Dubverse.ai, an AI-powered SaaS video content dubbing and creation platform has raised USD 800K in seed funding led by global funds including Kalaari Capital. Founded in 2021 by Varshul CW and Anuja Dhawan, Dubverse is the first-ever platform which supports end-to-end dubbing and produces ready-to-publish videos in real-time. The self-service platform allows full control to … Read more
India’s leading incubation & investment platform, AIC (Atal Incubation Centre)-Pinnacle Entrepreneurship Forum, supported by Atal Innovation Mission, NITI Aayog, Ministry of MSME, and Ministry of Electronics and IT Govt of India, has announced its plans to incubate 30 new startups with estimated facilitation of funds up to 10 million in the current financial year. The … Read more
Short video app Sharechat’s parent company has raised nearly $300 million in funding from Google, Times Group, and Temasek Holdings. After backing Bengaluru-based unicorn VerSe Innovation’s Josh, Google has made its second investment in the short video industry in India. In 2015, IIT Kanpur alumni Ankush Sachdeva, Farid Ahsan, and Bhanu Singh formed Mohalla Tech, which owns … Read more
Dedoco secures US$3 million funding from True Global Ventures 4 Plus (TGV4 Plus) Fund to fuel its global expansion. TGV is an early investor of prominent projects such as blockchain unicorns Animoca Brands and Sandbox, as well as the recently listed marketplace trading platform, Forge Global in the US. Dedoco is a next-generation digital DMaaS (Document Management as-a-Service) that … Read more
OMTV, the only OTT network to showcase content pertaining to Indian Sanatan culture, today announced that it has secured funding of Rs 4 million. The company shared that it will be using this funding to cover its current operational cost and ramp up the production of original content. Raj Kumar Jalan and Subhash Jalan led … Read more
WSO2, a digital transformation solutions provider based in California, announced on Wednesday that it has closed its Series E growth-stage investment round, which included Redstart Labs as an investor. Redstart Labs contributed $3 million in the Series E round, which closed at $93 million with $90 million from lead investor Goldman Sachs Asset Management Private … Read more
TWU, a worldwide finance startup specialising in electric vehicle financing, has raised $10 million in a Series A round led by Delta Corp Holdings. Delta Corp Holdings is leading the newest funding round, which includes participation from existing investor Techstars. Investors from the Middle East, Europe, and Grip Invest also took part in the round. … Read more
Country Delight, a direct-to-consumer (D2C) milk and grocery delivery service, raised $108 million in a Series D fundraising round led by Nicholas Cator’s Venturi Partners and Temasek on Wednesday. SWC Global and Trifecta Capital joined the round, as well as returning investors IIFL Asset Management, Elevation Capital, Orios Venture Partners, and Matrix Partners. Country Delight’s … Read more
BEENEXT, Chiratae Ventures, and White Venture Capital were among the investors who contributed $6.1 million to ShopSe, a financial platform that offers quick EMI. The current funding comes after a $5.5 million seed round in April 2021. Pallav Jain, Abhishek Nimonkar, and Yagnesh Desai, all former PayU employees, started ShopSe in 2020. By working with … Read more
NextBillion.ai, a Singapore-based spatial data and mapping platform for businesses, announced on Monday that it has secured $21 million in a series B round headed by Mirae Asset Venture Investments. The round included existing investors Lightspeed, M12 (Microsoft’s Venture Fund), and Alphawave, bringing the total money raised since 2020 to $34 million, according to NextBillion.ai. … Read more
RAS Premium Oils, the first farm-to-face luxury skincare and personal care business, has received $2 million in pre-Series A funding from Sixth Sense Ventures, a domestic consumer-centric venture fund. RAS, which was founded in 2017 by Shubhika Jain, Suramya Jain, and Sangeeta Jain, has quickly grown into a niche premium D2C business. The company has … Read more
BluSmart, an electric ride-hailing network, has raised $25 million in a follow-up to its Series A fundraising round, which concluded in September 2021. The fundraising round included $15 million in equity and $10 million in venture loan. The equity fundraising round, led by BP Ventures and Green Frontier Capital, included previous investors, while the venture … Read more
SucSEED Indovation Fund, based in Hyderabad, has invested in Ving Hybrid Technologies India Pvt Ltd. Ving Hybrid Technologies is based in Singapore and India and was founded by two ex-Cisco executives. Ving Hybrid wants to democratise Video Conference Rooms by providing a “One Stop VC Room Solution” with the goal of “simplifying cooperation.” Ving offers … Read more
SwipeRx (formerly mClinica Pharmacy Solutions), Southeast Asia’s (SEA) leading platform for pharmacies, announced it has secured a Series B round of US$27 million in equity and debt to accelerate growth across SEA. The round was led by Indonesia’s MDI Ventures, with participation from global investors, Bill & Melinda Gates Foundation, Johnson & Johnson Impact Ventures, SIG and existing investors. Singapore-based mClinica … Read more
According to employees interviewed by Moneycontrol, healthtech business MFine, owned by Novocura Tech Health Services, has cut off around 500 employees due to a financial shortage at the Beenext and Stellaris-backed startup. The Bengaluru-based business employs around 1,000 people and has laid off workers in the data science, engineering, and product areas. A few individuals … Read more
Major League Cricket in the United States has revealed that they have raised 120 million dollars in a series A and A1 fundraising round that includes Silicon Valley heavyweights like Satya Nadella. According to MLC, the six-team franchise T20 league sanctioned by USA Cricket, 44 million dollars has been secured following the completion of these … Read more
Imagindairy, Ltd, a foodtech business that develops animal-free milk proteins, has raised an extra $15 million in its extended seed round. The first round, which took place in November 2021, raised US$13 million. This raises the total investment capital to US$28 million, making it one of the most profitable seed rounds in the alternative protein … Read more
Bravado, the professional network for B2B sales, today announced it has raised $26 million in Series B funding led by Tiger Global. The round included community participation from 250 Chief Revenue Officers and VPs of Sales, along with prominent angels like Zynga founder Mark Pincus, Lenny Rachitsky and the Airbnb alumni syndicate, Packy McCormick, and Sahil Bloom. Existing investors Redpoint Ventures, XYZ Ventures, Freestyle … Read more
EdTech startup Pressto is proud to announce its Pre-Seed Capital raise of $1.5 million led by Tidal Venture Partners and with participation by Copper Wire Ventures as well as angels including Isa Watson (Lightspeed Ventures Scout Fund), Wray Thorn (Clear Heights Capital), Dan Carroll (Clever), Ann Berry (Threadneedle Ventures), Jacob Zachs (former Newsela), Chris Yeh (Blitzscaling Ventures) and Alex Rappaport (Flocabulary). Pressto’s proprietary technology makes learning to write fun for kids and easy for teachers. … Read more
Coins.ph, the Philippines’ leading fiat, and crypto wallet services provider and Joffre Capital portfolio company, today announced the successful completion of a $30 million Series C financing led by Ribbit Capital, and joined by other strategic investors. The new capital will be used to further expand its Web3 ecosystem and presence throughout Southeast Asia. Coins.ph … Read more
