Bengaluru based group health insurance startup Plum has raised slightly over Rs 30 crore (approximately $4.04 million) in funding, according to a report. The company has raised funds from Sequoia’s Surge, the accelerator and early-stage investment programme of marquee venture capital firm Sequoia, Entrackr reported. Other participants include IF India Partnership, Tanglin Ventures, AngelList and…
TrulyMadly, an Indian-origin online dating and matchmaking platform for serious dating, announced that it has raised about Rs 8.1 crores from a bunch of angel investors and a venture capital firm, as per ETtech report. It raised pre-Series A funding from AngelList, Inflection Point Ventures (IPV), and The Chennai Angels (TCA). The round includes investments…
Exprs, a Hyderabad-based last-mile logistics firm, announced that it has raised Rs 4.5 crore in seed funding, led by angel investors Sweta Rau and Sandeep Kapoor. LetsVenture, AngelList and DCF Advisory also participated in the current funding round, as per ETtech report. The Hyderabad-based firm is looking to set up over 500 nano distribution hubs…
Shef, the US-based homemade food marketplace that enables cooks to sell meals in their local communities, announced it has raised $8.8 million in seed funding from investors including Y Combinator, Craft Ventures, and M13, as well as founders and executives from Instacart, TaskRabbit, StubHub, AngelList, Lyft, Airbnb, and Yelp. Founded in 2018 by Alvin Salehi…
Remedo, a telemedicine startup focused on providing doctors with a platform to connect with their existing patients, announced that it has raised an undisclosed amount in its pre-Series A round from River Rock Ventures. Inflection Point Ventures also participated in the round with other investors including AngelList, Mohit Satyanand, Mitesh Daga (TPG Capital) and Aditya…
Spyne, a Gurugram-based AI powered SaaS Platform for Photographers and Creative Professionals, announced it has raised pre-Series A funding as growth capital. Finance details of the funding remain undisclosed. The investment was led by Angellist, Smile Group, Manish Amin (COO, Yatra), Anil Goel (CTO, OYO), Anubhav Sonthalia (CEO, Sokrati), and Deepak Mittal (CEO, TO THE…
Vernacular.ai, a Bengaluru-based SaaS startup, announced it has raised $5.1 million in its Series A funding round led by Exfinity Ventures and IAN Fund. Kalaari Capital, AngelList and LetsVenture also participated in the round. The company said it will use the newly raised capital to enter Southeast Asia and the US and invest in R&D…
AngelList, a platform to connect investors to startups, has recently laid off a number of staff and cut executive salaries across all departments, according to a TechCrunch report. The company reportedly has more than $1bn assets under management. The company has yet not made any comments on the number of staff being laid off but…
Wysh, a celebrity engagement and wishing platform, has raised $2 Mn in Series A funding round led by Kalaari Capital, investment firms IIMK, Gemba Capital also participated in the funding round, along with Wysh’s existing investors Whiteboard Capital, Touchstone Equities and AngelList. With this funding, Wysh plans to strengthen its marketing strategy and bring more…