Existing investors CDC Group, CX Partners, and OP Finnfund Global Impact Fund I (the first Finnish global developing markets impact fund). Indifi has also secured debt funding worth Rs 165 crore from Vivriti, Northern Arc, SIDBI, and other lenders. Indifi has also been guaranteed Rs 35 crore in finance from the US DFC (United States … Read more
Settl, a technology-driven managed housing platform, has received a $500,000 seed round investment. Settl has already secured 1200 beds across two cities in a little more than a year. It claims to be seeing a 30 percent increase in demand from quarter to quarter. It wants to serve over 3000 clients each month with the … Read more
Park+, a new smart parking solution business founded by Amit Lakhotia, the former vice president of Paytm Payments, revealed on Wednesday that it has raised $25 million in a Series B investment led by Sequoia Capital India, Matrix Partners India, and Epiq Capital. AdvantEdge, Fund II – a series of Somani Investments LP, and Motherson … Read more
Simple Energy, a Bengaluru-based electric car startup, announced the completion of a $21 million (Rs 155 crore) pre-series financing round on Monday. Simple Energy had hoped to secure $15 million in funding, but due to overwhelming investor demand, the company ended up raising a total of $21 million. The EV firm, which was founded in … Read more
Mindspace, the global flex office provider, secured a funding of $72 million. The investment round is intended to support the continuation of the company’s growth and its further expansion in Europe, the United States and Israel. The round was led by Harel Insurance Investments and Financial Services Ltd., More Provident Funds, Arkin Holdings and existing investors. Existing investors include: Yoav Harlap, Kobi … Read more
NoBroker, a proptech business, said that it has raised $210 million in its Series E fundraising round, bringing its valuation to $1 billion and making it the newest member of the coveted unicorn club. General Atlantic, Tiger Global, and Moore Strategic Ventures led the fundraising round. NoBroker.com, India’s first proptech unicorn, said it will use … Read more
Haber, based in Pune, has completed its Series B round, bringing its total capital raised to $27 million. Ascent Capital led the investment, which also included Accel, Elevation Capital, Beenext, Temasek partner Mukul Chawla, and GreyOrange founders SamayKohli and Akash Gupta. Their Series A fundraising, which took place in 2019, was spearheaded by Accel. Haber … Read more
True Credits, an NBFC and an affiliate of True Balance, an RBI-authorized lending firm, was founded by Balancehero India Private Limited, a wholly-owned subsidiary of Balancehero Co Ltd Korea, and launched a $30 million debt financing on Tuesday. In FY2021, the third round brought the total debt raised to $55 million. Northern Arc, Arthmate, Shine … Read more
Koparo, a sustainable D2C home and personal hygiene business, raised Rs 5.7 crore in seed funding from Saama Capital, Titan Capital, and DSG Consumer Partners on Tuesday. Uday Shankar, former Disney APAC chairman; Rohit Kapoor, OYO India CEO; Ashish Goel, Founder of Urban Ladder; and Anand Chandrasekaran, Product Head of Five9 were among the notable … Read more
Fasal, an agritech startup, has secured $4 million in a Pre-Series A round headed by 3one4 Capital, with current investors Omnivore and Wavemaker Partners joining in. Fasal is an AI-powered IoT SaaS platform that employs on-farm sensors and scientific algorithms to give farmers with actionable farm and crop information in vernacular languages. The platform is … Read more
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
