Slayback Pharma LLC has announced an agreement with The Everstone Group (“Everstone”) to invest up to US$50 million in Series B funding. The new capital will be used to expand and accelerate further Slayback’s already rich and differentiated pipeline of complex generic and specialty pharmaceutical products. In addition to the investment, Everstone Managing Directors Arjun…
Rivigo, a technology company that is building the material movement pipeline, has raised $3.4 million in debt funding from venture debt firm Trifecta Capital, marking the company’s third debt financing. The company was founded by Gazal Kalra & Deepak Garg in 2014. Earlier in December, Rivigo seeks to raise $20 million as part of its…
XpressBees, an end-to-end supply chain solutions, has raised Rs 71.2 crore ($10 million) in fresh funding from existing investor Alibaba. The company was founded by Supam Maheshwari and Amitava Saha in 2015. Earlier, XpressBees had raised $157.6 million in six funding rounds. The company will utilize these funds for growth and expansion of its business.…
SuperSurfaces, a design-solution based company, has raised $500,000 in an angel funding round led by US-based investor Vishnu Reddy. The company was founded by Kumar Varma in 2014. The company will utilize these funds to increase delivery capacity of over 10 lakh square feet by March 2023 and is also planning to expand its product…
FabHotels, a budget hotel brand, is likely to raise nearly Rs 40 crore in a Series B2 round from its existing investors United States-based Goldman Sachs, Accel and Singapore’s RB Investments. The company was founded by Vaibhav Aggarwal and Adarsh Manpuria in 2014. Earlier, it had raised $7.8 mn from Goldman Sachs & Others. The…
Satin Creditcare, an NBFC (non-banking financial corporation), has raised $15 million led by the Development Bank of Austria (OeEB). The company was founded in 1990 by H.P. Singh. Earlier, it had raised $9.4 million from Switzerland-based international impact asset manager, responsAbility Investments AG. The company will utilize these funds in its planned expansion, portfolio growth…
Fashor, an online shopping site for women, has raised $1 million in a Pre-Series A round led by Sprout Venture Partners. IP Ventures, and Venture Catalysts, with participation from a few HNIs. The startup was founded by Vikram and Priyanka Kankaria in 2017. The startup will utilize these funds to expand its online and offline…
Quicko Infosoft Pvt. Ltd, a tax planning, preparation and filing platform, has raised Rs 2 crore in seed funding from Rainmatter Capital. The company was founded by Vishvajit Sonagara in 2015. The company will utilize these funds to build out its income-tax return filings service for the online trading space. They will also integrate with…
WealthBucket, an online investment platform, has raised ₹18 crore in a pre-Series A funding round from North Star Enterprises (SL) Ltd, a Sierra Leone-based firm. It also raised the capital from Vinod Khatumal, an angel investor, and other high-net-worth individual investors as well. The company was founded by Himanshu Jain and Pulkit Jain in 2018.…
FarmERP, a leading Smart Agriculture Management ERP Software Platform, has raised an undisclosed amount in its Series A round from Singapore-based strategic investor Technogen. The company was founded by Sanjay Borkar and Santosh Shinde in 2006. The company will utilize these funds to build artificial intelligence (AI)-based climate resilience intelligence to help customers to mitigate…
LeverageEdu, an AI-enabled marketplace designed to help students with their higher education and career growth plans, has raised over $1.5 million funding led by its existing investors DSG Consumer Partners and Blume Ventures. Saama Capital founder Ash Lilani and PayU CEO Amrish Rau also participated in this funding round. The startup was founded by Akshay…
XpressBees, an end-to-end supply chain solutions, seeks to raise $10 million in its Series D round from its existing investor, Alibaba. The company was founded by Supam Maheshwari and Amitava Saha in 2015. Earlier, XpressBees had raised $157.6 million in six funding rounds. The company will utilize these funds for growth and expansion of its…
Aye Finance, a new-age finance company providing business loans to small and micro enterprises, has raised Rs.107 crore in debt funding from Swiss-based impact investor BlueOrchard. The company was founded by Sanjay Sharma and Vikram Jetley in 2014. The company plans use these funds to extend affordable and customised credit solutions to the base-of-the-pyramid businesses…
Ruangguru, an Indonesia based online education platform, has raised $150 million in Series C round funding led by General Atlantic, and GGV Capital. Existing investors and a number of new investors also participated in the round. The company was founded by Adamas Belva Syah Devara and Iman Usman in 2014. The investment helps solidify Ruangguru’s…
Male grooming brand Bombay Shaving Company announced that they have raised $6.3mn in Series B round of funding led by Sixth Sense Ventures. Existing investors, Colgate-Palmolive also participated in the funding round. Overall, the company has raised $11.2mn in funding to date. The company plans to utilize these funds for brand building, expanding presence in…