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
Bold Care, a science-backed men’s healthcare D2C (direct-to-consumer) start-up, today announced raising Pre-Series A funding from Sharrp Ventures, Anthill Ventures, Stanford Angels & Entrepreneurs, ShipRocket, along with participation from existing investors NB Ventures and Huddle. The undisclosed funding will be used for product development and the company’s growth plans focused towards soon raising Series A … Read more
Nikhil Kamath led a $4 million pre-Series A investment for Kofluence, an ad-tech influencer marketing platform (Co-Founder of Zerodha & True Beacon). The round included notable investors like Kunal Shah (Founder, CRED), Karan Johar (Filmmaker & TV Personality), Apoorva Mehta (CEO, Dharma Productions), Sujeet Kumar (Co-Founder, Udaan), Aprameya Radhakrishna (Co-Founder, Koo), Upsparks (Micro VC), and … Read more
Vajro, a mobile app development company based in Chennai, announced on Tuesday that it had secured $8.5 million in a Series A round from Kansas City-based growth equity firm Five Elms Capital. Vajro was founded in 2018 by Baskar, Niwin Santhosh, and Raghuraman Ramamurthy and now employs around 150 people. It’s currently geared toward the … 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
As part of the Pre Series A round, Angels and IIM Udaipur Incubation Center invested in LegalKart, a Gurgaon-based legal-tech business. LegalKart was founded in 2018 and obtained seed funding of about 3.5 crore from a group of angel investors in 2019. More than 1 lakh consumers have been served, and the platform now includes … Read more
Zuper has raised $13 million in Series A funding for its productivity suite for intelligent field service management and customer engagement. FUSE led the investment, which included Sequoia Capital India, Prime Venture Partners, and HubSpot Ventures. Since its inception, the Seattle-based firm, which provides technology to help manage field service teams, has raised more than … Read more
NuvoAir, a leading digital healthcare company working in chronic disease management, raised $11M in a latest round of financing. The investment was led by Hikma Pharmaceuticals’ venture capital arm, Hikma Ventures, and is an extension of the Series A round, previously announced in June 2021. Additional participation from a new strategic investor and existing investors … Read more
Mantra Health, the preeminent digital mental health clinic focused on young adults, today announced a $22 million Series A investment, led by VMG Partners. The round includes new investors New Market Venture Partners, Elements Health Ventures, 14W, and Alumni Ventures. Returning investors included Canaan Partners, Global Founders Capital, Baleon Capital, Western Tech Investments, and City … Read more
Heaps Health Solutions, an AI-driven healthtech B2B SaaS platform, secured Rs 550 million in a Series A round from high-net-worth individuals and family offices on Monday. The Rajiv Dadlani Group and Mumbai-based NVS Wealth Managers, founded by Nalin Shah and Jesal Shah, led the round. The worldwide healthtech platform and SaaS provider, founded by Dr … Read more
Glamplus, a SaaS-enabled marketplace firm, has raised $700,000 in a Pre-Series A round headed by Blume Ventures, with participation from current investors IPV and Ramakant Sharma (COO- Livspace). Glamplus is a curated B2B marketplace powered by SaaS that assists and empowers large, medium, and small salons/spas in adopting technology and growing their operations digitally. Glamplus … Read more
PayGlocal, a fintech platform, has raised $4.9 million in a Series A fundraising round headed by Sequoia Capital India, with BeeNext, Jitendra Gupta, and Amrish Rau participating. The cash will be used to develop the merchant and partner ecosystem, scale up the product, and hire more people. Prachi Dharani, Rohit Sukhija, and Yogesh Lokhande founded … Read more
Award-winning education funding startup, Stride Funding, announced the closing of a $12 million Series A financing round led by Firework Ventures, co-founded by Brigette Lau and Ashley Bittner. Other investors include impact investors such as Juvo Ventures and Graham Holdings — alongside previous investors GSV Ventures, Slow Ventures, and Sinai Ventures. Several industry and academic … Read more
