JSW Ventures led a $ 1.5 million (about Rs 11.1 crore) financing round for Zvolv, a corporate SaaS platform. The money will be used by Zvolv to expand its customer base globally, encourage rapid adoption in an increasingly work-from-anywhere environment, and improve the platform’s AI/ML capabilities, according to the company. Launched in 2018, the platform … Read more
Pace, a Singapore-based fintech solution company that allows customers to ‘Buy Now Pay Later’ (BNPL), today announced that it has raised USD40 million in its Series A investment round. Investors that joined the round include UOB Venture Management (Singapore), Marubeni Ventures (Japan), Atinum Partners (South Korea), AppWorks (China Taiwan), and a series of family offices … Read more
Purplle.com, one of India’s top online beauty destinations, raises $65 million, introducing Premji Invest to the capital market for the first time. This investment comes only weeks after Kedaara Capital, Sequoia Capital India, and Blume Ventures led a $75 million investing round. The money will help the company grow faster and build a multibillion-dollar business … Read more
K&L Wellness, a healthtech firm, announced that it has raised Rs 30 crore in a seed round from Manjushree Ventures’ Vimal and Surendra Kedia, as well as Sohamm Group’s Narendra Firodia. In the field of integrative and lifestyle medicine, K&L was founded by serial entrepreneur Karan Talreja and holistic lifestyle coach Luke Coutinho to provide … Read more
Inzpira, an AI-powered, on-demand live language learning and soft-skills training platform for adults and children, said that it had raised Rs 2.3 crore in seed funding. Inzpira, which was founded in 2020, is changing the way people learn English and soft skills with its AI-enabled platform, which allows users to study at their own pace … Read more
ETMONEY, one of India’s fastest growing investments and wealth management platform, has crossed the milestone of 3 billion US dollars’ (INR 22,500 Crores) of total mutual fund investments being managed on the platform. The current value of investments made through ETMONEY has crossed $1Bn itself while another $2Bn of investments are being actively managed by … Read more
HAPPE Spine, an emerging leader in the development of next generation orthopedic and spinal implants enabled by the HAPPE™ material platform, announces that it has closed on a $3.35 million Series A capital raise. The oversubscribed funding was led by strategic investors from within the spine industry along with prominent and continuing investment by the … Read more
Advantage Club, a Gurugram-based HR Tech firm, said that it has raised approximately $5 million in a Pre-Series A round from Y Combinator, Jetty Ventures, Earlsfield Capital, SMC Advisors, Kunal Shah, and others. The company was founded in 2014, has revealed that it plans to increase its employment from 70 to 170 people. The recruiting … Read more
BrightCHAMPS, a global platform for youngsters to master next-generation skills, announced a $63 million funding round on Monday. Because it was founded during the pandemic, the company is effectively “headquartered” on Slack, with the bulk of its employees working remotely. The leadership team is situated in Goa and is looking for people all around the … Read more
QI Tech, fintech that provides a range of financial services through APIs and the first SCD approved by the Brazilian Central Bank, announced today that GIC, Singapore’s sovereign wealth fund, has invested $50M in one of the largest Series A in Latin America. QI Tech will invest in the construction of new products, focusing especially … Read more
Rejove Clinique, a trusted name in the healthcare sector with deep understanding and expertise in dental, skin and hair treatments announced today that it has raised USD 1 million, first-round of funding from a Singapore based VC. Rejové also unveiled its state-of-the-art skin, hair and dental aesthetic Clinique equipped with latest global technologies and solutions. … Read more
GlobalBees has announced two more investments today as new-age brands, Yellow Chimes, a leading fashion jewellery brand and Absorbia, an innovative home care brand, join its portfolio. The founders along with a 29 member team of Yellow Chimes and 7 member team of Absorbia, will become a part of GlobalBees family. With this acquisition, GlobalBees has … Read more
On the last day of subscription on Monday, FSN E-Commerce Ventures Ltd’s maiden share-sale, which runs the online marketplace for beauty and wellness items Nykaa, was subscribed 81.78 times, owing to strong demand from institutional investors. According to NSE data, the Rs 5,352 crore IPO attracted bids for 2,16,59,47,080 shares against the 2,64,85,479 shares on … Read more
Direct-to-consumer (D2C) startup Wallmantra has raised an undisclosed amount of financing from Velocity.in, India’s largest revenue-based financier. The start-up has so far raised three rounds from Velocity, cumulatively raising 5x the amount raised in the initial round. Founded in 2013, Wallmantra designs and sells affordable wall and interior decor via its own website and marketplaces … Read more
FAO Ventures and CA Holding LLP launched a $1 million fundraising round for The Hosteller, one of India’s fastest growing backpacker hostel networks. The Hosteller, founded in 2014 by Pranav Dangi, is a one-of-a-kind chain of backpacker hostels and an ideal pit-stop for both international and domestic travellers. The Hosteller offers experiential yet affordable and … Read more
Zenduty, a B2B SaaS incident management platform has raised INR 14 crore ($1.9 million) as a part of their Pre Series A round, led by Deep Technology and SaaS VC StartupXseed Ventures, along with participation from Powerhouse Ventures, Titan Capital, Supermorpheus, 100X Entrepreneurs, Kwaish, and SF-based Secure Octane Fund, existing and new investors including Anand … Read more
