Kaar Technologies, a Business-to-business (B2B) software consultancy firm, raised around $30 million in its recent funding round led by A91 Partners, according to moneycontrol report. Gautam Mago and Kaushik Anand, partners at A91 Partners, will join the Board of KaarTech, the company said on July 3. “This association with A91 will bolster our ability to…
Tag: A91 Partners
Blue Tokai raises $30 mn funding led by A91 Partners
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•Specialty coffee startup, Blue Tokai Coffee Roasters, has raised a $30 million funding in a Series B round led by A91 Partners and also saw participation from existing investors such as Grand Anicut Fund and 8i Ventures. The company will use the funds to scale the business and expand its global presence in specialty coffee…
Fintech startup FinBox raises $15 mn funding led by A91 Partners
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•Fintech startup FinBox has raised $15 million in a funding round led by A91 Partners. Aditya Birla Ventures and Flipkart along with existing investors Arali Ventures also participated in the funding round. The company will use the fresh infusion to expand its offering in Southeast Asian markets and double its staff from 85 currently, it…
Damensch raises $16.4 mn funding round led by A91 Partners
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•D2C men lifestyle brand Damensch has raised $16.4 million in a Series B funding round led by A91 Partners. Existing investors Saama Capital, Matrix Partners, Whiteboard Capital and Alteria Capital also participated in the current funding round. The company makes loungewear and innerwear for men. It will use the funds to invest in technology enhancements,…
Shipsy raises $25 mn in Series B funding round
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•Shipsy, a SaaS-based smart logistics management platform provider, has raised USD 25 million in a Series B round co-led by A91 Partners and Z3 Partners along with existing investors Info Edge and Sequoia Capital India’s Surge. The funding will enable Shipsy to continue growing its stronghold in the Middle East, India and Southeast Asian markets…
Soothe Healthcare secures ₹130 crore Series C funding from A91 Partners
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•Soothe Healthcare, a personal hygiene products company, announced it has raised Series-C round of funding of ₹130 crore from A91 Partners. Soothe will direct the new capital raised towards marketing activities and deepening distribution channels to achieve its goal of establishing Paree as a household brand in India, the startup said in its release. By leveraging…
Public App raises $41 million funding led by A91 Partners
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•Public App, a location-based social network, has raised Rs 300 crore (about $41.3 million), led by A91 Partners, according to ET report. Existing investors – former Tiger Global top executive Lee Fixel’s Addition, SIG Global and Tanglin Venture Partners also took part in the funding round. Founded by online news aggregator platform InShorts in April…
Bengaluru-based startup Happilo raises Rs100 cr from A91 Partners
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•Happilo, a Bengaluru-based snacking brand, has raised Rs 100 crore from A91 Partners in its first external funding round. “The capital raised will be used for capital expenditure, for automation and to expand marketing and distribution capabilities,” said Vikas Nahar, founder director at Happlio. “We are well capitalised for another 12-18 months, post which we…
Ahmedabad-based La Renon reaches $500 mn valuation with latest funding
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•La Renon Healthcare, an Ahmedabad-based pharma company, announced it has raised $30 million from A91 Partners, valuing the company at $500 million, according to ET report. “A91 has picked up around 5-6% stake in the company, while Sequoia will continue to hold around 12.5% stake,” Pankaj Singh, founder and chief executive of La Renon. Singh…
Exotel seals Rs 40 crore in funding from A91 Partners
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•Exotel, a cloud telephony platform, in a mixture of main and secondary share gross sales, has secured Rs 40 crore from A91 Partners. The fresh funding would help the platform to witness growth in digital adoption created due to the COVID-19 health-crisis. Earlier, Bengaluru-based Exotel has also bagged Rs 2.5 crore in seed funding led by Mumbai…
Indore-based spice maker Pushp raises Rs125 cr from A91 Partners
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•Pushp, an Indore-based spices and condiments brand, announced that it has raised Rs 125 crore from A91 Partners, the private equity fund. Earlier, the company had raised its first institutional financing from Sequoia India worth $350 million. Pushp plans to use the fund infusion to expand its distribution network, bulk up its existing sales team,…
Digit Insurance to raise $84mn in external equity funding
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•Insur-tech startup Digit Insurance recently announced that it will raise $84mn in external funding. The investment will be made by growth equity investors A91 Partners, Faering Capital and TVS Capital. Digit has sought approval from the Insurance Regulatory and Development Authority of India to raise the sum. This is the first time the Bangalore-based startup…