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
23/11/2022

Edmingle has raised USD 1 Million Round led by the Indian Angel Network (IAN)

Edmingle, a SaaS platform for small and medium-sized training and coaching businesses, has raised USD 1 Million in its Pre-Series A Round led by the Indian Angel Network (IAN). The round saw participation from Keiretsu Forum who also joined the Pre-Series A round, along with previous investors, SucSEED Indovation Fund […]
23/11/2022

Bonatra has raised INR 5.5 Cr in a pre-seed round led by ITI Growth Opportunities Fund

Bonatra, a doctor-led IoMT (Internet of Medical Things) start-up for men’s health issues, has raised INR 5.5 Cr in a pre-seed round led by ITI Growth Opportunities Fund. The funds will be used to expand technology and product offerings, build the team, and grow the customer base.
23/11/2022

Soptle has raised USD 300,000 in an angel round led by Kube VC and Soonicorn LLP

Soptle, a technology platform for manufacturers has raised USD 300,000 in an angel round led by global early-stage venture firm Kube VC and Soonicorn LLP. The round saw participation from Vaishnav Shetty (Executive Director of All-Cargo Group), Pirojshaw Sarkari (CEO of Gati Ltd), Ankur Agarwal (Co-founder of Dunzo), Saurabh Aggarwal […]
23/11/2022

Qualcomm Ventures, Lingotto Joins Ultraviolette’s Series D Round

Electric two-wheeler startup Ultraviolette Automotive Pvt Ltd has raised additional funding from Qualcomm Ventures and Lingotto (formerly Exor Capital) to expand the Series D round. The undisclosed amount of investment is part of an ongoing Series D round of funding that valued the company at USD 300 Million.
23/11/2022

Sequoia, Y Combinator Back RedBrick AI

RedBrick AI, a healthtech platform has raised USD 4.6 Million in a seed funding round led by Sequoia India and Southeast Asia’s Surge with participation from Y Combinator
22/11/2022

Battery Startup Clean Electric Raises Funding To Set Up A Manufacturing Facility

Battery startup Clean Electric has raised USD 2.2 Million in its seed funding round led by Kalaari Capital. Climate Angels, LV Fund, 7Square Ventures, and CIIE Regional Innovation Foundation also participated in the funding round. The startup will use the fresh funds for developing new products for faster charging, renewable […]
22/11/2022

AUM Ventures Sets Up VC Fund For Indian Startups

Venture capital firm AUM Ventures has launched its maiden VC fund for Indian startups. With this fund, AUM aims to bring its Indian portfolio companies to the UAE and further help them set up their regional base at ADGM. It will also invest in nascent sectors that have gained investors’ […]
22/11/2022

Bira 91 Raises USD 70 Million From Kirin Holdings

Indian beer startup Bira 91 has raised USD 70 Million from the Japanese beverage conglomerate Kirin Holdings. Kirin has increased its stake in the beer startup from below 10% to nearly 20%.
22/11/2022

Climate Angels Invests In Clean Electric

Angel investment syndication platform for pollution reduction and climate tech startups Climate Angels has invested in Clean Electric, an energy storage solutions startup, and helped it raise USD 2.2 Million in a seed round led by Kalaari Capital. The round also saw participation from LV Fund, 7Square Ventures, and CIIE […]
21/11/2022

Sixth Sense Ventures Backs ProcMart In A Series A Round

Business-to-business (B2B) marketplace ProcMart raised USD 10 Million in a Series A round from Sixth Sense Ventures LLP, the sole participant in the round. The company plans to deploy these funds to expand its international operations, strengthen vendor partnerships, and upgrade the firm’s technological and warehousing capabilities
18/11/2022

D2C Startup NirogStreet Bags USD 12 Million Funding To Strengthen Supply Chain, Product Offerings

D2C ayurvedic startup NirogStreet has secured USD 12 Million in Series B funding round led by Jungle Ventures. Spiral Ventures, ICMG Co-Creation Fund, family office of investor Anthony Weldon and angel investors DoorDash’s Gokul Rajaram and SMBC’s Rajeev Kannan also have participated in the round
18/11/2022

VuNet Raises Fresh Series A Funding

Analytics company VuNet-Funding has raised USD 5 Million in Series A funding round led by Mela Ventures and Athera Venture Partners, formerly Inventus India. The round also saw participation from Dallas Venture Capital and TVS Capital Funds
18/11/2022

BharatX To Invest USD 15 Million In Ecosystem Over 18 Months

Startup accelerator BharatX will invest USD 15 Million over the next 18 months in the Indian startup ecosystem. BharatX will also facilitate access to leading corporations along with a dialogue with policymakers
17/11/2022

CHARGEUP RAISES USD 7 MILLION IN PRE-SERIES A1 ROUND

Chargeup, a battery swapping network for electric two- and three-wheelers, has raised USD 7 Million in a pre-Series A1 round led by Capital-A and Anicut Capital along with other investors such as Ekta Kapoor, Sunil Kalra, and Sachin Mehra. The fresh funding will be used in expanding its services to […]
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.
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