Zorro, a fictitious social networking platform, has secured $3.2 million in a seed round headed by 16 unicorn and soonicorn creators. Vijay Shekhar Sharma, Paytm’s founder and CEO; Ritesh Agarwal, OYO Rooms’ founder and CEO; Ankiti Bose, Zilingo’s founder and CEO; Kunal Shah, Founder and CEO, CRED; Ashish Hemrajani, Founder and CEO, BookMyShow; Ashneer Grover, … Read more
Ultraviolette Automotive Pvt Ltd, a Bengaluru-based electric two-wheeler startup, has allegedly secured $14.85 million (Rs 112.5 crore) in a Series C financing from TVS Motor and Zoho Corporation. Ultraviolette is a company that designs, develops, and manufactures electric two-wheelers and accessories. It was founded in 2015. In October of last year, the business raised Rs … Read more
3one4 Capital, Saison Capital, Eximius Ventures, First Cheque, and Speciale Invest have all invested $1.5 million in fintech platform Fego.ai. The money will be used to strengthen and expand the startup’s developer services, as well as to grow its team and accelerate the debut of its products to the general market. Fego, which is set … Read more
AgentSync, the company building technology to power growth across the insurance industry, today announced a $75 million Series B at a $1.2 billion valuation, making AgentSync the only unicorn building infrastructure specifically designed to make the $1.3T US insurance industry run more efficiently. Led by Valor Equity Partners with participation from Craft Ventures, Tiger Global, … Read more
Agrostar, an agritech firm, has secured $70 million in a Series D round led by Evolvence, global asset manager Schroders Capital, Hero Enterprise, and the UK’s development finance organisation CDC. AgroStar, founded by Shardul and Sitanshu Sheth, has one mission: “Helping Farmers Win.” It uses data and technology to address farmers’ issues with access to … Read more
Probus Insurance, a Mumbai-based insurtech company, has raised $6.7 million in a fundraising round headed by BlueOrchard Impact Investment Managers of Switzerland. Probus, which began as a typical insurance brokerage firm in 2003 and has now evolved into a tech-enabled platform, has built a strong framework and ecosystem in the online retail distribution arena. Probus … Read more
Moengage, a Bengaluru-based insights-led consumer engagement platform, announced on Tuesday that it had raised $30 million in Series D funding, more than doubling its previous Series C1 investment of $32.5 million in July. Steadview Capital led the investment, with existing investors Multiples Alternate Asset Management, Eight Roads Ventures, F-Prime Capital, and Matrix Partners also participating. … Read more
Hometap, which provides a smart, new loan alternative for tapping into home equity without taking on debt, today announced it has raised $60 million of new operating capital in a funding round led by American Family Ventures along with new and existing investors including Bain Capital, ICONIQ Capital, LLC, G20 Ventures, Pillar, and General Catalyst. … Read more
OpsLyft, a San Francisco and Noida-based DevOps startup, has raised $500k in seed funding from unicorn founders, Anand Chandrasekaran, and marquee angels from Freshworks, Oyo, Innovaccer, other angel investors based in India and the US. The list of angel investors includes Anand Chandrasekaran, former Executive VP, Five9 and former CPO @ Snapdeal, Shailendra Singh, board … Read more
LoanKuber, a digital-first mortgage platform, has raised Rs 13 crore (about $1.7 million) in a pre-Series A funding round led by LetsVenture and Inflection Point Ventures, a Gurugram-based angel investing platform. Other investors took part in the round as well. LoanKuber has previously secured $1.25 million in a pre-Series A financing led by LetsVenture, Accolade … Read more
Learning Matters, a Bengaluru based ed-tech company that uses Artificial Intelligence and voice technology to reinvent teaching and learning has received funding from Lavni Ventures and a group of angel investors. The company will use the capital to accelerate development of its flagship ed-tech solution ‘Tara’ – a virtual voice teacher – as well as … Read more
Immensitas Private Limited has raised $2.3M in a Pre-Series A1 round co-led by growx ventures, Artha Venture Fund (AVF), and DSP Investment Managers Pvt. Ltd. The round also saw participation from LogX Ventures and Atrium Angels, the ISB alumni sponsored micro VC fund. In July, the company had raised a round from AVF and LogX. … Read more
Simpl, a cardless payment network with embedded 1-Tap Checkout, Buy Now Pay Later and Buyer Protection, has raised a $40M Series B round led by Valar Ventures & IA Ventures with participation from LFH Ventures and other internal investors. This investment brings the total capital raised by the company to $83M. With Simpl, online merchants … Read more
Premagic, a workflow management platform for photographers, has received a pre-seed fundraising round of INR 2 crore from 300 venture capitalists and angel investors. Premagic, a B2B SAAS product for event photography founded in 2018 by Anup Mohan, Anenth Vishnu, and Mevin Chirayath, helps photographers streamline their workflow and substantially improve the efficacy of client … Read more
Mumbai Angels Network sponsored a $1 million round of funding for D2C firm Jade Forest. In November 2020, the company raised a $250k seed round. The new money will be put toward expanding geographically and entering the ready-to-drink beverage category. Jade Forest is a luxury non-alcoholic beverage brand founded by Shuchir Suri and Punweet Singh … Read more
ZenOnco.io, an oncology healthcare platform, has raised $1.4 million in a seed round led by Enzia Ventures, with Better Capital, Apollo Hospitals, Titan Capital, Dr Arvind Kumar, and other angel investors participating. According to a news statement from ZenOnco.io, the funds will be used to expand the company’s current activities and introduce new products. ZenOnco.io … Read more
21K School, India’s first online-only school, just raised $5 million in a pre-Series A financing led by Ronnie Screwvala, Co-Founder and Chairman of upGrad. Santosh Kumar, Yeshwanth Raj Parasmal, Dinesh Kumar, and Joshi Kumar founded 21K School in 2020 with the goal of creating a 100% online school that offers children aged 3 to 18 … Read more
Drona Pay, a Mumbai-based SaaS solution, has raised $500K in a seed round led by Varanium Capital, Credit Saison, and fintech experts Kunal Shah, Jitendra Gupta, Amrish Rau, and others. Drona Pay, founded in 2021 by Satish Kashyap, Pallavi Narvekar, and Sukhdev Sinh Zala, provides real-time protection for financial institutions using ml and proprietary data … Read more
Park+, a new smart parking solution business founded by Amit Lakhotia, the former vice president of Paytm Payments, revealed on Wednesday that it has raised $25 million in a Series B investment led by Sequoia Capital India, Matrix Partners India, and Epiq Capital. AdvantEdge, Fund II – a series of Somani Investments LP, and Motherson … Read more
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
