Mintifi, a B2B BNPL (buy now, pay later) platform, announced a $40 million Series C investment headed by Norwest Venture Partners and Elevation Capital. Mintifi, which was founded in 2017 by Anup Agarwal, Ankit Mehta, and Sanjoy Shome, works with over 100 prominent companies in India, including Tata Motors, Bridgestone Tyres, Berger Paints, Polycab, NIVEA, … Read more
Darwinbox, Asia’s fastest growing HR tech platform, today announced another milestone witha US $72 million funding round, leapfroggingthe companyto a billion-plus-valuation. Led by Technology Crossover Ventures (TCV) along with participation from existing investors Salesforce Ventures, Sequoia India, Lightspeed India, Endiya Partners, 3One4Capital, JGDEVand SCB10X,the round takes the total investment in the company to over $110 … Read more
Epigeneres Biotech, situated in Mumbai and the only licensee of Singapore-based Tzar Labs in India, has raised USD 6 million in a Series B fundraising round. Epigeneres Biotech unveiled an early detection cancer test (co-developed with Tzar Labs, Singapore – a specialised molecular diagnostic firm) in May 2021, with a groundbreaking breakthrough in RNA bio-markers … Read more
Polygon founder Jayanti Kanani has invested in pseudonymous social network Zorro. “In this new era of web 3.0, pseudonymity is needed globally to enable seamless transactions, socially & commercially. I am glad Team Zorro has focused on this need and is building a world class product. I am happy to back their efforts towards making a customer driven … Read more
PointOne Capital, a pre-seed focused venture capital firm, has announced the final closing of its first 50 crore fund. The final close is less than a year after the first close, which occurred in December 2020. Successful Silicon Valley and India-based entrepreneurs, CXOs and seasoned corporate and startup leaders, as well as mid-sized family offices, … Read more
BEENEXT, Binny Bansal’s 021 Capital, and current investors Whiteboard Capital, FirstCheque.vc, and Paradigm Shift Capital have all invested $1.2 million in Zeda.io, a Product Management platform. Zeda.io was founded in Bengaluru in January 2021 and registered in Delaware, USA, to fill a vacuum that Co-Founders Prashant Mahajan and Vaibhav Devpura recognised after building and scaling … Read more
Logitech G, a gaming technology and gear inventor, has unveiled a new ultra-lightweight wireless headset aimed at the modern gamer. The Logitech G435 Lightspeed wireless gaming headset, according to the official statement, delivers on all fronts – comfort, affordability, sustainability, exciting colour variations, multi-platform support, and more — all for the jaw-dropping price of Rs … Read more
Algorithmic Biologics Pvt Ltd. (ABPL), a deep-tech startup building algorithms for molecular programming, today announced that it has received an undisclosed amount of seed funding from Axilor Lab. Axilor Labs is a venture curation initiative by Axilor to accelerate commercial success of transformative ideas around global challenges facing human health and wellness. They aim to … Read more
The ePlane Company, a Chennai-based electric aircraft startup, has raised $5 million in a Pre-Series A round of funding led by Speciale Invest and Micelio, with the goal of making intra-city transportation more affordable and environmentally beneficial. Professor Satya Chakravarthy and Pranjal Mehta nurtured the ePlane Company, which was created in 2017 and has already … Read more
Avelo Airlines, which became America’s newest mainline airline in nearly 15 years when it took flight last April, today announced it raised $42 million in Series B funding. This second-round offering increases Avelo’s invested capital base to over $160 million. Avelo raised approximately $125 million in January 2020. The Series B shares sold at a … Read more
SaaS Capital, the leading provider of growth debt to software-as-a-service (SaaS) companies, today announced that it has closed its fourth fund with $128 million in limited partner commitments. This fund follows its successful predecessors in pursuing a highly focused strategy, solely serving growth-stage, private, B2B software companies looking for an alternative to dilutive equity capital. … Read more
Pictory Corp., an AI-powered video solution that empowers content creators and marketers to edit and produce videos automatically and at scale, today announced a $2.1 million seed round led by FUSE alongside participation from Voyager Capital. With the addition of 5000+ new clients in just three months, the Seed financing continues a recent trend of … Read more
Exotel, a full-stack customer interaction platform based in Bengaluru, has secured $40 million in a series D round headed by Steadview Capital. In the previous 15 months, Exotel has raised about $100 million in numerous financing and equity transactions. Exotel has created a name for itself in 2021 by being the largest and only “full … Read more
Ripplr, a tech-enabled distribution and logistics ecosystem platform, has announced a pre-Series B round of funding of $ 12 million. The round included equity and debt investments from Sojitz Corporation and Stride Ventures, as well as existing investors 3one4 Capital, Zephyr Peacock India Growth Fund, and Chand Family Office – Yukti, as well as eminent early- stage angel investors Vivek and Abhay (Licious founders), Aniketh & Ashish (Solution Infini (now Kaleyra) founders). Speaking on … Read more
Multichain (previously Anyswap), the world’s leading cross chain protocol, raises a $60 million financing round at $1.2 billion valuation led by Binance Labs, joined by Sequoia China, IDG Capital, Three Arrows Capital, DeFiance Capital, Circle Ventures, Tron Foundation, Hypersphere Ventures, Primitive Ventures, Magic Ventures and HashKey. Besides backing Multichain financially, all the supporters will be … Read more
Masai School, an online coding school based in Bengaluru, has purchased data analytics firm Prepleaf for $1 million in order to expand its data and business analytics training offerings. Prepleaf will continue to operate as an independent organisation under the “PrepLeaf by Masai School” label following the acquisition, according to the announcement. Masai School had … Read more
