Entreprenuernewsnetwork

Linkedin Envelope
Menu
Menu
Menu

B2B Startups

BimaKavach Raises Seed Funding of USD 2M Led by WaterBridge Ventures

by

Indore-based BimaKavach, a business InsurTechstartup, has raised $2m in seed funding led by WaterBridge Ventures, along with Blume Ventures, Arali Ventures and Eximius Ventures. The company aims to utilise these funds for designing new-age business risk covers, investing in its proprietary risk management technology and scaling business and teams. Tejas Jain, Founder, BimaKavach said, “In India, nearly 95 … Read more

3D reconstruction platform Preimage raises $1.7 million in a seed round

by

Preimage, a cloud-based 3D reconstruction tool, has announced that it has raised USD 1.7 million in a seed round from eminent angel investors including pi Ventures, Better Capital, Java Capital, and others. Preimage’s AI-first technology builds lifelike 3D digital clones of settings and assets using pictures as input. Preimage, a company founded by IIT graduates … Read more

The Mental and Emotional Healthcare startup LISSUN raises ~$1 Mn in Pre-Seed round

by

Lissun, a full-stack solution for mental and emotional healthcare, has announced the closing of their ~$ 1 Mn Pre SEED fundraise round. The round led by IvyCap Ventures witnessed participation from syndicates like We Founder Circle and Supermorpheous, along with marquee angel investors like Gaurav Munjal (Co-Founder and CEO at Unacademy), Harsh Jain (COO, Groww), … Read more

Mahindra Logistics acquires Rivigo’s B2B express biz

by

Mahindra Logistics Ltd. (MLL) and Rivigo Services Private Limited (RSPL) announced that they had reached agreement for purchase of RSPL’s B2B express business by MLL. Under the terms of the agreement, MLL will acquire the express business through a Business Transfer Agreement (BTA), including the customers, team and assets of RPSL’s B2B express business, RSPL’s … Read more

Molbio Diagnostics raises $85 mn from Temasek

by

The Goa-based diagnostics chain Molbio Diagnostics Pvt. Ltd. has received an investment of $85 million (about 680 crore) from the Singaporean investment company Temasek. Truenat, a platform that uses PCR technology to detect at least 22 infectious diseases including tuberculosis, swine flu, dengue, and HIV, is developed and marketed by Molbio and subsidiary Bigtec Labs. … Read more

Nirmalaya Raises $800k in Seed Funding Round

by

Founded in late 2020 by Bharat Bansal, Surbhi Bansal, and Rajeev Bansal, the NCR-based natural fragrance brand Nirmalaya has successfully raised $800k in their seed funding round, led by Artha Venture Fund along with key investors including The DotIn Network, Shiprocket – Huddle Accelerator, Flawless Company Family office and other marquee angels. Nirmalaya is a … Read more

Bihar Based online Meat Delivery Brand Freshsharp raises $125K in Seed Funding

by

Freshsharp, a Bihar Based start-up that sells fresh meat, seafood and other fresh animal protein online has raised seed fund of $125k through equity from lead investor Ok Acquired (lending partners by a corporate lending financial services company), and angel Investor Syed Akbar Raza Ahmed & Hussain Ahmad. With this new round of seed funding … Read more

Univest Secures Pre-Seed Funding of ~3.8 crs

by

Univest, a fintech startup making a sophisticated one resolution for inventory markets, secured funding from angel buyers in its pre-seed part. The fintech platform secured funding value ~3.8 crs, to be utilized in the direction of product launch and crew constructing. Univest – the brainchild of Pranit Arora and Avneet Dhamija, was began with the … Read more

TurboHire raises USD 2 million in Pre-Series A round

by

Funds will be utilized to improve product automation and scale up revenue globally TurboHire, an AI-powered recruitment automation platform, has announced raising USD 2 Million in a Pre-Series A round co-led by Pentathlon Venture Capital and The Chennai Angels; and participated by the Telangana Fund, Purvansh Holdings, and the Mumbai Angels and Hyderabad Angels, with … Read more

KKR Invests in Hero Future Energies in $450 Million Transaction

by

KKR, a leading global investment firm, and Hero Future Energies (“HFE” or the “Company”), the renewable energy arm of the Hero Group, today announced the signing of definitive agreements under which KKR and the Hero Group will invest $450 million in the Company. This investment will position HFE for continued growth and support its efforts … Read more

D2C Ecommerce secures INR 60 million in its initial seed funding

by

D2C Ecommerce, an Indian multi-brand e-commerce platform, today announced its official launch in the country. The start-up has also raised INR 60 Million, in its seed funding round led by industry stalwarts including Ravi Khushwani, Founder of Greensoul Brand & other industry veterans. As per a recent report commissioned by Confederation of Indian Industries (CII) … Read more

Cold Chain Solutions Provider New Leaf Raises INR 6.15 Cr in Funding

by

The Founder of Asana, Dustin Moskovitz, a US-based entrepreneur-turned-investor, provided INR 6.15 Crore in equity capital to New Leaf Dynamic Technologies, a provider of cold chain solutions, for its Pre-Series A Round. Co-founded by Akash Agarwal, New Leaf’s refrigeration technology utilizes biomass and farm waste to facilitate the increase of income for micro-enterprises by prolonging the … Read more

D2C startup Beco raises $3 million in Series A round

by

Beco, a Mumbai-based company that makes environmentally friendly personal care products, raised $3 million in a Series A round of funding on September 12, 2022. The round was led by Rukum Capital, Priyavrata Mafatlal, Better Capital, Prashant Pittie, and Titan Capital. Aditya Ruia, Akshay Varma, and Anuj Ruia launched Beco in 2019 with the goal … Read more

Procurement Management Platform Procol Raises 51 Cr in Funding

by

With involvement from current backers Blume Ventures, Beenext, and Sequoia Surge, procurement management software Procol has received INR 51 crore in funding from GMO Venture Partners, Alarko Ventures, Esas Ventures, FounderBank Capital, and Anchorage Capital. Gaurav Baheti (ex-Google New York, Zomato, iSPIRT, Forbes Asia 30 under 30) and Sumit Mendiratta created Procol in 2018. (ex-OYO, … Read more

PickMyWork raises $1Mn in seed funding round

by

PickMyWork, a startup that assists digital companies to acquire end customers (individual users and merchants), has announced raising USD 1Mn in Seed round. The round led by SOSV’s Orbit Startups witnessed participation from an array of esteemed investors including Soonicorn Ventures, Upaya Social Ventures, Blume Founders Fund, Venture Catalyst, Mumbai Angels, 888 Network, Imperier Holdings … Read more

Affirma leads $40-million funding in EPACK Durable

by

Durable Pack Pvt. Ltd, the second-largest room air conditioner (RAC) contract manufacturer in India, is raising $40 million in funding, with Affirma Capital serving as the round’s lead investor. EPACK manufactures RACs and small home appliances (SHAs) for Indian and MNC brands in facilities in Dehradun. The company produces a variety of RACs, including split … Read more