Beco, a Mumbai-based company that makes environmentally friendly personal care products, raised $3 million in a Series A round of funding on September 12, 2022. The round was led by Rukum Capital, Priyavrata Mafatlal, Better Capital, Prashant Pittie, and Titan Capital. Aditya Ruia, Akshay Varma, and Anuj Ruia launched Beco in 2019 with the goal … Read more
A number of key investors, including Dreamweaver Investments, have raised USD 1 million (about Rs 7.8 crore) for Zerund, a Guwahati-based manufacturer of sustainable bricks. Zerund had also raised Rs 4 crore from investors in 2021, including Villgro Foundation and NEDFi Venture Capital Ltd (NVCL). Zerund has brick manufacturing facilities in Guwahati and Pathsala in … Read more
Akshayakalpa Organic, a startup producing organic dairy products, announced on Thursday that it has raised USD 15 million (about Rs 120 crore) from investors. One of the top manufacturers of organic milk in the nation is Akshayakalpa Organic, which was established by GNS Reddy and Shashi Kumar. Akshayakalpa intends to make significant investments in the … Read more
Anveshan, a D2C healthy food firm, raised $2 million in a pre-Series A funding round from DSG Consumer Partners, Force Ventures, and We Founder Circle. The round also included participation from Rahul Sharma (Zetwerk), Amit Jain and Amit Hooja (Netgraph, Vardhman Group), and numerous other individuals. The funds raised will be used for hiring staff, … Read more
EV charging infrastructure solutions start-up goEgoNetwork has raised Series A equity funding of USD 8 million (almost Rs 60 Cr). Disrupting the energy and transportation space with its vision to create a robust EV charging network, goEgoNetwork will use the funds in developing and installing the Fast DC Charging Station product line. It will also … Read more
SuperShare is excited to announce its first-ever ESOP (Employee Stock Option Programme) buyback. In its Series A stage, SuperShare is successfully utilising ESOPs to draw in new talent while recognizing current and past employees for their support and contributions. It’s a rare event for an early-stage startup. Team members with vested options will be eligible … Read more
Spotnana, a cloud-based travel technology platform, announced a $75 million funding round. Spotnana is a software-as-a-service platform for travel buyers and suppliers, providing travel inventory from global sources for ease of travel management. It was founded in 2019 by Sarosh Waghmar and Shikhar Agarwal. Previously, in September 2021, the company raised $34 million in series … Read more
Fi, a fintech firm that hosts a neo-banking platform, has announced a $45 million funding round. Alpha Wave Ventures led the Series A funding round. The latest funding comes after the Bengaluru-based startup raised $50 million in November 2021 at a valuation of $315 million. Ex-Google Pay executives Sujith Narayanan and Sumit Gwalani founded the … Read more
ForSight Robotics, the pioneer in ophthalmic robotic surgery, today announced it completed a $55 million Series A round to advance the world’s first surgical platform for fully robotic cataract surgery: ORYOM. ForSight’s flagship robotic platform will increase accessibility to ophthalmic surgery procedures worldwide and ultimately, transform the future of eye surgery. The Adani Group led the funding round alongside existing … Read more
Mokobara, a D2C luggage startup, has raised $6.5 million in a Series A funding round led by Saama Capital and Sauce VC. Mokobara plans to invest the new funds in research and design. It will use the funds to expand into new categories, expand its team, and open experience centres. The Bengaluru-based startup, founded in … Read more
GrowthX (GrowthX.club), a social learning community of the top 1% of growth leaders, announced that 212 angel investors contributed to its seed round. This historic community-led fundraising in the Indian startup ecosystem saw participation from 200+ founders, leaders and operators across companies like Razorpay, Airbnb, Mamaearth, Meesho, Myntra, and Freshworks. Out of the 1.5 Million USD raised, … Read more
Normalyze, a data-first cloud security platform, today announced it is coming out of stealth with $22.2M in Series A funding, co-led by Battery Ventures and Lightspeed Venture Partners. This round brings the company’s total funding to $26.6M to date. Normalyze is an agentless platform that helps organizations better manage sensitive data—and attack paths to it —in today’s complex, multi-cloud environments, protecting customers from large and … Read more
Progcap, a startup in corporate financing, raised $40 million from investors in its Series C investment. The business had previously received $30 million from Creation Investments and Tiger Global. It raised a total of $70 million during the most recent round, valued at $600 million. The venture, which was established in 2017 by Pallavi and … Read more
Leap Scholar, an edtech business with operations in San Francisco, Bengaluru, and Singapore, revealed on Wednesday that it had raised $75 million (Rs 585 crore) in a Series D fundraising round that was primarily led by Owl Ventures. Along with previous investors Jungle Ventures and Sequoia Capital India, new investors Steadview Capital and Paramark Ventures … Read more
Leading Indian skincare and cosmetics brand NutriGlow has secured Series A funding from the investment major G.O.A.T Brand Labs. Apart from its own website, with an extensive presence on all e-retail platforms including Amazon, Flipkart and Nykaa, the beauty brand is looking to use the funding for the development of infrastructure, research and development (R&D) … Read more
mewt, a banking super-app for Micro, Small & Medium Enterprises (MSMEs) of India, today announced that it has raised US$4.6 million in a seed funding round. The round was led by global fintech investor Quona Capital, with participation from existing investor BEENEXT, DG Daiwa Ventures, Goodwater Capital, Allin Capital, and a clutch of fintech angels. … Read more
