Entri, a Kochi-based online learning platform that empowers applicants through local language lessons, has raised $7 million in a Series A round led by Omidyar Network India, with participation from Boston-based Innospark Ventures and Hong Kong-based private equity firm Integrated Capital. Entri.app, which was founded by Mohammed Hisamuddin and Rahul Ramesh in 2017, claims to … Read more
Sumeru Ventures led a Series C fundraising round for GOQii Inc, which raised $50 million. GOQii, a smart-tech-enabled healthcare platform founded in 2014 by Vishal Gondal and headquartered in California with operations in Mumbai, is a smart-tech-enabled healthcare platform that connects customers to the full preventative healthcare ecosystem. Fitness tracker, app, coaching, healthstore, insurance, and … Read more
Proactive For Her, a women’s healthcare firm, raised $5.5 million in a Series A fundraising round headed by Vertex Ventures SEA and India and previous investor Nexus Venture Partners on Wednesday. Achitha Jacob, an IIT-Bombay alumna, created Proactive For Her in 2020 with the goal of delivering judgement-free, progressive, body-positive, queer affirmative, and trauma-informed healthcare … Read more
Semaai, an AgTech startup based in Indonesia, has announced US$1.25 million in pre-seed funding led by Surge, Sequoia Capital India’s rapid scale-up program for startups in India and Southeast Asia, and Beenext. Angel investors Nipun Mehra, Founder & CEO of e-commerce startup Ula; Harshet Lunani, founder and CEO of Qoala; and Prashant Pawar, Technology Investment Banker … Read more
Glance, a leading AI-driven lock-screen platform, announced today that it has agreed to raise US$200 million from Jio Platforms Limited (“Jio”) in its Series D round of funding. The transaction is subject to the satisfaction of customary closing conditions and regulatory approvals. The proposed investment by Jio is aimed at accelerating Glance’s launch in several … Read more
SaaS platform BiteSpeed today announced that they have raised US$1.9 million in seed funding led by Sequoia India’s Surge, with participation from First Cheque, Whiteboard Capital and Angels including CRED founder Kunal Shah and Teachable founder Ankur Nagpal. BiteSpeed provides e-commerce brands with the tools to help them embrace conversational commerce as the future of … Read more
Sushma Group, a real estate company based in Punjab, has raised Rs 100 crore from Motilal Oswal Group for the building of a residential project. The funds will be used to expand Sushma Joynest MOH 1, the company’s current housing project in Zirakpur, Punjab. In this 10.75-acre project, the business is building approximately 1,050 units, … Read more
Altigreen, an electric vehicle manufacturer, announced on Friday that it has raised $39.8 million in a Series A round of funding to expand its EV manufacturing, launch new products such as LCVs, and increase its national footprint. Altigreen, a provider of electric vehicle technology and solutions for commercial last-mile transportation via two, three, and four-wheeled … Read more
Renee Cosmetics, a beauty brand, raised $ 10 million in a Series A round headed by Mensa Brands on Friday. Existing investors, such as Equanimity Investments and 9Unicorns, participated in the round as well. RENEE Cosmetics is a cruelty-free cosmetic brand founded in 2019 by Aashka Goradia Goble and Beardo co-founders Ashutosh Valani and Priyank … Read more
US, Australia, and Bengaluru-based Bugworks, a clinical-stage multi-indication therapeutics startup,announced that it has raised $18 million in Series B1 funding. The round was led by Lightrock India and included existing investors Bugworks is a clinical-stage biopharmaceutical company founded in February 2014 with the goal of developing novel anti-infectives and immuno-oncology (IO) therapeutic assets using cutting-edge … Read more
Prosus Ventures, Sistema Asia Capital, RingCentral Ventures, KDDI Open Innovation Fund, DG Daiwa Ventures, and consultancy firm Nexxus Global have announced a $35 million Series B round of funding for virtual event and engagement platform Airmeet. Lalit Mangal, co-founder of CommonFloor, with former executives Manoj Singh and Vinay Jaasti created Airmeet in August 2019. In … Read more
Anveya Living Private Limited, the company behind premium beauty and personal care brands Anveya and ThriveCo, has raised INR 8Cr from Rukam Capital in its seed round. The company plans to use the capital to further research and development, enter new categories and markets, and to build the team to power further expansion. Founded by … Read more
Darwinbox, Asia’s fastest growing HR tech platform, today announced another milestone witha US $72 million funding round, leapfroggingthe companyto a billion-plus-valuation. Led by Technology Crossover Ventures (TCV) along with participation from existing investors Salesforce Ventures, Sequoia India, Lightspeed India, Endiya Partners, 3One4Capital, JGDEVand SCB10X,the round takes the total investment in the company to over $110 … Read more
Smiles.ai, a healthcare business, has received $23 million in Series A funding from Alpha Wave Incubation (AWI). Existing investors Sequoia Capital India and Chiratae Ventures also participated in the round. Hitesh Kakrani and Dr. Jatin Kakrani established Smiles.ai in 2019. To provide access to high-quality and cost-effective dental care goods and services, the firm uses … Read more
Ola Electric, founded by Bhavish Aggarwal, is now valued at $5 billion thanks to a $200 million investment from Tekne Private Ventures, Alpine Opportunity Fund, and Edelweiss. Last December, the electric vehicle manufacturer raised $500 million from prominent institutional investors through a Term Loan B (TLB), which drew a massive response from investors, with interest … Read more
T-Hub, which leads India’s pioneering innovation ecosystem, today announced that it got selected under the Startup India Seed Fund Scheme by DPIIT, GOI to disburse INR 5 Cr among eligible startups with an objective to support and fuel early stage funding in startups. With an aim to provide value-driven and effective growth for the startups, … Read more
