Blume Ventures, GrowX Ventures, IIFL, and Kotak Securities Limited led a $3 million Pre-Series A fundraising round for fintech firm Multipl. The new funds will be used to expand the platform’s investment possibilities and help customers better budget their costs, according to the company. Multipl, founded in 2020 by Paddy Raghavan, Jags Raghavan, and Vikas … Read more
Tomorrow Farms, a food technology company on a mission to fuel the sustainable food revolution with irresistible food and beverage brands, announced today an $8.5 million seed round led by Lowercarbon Capital and additional key investors, including Maveron, Valor Siren Ventures, Simple Food Ventures and SV Angel. Working to become the trusted, household name for the future … Read more
Yamaha Motor Ventures, the strategic business development and investment arm of Yamaha Motor Co., Ltd. announced it led a $7.5 million Series A funding round for Verge, developers of the world’s first AI-powered interactive software that enables farmers to plan, simulate, and validate the movement of equipment in the field and execute field operations efficiently. … Read more
Mendel, the leading clinical artificial intelligence and natural language processing platform, today announced it has raised $40 million in Series B funding round led by Oak HC/FT. The round includes participation from existing investor DCM, who led Mendel’s Series A funding round in June 2021. This funding comes amidst surging customer demand for Mendel’s AI infrastructure. The fresh … Read more
ITC intends to purchase a 10% share in Blupin Technologies Private Limited, the firm behind the Mylo brand. Mylo is a full stack community eco-system focusing on the parenting journey of young families, which was founded in 2017. Mylo provides a diverse and relevant selection of material, health tools, chats, and community sharing features to … Read more
Mytaverse, the next-gen platform empowering enterprises in a virtual shared metaverse, today announced that it has raised $7.6 million in Seed funding to support the evolving needs of enterprises. Blumberg Capital led the round, joined by Baselayer Ventures, Correlation Ventures, Accelerator Ventures and others. A follow-on investment was made by Alberto Peisach. David Blumberg, founder and Managing Partner of … Read more
TRZMO announced $1.2 million in funding from private investors and formation of a strategic advisory board to accelerate adoption of its free flagship app. It replaces multiple travel apps with one dashboard to manage flight updates, gate changes, ground transport, loyalty programs and a myriad of travel logistics from duty-free shopping to dining, weather and … Read more
Aurora Solar, the industry’s leading software platform for solar sales and design, announced it closed a $200 million Series D funding round co-led by current investors Coatue and Energize Ventures with participation from Fifth Wall, ICONIQ and new investors, Lux Capital and Emerson Collective. With this funding, Aurora Solar will accelerate its mission to create … Read more
Facilio, a property operations software platform provider based in New York, has acquired $35 million in Series B funding. Dragoneer Investment Group led the round, which also included Brookfield Growth, Accel India, and Tiger Global Management. The money will be used to grow the company’s market leadership, develop sales and marketing, and empower more businesses … Read more
Smiles.ai, a healthcare business, has received $23 million in Series A funding from Alpha Wave Incubation (AWI). Existing investors Sequoia Capital India and Chiratae Ventures also participated in the round. Hitesh Kakrani and Dr. Jatin Kakrani established Smiles.ai in 2019. To provide access to high-quality and cost-effective dental care goods and services, the firm uses … Read more
Uber today announced that it had acquired Car Next Door, an Australian company first launched in Sydney in 2012. Car Next Door is a peer-to-peer car-sharing platform which offers convenient access to cars for renters, whilst providing revenue to car owners, making it easy to turn any car into a shared car. The service operates Australia-wide, … Read more
Scripbox, India’s first digital wealth manager, said today that it has raised USD 21 million in series-D fundraising from a mix of equity and debt investors. Transpose Platform, DMI Alternative Investment Fund – The Sparkle Fund, InnoVen Capital, Trifecta Capital, KPB Family Trust, LetsVenture, Kube VC, and YY Capital LLC are among the investors in … Read more
Kalaari Capital sponsored a seed round of funding for threedots, a fast-growing next-generation community investing platform. Rishu Garg, Prakhar Bhardwaj, and Akul Agarwal, all BITS Pilani graduates who previously worked together at Groww, formed threedots in March 2021. The founders have worked with startups such as Cleartax and Smallcase and have product and scaling experience. … Read more
Sahicoin, the world’s first crypto native social platform, has raised $1.75 million in the latest seed round led by Alameda Ventures (FTX), Better Capital Ventures, and other institutional investors. The fresh round of funding will be deployed to scale the team across engineering & product, and grow the platform. Founded by IIT Kanpur alumni, Amit Nayak, Ankush Rajput, and … Read more
Recykal, a Hyderabad-based business-to-business (B2B) waste management and recycling marketplace, has raised $22 million in funding from Morgan Stanley India. Abhay Deshpande, a serial entrepreneur who launched ecommerce platform Malamall in 1998 and ecommerce enablement SaaS platform Martjack in 2007, founded Recykal in 2016. Capillary Technologies later purchased Martjack. Anirudha Jalan, Abhishek Deshpande, Ekta Narain, … Read more
TPG, a leading global alternative asset firm, and Fractal , a global provider of artificial intelligence and advanced analytics solutions to Fortune 500® companies, today announced that they have signed a definitive investment agreement. TPG is investing US$ 360 million in Fractal through TPG Capital Asia, the firm’s Asia-focused private equity platform, in a transaction that includes a combination … Read more
Brankas, Southeast Asia’s leading Open Finance technology company, announced the close of its US$20m Series B investment round led by Insignia Ventures Partners with participation from existing investors Beenext and Integra Partners. With this round, Brankas aims to scale its network of more than 40 financial institutions and 100+ technology companies, expand its product menu of banking-as-a-service APIs serving … Read more
Skippi Ice Pops – India’s 1st Ice Popsicle brand received funding of a whopping 10 million INR for 15% equity in the 1st edition of Shark Tank India aired on Sony Entertainment Television on Monday, 27th December 2021. Led by Kabra Global Products Pvt. Ltd., India, Skippi Ice Pops launched with an aim to introduce … Read more
ETMONEY presents the SIP Insights Report 2021, which looks at a 5-year trend analysis of investor behaviour towards SIPs in India, after passing the milestone of processing over 1 million SIPs each month. According to the research, India’s smaller cities are now leading the charge, with 64 percent of SIP inflows coming from outside of … Read more
Halo, the world’s most advanced pet safety and training technology, announced that it is fully subscribed for its Series B funding round. Founded by IOT visionaries Ken and Michael Ehrman with dog behaviorist Cesar Millan, Halo achieved a valuation of $400 million. The raise marks a monumental moment for Halo and supports the company’s overall … Read more
