Investment firm Matrix Partners India has led a $4 million seed funding round for New York-based Emtech, a fintech company focused on modernizing central banks for financial inclusion and resilience. Other investors in this round include BTN, VestedWorld, Equity Alliance, and Lofty. Emtech will use the newly acquired funds to further develop its infrastructure tools … Read more
Monitra Healthcare, India’s first 24×7 extended remote cardiac monitoring diagnostic platform has closed its Pre-Series A funding, led by 91Ventures and Lavni Ventures. Monitra Healthcare raised USD 500K in equity funding led by 91Ventures (syndicate fund led by Pranay Gupta) and Lavni Ventures (Social impact VC fund). The round also saw participation from ACG World … Read more
After its success last year, entrepreneur and angel investor – well-known as the founder of Shaadi.com – Anupam Mittal has announced the return of the unique social-media-driven DreamDeal initiative to not only ignite an entrepreneurial spirit amongst the Indian youth and the less privileged sections of society but also give further impetus to it. Through the second iteration of … Read more
In response to the increasing challenges posed by urbanization and population growth, innovative space-saving furniture brand ‘Wallter Systems’ has successfully secured an undisclosed amount in a seed funding round, with the prominent backing of Inflection Point Ventures. The fresh infusion of funds is earmarked for bolstering Wallter Systems’ brand presence and expanding its operations. Wallter … Read more
Unstop, a Mumbai-based community and hiring platform, is in the process of raising $5 million in its first round of funding, with leading investments coming from Japan’s Job board Myanvi and digital learning platform Coursera, as reported by various media outlets. Joining them as investors in this funding round are Venture Catalysts, 9Unicorns, and Pankaj … Read more
Ramaiah Evolute, a prominent player in the Indian startup ecosystem, is thrilled to announce the launch of RE Cohort 3 for the year 2023. The RE Program, pioneered by Ramaiah Evolute, presents a groundbreaking approach to funding early-stage Indian startups. With a commitment to fostering innovation and empowering exceptional startups, the program will invest up … Read more
Mufin Green Finance Limited, previously known as APM Finvest Ltd., a New Delhi based Non-Banking Financial Company (NBFC), has successfully raised INR 80,000,000 (approximately USD 1 million) from Shell Foundation, a UK registered charity, according to a report by Economic Times. As an NBFC, Mufin Green Finance focuses on providing Electric Vehicle (EV) loans for … Read more
Terra Food Co. (TFC), a trailblazing gourmet cloud kitchen company, has achieved a remarkable milestone by raising $800,000 in its Pre-Series A funding round. This funding was secured from an esteemed group of investors, including Zero to One Fund, Twin & Bull Fund, ah! Ventures, and various international angel investors. Notably, existing investors like Lets … Read more
Dil Foods, a Bengaluru-based virtual restaurant operator, has successfully raised $2Mn in a Pre-Series A funding round. The brand’s mission is to collaborate with small to medium independent food businesses and restaurants to create a profitable brand that disrupts the meal market using an innovative asset-light model for food delivery, driving efficiency and maximizing profitability. … Read more
LeRemitt™, an innovative cross-border platform streamlining financial transactions, has successfully secured $1.25 million in seed funding, led by Axilor Ventures, with co-investment from Capital A. The funding round also saw participation from notable angel investors, including Ram Govindarajan (Founder of Wizfreight) and Sumit Agarwal (Founder of Vyapar). LeRemittTM is dedicated to empowering businesses, especially MSMEs … Read more
Delhi-based Wiom, a pioneering initiative aiming to provide affordable and unlimited home internet access to the next 100 million lower and middle-income households in India, has successfully raised Rs 140 crores in its Series A funding round led by RTP Global. A group of prominent investors participated in this funding round, including YourNest, Omidyar Network … Read more
Beyobo, a B2B commerce enabler that provides comprehensive solutions for cross-border procurement, has raised $5.5 million in Pre-Series A funding led by Inflection Point Ventures. SAN Angels, Indian Angel Network, and Hyderabad 6Angels also participated in the round, along with several other individual angels. The funding round was initiated by CENSIE Capital Partners, who acted … Read more
Mumbai-based GreenCell Mobility, a prominent pan-India shared electric mobility player, has entered into a Memorandum of Understanding (MoU) with REC, a government of India Public-sector enterprise, for a substantial commitment of INR 3,000 crore to promote sustainable transportation in the country. The INR 3,000 crore MOU, inked with REC, is dedicated to financing over 3,000 … Read more
ZYBER 365, a promising Web3 startup, has achieved a major milestone by raising $100 million in its Series A funding round, led by UK-based SRAM & MRAM Group. This significant investment has valued the startup at an impressive $1.2 billion, earning it the prestigious unicorn status, as reported by multiple media outlets. Founded in May … Read more
EvolveX accelerator, a startup accelerator led by the esteemed We Founder Circle (WFC), a global community of successful founders and strategic angels, has recently disclosed its investment in a Pre-Seed round of EVINDIA. EVINDIA is a groundbreaking influencer-driven social commerce platform catering to EV two-wheeler buyers. Having emerged as a standout startup from EvolveX’s Cohort … Read more
Kandle.xyz, an exciting crypto fantasy GameFi project hailing from Singapore, has recently announced the successful closing of a USD 1.7 million seed round, with Saama leading the investment. The funding injection will be utilized to further develop the platform and expand its user base, with a special focus on their flagship product, ‘Crypto Fantasy Leagues.’ … Read more
