21/03/2023

The UAE-based fintech Qlub raised USD 25 Million in a new funding round this week

The UAE-based fintech Qlub raised USD 25 Million in a new funding round this week. The round also saw participation from VC firms STV, Raed Ventures and Shorooq Partners. The startup plans to use the fresh capital to fuel growth and develop new offerings.
21/03/2023

Kuwait-based online coffee marketplace COFE raised USD 15 Million led by Wa’ed Ventures.

Kuwait-based online coffee marketplace COFE raised USD 15 Million led by Wa’ed Ventures. The funding is aimed to fuel the company’s e-commerce offerings.
21/03/2023

Almentor raised USD 10 Million in pre-Series C funding led by e&capital

The UAE-based edtech company Almentor raised USD 10 Million in Pre-Series C funding led by E&Capital to scale up investment in the business-to-consumer (B2C) segment and fuel its expansion into Saudi Arabia. Its existing investors include Sawari Ventures, Egypt Ventures, Partech, Endure Capital, and Sango Capital, who also participated in […]
21/03/2023

Fintech startup Univest has raised USD 1.5 Million in a seed funding round led by US-based Trinity Media group.

Fintech startup Univest has raised USD 1.5 Million in a seed funding round led by US-based Trinity Media group. The round also saw participation from a clutch of angel investors including Karan Goel (McKinsey), Sudhir Singhvi (Raheja Group) and Piyush Gupta (Tata AIA) amongst others. The Gurugram-based company will deploy […]
21/03/2023

Healthcare startup Sukino Healthcare Solutions has raised USD 6.04 Million in a Series A

Healthcare startup Sukino Healthcare Solutions has raised USD 6.04 Million in a Series A funding round from Stakeboat Capital. The Bengaluru-based firm will use the fresh funding for geographical expansion and to diversify its services.
17/03/2023

AI startup Adept raises USD 350 Million in fresh funding

Artificial intelligence (AI) startup Adept raised USD 350 Million in a Series B funding round led by General Catalyst and Spark Capital. The company plans to use the new funds to launch its initial products, train models, and recruit more AI talent.
17/03/2023

Visa application startup Atlys raising USD 12 Million from Sequoia and others

Online visa application platform Atlys has raised USD 12 Million from Sequoia Capital and Accel Partners. The company will use the fresh investments to build out its team and expand its coverage in India and other countries.
17/03/2023

Acko acquires healthtech platform ParentLane

New age insurance firm Acko has acquired Parentlane, a digital health platform in the maternity and child health space, for an undisclosed amount. With this acquisition, the combined entity will deliver personalised content and services to enable better healthcare choices, informed decisions, and improved outcomes.
17/03/2023

PhonePe raises USD 200 Million in additional funding from Walmart

Fintech platform PhonePe has raised an additional USD 200 Million in primary capital from Walmart. PhonePe plans to deploy these funds to build and scale new businesses like insurance, wealth management, lending, stockbroking, ONDC-based shopping, and account aggregators. The capital will also help PhonePe turbo-charge the next wave of growth […]
16/03/2023

Legaltech Firm Yellow Snags Seed Funding

Yellow, a startup founded by Niranjan Vemulkar and Nikhil Varghese, has raised an undisclosed amount in a seed funding round from Gruhas Proptech. Yellow aims to provide a cost-effective digital estate planning solution.
16/03/2023

Augmented-reality based in-restaurant ordering app peAR raised USD 507,943 in a pre Series A

Augmented-reality based in-restaurant ordering app peAR raised USD 507,943 in a pre Series A funding round co-led by 1crowd, Chennai Angels and Inflection Point Ventures (IPV). The Mumbai-based startup will use the capital for development of its technology stack and expanding its presence across geographies.
16/03/2023

Fintech firm Finsire has raised seed funding of USD 1.3 Million led by DevX Venture fund

Fintech firm Finsire has raised seed funding of USD 1.3 Million led by DevX Venture fund. The round also saw participation from iSeed, Spark Capital, 1947 Rise, Adept ventures and Portal Angel Investors, among others. Finsire plans to use the fresh capital towards increasing the team size, building more products, […]
16/03/2023

Direct-to-consumer (D2C) lifestyle brand Zouk has raised USD 3 Million in a Series A

Direct-to-consumer (D2C) lifestyle brand Zouk has raised USD 3 Million in a Series A funding round led by existing investor Stellaris Venture Partners. The round also saw participation from Sharrp Ventures, JJ Family Office, Dilip Khandelwal (Deutsche Bank India), Manoj Meena (Atomberg), Vineeta Singh and Kaushik Mukherjee (Sugar Cosmetics) among […]
16/03/2023

Aerem has raised USD 5 Million in pre-Series A funding round led by Avaana Capital

Climatetech startup Aerem, helps micro, small, and medium enterprises (MSMEs) to set up solar ecosystems, has raised USD 5 Million in pre-Series A funding round led by Avaana Capital, with participation from Blume Ventures. Aerem will utilize these funds to expand its suite of innovative solartech and financing solutions to […]
15/03/2023

Lightspeed, Chiratae-Backed HealthPlix Closes Series C Round

HealthPlix Technologies Pvt Ltd, which runs an artificial intelligence-based medical records platform, has marked the final close of its Series C funding round at USD 22 Million. The round was led by Avataar Venture Partners, with participation from SIG Venture Capital and existing investors including Lightspeed, JSW Ventures, Kalaari Capital […]
15/03/2023

One Impression has secured Series A funding of USD 10 Million from South Korea-based gaming company Krafton

Influencer marketing platform, One Impression has secured Series A funding of USD 10 Million from South Korea-based gaming company Krafton. The Gurugram-based startup will deploy the fresh proceeds for product development and geographical expansion.
15/03/2023

Online gaming startup BuyStars has raised USD 5 Million in its pre-Series A

Online gaming startup BuyStars has raised USD 5 Million in its pre-Series A funding round led by Lumikai, with participation from existing investors Chiratae Ventures and Leo Capital. The startup, operated by Arkimy Technologies Private Limited, will use the fresh money for launching new games on its platform and hiring.
15/03/2023

Gynoveda has secured USD 10 Million in a Series A funding round led by India Alternatives Fund.

Ayurveda-based women’s healthcare startup Gynoveda has secured USD 10 Million in a Series A funding round led by India Alternatives Fund. The round also saw participation from Wipro Enterprises, RPG Ventures, Dharampal Satyapal Ltd and Alteria Capital, with existing investor Fireside Ventures. The Mumbai-based startup will use the fresh funds […]
15/03/2023

Yellow Metal has raised USD 3 Million as a part of its seed funding round led by MSA Novo

Gold loan provider Yellow Metal has raised USD 3 Million as a part of its seed funding round led by MSA Novo, with participation from Spiral Ventures and existing investors WaterBridge Ventures and Java Capital. The firm will use the fresh capital to expand its technology team operations and boosting […]
15/03/2023

Optimized Electrotech has secured USD 2.4 Million in a pre-Series B funding round led by the Rajiv Dadlani Group.

Deeptech and defence tech startup Optimized Electrotech has secured USD 2.4 Million in a pre-Series B funding round led by the Rajiv Dadlani Group. The round also saw participation from Equanimity Investments and Venture Catalysts along with family offices and high net worth (HNI) investors. The Ahmedabad-based startup plans to […]
14/03/2023

Rockstud Capital Sets Up INR 300 Cr Angel Fund To Back 25 Indian Startups

Asset management firm Rockstud Capital launched an INR 300 Cr second fund to back pre-Series A and Series A-stage startups. The angel fund will invest between INR 1 Cr and INR 10 Cr in 25 startups in the digitalisation, sustainability, financial inclusion, consumption, and health sectors.
14/03/2023

Insurtech Startup Vitraya Bags Funding To Upgrade Technology For Healthcare Segment

Insurtech startup Vitraya has received USD 4.1 Million equity investment in a Series A funding round from AI-based insurance solutions provider Xceedance. Vitraya will use the proceeds to enhance its AI and blockchain technologies for healthcare insurance.
14/03/2023

Tech recruitment platform Coffeee.io has raised an undisclosed amount in its pre-seed round

Tech recruitment platform Coffeee.io has raised an undisclosed amount in its pre-seed round from Riverwalk Holdings. The Gurugram-based startup will deploy the fresh proceeds for geographical expansion.
14/03/2023

LifeSigns has raised an undisclosed amount in a pre-Series A

LS Devices Pvt. Ltd, which operates healthtech startup LifeSigns, has raised an undisclosed amount in a pre-Series A funding round from Chennai-based pathologist SP Ganesan. The startup will use the proceed to work more on technology and human resource to improve the user experience, bring efficiency in clinical data delivery, […]
Top