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
Dil Foods, a company that works with small to medium-sized independent food enterprises and restaurants, just received $128,000 in angel finance. With this money, the company plans to expand and develop in Bengaluru. It has gone live for home delivery in 15 sites throughout Bengaluru in just over two months. It touts itself as an … Read more
Mahendra Singh Dhoni has been roped in to be the Brand Ambassador and Shareholder in Garuda Aerospace. About his association with Garuda, M S Dhoni said, “I’m happy to be a part of Garuda Aerospace and look forward to witness their growth story with the unique drone solutions they have to offer.” Agnishwar Jayaprakash, Founder … Read more
DJT Financial Services, targets first-time lady entrepreneurs, who are aspiring to create an income of their own and be the breadwinners in the family, together with their spouses. During Q3 & Q4 FY21, DJT Financial Services have disbursed over INR 10 crore to over 3300+ ambitious lady entrepreneurs. In addition, over the following 12 months, they … Read more
Imagindairy, Ltd, a foodtech business that develops animal-free milk proteins, has raised an extra $15 million in its extended seed round. The first round, which took place in November 2021, raised US$13 million. This raises the total investment capital to US$28 million, making it one of the most profitable seed rounds in the alternative protein … Read more
99 Pancakes, a Mumbai-based quick service restaurant (QSR), has raised Rs 6.5 crore from a group of angel investors in a round of fundraising. In the next months, India’s first QSR chain specialising in pancakes plans to use the funds for aggressive expansion and marketing across the country. The company, which recently partnered with major … Read more
Mankekar Family Office, Artha Venture Fund, Siddharth Shah, and API Holdings’ Dharmil Sheth, among others, led a $4.5 million pre-Series A fundraising round for Mumbai-based chess institution HobSpace. The money will be used to expand internationally and speed up product development. HobSpace will also put the money on technology to improve the students’ entire experience. … Read more
Fortis Digital Ventures is raising $100 million for an altcoin-focused digital assets fund. The fund attempts to bridge the gap between traditional and decentralised finance, according to a statement provided with CoinDesk by the company. Fortis Digital Ventures was founded by the managing partners of Fortis Financial Group, a Seattle-based investment firm with over $250 … Read more
Smytten, a product discovery and trial platform powered by technology, has raised Rs 100 crore in Pre-Series B funding from Fireside Ventures and Roots Ventures. Sharrp Ventures, Waao Partners, Survam Partners, and Sattva Group Family Office also participated in the fundraising round. The company’s valuation, while secret, has doubled as a result of this funding. … Read more
O’2 Nails, a fast-growing consumer and fashion retail firm specialising in nail care, has acquired $75,000 in funding from Atal Incubation Centre – BIMTECH and other notable investors as part of the Government of India’s Startup India initiative. The Seed Fund Scheme provides capital in the form of debentures. Under their “Gurukul” programme, AIC – … Read more
Adventum Student Living (ASL) announced on Monday that it has raised $5 million from investors (about Rs 38 crore). Adventum Student Living (ASL), which launched in 2020, helps students locate housing and education financing through its online platforms UniAcco, UniCreds, and UniScholarz. It also provides different assistance to students seeking higher education abroad. The company … Read more
