According to a press release from the company, Ninty One secured roughly $30 million (Rs 225 crore) in a Series A financing from A91 Partners. The company is valued at around Rs 1,000 crore at this round. Ninety One is a cycle company founded in 2015 by Sachin Chopra, a former managing director of Everstone … Read more
Platform for online job postings Monster has raised Rs 137.5 crore from Volrado Venture Partners, Meridian Investments, and its parent firm Quess in an investment round valued at close to $100 million. Volrado is led by Enam Holdings’ Akash Bhanshali, while Meridian is TV Mohandas Pai’s investment office. In 2018, Quess bought Monster.com’s operations in … Read more
Jumbotail, a B2B marketplace, has secured $85 million in a Series C round headed by Artal Asia Pte. Ltd. and Ajax Capital. Early investors Nexus Venture Partners and Kalaari Capital took minor part-exits in the secondary, making the round a mix of main and secondary investments. Until now, the company has raised a total of … Read more
Chiratae Ventures (Formerly IDG Ventures) and Lenskart Vision Fund led a $4 million pre-Series A investment for Adloid, an AR builder platform. Prashant Pitti, co-founder of EaseMyTrip, Seeders, and 100x Entrepreneur have all invested in the fresh round. Adloid is renaming to Metadome with this round, a metaverse that will give no-code infrastructure to virtual … Read more
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, 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
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, 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, 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 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
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, 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
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
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, 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, 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
