V-Ensure Pharma Technologies, a contract medication manufacturing company, announced on Tuesday that it had raised Rs 130 crore ($17.5 million) in capital from Investcorp and Tanas Capital, an Asia-based private investment group. The new funding will be used to seek expansion prospects in North America, Europe, and other global markets for product development and launch. … Read more
MediBuddy, India’s leading end-to-end digital healthcare platform, has raised USD 125 million in Series C funding from Quadria Capital and Lightrock India along with participation from existing investors Bessemer Venture Partners, India Life Sciences Fund III, Rebright Partners, JAFCO Asia, TEAMFund LP, FinSight Ventures, InnoVen Capital, Stride Ventures, andAlteria Capital. MediBuddy provides its users with … Read more
TVS Capital Funds, Premji Invest, and Binny Bansal’s 021 Capital led a $12 million Series B fundraising round for SaaS firm Increff. The funding will be used by the Bengaluru-based business to open offices and enhance its staff in the United States and Europe, as well as to expand its product and service offerings. Increff, … Read more
DealShare, a social commerce firm located in Jaipur, announced on Thursday that it has raised an additional $45 million as part of its ongoing Series E fundraising round from an Abu Dhabi Investment Authority wholly-owned subsidiary (ADIA). The rapidly developing social commerce startup, founded by Vineet Rao, Sourjyendu Medda, Sankar Bora, and Rajat Shikhar in … Read more
Agrim Wholesale, an agritech firm, raised $10 million in a Series A round led by Kalaari Capital, with current investors Omnivore, India Quotient, and Accion Venture Labs joining in. As part of their Bharat Banking effort, Axis Bank also participated in the round. AGRIM is a digital platform for the agri-inputs business that connects merchants … Read more
Entri, a Kochi-based online learning platform that empowers applicants through local language lessons, has raised $7 million in a Series A round led by Omidyar Network India, with participation from Boston-based Innospark Ventures and Hong Kong-based private equity firm Integrated Capital. Entri.app, which was founded by Mohammed Hisamuddin and Rahul Ramesh in 2017, claims to … Read more
Sumeru Ventures led a Series C fundraising round for GOQii Inc, which raised $50 million. GOQii, a smart-tech-enabled healthcare platform founded in 2014 by Vishal Gondal and headquartered in California with operations in Mumbai, is a smart-tech-enabled healthcare platform that connects customers to the full preventative healthcare ecosystem. Fitness tracker, app, coaching, healthstore, insurance, and … Read more
EventX, an Asian-focused event SaaS startup that provides organisations and marketers with event lead generation and event management solutions, acquired an additional $8 million in Series B plus funding on Wednesday, increasing the firm’s Series B total to $18 million. GL Ventures led the round, with participation from other investors. With engineering, business development, and … Read more
Bold Care, a science-backed men’s healthcare D2C (direct-to-consumer) start-up, today announced raising Pre-Series A funding from Sharrp Ventures, Anthill Ventures, Stanford Angels & Entrepreneurs, ShipRocket, along with participation from existing investors NB Ventures and Huddle. The undisclosed funding will be used for product development and the company’s growth plans focused towards soon raising Series A … Read more
Sushma Group, a real estate company based in Punjab, has raised Rs 100 crore from Motilal Oswal Group for the building of a residential project. The funds will be used to expand Sushma Joynest MOH 1, the company’s current housing project in Zirakpur, Punjab. In this 10.75-acre project, the business is building approximately 1,050 units, … Read more
Altigreen, an electric vehicle manufacturer, announced on Friday that it has raised $39.8 million in a Series A round of funding to expand its EV manufacturing, launch new products such as LCVs, and increase its national footprint. Altigreen, a provider of electric vehicle technology and solutions for commercial last-mile transportation via two, three, and four-wheeled … Read more
Renee Cosmetics, a beauty brand, raised $ 10 million in a Series A round headed by Mensa Brands on Friday. Existing investors, such as Equanimity Investments and 9Unicorns, participated in the round as well. RENEE Cosmetics is a cruelty-free cosmetic brand founded in 2019 by Aashka Goradia Goble and Beardo co-founders Ashutosh Valani and Priyank … Read more
US, Australia, and Bengaluru-based Bugworks, a clinical-stage multi-indication therapeutics startup,announced that it has raised $18 million in Series B1 funding. The round was led by Lightrock India and included existing investors Bugworks is a clinical-stage biopharmaceutical company founded in February 2014 with the goal of developing novel anti-infectives and immuno-oncology (IO) therapeutic assets using cutting-edge … Read more
Xpressbees, India’s fastest-growing third-party end-to-end logistics company, has raised $300 million in a Series F fundraising round headed by Blackstone Growth, TPG Growth, and ChrysCapital. Investcorp and Norwest Venture Partners are two existing investors. Xpressbees was founded in 2015 and now operates in over 3000 cities, serving over 20,000 pin codes and delivering over 1.5 … Read more
Prosus Ventures, Sistema Asia Capital, RingCentral Ventures, KDDI Open Innovation Fund, DG Daiwa Ventures, and consultancy firm Nexxus Global have announced a $35 million Series B round of funding for virtual event and engagement platform Airmeet. Lalit Mangal, co-founder of CommonFloor, with former executives Manoj Singh and Vinay Jaasti created Airmeet in August 2019. In … Read more
Mintifi, a B2B BNPL (buy now, pay later) platform, announced a $40 million Series C investment headed by Norwest Venture Partners and Elevation Capital. Mintifi, which was founded in 2017 by Anup Agarwal, Ankit Mehta, and Sanjoy Shome, works with over 100 prominent companies in India, including Tata Motors, Bridgestone Tyres, Berger Paints, Polycab, NIVEA, … Read more
