FPL Technologies, which distributes OneCard branded credit cards, has raised $76 million (Rs 565 crore) in funding from Delaware-based QED Fund and Singapore-based Ocean View Investment. FPL Technologies is a fintech startup that operates in the digital and physical credit cards, named OneCard, and credit score-checking product, called OneScore. It was founded in 2019 by … Read more
An insurance broker, SecureNow, has raised $6 million in a Series B financing. Apis Insurtech Fund I, administered by Apis Partners LLP, and Charan Singh, founder of SelectQuote Inc. participated in the round. SecureNow is an end-to-end insurtech platform that provides pure-risk commercial insurances to small and medium businesses. It was founded in 2011 by … Read more
Following his Spilit from Hair Originals co-founder Jitendra Sharma, Ashish Tiwari has founded Hair Forever, a new business in the hair extensions industry. Hair Forever has raised USD 150K in a pre-SEED round from a group of angel investors. After Healthkhoj and Hair Originals, this is the serial entrepreneur’s third endeavour. In November of this … Read more
We Founder Circle, a founder-backed early-stage company investor, and Wami Capital invested in EsportsXO, a SAAS-based tournament finding platform for gamers, in a seed round of USD 1.1 million. Other notable investors who participated in the round lead by We Founder Circle included SOSV, Mumbai Angels Network, SucSEED Innovation Fund, The Gaming Lounge, and FAAD … Read more
Ritu Marya Family Office has invested in Zorgers, a home healthcare start-up. The money will be utilised to increase their geographical reach and mobilise 50,000 healthcare professionals over the next two years. Zorgers, based in Chandigarh, is an eight-year-old healthcare startup that specialises in at-home healthcare and offers services such as ICU at Home, Critical … Read more
Rhaeos, Inc., a private, clinical stage medical device company developing a platform wireless and non-invasive wearable sensor initially targeting the neurosurgical suite, today announced the successful closing of its oversubscribed $2.2 million seed financing. The round, which brings a total of over $8 million in dilutive and non-dilutive financing to date, includes participation from Creative Ventures, Portal Innovations, Lateral … Read more
Artha Venture Fund (AVF), India’s first early-stage micro-VC fund, led a seed round of 1.75 crores in StarClinch today. Nitish Mittersain, the Founder and CEO of Nazara Technologies, also took part in the round. From AVF’s recently closed 225 crores micro-VC fund, StarClinch is the 14th investment and 23rd funding round. StarClinch, which was founded … Read more
Varun Dhawan, a Bollywood actor, has invested an unknown sum in Fast&Up. He gravitates towards Fast&Up for the quality clean nutrition it makes and provides to people all around the world, as part of a common mission of Health First-India First. This investment came shortly after Fast&Up received $22 million in Series C funding from … Read more
Jupitice, the world’s first Justice Technology (JusTech) firm, has secured $ 4 million in a Pre-Series A investment sponsored by Almas Global Opportunity Fund. Mr Raman Aggarwal founded Jupitice, which has created and constructed the World’s First Next-Generation Justice Technology Platform based on AI, Machine Learning, and Blockchain. The capital was raised in just a … Read more
Dhurina, a rapidly growing e-learning platform, has acquired USD 1.2 million in a second round of funding led by RVCF and additional investors such as LetsVenture, RBD Publication, India Accelerator, Precision Startup Advisory, and Pai Ventures. The newly invested money will be used for technology advancements, aggressive business growth, company expansion, and expanding the product’s … Read more
Verandah, a Mumbai-based line of conscientious luxury resort and swimwear, has raised $1.1 million in a seed fundraising round (about Rs. 8 crores INR). Mike Novogratz (CEO, Galaxy Investment Partners), Neeraj Arora (former CBO, WhatsApp), Lydia Jett (Partner, SoftBank Vision Fund), PDS Venture (PDS Multinational Fashions’ venture tech portfolio), and other prominent financial community members … Read more
CosIQ, a four-month-old start-up aiming to be an intelligent skincare brand, received a seed round of funding of $5 million from Shark Tank India in its fourth episode on December 23rd. Kanika Talwar and her husband are the founders of the four-month-old company. It’s a new molecular skincare company that offers a variety of products … Read more
Paisagrowth, a fintech business, announced today that it has acquired $250,000 in initial funding from GSF, a leading startup accelerator, and other investors. Anurag Tiwari, a former Business Development Manager at Loansimple, Aabhas Tripathi, a former top Strategy Executive at Fitso, and Abhishek Sharma, a former Vice President of Engineering at Loansimple, founded the company … Read more
Siply, a tech-enabled micro-savings platform today announced that the company is looking to double its head count by 2022 and hire across technology, marketing and operations. Sousthav Chakrabarty, Co-founder & CEO, Siply, says, “Our vision is to be the preferred financial services partner to over 40 crore Indians, who are not yet a part of the formal … Read more
GoKhana, a SaaS platform for End-to-End Management of Corporate Cafeterias, has raised $1.1 million in a pre-Series A round. Founded by Ankur Marda, Ashish Marballi and Hitesh Sarda in 2017, GoKhana digitizes operations of institutional food-courts by introducing efficiencies and making the entire food-ordering process convenient, efficient and contactless. GoKhana is present in 11 cities … Read more
SADA, a leading business and technology consultancy and Google Cloud Premier Partner based in the USA, today announced its acquisition of Thiruvananthapuram Technopark-based ByteWave Digital, a Google Cloud Partner committed to providing innovative and scalable technology solutions and services to help businesses of all sizes unlock the power of the cloud. ByteWave Digital maintains its global delivery … Read more
