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
According to papers with the Registrar of Companies, Mumbai-based fintech Jupiter has raised $86.6 million in a Series C round of funding headed by New York-based hedge fund Tiger Global, Sequoia Capital, and Virgina-based QED Investors (RoC). Jupiter is a customer-facing neobank founded in 2019 by serial entrepreneur and CitrusPay creator Jitendra Gupta. It offers … Read more
Annapurna Finance, a microlender, revealed on Tuesday that it has raised USD 30 million in a new investment round headed by Nuveen Global Impact Strategy, an impact investor. According to an official release, the financing would enable it extend its credit portfolio to include women borrowers under the joint liability group and self-help group models. … Read more
MetaMap (formerly Mati), a startup that creates a merit-based trust and reputation infrastructure layer to help businesses transition to a borderless economy, announced today that it has raised 530 crores in Series B funding led by Tribe Capital, with participation from Craft Ventures, Alameda Research (FTX), Titan Capital, and prominent angel investors including Jerry Murdock, … Read more
News Reportz analysis on Solana price and prediction for 2022. The year 2021 was for Solana ($SOL) as investors who held the coin on January 1st when the price was just $0.43 would’ve seen 45,000% gains at today’s $195. Much of this incredible growth, which saw Solana move from obscurity to a top 10 crypto, … 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
Mensa has acquired High Star, a digital-first, home-grown denim brand from India that caters to fashion-forward and digital-first consumers, adding another promising name to its storied and fast growing ‘House of Brands.’ High Star, which was founded in 2012, has grown into a prominent denim brand in the digital world, with a diverse assortment of … 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
Perfora, a digital-first and design-led oral care brand, has raised a $260,000 Pre-Seed round led by Sauce.vc, a venture capital fund that backs early-stage consumer brands. Huddle, India’s leading accelerator and early-stage fund for disruptive start-ups founded by Sanil Sachar and Ishaan Khosla also took part in the round. Other investors who backed the company in this … 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
