30/05/2023

ShipEase has secured INR 4.5 Cr in a funding from revenue-based financier Recur Club

SaaS startup ShipEase, a SaaS-based supply chain solution for D2C and small and medium enterprise (SME) customers, has secured INR 4.5 Cr in a funding from revenue-based financier Recur Club.
30/05/2023

Balwaan Krishi has raised USD 2 Million as a part of its pre-Series A funding round led by Caspian Equity’s agriculture-focused fund

Agritech startup Balwaan Krishi, n agricultural technology company specialising in small farm machines, has raised USD 2 Million as a part of its pre-Series A funding round led by Caspian Equity’s agriculture-focused fund Caspian Leap for Agriculture Fund. The round also saw participation from a clutch of angel investors including […]
30/05/2023

LaundryMate has raised USD 6.25 Million in a pre-Series A funding round from Blume Founders Fund

New Age Consumer Services Pvt Ltd, which owns online laundry services brand LaundryMate, has raised USD 6.25 Million in a pre-Series A funding round from Blume Founders Fund, along with a host of angel investors including Ankit Bhati (Ola), Charudatta Deshpande (Cilix Capital), Jignesh Bhate (Molecular Connections), Karan Singh (Trilegal), […]
30/05/2023

Aeravti Ventures Hits First Close For Maiden Early-Stage VC Fund

Early-stage venture capital firm Aeravti Ventures has hit the first close for its maiden fund that aims to raise as much as INR 100 Cr. The fund will back startups across sectors such as deep-tech, deep sciences, biosciences, agri-tech, climate and enterprise tech. It will make investments between pre-seed and […]
29/05/2023

Atomberg raises USD 86 Million in Series C round led by Temasek and Steadview

Consumer appliances brand Atomberg has raised USD 86 Million in its Series C funding round led by Temasek and Steadview Capital with participation from Trifecta Capital and existing investors Jungle Ventures and Inflexor Ventures via a mix of primary and secondary transactions.
29/05/2023

Legal-tech startup Clara raised an undisclosed amount from Silicon Valley’s innovation platform Plug and Play.

Legal-tech startup Clara, it acilitates digitization and automation of legal tasks for entrepreneurs, raised an undisclosed amount from Silicon Valley’s innovation platform Plug and Play.
29/05/2023

Saudi Arabian B2B online furniture marketplace Baytonia raised seed funding of an undisclosed amount, led by Khwarizmi Ventures

One-year-old Saudi Arabian B2B online furniture marketplace Baytonia raised seed funding of an undisclosed amount, led by Khwarizmi Ventures with participation from angel investors. It aims to expand its offerings across Saudi Arabia and scale its operations.
29/05/2023

Lifemost raised USD 650 K in a pre-seed funding round from a group of angel investors

The UAE-based B2B health-tech startup Lifemost, an app-based platform for corporates to provide employees with mental healthcare services, raised USD 650 K in a pre-seed funding round from a group of angel investors to support product development and explore expansion into new Middle East and North African markets.
29/05/2023

ZainTech acquired cloud-native engineering firm Adfolks for an undisclosed amount

ZainTech, the digital and ICT solutions arm of Zain Group, acquired cloud-native engineering firm Adfolks for an undisclosed amount to expand its technology offerings and to widen its customer base. The acquisition will facilitate Zain’s plans to transform from a mobile operator to a multi-core digital ICT entity.
26/05/2023

Capri Global Acquires Majority Stake In Car Selling Platform

Capri Global Holdings Pvt Ltd (CGHL), the holding company for Capri Global Capital Ltd, has acquired a 51% stake in new-car selling platform CarLelo to expand its lending business. Capri Global is making an investment of INR 150 Cr for the acquisition. Capri Loans, will look to expand its presence […]
25/05/2023

Lightspeed-backed XFlow Raises USD 10.2 Million in Pre-Series A Round

Established in 2021 by Anand Balaji and Ashwin Bhatnagar, XFlow, a financial services and infrastructure company that simplifies the cross-border payments experience for businesses, has raised USD 10.2 Million in its pre Series A round. The round was led by Square Peg with participation from Moore Strategic Ventures and existing […]
25/05/2023

Amazon Leads USD 20 Million Round in Kids’ Fashion Brand Hopscotch

Kids’ fashion brand Hopscotch has raised USD 20 Million in a funding round led by Amazon. Founded by Rahul Anand, Hopscotch focuses on kids-focused lifestyle products that offer significantly higher margins and bigger basket and ticket sizes.
25/05/2023

Edtech Platform Ulipsu Raises USD 3.2 Million

Ulipsu, an edtech startup and multi-skill learning platform, has raised USD 3.2 Million and closed the Pre-Series A round at USD 5.7 Million. Launched in 2022, Ulipsu offers a plug-and-play learning infrastructure that provides schools to introduce vital skills like art and craft, language and communication, coding, artificial intelligence, finance […]
24/05/2023

Sequoia Surge leads USD 5.25 Million seed round in Gan.ai

Gan.ai, a generative artificial intelligence-based video creation platform, has raised USD 5.25 Million in its seed funding round led by Surge. The round also saw participation from Emergent Ventures and other angel investors.
24/05/2023

Event tech startup Ticket 9 raises pre-seed funding

Event tech startup Ticket 9, an event tech startup building SaaS products that provides a comprehensive suite of tools to create, manage, promote, and monetise events of any type and size, has secured USD 120 K in pre-seed funding round co-led by Prabhu Rangarajan, Vijay Pravin Maharajan, Ashok Vardharajan, Sundararaman […]
24/05/2023

Thena raises USD 5 Million seed fund co-led by Lightspeed and First Round Capital

Customer communications and intelligence platform Thena has raised USD 5 Million in a seed funding round co-led by Lightspeed and First Round Capital. The fresh proceeds will be deployed towards double down on product innovation and company expansion
24/05/2023

Edtech firm uFaber secures INR 25 Cr in Series A round

Online learning platform uFaber, offers specialized training programs to a diverse group of individuals, has secured INR 25 Cr in a Series A funding round led by Mastermind JPIN Capital Partners and Gray Matters Capital.
24/05/2023

Ice Cream Brand NIC Pockets USD 11 Million Funding From Jungle Ventures

Natural Ice Cream (NIC), an ice cream brand owned by Walko Food has raised USD 11 Million in a growth funding round led by Jungle Ventures. NIC plans to deploy the funding to expand its production capabilities, enhance product offerings and broaden its distribution reach.
23/05/2023

Ola Electric secures USD 300 Million funding

Electric scooter maker Ola Electric has secured USD 300 Million in its latest funding round led by a leading sovereign fund company and has received an overwhelming response from other investors. The money from the latest deal will be used by the company to immediately ramp up its capacity of […]
23/05/2023

Physis Capital announces first close of USD 50 Million fund

Growth-stage focused venture capital firm Physis Capital has announced its first close of CAT II USD 50 Million fund. Physis Capital will invest in startups looking to raise pre-Series A to Series B capital by Q3 2023.
23/05/2023

Insurtech startup Covrzy has raised INR 3.2 Cr in a pre-seed funding round led by Antler, with participation from Veda VC.

Insurtech startup Covrzy, a micro, small and medium enterprise-focused platform which aims to simplify the process of obtaining a business liability insurance, has raised INR 3.2 Cr in a pre-seed funding round led by Antler, with participation from Veda VC.
23/05/2023

Deeptech startup EMO Energy has raised USD 1.2 Million in a seed funding round co-led by Transition VC and Gruhas.

Deeptech startup EMO Energy, offers battery packs for light electric vehicles, which are powered by its proprietary technology, has raised USD 1.2 Million in a seed funding round co-led by Transition VC and Gruhas.
22/05/2023

Chalo raises USD 20 Million from Avataar Ventures

Bus tracking and ticketing service provider Chalo, tie up with local city bus operators across India, and providing GPS tracking and online ticketing for passengers has raised USD 20 Million from Avataar Ventures.
22/05/2023

Tiger Global Leads USD 18.85 Million Round In IoT Firm Infinite Uptime

IoT startup Infinite Uptime, offers predictive maintenance and condition-based monitoring solutions for process and manufacturing companies, has raised USD 18.85 million from Tiger Global. The round also saw participation from existing investors GSR Ventures, VenturEast, Mayfield, and Japanese firm THK.
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