Entreprenuernewsnetwork

BankBazaar Secures Top Spot in April with $9.6 Million Funding

BankBazaar has emerged as the highest-funded startup in April, securing $9.6 million in investments. The fintech sector in India attracted $29 million in April, bringing the total investments in CY2024 to $203 million, according to data compiled by BFSI consulting firm The Digital Fifth. A significant portion of this funding was directed towards companies specializing … Read more

Sprect Raises INR 50 Lakhs in Angel Funding to Revolutionize C2C Consulting Marketplace

Sprect, a C2C consulting marketplace, has announced the successful raising of INR 50 lakhs in Angel funding from seasoned industry veteran Siddarth (Sid) Shetty, Chief Business Development Officer at ServiceChannel. This funding will be used to accelerate product development, expand the team, drive marketing efforts, and boost sales. Founded by Mohit Khadaria and Vishal Rupani … Read more

Parseable Raises $2.75m In Seed Round Led By Surge And NP-Hard Ventures

Bengaluru-based Parseable has announced a seed funding round of US$2.75 million led by Surge and NP-Hard Ventures, marking its entry into the expanding log analytics market. This investment is poised to drive Parseable’s mission of innovating in handling the surging volumes of log data generated by modern digital businesses. The exponential growth of data worldwide … Read more

Tomorrow Capital spearheads $2.7 MN investment round in VitusCare

funding

Tomorrow Capital, a $100 MN Mumbai-based operating venture capital fund, has invested in VitusCare, a leading kidney care startup based in Gurgaon. Tomorrow Capital’s commitment to addressing chronic healthcare challenges in India is exemplified by its substantial lead investment in Vitus Care’s $2.7 MN Series A funding round. VitusCare, founded in 2017, has emerged as a trailblazer in the provision of quality … Read more

SiftHub Secures $5.5 Million Funding to Revolutionize Sales and Presales

Shifthub

In a groundbreaking development, SiftHub, the cutting-edge AI-powered platform, has announced the successful closure of a $5.5 million funding round led by Matrix Partners India and Blume Ventures, with significant participation from Neon Fund. This milestone marks a pivotal moment in SiftHub’s journey, bolstered by the enthusiastic support of executive operators and founders from leading … Read more

Aerospike Closes $109M in Growth Capital from Sumeru Equity Partners

Aerospike, Inc. (“Aerospike”) today announced the close of a $109M growth capital investment from Sumeru Equity Partners (“Sumeru”) with additional investment from existing investor Alsop Louie Partners. This latest investment signals a validation of the company’s product strength and business performance. The investment accelerates innovation and go-to-market capabilities for Aerospike’s core transaction, analytics, and AI … Read more

Hudle Raises Rs 7 Crore in Pre-Series A Round Led by Inflection Point Ventures and Sky Impact Capital

Hudle, a platform dedicated to sports and fitness enthusiasts, has secured Rs 7 crore in its pre-series A funding round, with leading participation from Inflection Point Ventures (IPV) and Sky Impact Capital. Survam Partners and Anay Ventures also joined the round, reflecting growing confidence in Hudle’s mission to promote sports engagement across India. Suhail Narain, … Read more

D2C startup A47.in raises undisclosed funding by strategic investor Aditya Pittie

D2C brand A47.in, has raised funding of an undisclosed amount from Aditya Pittie. The company will utilize the capital for ramping up, expanding into new categories, collaborations, physical retail & marketing. The investment marks a significant milestone for A47, positioning it for accelerated growth and outreach. A47 celebrates India & its remarkable achievements and institutions … Read more

AI-Dermatology Platform Cureskin Secures $20M in Series B Funding

Cureskin

Cureskin, an AI-driven dermatology platform that provides clinically validated skin & hair health solutions, has raised Series B funding of USD 20 million. The round was led by India’s leading digital health-focused venture capital fund, HealthQuad along with participation from existing marquee investors including JSW Ventures, Khosla Ventures and Sharrp Ventures. The latest investment brings … Read more

build3 impact Accelerator Invests Rs. 1.5 Crore in 5 Impact Startups

Strengthening its commitment to the impact startup ecosystem, build3, a community-empowered startup studio in Goa, announces the success of its inaugural impact Accelerator cohort, with 5 selected startups receiving funding for their impact ideas. In parallel, with a commitment to nurturing impact ideas into startups, it also announced opening applications and doubling the number of founders … Read more

Co-living startup Settl raises Rs 10Cr

Co-living operator Settl has raised Rs 10 crore in a pre-Series A funding round as it now aims to expand its business operations. According to the startup, The round saw participation from Gruhas and We Founder Circle, along with other notable investors like Anthill Ventures, Gurugram-based Inflection Point Ventures, Ah! Ventures, Nila Spaces Limited, Soonicorn … Read more

AltUni, Alternative Digital Varsity, Secures $500K Investment from Indian Angel Network

Mumbai-based AltUni, an alternative digital university founded in 2020 by Ankit Doshi, recently secured $500,000 in funding, as reported by Entrepreneur India. The funding round was spearheaded by the Indian Angel Network and saw participation from a group of prominent angel investors. Notable contributors in this funding round included Vishesh C Chandiok (CEO of Grant … Read more

PepsiCo India invests Rs 778 crore in Assam manufacturing facility

Establishing its ‘Partnership of Progress’ with the state of Assam, PepsiCo India announced its first foods manufacturing plant in Nalbari, Assam with an investment of INR 778 crore (USD 95 Million). Spread over 44.2 acres, the state-of-the-art plant is proposed to be operational in 2025 and aims to provide direct and indirect employment opportunities to 500 … Read more

Healthy Food Startup Madmix (formerly Daily Staple) Raises the Pure-Funding Round

Mumbai-based startup Madmix, formerly known as Daily Staple and operated by Mel Sante Food Production Pvt. Ltd., has achieved a significant milestone with a substantial pre-seed funding round valuing the company at approximately INR 12 crore. This funding round is led by Prime Securities and includes prominent investors such as Authum Investments and Team India … Read more

Brillio Announces Investment by The Orogen Group

Brillio, a leading digital transformation services and solutions provider, today announced a significant milestone in its growth journey with the addition of The Orogen Group (“Orogen”) as a strategic investor. Financial terms of the private transaction were not disclosed. The investment brings with it Orogen’s extensive strategic and operational experience, as Brillio continues to expand its capabilities … Read more

Sploot secures $800K In Seed Funding

Sploot, a pet-parenting mobile app started by Delhi-based Garima Kaushal and Arnav Sahni, has raised USD 800,000 through its second round of seed funding. The app is backed by Info Edge’s subsidiary Redstart Labs and angel investors. With the newly raised funding, the company aims to leverage it to expand its services, including dog walking … Read more