India-based technology company Infra.Market has announced that it has raised $125 million in the Series D funding round from Tiger Global at $2.5 billion valuation. Founder of Infra.Market – Souvik Sengupta told to PTI, “The new fund-raise will enable Infra.Market to enhance its technological offerings, seed newer markets, and advance their initiatives such as private…
Onsurity, a healthtech company providing monthly, comprehensive employee healthcare to SMEs, MSMEs, startups and growing businesses, has announced that it has secured $16 million in the Series A funding round. Quona Capital and existing investor Nexus Venture Partners led the funding round. The founder and CEO of Clover Healthcare – Vivek Garipalli also participated in…
Rapyd, a global fintech as a service company, has announced a $300 million Series E funding round led by Target Global. Joining the round are several new investors including funds managed by Fidelity Management and Research Company, Altimeter Capital, Whale Rock Capital, BlackRock Funds, and Dragoneer, along with participation from existing investors: General Catalyst, Latitude,…
Consumer venture fund Sixth Sense Ventures invests in India’s Plant-Based Alternate Meat Company – GoodDot. The investment will enable Udaipur-based GoodDot to further cement its status in the plant-based meat space in India while supporting its international growth, on the back of increased emphasis and spend on R&D, marketing, and channel broadening. The Company sells…
Mantra Data Centers, an independent data center platform and wholesale colocation provider has announced significant investment plans across India. MDC will design, build and operate state-of-the-art Data Center facilities with an initial IT load of 20MW in each of the key data hubs: Mumbai, NCR (Delhi), Chennai, Bangalore, Hyderabad and Kolkata. The company said in a…
MoEngage, an Insights-led customer engagement platform, has announced a fresh fundraise of $32.5 million USD led by Multiples Alternate Asset Management, with participation from their current investors, Eight Roads Ventures, F-Prime Capital and Matrix Partners. “We are thrilled to welcome Multiples as our new strategic partner as part of this Series C1 funding. This round…
Odoo, an open source all-in-one business software platform, has announced a US$215 million investment from growth equity investor Summit Partners. The transaction represents an exit for investors Sofinnova Partners and XAnge who invested in the Company in 2010 and 2015, respectively. The Company’s SaaS offering includes applications covering all business needs: accounting, inventory, manufacturing, project…
Mixlab, a pet pharmacy partner to veterinarians, has announced a $20M investment led by Sonoma Brands, with participation from Global Founders Capital, Monogram Capital, Lakehouse Ventures, Brand Foundry and others. Keith Levy, Operating Partner at Sonoma Brands and former President of pet food manufacturer Royal Canin USA, will join Mixlab’s board of directors. “I’ve worked…
Merqueo, a full-stack delivery scale-up, landed a $50 million series C round led by IDC Ventures, Digital Bridge and IDB Invest. The round was also supported by MGM Innova Group, Celtic House Venture Partners, Palm Drive Capital and previous shareholders. “Merqueo has developed all the attributes and technologies required to operate in a complex market,…
TagZ Foods, a premium GenZ snack company, has announced that it has raised an amount of INR 4 crores in Pre-series A funding from Agility Ventures and Dexter Angels. The fresh round of capital will be utilised for launching new product offerings, expanding distribution and production capacity. Eminent DTC and consumer brand founders such as…
BioMap, a biological computing platform enterprise, has recently completed the Series A funding round worth over a hundred million US dollars, which Legend Capital participated in. The funds will be used to for R&D and talent recruitment. BioMap is positioned as a medicine R&D platform driven by biological computing engine. It was co-founded by Robin…
SVOLT Energy Technology Co., Ltd., an EV battery manufacturer, held a B Round Financing Transaction Ceremony in Changzhou, Jiangsu on July 28, 2021. Following the completion of A Round Financing of RMB 3.5 billion ($US 538 million) at the end of February this year, the company rapidly closed this third round of market-based equity funding,…
Switch Mobility Ltd (Switch Mobility), the Electrified Commercial Vehicles company and subsidiary of Ashok Leyland Ltd, Indian flagship of the Hinduja Group and a leading company vehicle manufacturer, announced a strategic agreement with Dana Incorporated (Dana), the global leader in drivetrain and e-propulsion systems, to make a minority investment in Switch. Under the terms of…
Health and fitness-focused food platform based in Silvassa MYFITNESS has announced that it has secured around $1 million in 9Unicorns led seed round. Co-founders of Beardo – Ashutosh Valani and Priyank Shah, Arjun Vaidya (Founder, Dr.Vaidya’s), along with Sharad Jain and Shreyans Jain also participated in the funding round. An official statement informed, “MYFITNESS will…
Edutainment organization SP Robotic Works has secured $3 million in its Mount Judi India Growth Fund led Series A round. BCCL along with existing investors Indian Angel Network and angel Investors including Ajai Chowdhry, Raman Roy, among others participated in the financing round. Speaking on the Investment, Sneha Priya, Co-founder and CEO at SP Robotic…