Tag: funding round

Proptech start-up Strata raises $1.5mn in a seed funding round

Bengaluru-based real-estate tech startup, Strata recently announced that it has raised $1.5mn in a seed funding round led by SAIF Partners and Mayfield India. PropStack, a real-estate data analytics platform, along with three other angel investors also participated in the round. The company plans to use these funds for hiring in tech and investor relations…

Coffee startup Sleepy Owl raises undisclosed amount in Series A funding

Delhi-based coffee startup Sleepy Owl recently announced that it has raised an undisclosed amount in Series A funding round. The funding round was led by Rukam Capital and AngelList India. Existing investor DSG Consumer Partners also participated in the fundraising. Post the investment, the startup would have raised ₹16Cr in total funding. The company plans…

AI-enabled healthcare startup Tricog raises $10.5mn in Series B funding

Bengaluru-based healthcare analytics startup Tricog recently announced that it has raised $10.5mn in Series B funding round from UTEC – University of Tokyo Edge Capital, Aflac Ventures, TeamFund US and Dream Incubator Japan. The funding round also saw participation from existing investors like Inventus Capital and Blume Ventures. Talking about the investment, Noriaki Sakamoto, Partner…

AI-based fashion startup FlixStock raises $2.5mn in funding

Fashion-focused image technology startup Flixstock, recently announced that it has raised $2.5mn in a funding round led by Wavemaker Partners, an early-stage venture capital firm based in Los Angeles and Singapore. The round also saw participation from Seeds Capital and Lep Capital.  The company plans to use these funds to open new generative Artificial Intelligence…

PhonePe raises $59.6mn from Singapore-based parent entity

Bengaluru-based fintech startup PhonePe recently announced that it has raised fresh capital from its Singapore-based parent entity PhonePe Private Limited, Singapore. According to a company filing, PhonePe has received $60 million (Rs 427.25 crore) in fresh capital from its Singapore parent, PhonePe Pvt Ltd. PhonePe allotted 1mn equity shares at a value of ₹10 with…

Blume Ventures closes $41mn opportunity fund

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…

Arima Genomics completes Series A financing

Biotech startup Arima Genomics Inc. has recently announced that it has completed Series A funding round led by Agilent Technologies and Cowin Venture. The funding round also saw participation from Vectr Ventures and Berkeley Catalyst Fund. The company plans to use these funds for expanding its commercial efforts and adding new applications to the existing…

Edtech startup AvalonMeta raises ₹3Cr from Peerplays

Edtech and gaming startup AvalonMeta Ventures Pvt. Ltd recently announced that it has raised $420,000 (approx ₹3Cr) in funding led by Preeplays, a blockchain-based gaming company. Other investors include Chicago-based venture capital firm Purvi Capital and Abhinav Chhikara, former Design Head of Unacademy. AvalonMeta was founded by Varun Mayya, Shashank Udupa, and Abhinav Arora in…

Proptech startup Zvesta raises $5.5M in Series A round funding

Gurugram-based prop-tech startup Zvesta, recently announced that it has raised $5.5mn from Hindustan Media Ventures Limited. It is understood that the company will use these funds to build its brand and collaborative marketing for real estate aggregation across the country. The company’s primary focus is on building alliances and partnerships across India, strengthening through its…

Female hygiene startup Sanfe raises ₹8Cr from SucSEED, Titan Capital

New Delhi-based female hygiene brand Sanfe recently announced that it has raised ₹8Cr in Pre-Series A funding from SucSEED Venture Partners, Snapdeal founders’ VC arm Titan Capital, BIRAC, Elixir Pharma, and a group of investors. Other investors who participated in the funding round include Saurabh Chawla (Former Group CFO of DLF and Executive Director- Finance…

Agritech startup Clover secures $5.5mn in series A funding

Greenhouse agritech startup Clover recently announced that it has raised $5.5mn in Series A funding round from Omnivore. The funding round also saw participation from existing investors Accel and Mayfield. In a press release Avinash BR the Co-founder of Clover, said “We are thrilled to partner with Omnivore, Accel, and Mayfield as we scale our…

E-commerce startup MaxWholesale raises $3M in Series A funding round

Business to business e-commerce platform for local Kirana stores, MaxWholesale recently announced that it has raised $3mn in Series A funding round. The funding round was led by venture capital fund IAN Fund-I and AI Falaj Investment Company, an Abu Dhabi based private family office. The funding round also saw participation from existing investor Maple…