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
Delhi-based Wiom, a pioneering initiative aiming to provide affordable and unlimited home internet access to the next 100 million lower and middle-income households in India, has successfully raised Rs 140 crores in its Series A funding round led by RTP Global. A group of prominent investors participated in this funding round, including YourNest, Omidyar Network … Read more
Mumbai-based GreenCell Mobility, a prominent pan-India shared electric mobility player, has entered into a Memorandum of Understanding (MoU) with REC, a government of India Public-sector enterprise, for a substantial commitment of INR 3,000 crore to promote sustainable transportation in the country. The INR 3,000 crore MOU, inked with REC, is dedicated to financing over 3,000 … Read more
Gushwork.ai, a platform that combines AI technology with a remote workforce, has successfully raised $2.1 million in a pre-seed funding round. This funding was led by Lightspeed Ventures, with participation from other investors like B Capital, Sparrow Capital, Seaborne Capital, and Beenext. The startup, based in New York and founded by Nayrhit Bhattacharya (from IIT … Read more
New investor Athera Venture Partners and existing investors Blume Ventures, Exfinity Venture Partners, and MFV Partners also participate BENGALURU, India and DETROIT, July 21, 2023 /PRNewswire/ — Ati Motors, maker of autonomous industrial robots, today announced the close of its Series A funding round in the amount of US$10.85 million. The investment, occurring alongside the company’s product … Read more
Bengaluru-based B2B analytics software startup Factors.ai has successfully raised $3.6 million in a pre-Series A funding round. The funding was led by Stellaris Venture Partners, with participation from Elevation Capital, Emergent Ventures, and notable angel investors such as Kris Rudeegraap of Sendoso, Sreedhar Peddineni of GTM Buddy, and Khadim Batti of Whatfix. The recently secured … Read more
Shardeum, a smart contract platform built on the Ethereum Virtual Machine (EVM) with linear scalability, has successfully raised $5.4 million in a strategic funding round. Prominent investors such as Amber Group, Galxe, J17 Capital, JSquare, TRGC, and others contributed to this funding initiative. The newly acquired capital will play a vital role in supporting the … Read more
