Entreprenuernewsnetwork

Purplle.com closes funding of $75M

Purplle

Purplle.com, one of India’s leading online beauty destinations, today announced a $75M funding, welcoming Kedaara to the cap table, along with doubling down by Sequoia Capital India and Blume Ventures. This comes six months after a $45M funding backed by Verlinvest, Blume Ventures, JSW Ventures, and first-time investor Sequoia Capital India. The investment will augment … Read more

Kebony raises EUR 30 million in funding round led by Jolt Capital and Lightrock

kebony

Kebony, the leading environmentally friendly wood modification technology company, today announces a successful EUR 30 million funding round led by Jolt Capital and Lightrock. Kebony’s vision is to reduce CO2 emissions and tropical deforestation using its patented wood modification techniques, which produce superior wood in an environmentally friendly way. The key disruptive trends in the construction industry … Read more

HERBOLEA Closes 5M€ Series A Round Led by EU Cannabis Fund OSKARE Capital and Bruce Linton

Herbolea

Herbolea, an Italian company who develops and licenses proprietary, solventless technologies to transform botanicals into superior quality products, is happy to announce the closing of its 5m EUR Series A round, of which 2.5m EUR conditioned to milestone achievement, led by the European medical and pharmaceutical cannabis specialist fund, Óskare Capital. The funds will be used to accelerate growth, expand the team … Read more

Agritech startup Gramophone raises $10 M

Gramophone

Gramophone – a full-stack agri-tech platform – on Tuesday announced that it has raised a $10 million round led by Z3Partners, an early growth investor. Founded by IIT and IIM alumnus Tauseef, Nishant Vats Mahatre, and Harshit Gupta, Gramophone started as agronomy led, agri-input commerce company from MP. In the last two years, it has … Read more

Infinity Learn acquires edtech startup Teacherr

Infinity Learn

Teacherr, a Hyderabad-based company, was acquired for an unknown sum by Infinity Learn, an edtech startup that is part of the Sri Chaitanya group. Teacherr, which was founded in 2019, is a digital platform for teachers that allows them to attend professional development events, apply for employment, and share notes and best-case practises, allowing for … Read more

Intra-city logistics company Porter raises Rs 750 Cr

Porter Trucks

On-demand logistics company Porter has raised Rs 750 crore in its Series E funding round led by Tiger Global Management and Vitruvian Partners, with participation from existing investors — Sequoia Capital India and Lightrock India. Founded in 2014 by Pranav Goel, Uttam Digga, and Vikas Choudhary, Mumbai-based Porter is a logistics marketplace that allows businesses … Read more

Gurugram startup O4S raises $6M in Series A round

o45-800x400

O4S, an IoT SaaS startup focused on the supply chain segment, on Monday said it raised a Series A round of $6 million led by Think Investments, with participation from existing investor Venture Highway. The Gurugram-based startup, founded in 2017 by Divay Kumar and Shreyans Sipani, had raised a total of $3.5 million in various … Read more

Micro-savings platform Siply raises $3.2M

Siply

Siply, a micro-savings platform located in Bengaluru, has received $3.2 million in equity and debt in its pre-Series A funding round. LetsVenture, AngelList India, and Founder Room Circle led the round, with participation from Kunal Shah ( CRED ), Beerud Sheth ( Gupshup ), Satish Grampurohit (ex-Infosys), Shanti Mohan (LetsVenture), and Pratekk Agarwaal (angel investor, … Read more

ABL Space raises $200 million of fresh capital, increases valuation to $2.4 billion

Cody, Mason, and Rory with a fleet of RS1 Flight Stages

ABL Space Systems has closed a $200 million expansion of its Series B investment round, bringing the company’s valuation to $2.4 billion. The round was led by and comprised of ABL’s existing investor syndicate. ABL has now raised a total of $420 million since founding. ABL is serving a large manifest of active contracts with … Read more