FAO Ventures and CA Holding LLP launched a $1 million fundraising round for The Hosteller, one of India’s fastest growing backpacker hostel networks. The Hosteller, founded in 2014 by Pranav Dangi, is a one-of-a-kind chain of backpacker hostels and an ideal pit-stop for both international and domestic travellers. The Hosteller offers experiential yet affordable and … Read more
Zenduty, a B2B SaaS incident management platform has raised INR 14 crore ($1.9 million) as a part of their Pre Series A round, led by Deep Technology and SaaS VC StartupXseed Ventures, along with participation from Powerhouse Ventures, Titan Capital, Supermorpheus, 100X Entrepreneurs, Kwaish, and SF-based Secure Octane Fund, existing and new investors including Anand … Read more
Purplle.com, one of India’s leading online beauty destinations, today announced a $75M funding, welcoming Kedaara to the cap table, along with doubling down by Sequoia Capital India and Blume Ventures. This comes six months after a $45M funding backed by Verlinvest, Blume Ventures, JSW Ventures, and first-time investor Sequoia Capital India. The investment will augment … Read more
Gramophone – a full-stack agri-tech platform – on Tuesday announced that it has raised a $10 million round led by Z3Partners, an early growth investor. Founded by IIT and IIM alumnus Tauseef, Nishant Vats Mahatre, and Harshit Gupta, Gramophone started as agronomy led, agri-input commerce company from MP. In the last two years, it has … Read more
Spottabl, a SaaS-based HR firm, has acquired Rs 3.5 crore in venture funding from a number of investors. Spottabl was formed in 2020 and has been self-funded till this first round. The startup intends to use the funds for product development and business expansion. Vanishri Deshpande, Satheesh KV, and Anupam Choudhari are the founders of … Read more
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 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
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
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 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 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
