B2B startup Fashinza has announced that it has secured $20 million in the series A round led by Accel Partners and Elevation Capital. The round also saw participation from Abu Dhabi-based DisruptAD, Alteria Capital, Stride Ventures, and Tradecred. MD at Shahi Exports & Founder, Bhaane – Anand S Ahuja along with Sonam Kapoor Ahuja also…
B2B manufacturing marketplace Fashinza said it has raised $20 million in funding from investors, including Accel Partners, Elevation Capital and actress Sonam Kapoor Ahuja, according to PTI report. The series A round, a mix of equity and debt, also saw participation from Abu Dhabi’s DisruptAD, Stride Ventures, Alteria Capital, Tradecred and Anand S Ahuja (MD,…
B2B seafood marketplace Captain Fresh has announced that it has secured $12 million in Accel Partners led Series A funding round. The round also saw participation from existing investor Matrix Partners India along with Incubate Fund and Ankur Capital. Angel investors including Asish Mohapatra and Ruchi Kalra, Jitendra Gupta, Souvik Sengupta, Revant Bhate, Rajesh Yabaji,…
Construction management app, based in Bengaluru, Powerplay has received $5.2 million from Sequoia Capital India’s Surge and Accel Partners. “Powerplay comes at a time when the construction industry in India is ripe for digital disruption. By empowering construction workers and contractors with technology, we are driving the growth of crucial infrastructure required for economic and…
CareStack, a cloud-based all-in-one technology platform, has raised $22.5 million in funding from Accel Partners, F-Prime Capital, SteadView Capital, Eight Roads and California-based Delta Dental. The startup aims to utilize the fresh funds raised to augment its operations and increase its employee count. Prior to this, CareStack has raised $28 million from the same group…
Fashinza has raised $2.6M in seed round led by Accel Partners and Elevation Capital. The tech enabled platform aims to solve clothing supply problems by connecting fashion brands to manufacturers. Pawan Gupta, CEO & co-founder, Fashinza, stated, “The global apparel supply chain needs technology driven intervention for it to become efficient and fair. It needs…
Mihup Communications, a Kolkata-based conversational AI platform, has raised $1.5 million in an ongoing Series A round. The round was led by Accel Partners, Ideaspring Capital, venture capitalists Rajesh Jain (Founder of Netcore), and Jayant Kadambi (Founder and CEO YuMe Networks). Earlier in 2019, Mihup raised $1.7 million in the similar round. The firm will…
Onsitego, an after-sales services startup for personal devices, gadgets, small and large home appliances, announced that it has raised $10 million in an extension to its Series B funding round from IFC. Avendus Capital acted as the financial advisor for this transaction. Earlier in February, the startup had raised funds from Zodius, with participation from…
Delightree, a San Francisco and Delhi-based workflow automation app for businesses, announced that it has raised $3 million in seed funding round from Accel Partners, Emergent Ventures, Brainstorm Ventures, Axilor Ventures, and Alchemist Accelerator, according to the YourStory report. The company will utilise the current financing to win new clients. Founded in 2019 by Madhulika…
Securden, an IT security startup that offers complete control over privileged access, visibility without barriers, and superior access governance across cloud, physical, virtual environments, announced that it has raised $1.2 million seed funding led by Accel Partners. Other investors that took part in the financing round include Freshwork’s Girish Mathrubootham, Eka Software’s Manav Garg, CaratLane’s…
Palo Alto-based early-stage venture firm, Wing has recently closed its third fund by raising $450mmn in capital. The entire fund was raised virtually and is substantially bigger than its second fund which raised $300mn in funds. The venture capital firm was formed in 2013 by veteran venture capitalists Peter Wagner and Gaurav Garg. Wagner previously…
Stanza Living, a shared living company offering dedicated solutions for students and working professionals across 10+ cities in India, announced that it will be investing Rs 400 crore over the next two years, according to a YourStory report. The investment will be aimed at expanding its rental accommodation business. The company is backed by marquee…
LetsVenture, an online funding platform that enables startups looking to raise seed capital to create investment ready profiles online, and connect to accredited investors, announced it has launched LetsVenture Plus, which will allow ultra-high net-worth individuals (UHNIs) and family offices to invest in growth stage startups, as well as come in as Limited Partners in…
The ongoing COVID-19 pandemic has become a major crisis for young business owners. With employees unable to attend offices, operations temporarily suspended and a government-imposed 21-day lockdown, everything for some time has come to a halt. The unprecedented health crisis is going to have a deep impact on every aspect of Indian society and the…
The grant aims to support ideas that are capital efficient, scalable and can be leveraged to fight the spread of the pandemic. The Action Covid Team (ACT) Grants has already raised Rs 70 Cr. from its target corpus, has funded 2 projects, and has over 45 volunteers. The initiative has seen the participation and support from leading start-up investors, fund managers from top VC firms, and prominent start-up CEO’s. Amongst the backers are Sequoia India, Accel, SoftBank, Coatue, Tiger Global, B Capital as well as leading start-up founders and entrepreneurs, along with industry bodies TiE, IVCA, Nudge foundation.