According to a press release from the company, Ninty One secured roughly $30 million (Rs 225 crore) in a Series A financing from A91 Partners. The company is valued at around Rs 1,000 crore at this round. Ninety One is a cycle company founded in 2015 by Sachin Chopra, a former managing director of Everstone … Read more
Platform for online job postings Monster has raised Rs 137.5 crore from Volrado Venture Partners, Meridian Investments, and its parent firm Quess in an investment round valued at close to $100 million. Volrado is led by Enam Holdings’ Akash Bhanshali, while Meridian is TV Mohandas Pai’s investment office. In 2018, Quess bought Monster.com’s operations in … Read more
Minko, a retail financial platform that provides loan facilities to small Kirana and retail shop owners, has secured $1.5 million in a seed round. LetsVenture Founder and CEO Shanti Mohan and Kunal Shah, Founder of CRED, participated in the round, which was led by LC Nueva AIF, an India-domiciled Category II AIF Fund with LC … Read more
YCombinator, Justin Mateen (Founder of Tinder, through the JAM Fund), and Pioneer Fund funded a $2.9 million seed round for GoBillion, a B2C social commerce platform. Gobillion is an ecommerce business that allows users to buy together in social groups and unlock fantastic bargains. It was founded in 2020 by IIM-NIT alumni Roshan Farhan and … Read more
Galo Watches Founder Zeca Amendola is excited to announce recent fundraising success, as he looks forward to keeping the momentum going into the new year with the launch of a new campaign. During the first campaign, Galo Watches raised a total of AU $46,000 — AU $30,000 of that was raised in less than two days. The … Read more
Construction Robotics Startup, Pace Robotics, has raised seed investment from Pidilite Industries Ltd, who has acquired an equity stake of 19.5% in the company. The fund will be used for product development and core team expansion. Founded in 2020 by Ayushmoy Roy and Srinivas K Pai, the startup has been working on a prototype for … Read more
Tackle.io, a software company dedicated to helping software providers generate revenue through the clouds, today announced a $100 million Series C funding round. The round brings the company’s valuation to $1.25 billion and was co-led by Coatue and existing investor Andreessen Horowitz, and included participation from Bessemer Venture Partners. The funding, which comes 9 months … Read more
Teachmint, an education infrastructure startup and the creator of India’s largest teaching platform, today announced that it has acqui-hired the Indian arm of edtech startup Teachee. Helping educators and creators sell courses online, Teachee was launched in India in October 2020 by Vlight Technology Pte, a Singapore-based company. This comes at the heels of Teachmint’s acquisition of Teachmore, a course-selling platform which enables … Read more
Jumbotail, a B2B marketplace, has secured $85 million in a Series C round headed by Artal Asia Pte. Ltd. and Ajax Capital. Early investors Nexus Venture Partners and Kalaari Capital took minor part-exits in the secondary, making the round a mix of main and secondary investments. Until now, the company has raised a total of … Read more
Chiratae Ventures (Formerly IDG Ventures) and Lenskart Vision Fund led a $4 million pre-Series A investment for Adloid, an AR builder platform. Prashant Pitti, co-founder of EaseMyTrip, Seeders, and 100x Entrepreneur have all invested in the fresh round. Adloid is renaming to Metadome with this round, a metaverse that will give no-code infrastructure to virtual … Read more
Zepto, a 10-minute grocery delivery service, has raised $100 million (Rs 755 crore) in a new round of funding, valuing the company at $570 million. The Series C financing was headed by Y-Continuity Combinator’s Fund. Existing backers such as Nexys Venture Partners, Glade Brook Capital Partner, Contrary Capital, and private investor Lachy Groom also participated … Read more
Feminine hygiene start up Sirona (makers of PeeBuddy and other innovative feminine hygiene products and market leaders in menstrual cups) have raised INR 100 crores in Series B funding from South Asia’s largest DTC conglomerate and recent BPC Unicorn Good Glamm Group.This is one of the largest amounts invested in a Series B round for … Read more
Halo, the world’s most advanced pet safety and training technology, announced that it is fully subscribed for its Series B funding round. Founded by IOT visionaries Ken and Michael Ehrman with dog behaviorist Cesar Millan, Halo achieved a valuation of $400 million. The raise marks a monumental moment for Halo and supports the company’s overall … Read more
Amid accelerated demand for its dental artificial intelligence (AI) software, Overjet (www.overjet.ai) today announced it has raised $42.5 million in Series B financing led by General Catalyst and Insight Partners with participation from existing investors Crosslink Capital and the MIT-affiliated E14 Fund in an oversubscribed round. Following the $27 million Series A round announced, just … Read more
Univfy, a global leader in using artificial intelligence (AI) and machine learning (ML) to personalize counseling and increase access to fertility care, today announced that it raised $6 million of its Series B funding round led by a portfolio company of Atlantic Street Capital. Known by fertility specialists and patients for its flagship Univfy PreIVF Report, Univfy has commercialized a … Read more
Hevo, a SaaS firm based in San Francisco, revealed today that it has raised $30 million (about Rs 228 crore) in a Series B fundraising round headed by Sequoia Capital India, Qualgro, Lachy Groom, Chiratae Ventures, and angel investors. Sequoia’s Surge, Qualgro VC, Lachy Groom, and Chiratae Ventures had previously invested $8 million in the … Read more
Dista, a deeptech business based in Pune and Delaware (US), has raised $1.2 million in funding. Pentathlon Ventures led the seed fundraising round, which included Core 91 and other individual investors. Nishant Kumar (Co-founder & Chief Product Officer), Shishir Gokhale (Co-founder & CEO), and Deepak Garg (Co-founder & CTO) co-founded Dista, which was incubated in … Read more
Pre-owned vehicle ecommerce platform Cars24 has raised $400 million in finance, which includes a $300 million Series G equity round and a $100 million debt round from a variety of financial institutions. Return investor Alpha Wave Global (previously known as Falcon Edge Capital) led the Series G equity financing, which included participation from other existing … Read more
Razorpay, a fintech company founded by Lone Pine Capital, Alkeon Capital, and TCV, has secured $375 million in a Series F round led by Lone Pine Capital, Alkeon Capital, and TCV, and plans to extend its B2B payments business to Malaysia, Vietnam, Indonesia, and the Philippines by next year. Existing investors such as Tiger Global, … Read more
Bizongo, a B2B ecommerce firm for businesses, has raised $110 million in a Series D round led by Tiger Global, valuing the company at $600 million. CDC, IFC EAF, BCap, Chiratae Ventures, Schroder Adveq, IFC, and Add Ventures by SCG were among the investors in this round of fundraising. The firm, which was founded in … Read more
