B2B Services Rental Startup Settlrs Raises $1 Mn In Funding

Settlrs, a B2B services rental firm, has raised US$1 million (about Rs 7 crore) in funding from Canbank Venture Capital Fund Ltd and other investors. Vinod Jain Family Office, MaGeHold Pte Ltd, JN Capital, and an unknown angel investor are among the other investors in the firm, which is incubated at NSRCEL, IIM Bangalore (IIMB). … Read more

QI Tech raises $50M Series A led by GIC

QI Tech

QI Tech, fintech that provides a range of financial services through APIs and the first SCD approved by the Brazilian Central Bank, announced today that GIC, Singapore’s sovereign wealth fund, has invested $50M in one of the largest Series A in Latin America. QI Tech will invest in the construction of new products, focusing especially … Read more

The Hosteller raises $1M million in pre-Series A funding round


FAO Ventures and CA Holding LLP launched a $1 million fundraising round for The Hosteller, one of India’s fastest growing backpacker hostel networks. The Hosteller, founded in 2014 by Pranav Dangi, is a one-of-a-kind chain of backpacker hostels and an ideal pit-stop for both international and domestic travellers. The Hosteller offers experiential yet affordable and … Read more

Purplle.com closes funding of $75M


Purplle.com, one of India’s leading online beauty destinations, today announced a $75M funding, welcoming Kedaara to the cap table, along with doubling down by Sequoia Capital India and Blume Ventures. This comes six months after a $45M funding backed by Verlinvest, Blume Ventures, JSW Ventures, and first-time investor Sequoia Capital India. The investment will augment … Read more

Kebony raises EUR 30 million in funding round led by Jolt Capital and Lightrock


Kebony, the leading environmentally friendly wood modification technology company, today announces a successful EUR 30 million funding round led by Jolt Capital and Lightrock. Kebony’s vision is to reduce CO2 emissions and tropical deforestation using its patented wood modification techniques, which produce superior wood in an environmentally friendly way. The key disruptive trends in the construction industry … Read more