Entreprenuernewsnetwork

XQ Raises Usd 1.4 Mn To Transform Education By Teaching Video-creation In Schools

xQ, an edtech start-up which teaches kids the art & science of video creation has raised USD 1.4mn through a Gujarat-based angel syndicate along with a select group of HNI investors which includes senior leadership personnel from Google, Deloitte, Tata 1mg, Axis Capital, and award-winning international photographer Joseph Radhik. The startup was founded by IIM … Read more

F&V supply chain startup Wheelocity raises $12M In Funding

Wheelocity, a F&V supply chain startup that provides fresh produce to quick commerce companies, announced a $12 million Series A funding round on Tuesday. The capital will be used by the Chennai-based startup to develop new farm products, allowing its customer base to grow quickly and driving efficiencies throughout the F&V supply chain. Wheelocity, which … Read more

D2C Startup Mokobara raises $6.5M in Series A funding round

Mokobara, a D2C luggage startup, has raised $6.5 million in a Series A funding round led by Saama Capital and Sauce VC. Mokobara plans to invest the new funds in research and design. It will use the funds to expand into new categories, expand its team, and open experience centres. The Bengaluru-based startup, founded in … Read more

M2P Fintech leads seed investment in Account Aggregator platform Finvu

M2P Fintech, one of Asia’s leading API infrastructure provider led the USD 2.50 million funding round for the Account aggregator platform Finvu. Varanium Nexgen Fund, IIFL and DMI Sparkle Fund also participated in the round. Founded in 2017, Finvu is a registered and licensed NBFC Account Aggregator (NBFC-AA) from the Reserve Bank of India (RBI) … Read more

GrowthX Raises the Largest Ever Community Led Seed Round with 212 Investors

GrowthX (GrowthX.club), a social learning community of the top 1% of growth leaders, announced that 212 angel investors contributed to its seed round. This historic community-led fundraising in the Indian startup ecosystem saw participation from 200+ founders, leaders and operators across companies like Razorpay, Airbnb, Mamaearth, Meesho, Myntra, and Freshworks. Out of the 1.5 Million USD raised, … Read more

Lightbulb.ai bags $1.5 million in the pre-seed funding

Lightbulb.ai, an emotion ai and engagement analytics platform based in Mumbai, India, has raised $1.5 million in pre-seed funding. Chiratae Ventures and 9Unicorns led the round, with Anthill Ventures and VideoVerse joining as investors. Lightbulb.ai intends to use the new funds to expand the datasets for its machine-learning technology and to broaden its product offering … Read more

Fintech startup Progcap raises $40M as part of Series C Funding

Progcap, a startup in corporate financing, raised $40 million from investors in its Series C investment. The business had previously received $30 million from Creation Investments and Tiger Global. It raised a total of $70 million during the most recent round, valued at $600 million. The venture, which was established in 2017 by Pallavi and … Read more

Edtech startup Leap raises $75M in Series D round

Leap Scholar, an edtech business with operations in San Francisco, Bengaluru, and Singapore, revealed on Wednesday that it had raised $75 million (Rs 585 crore) in a Series D fundraising round that was primarily led by Owl Ventures. Along with previous investors Jungle Ventures and Sequoia Capital India, new investors Steadview Capital and Paramark Ventures … Read more

Homegrown beauty brand NutriGlow raises series A funding led by investment major G.O.A.T Brand Labs

Leading Indian skincare and cosmetics brand NutriGlow has secured Series A funding from the investment major G.O.A.T Brand Labs. Apart from its own website, with an extensive presence on all e-retail platforms including Amazon, Flipkart and Nykaa, the beauty brand is looking to use the funding for the development of infrastructure, research and development (R&D) … Read more

Esports startup FanClash raises $40M in Series B Funding

FanClash, a Bengaluru-based esports startup, has acquired $40 million in Series B funding to help it achieve its goal of creating a worldwide esports fantasy, data, and fan engagement platform. The current fund raise was co-led by existing investors Sequoia Capital India, Falcon Edge, and Info Edge India, as well as Matic Networks (Polygon). FanClash … Read more

Adtech startup ExperientialEtc raises 200K USD as seed fund from Startuplanes

Adtech startup ExperientialEtc has secured USD 200k in the recent seed funding round led by Startuplanes. The four-year-old startup is in the business of digital advertising using the latest technology such as Holograms, Augmented Reality, Mixed Reality, Immersive games and Innovative tech-led OOH. To date, the company has undertaken Digital and Out of Home campaigns … Read more

10-Month-Old MSME Banking Super-App ‘Mewt’ Raises US$4.6 Million In Seed Capital

mewt, a banking super-app for Micro, Small & Medium Enterprises (MSMEs) of India, today announced that it has raised US$4.6 million in a seed funding round. The round was led by global fintech investor Quona Capital, with participation from existing investor BEENEXT, DG Daiwa Ventures, Goodwater Capital, Allin Capital, and a clutch of fintech angels. … Read more

ANSR and Talent500 to invest $100M in helping Indian businesses build and expand global teams in partnership with Abu Dhabi Investment Office

ANSR, the market leader in enabling organizations to build, manage and scale global teams through Global Capability Centres (GCCs), today announced its partnership with Abu Dhabi Investment Office (ADIO) as part of ADIO’s $545 million Innovation Programme to drive innovation and growth for global businesses. ADIO will provide the companies financial and non-financial incentives to support their … Read more

Suniel Shetty-backed Vieroots to invest Rs.100 crore for nationwide expansion

Vieroots Wellness Solutions, a Bengaluru-based new-age wellness firm, is set to invest Rs.100 to open 50 Vieroots Experiential Centres across metro and tier – 1 cities in India by 2025. As a part of the expansion plan, the firm backed by Bollywood actor Suniel Shetty will open six first-of-its-kind interactive and immersive tech-driven Experiential Centres … Read more

Hyphen, India’s Leading Experiential Living Community, Raises $1 Million in a Pre-Seed Round

Hyphen, India’s leading experiential living community, today announced that it has raised $1 million in a pre-seed round. The fund constitutes a combination of equity and minority debt, with notable Angels from Silicon Valley and the GCC region. Hyphen’s fresh capital will be deployed towards expanding into new markets, launching new product types and integrating … Read more

Crowdfunding platform Milaap crosses INR 2000 cr

Milaap.org, India’s largest crowdfunding platform announces a major milestone achieved by its community of donors collectively raising INR 2040 cr on the platform through more than 85 lakh donations since its inception. Of the total contributions on the platform, the generosity of over 1 Lakh India’s salaried professionals form a sizable contribution of around INR … Read more