The DNA-based self-discovery and career life cycle management platform from India GENLEAP has announced the successful conclusion of its pre-Series A funding of 27 crores ($3.3 million). The fundraise includes several existing investors, including Mike Holland (former CEO of Embassy REIT), Sanjay Dutt (CEO & MD, Tata Realty and infrastructure), Neeraj Bansal(Co-Head and COO – … Read more
Bangalore based social commerce platform BankSathi has raised $4M USD in funding from Kotak Securities, Lets Venture, We Founder Circle, Hem Securities and IPV (Inflection Point Ventures). The company has also received funding from Recur Club, Liquiloans, Sunil Singhania (Abakkus), Kunal Shah (CRED), Dr. Ritesh Malik (Innov8), Kailash Biyani (Asian Markets), Mukul Rastogi & Bhaswat Agarwal (ClassPlus), … Read more
HRTech SaaS Startup HROne has raised $4 million in a Series A round led by Insitor Partners and participation from Prudent Investment Managers. Mumbai-based investment bank Radix Capital Advisors acted as exclusive financial advisors to the company. Founded in 2016 by Karan Jain, HROne is on a mission to use HRTech to improve the quality … Read more
Bootstrapped Edtech venture, Toprankers.com – India’s largest platform for careers beyond engineering and medical, has raised $4M in Series A funding from leading consumer fund, Sixth Sense Ventures. Within India’s ed-tech sector, the $12B online test-prep space is the fastest growing at a 38% CAGR, set to quadruple to $4B by 2025 with over 5M+ … Read more
Micro, Small and Medium Enterprise (MSME)-focused fintech start-up HostBooks today announced that it has raised $3 Million in a Series-A funding round led by Razorpay,one of India’s Leading Full-Stack Financial Services Company. HostBooks plans to utilize the fund to not only add new features to its existing product suite but also to develop innovative products including a deep learning-based … Read more
Spardha, an online music and performing arts instruction platform, raised INR 8 crore in a pre-Series A2 investment headed by Inflection Point Ventures. Mumbai Angels and We Founder Circle also participated in the round. Spardha is a futuristic digital platform for online music education founded by Saurabh Srivastav, Amrita Srivastav, and Rikhil Jain in 2016. … Read more
Way2News, a city-based vernacular short news app, has raised USD 16.75 million in a Series-A round led by WestBridge Capital and Sashi Reddi, a well-known venture financier. According to a press release from the firm, this is WestBridge Capital’s first investment in India’s media and entertainment sector. Way2News, which was founded in 2016, provides short … Read more
Nutrifresh, an agritech business based in Pune that focuses on hydroponically farmed produce, has raised $5 million in a Pre-Series A fundraising round. Nutrifresh’s mission is to supply consistent pesticide-free, nutrient-rich hydroponic produce. It was co-founded by agripreneurs Sanket Mehta and Ganesh Nikam. The company claims to be quality-focused, having earned ISO, FSSAI, APEDA, HACCP, … Read more
Mankekar Family Office, Artha Venture Fund, Siddharth Shah, and API Holdings’ Dharmil Sheth, among others, led a $4.5 million pre-Series A fundraising round for Mumbai-based chess institution HobSpace. The money will be used to expand internationally and speed up product development. HobSpace will also put the money on technology to improve the students’ entire experience. … Read more
VitroLabs Inc, a Bay-Area-based biotech company leading the development of a new scientific process to grow the world’s first cellular cultivated animal leather, today announced that it has closed its Series A financing to build and scale pilot production. The company has raised a total of $46 million. Series A funding is led by Agronomics; other … Read more
Celcius, a cold chain marketplace, has raised $4.5 million in pre-Series A funding from Mumbai Angels, Supply Chain Labs, Endurance Capital, VCats, Keiretsu Forum, Huddle, EVAN, and other investors. Celcius, situated in Mumbai, was founded in November 2020 by Swarup Bose, Arbind Jain, and Rajneesh Raman. It is India’s first cold chain marketplace. It provides … Read more
Prakriti E-Mobility, an electric mobility startup, has received an undisclosed amount of lead investment from IEG Investment Banking Group as part of its pre-Series A funding round. The money will be used to grow the company’s electric vehicle (EV) fleet and install more charging stations across the country. It will also utilise the funds to … Read more
Venus Aerospace, a startup developing hypersonic aircraft, raised a $20 million Series A funding round led by Prime Movers Lab, which invests in breakthrough scientific companies that reinvent and transform the way we live and operate. Venus Aerospace is building a zero-carbon emission spaceplane that will enable one-hour global travel. One year after closing its … Read more
Stellaris Venture Partners and Chiratae Ventures contributed $15 million to Locofast, a fashion supply chain platform. Locofast is a business-to-business (B2B) platform for textile manufacturers and buyers founded in 2019 by serial entrepreneur Deepak and his co-founder Mohit Piplani — with whom he previously worked on his previous startup, WeAreHolidays. Locofast Online Services Pvt Ltd … Read more
SnapMint, a Mumbai-based fintech firm, announced a $9 million Series A investment led by Prashasta Seth, CEO and CIO of Prudent Investment Managers, on Tuesday. Snapmint, founded in 2017 by IIT Bombay classmates Nalin Agrawal, Anil Gelra, Abhineet Sawa, and Rahul Agarwal, is a BNPL (Buy Now Pay Later) platform that allows Gen Z consumers … Read more
Chargeup, a business that swaps out batteries, has secured $2.5 million (Rs 18 crore) in a pre-Series A investment led by Capital-A and Anicut Capital. Tiger Shroff, Aman Gupta and Sameer Mehta (founders of boAt), as well as Shraddha Kapoor, took part in the funding round. The cash will be used to expand its network … Read more
