Leap has announced that it has secured $55 million in series C funding round led by Owl Ventures. Harvard Management Company as well as Sequoia Capital India and Jungle Ventures also participated in the funding round. Speaking on the funding, Vaibhav Singh, co-founder of Leap, commented, “We have seen an unprecedented demand from students to…
Biotech startup immunitoAI has announced that it has secured $1 million in the Pi Ventures led seed funding round. The round also saw participation from existing investor Entrepreneur First. An official statement informed, “the funds raised by the startup will be deployed for product development and industry partnerships.” Aridni Shah, CEO and Co-founder of immunitoAI,…
Financial service platform WeRize has announced that it has secured $8 million in series A funding round led by 3one4 Capital, Kalaari Capital, and others. The round also saw participation from Orios Ventures and Picus Capital. Vishal Chopra & Himanshu Gupta, Co-founders of WeRize, commented, “We are creating a new category in the Indian financial…
Zeotap, the next-gen Customer Data Platform, has announced an $11m extension to its Series C round. The extension follows the company raising $42m in July 2020, which was followed by an initial extension of $18.5m in November from SignalFire’s Breakout Fund. This new extension takes place to enable new investors such as Liberty Global Ventures…
BEAUTY PIE, a luxury beauty buyers’ club, has announced completion of a Series B financing round of $100m. Index Ventures co-led the round with US-based global private equity and venture capital firm Insight Partners, existing investors Balderton Capital and General Catalyst and Latitude VC, sister fund to London-based seed investor LocalGlobe. This brings BEAUTY PIE’s…
SolRazr has recently closed a $1.5 million seed round from Moonrock Capital, Ascensive Assets, and Morningstar Ventures. Several notable funds including Genesis Block Ventures, Divergence, Genblock Capital, CMS Holdings, PANONY and Skynet Trading participated in the round, while angel investors such as Sam Kazemian from Frax Finance, Leo Cheng from CREAM, Santiago R Santos and…
Staffing platform Gigforce has announced that it has secured $3 million in Endiya Partners led pre-Series A round. The round also saw participation from Unitus Ventures, among others. Speaking on the announcement, Chirag Mittal, Co-founder and CEO, Gigforce, commented, “The market is underserved today because of the lack of suitable technology to manage scale. India’s…
Adecco Group AG has announced that it has raised approximately EUR 232.29 million through the placement of 5,100,000 New Shares at a price of CHF 49.60 per New Share. Coram Williams, CFO of Adecco Group, said, “Today is an important milestone in the process to acquire AKKA Technologies and another step in executing on our strategy. With the successful…
D2C tea platform, based in Delhi, VAHDAM India, has announced that it has raised Rs 174 crore in Series D funding round led by the private equity fund of IIFL AMC. The round also saw participation from existing investors such as Sixth Sense Ventures and Kris Gopalakrishnan’s family office. “The pandemic has accelerated our growth,…
TechEagle, a drone delivery start-up, has raised USD 500,000 in a seed round led by India Accelerator, with participation from Vinners Group, Sitics Logistics and other marquee angel investors. TechEagle is deep tech (drone, AI) company that is currently based out of Gurgaon, and building the end-to-end technology solution for enabling a drone logistics airline…
Subscription management startup, based in Bengaluru, Fleek has announced that it has secured $1 million in the seed funding round led by Axilor. RTP Global Ventures, 9Unicorns Accelerator, Titan Capital, along with Ramakant Sharma, an angel investor, and his syndicate participated in the fresh funding round. Speaking on the announcement, Aditya Uttaravali, Founder and CEO,…
Quantum Machines, creator of the Quantum Orchestration Platform, has announced that it has secured $50 million in Series B funding to expand its growth into quantum cloud computing and drive its worldwide distribution. The latest round was led by Red Dot Capital Partners with the participation of Exor, Claridge Israel, Samsung NEXT, Valor Equity Partners,…
Fieldproxy, a SaaS platform, has said that it has secured Rs 2 crore in its seed round. The fresh funding round saw participation from 2am VC, LetsVenture, and magic.fund, among others. Speaking on the announcement, Ninad Karpe, Partner, 100X.VC, commented, “As the first institutional investor in Fieldproxy, we are delighted to see the response from…
Foodtech platform based in Bengaluru – GoodMylk has announced that it has received $1 million in the extended seed round from domestic as well as international investors. According to a statement, the company has secured $1.8 million till date. Speaking on the announcement, Sid Kothari, Om Kothari Group, said, “Goodmylk has a fantastic founding team…
K-12 EdTech start-up Codingal has announced that it has raised $1.2 million in seed funding round. The round saw participation from Summer Capital, Rebright Partners, Y Combinator and Day One Syndicate. Angel investors including Nate Lipscomb (Senior Product Counsel at Youtube), Peter Weck (Co-founder, Simply Hired and StoryJumper) and Ganesh Rengaswamy (Managing Partner at Quona…