SaaS Labs, a company that creates business automation tools for sales and support teams all around the world, has secured USD 42 million (about Rs 312 crore) in a round headed by Sequoia Capital India. Existing investors Base 10 Partners and Eight Roads Ventures also participated in the Series B fundraising round, according to the … Read more
Mivi, a leading domestic consumer electronics brand, has raised an undisclosed amount from N+1 Capital in a debt financing round. N+1 Capital, India’s largest revenue-based growth capital fund, has been affiliated with the previously bootstrapped company as its first financial partner. Mivi is a one-of-a-kind firm based in Hyderabad that specialises in audio gadgets, with … Read more
Pixis, formerly Pyxis One, announced today that it has raised $100 million in Series C funding. Pixis is a company that provides contextual AI infrastructure with no code for total marketing optimization. The new funding will be used to help the company quickly scale its AI platforms and plugins, as well as expand across North … Read more
Exponentia Ventures, a fund focused on new company ideas in both the B2C and B2B space, has invested USD 5 million in PLUCKK (A brand owned by Fruveggiie Tech Pvt limited), a fresh produce food-tech firm. Pluckk, founded by Pratik Gupta in 2021, intends to become India’s first digital commerce company, serving the growing demand … Read more
L&T Technology Services Limited, a leading global pure-play engineering services company, announced that it has been awarded a deal worth USD45 million from a U.S. based automotive Tier 1 company, to be its strategic engineering partner and provide engineering services for its Electric Vehicle (EV) product portfolio. Under the terms of the 5-year agreement, LTTS … Read more
Qarmatek, an electronics renewal and refurbishment firm backed by GVFL (Gujarat Venture Finance Limited) and Caspian Debt, has acquired $3 million in Series A funding. The funds will be used to expand its newly launched B2C refurbished and rejuvenated electronics marketplace, MOBEX. Qarmatek began as a B2B electronics repair and refurbishment partner for major device … Read more
nCORE Games announces a Series A funding round of $10 million to expand their gaming properties into the Metaverse and NFT space. Global leaders in interactive media and blockchain, Galaxy Interactive and Animoca Brands, co-led the round, with Polygon and HyperEdge also participating. Vishal Gondal and Dayanidhi M G, both veterans of the game industry, … Read more
Arya.ag, an agritech business, has raised $60 million in a Series C funding round headed by Asia Impact SA, a Luxembourg-based investment group. Existing investors, such as Lightrock India and Quona Capital, took part in the fundraising as well. According to a top company official, the company’s post-money valuation has surpassed $300 million. Arya is … Read more
Cloud-tech HR venture ZingHR has raised $10million from Tata Capital Funds, which will give the latter a 33% stake in the company. The company will use the funding for expansion into more global markets, upgrade technology and scale up its talent pool. “We are thrilled to announce that we have bagged $10 million funding from … Read more
Traya, a holistic hair care platform, has secured $2.2 million in a pre-Series A fundraising round headed by Fireside Ventures, with existing investors Kae Capital and Whiteboard Capital participating. Traya has taken it upon itself to make a difference in the hair market by offering a holistic approach to hair loss management. The cash will … Read more
Turnip, a mobile-first gaming community network, has raised $12.5 million (Rs 92 crore) from Greenoaks Capital and Elevation Capital in a Series A round of funding. Pooja Dubey and Aditya Sharma founded Turnip in April 2020 to allow creators to join clubs where they can stream or record their games for fans, communicate on audio/video, … Read more
Rooter, a game streaming and e-sports platform, announced on Wednesday that it has raised $25 million (Rs 185 crore) in a Series A fundraising round headed by Lightbox, March Gaming, and Duane Park Ventures. Piyush Kumar and Dipesh Agarwal founded Rooter in 2016. The startup claims to engage fans with user-generated live audio and video … Read more
OneDios, a customer support request aggregator platform, has secured USD 1.2 million in a round headed by Indian Angel Network (IAN), LetsVenture, and HNIs like Bhanu Chopra, Akash Bhansali, and the Haldiram Group. OneDios is a Delhi-based startup, which was launched in 2019, plans to expand the size of its product portfolio with the new … Read more
Glamplus, a SaaS-enabled marketplace firm, has raised $700,000 in a Pre-Series A round headed by Blume Ventures, with participation from current investors IPV and Ramakant Sharma (COO- Livspace). Glamplus is a curated B2B marketplace powered by SaaS that assists and empowers large, medium, and small salons/spas in adopting technology and growing their operations digitally. Glamplus … Read more
Founded in 2011, Hakuna Matata is a leading digital transformation solutions provider for Manufacturing, Distribution & Logistics firms. Hakuna Matata develops mission-critical business applications that enable enterprises to improve their operational efficiency and Sales. They offer Industry 4.0 solutions that span across connected Man, Machines & Materials, and digital supply chains, process digitization, and preventive maintenance solutions. By deploying … Read more
Algorithmic Biologics Pvt Ltd. (ABPL), a deep-tech startup building algorithms for molecular programming, today announced that it has received an undisclosed amount of seed funding from Axilor Lab. Axilor Labs is a venture curation initiative by Axilor to accelerate commercial success of transformative ideas around global challenges facing human health and wellness. They aim to … Read more
