Vridhi Home Finance, a housing finance lender, has raised Rs 150 crore in its maiden round of funding from venture capital firm Elevation Capital, according to the ETtech report. With the fresh funding, the lending startup wants to scale up operations, raise credit lines from larger lenders and enter into new geographies, a statement said.…
Atlys has raised USD 12 million in a Series A round led by Peak XV Partners (formerly Sequoia Capital India) and Elevation Capital. The round also saw participation from existing investors Andreessen Horowitz (a16z), Musical Duo Chainsmokers, South Park Commons, Pinterest Founders and other investors. The funds raised will be used to expand the platform’s…
Profit.co, a software provider that allows clients to set, track and measure objectives and key results (OKR) for their employees, announced it has raised $11 million in its first external round of funding after about four years of bootstrapping, according to ETtech report. The funding round, closed in August 2022, was led by Elevation Capital…
Rigi, an online content broadcasting and mentoring platform provider, has raised $12.3 million in a funding round led by Elevation Capital, according to ETtech report. Accel India, Stellaris Venture Partners and Sequoia Capital has also participated in the latest funding round. Rigi has also added new angel investors to its cap table. These include India’s…
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…
Zeni, a platform that provides bookkeeping and accounting service for startups, has raised a $34 million Series B round led by Elevation Capital with participation from new investors Think Investments and Neeraj Arora. This funding will help the platform to bring its intelligent bookkeeping and accounting services to more customers, and support growing the Zeni…
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,…
Teenager-focused payments app FamPay has announced that it has raised $38 million in a Elevation Capital led Series A funding round. Existing investors including Y Combinator, Sequoia Capital India, Venture Highway, Global Founders Capital, along with new investors Greenoaks Capital, General Catalyst and Rocketship VC partcipated in the financing round. “With around 40 percent of the Indian population…
BlissClub, a community first Direct-To-Consumer brand crafting activewear for the women of India, has announced that it has raised $2.25 million in seed funding led by Elevation Capital. The round also saw participation from existing angel investors Kunal Shah – CRED founder, Neeraj Arora (ex-CBO, WhatsApp), Rahul Mehta – Managing Partner at DST, Ashish Goel –…
SuperOps.ai has announced that it has secured $3 million funding from Elevation Capital and Matrix Partners India, among others. “The seed round also saw participation from angel investors, including Kayako founder Varun Shoor, Kovai. co founder Saravana Kumar, Posist co-founder Ashish Tulsian, and Livspace founder Ramakant Sharma,” according to a statement. “The company plans to…
Social e-commerce venture CityMall has secured $11 million in Series A funding, The funding round was led by Accel and saw participation from Elevation Capital and WaterBridge Ventures. Founded in 2019 by Angad Kikla, Divij Goyal and Naisheel Verdhan, Citymall claims it has developed a community commerce platform for everyday products for the next 300…
Zomentum, an end-to-end sales acceleration platform for IT channel partners, has raised $13 million in Series A funding round from Elevation Capital, Accel, and Greenoaks Capital. Eight Roads Ventures also participated in the funding round. The funding will be used to further build out its product and for geographic expansions. The San Francisco- and Bengaluru-based…
Turnip, a game live streaming and community platform based out of Bengaluru, has raised $1.63 million in seed funding led by Elevation Capital along with participation from Better Capital. The startup will utilise the fund infusion to expand its reach to millions of gaming communities and for hiring talent. Founded in April 2020 by Pooja…
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…