Construction Robotics Startup, Pace Robotics, has raised seed investment from Pidilite Industries Ltd, who has acquired an equity stake of 19.5% in the company. The fund will be used for product development and core team expansion. Founded in 2020 by Ayushmoy Roy and Srinivas K Pai, the startup has been working on a prototype for … Read more
Veho, a technology company that enables personalized next-day package delivery, today announced a $125 million Series A raise led by General Catalyst at a $1 billion valuation. Additional participants include Construct Capital led by Rachel Holt, Bling Capital, Industry Ventures, Fontinalis Partners, and Origin Ventures. The funding will be used to grow the team, expand … Read more
Tackle.io, a software company dedicated to helping software providers generate revenue through the clouds, today announced a $100 million Series C funding round. The round brings the company’s valuation to $1.25 billion and was co-led by Coatue and existing investor Andreessen Horowitz, and included participation from Bessemer Venture Partners. The funding, which comes 9 months … Read more
Jumbotail, a B2B marketplace, has secured $85 million in a Series C round headed by Artal Asia Pte. Ltd. and Ajax Capital. Early investors Nexus Venture Partners and Kalaari Capital took minor part-exits in the secondary, making the round a mix of main and secondary investments. Until now, the company has raised a total of … Read more
Feminine hygiene start up Sirona (makers of PeeBuddy and other innovative feminine hygiene products and market leaders in menstrual cups) have raised INR 100 crores in Series B funding from South Asia’s largest DTC conglomerate and recent BPC Unicorn Good Glamm Group.This is one of the largest amounts invested in a Series B round for … Read more
Piramal Pharma Limited (PPL) today announced an investment of INR101.77cr in Yapan Bio Pvt Ltd (“Yapan”) of Hyderabad, India, augmenting the capabilities of its Contract Development and Manufacturing Organization (CDMO) business, Piramal Pharma Solutions (PPS). PPL holds 27.78% equity stake in the company as a result of this investment. As PPS continues to strengthen its capabilities … Read more
Searchlight, a talent intelligence platform powered by hard data that measures the soft skills that can make or break quality of hire, announced today that it has closed a Series A funding round of $17 million led by Founders Fund with participation from Accel, Shasta Ventures, Kapor Capital, Operator Collective, and prominent angel investors including … Read more
Ekos, the leading business management software for craft beverage businesses, has closed a $21 million Series B funding round led by growth equity firm Catalyst Investors with participation from existing investors Noro-Moseley Partners. Ekos was the first software solution created specifically with craft producers in mind. Historically, craft businesses relied on manual record-keeping and disconnected systems, which are time-consuming and difficult to … Read more
In a Seed funding round led by 9Unicorns, Chiratae Ventures, and Leo Capital, ByteLearn, an AI-powered teaching assistant for students and teachers, raised $9.5 million (Rs 72 crore). Venture Catalysts, Goodwater Capital, Earlsfield Capital, Kettleborough VC, PitchRight Ventures, and AdvantEdge VC also participated in the round. ByteLearn is an AI-powered teaching assistant founded in June … Read more
Dista, a deeptech business based in Pune and Delaware (US), has raised $1.2 million in funding. Pentathlon Ventures led the seed fundraising round, which included Core 91 and other individual investors. Nishant Kumar (Co-founder & Chief Product Officer), Shishir Gokhale (Co-founder & CEO), and Deepak Garg (Co-founder & CTO) co-founded Dista, which was incubated in … Read more
Bizongo, a B2B ecommerce firm for businesses, has raised $110 million in a Series D round led by Tiger Global, valuing the company at $600 million. CDC, IFC EAF, BCap, Chiratae Ventures, Schroder Adveq, IFC, and Add Ventures by SCG were among the investors in this round of fundraising. The firm, which was founded in … Read more
Pi Green Innovations, a cleantech company committed to creating sustainable solutions for a greener future has announced that it has secured over $4.5 million in Series A funding. The round was led by the Investment Fund of Opus Consulting with a total of $4.3 million. The round also saw participation from some strategic investors. Previously, Mr. Harshal Morde, Director … Read more
Haus & Kinder, a direct-to-consumer business, has raised Rs10 crore ($1.3 million) in a Pre-Series investment led by angel investor Shaival Desai. Early next year, the company plans to raise another $5 million (about Rs 35 crore) in a Series A fundraising round. Haus & Kinder plans to utilise the funds to expand its brand … Read more
Enmovil Solutions, a logistics technology firm based in Hyderabad, has raised Rs 10 crore in Pre-Series A funding backed by Anicut Angel Fund. In addition to KCT Group, Blackbird Investments, and RB Investments, the company saw participation in this round from KCT Group, Blackbird Investments, and RB Investments. Enmovil is an OEM-centric multi-modal logistics technology … Read more
Frendy, a Gujarat-based community group purchasing platform, has raised Rs 10 crore in pre-Series A funding from Pavitar Singh, Abhishek Khurana, and the Desai family office. Frendy, which is run by Areli Commerce Pvt Ltd, was launched in 2019 by Sameer Gandotra, who got his start with Nebula, a social commerce-based affordable home developer. Through … Read more
TranZact, a SME-focused SaaS firm, has raised $7 million in Series A funding from Tribe Capital, with Prime Venture Partners, Gemba Capital, and Kae Capital also participating. Other angel investors who participated in this round included Suhail Sameer of BharatPe, Sriram Krishnan of Ex-Spotify/Tinder, Zetwerk co-founders, OfBusiness co-founders, Devendra Rane of Paytm, Giridhar Malpani of … Read more
