Progcap, a startup in corporate financing, raised $40 million from investors in its Series C investment. The business had previously received $30 million from Creation Investments and Tiger Global. It raised a total of $70 million during the most recent round, valued at $600 million. The venture, which was established in 2017 by Pallavi and … Read more
Leading Indian skincare and cosmetics brand NutriGlow has secured Series A funding from the investment major G.O.A.T Brand Labs. Apart from its own website, with an extensive presence on all e-retail platforms including Amazon, Flipkart and Nykaa, the beauty brand is looking to use the funding for the development of infrastructure, research and development (R&D) … Read more
FanClash, a Bengaluru-based esports startup, has acquired $40 million in Series B funding to help it achieve its goal of creating a worldwide esports fantasy, data, and fan engagement platform. The current fund raise was co-led by existing investors Sequoia Capital India, Falcon Edge, and Info Edge India, as well as Matic Networks (Polygon). FanClash … Read more
Genomatica (Geno), a leader in biotech and sustainability and Unilever have launched a venture to scale and commercialize alternatives to palm oil and fossil fuel-derived cleansing ingredients. These are integral to the formulations of thousands of everyday cleaning and personal care products. With growing demand for sustainably-sourced palm oil, this venture aims to deliver additional … Read more
Vieroots Wellness Solutions, a Bengaluru-based new-age wellness firm, is set to invest Rs.100 to open 50 Vieroots Experiential Centres across metro and tier – 1 cities in India by 2025. As a part of the expansion plan, the firm backed by Bollywood actor Suniel Shetty will open six first-of-its-kind interactive and immersive tech-driven Experiential Centres … Read more
Platform9, the Open Distributed Cloud company, today announced that it has closed $26 million financing led by Celesta Capital, with participation from Cota Capital, NGP Capital, and other investors. This financing round comes on the back of three consecutive years of 100% growth in annual recurring revenue (ARR) for SaaS Kubernetes, led by enterprise interest in cloud-native distributed clouds. In … Read more
BibliU, provider of a Learning Enablement platform, today announced details of its Series B funding. The company has raised the first tranche of $15M led by its current investors with participation from new investors. The funds are targeted for expansion in the U.S. market, including new product development, additional publisher partnerships and further investments in … Read more
WorldGrad, a study abroad EdTech platform, recently raised an undisclosed amount in a new fundraising round from Australia’s Online Education Services (OES). Linc Education, an online academic services provider with a great track record of academic achievement and student success, runs the WorldGrad. The company claims to have added seven new partner universities to its … Read more
Way2News, a city-based vernacular short news app, has raised USD 16.75 million in a Series-A round led by WestBridge Capital and Sashi Reddi, a well-known venture financier. According to a press release from the firm, this is WestBridge Capital’s first investment in India’s media and entertainment sector. Way2News, which was founded in 2016, provides short … Read more
Gurgaon based Intents Mobi, a geospatial intelligence startup, today announced that it has raised $1 Million in a funding round led by DevX Venture Fund. The round also saw participation from other investors like Unnati Labs and multiple marquee strategic angels from Logistics & Mobility sector whose ventures are backed by Tier1 VCs. The company … Read more
Kissht, a consumer financing platform, raised $80 million in a new round headed by Vertex Growth and the Brunei Investment Agency. The financing included existing investors Vertex Ventures SEA India and Endiya Partners. \ Kissht was founded in 2015 to give new to credit customers with a quick line of credit for small business transactions … Read more
FlexiLoans, an online lending platform for small businesses, has secured $90 million in a Series B funding round that includes a mix of equity and debt. MAJ Invest of Denmark led the $28 million equity round, while Fasanara Capital of the United Kingdom led portions of the equity and debt rounds. FlexiLoans is a digital … Read more
Dubverse.ai, an AI-powered SaaS video content dubbing and creation platform has raised USD 800K in seed funding led by global funds including Kalaari Capital. Founded in 2021 by Varshul CW and Anuja Dhawan, Dubverse is the first-ever platform which supports end-to-end dubbing and produces ready-to-publish videos in real-time. The self-service platform allows full control to … Read more
Vybe Network, the premier data infrastructure solution, today announced the close of a $10.5 million USD Series A investment. Vybe Network enables the Solana community to query, index and exchange on-chain data to build Web3 dApps and analytics. The round is led by FTX with additional participation from Sino Global, Staking Facilities, Serum, Panony, Tess Ventures, Contango, … Read more
Dil Foods, a company that works with small to medium-sized independent food enterprises and restaurants, just received $128,000 in angel finance. With this money, the company plans to expand and develop in Bengaluru. It has gone live for home delivery in 15 sites throughout Bengaluru in just over two months. It touts itself as an … Read more
Slice, a fintech business, announced on Wednesday that it has secured $50 million in a larger series C round led by Tiger Global, which it will use to expand its new unified payments interface (UPI) platform. Moore Strategic Ventures and Insight Partners, as well as a new investor, GMO VenturePartners, participated in the newest investment … Read more
