Pumpkart, an e-commerce platform for farm equipment and water pumps, said that it has received $2 million in investment from the Karnataka government’s Samruddhi programme. Pumpkart is an online B2B marketplace for water pumps and various associated supplies, founded by KS Bhatia in June 2014. Pumps can be bought and sold on the platform by … Read more
Agritech startup Agrowave has raised $2 million in Pre-Series A funding from Aroa Ventures, the family office of Oyo founder Ritesh Agarwal. Agrowave is building a supply-driven farm-to-market mobility supply chain with a focus on first-mile logistics and trades supply through an integrated network of mobile pickup stations. T Agrowave, a Gurugram-based agritech firm, was … Read more
Zuper has raised $13 million in Series A funding for its productivity suite for intelligent field service management and customer engagement. FUSE led the investment, which included Sequoia Capital India, Prime Venture Partners, and HubSpot Ventures. Since its inception, the Seattle-based firm, which provides technology to help manage field service teams, has raised more than … Read more
Rocketlane, a customer onboarding platform, announced on Wednesday that it has raised USD 18 million (about Rs 133.8 crore) in funding from Asana, 8VC, and other investors. The latest fundraising round comes just seven months after the business announced its seed funding round, in which Matrix Partners India and Nexus Ventures Partners contributed $3 million. … Read more
Zymrat, a performance apparel business focused on innovation, announced today that it has raised $500,000 in seed funding. Dominor Investment Holding LLP headed the investment. Zymrat is an innovation-driven performance wear brand with technology at its core, founded in 2018 by Ujjawal Asthana and Ankita. Men’s training and running t-shirts, shorts, joggers, and outerwear are … Read more
Courseplay, an employee development platform, has raised INR 3 CR in a seed round headed by Inflection Point Ventures. The cash raised will be put towards acquiring new customers and bringing new AI-powered capabilities to market. Courseplay offers complete training delivery, employee engagement, workflow automation, and impact measurement solutions. By 2020, the startup will have … Read more
Mivi, a leading domestic consumer electronics brand, has raised an undisclosed amount from N+1 Capital in a debt financing round. N+1 Capital, India’s largest revenue-based growth capital fund, has been affiliated with the previously bootstrapped company as its first financial partner. Mivi is a one-of-a-kind firm based in Hyderabad that specialises in audio gadgets, with … Read more
Mankind Pharma and previous investor Sixth Sense Ventures led a Rs. 50 crore Series A investment for Dogsee Chew. This is Mankind Pharma’s first foray into the pet food market. Dogsee Chew is the only firm that offers 100% vegetarian dog treats, and it was founded by Bhupendra Khanal and Sneh Sharma, a husband-and-wife team. … Read more
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
Qarmatek, an electronics renewal and refurbishment firm backed by GVFL (Gujarat Venture Finance Limited) and Caspian Debt, has acquired $3 million in Series A funding. The funds will be used to expand its newly launched B2C refurbished and rejuvenated electronics marketplace, MOBEX. Qarmatek began as a B2B electronics repair and refurbishment partner for major device … Read more
edustoke is India’s largest online preschool to K-12 platform, bridging parents’ needs for information and expert assistance on educational options. Indus Initiatives has provided the firm with INR 3 crore in startup finance for the brand. edustoke, founded in 2017 by Mr Pawas Tyagi and Mr Rohit Malik, is the pioneer in structured school search … Read more
Purplle, an online marketplace for beauty and grooming items, has raised Rs 257.43 crore (about $38 million) in an extended Series D round led by Sequoia Capital and others. Kedaara Capital and Premji Invest were among the investors in this round, which garnered $106.7 million for the Mumbai-based company. The news was initially reported by … 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
Heaps Health Solutions, an AI-driven healthtech B2B SaaS platform, secured Rs 550 million in a Series A round from high-net-worth individuals and family offices on Monday. The Rajiv Dadlani Group and Mumbai-based NVS Wealth Managers, founded by Nalin Shah and Jesal Shah, led the round. The worldwide healthtech platform and SaaS provider, founded by Dr … Read more
Cloud-tech HR venture ZingHR has raised $10million from Tata Capital Funds, which will give the latter a 33% stake in the company. The company will use the funding for expansion into more global markets, upgrade technology and scale up its talent pool. “We are thrilled to announce that we have bagged $10 million funding from … 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
True Global Ventures 4 Plus (TGV4 Plus) Fund has invested US$5 million into ChromaWay, leading the US$10 million latest fundraising round. ChromaWay is a leading Web3 pioneer, developing industry-defining blockchain technology platforms since 2014. ChromaWay are the creators of relational blockchain, a class of blockchain platforms that combine the power and flexibility of mature relational database systems with the secure … Read more
A seed round led by Touchstone Partners, with participation from ThinkZone Ventures, has secured US$1.1 million for a Vietnam-based social commerce firm. On is a reseller network that allows users to market products to their friends and family while earning fees on each transaction. It was launched in March 2021. For its users, the platform … Read more
Novo, the powerfully simple small business banking platform, today announced that the company has raised $90 million in Series B funding at a $700 million valuation. Stripes led the round, with continued participation from existing investors Valar Ventures, Crosslink Capital, Rainfall Ventures, and BoxGroup. This latest round brings Novo’s total funding to more than $135 … Read more
