Speciality chemicals’ sourcing and manufacturing platform Scimplifi said it has secured $3.67 million in funding from institutional investors 3one4 Capital and Beenext, according to ETtech report. Angel investors with expertise in the chemical industry and business-to-business commerce also participated in the funding round. The startup said it would use the funds to expand the core…
Facets.cloud, a self-serve infrastructure management platform, has raised $4 million in a seed funding round led by 3one4 Capital. The platform helps improve developer productivity by streamlining and productizing cloud deployment workflows. Facets was co-founded in 2021 by Anshul Sao, Pravanjan Choudhury, and Rohit Raveendran – all three are alumni of IIT-KGP. “Cloud delivery of products is an incidental complexity that…
CoverSelf, a San Francisco-and Bengaluru-based healthtech startup, announced it has raised $4.8 million (around Rs 37 crore) in seed funding from BEENEXT and 3one4 Capital, according to VCCircle report. The platform plans to deploy the fresh proceeds to expand its US footprint, ramping up operations and scaling sales, product and technology teams, a statement said.…
Neobank Open announced it has raised $50 million funding led by IIFL Finance, according to ETtech report. Existing investors Temasek, Tiger Global and 3one4 Capital also participated in the funding round. Post this funding, Open has entered the unicorn club with a valuation of $1 billion. Open, going forward, will use the new capital and…
Zorro, a pseudonymous social network has raised $3.2 million in seed round by Vijay Shekhar Sharma (Founder & CEO, Paytm), Ritesh Agarwal (Founder & CEO, OYO Rooms), Ashish Hemrajani (Founder & CEO, BookMyShow), Kunal Shah (Founder & CEO, CRED), Ankiti Bose (Founder & CEO, Zilingo), Ashneer Grover (Founder & CEO, BharatPe), Lalit Keshre (Founder &…
Financial service platform WeRize has announced that it has secured $8 million in series A funding round led by 3one4 Capital, Kalaari Capital, and others. The round also saw participation from Orios Ventures and Picus Capital. Vishal Chopra & Himanshu Gupta, Co-founders of WeRize, commented, “We are creating a new category in the Indian financial…
3one4 Capital, an early-stage venture capital firm based in Bangalore, announced the elevation of Anurag Ramdasan to Partner and the appointment of Nruthya Madappa as Principal. The company also elevated Richard Pinto, Yash Baid, and Ashwini Thulsaram to Principals in addition to their roles as heads of functions within the firm, according to a statement.…
Dozee, a healthtech startup offering contactless remote patient monitoring (RPM) solutions, has raised Rs 44 crore in a Series A funding round led by existing investor Prime Venture Partners, with participation of YourNest Venture Capital and 3one4 Capital, according to ETTech report. The startup will use the capital to ramp up its R&D and launch…
Microblogging app Koo has raised $4.1 million in Series A funding round. Existing investors Accel, Kalaari Capital, Blume Ventures and Dream Incubator, participated in the round with new investor 3one4 Capital. The startup will utilise the fresh funding for marketing, expanding technical capabilities, and hiring. The company employs 45 people and plans to add 15…
Betterplace, a Bengaluru-based tech platform delivering digital solutions for blue-collar workforce management throughout the value chain, announced that it has raised $10 million in a Series B funding round led by Jungle Ventures. Existing investors that participated in the funding round are Unitus Ventures, 3One4 Capital, and Venture Highway. Post this funding, the company is…
Habbit Health and Nutrition, the Delhi-based global nutrition-tech startup, announced that it raised pre-seed funding from 3one4 Capital and Utsav Somani of AngelList India, according to YourStory report. Financial details of the funding round remain undisclosed. Other investors include RB Investments, early-stage investors Better Capital and First Cheque, and multiple other angel investors from around…
Mitron, the Indian short-form video app, announced that it has raised $5 million in funding led by Nexus Venture Partners. Existing investors 3one4 Capital and Arun Tadanki’s private syndicate on LetsVenture also participated in the funding round. Several notable angles and entrepreneurs like Deep Kalra, Founder and Chairman MakeMyTrip; Anand Chandrasekharan, Former Facebook executive; Karan…
Yulu, a shared micro-mobility service provider using electric two-wheelers to reduce traffic congestion and air pollution in urban India, announced that it has raised Rs 30 crore in a fresh funding round, according to a VCCircle report. The current financing round has been led by Rocketship.vc, a US-based venture firm. Existing investors also participated in…
Jupiter, the digital banking startup founded by former PayU India managing director Jitendra Gupta, announced it has raised an additional $2 million (Rs 15.2 crore) in a top-up funding round led by British venture capital firm Hummingbird Ventures and US-based Bedrock Capital. Recently, the company raised $24 million in a seed round from a number…
Mumbai-based startup Amica Financial Technologies, an upcoming digital retail bank, has received $24 million in its maiden funding round. The funding is backed by a long list of institutional investors including Greyhound Capital, 3One4 Capital, Germany’s Rocket Internet, venture capital funds Matrix Partners and Sequoia Capital. The company was founded by Citrus Pay cofounder Jitendra…