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Redpanda Announces $50M Series B Funding from GV, Lightspeed Venture Partners, and Haystack VC

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Redpanda Data (formerly Vectorized) today announced it has raised $50M in Series B funding, led by GV with participation from Lightspeed Venture Partners (LSVP) and Haystack VC. Released in early 2021, Redpanda is a modern streaming platform that gives developers a simple, fast, reliable, and unified “engine of record” for both real-time and historical enterprise data. With its … Read more

Online Dispute Resolution Platform Presolv360 Raises USD 1.08 Million in Seed Funding from MGA Ventures, Omidyar Network India, and Others

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Presolv360, an Online Dispute Resolution (ODR) platform that offers technology-driven new-age solutions for resolving disputes, has raised $1.08 Million (INR 8.13 crores) in seed funding from MGA Ventures (Ashra Family Office), Omidyar Network India, and the round also saw participation from family offices like Inspira Enterprises, M Pallonji, Jeena and Co., Fine Fragrances, and other … Read more

Battery swapping startup Chargeup raises $2.5 mn in Series A funding

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Chargeup, a business that swaps out batteries, has secured $2.5 million (Rs 18 crore) in a pre-Series A investment led by Capital-A and Anicut Capital. Tiger Shroff, Aman Gupta and Sameer Mehta (founders of boAt), as well as Shraddha Kapoor, took part in the funding round. The cash will be used to expand its network … Read more

Wholsum Foods raises $7M In Funding

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Wholsum Foods, the parent business of children’s food brand Slurrp Farm, secured $7 million in a new round headed by Investment Corporation of Dubai, the sovereign wealth fund of the Government of Dubai, and current investor Fireside Ventures on Wednesday. Slurrp Farm, founded in October 2016 by Meghana Narayan and Shauravi Malik, aims to provide … Read more

Sales engagement platform Vymo raises $22M in Series C Round

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Vymo, an intelligent sales engagement platform for financial institutions, has secured $22 million in a Series C round led by Bertelsmann India Investments, with participation from current backers Emergence Capital and Sequoia Capital. Vymo, founded in 2013 by McKinsey graduate Yamini Bhat and Google alum Venkat Malladi, helps improve sales performance through bottom-up insights and … Read more

Fintech SaaS startup Xoxoday raises $30M

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Giift, a global provider of loyalty management solutions backed by Apis Growth Fund II, a private equity fund managed by Apis Partners LLP, announced on Wednesday that it has invested $30 million (Rs 225 crore) in Xoxoday, a Bengaluru-based fintech startup in the rewards, incentives, and payout space. Almost a decade ago, the four founders … Read more

Krishify raises $6.2mn Pre-Series A funding round

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Krishify, a rural social network, has raised USD 6.2 million in Pre-Series A funding from Omnivore, an agritech venture capital firm, as well as current investors Ankur Capital, Omidyar Network India, and Orios Venture Partners. Krishify, based in Gurugram, was formed by IIT grads Rajesh Ranjan, Manish Agrawal, and Avinash Kumar in 2019. Rajesh formerly … Read more

Facilio Raises $35M in Series B Funding

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Facilio, a property operations software platform provider based in New York, has acquired $35 million in Series B funding. Dragoneer Investment Group led the round, which also included Brookfield Growth, Accel India, and Tiger Global Management. The money will be used to grow the company’s market leadership, develop sales and marketing, and empower more businesses … Read more

Gurugram based Fleetx.io raises $19.4M in Series B round

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FleetX, a Gurugram-based freight visibility and fleet management platform, announced on Tuesday that it has raised $19.4 million in Series B funding led by IndiaMart, with existing investors India Quotient and BEENEXT participating. Vineet and his co-founders Abhay Jeet Gupta, Udbhav Rai, Parveen Kataria, and Vishal Misra launched the company in 2017. It promises to … Read more

Pharma startup V-Ensure raises Rs 130 Cr in Funding

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V-Ensure Pharma Technologies, a contract medication manufacturing company, announced on Tuesday that it had raised Rs 130 crore ($17.5 million) in capital from Investcorp and Tanas Capital, an Asia-based private investment group. The new funding will be used to seek expansion prospects in North America, Europe, and other global markets for product development and launch. … Read more

GraphQL developer Hasura turns unicorn, raises $100M in Series C funding

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GraphQL innovation leader Hasura today announced that it has secured $100M in funding in a round led by Greenoaks with participation from existing investors Nexus Venture Partners, Lightspeed Venture Partners and Vertex Ventures. The Series C round brings the total capital raised by Hasura to $136.5 million and the company’s valuation to $1 billion. Hasura … Read more

MediBuddy Raises USD 125 Million in Series C Funding

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MediBuddy, India’s leading end-to-end digital healthcare platform, has raised USD 125 million in Series C funding from Quadria Capital and Lightrock India along with participation from existing investors Bessemer Venture Partners, India Life Sciences Fund III, Rebright Partners, JAFCO Asia, TEAMFund LP, FinSight Ventures, InnoVen Capital, Stride Ventures, andAlteria Capital. MediBuddy provides its users with … Read more

Convergent Finance LLP to Acquire a Controlling Stake in Jagsonpal Pharmaceuticals Limited

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startup funding

Funds managed by Infinity Investment Management and advised by Convergent Finance LLP (“Convergent Funds”), announced the execution of an agreement with the existing promoter shareholders of Jagsonpal Pharmaceuticals Limited (“Jagsonpal”) to acquire approximately 43.7% of the outstanding shares of Jagsonpal at a price per share of INR 235 for a total consideration of INR 2,692 mm (USD … Read more

AiDash acquires farming solutions company Neurafarms.ai

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Neurafarms.ai, a developer of geospatial and AI-powered farming solutions, has been purchased by AiDash, a leading provider of satellite- and AI-powered operations, maintenance, and sustainability solutions. AiDash will benefit from the purchase of Neurafarms.ai by strengthening its product line and adding key talent to its high-performing staff. Bhavesh Patidar, co-founder of Neurafarms.ai and leader of … Read more

DealShare raises additional $45M in ongoing Series E round

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DealShare, a social commerce firm located in Jaipur, announced on Thursday that it has raised an additional $45 million as part of its ongoing Series E fundraising round from an Abu Dhabi Investment Authority wholly-owned subsidiary (ADIA). The rapidly developing social commerce startup, founded by Vineet Rao, Sourjyendu Medda, Sankar Bora, and Rajat Shikhar in … Read more

AGRIM raises $10M in Series A led by Kalaari Capital

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AGRIM founders

Agrim Wholesale, an agritech firm, raised $10 million in a Series A round led by Kalaari Capital, with current investors Omnivore, India Quotient, and Accion Venture Labs joining in. As part of their Bharat Banking effort, Axis Bank also participated in the round. AGRIM is a digital platform for the agri-inputs business that connects merchants … Read more