in the round.
24/08/2022

Growfitter Raises USD 500 K From Venture Catalysts, Baksh Capital

Mumbai-based health and fitness discovery platform Growfitter has raised additional funding of USD 500,000 in an extended pre-Series A round co-led by Venture Catalysts and Baksh Capital. The startup plans to use the fresh capital in building technology infrastructure, expanding business operations, hiring and branding.
24/08/2022

Fintech startup Indium Finance raises INR 4.5 Cr from IAN

Non-banking financial institution (NBFC) Indium Finance has secured fresh funding of INR 4.5 Cr in an undisclosed round led by Indian Angel Network. The Mumbai-based fintech startup will deploy the fresh proceeds to onboard more customers, build product platform and expand teams across sales and technology
24/08/2022

Winuall Raises Funding To Help Coaching Institutes Create Online Courses

Kuzagan Technologies which operates social commerce startup Winuall has raised USD 2.2 Million in a pre-Series A funding round co-led by Dream Incubator and Inflection Point Ventures. The round also saw participation from existing investors Prime Venture Partners and Beenext.
24/08/2022

Loopworm Raises Funding To Build Sustainable Insect-Based Protein

Insect biotech startup Loopworm has raised seed funding of USD 3.4 Million in a round co-led by Omnivore and WaterBridge Ventures with participation from Titan Capital and angel investors including Nadir Godrej (Godrej Agrovet), Sanjiv Rangrass (former ITC official) and Akshay Singhal (Log9 Materials).
24/08/2022

Artificial intelligence-backed sales pipeline readiness company RevSure has secured seed funding of USD 3.5 Million

Artificial intelligence-backed sales pipeline readiness company RevSure has secured seed funding of USD 3.5 Million led by Innovation Endeavors, with participation from a host of angel investors. Founded by Deepinder Singh Dhingra in 2021, RevSure provides companies with insight into sales pipeline health and how to prioritize marketing and sales […]
24/08/2022

Private Wealth Advisory Platform Liquide Raises Pre-Seed Funding

Eponymous wealthtech platform has raised USD 2.2 Million in pre-seed funding from Singapore-based M Venture Partners and angel investors including Kunal Shah of Cred; BharatPe’s Shashvat Nakrani and Suhail Sameer; Ruchi Kalra, Ashish Mohapatra and other members of the Founders Fund by OfBusiness. Other participants in the round included Darwinbox […]
24/08/2022

Kalaari Capital, Beenext Others Invest In Skincare Brand Deconstruct

Skincare brand Deconstruct has raised USD 2 Million in a seed round, led by Kalaari Capital with participation from Beenext. Kalaari Capital made the investment in Deconstruct through its flagship program CXXO. The funding round also saw participation from Flipkart co-founder Binny Bansal
24/08/2022

E-Commerce Giant Amazon Invests In Used-Device Seller Cashify

Online used-device seller Cashify has raised INR 53 Cr from e-commerce major Amazon and existing investor Blume Ventures. In the latest funding, which appears to be a part of its ongoing Series E round announced in June 2022. Post this deal, Amazon will own a 2.12% stake in Cashify
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