Entreprenuernewsnetwork

Instoried secures $200m capital commitment from GEM

Instoried, a user-friendly, intuitive web platform designed to help people craft empathetic and more effective written content, has announced that  it has signed an agreement with the GEM Global Yield LLC SCS, an alternative investment group with offices in Paris, New York, and the Bahamas. Under the agreement, GEM will provide a Share Subscription Facility … Read more

Video platform Dyte announces US$11.6 million seed funding

Live video and audio calling platform Dyte today announced that they have raised US$11.6 million in seed funding from Unbound, Sequoia Capital India’s Surge and Nexus Venture Partners. The funding will be used to expand their product and engineering team and focus on international hires while building for a global market. Dyte is a developer-friendly, … Read more

XYXX onboards KL Rahul as Investor and First-Ever Brand Ambassador

XYXX, a premium men’s innerwear and comfort wear label, has signed Indian cricket legend KL Rahul as their first-ever innerwear and lounge wear brand ambassador. This partnership between the top cricketer and the brand would solidify XYXX as a market favourite and pave the road for new client acquisition. With KL Rahul as the face … Read more

Plum raises $35 million in Series C round led by A91 Partners

Plum, a100% vegan, cruelty-free &toxin-free beauty brand has raised $35 million (INR 270 crores) in a Series C round led by A91 Partners – a leading late stage-focused venture capital fund. The round also saw participation from existing investors Unilever Ventures and Faering Capital. To date, Plum has raised over $50 million from consumer-focused institutional … Read more

O’hi raises INR 3 Cr in seed funding from marquee investors

O’hi is the social networking app that took the first movers advantage using the power of real-life human interaction in the same physical space as café to allow people to make meaningful connections instantly. The firm has raised INR 3 Cr. in seed funding from marquee investors such as Rahul Mehta ( Managing partner DST … Read more

Health Supplement Brand Welly Raises USD 400K in Seed Round Led by Anthill Ventures

New Delhi-based health and wellness brand, Welly, raises $400K in a Seed round from Anthill Ventures. Founded by Urvi Raghbeer, Welly was selected under Athena, a one-of-a-kind scaling program by Anthill ventures supporting women founders. The funds raised will be utilized by Welly to expand the product portfolio, increase the customer base, and grow the … Read more

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