WallMantra, a prominent home decor and furnishing platform situated in Delhi NCR, has raised INR 2 crore in a seed round from Fluid Ventures Fund. WallMantra is a pioneer in making and marketing high quality luxury home decor and furnishing products at an affordable price, founded by Jitesh Agarwal, Shivam Agarwal, and Kundan Lal. With … Read more
Honasa Consumer Pvt. Ltd. (HCPL), the parent company of Mamaearth, The Derma Co., and the fastest growing personal care House of Brands, has closed a USD 52 million round led by Sequoia Capital, solidifying the business’s leadership in the D2C personal care space. Sofina Ventures SA, a Belgian investment firm, and Evolvence, a UAE-based India-focused … Read more
NextPoint Financial Inc. an all-inclusive financial services destination providing tax services, loans and other solutions for underserved consumers and small businesses, announced today that it has completed the acquisition of Chicago-based Community Tax LLC, (“Community Tax”), a fast-growing leader in tax debt resolution and other tax-related services for approximately US$90 million in cash and stock, … Read more
Vendor Infra, a business-to-business (B2B) digital collaboration platform for the infrastructure and construction industries, recently announced that it has raised $265,000 in an angel fundraising round from numerous leaders in the infrastructure and IT industries. Vendor Infra, founded by Rahul Jain in 2019, offers infrastructure and construction businesses, vendors, manufacturers, suppliers, and consultants a unified … Read more
FPL Technologies, which distributes OneCard branded credit cards, has raised $76 million (Rs 565 crore) in funding from Delaware-based QED Fund and Singapore-based Ocean View Investment. FPL Technologies is a fintech startup that operates in the digital and physical credit cards, named OneCard, and credit score-checking product, called OneScore. It was founded in 2019 by … Read more
An insurance broker, SecureNow, has raised $6 million in a Series B financing. Apis Insurtech Fund I, administered by Apis Partners LLP, and Charan Singh, founder of SelectQuote Inc. participated in the round. SecureNow is an end-to-end insurtech platform that provides pure-risk commercial insurances to small and medium businesses. It was founded in 2011 by … Read more
According to papers with the Registrar of Companies, Mumbai-based fintech Jupiter has raised $86.6 million in a Series C round of funding headed by New York-based hedge fund Tiger Global, Sequoia Capital, and Virgina-based QED Investors (RoC). Jupiter is a customer-facing neobank founded in 2019 by serial entrepreneur and CitrusPay creator Jitendra Gupta. It offers … Read more
Annapurna Finance, a microlender, revealed on Tuesday that it has raised USD 30 million in a new investment round headed by Nuveen Global Impact Strategy, an impact investor. According to an official release, the financing would enable it extend its credit portfolio to include women borrowers under the joint liability group and self-help group models. … Read more
Wearable Technology Neuphony, a health-tech startup, has raised INR 1.1 crore in a seed round from ah! Ventures Angel Platform and other investors such as DERBI Foundation and IIMA CIIE. ah! Ventures’ overall portfolio is INR 251 CR (33.5 MN USD) with 11 exits and 21 follow-on rounds, with 40 investments in 2021 and a … Read more
Skippi Ice Pops – India’s 1st Ice Popsicle brand received funding of a whopping 10 million INR for 15% equity in the 1st edition of Shark Tank India aired on Sony Entertainment Television on Monday, 27th December 2021. Led by Kabra Global Products Pvt. Ltd., India, Skippi Ice Pops launched with an aim to introduce … Read more
Following his Spilit from Hair Originals co-founder Jitendra Sharma, Ashish Tiwari has founded Hair Forever, a new business in the hair extensions industry. Hair Forever has raised USD 150K in a pre-SEED round from a group of angel investors. After Healthkhoj and Hair Originals, this is the serial entrepreneur’s third endeavour. In November of this … Read more
We Founder Circle, a founder-backed early-stage company investor, and Wami Capital invested in EsportsXO, a SAAS-based tournament finding platform for gamers, in a seed round of USD 1.1 million. Other notable investors who participated in the round lead by We Founder Circle included SOSV, Mumbai Angels Network, SucSEED Innovation Fund, The Gaming Lounge, and FAAD … Read more
Ritu Marya Family Office has invested in Zorgers, a home healthcare start-up. The money will be utilised to increase their geographical reach and mobilise 50,000 healthcare professionals over the next two years. Zorgers, based in Chandigarh, is an eight-year-old healthcare startup that specialises in at-home healthcare and offers services such as ICU at Home, Critical … Read more
Rhaeos, Inc., a private, clinical stage medical device company developing a platform wireless and non-invasive wearable sensor initially targeting the neurosurgical suite, today announced the successful closing of its oversubscribed $2.2 million seed financing. The round, which brings a total of over $8 million in dilutive and non-dilutive financing to date, includes participation from Creative Ventures, Portal Innovations, Lateral … Read more
Artha Venture Fund (AVF), India’s first early-stage micro-VC fund, led a seed round of 1.75 crores in StarClinch today. Nitish Mittersain, the Founder and CEO of Nazara Technologies, also took part in the round. From AVF’s recently closed 225 crores micro-VC fund, StarClinch is the 14th investment and 23rd funding round. StarClinch, which was founded … Read more
Jupitice, the world’s first Justice Technology (JusTech) firm, has secured $ 4 million in a Pre-Series A investment sponsored by Almas Global Opportunity Fund. Mr Raman Aggarwal founded Jupitice, which has created and constructed the World’s First Next-Generation Justice Technology Platform based on AI, Machine Learning, and Blockchain. The capital was raised in just a … Read more
