Entrepreneur News Network

Women-Focussed Fitness Firm SocialBoat Raises Funds

SocialBoat, a women’s health app, has announced raising an angel round of US$ 200K from Plan B Capital. Other angel investors who have committed to the venture include Abhijit Kane (Co-founder, Postman), Videt Jaiswal (Co-founder, Airblack), Bhuvan Gupta (Co-founder, OfBusiness) and Prateek Sharma (Managing Partner, AheadVC), Neeraj Gupta (Angel Investor) among others. The funds will … Read more

pieFi Raises $4.6 Million, Launches Upside.coop

pieFi, Inc. is pleased to announce the launch of Upside.coop, a revolutionary platform that gives companies the tools they need to achieve a new level of authentic connection with their customers and fans — by sharing real ownership. Brands need a better way to maintain retention and growth, especially during economic uncertainty. Brands can use … Read more

Wakefit.co raises INR 320 Crores in Series D funding led by Investcorp

Wakefit.co, India’s largest D2C home and sleep solutions company, today announced its Series D round of funding of INR 320 crore (~$40 million) Investcorp, a leading manager of alternative investment products with a 40+ year track record, led the funding round. All existing investors, Sequoia Capital India, Verlinvest, SIG, also participated in a show of … Read more

D2C Furniture Brand Boingg Raises Rs 2.2 Cr In Pre Series A Funding

Furniture company Boingg, which focuses on D2C sales to children, has secured INR 2 Cr in a Pre Series A round that was spearheaded by Inflection Point Ventures, one of India’s biggest angel investing platforms. The money raised will be used for licencing, equipment expansion, and corporate branding. With the opening of a physical store … Read more

SaaS Startup for Laundry Industry Turns Raises $500K Pre-Seed Round

Turns, a vertical SaaS firm for the laundry sector, has secured $500K in pre-seed funding from Better Capital, PointOne Capital, and a group of outstanding angel investors. With a full stack software & hardware integrated solution that includes a contemporary POS, customer management, easy payments, accounting, employee management, logistics optimization, and compliance, Turns assists launderettes … Read more

Healthcare AI Firm Qritive Raises $7.5M Funding

Qritive, a leading healthcare AI firm, has announced a $7.5M investment round headed by MassMutual Ventures and supported by SEEDS Capital and Exfinty Venture Partners. Qritive will use the new funds to expand geographically, increase its product portfolio, and assist regulatory clearances. Qritive, which was founded in 2017 by Dr Aneesh Sathe and Dr Kaveh … Read more

Agritech Startup Cropin Raises Rs113 Cr in Funding

Cropin, the global agritech pioneer that created the world’s first agriculture industry cloud, has raised INR 113 crores in funding from new investors Google and JSR Corporation, as well as previous investors ABC Impact and Chiratae Ventures. Cropin Cloud, the company’s recently launched intelligent agriculture cloud platform, will be expanded with the funds to meet … Read more

The Whole Truth raises USD 15Mn in Series B funding

The Whole Truth (TWT), a 100% clean-label food brand has raised ~USD 15Mn in its Series B round, led by Sequoia Capital India. The round saw participation from existing investors Matrix Partners India and Sauce.Vc. Angel investors who previously invested in the company include Nithin Kamath (Zerodha), Sriharsha Majety (Swiggy) and Jaydeep Burman (Rebel Foods). The … Read more

Athulya Senior Care Raises INR 77 Crore from Morgan Stanley India Infrastructure

Athulya, a leading provider of senior care services in India, has raised INR 77 Crore (US$ 9.3MM) funding from North Haven India Infrastructure Partners, a fund managed by Morgan Stanley India Infrastructure, for its forthcoming expansion. Founded in 2016, Athulya offers assisted living, transition care and home healthcare to address the needs of dependent seniors … Read more

KreditBee Closes 2nd Round of $200 Mn Series D Funding

KreditBee, one of India’s top fintech platforms, raised an additional USD 100 million in primary investment from Advent International (“Advent”), one of the world’s largest and most experienced private equity investors, as part of an extension of its Series D transaction. Mitsubishi UFJ Financial Group (MUFG), Japan’s largest bank, and current investors Premji Invest, Motilal … Read more

Elon Musk’s SpaceX Raises $750 Mn in Funding

According to CNBC, Elon Musk’s commercial rocket startup SpaceX has raised $750 million in its current investment round led by venture capital firm Andreessen Horowitz, which previously invested in Musk’s $44 billion takeover of Twitter. However, neither SpaceX nor the investors have provided official confirmation. SpaceX’s newest fundraising increased the SpaceTech startup’s valuation to $137 … Read more

Temasek-backed rural fintech firm SarvaGram raises $35 mn

According to Business Insider, Mumbai-based SarvaGram Solutions raised $35 million in a Series C round headed by Elevar Equity. SarvaGram Solutions specialises in financing to rural communities. TVS Capital Funds, Elevation Capital, and Temasek were among the additional investors in this round. In order to fulfil the expanding needs of rural India, SarvaGram is the … Read more

Healthcare-Fintech Startup SaveIN Raises Funds

Gurugram based Healthcare-Fintech startup SaveIN has raised more capital riding on the rapid growth that the company has demonstrated in the first year of its launch. The Y-Combinator backed startup has now raised a total of $8Mn over the last nine months, making it one of the larger early stage rounds among Indian startups in … Read more

India’s 1st Web3 App Store, Dapps, Raises Pre-Seed Funding

Dapps, India’s first app store exclusively for web3 apps, announced that it has raised pre-seed funding from industry stalwarts like Shardeum founder Nischal Shetty, Anshul Dhir – Founder, EasyFi, Ajeet Khurana – Marquee angel investor, Keyur Shah – ex-CFO, Polygon, Prasoon Aggrawal – Founder, Born to Die, Saurabh – Prominent influencer – CryptoDaku, Bharat Verma … Read more

Samaaro Raises Seed Funding to Empower B2B Event Marketers

Bengaluru-based Samaaro, a B2B event-marketing SaaS platform has raised seed funding round, led by SucSEEDIndovation Fund with participation from Silver Needle Ventures Fund, The Chennai Angels, Lead Angels, Ankit Mehrotra (Founder, Dineout), Khalid Qazi (VP, Swiggy) and other eminent angel investors. The round also saw follow-on participation from the existing angels of their last round … Read more

D2C Startup Beco Raises $3 mn in Series A Funding

Eco-Friendly Home & Personal Care D2C Startup Beco has announced that it has raised USD 3 million in series A led by Rukam Capital. The 100% natural and sustainable home and personal care brand that offers affordable and accessible products to consumers, also received funding from Climate Angels – a SEBI CAT I investment fund … Read more

e-TRNL Energy raises INR 7.5Crs pre-seed round

Battery tech start-up, e-TRNL Energy, today announced raising a pre-seed round of INR 7.5 Crs from multiple investors to further its mission of bringing revolutionary energy technology to the market. The round was led by Speciale Invest, a deep-tech venture capital firm. Other investors include Micelio Mobility, a clean mobility fund, and CIIE, the innovation … Read more

myTVS raises further Rs. 203 cr from Lingotto

myTVS, a leading Indian player in the independent automobile aftermarket business announced its Series C fundraising of Rs. 690 cr as a combination of Rs. 487 cr from Castrol India Limited (Castrol) and Rs. 203 cr from an Exor fund managed by Lingotto. Lingotto is a wholly owned subsidiary of Exor NV, one of Europe’s … Read more

Get-A-Way Bags $2 mn Funding from Sky Gate Hospitality

Healthy dessert brand, Get-A-Way has raised funding of around $2 million from Sky Gate hospitality, the parent company of Biryani By Kilo. The start-up founded in 2019, has launched healthy desserts which have no added sugar, are high in protein, keto-friendly and low in calories. Get-A-Way is a start-up that appeared in Shark Tank India … Read more

K8 School Launching India’s first AI enabled School LMS in January 2023

K8 School, India’s first and only Cognia-accredited online school is launching the first completely AI enabled Learning Management System (LMS) in India, on 26th January 2023. This LMS could be a path-breaking development in the field of school education, as it will aim to understand and analyze the learning behaviour of students and offer them … Read more