Mumbai-based AltUni, an alternative digital university founded in 2020 by Ankit Doshi, recently secured $500,000 in funding, as reported by Entrepreneur India. The funding round was spearheaded by the Indian Angel Network and saw participation from a group of prominent angel investors. Notable contributors in this funding round included Vishesh C Chandiok (CEO of Grant … Read more
Establishing its ‘Partnership of Progress’ with the state of Assam, PepsiCo India announced its first foods manufacturing plant in Nalbari, Assam with an investment of INR 778 crore (USD 95 Million). Spread over 44.2 acres, the state-of-the-art plant is proposed to be operational in 2025 and aims to provide direct and indirect employment opportunities to 500 … Read more
Mumbai-based startup Madmix, formerly known as Daily Staple and operated by Mel Sante Food Production Pvt. Ltd., has achieved a significant milestone with a substantial pre-seed funding round valuing the company at approximately INR 12 crore. This funding round is led by Prime Securities and includes prominent investors such as Authum Investments and Team India … Read more
Brillio, a leading digital transformation services and solutions provider, today announced a significant milestone in its growth journey with the addition of The Orogen Group (“Orogen”) as a strategic investor. Financial terms of the private transaction were not disclosed. The investment brings with it Orogen’s extensive strategic and operational experience, as Brillio continues to expand its capabilities … Read more
Sploot, a pet-parenting mobile app started by Delhi-based Garima Kaushal and Arnav Sahni, has raised USD 800,000 through its second round of seed funding. The app is backed by Info Edge’s subsidiary Redstart Labs and angel investors. With the newly raised funding, the company aims to leverage it to expand its services, including dog walking … Read more
SaaS FinTech Zaggle headquartered in Hyderabad, continues to make strides in the financial realm as it secures a substantial Rs 25 crore investment from ValueQuest Scale Fund in a pre-IPO round. This recent infusion of funds is a noteworthy addition to the Rs 73 crore garnered by the company through a pre-IPO placement just last … Read more
InsurTech startup Square Insurance, headquartered in Jaipur, has successfully secured $1 million (approximately Rs 8.3 crore) in a funding round spearheaded by Recur Club. This platform serves as a marketplace for companies with recurring revenue models to trade contracts and subscriptions. The newfound capital injection will play a pivotal role in Square Insurance’s expansion strategy. … Read more
Aretto’s leap toward innovation has just become stronger as the company announces the successful completion of its seed funding round. The company secured $550K from a clutch of angel investors and advisors, which included renowned cricketer Hardik Pandya; Abhineet Singh(Co-founder of VegNonVeg and Founder Brewhouse), Shyam Raichura (MD of Aan Group), Raunak Munot (Ex-CMO of … Read more
Credgenics, a prominent player in the realm of SaaS-based debt collections platforms, is embarking on a substantial growth journey as it secures a substantial $50 million in a series B funding round. This pivotal funding effort is being led by its existing investors, Westbridge Capital and Accel, showcasing their continued confidence in the company’s potential. … Read more
Go Zero, an innovative ice cream brand dedicated to offering guilt-free delights, has successfully raised USD 1 Million in its pre-Series A funding round. The round was led by DSG Consumer Partners, Saama, and V3 Ventures, along with notable participation from angel investors such as Shantanu Deshpande, CEO of the Bombay Shaving Company; Arjun Purkayastha, … Read more
Monitra Healthcare, India’s first 24×7 extended remote cardiac monitoring diagnostic platform has closed its Pre-Series A funding, led by 91Ventures and Lavni Ventures. Monitra Healthcare raised USD 500K in equity funding led by 91Ventures (syndicate fund led by Pranay Gupta) and Lavni Ventures (Social impact VC fund). The round also saw participation from ACG World … Read more
After its success last year, entrepreneur and angel investor – well-known as the founder of Shaadi.com – Anupam Mittal has announced the return of the unique social-media-driven DreamDeal initiative to not only ignite an entrepreneurial spirit amongst the Indian youth and the less privileged sections of society but also give further impetus to it. Through the second iteration of … Read more
In response to the increasing challenges posed by urbanization and population growth, innovative space-saving furniture brand ‘Wallter Systems’ has successfully secured an undisclosed amount in a seed funding round, with the prominent backing of Inflection Point Ventures. The fresh infusion of funds is earmarked for bolstering Wallter Systems’ brand presence and expanding its operations. Wallter … Read more
LightForce Orthodontics, makers of the world’s first fully personalized 3D printed braces system, today announced it raised an $80 million Series D round led by Ally Bridge Group. Transformation Capital, and CareCapital. Omega Venture Partners, Matter Venture Partners, and the American Association of Orthodontics also participated in the round, as did existing LightForce investors, including Kleiner Perkins, Tyche Partners, and Matrix Partners. With the funding, LightForce will … Read more
Mufin Green Finance Limited, previously known as APM Finvest Ltd., a New Delhi based Non-Banking Financial Company (NBFC), has successfully raised INR 80,000,000 (approximately USD 1 million) from Shell Foundation, a UK registered charity, according to a report by Economic Times. As an NBFC, Mufin Green Finance focuses on providing Electric Vehicle (EV) loans for … Read more
Dil Foods, a Bengaluru-based virtual restaurant operator, has successfully raised $2Mn in a Pre-Series A funding round. The brand’s mission is to collaborate with small to medium independent food businesses and restaurants to create a profitable brand that disrupts the meal market using an innovative asset-light model for food delivery, driving efficiency and maximizing profitability. … Read more
