Entrepreneur News Network

Intra-city logistics company Porter raises Rs 750 Cr

Porter Trucks

On-demand logistics company Porter has raised Rs 750 crore in its Series E funding round led by Tiger Global Management and Vitruvian Partners, with participation from existing investors — Sequoia Capital India and Lightrock India. Founded in 2014 by Pranav Goel, Uttam Digga, and Vikas Choudhary, Mumbai-based Porter is a logistics marketplace that allows businesses … Read more

Gurugram-based Wobb has raised Rs 2.1 Cr in pre-seed round

wobb

Gurugram-based influencer marketing automation platform Wobb has raised Rs 2.1 crore in pre-seed round from lead investors Titan Capital led by Kunal Bahl and Rohit Bansal (Snapdeal Founders) and Point One Capital. Founded in 2020 by Ishan Jindal, Wobb is aimed at simplifying influencer hiring and improving measurability using Wobb’s pixel technology, which provides data including sales, traffic, impressions … Read more

Micro-savings platform Siply raises $3.2M

Siply

Siply, a micro-savings platform located in Bengaluru, has received $3.2 million in equity and debt in its pre-Series A funding round. LetsVenture, AngelList India, and Founder Room Circle led the round, with participation from Kunal Shah ( CRED ), Beerud Sheth ( Gupshup ), Satish Grampurohit (ex-Infosys), Shanti Mohan (LetsVenture), and Pratekk Agarwaal (angel investor, … Read more

Fintech startup BankSathi raises Rs 4 Cr

Banksathi Technologies Pvt Ltd, a Delhi-based fintech startup, announced on Monday that it had raised Rs 4 crore in funding from Hem Angels and renowned entrepreneurs such as Dinesh Godara (Founder, TREAD Fitness), Anuj Ahuja and Aditya (Founders, Talwar – StudyBase), and Rajendra Lora (Founder, Talwar – StudyBase) According to the corporation, the new cash … Read more

Dresma raises US$3 million in seed funding from SVQuad

Dresma

Dresma Inc., a company that helps online retailers produce winning product photography by digitising the visual content production process, announced today that it has raised US$3 million in seed funding headed by SVQuad and including Inventus Capital Partners and Thinkuvate. Dresma has made the generation of high-quality images scalable to promote increased ROI and productivity … Read more

ABL Space raises $200 million of fresh capital, increases valuation to $2.4 billion

Cody, Mason, and Rory with a fleet of RS1 Flight Stages

ABL Space Systems has closed a $200 million expansion of its Series B investment round, bringing the company’s valuation to $2.4 billion. The round was led by and comprised of ABL’s existing investor syndicate. ABL has now raised a total of $420 million since founding. ABL is serving a large manifest of active contracts with … Read more