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Redpanda Announces $50M Series B Funding from GV, Lightspeed Venture Partners, and Haystack VC

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Redpanda Data (formerly Vectorized) today announced it has raised $50M in Series B funding, led by GV with participation from Lightspeed Venture Partners (LSVP) and Haystack VC. Released in early 2021, Redpanda is a modern streaming platform that gives developers a simple, fast, reliable, and unified “engine of record” for both real-time and historical enterprise data. With its … Read more

Battery swapping startup Chargeup raises $2.5 mn in Series A funding

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Chargeup, a business that swaps out batteries, has secured $2.5 million (Rs 18 crore) in a pre-Series A investment led by Capital-A and Anicut Capital. Tiger Shroff, Aman Gupta and Sameer Mehta (founders of boAt), as well as Shraddha Kapoor, took part in the funding round. The cash will be used to expand its network … Read more

Sales engagement platform Vymo raises $22M in Series C Round

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Vymo, an intelligent sales engagement platform for financial institutions, has secured $22 million in a Series C round led by Bertelsmann India Investments, with participation from current backers Emergence Capital and Sequoia Capital. Vymo, founded in 2013 by McKinsey graduate Yamini Bhat and Google alum Venkat Malladi, helps improve sales performance through bottom-up insights and … Read more

Krishify raises $6.2mn Pre-Series A funding round

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Krishify, a rural social network, has raised USD 6.2 million in Pre-Series A funding from Omnivore, an agritech venture capital firm, as well as current investors Ankur Capital, Omidyar Network India, and Orios Venture Partners. Krishify, based in Gurugram, was formed by IIT grads Rajesh Ranjan, Manish Agrawal, and Avinash Kumar in 2019. Rajesh formerly … Read more

Gurugram based Fleetx.io raises $19.4M in Series B round

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FleetX, a Gurugram-based freight visibility and fleet management platform, announced on Tuesday that it has raised $19.4 million in Series B funding led by IndiaMart, with existing investors India Quotient and BEENEXT participating. Vineet and his co-founders Abhay Jeet Gupta, Udbhav Rai, Parveen Kataria, and Vishal Misra launched the company in 2017. It promises to … Read more

Pharma startup V-Ensure raises Rs 130 Cr in Funding

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V-Ensure Pharma Technologies, a contract medication manufacturing company, announced on Tuesday that it had raised Rs 130 crore ($17.5 million) in capital from Investcorp and Tanas Capital, an Asia-based private investment group. The new funding will be used to seek expansion prospects in North America, Europe, and other global markets for product development and launch. … Read more

GraphQL developer Hasura turns unicorn, raises $100M in Series C funding

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GraphQL innovation leader Hasura today announced that it has secured $100M in funding in a round led by Greenoaks with participation from existing investors Nexus Venture Partners, Lightspeed Venture Partners and Vertex Ventures. The Series C round brings the total capital raised by Hasura to $136.5 million and the company’s valuation to $1 billion. Hasura … Read more

AiDash acquires farming solutions company Neurafarms.ai

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Neurafarms.ai, a developer of geospatial and AI-powered farming solutions, has been purchased by AiDash, a leading provider of satellite- and AI-powered operations, maintenance, and sustainability solutions. AiDash will benefit from the purchase of Neurafarms.ai by strengthening its product line and adding key talent to its high-performing staff. Bhavesh Patidar, co-founder of Neurafarms.ai and leader of … Read more

DealShare raises additional $45M in ongoing Series E round

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DealShare, a social commerce firm located in Jaipur, announced on Thursday that it has raised an additional $45 million as part of its ongoing Series E fundraising round from an Abu Dhabi Investment Authority wholly-owned subsidiary (ADIA). The rapidly developing social commerce startup, founded by Vineet Rao, Sourjyendu Medda, Sankar Bora, and Rajat Shikhar in … Read more

Entri.app raises $7M in Series A Funding

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Entri, a Kochi-based online learning platform that empowers applicants through local language lessons, has raised $7 million in a Series A round led by Omidyar Network India, with participation from Boston-based Innospark Ventures and Hong Kong-based private equity firm Integrated Capital. Entri.app, which was founded by Mohammed Hisamuddin and Rahul Ramesh in 2017, claims to … Read more

GOQii Secures $50 Mn In Series C Led By Sumeru Ventures

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Sumeru Ventures led a Series C fundraising round for GOQii Inc, which raised $50 million. GOQii, a smart-tech-enabled healthcare platform founded in 2014 by Vishal Gondal and headquartered in California with operations in Mumbai, is a smart-tech-enabled healthcare platform that connects customers to the full preventative healthcare ecosystem. Fitness tracker, app, coaching, healthstore, insurance, and … Read more

EventX raises additional $8M led by GL Ventures

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EventX, an Asian-focused event SaaS startup that provides organisations and marketers with event lead generation and event management solutions, acquired an additional $8 million in Series B plus funding on Wednesday, increasing the firm’s Series B total to $18 million. GL Ventures led the round, with participation from other investors. With engineering, business development, and … Read more

Healthtech startup Proactive For Her raises $5.5M in Series A Funding

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Proactive For Her, a women’s healthcare firm, raised $5.5 million in a Series A fundraising round headed by Vertex Ventures SEA and India and previous investor Nexus Venture Partners on Wednesday. Achitha Jacob, an IIT-Bombay alumna, created Proactive For Her in 2020 with the goal of delivering judgement-free, progressive, body-positive, queer affirmative, and trauma-informed healthcare … Read more

Beauty startup RENEE Cosmetics raises $10M in Series A funding

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Renee Cosmetics, a beauty brand, raised $ 10 million in a Series A round headed by Mensa Brands on Friday. Existing investors, such as Equanimity Investments and 9Unicorns, participated in the round as well. RENEE Cosmetics is a cruelty-free cosmetic brand founded in 2019 by Aashka Goradia Goble and Beardo co-founders Ashutosh Valani and Priyank … Read more

Bugworks raises $18M in Series B1 round

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US, Australia, and Bengaluru-based Bugworks, a clinical-stage multi-indication therapeutics startup,announced that it has raised $18 million in Series B1 funding. The round was led by Lightrock India and included existing investors Bugworks is a clinical-stage biopharmaceutical company founded in February 2014 with the goal of developing novel anti-infectives and immuno-oncology (IO) therapeutic assets using cutting-edge … Read more

Anveya Living raises INR 8 Cr in its seed round with Rukam Capital

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Anveya Living Private Limited, the company behind premium beauty and personal care brands Anveya and ThriveCo, has raised INR 8Cr from Rukam Capital in its seed round. The company plans to use the capital to further research and development, enter new categories and markets, and to build the team to power further expansion. Founded by … Read more

Razorpay Acquires Leading Malaysian Fintech Startup Curlec

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Razorpay Software Pvt Ltd, a digital payments and financial services startup, announced on Tuesday that it has acquired a majority stake in Malaysia-based fintech firm Curlec, marking the company’s first foreign acquisition.  Curlec is a Kuala Lumpur-based company, building solutions for recurring payments for businesses of all sizes. This is our first international acquisition and … Read more

Ola Electric raises $200M at a valuation of $5B

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Ola Electric, founded by Bhavish Aggarwal, is now valued at $5 billion thanks to a $200 million investment from Tekne Private Ventures, Alpine Opportunity Fund, and Edelweiss. Last December, the electric vehicle manufacturer raised $500 million from prominent institutional investors through a Term Loan B (TLB), which drew a massive response from investors, with interest … Read more

After Not Getting Any Deal On Sharktank, Jhaji Store Gets Funded Through Velocity

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Direct-to-consumer (D2C) brand Jhaji Store, an online pickle store that sells authentic homemade achars, has raised an undisclosed amount from Velocity.in, India’s largest revenue-based financier. This is the first round of external financing Jhaji Store has raised. Founded in March 2021 by the sister-in-law duo – Kalpana and Uma, Jhaji Store is a women-led D2C … Read more

Jhaji Store Raises Undisclosed Amount From Velocity.in

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Jhaji Store, a direct-to-consumer (D2C) company that sells authentic handcrafted achars online, has raised an unknown sum from Velocity.in, India’s largest revenue-based funder. Jhaji Store has raised its first round of external funding. Jhaji Store is a women-led D2C firm that offers traditional homemade pickles from Darbhanga district in Bihar through their eCommerce store. It … Read more