WeFast, a crowdsourced same-day delivery service operating globally, has announced that it has changed its name to Borzo to unite its businesses in 10 different countries under a single brand. As part of its growth strategy, the company also raised $35M in a Series C funding round. Its investors include Mubadala, VNV Global, RDIF, Flashpoint…
Rafay Systems, a platform for Kubernetes Operations, has announced a $25 million Series B funding round led by ForgePoint Capital, with participation from existing investors Ridge Ventures, Costanoa Ventures and Moment Ventures. Rafay will use this infusion of funds to continue hiring engineers and grow its sales, marketing and customer success teams. According to a…
Automotive financing startup OTO Capital has announced that it has secured $6 million in Matrix Partners India led Series A round. Speaking on the investment, Sumit Chhazed, Co-founder, OTO Capital, commented, “We are re-imagining the two-wheeler buying and ownership experience for millions of Indians. Customers can research, schedule test drives at home, avail innovative &…
Bengaluru-based social tech enterprise RubanBridge (1Bridge) has announced that it has secured $2.5 million in the latest funding round led by C4D Partners. The round saw participation from KAAJ Ventures, and angel investors including founding partner of Accel Partners – Prashanth Prakash, co-founder of Happiest Minds – Puneet Jetli, as well as PE/VC executive – Aradhana…
Trade X Group of Companies Inc., a global B2B automotive trading platform, has announced that it has completed its financing round as initially announced, to fuel the company’s growth. The additional equity funding of US$10 million, at a US$250 million pre-money valuation, is led by a group of new investors, including EchoVC, Frontier Ventures, and…
HRtech platform based in Gurugram-based Advantage Club has announced that it has secured $1.7 million in the latest round. The fresh funding round saw participation from Kunal Shah, Y Combinator, Liquid.vc, Broom Ventures and angel investors from Southeast Asia, the US and Middle East. Commenting on the announcement, CEO and Co-founder of Advantage Club, Sourabh…
Elda Health has announced that it has secured seed funding of $1.5 million from Avaana Capital, Orios Ventures, and Ananth Narayanan Family office. Anup Jain, Managing Partner, Orios Ventures, commented, “As an early-stage startup, Elda’s mission to innovate for India’s women healthcare issues that have remained unaddressed for generations, really resonated with us. Elda’s healthtech…
Healthtech platform NeoDocs has announced that it has secured an undisclosed sum in its pre-seed round from 9Unicorns, Y Combinator and Titan Capital. Commenting on the announcement, Nikunj Malpani, Co-founder and CEO, NeoDocs, said, “Testing is shifting to an at-home, instant and high frequency model. And this shift has been further catalysed by the pandemic.…
Bengaluru-headquartered Corporate Credit Card startup Karbon Card, which offers 24-hour sign-up Corporate Credit Card for small businesses and Startups, has announced that it has raised funding from Y Combinator. The platform aims to utilize the funds raised for product development, hiring, and operations. The company said, “it feels a YC tag would help the company…
Workstream, a hiring platform and mobile app that streamlines the sourcing and onboarding of hourly workers, has announced that it has raised $48 million in Series B funding. This announcement comes on the heels of the company filling more than 18,700 jobs, which represents more than 2.5% of total private jobs added, in July 2021.…
Sports-focused startup Sporjo has announced that it has secured $2 million in pre-Series A funding round. The announcement also said Leander Paes will join the board. The round saw participation from private investor Chairman of Punit Balan Group and Punit Balan Studios – Punit Balan, along with other investors. G Srinivvasan told to YourStory, “I…
Workera.ai, the first precision upskilling platform, has announced that it has completed a $16M Series A. This latest round of funding follows a seed round of $5M in October 2020. The Series A was led by New Enterprise Associates (NEA) alongside existing investors Owl Ventures and AI Fund, as well as AI luminaries Richard Socher…
The developers of Euler, a lending protocol that allows users to create their own lending markets in a permissionless fashion, has announced that they have completed an $8 million Series A round led by Paradigm. The new funding will help to grow the Euler developer team in anticipation of the protocol’s launch later this year…
Jane Technologies, Inc., the cannabis industry’s e-commerce provider, has announced the closing of a $100 million Series C round of funding. The round was led by Honor Ventures with participation from Third Point Ventures, Gotham Green Partners, L2 Ventures, Delta Emerald Ventures and Artemis Growth Partners. Jane previously raised $30 million in funding, bringing the…
SuperGaming, a game development company, has announced its Series A funding of USD 5.5 million led by Skycatcher, and included AET Fund (venture arm of Akatsuki), BAce Capital, Dream Incubator, 1Up Ventures, and Monish Darda. The new corpus will support SuperGaming’s talent expansion by 60% to build its publishing division, market existing titles, and launch…