21/12/2022

Powerhouse Ventures leads USD 1.1 Million round in Bigyellowfish

Employee experience platform Bigyellowfish has raised USD 1.1 Million in its seed round led by Powerhouse Ventures with participation from Anicut Capital and Innoport. Co-founded by Soma Sundar Gollakota and Kunal Pancholi, Bigyellowfish enables business leaders across safety, HR, operations, and asset management with predictive signaling and decision support mechanisms […]
21/12/2022

Mount Judi Ventures leads USD 2 Million round in Bajo Foods

Keto, protein-based food brand Bajo Foods has raised USD 2 Million in a new funding round led by Mount Judi Ventures along with participation from Mr. S Ramadoral and KP Balaraj. Founded in 2019 by Sudarshan, Bajo Foods started with Keto products and provides low-carb food products – Keto packaged […]
20/12/2022

Delhivery Acquires Supply Chain Startup Algorhythm Tech

Logistics unicorn Delhivery has acquired 100% stake in the Pune-based startup Algorhythm Tech for an undisclosed amount. Further, as part of the deal, Algorhythm Tech will become a wholly-owned subsidiary of Delhivery
20/12/2022

Pheal has secured seed funding of INR 2.25 Cr

Pheal, an app that provides physical therapy tools care to physiotherapists has secured seed funding of INR 2.25 Cr from Mumbai-based fund Maheshwari Investors Private Limited and fitness industry veteran Pratik Agarwal.
20/12/2022

BetterPlace Raises Fresh Funds Via Issue Of Convertible Notes

BetterPlace, a platform for blue-collar workforce management, has raised USD 40 Million via the issue of convertible notes from MC Software Investments Holdings. Founded in 2015, BetterPlace provides KYC-based digital employee onboarding services, digitizing employee records, background verification services, skill development training and assessment, and attendance management services, among others. […]
20/12/2022

Plugzmart Raises INR 3.63 Crore In Seed Round

Smart EV Charger startup Plugzmart has raised INR 3.63 Crore in a seed round led by early-stage VC BlueHill Capital and followed by investors such as Meera Reddy of SKCL, Kartik Meyyappan, L. Ramkumar, Sivadas Raghava, and Shailaja Reddy. Founded by Vivek Samaynathan and Ragavendra Ravichandran, Plugzmart is an Original […]
20/12/2022

Anicut Capital, Sharrp Ventures Back The Ayurveda Experience

Fireside Ventures-backed direct-to-consumer (D2C) brand The Ayurveda Experience, operated by Transformative Learning Solutions raised INR 50 Crore in a fundraising round led by Anicut Capital. The Gurugram-based Ayurvedic health and wellness platform was founded in 2010, and has product offerings in segments including skincare, body care, personal care, food & […]
20/12/2022

Early-Stage Startup E-TRNL Energy Raise Funding

Mumbai-based battery tech platform e-TRNL Energy secured pre-seed funding of INR 7.5 Crore led by venture capital firm Speciale Invest, with participation from Micelio Mobility and CIIE. The startup will deploy the fresh proceeds to scale up its product portfolio and roll out advanced batteries.
20/12/2022

Aquaconnect Raises USD 15 Million In Series A Round

Coastal Aquaculture Research Institute Pvt. Ltd, which operates the aqua farmers’ network Aquaconnect, secured Series A funding of USD 15 Million led by impact investment venture capital firm Lok Capital. Aquaconnect, set up by Rajamanohar Somasundaram in 2017, is an online marketplace for fish and shrimp farmers to buy quality […]
19/12/2022

Xpedeon Raises Up To USD 10 Million

Construction software solution provider Xpedeon has raised up to USD 10 Million in funding from private equity firm Norwest. The company provides ERP for the construction Industry which includes cost estimation, budgeting, cost variation analysis, accounting, procurement, inventory management, payroll, subcontracting, and CRM
16/12/2022

Agritech Startup Grow Indigo Raises Funding To Grow Carbon Farming In India

Mumbai-based agritech startup Grow Indigo has raised more than USD 6 Million in a fresh funding round from Indigo AG, Mahyco, and high-net-worth individuals (HNIs). Founded in 2019, the startup offers agritech solutions to address climate-related changes in the agriculture process. Grow Indigo encourages the concept of farming carbon as […]
16/12/2022

Prosus, Accel Backs Virgio In A USD 37 Million Series A Round

Fashion startup Virgio has raised USD 37 Million as part of its Series A funding round, co-led by Prosus Ventures, Accel, and Alpha Wave Global. The company is building a fashion tech platform that will allow designers to access consumer preferences in real-time. It is also envisioning a tech-led network […]
15/12/2022

DSG, IDEO Invest USD 7.5 Million In Deepika’s Self-Care Brand

82°E, a self-care brand co-founded by actor Deepika Padukone, raised seed funding of USD 7.5 Million from DSG Consumer Partners and IDEO Ventures. 82°E, founded by Padukone and Jigar Shah, was launched last month with skincare as its inaugural category. The fresh capital will be used for 82°E’s team expansion, […]
15/12/2022

Dutch Investor FMO Backs Fintech Player NeoGrowth In Series D Round

NeoGrowth, an MSME-focused digital lender, has raised INR 300 crore in a Series D equity round led by FMO, a Dutch entrepreneurial development bank, along with existing investors. NeoGrowth claims to have connected with over 1,50,000 MSMEs since its inception and disbursed around $1 billion in loans. The Bengaluru-based fintech […]
15/12/2022

Spacetech Startup GalaxEye Raises Seed Funding

Spacetech startup GalaxEye Space has raised USD 3.5 Million in a seed round led by deeptech-focused venture capital firm, Speciale Invest. The round also saw participation from investors including Artha India Ventures, Veda VC, Anicut Capital, Upsparks, and entrepreneurs like Nithin Kamath (Zerodha), Prashant Pitti (EaseMyTrip), Abhishek Goyal (Tracxn) and […]
14/12/2022

Hexo raises pre-seed funding led by Antler India

Generative AI startup Hexo has raised USD 270K in its pre-seed round led by Antler India, via the VC firm’s Antler India Residency initiative. Founded by Vignesh Baskaran and Kunal Bhatia, Hexo offers a wide range of controls to make image generation much more predictable and accurate.
14/12/2022

Xponentia Capital Leads Fintech Startup Zype’s INR 146 Crores Funding

Fintech startup Zype, which is presently working in stealth mode, has raised INR 146 Crores in a funding round led by Mumbai-based private equity fund Xponentia Capital. With the fresh funding, Zype plans to build its technology platform, expand the team and acquire more customers and finally launch in the […]
14/12/2022

Fintech Startup Kredmint Bags Funding To Help MSMEs With Working Capital

Fintech startup Kredmint has raised about USD 2 Million in a fresh funding round. Angel investors including CRED’s Kunal Shah, Parkplus’ Amit Lakhotia, Junio’s Shankar Nath, and Unnati’s Amit Sinha, among others, have participated in the funding round. The startup will use the capital to build tech solutions and meet […]
14/12/2022

Former Google Search Head, Others Invest In SaaS Firm ProfitWheel

SaaS startup ProfitWheel raised INR 10 Crore as a part of its pre-Series A funding round from Ashutosh Garg (co-founder and chief executive at Eightfold AI), Amit Singhal (former head of Google Search), and Nigel Morris (former Dentsu International). Founded by Vivek Bhargava, Gautam Mehra, and Aman Khanna in 2020, […]
13/12/2022

Bengaluru-Based Bumble Bee Flights Raises Funds To Build Autonomous Air Taxis

Bengaluru-based autonomous air mobility solutions provider Bumble Bee Flights has raised INR 300 Crore from the UK-based technology conglomerate SRAM & MRAM Technologies and Resources Limited. Bumble Bee Flights plans to use the fresh funds to set up an assembly plant in Odisha for manufacturing air taxis whose first prototype […]
13/12/2022

GVFL Invests In Pet Grooming Startup Zoivane

Pet grooming platform Zoivane Pets, raised INR 5 Crore from GVFL Ltd in a seed funding round. Founded by Nishma Singhal and Kshitij Singhal in 2019, Zoivane Pets provides products that have natural ingredients, are paraben-free, and are tested by vets. The Surat-based startup will use the fresh funds for […]
13/12/2022

Silverneedle Ventures, Others Back IoT Firm ThingsUp

Pune-based internet of things (IoT) startup ThingsUp secured seed funding of USD 600K from venture capital firm Silverneedle Ventures, Udyat Ventures, Lead Angels, GSF Accelerator, and other angel investors. ThingsUp is a low-code platform that helps businesses to build and deploy IoT applications in a short span of time. The […]
13/12/2022

Foodtech Firm SaveEat Pockets Fresh Funding

Mumbai-based food-saving app SaveEat raised USD 500K from Credent Investment in a pre-seed funding exercise. Founded in 2021, SaveEat helps eateries sell their fresh surplus food and also allows customers to get fresh, quality food from places that would have otherwise gone to waste if not consumed in time. The […]
12/12/2022

Medtech Startup In-Med Secures Funding From Exxora, Others

Medtech startup In-Med Prognostics raised USD 2.13 Million in a seed funding round led by Exxora Trading LLP along with other angel investors. Founded in 2018 by Latha Poonamallee, Rajesh Purushottam, and Al Curran, In-Med offers AI-enabled image-processing software that helps radiologists and neurologists in assessing reports.
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