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
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, 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, 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, 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
Satvacart, an online grocery delivery service, has closed a pre-Series A round of funding led by Kuldeep Puri, Shailendra Kumar, Siddhartha Garg, Madhu Sudana Rao Kalagarla, and Sirinivas Kotta. In the following 18 months, the corporation wants to use the capital to build 100 clusters in Mumbai, Bangalore, and Noida. Satvacart is an online grocery company founded in 2014 by Deepika and Rahul that sells 5000 goods using an inventory-driven business strategy. The company is now solely active in Gurgaon, where it operates its own computerised dark stores in densely populated regions.
AG Ventures (AAGV), the fast-growing Play-to-Earn (P2E) guild and P2E / Learn-to-Earn (L2E) platform, is pleased to announce that it has successfully raised over $12 million in a private funding round that concluded this week. This is the 2nd largest private round for P2E guilds or guild platforms reported to date. The Private Round was … Read more
Vedantu, a pioneer in LIVE online learning, announced today a $3 million ESOPS liquidity initiative for all qualifying employees. The founders will not be part of the repurchase, but top executives and qualifying active employees who have completed the vesting term will be able to sell their ESOP shares. Vedantu launched a $100 million Series … Read more
Rebel Foods, the parent company of Faasos, has raised an additional $14.5 million in its Series F round. The company had recently raised $175 million in this round at a valuation of $1.4 billion, making it the first full-stack foodtech company to join the coveted club of unicorns this year. The company, founded by Jaydeep … Read more
Existing investors CDC Group, CX Partners, and OP Finnfund Global Impact Fund I (the first Finnish global developing markets impact fund). Indifi has also secured debt funding worth Rs 165 crore from Vivriti, Northern Arc, SIDBI, and other lenders. Indifi has also been guaranteed Rs 35 crore in finance from the US DFC (United States … Read more
Settl, a technology-driven managed housing platform, has received a $500,000 seed round investment. Settl has already secured 1200 beds across two cities in a little more than a year. It claims to be seeing a 30 percent increase in demand from quarter to quarter. It wants to serve over 3000 clients each month with the … Read more
