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Unicommerce to invest USD 5 million towards expansion in Middle-east and Southeast Asia

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Unicommerce

Unicommerce, India’s largest e-commerce-focused supply chain SaaS platform, has decided to invest USD 5 million to strengthen its international operations and further expand its presence in the Middle-east and Southeast Asia. The company has been consistently investing and acquiring new clients across the Middle-east and will continue to forge more strategic partnerships in the coming months. After becoming an undisputed leader in India, Unicommerce aims … Read more

Tamatem Games Raises $11 Million in Series B Funding Round led by KRAFTON, Inc.

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Tamatem Games, leading Arabic mobile games publisher, raises $11 Million in Series B funding round led by South Korean video game developer KRAFTON, Inc. The round that was led by KRAFTON, Inc., makers of the phenomenally popular battle royale game PUBG, also saw participation from Venture Souq, Endeavor Catalyst and existing investors. Tamatem has seen … Read more

Learning Matters, Bengaluru’s AI based Ed-Tech Receives Pre-series A Funding

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Learning Matters, a Bengaluru based ed-tech company that uses Artificial Intelligence and voice technology to reinvent teaching and learning has received funding from Lavni Ventures and a group of angel investors. The company will use the capital to accelerate development of its flagship ed-tech solution ‘Tara’ – a virtual voice teacher – as well as … Read more

Quavo, Inc. Announces $6 Million Series A Funding Round Led By Fintop Capital

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FinTech provider Quavo Fraud & Disputes announced the company completed a Series A financing round led by FINTOP Capital. The Series A completion is a testament to Quavo’s recent and potential growth as the world’s only provider of fully automated, cloud-based fraud and dispute management SaaS offerings for issuers. Quavo’s chargeback management offering for issuing … Read more

Satvacart closes pre-Series A Funding

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Satvacart, an online grocery delivery service, has closed a pre-Series A round of funding led by Kuldeep Puri, Shailendra Kumar, Siddhartha Garg, Madhu Sudana Rao Kalagarla, and Sirinivas Kotta. In the following 18 months, the corporation wants to use the capital to build 100 clusters in Mumbai, Bangalore, and Noida. Satvacart is an online grocery company founded in 2014 by Deepika and Rahul that sells 5000 goods using an inventory-driven business strategy.  The company is now solely active in Gurgaon, where it operates its own computerised dark stores in densely populated regions.

Swiggy looking to invest $700M in Instamart

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Swiggy, a Bengaluru-based foodtech startup, has announced that it will invest $700 million in its Instamart quick grocery delivery service. Instamart, which began operations in Gurugram and Bengaluru in August 2020, now operates in 18 cities and processes over 1 million orders per week. Swiggy Instamart has added more than one seller-run dark store every … Read more

PayGlocal raises $4.9 Mn in Series A round

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PayGlocal, a fintech platform, has raised $4.9 million in a Series A fundraising round headed by Sequoia Capital India, with BeeNext, Jitendra Gupta, and Amrish Rau participating. The cash will be used to develop the merchant and partner ecosystem, scale up the product, and hire more people. Prachi Dharani, Rohit Sukhija, and Yogesh Lokhande founded … Read more

Immensitas Private Limited Raises $2.3M in Pre-series A1 Round

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Immensitas Private Limited has raised $2.3M in a Pre-Series A1 round co-led by growx ventures, Artha Venture Fund (AVF), and DSP Investment Managers Pvt. Ltd. The round also saw participation from LogX Ventures and Atrium Angels, the ISB alumni sponsored micro VC fund. In July, the company had raised a round from AVF and LogX. … Read more

CollegeDekho Closes Series B Funding Round with USD 35 Million

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CollegeDekho, India’s largest college admissions and higher education services platform, closes its Series B funding with Disrupt ADQ and QIC coming on board recently. The USD 35 million (~INR 260 crore) round has been led by Winter Capital, ETS Strategic Capital – the private equity investments arm of ETS (creator of the TOEFL® tests and … Read more

Simpl Announces 40M in Series B Funding

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Simpl

Simpl, a cardless payment network with embedded 1-Tap Checkout, Buy Now Pay Later and Buyer Protection, has raised a $40M Series B round led by Valar Ventures & IA Ventures with participation from LFH Ventures and other internal investors. This investment brings the total capital raised by the company to $83M. With Simpl, online merchants … Read more

ABL Workspaces, a co-working startup, has raised Rs 15 crore.

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ABL Workspaces, a coworking space provider, has raised Rs 15 crore from Ethik Inc, a Canadian company, for expansion. ABL Workspaces, which opened its first location in Delhi-NCR in December 2017, now has nine locations. ABL Workspaces stated in a statement that company has raised Rs 15 crore in a Series A fundraising round from … Read more

Chennai Based Agri Tech Startup Veg Route Raises $125K

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Veg Route, a B2C fresh vegetable Agritech supply chain, announced today that it has received $125K in Pre-Seed Funding. The round was headed by Mohan K, CEO & Mr. Jai Kumar, CTO of Ippopay, Prabhu R, Co-Founder of M2P Fintech, and Omar Bin Brek, Founder of UAE-based Fin-Tech Startup Foloosi. Veg Route is assisting farmers … Read more

InstaAstro Raises ₹3.2 Crores In Seed Round

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Instastro

Artha Venture Fund (AVF), India’s first early-stage micro-VC fund, led a seed round for InstaAstro, a new-age wellness and spiritual services platform that blends the ancient Indian expertise of Astrology, Yoga, Ayurveda, and Meditation. The company aims to upend the online astrology market by catering to tech-savvy millennials with strong spiritual values. InstaAstro is tackling … Read more

Tiger Global Invests USD 40 Mn in BOX8 and MOJO Pizza’s Parent Company, Now Rebrands to EatClub Brands

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EatClub Brands, which operates popular brands like BOX8 & MOJO Pizza has raised $40 million in a round led by Tiger Global. EatClub Brands is a technology first, full-stack cloud kitchen company, and it has one of Asia’s largest cloud kitchen networks. Currently, a total of 8 brands operate out of its 150+ kitchens, GLOBO … Read more

D2C Startup Jade Forest Raises $1 Mn

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Jade Forest

Mumbai Angels Network sponsored a $1 million round of funding for D2C firm Jade Forest. In November 2020, the company raised a $250k seed round. The new money will be put toward expanding geographically and entering the ready-to-drink beverage category. Jade Forest is a luxury non-alcoholic beverage brand founded by Shuchir Suri and Punweet Singh … Read more

Ronnie Screwvala Invests $5M In 21K School

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21K School, India’s first online-only school, just raised $5 million in a pre-Series A financing led by Ronnie Screwvala, Co-Founder and Chairman of upGrad. Santosh Kumar, Yeshwanth Raj Parasmal, Dinesh Kumar, and Joshi Kumar founded 21K School in 2020 with the goal of creating a 100% online school that offers children aged 3 to 18 … Read more