International Battery Company (IBC), a product and technology company that specializes in the creation of eco-friendly, large-sized rechargeable Prismatic Li-ion NMC batteries, announced it has raised USD 35 Million. This includes a Pre-Series A round, led by RTP Global, and contributions from a broader investment base, which includes Beenext, Veda VC, and other strategic Korean and US Investors. The investment…
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…
PhiCommerce, a SaaS-based omnichannel payment solutions provider, has raised $10 million in a new funding round, according to ETtech report. The round was led by Beenext, a Singapore-based venture capital firm that invests in India and Southeast Asia. Opus Ventures also participated in the round. The funds will be used to drive PhiCommerce’s expansion into…
Shopr.TV, India’s first dedicated live-commerce platform announced that it has raised $1.7 million seed capital from reputed global institutional investors, including BEENEXT, Y-Combinator, Locus Ventures, Shiprocket, Goodwater Capital, and more. Renowned angel investors such as Kunal Shah (CRED), Lalit Keshre (Groww), Venky Karnam (Afore Capital), amongst others, are also a part of the round. Shopr.TV…
Binocs, the crypto taxation and Web3 portfolio tracking platform, announced raising $4 million in its seed round from global institutional investors led by BEENEXT, along with Arkam Ventures, Accel, Saison Capital, Premji Invest, Blume Ventures, and Better Capital. The company is also backed by several stellar crypto-native angel investors from the US and India. Binocs,…
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.…
Digital health startup MFine said it has raised $48 million (about Rs 356.1 crore) in Series C funding, co-led by Moore Strategic Ventures and BEENEXT, according to PTI report. To date, the startup has raised about $75 million in equity and debt. The round also saw participation from existing investors, Stellaris Venture Partners, SBI Group…
FloBiz, a neobank for SMBs, has announced that it has secured $31 million in the Sequoia Capital India and Think Investments led series B funding round. The round also saw participation from existing investors including Beenext and Elevation Capital. Angel investors like Vijay Shekhar Sharma, Kunal Shah, Jiten Gupta, Amrish Rau, Neeraj Arora, Nitin Gupta,…
AppsForBharat has announced that it has secured $10 million in Elevation Capital led series A funding round. The round also saw participation from existing investors BEENEXT, Sequoia Capital India and Matrix Partners India. Angel investors including Scott Schleifer (Partner, Tiger Global); Sai Srinivas, (Co-founder and CEO, MPL); Saurabh Gupta (Managing Partner, DST Global); Kunal Shah…
Neobanking startup, based in Mumbai and Bengaluru, Jupiter has announced that it has secured $44 million in the Series B funding round. This round saw participation from global investors including Global Founders Capital, Brazil-based Nubank, Matrix Partners India, Sequoia Capital India and Mirae Assets Venture. Existing investors Beenext, Addition Ventures, Greyhound, Tanglin VC and 314 Capital…
Rewards-based payment network TWID has announced that it has raised $2.5 million in funding round led by Sequoia Capital India’s Surge and BEENEXT. Angel investors YourNest India, Kunal Shah and Rajul Garg also participated in the latest round. Commenting on the investment, Amit Koshal, Co-founder of TWID, stated, “With our wide network of issuers, merchants, brands, and…
Private space tech company Agnikul has secured $11 million in its latest funding round. The Series A round was led by venture capital firm Mayfield India. Globevestor, Beenext, LionRock Capital, along with angel investors Anand Mahindra, Naval Ravikant, Balaji Srinivasan and Nithin Kamath, among others also participated in the financing round. The round also saw…
M1xchange has raised $10 million in its current funding round, which was led by Amazon and had participation from BEENEXT and existing investor Mayfield. M1xchange is the leader amongst the holders of the three Trade Receivables Discounting System (TReDS) licenses issued by RBI, in terms of cumulative value of invoices discounted. Since the launch of…
ShopSe, a Point of Sale startup, has secured Rs 40 crore ($5.5 million) in Chiratae Ventures and BeeNext led funding. The round also saw participation from Opus, Pentathlon Ventures and Yatra Angel Network of Abhishant Pant. “We are delighted that leading banks and NBFCs of India also agree with our view and have chosen to…
Chennai-based API platform – YAP has raised $10 million in Series B funding led by Flourish Ventures along with Omidyar Network India. Other investors that took part in the funding round include 8i Ventures Fund, Beenext and Better Capital. The fintech startup currently provides its services to companies in the United Arab Emirates, India, Australia,…