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Piramal Pharma Ltd. To Invest Minority Stake in Yapan Bio, India-Based CDMO Providing Expertise in Biologics and Vaccines

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Piramal Pharma Limited (PPL) today announced an investment of INR101.77cr in Yapan Bio Pvt Ltd (“Yapan”) of Hyderabad, India, augmenting the capabilities of its Contract Development and Manufacturing Organization (CDMO) business, Piramal Pharma Solutions (PPS). PPL holds 27.78% equity stake in the company as a result of this investment. As PPS continues to strengthen its capabilities … Read more

Univfy Raises $6M in Series B Financing to Expand Fertility Benefits and Advance Fertility Prognostics

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univfy

Univfy, a global leader in using artificial intelligence (AI) and machine learning (ML) to personalize counseling and increase access to fertility care, today announced that it raised $6 million of its Series B funding round led by a portfolio company of Atlantic Street Capital. Known by fertility specialists and patients for its flagship Univfy PreIVF Report, Univfy has commercialized a … Read more

CARS24 raises $400M funding

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Cars24

Pre-owned vehicle ecommerce platform Cars24 has raised $400 million in finance, which includes a $300 million Series G equity round and a $100 million debt round from a variety of financial institutions. Return investor Alpha Wave Global (previously known as Falcon Edge Capital) led the Series G equity financing, which included participation from other existing … Read more

Razorpay raises $375M in Series F at a valuation of $7.5B

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Razorpay

Razorpay, a fintech company founded by Lone Pine Capital, Alkeon Capital, and TCV, has secured $375 million in a Series F round led by Lone Pine Capital, Alkeon Capital, and TCV, and plans to extend its B2B payments business to Malaysia, Vietnam, Indonesia, and the Philippines by next year. Existing investors such as Tiger Global, … Read more

Haus & Kinder raises Rs10 cr in Pre-Series A round

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Haus & Kinder, a direct-to-consumer business, has raised Rs10 crore ($1.3 million) in a Pre-Series investment led by angel investor Shaival Desai. Early next year, the company plans to raise another $5 million (about Rs 35 crore) in a Series A fundraising round. Haus & Kinder plans to utilise the funds to expand its brand … Read more

Enmovil raised Rs10 cr in Pre-Series A funding

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Enmovil Solutions, a logistics technology firm based in Hyderabad, has raised Rs 10 crore in Pre-Series A funding backed by Anicut Angel Fund. In addition to KCT Group, Blackbird Investments, and RB Investments, the company saw participation in this round from KCT Group, Blackbird Investments, and RB Investments. Enmovil is an OEM-centric multi-modal logistics technology … Read more

Moj and ShareChat parent Mohalla Tech raises US$266 mn

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The parent company of Moj and ShareChat, Mohalla Tech, has raised $266 million in a Series G investment. Alkeon Capital led the investment, which was valued at US$ 3.7 billion, and included new and current investors like as Temasek, Moore Strategic Ventures (MSV), Harbourvest, and India Quotient. This is the startup’s third round of funding … Read more

Gurucool scoops up $150k pre-seed funding

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Gurucool, an ed-tech firm, has acquired $150k in pre-seed funding from Parvez Jasani, an angel investor, and FreeFlow Venture Builders. The funds will be used to establish a strong team, strengthen the company’s technical platform, and expand the company’s operations both in India and beyond. Gurucool, founded by Adil Meraj and Khansa Fahad in 2019, … Read more

New Age Beauty and Wellness Ecosystem kindlife.in Raises Seed Funding from Kalaari Capital and Other Leading Investors

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Kindlife

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

Cricketer Sachin Tendulkar invests in used car platform Spinny

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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

Shiprocket inks an agreement for USD 185 million in Series E funding

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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

Simplified secures $8.5 million in seed funding to take on Canva with an all-in-one content creation app

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Simplified, the AI-powered content creation, and marketing platform announced its $8.5 million seed funding round led by Craft Ventures with participation from Khosla Ventures and Wing Venture Capital participation. The round included notable investors like Uncorrelated Ventures, 8-Bit Capital, Mads Johnsen (CPO, Calm), Manik Gupta (Corporate Vice President, Microsoft) Ankur Nagpal (Founder of Teachable, Vibe … Read more

CpaaS company CometChat raises $10M in Series A Funding

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CometChat, a CpaaS firm based in Denver and Mumbai, revealed on Tuesday that it had raised $10 million in a Series A fundraising round. CometChat, founded in 2010 by brothers Anuj and Anant Garg, is a communications platform for businesses that offers plug-and-play text, chat, video, and audio communications solutions that can be connected into … Read more

Bizongo raises $110 Mn led by Tiger Global

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Bizongo

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

CHARGE+ZONE Raises $10 Mn To Expand EV Charging Network

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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

Tamatem Games Raises $11 Million in Series B Funding Round led by KRAFTON, Inc.

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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