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
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 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
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
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, 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
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
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
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
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
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
Bytebeam, a Bengaluru-based B2B startup that simplifies Internet of Things (IoT) solutions, has received $3 million in seed funding from Together Fund, Accel, and STRIVE VC. AdvantEdge VC, backed by the Motherson Group, Phanindra Sama, founder of redBus; Tanmai Gopal, cofounder of Hasura; Vimal Kumar, founder of Juspay; Mekin Maheshwari, former CPO at Flipkart; Deepak … Read more
Dr. Vinay Jain of Witty Group of Institutions has invested an undisclosed amount in Mumbai-based edtech startup Ednovate in a Series A fundraising round. Other angel investors in the round were Ajay Sarupria and Kaushik Mehta. The new funds will be utilised to grow the company’s operations in India and around the world. In the … Read more
Katanox, the travel accommodation distribution and fintech platform, has raised $ 5.7 million from a group of financial, hospitality, and tech entrepreneur family offices to overhaul and reconfigure B2B distribution in hospitality. The group of investors includes Rappi and Yuno co-founder Juan Pablo Ortega, co-founder of fintech Dimebox and current co-founder and CEO of Founda Jan Joost Kalff, and … Read more
Blume Ventures, GrowX Ventures, IIFL, and Kotak Securities Limited led a $3 million Pre-Series A fundraising round for fintech firm Multipl. The new funds will be used to expand the platform’s investment possibilities and help customers better budget their costs, according to the company. Multipl, founded in 2020 by Paddy Raghavan, Jags Raghavan, and Vikas … Read more
ADM Capital has invested $15 million in loan and equity for Bengaluru-based edtech firm iNurture. As part of the arrangement, iNurture’s current investor VenturEast will exit the company, and ADM Capital will take over its shares. The new funds will be used to expand iNurture’s National Education Policy 2020 (NEP) programmes, improve its technology stack, … Read more
