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
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, 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, 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
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
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
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
