Entreprenuernewsnetwork

Linkedin Envelope
Menu
Menu
Menu

B2B Startups

Fintech startup Perfios turns unicorn raises $68M in funding

by

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

by

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

by

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

by

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

by

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

by

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

Social media platform Koo raises $10 Mn funding from over 20 Investors

by

Koo, a social media platform, has raised more than $10 million in two rounds of funding from investors such as Ashneer Grover Caspier Venture Partners, Ravi Modi Family Trust, and others. Koo is a less restrictive social media microblogging platform. It was launched in March 2020 by the co-founders of vocal (Aprameya Radhakrishna and Mayank … Read more

Zest DOOH raises $2 million for its ‘Solar OOH’ project

by

Zest Outdoor, a leading OOH company has raised $2 million for its ‘solar OOH’ project. Zest Outdoor announces itself as a Green DOOH company that focuses on the lifeline of Mumbai, the Indian Railways, by a significant chunk of India. This solar project includes the installation of 12,000 sq. ft solar panels to be set … Read more

Shipsy Raises USD 25 Million in Series B To Accelerate Global Expansion and Product Innovation

by

Shipsy, a leading SaaS-based smart logistics management platform provider, has raised USD 25 million in a Series B round co-led by A91 Partners and Z3 Partners along with existing investors Info Edge and Sequoia Capital India’s Surge. The funding will enable Shipsy to continue growing its stronghold in the Middle East, India and Southeast Asian markets while accelerating global expansion … Read more

Online Dispute Resolution Platform Presolv360 Raises USD 1.08 Million in Seed Funding from MGA Ventures, Omidyar Network India, and Others

by

Presolv360, an Online Dispute Resolution (ODR) platform that offers technology-driven new-age solutions for resolving disputes, has raised $1.08 Million (INR 8.13 crores) in seed funding from MGA Ventures (Ashra Family Office), Omidyar Network India, and the round also saw participation from family offices like Inspira Enterprises, M Pallonji, Jeena and Co., Fine Fragrances, and other … Read more

Battery swapping startup Chargeup raises $2.5 mn in Series A funding

by

Chargeup, a business that swaps out batteries, has secured $2.5 million (Rs 18 crore) in a pre-Series A investment led by Capital-A and Anicut Capital. Tiger Shroff, Aman Gupta and Sameer Mehta (founders of boAt), as well as Shraddha Kapoor, took part in the funding round. The cash will be used to expand its network … Read more

Wholsum Foods raises $7M In Funding

by

Wholsum Foods, the parent business of children’s food brand Slurrp Farm, secured $7 million in a new round headed by Investment Corporation of Dubai, the sovereign wealth fund of the Government of Dubai, and current investor Fireside Ventures on Wednesday. Slurrp Farm, founded in October 2016 by Meghana Narayan and Shauravi Malik, aims to provide … Read more

Sales engagement platform Vymo raises $22M in Series C Round

by

Vymo, an intelligent sales engagement platform for financial institutions, has secured $22 million in a Series C round led by Bertelsmann India Investments, with participation from current backers Emergence Capital and Sequoia Capital. Vymo, founded in 2013 by McKinsey graduate Yamini Bhat and Google alum Venkat Malladi, helps improve sales performance through bottom-up insights and … Read more

Fintech SaaS startup Xoxoday raises $30M

by

Giift, a global provider of loyalty management solutions backed by Apis Growth Fund II, a private equity fund managed by Apis Partners LLP, announced on Wednesday that it has invested $30 million (Rs 225 crore) in Xoxoday, a Bengaluru-based fintech startup in the rewards, incentives, and payout space. Almost a decade ago, the four founders … Read more

Krishify raises $6.2mn Pre-Series A funding round

by

Krishify, a rural social network, has raised USD 6.2 million in Pre-Series A funding from Omnivore, an agritech venture capital firm, as well as current investors Ankur Capital, Omidyar Network India, and Orios Venture Partners. Krishify, based in Gurugram, was formed by IIT grads Rajesh Ranjan, Manish Agrawal, and Avinash Kumar in 2019. Rajesh formerly … Read more

Gurugram based Fleetx.io raises $19.4M in Series B round

by

FleetX, a Gurugram-based freight visibility and fleet management platform, announced on Tuesday that it has raised $19.4 million in Series B funding led by IndiaMart, with existing investors India Quotient and BEENEXT participating. Vineet and his co-founders Abhay Jeet Gupta, Udbhav Rai, Parveen Kataria, and Vishal Misra launched the company in 2017. It promises to … Read more