Venture Debt Fund 8vdX’s New Move To Aid Startups In Early Stages

Venture debt marketplace 8vdX has launched an initiative called Seedex Booster, aimed to provide up to USD 1 Million additional funding to startups in pre-Series A rounds. The new offerings under the initiative will look to provide bridge loans to Y-Combinator startups leading up to demo day

Lending Startup SarvaGram Raises USD 35 Mn Funding Round To Expand Offline Presence

Lendingtech startup SarvaGram has raised USD 35 Million Series C funding round. Elevar Equity, Elevation Capital, Temasek, TVS Capital Funds, and Elevar Equity participated in the round. SarvaGram will deploy fresh funds to expand its distribution network by adding 75 more outlets by the end of FY 2024

Self Reliant India Fund Commits Fresh Funding In Anicut’s Equity Fund

Chennai-based alternative assets firm Anicut Capital has received a commitment of INR 75 Cr from Self Reliant India Fund for its equity fund. The fund, with a targeted corpus of Rs 500 Cr, is expected to hit the final close by June this year

InCred Capital Acquires Wealth Management Startup Orowealth

Fintech startup InCred Capital has acquired wealth tech startup Orowealth in an all-cash deal for the launch of its retail-focused wealth tech platform ‘InCred Money’. However, the startup didn’t disclose the funding amount

Rebel Foods Secures INR 55 Cr Funding From InnoVen, Trifecta Capital

Foodtech unicorn Rebel Foods has reportedly secured INR 55 Cr in a debt funding round from existing investors InnoVen Capital and Trifecta Capital. Including the current fundraising, Rebel has cumulatively secured INR 225 Cr as debt funding so far in 2022

The Whole Truth Bags USD 11 Million Funding From Sequoia Capital, Others

Direct-to-consumer (D2C) food brand The Whole Truth (TWT) has secured USD 11 Million in a Series B funding round from existing investors Sequoia Capital and Matrix Partners. The development comes seventeen months after the startup secured USD 6 Million funding from Sequoia Capital India, Sauce.vc and Flipkart’s Kalyan Krishnamurthy, among […]

Ecozen bags USD 10 Million in new tranche

Agriculture-focused deep tech startup Ecozen has secured USD 10 Million from Nuveen Global Fund. Ecozen offers climate-smart deep tech solutions and core technology stacks including motor controls, IoT, and energy storage. The company has two core products Ecotron and Ecofrost. While the former is powered with robust hardware and software […]

E-cycle startup GearHead raises INR 6 Crores in pre-seed funding

E-cycle startup GearHead has raised INR 6 Crore in a pre-seed funding round led by Hemin Shah and Sudhakar Moparthy. Founded in 2020 by Nikhil Gunda and Meher Sai, GearHead is an electric cycle brand that produces electric cycles or e-bikes. It assembles the parts imported from countries by designing […]

Bolo Live bags over USD 5.5 Million led by AL Zarooni Emirates

Social media platform Bolo Live has raised USD 5.6 Million in fresh funding led by AL Zarooni Emirates. Bolo Live is a Social Live streaming platform that enables content creators to monetize their content via virtual gifting. The company claims to have over 1 lakh content creators monetizing on the […]

Agritech Company BioVeda Raises Funding From IAngels

Agritech startup BioVeda Agro Ventures secured undisclosed capital from India Accelerator’s angel investors’ network iAngels in a seed funding round. The fresh funds will be deployed for business expansion and scaling up its technology stack. Established in February this year, BioVeda is a digital platform that offers a host of […]

Sequoia-Backed Eduvanz Secures USD 12.6 Million Funding From Rethink Education, Others

Education-focussed lending tech startup Eduvanz has secured USD 12.6 Million in its extended Series B funding led by new investor Rethink Education Ventures. The round saw participation from S3 Partners Group, Juvo Ventures, Sequoia Capital and Unitus Ventures

Medify has raised USD 1 Million round led by Authum Investment and Infrastructure

Mumbai-based healthtech platform Medify has raised USD 1 Million in a seed funding round led by Authum Investment and Infrastructure, with participation from Global Media Ventures India and other angel investors

Hair Originals has raised pre-Series A funding of USD 1.25 Million

Artificial intelligence-backed hair extensions and wig startup Hair Originals has raised pre-Series A funding of USD 1.25 Million from Anicut Capital, Kesh Kala family office, Jito Angel Network, Lets Venture and former Zomato co-founder Pankaj Chaddah, among others. The fresh proceeds will be deployed to onboard more talents and boosting […]

Money View Bags USD 75 Million, Enters Soonicorn Club

Bengaluru-based fintech firm Money View raised USD 75 Million in a Series E capital raise round from UK-based asset manager Apis Partners, valuing the firm at USD 900 Million. Existing investors Tiger Global, Evolvence and Winter Capital also participated in the round, the fintech firm said in a release.

WeWork India Raises INR 550 Cr

Workspace provider WeWork India has raised INR 550 Cr from BPEA Credit, a private credit platform, for fuelling growth plans. WeWork India is a joint venture between commercial realty major Embassy Group, which owns majority stake in the firm, and WeWork International

Pioneer Fund Pumps Fresh Capital Into SaveIN

Credit-focused fintech startup SaveIn on Monday said it has secured a seed funding of USD 1 Million from its existing investor Pioneer Fund. It will use the fresh money for product development and scaling up its team and marketing footprint.

Advent Backs Tredence In Series B Fundraise

Bengaluru-based data science and artificial intelligence (AI) firm Tredence Inc, raised USD 175 Million, in its Series B fundraising round led by Advent International, for a minority stake. Tredence, which is based in San Jose and Bengaluru, was set up in 2013 by Shub Bhowmick, Sumit Mehra, and Shashank Dube, […]

Northern Arc India Impact Fund Raises INR 65 Crore

Private debt fund manager Northern Arc Investment Managers (NAIM), raised INR 65 crore for its eighth fund, from the Belgian Investment Company for Developing Countries (BIO). The Northern Arc Impact India Fund (NAIIF) will be used to support and address the funding gaps for impact enterprises (IE). Blue Earth Capital, […]

PhysicsWallah Acquires Minority Stake In Edtech Startup iNeuron

Edtech unicorn PhysicsWallah has acquired an approximately 19.5% stake in an online learning platform iNeuron. As per iNeuron, its existing investors–S Chand, S Chand’s directors, and Mukesh Sharma Family Trust have offloaded 6.5%, 3% and 10% respectively in the edtech startup and consequently sold their stakes to PhysicsWallah

SaaS Startup Codebuddy Bags Strategic Investment From INT

Software-as-a-service (SaaS) startup Codebuddy has received a strategic investment from INT (Indus Net Technologies). Through this investment deal INT plans to use Codebuddy’s SaaS offerings and render them to its non-enterprise customers

Drivio has raised USD 1 Million in seed fund led by Karini Ventures

Two-wheeler financing platform, Drivio has raised USD 1 Million in its seed funding round led by Karini Ventures and Vansun Capital. The Company plans to utilize the funds to improve the product and expand the services across the country.”

What’s Up Wellness raised a maiden angel round led by Puneet Sehgal

Digital wellness brand What’s Up Wellness has raised an undisclosed amount in its maiden angel fundraising round led by Puneet Sehgal (Hopscotch); Sahil Kukreja ( The Butternut Co.); Ritika Jaisinghani ( Elaa); Maharshi Ganatra, MGA) and Ritesh Ritolia (Boston Consulting Group)

Stride Ventures Makes Debt Investment In Battery Smart

Electric mobility startup Battery Smart has raised USD 9 Million in a debt funding round led by Stride Ventures. The battery-swapping startup is aiming to add more batteries to its network and expand to new cities across the nation

CollegeDekho Raises USD 9 Million in a new round

College admission and higher education services platform CollegeDekho has raised USD 9 Million from Janeville Limited. Founded in 2015, CollegeDekho connects students with colleges using its proprietary technology and conversation bot. It offers services like profile building, test preparation, application assistance, university selection, and visa assistance among others.