Tag: investment

Pahadi Local raises its first round of funding

Pahadi Goodness Pvt. Ltd., a beauty and wellness company, has raised its first round of funding of Rs. 5 Crores from Mudhra Ventures, promoted by Gunapati Swathi Reddy. According to a statement, the investment proceeds will be used for growth capital including marketing, promotion and new product development. It said, “Pahadi Local has a fantastic…

AI platform Thankful raises $12 million in series A funding

Thankful, the AI platform, has announced a $12 Million Series A funding round led by Alpha Edison. Other investors include Bonfire, Ten-One-Ten, Greycroft, Omega, and Miramar. “Thankful stood out to us because it’s the only customer support software that’s on the customer’s side – and we know from our experience that will always be the…

Akudo secures seed round from Y Combinator, Incubate Fund India

Learning-focused neobank – Akudo has announced that it has secured $4.2 million in the seed funding round led by Y Combinator, AET Fund, JAFCO Asia and Incubate Fund India. Tribe Capital and Cabra Capital along with other angels investors also participated in the funding round. Speaking on the announcement, Nao Murakami, Founder and General Partner…

PredictiVu secures $1.5M from Market Xcel, Nomura, Infobridge Asia

AI power analytics platform PredictiVu has secured $1.5 million in a pre-seed funding round. The round saw participation from Market Xcel Data Matrix, Nomura Research Institute along with Infobridge Asia. Kunal Sarkar, Vice President at PredictiVu, commented, “We are extremely glad to have such a stellar set of investors back us up on our mission.…

Rulezero gets backing from The Treasury and YourNest, raises $2.5M

RuleZero, a startup building private company equity management platform has completed the raise of its seed round of $ 2.5M. The extended round saw participation from US fintech fund The Treasury, employees of Valiant Capital, domestic early stage funds – YourNest Venture Capital, Blume Founders Fund and a few angel investors. Srinivas Katta, one of…

EV charging station aggregator platform EV Plugs secures $150K

EV charging station aggregator platform EV Plugs has announced that it has secured $150K from family and friends. Speaking on the investment, Manish Narang, co-founder of EV Plugs, stated, “The goal we have set upon ourselves is to become the largest aggregator in the EV charging infrastructure space in India. We have observed that the…

SaaS startup Lio raises $5 million in seed round

Lio, a SaaS startup, has announced that it has raised $5 million in Lightspeed India Partners and Sequoia Capital India led seed funding round. “The investment by Lightspeed India and Sequoia Capital India helps accelerate Lio’s vision of enabling small businesses to be smarter by leveraging their business data for better decision making. We aim…

Medikabazaar lands $75M in a Series C round led by CDC Group, Creaegis, others

Medikabazaar, the healthtech startup, has announced that it has raised $75 million in a CDC Group and Creaegis led series C funding round. Existing investors like Ackermans & van Haaren (AvH), Rebright Partners, HealthQuad Advisors, Kois Holdings, as well as Sumitomo Mitsui Financial Group also participated in the latest funding round. Srini Nagarajan, Head of…

ePayLater secures $10M from Blue Ashva Capital, Pravega Ventures, others

Mumbai and Gurugram-based fintech startup ePayLater has announced that it has secured $10 million in a series B funding round. The round saw participation from Blue Ashva Capital, Responsibility Investments, Pravega Ventures and several other investors. Speaking on the announcement, Aurko Bhattacharya, Founder of ePayLater, commented, “At ePayLater, we are driven by the vision of…

Fittr raises $11.5 million in series A round

Fittr, a health and fitness community platform, has announced that it has raised $11.5M in a series A funding round. The round was co-led by Dream Capital, the Corporate Venture Capital and M&A arm of Dream Sports and Elysian Park Ventures, the private investment arm of the LA Dodgers ownership group. Existing investor Sequoia Capital’s…

FLYR Labs Lands $150 Million in Series C Funding Led by WestCap

FLYR Labs has announced that it has secured $150 million in Series C funding led by WestCap, a growth equity firm founded by Laurence Tosi, former CFO of Airbnb and Blackstone, with participation from Silver Lake Waterman, and WndrCo, along with insiders Peter Thiel, Streamlined Ventures, JetBlue Technology Ventures, and Gopher Asset Management. This funding…

Kumbhat Advisors invests in Marwari Catalysts, aims to strengthen startup ecosystem in Gujarat

Marwari Catalysts announces new investment from Kumbhat Advisors. The company said in a statement that it aims to leverage Kumbhat Advisors’ expertise to evaluate its investments in the segment and achieve a stronger foothold. Commenting on the investment CA Mohit Kapoor (Ex. Goldman Sachs) said, “We, at Kumbhat Advisors, are truly excited with our investment…

Chqbook secures Rs 40 Cr in pre-Series B round

Chqbook, India’s neobank for small business owners like kiranas, merchants, chemists, and others running proprietorships, has announced that it has secured Rs 40 crore in pre-Series B round. The round saw participation from existing investors including Aavishkaar Capital along with Rajiv Dadlani Group, and others. “Across the country, over the next ten years, we expect…

Dapper Labs announces $250M in Funding from Coatue, BOND, GIC and more

Dapper Labs, Inc. has announced US$250M in new funding. Led by Coatue, the new round brings together existing investors a16z, GV (formerly Google Ventures) and Version One Ventures with new investors including BOND and GIC. “Coatue has been investing in technology trends for over 20 years and web 3.0 is one of the most exciting…

Climate Angels’ EV-Focused Fund Makes Investment in Sheru

Climate Angels has invested in Sheru – a startup working in electric mobility energy space, from its recently launched Rs 400 million EV s-focused angel investing fund. Founded by BITS Pilani graduates – Ankit Mittal, Shikhar Sharma, and Nakul Mehan – the pre-Series A round saw participation from Venture Catalysts, Micelio, AdvantEdge Founders & Turbostart…