Digital Marketing solutions company Intellemo has raised over 3 Cr in a seed round led by Inflection Point Ventures. The round also saw participation from Kunal Shah, Founder, Cred, Soonicorn LLP, Rahool Sureka & Saurabh Aggarwal, Co-Founders of Fitso and Amit Gupta, Co-Founder of Badri Ecofibers. The funds raised will be utilised primarily to expand the … Read more
EV charger manufacturing company Tirex Transmission, announced the infusion of another $1 million from an ultra-HNI investor to help fund its growth. Assisted by their able financial investment firm GETFIVE, Tirex Transmission Private Limited was able to secure the additional funding, in under four months, to power their aggressive expansion plans in response to the … Read more
Stardust, which provides developer tools for building blockchain-based games, said Tuesday that it raised $30 million in a funding round led by crypto venture capital firm Framework Ventures Canaan Linder, the company’s CEO, started the venture in California in 2018. In an interview, he said that he first learned about blockchain when he came across … Read more
Scaler, one of India’s fastest-growing tech upskilling startups, announced a cumulative 2500 per cent revenue growth in FY 2020 and 2021 with an Annual Revenue Rate (ARR) of $110 Million in August 2022. Owing to the capital-efficient business model adopted by the company, Scaler has achieved YoY growth of over 350 per cent and sustained … Read more
Lava International Limited, an end-to-end focused mobile handset and mobile handset solutions company based in India, has announced the roll out of 5G FOTA (Firmware Over-The-Air) update for its flagship smartphone – AGNI 5G. With this update, Lava becomes one of the earliest mobile handset companies in India to enable 5G on its smartphones in … Read more
Assiduus Global, an AI-powered cross-border and cross-marketplace e-commerce accelerator, has raised $15 million in Series A round of funding led by Pulsar Capital, 9Unicorn, Venture Catalyst, StrongHer VC, Carlos Cashman (founder of Thrasio) and Rajan Navani (JetLine Group of Companies). The appropriated funding shall enhance the technological architecture and business expansion across international markets like Europe and South-East Asia. Assiduus’ spokesperson said about … Read more
Edtech unicorn Vedantu has acquired a majority stake in Deeksha (Ace Creative Learning) at a deal size of $40 million. Deeksha, a test preparation platform for board and competitive exam coaching for kids in grades 9 through 12, was established in Karnataka in 1998. With 39 locations, it is present in three states: Telangana, Andhra … Read more
WeWork India, the leading flexible workspace provider, has made its first investment in the Bengaluru-based conferencing and collaboration platform Zoapi. The company has made an investment in this enterprise SaaS solution provider that combines the four basic needs of a meeting room – wireless screen sharing, video conferencing, online calendar, and room scheduler. Corporates have organically transitioned to … Read more
The Water Well Trust, a national nonprofit helping rural Americans get access to a clean, safe water supply, has received a $1.5 million grant from the U.S. Department of Agriculture’s Decentralized Water Systems (DWS) program for water well and wastewater projects to increase potable water system availability and access to wastewater systems to rural households throughout the U.S. … Read more
Online medical diagnostics platform 5C Network, situated in Bengaluru, India, raised US$4.6 million in Series A funding. In addition to previous investors Unitus Ventures and Axilor Ventures, angel investors Ajay Gupta (Emeritus Partner at McKinsey & Co.), Rohit Razdan, and Shiv Tallam also participated in the round, which was led by Celesta Capital. The company … Read more
Platform for preparing for government exams Adda247 announced on Wednesday that it had secured $35 million in a round headed by WestBridge Capital. Google participated in the round as a new investor. The platform will use the funds raised to hire for certain important leadership positions, develop its student counselling team, and raise the profile … Read more
Pillow a singapore-based crypto investments platform has raised $18 million in series A funding. the round is co-led by Accel, Quona Capital, Elevation Capital and Jump Capital. Elevation Capital were also the first seed investors in Pillow, having led the round in 2021. Founded in 2021 by Arindam Roy, Rajath KM, and Kartik Mishra, the … Read more
Cloudworx Technologies has secured Seed Capital from Hyderabad headquartered SucSEED Indovation Fund as well as IIIT Hyderabad, Expert Dojo, and other angel investors. Cloudworx has created a platform that allows users to create 3D applications for the Enterprise Metaverse as Integrated Development Environment (IDE) Platform. Unlike other Digital-Twin builders, Cloudworx allows users to import custom 3D models, create … Read more
Venture Catalysts Group, India’s first integrated incubator and a leading early-stage investment platform for startups, along with other marquee investors led this round of investment for WickedGud. WickedGud is a d2C health food brand that is on a mission to make every day eating guilt-free and change the way the world consumes comfort food for … Read more
Mathew Cyriac has invested $ 2 M in MyySports. Mathew is an existing Board Member and now joins as a Co-Founder. He is also the founder of Florintree Advisors. Saurav Banerjee, founded MyySports in 2021. MyySports is a sports-tech start-up which through its App provides simple creator tools allowing millions of sports lovers to create, … Read more
Ankur Capital, an India-based leading early-stage venture capital fund focused on transformative technologies in deep science tech and climate tech today announced that they have invested seed capital in two early stage biotech startups – MyoWorks and D-NOME. Founded by Nihal Singh and Shubhankar Takle, MyoWorks is building edible fungal mycelium-based 2D and 3D scaffolds which will support … Read more
The global slowdown in funding continues with start-up funding in India in Q3 CY22 hitting a two-year low at USD 2.7 billion across 205 deals, as per the PwC India report titled, “Startup Deals Tracker – Q3 CY22.” While a decline in funding is noted across all stages of investment – early, growth and late – the decline has … Read more
ALT Mobility – a market leader in the leasing of electric commercial vehicles, has partnered with One Electric to provide high-quality and durable electric motorcycles for its last-mile delivery partners. Breaking the convention of investing in low-cost assets, ALT Mobility has evaluated and onboarded One Electric’s “Kridn” motorcycle to their leasing portfolio, positioned as a premium high-speed … Read more
Jaipur Watch Company, a luxury custom-built watch brand, has raised their first strategic fund round with participation from investors Ankur Mishra (Director – Central Academy Jodhpur Education Society), Tushar Kapoor (Director – Kapsons), Dexter Angels and Marwari Catalysts. The Founder of Jaipur Watch Company, Gaurav Mehta was very fond of watches and collected coins as … Read more
Supernova, a startup that makes Live quizzes & interactive gamified formats on CBSE math topics, announced its pre-seed funding of $1.1 Million. The pre-seed round is led by Lumikai, India’s most active gaming & interactive media VC, with participation from Kae Capital, All In Capital, Goodwater Capital & strategic angel investors. Targeted toward kids aged … Read more
