Bangalore based tech enabled financial services start-up InPrime has raised $1.45 Mn in seed money from InfoEdge Ventures, Titan Capital, Kettleborough VC and other marquee investors. As a new entrant into the financial sector, InPrime will strategically focus on the emerging financial needs of the prime layer of customers within informal segment. The firm plans … Read more
IVY Growth a new age organisation who associate with start-ups and start-up founder and collaboratively work towards building a startup ecosystem that is sustainable and scalable, celebrates its 1st Year Anniversary with a whooping 65+ Start-up Investments. With an overall syndicate funding of 12Mn$ from their network of angel investors it has set the tone … Read more
Indian start-up Su-vastika Solar has launched ESS Energy Storage systems of variable capacities ranging from 10 KVA to 250 KVA, which can be put in series to increase the capacity size; for example, five units of 100 KVA can produce 500 KVA size ESS. Similarly, four nos. of 250 KVA capacity can build 1MW of … Read more
The cashback and coupon platform CashKaro revealed on Thursday that it had successfully raised 130 crore ($15.7 million) in a Series C investment round led by Affle Global Pte. Ltd. Ratan Tata is backed the platform’s operator, Pouring Pounds India Pvt Ltd. This current funding was led to Pouring Pounds UK, the parent business of … Read more
Remedo, which helps doctors build their digital identity and convert patient engagement into a better reputation online, has secured an undisclosed amount in Fundraise from Hyderabad headquartered SucSEED Indovation Fund and other investors, Whiteboard capital, Titan capital, Suashish family office and angel investors such as Shashvat Nakrani (BharatPe), Krishnan Menon (Lummo) and Varun Sadana (Supertails) as … Read more
Local butcher stores sourcing and tech enabling startup “The Meat Chop” based out of Chennai on Tuesday announced that it has raised INR 7 crores in seed funding from Mohan K Co-Founder IppoPay, Ankur Agarwal Co-Founder Dunzo, Meenakshi Sundaram, Jaikumar R Co-Founder IppoPay, Rahul Mahipal Founder Capitar Ventures, Omar Bin Brek Founder & CEO Foloosi a UAE based FinTech, Amith D’Souza … Read more
Eagle Genomics, the pioneering TechBio platform business applying network science to biology, today announced the USD 20 million first close of its scale-up funding round. The investment will support further development of the data scientist platform and will continue to drive expansion into global markets and the deepening of client impact. The round is being … Read more
Elevation Capital, Jungle Ventures, and Venture Highway participated in a $15 million Series A round of funding for Drivetrain AI, a financial planning and monitoring platform for expanding businesses and organisations. In addition, the investment round included contributions from close to 25 angel investors, consultants, founders, and C-Suite executives from technology businesses. Alok Goel, a … Read more
The Water Well Trust, a national nonprofit helping rural Americans get access to a clean, safe water supply, has received a $1.5 million grant from the U.S. Department of Agriculture’s Decentralized Water Systems (DWS) program for water well and wastewater projects to increase potable water system availability and access to wastewater systems to rural households throughout the U.S. … Read more
Online medical diagnostics platform 5C Network, situated in Bengaluru, India, raised US$4.6 million in Series A funding. In addition to previous investors Unitus Ventures and Axilor Ventures, angel investors Ajay Gupta (Emeritus Partner at McKinsey & Co.), Rohit Razdan, and Shiv Tallam also participated in the round, which was led by Celesta Capital. The company … Read more
Platform for preparing for government exams Adda247 announced on Wednesday that it had secured $35 million in a round headed by WestBridge Capital. Google participated in the round as a new investor. The platform will use the funds raised to hire for certain important leadership positions, develop its student counselling team, and raise the profile … Read more
RadioMedix, Inc. a clinical-stage biotechnology company announced an agreement with an entity related to Portland Investment Counsel Inc. (“Portland”) involving an equity investment of $40 million Series A funding round. RadioMedix is committed to the advancement of a targeted alpha therapy (TAT) pipeline and diagnostic companion radiopharmaceuticals for rare and aggressive cancers. The proceeds of … Read more
Automation Anywhere, Inc. , a global leader in Robotic Process Automation (RPA), announced today that it is has secured $200 million in financing from Silicon Valley Bank, SVB Capital, and Hercules Capital, Inc. The financing is intended to provide operational and strategic capital for the next several years. “We continue to be optimistic about the near-term opportunities for … Read more
Preimage, a cloud-based 3D reconstruction tool, has announced that it has raised USD 1.7 million in a seed round from eminent angel investors including pi Ventures, Better Capital, Java Capital, and others. Preimage’s AI-first technology builds lifelike 3D digital clones of settings and assets using pictures as input. Preimage, a company founded by IIT graduates … Read more
Freshsharp, a Bihar Based start-up that sells fresh meat, seafood and other fresh animal protein online has raised seed fund of $125k through equity from lead investor Ok Acquired (lending partners by a corporate lending financial services company), and angel Investor Syed Akbar Raza Ahmed & Hussain Ahmad. With this new round of seed funding … Read more
Funds will be utilized to improve product automation and scale up revenue globally TurboHire, an AI-powered recruitment automation platform, has announced raising USD 2 Million in a Pre-Series A round co-led by Pentathlon Venture Capital and The Chennai Angels; and participated by the Telangana Fund, Purvansh Holdings, and the Mumbai Angels and Hyderabad Angels, with … Read more
The Founder of Asana, Dustin Moskovitz, a US-based entrepreneur-turned-investor, provided INR 6.15 Crore in equity capital to New Leaf Dynamic Technologies, a provider of cold chain solutions, for its Pre-Series A Round. Co-founded by Akash Agarwal, New Leaf’s refrigeration technology utilizes biomass and farm waste to facilitate the increase of income for micro-enterprises by prolonging the … Read more
Durable Pack Pvt. Ltd, the second-largest room air conditioner (RAC) contract manufacturer in India, is raising $40 million in funding, with Affirma Capital serving as the round’s lead investor. EPACK manufactures RACs and small home appliances (SHAs) for Indian and MNC brands in facilities in Dehradun. The company produces a variety of RACs, including split … Read more
A number of key investors, including Dreamweaver Investments, have raised USD 1 million (about Rs 7.8 crore) for Zerund, a Guwahati-based manufacturer of sustainable bricks. Zerund had also raised Rs 4 crore from investors in 2021, including Villgro Foundation and NEDFi Venture Capital Ltd (NVCL). Zerund has brick manufacturing facilities in Guwahati and Pathsala in … Read more
Startup XR in the metaverse has raised $250,000 in a seed round driven by angel investors, including Tarun Tahiliani, the founder of Netprophets Cyberworks, and Nitin Sethi, senior vice president and chief digital officer of the Adani Group’s consumer business. The money will be used by XR Central to grow into new regions and boost … Read more
