Scripbox, India’s first digital wealth manager, said today that it has raised USD 21 million in series-D fundraising from a mix of equity and debt investors. Transpose Platform, DMI Alternative Investment Fund – The Sparkle Fund, InnoVen Capital, Trifecta Capital, KPB Family Trust, LetsVenture, Kube VC, and YY Capital LLC are among the investors in … Read more
Your-Space, India’s premier student housing Company raised USD 10M in Series-A funding (a combination of pure equity and convertible debentures) led by the personal investment from Mr. Shantanu Rastogi (of General Atlantic) and Mr. Ajay Gupta’s (Capital Foods) family office AJAX Capital and Holy Basil Consultancy Private Limited, which also saw participation from Mr. Manish … Read more
Arya.ag, an agritech business, has raised $60 million in a Series C funding round headed by Asia Impact SA, a Luxembourg-based investment group. Existing investors, such as Lightrock India and Quona Capital, took part in the fundraising as well. According to a top company official, the company’s post-money valuation has surpassed $300 million. Arya is … Read more
Bengaluru-based short-video app Chingari on Monday announced the closing of $15 million in Series A extension round. The funding will be used to improve technology, create new services, and expand the tech staff, according to the site. The app’s live-streaming, socio-commerce, and voice chat functions will be available soon. Since April 2021, Chingari has seen … Read more
ORAI, a conversational AI platform, has raised INR 6.5 crore in a Pre-Series A round headed by Inflection Point Ventures, one of India’s most well-known angel investment platforms. ORAI is solving a major problem by providing 100 percent AI-powered automation with all advanced capabilities in a single bot that handles all customer care, customer outreach, … Read more
Traya, a holistic hair care platform, has secured $2.2 million in a pre-Series A fundraising round headed by Fireside Ventures, with existing investors Kae Capital and Whiteboard Capital participating. Traya has taken it upon itself to make a difference in the hair market by offering a holistic approach to hair loss management. The cash will … Read more
LEAD, a school edtech platform, announced on Thursday that it has raised $100 million in a Series E fundraising round led by WestBridge Capital and GSV Ventures at a unicorn value. The company, launched in 2012 by Sumeet Yashpal Mehta and Smita Deorah, is banking on a boom in demand for online education as a … Read more
Praan, a California and Mumbai-based firm, has announced a $1.56 million investment round headed by Social Impact Capital, with participation from Better Capital, Paradigm Shift Capital, and Avaana Capital, as well as Texas-based Quality of Life Investments (Angel Syndicate) Praan was founded in 2017 by Angad Daryani with the goal of helping people breathe healthier … Read more
The Michael & Susan Dell Foundation led a $10 million Series B fundraising round for Kaleidofin, a neo-bank with a purpose to help consumers achieve their real-life goals by providing intuitive and personalised financial solutions. KaleidoPay is a suite of comprehensive payment solutions that includes KaleidoCredit, a credit as a platform service for lending and … Read more
OneDios, a customer support request aggregator platform, has secured USD 1.2 million in a round headed by Indian Angel Network (IAN), LetsVenture, and HNIs like Bhanu Chopra, Akash Bhansali, and the Haldiram Group. OneDios is a Delhi-based startup, which was launched in 2019, plans to expand the size of its product portfolio with the new … Read more
Lemme Be, the brave and unapologetic period care brand of young India, has raised INR 5 crores in its seed round. UNI-M Ventures, managed by Gunnwant Vaid and Aniket Gore, Nikhil Vora, the Founder of Sixth Sense Ventures, and Multiply Ventures, to name a few, were among the investors who believed in the brand. The … Read more
Founded in 2011, Hakuna Matata is a leading digital transformation solutions provider for Manufacturing, Distribution & Logistics firms. Hakuna Matata develops mission-critical business applications that enable enterprises to improve their operational efficiency and Sales. They offer Industry 4.0 solutions that span across connected Man, Machines & Materials, and digital supply chains, process digitization, and preventive maintenance solutions. By deploying … Read more
Avataar.me, a San Francisco and Bengaluru-based AI and Computer Vision platform focusing on spatial visual discovery, announced on Friday a $45 million Series B investment round headed by Tiger Global with previous investor Sequoia Capital India as a co-participant. Avataar’s platform, which was founded in 2014 by Prashanth Aluru, Sravanth Aluru, Gaurav Baid, and Mayank … Read more
Dunzo, India’s leading quick commerce player, has raised US$240M in its latest round of funding. The investment was led by Reliance Retail Ventures Limited (“Reliance Retail”), with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital. With an investment of US$200M, Reliance Retail will own 25.8% stake on a fully diluted basis. This … Read more
ReadyWorks, a digital platform conductor (DPC) that leverages AI and intelligent automation to reduce the risk and costs of IT infrastructure transformation, announced today that it has closed $8 million in Series A financing led by Credit Suisse Asset Management’s NEXT Investors. With this investment, ReadyWorks will expand its technology platform to help enterprises accelerate … Read more
VeriSIM Life, the leading artificial intelligence (AI)-enabled, unique R&D decisions de-risker for breakthrough drug development, today announced it has closed its oversubscribed $15 million Series A round. The financing was led by Morpheus Ventures. Additional new investors include Debiopharm Innovation Fund and Colorcon Ventures, with continued support from existing investors OCA Ventures, Intel Capital, Serra … Read more
Bag2Bag, a travel technology startup, based out of Bangalore, India which deals in online hotel booking have received their first external funding from a US based investor. This is still a tough phase in travel and hospitality sector, but Bag2Bag’s growth is significant, future plans are promising and the team is experienced which has established … Read more
Campus 365 Edunet Pvt Ltd, a Bengaluru-based edtech business, announced on Thursday that it has raised Rs 2.15 crore in seed funding led by Bengaluru-based angel investors. Campus 365 claims to offer a SaaS (software-as-a-service) platform that unifies school curriculum, teaching methods, and vendor resources. It was founded in 2017 by Mayank Singh, Sandeep Verma, … Read more
X0PA AI, a leader in AI-powered objective hiring solutions, today announced $4.2 million USD in Series A funding. The investment was led by ICCP SBI Venture Partners (ISVP), with additional funding from SEEDS Capital, AI8 Ventures, XCEL NEXT VENTURES, and SASV Investments. The new funding comes on the back of significant growth into new markets … Read more
Geniemode, a B2B cross-border sourcing and supply chain technology company for businesses, has raised $7 million (about Rs 52.5 crore) in a Series A investment led by Info Edge Ventures. Geniemode Global Pvt Ltd was created in March 2021 by Amit Prakash Sharma and Tanuj Gangwani with the goal of organising the global sourcing and … Read more
