TranZact, a SME-focused SaaS firm, has raised $7 million in Series A funding from Tribe Capital, with Prime Venture Partners, Gemba Capital, and Kae Capital also participating. Other angel investors who participated in this round included Suhail Sameer of BharatPe, Sriram Krishnan of Ex-Spotify/Tinder, Zetwerk co-founders, OfBusiness co-founders, Devendra Rane of Paytm, Giridhar Malpani of … Read more
Bengaluru-based BharatX, a fintech firm that enables consumer placing platforms to offer credit-as-a-feature, has secured $250,000 (about Rs 1.81 crore) in a pre-Seed investment round spearheaded by prominent angel investors and other industry experts to help the Indian market embrace Embedded Credit. Mehul Nath Jindal, Eeshan Sharma, Shyam Murugan, and Siddharth Venu, who are also … Read more
Actress and social media sensation, Arishfa Khan has turned entrepreneur. Seen in TV shows such as Chhal – Sheh Aur Maat, Ek Veer Ki Ardaas… Veera, Jeannie Aur Juju, Uttaran, Meri Durga and several music videos, Arishfa Khan has been ruling social media since long. The 18-year-old is an inspiration to many girls out there … Read more
Zorro, a fictitious social networking platform, has secured $3.2 million in a seed round headed by 16 unicorn and soonicorn creators. Vijay Shekhar Sharma, Paytm’s founder and CEO; Ritesh Agarwal, OYO Rooms’ founder and CEO; Ankiti Bose, Zilingo’s founder and CEO; Kunal Shah, Founder and CEO, CRED; Ashish Hemrajani, Founder and CEO, BookMyShow; Ashneer Grover, … Read more
Ultraviolette Automotive Pvt Ltd, a Bengaluru-based electric two-wheeler startup, has allegedly secured $14.85 million (Rs 112.5 crore) in a Series C financing from TVS Motor and Zoho Corporation. Ultraviolette is a company that designs, develops, and manufactures electric two-wheelers and accessories. It was founded in 2015. In October of last year, the business raised Rs … Read more
Shiprocket, a logistics start-up, has signed definitive agreements to raise USD 185 million (INR 1,380 crore) in a Series E fundraising round led by Zomato Ltd, Temasek, and Lightrock India. On this transaction, Avendus Capital served as Shiprocket’s only financial advisor. The newly raised funds will aid the company in furthering its aim to democratise … Read more
Samosa Party, a snack-focused cloud kitchen platform supported by angel investment platform Inflection Point Ventures, has received $2 million (Rs 15 crore) in its pre-Series A funding round. Samosa Party, founded by Amit Nanwani and Diksha Pande in 2017, delivers a variety of samosas and tea to customers’ doorsteps. The company now has 15 locations … Read more
CloudSEK, a digital risk management and cybersecurity platform provider based on artificial intelligence (AI), raised $7 million (Rs 50 crores) in a Series A financing headed by MassMutual Ventures on Wednesday. The current round brings the platform’s total funding to $10 million. CloudSEK, founded in 2015 by Rahul Sasi, uses artificial intelligence to forecast cyber-attacks … Read more
Exponent Energy, a technology firm focused on making energy for electric cars (EVs) easier to understand, revealed on Wednesday that it had raised $5 million in a pre-Series A round of funding. YourNest VC, an existing investor, led the round. The funds raised will be used to start commercial operations and scale them across multiple … Read more
AgentSync, the company building technology to power growth across the insurance industry, today announced a $75 million Series B at a $1.2 billion valuation, making AgentSync the only unicorn building infrastructure specifically designed to make the $1.3T US insurance industry run more efficiently. Led by Valor Equity Partners with participation from Craft Ventures, Tiger Global, … Read more
Housing technology startup Jupe announced $9.5 million in seed funding led by Initialized Capital with participation from Y Combinator. The money will be used to hire a CTO and a wider team of software and hard tech engineers and to execute its mission to make off-grid mobile living more affordable, faster, and efficient. Since launching … Read more
Moengage, a Bengaluru-based insights-led consumer engagement platform, announced on Tuesday that it had raised $30 million in Series D funding, more than doubling its previous Series C1 investment of $32.5 million in July. Steadview Capital led the investment, with existing investors Multiples Alternate Asset Management, Eight Roads Ventures, F-Prime Capital, and Matrix Partners also participating. … Read more
Hometap, which provides a smart, new loan alternative for tapping into home equity without taking on debt, today announced it has raised $60 million of new operating capital in a funding round led by American Family Ventures along with new and existing investors including Bain Capital, ICONIQ Capital, LLC, G20 Ventures, Pillar, and General Catalyst. … Read more
OpsLyft, a San Francisco and Noida-based DevOps startup, has raised $500k in seed funding from unicorn founders, Anand Chandrasekaran, and marquee angels from Freshworks, Oyo, Innovaccer, other angel investors based in India and the US. The list of angel investors includes Anand Chandrasekaran, former Executive VP, Five9 and former CPO @ Snapdeal, Shailendra Singh, board … Read more
Bizongo, an e-commerce packaging startup, has raised $110 million (Rs 825 crore) in a Series D round headed by Tiger Global. Existing investors such as B Capital, the International Finance Corporation (IFC), and the Center for Disease Control and Prevention (CDC) have also contributed to the new investment. Tiger Global led the Series D round … Read more
Sense, a San Francisco-based HR IT business, has raised $50 million in a Series D fundraising round headed by Softbank Vision Fund II, valuing the company at over $500 million, according to reports. Sense had previously raised $16 million in a Series C investment headed by Accel, Avataar Venture Partners, and GV in June 2021. … Read more
