Diginoor, an Indian NFT marketplace that launched with Rajinikanth movie NFTs, announced $1 million in its seed funding. The round saw participation from Contrary Capital, Polygon Fund, Sandeep Nailwal, Kunal Shah, Abdul Wahab Al-Halabi (MD at Embassy Capital), and others. Founded in 2021 by Chennai based teenage entrepreneurs- Shaamil Karim & Yash Rathod, Diginoor aims … Read more
Scripbox, India’s first digital wealth manager, said today that it has raised USD 21 million in series-D fundraising from a mix of equity and debt investors. Transpose Platform, DMI Alternative Investment Fund – The Sparkle Fund, InnoVen Capital, Trifecta Capital, KPB Family Trust, LetsVenture, Kube VC, and YY Capital LLC are among the investors in … 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
MyCaptain, a Bangalore-based business reinventing the future of work, has raised $3 million in pre-Series-A funding led by Ankur Capital. IPV (Inflection Point Ventures), Firstport Ventures, IIM Calcutta Angels Network, Singapore Angel Investors, and other Super Angels also participated in the round. Through over 30+ Beginner to Advanced Live Cohort based courses, MyCaptain, an online … 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
Your-Space, India’s premier student housing Company raised USD 10M in Series-A funding (a combination of pure equity and convertible debentures) led by the personal investment from Mr. Shantanu Rastogi (of General Atlantic) and Mr. Ajay Gupta’s (Capital Foods) family office AJAX Capital and Holy Basil Consultancy Private Limited, which also saw participation from Mr. Manish … Read more
edustoke is India’s largest online preschool to K-12 platform, bridging parents’ needs for information and expert assistance on educational options. Indus Initiatives has provided the firm with INR 3 crore in startup finance for the brand. edustoke, founded in 2017 by Mr Pawas Tyagi and Mr Rohit Malik, is the pioneer in structured school search … 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
Purplle, an online marketplace for beauty and grooming items, has raised Rs 257.43 crore (about $38 million) in an extended Series D round led by Sequoia Capital and others. Kedaara Capital and Premji Invest were among the investors in this round, which garnered $106.7 million for the Mumbai-based company. The news was initially reported by … Read more
IppoPay, a one-stop neo-bank for Bharat, has raised $2.1 million in seed funding from Coinbase Ventures, Better Capital, Blume Founders Fund, and a number of high-profile angel investors. IppoPay, which was founded in November 2020, has helped 50,000 offline merchants and daily wage earners in India’s Tier 2, Tier 3, and rural markets enhance their … Read more
DMI Finance Private Limited (DMI Finance) announced the completion of a $47 million equity investment round on Tuesday, including Sumitomo Mitsui Trust Bank Limited as a new investor. Established in 1925, SuMi Trust Bank is Japan’s largest trust bank with JPY 224 trillion (~USD 1.95 trillion) of custody assets and JPY 87 trillion (~USD 760 … Read more
Avelo Airlines, which became America’s newest mainline airline in nearly 15 years when it took flight last April, today announced it raised $42 million in Series B funding. This second-round offering increases Avelo’s invested capital base to over $160 million. Avelo raised approximately $125 million in January 2020. The Series B shares sold at a … Read more
Dunzo, India’s leading quick commerce player, has raised US$240M in its latest round of funding. The investment was led by Reliance Retail Ventures Limited (“Reliance Retail”), with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital. With an investment of US$200M, Reliance Retail will own 25.8% stake on a fully diluted basis. This … Read more
Pictory Corp., an AI-powered video solution that empowers content creators and marketers to edit and produce videos automatically and at scale, today announced a $2.1 million seed round led by FUSE alongside participation from Voyager Capital. With the addition of 5000+ new clients in just three months, the Seed financing continues a recent trend of … Read more
HUMAN Security, Inc. (formerly White Ops)—the global leader in collective protection against sophisticated bot attacks and fraud—today announced a $100 million growth funding round led by WestCap with additional investment from NightDragon and other current investors to support the company in its next phase of growth. Today, HUMAN protects the world’s largest enterprises and internet … Read more
Skippi Ice Pops – India’s 1st Ice Popsicle brand received funding of a whopping 10 million INR for 15% equity in the 1st edition of Shark Tank India aired on Sony Entertainment Television on Monday, 27th December 2021. Led by Kabra Global Products Pvt. Ltd., India, Skippi Ice Pops launched with an aim to introduce … Read more
