Entreprenuernewsnetwork

Draup secures USD 20 Million in Series A funding

The B2B software as a service company Draup Inc., announced today that it has secured its first round of institutional financing to accelerate product development, enhance customer experience, and develop new use cases to help customers achieve better business outcomes across both talent management and sales growth. Draup’s first investment is led by HKW, a … Read more

Spice Story raises a pre-series A round from Agility Ventures and others

Spice Story, a Mumbai-based startup firm has raised an undisclosed pre-series A round fund from Agility Ventures, Maxar.vc, Nafa capital and select FMCG industry leaders viz. Anupam Bokey, Anand Dhodapkar, etc. The raised capital will be primarily used to bolster the distribution network and continue to build scale on the online platforms. Earlier, the brand … Read more

Provet Pharma Raises Fund from N+1 Capital

Provet Pharma Private Limited, headquartered in Chennai, one of the fast-growing animal health care companies in India, raises an undisclosed amount from N+1 Capital, one of India’s largest revenue-based growth capital funds. The Company will be using this fund to support its expansion plans of all its operating verticals. Devansh Shah, Bilanz Capital Advisors is … Read more

Looppanel Announces USD 1 Mn in Pre Seed Funding

Looppanel, which allows product & design teams to analyze and share insights from Zoom-based user interviews in minutes, announced a USD 1 million Pre-Seed round of funding led by Speciale Invest. Additional funding is coming from First Cheque, angel investors and a grant from Sequoia Capital India as part of the Sequoia Spark program. Looppanel … Read more

Amagi turned Unicorn after Raising $95 M In Funding Round

Amagi, a media-focused SaaS firm, became the 11th to reach the unicorn club this year after raising $95 million in a funding round headed by Accel. Existing investors such as Norwest Venture Partners and Avataar Ventures joined the investment round as well. Amagi, which was founded in 2008 by Baskar Subramanian, Srinivasan KA, and Srividhya … Read more

Cosmofeed Raises $1.5 M In Seed Round

Cosmofeed, a dynamic content monetization & consumption platform that enables creators to digitally and seamlessly optimize, monetize, and manage their audiences has announced raising US $1.5 million in seed funding. The round was co-led by growx ventures, Waveform Ventures, & 9 Unicorns with participation from Singapore-based investment holding company Silk Bridge Partners (SBP). Industry leaders like Swati Mohan (CBO – Heads … Read more

Curelink raises USD 3.5 mn in seed funding round

Curelink, a health-tech platform, announced on Wednesday that it has secured USD 3.5 million (about Rs 26 crore) in a seed round led by Elevation Capital and Venture Highway. Curelink, founded by Aman Singla and Divyansh Jain in 2021, links doctors and patients via WhatsApp. “Curelink is now operational in Gurugram and Bhopal, with ambitions … Read more

Jungle Ventures and Tiger Global invest $12M in Employee Experience Platform, inFeedo

New Delhi & Singapore-inFeedo, Asia’s leading employee experience platform, has announced $12M in Series A funding led by Jungle Ventures, with participation from Tiger Global and existing investors like Bling Capital. Other investors to join the round include top CHROs and founders like Bhavin Turakhia (Founder Zeta), Sreedhar Peddineni(Co-founder Gainsight), Suman Gopalan (CHRO Freshworks) and … Read more

Alpino Health Foods, a Shark Tank Brand, Raises Funds through Revenue Based Financing before its Seed Round

Alpino Health Foods, the brand of healthy breakfast food products, announced today that it has raised an undisclosed amount in a Revenue Based Financing round from patron investors on the Klub platform. A part of this fund will be dedicated to branding, marketing and building the team. Alpino Health Foods is one of the few brands that … Read more

Nazara Commits 30 Cr to Griffin Gaming Partners Fund II over next 3 years

Nazara Technologies Limited, an India based, diversified gaming and sports media company and its wholly owned subsidiary Nazara Technologies FZ LLC announced investment in Griffin Gaming Partners (Griffin) Fund II, L.P as a Limited Partner in the Fund. Nazara Dubai is a Limited partner in Griffin Gaming Partners Fund II, L.P for a capital commitment … Read more

Fintech startup Perfios turns unicorn raises $68M in funding

According to paperwork filed with the Registrar of Companies on Monday, Bengaluru-based Perfios Software Solutions secured around $68 million (Rs 525 crore at current exchange rates) from returning investors Bessemer Venture Partners and Warburg Pincus as part of its ongoing Series C round (RoC). Perfios was founded in 2008 by former Aztecsoft founders VR Govindarajan and Debasish Chakroborty as a business-to-consumer personal finance management solution. In 2012, the company shifted its focus to providing banks and NBFCs with insights based on data analysis of bank statements, tax filings, and business financials for credit evaluation, monitoring, fraud, and other services via its platform. The digital solution from Perfios assists financial institutions in reducing turnaround time and improving credit decisions. … Read more

Just Dogs raises $7M in funding from Sixth Sense Ventures

Just Dogs has acquired $7 million in funding from consumer-focused venture fund Sixth Sense Ventures to develop a full-stack internet experience for pet parents. Just Dogs is a pet product and service omnichannel retailer. According to a release, the firm serves 1.5 lakh customers and has 42 locations. The chain is the largest retailer for … Read more

Locofast raises $15M In series A funding

Stellaris Venture Partners and Chiratae Ventures contributed $15 million to Locofast, a fashion supply chain platform. Locofast is a business-to-business (B2B) platform for textile manufacturers and buyers founded in 2019 by serial entrepreneur Deepak and his co-founder Mohit Piplani — with whom he previously worked on his previous startup, WeAreHolidays. Locofast Online Services Pvt Ltd … Read more

Volopay raises $29M in Series A round

Volopay, a Singapore-based corporate cards and expenditure management business, raised $29 million in a Series A financing that included both equity and debt. Volopay has grown at an exponential rate since its inception. The platform’s 150+ member workforce is dispersed across Singapore, Australia, India, Indonesia, and the Philippines, and its clients include Antler, Dathena, CoinDCX, … Read more

BNPL platform Snapmint raises $9M in Series A round

SnapMint, a Mumbai-based fintech firm, announced a $9 million Series A investment led by Prashasta Seth, CEO and CIO of Prudent Investment Managers, on Tuesday. Snapmint, founded in 2017 by IIT Bombay classmates Nalin Agrawal, Anil Gelra, Abhineet Sawa, and Rahul Agarwal, is a BNPL (Buy Now Pay Later) platform that allows Gen Z consumers … Read more

Kuhoo raises $ 20 million seed fund from West Bridge Capital

To bridge the gap between aspirations of talented Indian students and reality, a one-of-its-kind student loan fintech platform Kuhoo promises to transform the sector. The brainchild of a former ICICI, HDFC Credila & InCred executive, and a banking veteran Prashant A Bhonsle, Kuhoo, has raised a whopping $ 20 million seed fund from West Bridge … Read more