Entrepreneur News Network

Bravado Raises $26M Led By Tiger Global, Acquires Compgauge

Bravado, the professional network for B2B sales, today announced it has raised $26 million in Series B funding led by Tiger Global. The round included community participation from 250 Chief Revenue Officers and VPs of Sales, along with prominent angels like Zynga founder Mark Pincus, Lenny Rachitsky and the Airbnb alumni syndicate, Packy McCormick, and Sahil Bloom. Existing investors Redpoint Ventures, XYZ Ventures, Freestyle … Read more

Saga Raises $6.5 Million Seed Round to Build the Next 1000 Chains in the Multiverse

Saga announced today that it has raised a $6.5 million seed round at a $130 million valuation. Investors in the round include Maven 11, Longhash Ventures, Hypersphere, Figment, Polygon Studios, Samsung NEXT, Chorus One, GSR, C2X, CRIT Ventures, Merit Circle, Hustle Fund, Unanimous Capital, Strangelove Ventures, Tess Ventures, nfr, Akash Network, Zaki Manian, Jae Kwon, Garrette Furo, Alex Shin, Nick Tomaino, Peter Kim & Bo Du (Polymer) and several … Read more

QSR chain 99 Pancakes raises Rs 6.5 cr to fuel expansion

99 Pancakes, a Mumbai-based quick service restaurant (QSR), has raised Rs 6.5 crore from a group of angel investors in a round of fundraising. In the next months, India’s first QSR chain specialising in pancakes plans to use the funds for aggressive expansion and marketing across the country. The company, which recently partnered with major … Read more

Bengaluru based Startup GeoIQ raises $2.25 mn in funding

GeoIQ, a hyperlocal performance prediction firm, has raised $2.25 million from Lenskart and current investors 9Unicorns and Ecosystem Ventures. The funding will be used to grow into worldwide geographies, develop the startup’s proprietary data stack, and leverage data scientist networks to build various AI models. Devashish Fuloria, Tusheet Shrivastava, and Ankita Thakur created Bengaluru-based GeoIQ … Read more

Pressto Announces $1.5 Million Pre-seed Round

EdTech startup Pressto is proud to announce its Pre-Seed Capital raise of $1.5 million led by Tidal Venture Partners and with participation by Copper Wire Ventures as well as angels including Isa Watson (Lightspeed Ventures Scout Fund), Wray Thorn (Clear Heights Capital), Dan Carroll (Clever), Ann Berry (Threadneedle Ventures), Jacob Zachs (former Newsela), Chris Yeh (Blitzscaling Ventures) and Alex Rappaport (Flocabulary). Pressto’s proprietary technology makes learning to write fun for kids and easy for teachers. … Read more

Smytten raises Rs 100 Cr in Pre-Series B funding led by Fireside, Roots Ventures

Smytten, a product discovery and trial platform powered by technology, has raised Rs 100 crore in Pre-Series B funding from Fireside Ventures and Roots Ventures. Sharrp Ventures, Waao Partners, Survam Partners, and Sattva Group Family Office also participated in the fundraising round. The company’s valuation, while secret, has doubled as a result of this funding. … Read more

O’2 Nails India raises second funding from Atal Incubation Center – BIMTECH

O’2 Nails, a fast-growing consumer and fashion retail firm specialising in nail care, has acquired $75,000 in funding from Atal Incubation Centre – BIMTECH and other notable investors as part of the Government of India’s Startup India initiative. The Seed Fund Scheme provides capital in the form of debentures. Under their “Gurukul” programme, AIC – … Read more

Jungle Ventures announces a $600Mn fund close, crosses $1Bn in AUM

Jungle Ventures, based in Singapore, has announced a $600 million Fund IV close, including $450 million in the main fund and $150 million in additional managed commitments. This takes Jungle’s total Assets Under Management (AUM) to over $1 billion, making it the first independent Singapore-based VC firm to do so. Jungle invests across Southeast Asia … Read more

Robert Downey Jr.’s FootPrint Coalition Ventures Joins Motif FoodWorks in its Effort to Reimagine Plant-Based Foods

Motif FoodWorks, the Boston-based food technology company making plant-based food better tasting and more nutritious, today announced an investment by Robert Downey Jr.’s FootPrint Coalition Ventures. Along with the investment, the companies will partner on the development of new-to-the-world plant-based food forms. Separately, Motif also unveiled an expanded product portfolio—in addition to its food technologies—for … Read more

Buildots Raises $60 Million in Series C Funding

Buildots, which uses AI and computer vision to modernize construction management, today announced a $60 million Series C round mutually led by Viola Growth and Eyal Ofer’s O.G. Tech along with existing investors TLV Partners, Lightspeed Venture Partners, Future Energy Ventures and Maor Investments. Buildots will use the new funds, secured less than a year after the company’s series B … Read more

Student Living startup Adventum raises USD 5 mln

Adventum Student Living (ASL) announced on Monday that it has raised $5 million from investors (about Rs 38 crore). Adventum Student Living (ASL), which launched in 2020, helps students locate housing and education financing through its online platforms UniAcco, UniCreds, and UniScholarz. It also provides different assistance to students seeking higher education abroad. The company … Read more

Lenskart invests $100 million in Neso Brands in seed round

Lenskart Solutions Pvt. Ltd, an eyewear company, announced on Monday that it had invested over $100 million in Singapore-based Neso Brands as seed capital. According to the release, Neso Brands, based in Singapore, will continue to invest in consumer eyewear brands and grow them by using synergies across the Lenskart Group to drive worldwide expansion. … Read more

Bollywood actress Sonam Kapoor invested undisclosed amount in Blockchain-based game MechaFightClub

Sonam Kapoor, a Bollywood actress, has invested an unknown sum in online gaming firm Irreverent Labs’ blockchain-based game MechaFightClub (MFC). According to the US-based firm, MechaFightClub is a metaverse gaming platform with each character in the game being an individually unique, artificially intelligent non-player-character (NPC) living on blockchain as an NFT. Irreverent Labs, founded in … Read more

FMCG wholesale platform ApnaKlub raises $10M in Series A Funding

ApnaKlub, an FMCG wholesale platform for low population density areas, revealed on Thursday that Tiger Global has invested $10 million in its Series A round. In August 2021, they raised $4 million from Sequoia India’s Surge, Blume Ventures, Whiteboard Capital, and Flourish Ventures. The Bengaluru-based firm, founded in 2020 by HBS alumni Shruti and Manish … Read more

StartPlaying Announces $6.5M Seed Round Funding from Andreessen Horowitz

StartPlaying, the largest online platform to find tabletop role-playing games and professional Game Masters, announced a $6.5M seed round led by venture capital firm Andreessen Horowitz general partners Jonathan Lai and Andrew Chen. The funds will go towards scaling marketing to reach new players, broadening StartPlaying’s network of industry partnerships, and hiring top talent. The company aims to double their … Read more

Medtech firm Agatsa secures Rs 125 mn in funding from cardio experts

Agatsa, a medtech startup that specialises in cardiac issue diagnostics, has raised Rs 125 million to expand its operations and product portfolio. Its goal is to transform India’s cardiac care business. Agatsa has established itself as India’s first B2C med-tech brand, and it is now pursuing B2B partnerships with large hospitals and telehealth firms, according … Read more

Fintech Firm BharatX Bags $4.5 Mn in seed funding

BharatX, a Y-Combinator-backed startup, has raised $4.5 million in a seed round from Y Combinator, 8i Ventures, Multiply Ventures, Soma Capital, and other investors to enable integrated credit in India. Java Capital, an existing investor, also took part in the round. BharatX, founded in 2019 by Jindal, Eeshan Sharma, and Shyam Murugan, offers integrated credit … Read more

B2B Marketplace TradeIndia plans to Recruit Over 500 Professionals

TradeIndia, India’s largest online B2B marketplace, has begun aggressive hiring plans in a variety of industries. TradeIndia is looking to start an aggressive talent acquisition campaign at all levels, from executive to C-suite leadership, as part of its expansion plan and employee care scheme. The brand is currently focusing on undertaking more leadership acquisitions on … Read more

FuelBuddy launches doorstep fuel delivery services in Northeast India

 India’s first and largest legal doorstep fuel delivery service provider, FuelBuddy, recently launched its services in the North-Eastern part of India. The expansion is backed by an Rs. 35 crores investment and promises an employment opportunity for 300 locals.  In order to streamline its operations across the seven sisters, FuelBuddy has partnered with Apna Pump … Read more

Vivriti Capital raises $30 mn from TVS Capital in Series C Funding

As part of its Series C round, non-bank lender Vivriti Capital Pvt. Ltd raised an extra $30 million (about Rs 228 crore) from TVS Shriram Growth Fund 3. Vivriti Finance, which provides debt capital to SMEs in India, most recently secured a Series B investment from Lightrock in two tranches, with $100 million in March … Read more