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
Pune based, home gardening and houseplant start-up Ugaoo, a market leader and innovator in the fast-growing home gardening segment has raised INR 15 Crores in its pre-Series A funding round. The round was led by DSG Consumer Partners and RPG Ventures. Founded in 2015, by Siddhant Bhalinge, a landscape architect from California State Polytechnic University, … Read more
NoBroker, a proptech business, said that it has raised $210 million in its Series E fundraising round, bringing its valuation to $1 billion and making it the newest member of the coveted unicorn club. General Atlantic, Tiger Global, and Moore Strategic Ventures led the fundraising round. NoBroker.com, India’s first proptech unicorn, said it will use … Read more
Koparo, a sustainable D2C home and personal hygiene business, raised Rs 5.7 crore in seed funding from Saama Capital, Titan Capital, and DSG Consumer Partners on Tuesday. Uday Shankar, former Disney APAC chairman; Rohit Kapoor, OYO India CEO; Ashish Goel, Founder of Urban Ladder; and Anand Chandrasekaran, Product Head of Five9 were among the notable … Read more
OneCare, a Bangalore-based diabetes care startup, raised $1 million in a pre-seed round led by Multiply Ventures and Better Capital. OneCare, founded in 2021 by Dr. Rakesh Shivran and Sagar Bhat, uses AI and IOT technology, behavioural science, and clinical research to create clinics that give 10x better results to patients with chronic conditions like … Read more
Sleepy Owl Coffee, a Delhi-based D2C business, announced on Monday that it had raised $6.5 million in a Series A round of funding. Previous investor Rukam Capital led the newest round, which was followed by existing investor DSG Consumer Partners, with Dexter Capital serving as the deal’s exclusive financial advisor. Ajai Thandi, Arman Sood, and … Read more
Euler Motors, an electric vehicle manufacturer, revealed on Monday that it has raised an additional $10 million (about Rs 74 crore) from a group of investors led by QRG Investments and Holdings. Late last month, the New Delhi-based firm unveiled its first e-three-wheeler cargo HiLoad. Euler Motors already operates a network of over 200 charge … Read more
Fasal, an agritech startup, has secured $4 million in a Pre-Series A round headed by 3one4 Capital, with current investors Omnivore and Wavemaker Partners joining in. Fasal is an AI-powered IoT SaaS platform that employs on-farm sensors and scientific algorithms to give farmers with actionable farm and crop information in vernacular languages. The platform is … Read more
JSW Ventures led a $ 1.5 million (about Rs 11.1 crore) financing round for Zvolv, a corporate SaaS platform. The money will be used by Zvolv to expand its customer base globally, encourage rapid adoption in an increasingly work-from-anywhere environment, and improve the platform’s AI/ML capabilities, according to the company. Launched in 2018, the platform … Read more
Purplle.com, one of India’s top online beauty destinations, raises $65 million, introducing Premji Invest to the capital market for the first time. This investment comes only weeks after Kedaara Capital, Sequoia Capital India, and Blume Ventures led a $75 million investing round. The money will help the company grow faster and build a multibillion-dollar business … Read more
K&L Wellness, a healthtech firm, announced that it has raised Rs 30 crore in a seed round from Manjushree Ventures’ Vimal and Surendra Kedia, as well as Sohamm Group’s Narendra Firodia. In the field of integrative and lifestyle medicine, K&L was founded by serial entrepreneur Karan Talreja and holistic lifestyle coach Luke Coutinho to provide … Read more
Disprz, a leading enterprise skilling business, announced the completion of a $13 million Series B financing anchored by Dallas Venture Capital and Mars Growth Capital. Disprz is an AI-powered learning and skilling suite that helps enterprises to right-skill their employees to win in a digital-first environment. It was founded in 2015 by Subramanian Viswanathan and … Read more
