VeriSIM Life, the leading artificial intelligence (AI)-enabled, unique R&D decisions de-risker for breakthrough drug development, today announced it has closed its oversubscribed $15 million Series A round. The financing was led by Morpheus Ventures. Additional new investors include Debiopharm Innovation Fund and Colorcon Ventures, with continued support from existing investors OCA Ventures, Intel Capital, Serra … Read more
SaaS Capital, the leading provider of growth debt to software-as-a-service (SaaS) companies, today announced that it has closed its fourth fund with $128 million in limited partner commitments. This fund follows its successful predecessors in pursuing a highly focused strategy, solely serving growth-stage, private, B2B software companies looking for an alternative to dilutive equity capital. … Read more
Bag2Bag, a travel technology startup, based out of Bangalore, India which deals in online hotel booking have received their first external funding from a US based investor. This is still a tough phase in travel and hospitality sector, but Bag2Bag’s growth is significant, future plans are promising and the team is experienced which has established … Read more
Campus 365 Edunet Pvt Ltd, a Bengaluru-based edtech business, announced on Thursday that it has raised Rs 2.15 crore in seed funding led by Bengaluru-based angel investors. Campus 365 claims to offer a SaaS (software-as-a-service) platform that unifies school curriculum, teaching methods, and vendor resources. It was founded in 2017 by Mayank Singh, Sandeep Verma, … Read more
Mainstreet Marketplace, a sneaker resale marketplace, has raised an unknown sum in a seed fundraising round. Kunal Shah, founder of Cred, Raj Shamani, entrepreneur, digital content creator, podcaster, and investor, Varun Duggirala, founder of Glitch, Rohan Batra, MD, Cravatex Brands, Prashant Iyer, Rohit Raj, founder of Glitch, Bhavisha Dave, founder of Capsul, and Keshav Hingorani, … Read more
TPG, a leading global alternative asset firm, and Fractal , a global provider of artificial intelligence and advanced analytics solutions to Fortune 500® companies, today announced that they have signed a definitive investment agreement. TPG is investing US$ 360 million in Fractal through TPG Capital Asia, the firm’s Asia-focused private equity platform, in a transaction that includes a combination … Read more
LivFin India Private Limited, situated in Delhi, has raised $2 million in venture loan from BlackSoil, a significant NBFC and notable credit player. Livfin, a Delhi-based fintech NBFC, has been providing supply chain finance to mid-to-large corporations since January 2018, by setting up programmes to lend to their suppliers/vendors and distributors/dealers/retailers using a ‘Anchor’-based financing … Read more
Bambrew, India’s largest one-stop innovative packaging solution provider as an alternative to single-use plastic, has raised pre-Series-A funding. Blue Ashva Capital and Supack Industries led a $2.35 million investment round. Mumbai Angels and other renowned angel investors took part in the round. The current influx of capital will be used to establish India’s first tech-enabled … Read more
Bombay Shaving Company (BSC), India’s biggest hair removal business, has raised INR 160 crore in a round led by Malabar Investments, an Indian hedge fund. Patni Advisors, Singularity AMC, and other HNIs also took part in the round. This financing included ESOP sales for some of its workers as well as INR 45 crore in … Read more
Brankas, Southeast Asia’s leading Open Finance technology company, announced the close of its US$20m Series B investment round led by Insignia Ventures Partners with participation from existing investors Beenext and Integra Partners. With this round, Brankas aims to scale its network of more than 40 financial institutions and 100+ technology companies, expand its product menu of banking-as-a-service APIs serving … Read more
X0PA AI, a leader in AI-powered objective hiring solutions, today announced $4.2 million USD in Series A funding. The investment was led by ICCP SBI Venture Partners (ISVP), with additional funding from SEEDS Capital, AI8 Ventures, XCEL NEXT VENTURES, and SASV Investments. The new funding comes on the back of significant growth into new markets … Read more
Geniemode, a B2B cross-border sourcing and supply chain technology company for businesses, has raised $7 million (about Rs 52.5 crore) in a Series A investment led by Info Edge Ventures. Geniemode Global Pvt Ltd was created in March 2021 by Amit Prakash Sharma and Tanuj Gangwani with the goal of organising the global sourcing and … Read more
Innoviti Payment, an enterprise payments solution provider, has received Rs 80 crore in the first close of its ongoing Series D round, which is a mix of debt and equity. Trifecta Debt Fund, Patni Advisors, and Bessemer Venture Partners participated in the round. This round also included Sanjoy Bhattacharya, Bharat Jaisinghani, and a slew of … Read more
BlackSoil, a new-age, sector-agnostic alternative lending platform, has raised $70 million for its NBFC using non-convertible debentures (NCDs). The funds raised in this round will primarily be used for lending activities, including a variety of loan products, to fund mid- and growth-stage startups in the startup ecosystem. Deep Tech, B2B Tech, Enterprise SaaS, FinTech, HealthTech, … Read more
CASHe, India’s top credit-led, AI-driven financial wellness platform, announced that its Singapore-based holding company, TSLC Pte Ltd, has closed 140 crores in equity fundraising. The recent capital infusion boosts the Mumbai-based fintech company’s balance sheet to over Rs. 800 crores, with roughly Rs. 300 crores in equity and over Rs. 500 crores in debt raised … Read more
Groyyo, a B2B Manufacturing and Automation start-up based in Mumbai, announced today that it has raised $4.6 million in a seed round led by Alpha Wave Incubation (AWI), which is supported by DisruptAD, ADQ’s investment platform, and managed by Falcon Edge Capital. Deepak Jain (Partner & Manufacturing Lead, Bain & Co), Arpan Seth (Partner & … Read more
