Y Combinator, Harvard Management, Goodwater Capital, Soma Capital, Uncommon Capital, and Earlsfield Capital led a $4.5 million seed round for Bengaluru-based investment-tech startup Stack. Magic Fund, Side Door Ventures, Dragon Capital, Emles Ventures, Grand Park Ventures, Chandaria Capital, Cleo Capital, AngelList, West Quad, and Olive Tree Capital were among the other investors in the round. … Read more
Bengaluru-based BharatX, a fintech firm that enables consumer placing platforms to offer credit-as-a-feature, has secured $250,000 (about Rs 1.81 crore) in a pre-Seed investment round spearheaded by prominent angel investors and other industry experts to help the Indian market embrace Embedded Credit. Mehul Nath Jindal, Eeshan Sharma, Shyam Murugan, and Siddharth Venu, who are also … Read more
kindlife, a new age beauty and wellness ecosystem enabling commerce, community, and brands, has raised an undisclosed amount for their seed round. Founded by Radhika Ghai, kindlife enables consumers to shop for 150+ curated kinder brands across beauty, nutrition, and home care. The fundraise was led by Kalaari Capital under their CXXO initiative. Vani Kola, … Read more
Spinny, the first full-stack online-to-offline user automobile selling platform, has teamed up with cricket legend Sachin Tendulkar of India. Sachin is both a strategic investor and a leading brand endorser for the firm. The partnership with Master Blaster adds to Spinny’s commitment to assisting young Indians in realising their hopes and aspirations by providing easy … Read more
Zoivane Pets, a network for pet suppliers, has raised $100,000 in a seed round led by We Founders Circle and angel investors such as Hitesh Dhawan, Dhrumil Patel, Joy Gnanamony, and Abhishek Gupta. Zoivane Pets is a pet products and grooming supplies company founded in 2019 by Nishma Singhal and Kshitij Singhal. The money will … Read more
Ultraviolette Automotive Pvt Ltd, a Bengaluru-based electric two-wheeler startup, has allegedly secured $14.85 million (Rs 112.5 crore) in a Series C financing from TVS Motor and Zoho Corporation. Ultraviolette is a company that designs, develops, and manufactures electric two-wheelers and accessories. It was founded in 2015. In October of last year, the business raised Rs … Read more
Shiprocket, a logistics start-up, has signed definitive agreements to raise USD 185 million (INR 1,380 crore) in a Series E fundraising round led by Zomato Ltd, Temasek, and Lightrock India. On this transaction, Avendus Capital served as Shiprocket’s only financial advisor. The newly raised funds will aid the company in furthering its aim to democratise … Read more
3one4 Capital, Saison Capital, Eximius Ventures, First Cheque, and Speciale Invest have all invested $1.5 million in fintech platform Fego.ai. The money will be used to strengthen and expand the startup’s developer services, as well as to grow its team and accelerate the debut of its products to the general market. Fego, which is set … Read more
Samosa Party, a snack-focused cloud kitchen platform supported by angel investment platform Inflection Point Ventures, has received $2 million (Rs 15 crore) in its pre-Series A funding round. Samosa Party, founded by Amit Nanwani and Diksha Pande in 2017, delivers a variety of samosas and tea to customers’ doorsteps. The company now has 15 locations … Read more
CloudSEK, a digital risk management and cybersecurity platform provider based on artificial intelligence (AI), raised $7 million (Rs 50 crores) in a Series A financing headed by MassMutual Ventures on Wednesday. The current round brings the platform’s total funding to $10 million. CloudSEK, founded in 2015 by Rahul Sasi, uses artificial intelligence to forecast cyber-attacks … Read more
Agrostar, an agritech firm, has secured $70 million in a Series D round led by Evolvence, global asset manager Schroders Capital, Hero Enterprise, and the UK’s development finance organisation CDC. AgroStar, founded by Shardul and Sitanshu Sheth, has one mission: “Helping Farmers Win.” It uses data and technology to address farmers’ issues with access to … Read more
Bizongo, an e-commerce packaging startup, has raised $110 million (Rs 825 crore) in a Series D round headed by Tiger Global. Existing investors such as B Capital, the International Finance Corporation (IFC), and the Center for Disease Control and Prevention (CDC) have also contributed to the new investment. Tiger Global led the Series D round … Read more
Sense, a San Francisco-based HR IT business, has raised $50 million in a Series D fundraising round headed by Softbank Vision Fund II, valuing the company at over $500 million, according to reports. Sense had previously raised $16 million in a Series C investment headed by Accel, Avataar Venture Partners, and GV in June 2021. … Read more
CHARGE+ZONE, an electric vehicle (EV) charging firm, has raised $10 million in a bridge financing sponsored by Venture Catalysts. The funds will be used to expand the company’s existing electric vehicle charging network. CHARGE+ZONE, which was founded in 2018, is an EV charging infrastructure startup that specialises in B2B and B2C charging services using smart-grid … Read more
Pocket FM, an audio-focused over-the-top (OTT) service, has secured $22.4 million in a round headed by Lightspeed Venture Partners. The fresh investment also includes the Times Group and Tanglin Ventures. The money will be used to expand the Gurugram-based startup’s operations and establish a larger content creator community, as well as expand its presence across … Read more
Tamatem Games, leading Arabic mobile games publisher, raises $11 Million in Series B funding round led by South Korean video game developer KRAFTON, Inc. The round that was led by KRAFTON, Inc., makers of the phenomenally popular battle royale game PUBG, also saw participation from Venture Souq, Endeavor Catalyst and existing investors. Tamatem has seen … Read more
