Entreprenuer News Network Bureau 
VeriSIM Life, the leading artificial intelligence (AI)-enabled, unique R&D decisions de-risker for breakthrough drug development, today announced it has closed its oversubscribed $15 million Series A round. The financing was led by Morpheus Ventures. Additional new investors include Debiopharm Innovation Fund and Colorcon Ventures, with continued support from existing investors OCA Ventures, Intel Capital, Serra … Read more
SaaS Capital, the leading provider of growth debt to software-as-a-service (SaaS) companies, today announced that it has closed its fourth fund with $128 million in limited partner commitments. This fund follows its successful predecessors in pursuing a highly focused strategy, solely serving growth-stage, private, B2B software companies looking for an alternative to dilutive equity capital. … Read more
Bag2Bag, a travel technology startup, based out of Bangalore, India which deals in online hotel booking have received their first external funding from a US based investor. This is still a tough phase in travel and hospitality sector, but Bag2Bag’s growth is significant, future plans are promising and the team is experienced which has established … Read more
Campus 365 Edunet Pvt Ltd, a Bengaluru-based edtech business, announced on Thursday that it has raised Rs 2.15 crore in seed funding led by Bengaluru-based angel investors. Campus 365 claims to offer a SaaS (software-as-a-service) platform that unifies school curriculum, teaching methods, and vendor resources. It was founded in 2017 by Mayank Singh, Sandeep Verma, … Read more
Mainstreet Marketplace, a sneaker resale marketplace, has raised an unknown sum in a seed fundraising round. Kunal Shah, founder of Cred, Raj Shamani, entrepreneur, digital content creator, podcaster, and investor, Varun Duggirala, founder of Glitch, Rohan Batra, MD, Cravatex Brands, Prashant Iyer, Rohit Raj, founder of Glitch, Bhavisha Dave, founder of Capsul, and Keshav Hingorani, … Read more
Anicut Capital, India’s foremost investment firm has announced the appointment of Adithya Bharadwaj as Vice President to lead its early and growth-stage investments function. Adithya will head the expansion of Anicut Capital’s investment into the startup ecosystem based out of Bangalore. He will be operating on the equity side, across stages and will also lead … Read more
TPG, a leading global alternative asset firm, and Fractal , a global provider of artificial intelligence and advanced analytics solutions to Fortune 500® companies, today announced that they have signed a definitive investment agreement. TPG is investing US$ 360 million in Fractal through TPG Capital Asia, the firm’s Asia-focused private equity platform, in a transaction that includes a combination … Read more
LivFin India Private Limited, situated in Delhi, has raised $2 million in venture loan from BlackSoil, a significant NBFC and notable credit player. Livfin, a Delhi-based fintech NBFC, has been providing supply chain finance to mid-to-large corporations since January 2018, by setting up programmes to lend to their suppliers/vendors and distributors/dealers/retailers using a ‘Anchor’-based financing … Read more
Bambrew, India’s largest one-stop innovative packaging solution provider as an alternative to single-use plastic, has raised pre-Series-A funding. Blue Ashva Capital and Supack Industries led a $2.35 million investment round. Mumbai Angels and other renowned angel investors took part in the round. The current influx of capital will be used to establish India’s first tech-enabled … Read more
Pictory Corp., an AI-powered video solution that empowers content creators and marketers to edit and produce videos automatically and at scale, today announced a $2.1 million seed round led by FUSE alongside participation from Voyager Capital. With the addition of 5000+ new clients in just three months, the Seed financing continues a recent trend of … Read more
Plixxo, MissMalini, Winkl, and Vidooly, India’s premier influencer management, marketing, and analytics platforms, have merged to become the Good Creator Co, India’s largest creator ecosystem. The Good Glamm Group’s clandestine purchases of Winkl and Vidooly are also revealed in this release. They’ve now formed their own company, the Good Creator Co. The Good Glamm Group … Read more
Bombay Shaving Company (BSC), India’s biggest hair removal business, has raised INR 160 crore in a round led by Malabar Investments, an Indian hedge fund. Patni Advisors, Singularity AMC, and other HNIs also took part in the round. This financing included ESOP sales for some of its workers as well as INR 45 crore in … Read more
The New Shop, India’s smartest 24-hour convenience store chain, has successfully opened its 41st store at Lucknow’s Chaudhary Charan Singh International Airport. This transit retail store is also the brand’s first airport flagship store, which was inaugurated by Mr. Suresh Chandra Hota IAP, Chief Airport Officer, Adani Lucknow International Airport Ltd, on December 07, 2021. … Read more
Zupee, India’s largest skill-based casual gaming company, has announced a first-of-its-kind strategic partnership with Jio Platforms Limited. This will entail integration of products and strong synergies in user engagement and distribution in a future-ready ecosystem that will benefit over 450 million users. With this new synergy, the aim is to build an ecosystem that will facilitate faster … Read more
Speciality chain Of Cardiac Clinics, Vaidya Sane Ayurved Laboratories Limited, a unique medical service institution popularly known as ‘Madhavbaug’ that treats chronic ailments like cardiac disease, diabetes, hypertension and obesity with the distinctive outlook of amalgamating technology with traditional healing of Ayurveda has filed its draft red herring prospectus (DRHP) and has received in principle, … Read more
On the mission to build the largest social live-streaming platform out of India, Bolo Live today announced that it has raised USD 2.4 million as a precursor to Series A, led by Orios Venture Partners. SOSV, Tremis Capital, LPA Ventures, and other HNIs also participated in its first VC round including existing investors Eagle 10 … Read more
