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
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
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, 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
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
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
