Entrepreneur News Network

SaaS FinTech Zaggle Raises ₹25 Cr In funding

SaaS FinTech  Zaggle headquartered in Hyderabad, continues to make strides in the financial realm as it secures a substantial Rs 25 crore investment from ValueQuest Scale Fund in a pre-IPO round. This recent infusion of funds is a noteworthy addition to the Rs 73 crore garnered by the company through a pre-IPO placement just last … Read more

Debt Collection SaaS Platform Credgenics Raises $50 Mn in Funding

Credgenics, a prominent player in the realm of SaaS-based debt collections platforms, is embarking on a substantial growth journey as it secures a substantial $50 million in a series B funding round. This pivotal funding effort is being led by its existing investors, Westbridge Capital and Accel, showcasing their continued confidence in the company’s potential. … Read more

Go Zero Secures $1 Million in Pre-Series A Funding to Expand its Guilt-Free Ice Cream Brand

Go Zero, an innovative ice cream brand dedicated to offering guilt-free delights, has successfully raised USD 1 Million in its pre-Series A funding round. The round was led by DSG Consumer Partners, Saama, and V3 Ventures, along with notable participation from angel investors such as Shantanu Deshpande, CEO of the Bombay Shaving Company; Arjun Purkayastha, … Read more

Space-Saving Furniture Brand Wallter Systems Secures Seed Funding Led by Inflection Point Ventures

In response to the increasing challenges posed by urbanization and population growth, innovative space-saving furniture brand ‘Wallter Systems’ has successfully secured an undisclosed amount in a seed funding round, with the prominent backing of Inflection Point Ventures. The fresh infusion of funds is earmarked for bolstering Wallter Systems’ brand presence and expanding its operations. Wallter … Read more

Terra Food Co. Raises $800K in Pre-Series A Funding

Terra Food Co. (TFC), a trailblazing gourmet cloud kitchen company, has achieved a remarkable milestone by raising $800,000 in its Pre-Series A funding round. This funding was secured from an esteemed group of investors, including Zero to One Fund, Twin & Bull Fund, ah! Ventures, and various international angel investors. Notably, existing investors like Lets … Read more

LeRemitt™ Raises $1.25 Mn in Seed Funding

LeRemitt™, an innovative cross-border platform streamlining financial transactions, has successfully secured $1.25 million in seed funding, led by Axilor Ventures, with co-investment from Capital A. The funding round also saw participation from notable angel investors, including Ram Govindarajan (Founder of Wizfreight) and Sumit Agarwal (Founder of Vyapar). LeRemittTM is dedicated to empowering businesses, especially MSMEs … Read more

TankhaPay secures $2.7 million funding from Japanese investors

TankhaPay, India’s pioneering social security app developed by Akal Information Systems Ltd., secures a substantial $2.7 million funding from prominent Japanese investors. This app addresses the crucial need for social security among informal, gig, and temporary workers by facilitating their inclusion in government schemes such as PF and ESI. TankhaPay formalizes payroll processes, ensuring the … Read more

Inclusive Finance Startup Navadhan Raises $1.5 Mn In funding

Navadhan Capital, a Mumbai-based fintech startup, has successfully raised $1.5 million in a seed funding round. The funding was led by Varanium NexGen, a fintech-focused fund, and included participation from existing investor Anicut Capital. Gemba Capital also contributed to the funding, as stated in a press release via BusinessWire. Navadhan Capital adopts a digital-first approach … Read more

Anthill Ventures Leads ₹3.5 Crore Funding Round For Safearth, A Tech Platform Driving Renewable Energy Adoption

SafEarth, India’s leading renewable energy technology platform, secures ₹3.5 crore in recent funding round. Anthill Ventures, Third Derivative, and Mumbai Angels lead the investment. The funds will support SafEarth’s product development efforts and expansion into new industrial areas nationwide. With a focus on helping industries transition from thermal power to solar energy, SafEarth has completed … Read more

SolarTech and Financing Platform Aerem Raises $5 Mn Funding

Aerem, India’s leading SolarTech platform, today announced the funding of $5 million (~ INR 41 crores) in Pre-Series A round led ​​by climate-tech investor Avaana Capital. The round also saw follow-on participation from Blume Ventures and it includes debt financing of $1.5 million from prominent financial institutions. Mumbai-headquartered Aerem will utilize these funds to expand … Read more

Beej Network to invest 24 crores in 24 Early stage startups in 2023

Beej network, an angel Investing firm, announced its plan to invest 24 cr (over $3 Mn) in 24 early-stage startups by the end of this year 2023. The Network provides financial aid to qualified startups through integrated resources. This in turn fills the gap in the financial early-stage funding ecosystem. The co-founders Nikhil Jain, Nikhil … Read more

Data Analytics Startup Blockfenders Raises $1.5 Mn in Pre-seed Funding

Blockfenders, a data analytics startup, today announced a $1.5 million pre-seed investment round from a variety of institutional and entrepreneurial investors to address this deadlock and help businesses achieve their objectives. Headquartered in Palo Alto, Blockfenders was co-founded in 2022 by friends of 20 years Viraj Phanse and Niranjan Ingale with the aim of making … Read more

Vahak acquires Instalogist, a truck booking app

Instalogist, a truck booking app and cargo marketplace platform for long-haul transportation, has been acquired by Bengaluru-based Vahak, a transport community business, for an undisclosed sum. According to Vahak, the acquisition will allow them to grow faster and expand their network, thus enhancing their ability to support the Indian road transportation industry. Through its Truck-&-Load … Read more

pieFi Raises $4.6 Million, Launches Upside.coop

pieFi, Inc. is pleased to announce the launch of Upside.coop, a revolutionary platform that gives companies the tools they need to achieve a new level of authentic connection with their customers and fans — by sharing real ownership. Brands need a better way to maintain retention and growth, especially during economic uncertainty. Brands can use … Read more

Athulya Senior Care Raises INR 77 Crore from Morgan Stanley India Infrastructure

Athulya, a leading provider of senior care services in India, has raised INR 77 Crore (US$ 9.3MM) funding from North Haven India Infrastructure Partners, a fund managed by Morgan Stanley India Infrastructure, for its forthcoming expansion. Founded in 2016, Athulya offers assisted living, transition care and home healthcare to address the needs of dependent seniors … Read more

KreditBee Closes 2nd Round of $200 Mn Series D Funding

KreditBee, one of India’s top fintech platforms, raised an additional USD 100 million in primary investment from Advent International (“Advent”), one of the world’s largest and most experienced private equity investors, as part of an extension of its Series D transaction. Mitsubishi UFJ Financial Group (MUFG), Japan’s largest bank, and current investors Premji Invest, Motilal … Read more

India’s 1st Web3 App Store, Dapps, Raises Pre-Seed Funding

Dapps, India’s first app store exclusively for web3 apps, announced that it has raised pre-seed funding from industry stalwarts like Shardeum founder Nischal Shetty, Anshul Dhir – Founder, EasyFi, Ajeet Khurana – Marquee angel investor, Keyur Shah – ex-CFO, Polygon, Prasoon Aggrawal – Founder, Born to Die, Saurabh – Prominent influencer – CryptoDaku, Bharat Verma … Read more

Samaaro Raises Seed Funding to Empower B2B Event Marketers

Bengaluru-based Samaaro, a B2B event-marketing SaaS platform has raised seed funding round, led by SucSEEDIndovation Fund with participation from Silver Needle Ventures Fund, The Chennai Angels, Lead Angels, Ankit Mehrotra (Founder, Dineout), Khalid Qazi (VP, Swiggy) and other eminent angel investors. The round also saw follow-on participation from the existing angels of their last round … Read more

D2C Startup Beco Raises $3 mn in Series A Funding

Eco-Friendly Home & Personal Care D2C Startup Beco has announced that it has raised USD 3 million in series A led by Rukam Capital. The 100% natural and sustainable home and personal care brand that offers affordable and accessible products to consumers, also received funding from Climate Angels – a SEBI CAT I investment fund … Read more