Mumbai-based VC Equanimity Investments has announced that it has invested an undisclosed amount of funding in Mumbai-based content economy focused start-up Thinkly in an early stage round. Thinkly helps independent writers, thinkers, journalists, and other content-creators to monetise their content via subscriptions. Founded this year by serial entrepreneurs Vivek Saxena, Navin Pai and Deepak Choithramani,…
Cart.com, the first end-to-end ecommerce services provider, has announced the close of a $98 million Series B round, bringing the company’s total funding since its launch eight months ago to more than $140 million. The round was led by Oak HC/FT, a premier venture growth equity fund investing in tech-enabled healthcare and financial services companies,…
TaxBit, a tax and accounting software provider for the digital economy, has announced a $130 million Series B funding round at a $1.33 billion valuation. The round was led by IVP and Insight Partners with additional participation including Tiger Global, Paradigm, 9Yards Capital, Sapphire Ventures, Madrona Venture Group, and Anthony Pompliano. In conjunction with the…
Software solutions provider Nirmata has announced that it has secured $4 million in pre-Series A funding round. The latest funding round was led by Z5 Capital, along with participation from Samsung Next, Uncorrelated Ventures, Benhamou Global Ventures, as well as angel investors including BV Jagadeesh and Saqib Syed. “Kubernetes gives a lot of flexibility in…
Grip Invest, a financial technology platform, has announced that it has secured $3 million in a Venture Highway and Endiya Partners co-led series A funding round. Investors including AdvantEdge and existing investors such as Gemba Capital and Anicut Angel Fund, along with angel investors Satyen Kothari, Gaurav Gupta, Akash Sinha and Reeju Datta, Ankit Agarwal…
Proteon Pharmaceuticals India, a subsidiary of Proteon Pharmaceuticals SA, has announced an investment of 21 million Euro (approx. INR 200 crores) to accelerate commercialization of its products in aquaculture and livestock farming as well as to further develop its microbiome platform technology. The financing round was led by the Nutreco, Aqua-Spark and PFR Life Science,…
FalconX, a digital assets and cryptocurrency financial services company that provides institutions trading, credit, and clearing across major cryptocurrencies, has announced a $210 million Series C financing round, valuing the company at $3.75 billion. The round was led by Altimeter Capital, Sapphire Ventures and existing investors B Capital Group and Tiger Global Management, with participation…
Lord’s Mark Group, a diversified conglomerate will invest INR 100 crores in its newly launched health and hygiene e-commerce platform- The Hygiene India. The investment will be used in adding new products to portfolio, boosting research & development, enhancing the technological capabilities, building manufacturing capabilities and for brand development. The Hygiene India aims to become…
RattanIndia Enterprises Ltd. (REL) has decided to make a strategic investment in Matternet, the US-based urban drone logistics platform. With this investment, REL has forayed into the deep-tech Unmanned Aerial Vehicle (UAV) industry, which is set to transform logistics ecosystems worldwide, the statement said. Matternet was founded in 2011 by Andreas Raptopoulos, a global thought…
Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of Reliance Industries Ltd (RIL), along with strategic investors Paulson & Co. Inc. and Bill Gates, and a few other investors, has announced an investment of USD 144 million in Ambri Inc, an energy storage company based in Massachusetts, USA. The investment will help the…
Legal tech startup for in-house legal teams, LawVu, has announced that it has raised $17 million NZD in Series A funding led by New York-based global private equity and venture capital firm Insight Partners with support from Australian venture capital firm AirTree Ventures. The company will hire key leadership roles in the US to drive…
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…
Squadcast has announced that it has secured $6 million from Valley-based DNX and Wipro. Nexus Ventures and Chiratae Ventures also participated in the funding round. The company also announced the addition of DNX and Q Motiwala to its Board of Directors. Founder and CEO – Amiya Adwitiya said in a statement, “Through our platform, we continue to…
Agritech platform Faarms has announced that it has secured $2 million from global investors in the seed funding round. The funding round was co-led by Dr Cornelius ( Conny ) Boersch and Koh Boon Hwee. Alok Duggal, COO and Co-founder at Faarms, said, “The fund we have raised will be used to expand our footprint…
Goodmeetings has said that it has secured $ 1.7 million in Chiratae Ventures led pre-Series A round. 100X Entrepreneurs, FortyTwo.VC, Adept Ventures, Atrium Angels and First Check also participated in the funding round. The round also saw participation from Kunal Shah (Founder & CEO, CRED), Vijay Shekhar Sharma (Founder & CEO, Paytm), Sujeet Kumar (Founder…