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B2B Startups

cKers Finance invests USD 1 Million in Gradiant’s industrial wastewater recycling & re-use project

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cKers Finance, an NBFC focused on financing sustainability and clean energy transition in India has announced a USD 1 million debt financing tie-up with Gradiant India Private Limited, a water treatment technology innovator. This facility is used to finance a 4MLD Effluent Treatment Plant setup on a Design-Build-Own-Operate-Maintain (DBOOM) for an invested grade off taker in the chemicals industry. Gradiant, … Read more

Shri Sarbananda Sonowal announces investment of Rs. 50 Crore in Maritime Start-ups by Cochin Shipyard

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Union Minister for Ports, Shipping & Waterways Shri Sarbananda Sonowal today announced in Kochi that Cochin Shipyard Limited has committed to invest an initial corpus of Rs. 50 Crore in Start-up companies engaged in the maritime sector. Shri Sonowal also unveiled the Government’s plan for building Hydrogen Fuelled Electric Vessels keeping pace with the Global … Read more

Student Ayurveda startup gets Rs 2.50 crore funding at Global Ayush Investment and Innovation Summit 2022

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Ministry of Ayush has taken several initiatives to encourage a startup culture in the field of traditional medicines. The three-day Global Ayush Investment and Innovation Summit (GAIIS 2022) also witnessed enthusiastic participation from startups and students, who showcased their products and various initiatives. In the exhibition held at GAIIS 2022, many established companies along with … Read more

Agritech Startup Poshn Raises $3.8 M In Funding

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Poshn, an agritech platform for wholesale processed commodities distribution and financing, announced in a press release that it has raised $3.8 million (Rs 28.8 crore) in a seed fundraising round headed by Prime Venture Partners with participation from Zephyr Peacock. The startup plans to use the new funds to expand and hire across engineering and … Read more

Vegan health wellness brand Fitspire raises $300k In funding

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Fitspire, a vegan health and wellness firm, has acquired $300,000 in funding from Ivor Braganza and Rajesh Sud, two worldwide marquee investors. Fitspire, founded in 2020 by IIM Lucknow graduate Vipen Jain, offers a variety of nutritional health and wellness products. Fitspire produces Vegan Proteins, Multivitamins, Vitality, Healthy Snacking (Bars and Peanut Butter), Weight Management … Read more

Ayu Health Secures $27 M In Series B Funding

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The Fundamentum Partnership, an early growth stage firm created by Nandan Nilekani and Sanjeev Aggarwal, led a $27 million Series B fundraising round for Ayu Health Hospitals. Existing investors Stellaris Venture Partners, Vertex Ventures, and Alteria Capital joined the round, as did US-based fund 57 Stars, Rohit MA-led Capier Investments, angel investors Ashish Gupta, Khadim … Read more

ITC to invest in D2C Community-Commerce Brand Mylo

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ITC intends to purchase a 10% share in Blupin Technologies Private Limited, the firm behind the Mylo brand. Mylo is a full stack community eco-system focusing on the parenting journey of young families, which was founded in 2017. Mylo provides a diverse and relevant selection of material, health tools, chats, and community sharing features to … Read more

“Fresh” Personal care D2C brand, Nat Habit raises $4 Million led by Fireside ventures

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Nat Habit, a personal care brand which uses FRESH natural, preservative & chemical free products, raised $4 Million in Series A funding. This round was led by consumer-brands-focused Fireside Ventures, along with participation from existing investors. The round also provided exits to some of the early angel investors. The new round will be used to accelerate growth, … Read more

Vayana Network Raises $15 Million In Series C Funding From PayU & IFC Invest

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Vayana Network Services Pvt Ltd, a digital trade financing network, has raised $15 million (Rs 114 crore) in Series C funding from the International Finance Corporation (IFC) and PayU. The Pune-based firm intends to use the additional funds to develop MSME-focused solutions. Vayana Network is a B2B trade financial intermediary that connects SMEs and corporates … Read more

Coimbatore-based agri startup VilFresh raises Rs 1.15 cr from Native Angels

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Native Angels, a Tier II and III region-focused angel investor network, led a Rs 1.15 crore angel fundraising round for Coimbatore-based agro firm Laymen Agro Ventures, which operates under the VilFresh brand. Upaya Social Ventures and Sangam Ventures also took part in the round. The business hopes to use the funds to expand to five … Read more

EV Startup Prakriti Secures Series A Funding From IEG

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Prakriti E-Mobility, an electric mobility startup, has received an undisclosed amount of lead investment from IEG Investment Banking Group as part of its pre-Series A funding round. The money will be used to grow the company’s electric vehicle (EV) fleet and install more charging stations across the country. It will also utilise the funds to … Read more

Rapido Raises $177.5 Mn From Swiggy and TVS Motor

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Rapido, a bike taxi startup based in Bengaluru, has secured $177.5 million in a fundraising round led by food delivery aggregator Swiggy. Another new investor, TVS Motors, also participated in the round. Rapido’s current investors, WestBridge Capital, Nexus Ventures, and Shell Ventures, all contributed to the round. Swiggy was reportedly in talks to lead Rapido’s … Read more

9am.health Raises $16 Million Series A Funding

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9am.health, a fast-growing virtual diabetes clinic that delivers personalized, affordable, and compassionate care directly to consumers, today announced a $16 million Series A funding round, bringing its total funding to date to nearly $20 million. The latest round was co-led by 7Wire Ventures and Human Capital and included participation from new investors StartUp Health and Leaps by Bayer, and existing investors Define Ventures and Founders Fund. 9am.health offers … Read more

ITILITE raises $29 Mn in Tiger Global and Dharana Capital led Series C Funding

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ITILITE, India’s fastest growing SaaS-based travel and expense management platform, announced its $29 Million Series C fundraise led by Tiger Global and Dharana Capital along with participation from existing investor Matrix Partners India and Tenacity Ventures. Despite adverse market conditions, ITILITE has seen 5x growth since its Series B round in 2020, as companies worldwide … Read more

Performance management SaaS startup Mesh raises $11M in Series A Funding

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Mesh, a performance management firm, announced on Wednesday that it had raised $11 million in Series A funding from RTP Global. According to the official release, the new funds will be used to help Mesh focus on establishing a global team in order to expand further in the US and APAC regions. Since its inception … Read more

PhableCare Raises INR 187 Cr (USD 25 M) in Series B Funding

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Bengaluru headquartered, PhableCare, India’s largest chronic disease management company, has raised Series B funding of INR 187 crores (USD 25 Million) within one year of raising Series A. The round was led by Kalaari Capital with participation from Aflac Ventures, Digital Horizon, Stride Ventures. Existing investors, Omron Ventures, SOSV, Social Starts, and Fresco Capital also participated in … Read more