Perfora, a digital-first and design-led oral care brand, has raised a $260,000 Pre-Seed round led by Sauce.vc, a venture capital fund that backs early-stage consumer brands. Huddle, India’s leading accelerator and early-stage fund for disruptive start-ups founded by Sanil Sachar and Ishaan Khosla also took part in the round. Other investors who backed the company in this … Read more
Unbox Robotics, a leading supply chain robotics technology company, raised $7 million in a Series-A round led by 3one4 Capital with participation from Sixth Sense Ventures and Redstart Labs (Info Edge). The round also saw participation from Unbox Robotics’ founders Pramod Ghadge, Shahid Memon and its CPO Rohit Pitale, alongside its existing investors – US-based … Read more
In a Series F round of funding, SK Finance, a Jaipur-based NBFC, raised Rs 400 crore (about $53 million) from IIFL Wealth and other new investors. TPG Growth, Norwest Venture Partners, Baring India, and Evolvence India Fund are among the investors in Ess Kay Fincorp, which was founded in 1994 and originally known as Ess … Read more
Dhurina, a rapidly growing e-learning platform, has acquired USD 1.2 million in a second round of funding led by RVCF and additional investors such as LetsVenture, RBD Publication, India Accelerator, Precision Startup Advisory, and Pai Ventures. The newly invested money will be used for technology advancements, aggressive business growth, company expansion, and expanding the product’s … Read more
Verandah, a Mumbai-based line of conscientious luxury resort and swimwear, has raised $1.1 million in a seed fundraising round (about Rs. 8 crores INR). Mike Novogratz (CEO, Galaxy Investment Partners), Neeraj Arora (former CBO, WhatsApp), Lydia Jett (Partner, SoftBank Vision Fund), PDS Venture (PDS Multinational Fashions’ venture tech portfolio), and other prominent financial community members … Read more
CosIQ, a four-month-old start-up aiming to be an intelligent skincare brand, received a seed round of funding of $5 million from Shark Tank India in its fourth episode on December 23rd. Kanika Talwar and her husband are the founders of the four-month-old company. It’s a new molecular skincare company that offers a variety of products … Read more
GoKhana, a SaaS platform for End-to-End Management of Corporate Cafeterias, has raised $1.1 million in a pre-Series A round. Founded by Ankur Marda, Ashish Marballi and Hitesh Sarda in 2017, GoKhana digitizes operations of institutional food-courts by introducing efficiencies and making the entire food-ordering process convenient, efficient and contactless. GoKhana is present in 11 cities … Read more
Privoro, a next-gen mobile security hardware company, today announced a $30 million Series B funding led by an affiliate of Tracker Capital Management, LLC (“Tracker Capital”). The round will be used to help the company continue to scale its team, products, and operations to meet demand for its unique hardware-backed mobile device protections. Privoro’s SafeCase™, … Read more
TendedBar, the industry’s first automated bar service, today announced a $5 million Series A funding round that will continue the company’s growth into 2022 and will see TendedBar launch numerous national concert, entertainment and sports partnerships to provide fans exciting access to automation with less time waiting in lines, safer access to drinks and an … Read more
AirProbe, a Bengaluru-based firm that employs artificial intelligence (AI) for solar system inspections, was bought by DroneBase, a U.S. intelligent aerial imaging company, for an undisclosed sum last week. AirProbe, founded in 2017 by Aditya Bhat, Kaustubh Karnataki, and Ganesh Shankar, combines thermal drone imaging to detect solar cell flaws and AI to increase efficiency. … Read more
Unbox Robotics, a supply chain robotics technology firm based in Pune, has secured $7 million in a Series A round led by 3one4 Capital and including Sixth Sense Ventures and Redstart Labs (Info Edge). The current round of investment brings the total amount raised to $9.1 million. Through trials and pilots, the firm has already … Read more
According to a press release from the company, Ninty One secured roughly $30 million (Rs 225 crore) in a Series A financing from A91 Partners. The company is valued at around Rs 1,000 crore at this round. Ninety One is a cycle company founded in 2015 by Sachin Chopra, a former managing director of Everstone … Read more
Platform for online job postings Monster has raised Rs 137.5 crore from Volrado Venture Partners, Meridian Investments, and its parent firm Quess in an investment round valued at close to $100 million. Volrado is led by Enam Holdings’ Akash Bhanshali, while Meridian is TV Mohandas Pai’s investment office. In 2018, Quess bought Monster.com’s operations in … Read more
Minko, a retail financial platform that provides loan facilities to small Kirana and retail shop owners, has secured $1.5 million in a seed round. LetsVenture Founder and CEO Shanti Mohan and Kunal Shah, Founder of CRED, participated in the round, which was led by LC Nueva AIF, an India-domiciled Category II AIF Fund with LC … Read more
YCombinator, Justin Mateen (Founder of Tinder, through the JAM Fund), and Pioneer Fund funded a $2.9 million seed round for GoBillion, a B2C social commerce platform. Gobillion is an ecommerce business that allows users to buy together in social groups and unlock fantastic bargains. It was founded in 2020 by IIM-NIT alumni Roshan Farhan and … Read more
Galo Watches Founder Zeca Amendola is excited to announce recent fundraising success, as he looks forward to keeping the momentum going into the new year with the launch of a new campaign. During the first campaign, Galo Watches raised a total of AU $46,000 — AU $30,000 of that was raised in less than two days. The … Read more
