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
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
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
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 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
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, 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
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, 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
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
Micro, Small and Medium Enterprise (MSME)-focused fintech start-up HostBooks today announced that it has raised $3 Million in a Series-A funding round led by Razorpay,one of India’s Leading Full-Stack Financial Services Company. HostBooks plans to utilize the fund to not only add new features to its existing product suite but also to develop innovative products including a deep learning-based … Read more
Way2News, a city-based vernacular short news app, has raised USD 16.75 million in a Series-A round led by WestBridge Capital and Sashi Reddi, a well-known venture financier. According to a press release from the firm, this is WestBridge Capital’s first investment in India’s media and entertainment sector. Way2News, which was founded in 2016, provides short … Read more
Gurgaon based Intents Mobi, a geospatial intelligence startup, today announced that it has raised $1 Million in a funding round led by DevX Venture Fund. The round also saw participation from other investors like Unnati Labs and multiple marquee strategic angels from Logistics & Mobility sector whose ventures are backed by Tier1 VCs. The company … Read more
Pepper Content, a content marketplace, revealed on June 9 that it has raised $14.3 million in a Series A fundraising round led by Bessemer Venture Partners, as the company wants to expand its position in the US and branch out into additional categories. Pepper Content, founded in 2017 by Anirudh Singla and Rishabh Shekhar, enables … Read more
Pristyn Care, the leading healthcare provider, today announced the acquisition of the health-tech platform Lybrate to bring in synergies on overall healthcare delivery and foray into primary care. In the coming days, the companies will work towards combining the business operations seamlessly. The pandemic has brought about massive shifts in patient behavior, especially most of … Read more
Dubverse.ai, an AI-powered SaaS video content dubbing and creation platform has raised USD 800K in seed funding led by global funds including Kalaari Capital. Founded in 2021 by Varshul CW and Anuja Dhawan, Dubverse is the first-ever platform which supports end-to-end dubbing and produces ready-to-publish videos in real-time. The self-service platform allows full control to … Read more
