Stellaris Venture Partners and Chiratae Ventures contributed $15 million to Locofast, a fashion supply chain platform. Locofast is a business-to-business (B2B) platform for textile manufacturers and buyers founded in 2019 by serial entrepreneur Deepak and his co-founder Mohit Piplani — with whom he previously worked on his previous startup, WeAreHolidays. Locofast Online Services Pvt Ltd … Read more
Volopay, a Singapore-based corporate cards and expenditure management business, raised $29 million in a Series A financing that included both equity and debt. Volopay has grown at an exponential rate since its inception. The platform’s 150+ member workforce is dispersed across Singapore, Australia, India, Indonesia, and the Philippines, and its clients include Antler, Dathena, CoinDCX, … Read more
The Israeli digital health company CVAid Medical, which has developed a platform based on artificial intelligence for diagnosing and treating cerebrovascular accidents (CVAs, or strokes), has announced the completion of capital raising from Philips together with Sanara Capital. The Israeli Rad Biomed investment fund led the capital raising. The CVAid solution provides an answer for … Read more
Niyo, the consumer neo-banking platform, has raised $100 million in its Series C round of funding. The company will be using the funds to accelerate its mission to transform banking in India, and to provide convenient and hassle-free financial services to digital native customers. This Series C round of funding was led by Accel & Lightrock India with … Read more
Indian Math EdTech start-up Bhanzu, founded by Neelakantha Bhanu Prakash who broke Shakuntala Devi’s record to become the ‘World’s fastest human calculator’, has raised $2 million USD in seed funding. Bhanzu is a math-learning platform with a meticulously designed curriculum that helps students become 4x quicker and better at math by nurturing their cognitive abilities and … Read more
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
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
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, 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
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
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 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
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, 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, 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
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
