Zolve announced it has raised $15 million in seed funding round led by Accel and Lightspeed, with participation from Blume Ventures and notable angel investors including Dr. Ashish Gupta (ex-Helion MD), Greg Kidd (angel investor in Twitter & Ripple), Kunal Shah (founder of Cred), Rahul Mehta (Managing partner at DST Global) and Rahul Kishore (Senior…
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…
Agara, a New York-based startup that builds real-time voice AI to aid autonomous conversations, announced it has raised $4.3 million in pre-Series A extension round led by UTEC, a Japan-based early-stage deep-tech venture capital firm. Existing investors Blume Ventures and RTP Global also participated in the round. This brings the total funds raised by Agara…
Medfin, a discovery platform for medical procedures and financing, has raised Series A funding led by HealthXCapital, a Singapore-based healthtech venture capital fund, and Blume Ventures. Japan’s Dream Incubator and existing investor Axilor Ventures have also participated in the funding round. The startup plans to utilise the funds raised to set up Ambulatory Care Centres…
LambdaTest, a cloud-based browser testing platform that allows users to seamlessly test public or locally hosted web apps across 2000+ different browsers, OS, resolutions, and devices, announced it has raised $6 million in funding led by Sequoia Capital India’s Surge, a rapid scale-up programme for startups in Southeast Asia and India. Other investors that took…
SquadStack, a San Francisco and Delhi-based technology startup that offers sales acceleration, funnel optimization, and business management solutions for businesses, announced that it has raised $5 million in a Series A funding round led by Chiratae Ventures. The round also saw participation from existing investor Blume Ventures. The company plans to utilize the fresh funds…
Servify, a Mumbai-based startup that provides device management services and warranty solutions for all devices that touch daily lives, announced that it has raised $23 million in Series C funding, led by existing investor Iron Pillar, along with participation from Blume Ventures, Beenext, Tetrao SPF and Trifecta Capital. Other investors that participated in the funding…
Classplus, an education technology startup, announced it has raised $10 million in fresh funding led by Alpha Wave Incubation. Existing investors RTP Global and Blume Ventures also participated in the funding round, according to media reports. As per Tofler, the regulatory documents showed that Alpha Wave Incubation has invested Rs 56.32 crore, while Blume Ventures…
Education technology startup Unacademy has raised a $150 million funding led by Japanese conglomerate SoftBank, taking the firm’s valuation to $1.5 billion. Existing investors that participated in the funding round are Facebook, General Atlantic, Sequoia India, Nexus Venture Partners, and Blume Ventures. Earlier in February, Unacademy had raised $110 million from Facebook and PE firm…
Dunzo, an all-in-one 24X7 delivery platform that picks and delivers anything and everything within the city, announced that it has raised $28 million in its ongoing Series E funding round led by Google and Lightstone Fund, according to YourStory report. Dunzo has issued compulsorily convertible preference shares (CCPS) to both Google and Lightstone with each…
Pixxel, a space technology company working towards creating India’s first constellation of microsatellites in the LEO, announced that it has raised $5 million in seed funding led by Blume Ventures, GrowX Ventures and Lightspeed India. Other investors that participated in the round include Inventus Capital India, Stanford Angels and Ryan Johnson, co-founder of satellite imaging…
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…
Servify, a Mumbai-based startup that provides device management services and warranty solutions for all devices that touch daily lives, announced that it has raised Series C funding from a clutch of existing investors. According to exchange filings, Servify has allotted over 27.23 lakh Series C compulsorily convertible preference shares (CCPS) at a face value of…
As the coronavirus pandemic has halted onsite learning at school, colleges and tuition, edtech platforms have been witnessing a surge in their user database. Taking into account the demand of these platforms, investors have been aggressively putting their bets on these platforms. Recently, Noida-based Classplus announced that it is set to go ahead with its…
Venture Capital firm Blume Ventures recently announced the closure of its opportunity fund titled Fund IIA at $41mn. The fund will be used to support growth-stage portfolio startups. The announcement of the opportunity fund follows the closure of Fund III by Blume Ventures. According to a company statement, the investment for the new fund was…