Just Herbs, a luxury ayurvedic beauty brand, has raised $1.5 million in pre-series-A funding led by Roots Ventures. Other investors are high net-worth individuals (HNIs), and corporate executives. The company was founded by Arush Chopra in 2013. The company will use the funds to expand their product range, boosting distribution, and for new customer acquisition. …
Category: Investment
Mosaic Wellness raises $10 mn funding led by SAIF, Sequoia, Matrix Partners
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•Mosaic Wellness is a consumer brand that has raised $10 million as part of its maiden round of funding led by SAIF Partners, Sequoia Capital, as well as Matrix Partners India. Other investors include a host of angels, including Kunal Shah (Founder of Cred), Jitendra Gupta (Co-founder of CitrusPay), Jaydeep Barman (Co-founder of Rebel Foods),…
Ripple makes investment in MoneyGram equity
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•MoneyGram, a global provider of innovative money transfer services, has announced that Ripple, a provider of leading enterprise blockchain solutions for global payments, has made the final $20 million investment in MoneyGram equity pursuant to Ripple’s original $50 million equity investment commitment made earlier this year. This funding will support MoneyGram’s operations as the company…
Paytm raises $1B funding from SoftBank, Ant and Others
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•Customer marketing solutions firm Punchh raises $40 mn led by Adams Street Partners
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•Punchh, the leader in customer marketing solutions for physical retailers, has raised $40 million in a Series C funding round led by Adams Street Partners and Sapphire Ventures, with AllianceBernstein also participating in the round. The company was founded by Shyam Rao in 2010. The new funding will be used to further augment Punchh’s AI…
Automation Anywhere raises $290 mn in Series B funding
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•Automation Anywhere, a provider of robotic process automation, has raised $290 million in its Series-B funding, led by Salesforce Ventures. Softbank Investment Advisers and Goldman Sachs were also part of Series-B round of funding. Company’s valuation now stands at $6.8 billion. The company was founded in 2003 by Mihir Shukla, Rushabh Parmani, Ankur Kothari and…
Do Your Thng (DYT) raises $150K from angel investors
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•DYT(Do Your Thng), an online shared economy platform that connects brands with millions of social media users, has raised $ 150K from angel investors Puneet Chandra (Founder and Joint Managing Director at Skootr Global Private Limited), Sorabh Agarwal (Former MD of Copal Partners), Amit Dharod and Girish Minocha among others. The company was founded by…
CasaOne raises $16 Mn in series B financing round
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•Quikkloan raises seed funding from Angel investors
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•Quikkloan, a credit scoring analytics based online loan marketplace, has raised an undisclosed amount as seed funding led by a series of angel investors including Arun Diaz, advisor of Aavishkaar; Aasif Ahsan Khan, MD and CEO Of Fab Technologies; and Sanjay Budhwar. The company was founded by Jamil Akhtar in 2016. The startup will utilise…
Wingreens Farms raises Rs 125 Cr in Series B
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•Wingreens, a fully integrated (farm to retail) food company, has raised Rs 125 Cr in Series B funding round led by Zurich-based private equity fund responsAbility Investments AG. Other existing investor Sequoia India also participated in this round. The company was founded by Anju Srivastava in 2011. Previously, the company has raised seed and Series…
TravelTriangle Bags $8.6 Mn In Series D
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•TravelTriangle, India’s leading online holiday marketplace, has raised $8.6 Mn in Series D led by South Korea-based KB Global Platform fund and Nandan Nilekani-led The Fundamentum Partnership Fund I. Others investors include SAIF Partners, Bessemer Venture Partners, RB investments also participate in this round. The company was founded by Sankalp Agarwal, Prabhat Gupta and Sanchit…
Multibhashi raises a Minority Investment from a Public Listed Japanese Firm & RareJob
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•Multibhashi, an Android app to learn languages most effectively and effortlessly, has raised its latest round of investment received from a set of investors led by RareJob Inc., one of the leading online English learning players listed in Japan. The company was founded by Anuradha Agarwal in 2017 Today Multibhashi has more than 1.5 million…
Healthians raises Rs 85 cr in Series B
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•Healthians, India’s largest health test @home service provider, has raised Rs 85 crore in Series B led by DG Incubation and DG Daiwa Ventures of Japan with participation from Kotak Private Equity and Trifecta from India, and Mistletoe and Tokio Marine from Singapore. The company was founded by Deepak Sahni in 2013. In August 2016,…
MedikaBazaar Bags $15 Mn funding
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•MedikaBazaar, a B2B online platform for medical supplies and equipment, has raised $15 Mn in a funding round led by HealthQuad, Ackermans & van Haaren, Rebright Partners and Toppan Printing company. The company was founded by Vivek Tiwari and Ketan Malkan in 2015. In 2017, the startup has raised $1 Mn in Pre-Series A from…
VOGO, bike rental startup, raises Rs 28 Cr from existing investors
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•Vogo, India’s first automated scooter rental startup, has raised Rs 28.3 crore in the ongoing Series C funding round from existing investors Matrix Partners, Stellaris Venture Partners, and Kalaari Capital. The company was founded by Anand Ayyadurai in 2016. Earlier in June 2019, VOGO also secured an undisclosed amount from former Myntra CEO Ananth Narayanan,…