Premagic, a workflow management platform for photographers, has received a pre-seed fundraising round of INR 2 crore from 300 venture capitalists and angel investors. Premagic, a B2B SAAS product for event photography founded in 2018 by Anup Mohan, Anenth Vishnu, and Mevin Chirayath, helps photographers streamline their workflow and substantially improve the efficacy of client … Read more
ABL Workspaces, a coworking space provider, has raised Rs 15 crore from Ethik Inc, a Canadian company, for expansion. ABL Workspaces, which opened its first location in Delhi-NCR in December 2017, now has nine locations. ABL Workspaces stated in a statement that company has raised Rs 15 crore in a Series A fundraising round from … Read more
Veg Route, a B2C fresh vegetable Agritech supply chain, announced today that it has received $125K in Pre-Seed Funding. The round was headed by Mohan K, CEO & Mr. Jai Kumar, CTO of Ippopay, Prabhu R, Co-Founder of M2P Fintech, and Omar Bin Brek, Founder of UAE-based Fin-Tech Startup Foloosi. Veg Route is assisting farmers … Read more
Artha Venture Fund (AVF), India’s first early-stage micro-VC fund, led a seed round for InstaAstro, a new-age wellness and spiritual services platform that blends the ancient Indian expertise of Astrology, Yoga, Ayurveda, and Meditation. The company aims to upend the online astrology market by catering to tech-savvy millennials with strong spiritual values. InstaAstro is tackling … Read more
Mumbai Angels Network sponsored a $1 million round of funding for D2C firm Jade Forest. In November 2020, the company raised a $250k seed round. The new money will be put toward expanding geographically and entering the ready-to-drink beverage category. Jade Forest is a luxury non-alcoholic beverage brand founded by Shuchir Suri and Punweet Singh … Read more
ZenOnco.io, an oncology healthcare platform, has raised $1.4 million in a seed round led by Enzia Ventures, with Better Capital, Apollo Hospitals, Titan Capital, Dr Arvind Kumar, and other angel investors participating. According to a news statement from ZenOnco.io, the funds will be used to expand the company’s current activities and introduce new products. ZenOnco.io … Read more
Mother Sparsh, a premium ayurvedic and natural newborn and mother care brand, has raised Rs 20 crore in Series A funding from ITC, one of India’s leading private sector corporations with a diverse footprint across different industries. Mother Sparsh has created a comprehensive range of infant and mother care products since its start, utilising the … Read more
Pepperfry founders Ambareesh Murthy and Ashish Shah have invested $1 million in food-tech firm Adonia Hospitality. In the next six months, the funding will be used to open six more eateries. The company was founded by Rupesh Kumar Shah and now has 6 restaurants in its portfolio. It is profitable with an ARR of Rs … Read more
Rebel Foods, the parent company of Faasos, has raised an additional $14.5 million in its Series F round. The company had recently raised $175 million in this round at a valuation of $1.4 billion, making it the first full-stack foodtech company to join the coveted club of unicorns this year. The company, founded by Jaydeep … Read more
Existing investors CDC Group, CX Partners, and OP Finnfund Global Impact Fund I (the first Finnish global developing markets impact fund). Indifi has also secured debt funding worth Rs 165 crore from Vivriti, Northern Arc, SIDBI, and other lenders. Indifi has also been guaranteed Rs 35 crore in finance from the US DFC (United States … Read more
Settl, a technology-driven managed housing platform, has received a $500,000 seed round investment. Settl has already secured 1200 beds across two cities in a little more than a year. It claims to be seeing a 30 percent increase in demand from quarter to quarter. It wants to serve over 3000 clients each month with the … Read more
Park+, a new smart parking solution business founded by Amit Lakhotia, the former vice president of Paytm Payments, revealed on Wednesday that it has raised $25 million in a Series B investment led by Sequoia Capital India, Matrix Partners India, and Epiq Capital. AdvantEdge, Fund II – a series of Somani Investments LP, and Motherson … Read more
CoreStack, a worldwide multi-cloud governance SaaS provider, has raised $30 million in Series B fundraising headed by Avatar Growth Capital, with Dallas Venture Capital (DVC), Iron Pillar, and other angel investors also participating. Following its Series A in March 2020, CoreStack now has a total funding of $45 million. CoreStack will use the funds to … Read more
Simple Energy, a Bengaluru-based electric car startup, announced the completion of a $21 million (Rs 155 crore) pre-series financing round on Monday. Simple Energy had hoped to secure $15 million in funding, but due to overwhelming investor demand, the company ended up raising a total of $21 million. The EV firm, which was founded in … Read more
According to papers with the Registrar of Companies, used automobile marketplace Spinny has collected Rs 1,849.45 crore ($248 million) from returning and new investors as part of its Series E round. The Gurugram-based business has now become the 39th unicorn, with a valuation of $1.7 billion. Abu Dhabi Growth Fund and Tiger Global, a returning … Read more
Splashlight Studios, a young e-commerce digital solutions provider has raised seed funding of $1 million from Eagle Ventures, a Dubai-based fund managed by Adit Mehta and Hitesh Ajmera. Backbay Advisors was the financial advisor to Splashlight Studios on the transaction. “The seed fund is a great vote of confidence for Splashlight Studios and highlights the … Read more
