Junio, a digital pocket money platform focused on kids, has announced that it has raised an additional Rs 5 crore in funding from HNI investors, Venture Catalysts and Rajiv Dadlani Group led Family Offices. Founded in September 2020, Junio will use the funds raised to strengthen its team, grow its product and also to roll…
Tag: investment
US-based Flyhomes bags $150 million from investors
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•US-based Flyhomes has announced that it has raised $150 million from investors. The proptech firm is planning to use the funds for growth purpose and to expand its presence in America. Founded by Stephen Lane and Tushar Garg, the firm intends to increase its employee count in India. A statement said, “Flyhomes brings every step…
Eightfold AI Raises $220M Series E Funding Round Led by SoftBank Vision Fund 2
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•Eightfold AI has announced that it has raised a $220M Series E funding round. The funds will be used for growth and development of Eightfold’s AI-powered Talent Intelligence Platform and to expand its partner ecosystem. This Series E funding round is led by SoftBank Vision Fund 2 and also includes investors from previous rounds, including…
Kale Logistics secures $5M Series A investment
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•Kale Logistics, a logistics tech platform, has announced that it has raised $5M in Series A investment led by Inflexor Ventures. Other existing investors also participated in the funding round. “Our investment in Kale Logistics fits our thesis of investing in category-defining, enterprise-grade, vertical SaaS products addressing the global market. The company is led by…
Tech-based Mentorship platform MentorKart raises USD 150K in seed round
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•New Delhi based Mentorship, patented platform MentorKart, has announced that it has raised $150,000 in its seed round led by Amit Singal and Manish Aggarwal (Founders of Startup Buddy). According to spokesperson, MentorKart will utilise the funds for Go to Market plans and further enhance its platform, strengthen its tech capabilities, and build new products. The…
Refyne raises $20.1M in Series A round
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•Earned wage access (EWA) platform Refyne has announced that it has raised $20.1M in a Series A funding round. The round saw participation from new investors DST Global and RTP Global along with existing investors Jigsaw VC and QED Investors. XYZ Capital also participated in the funding round. The Bengaluru-based platform will use the fresh funds raised to augment the…
Pune-based biofuel maker Greenjoules secures $4.5 million
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•Green energy technology company based in Pune, Greenjoules has announced that it has secured $4.5 million in funding, mix of debt and equity, from Blue Ashva Sampada Fund of Blue Ashva Capital. The platform aims to use the fresh funds raised for undertaking R&D initiatives and to set up commercial scale waste-to-energy plants. VS Shridhar,…
Zenoti Receives $80 Million Investment from TPG
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•Zenoti, an enterprise cloud platform for the beauty, wellness, and fitness industries, has announced that it has raised an additional $80 million as an extension to its series D funding round. The additional investment was led by TPG, a global alternative asset firm that has invested in technology companies such as Airbnb, Kajabi, Toast, and…
Tata Digital to invest in Curefit, names Mukesh Bansal as president
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•Tata Digital Limited, a 100% subsidiary of Tata Sons Private Ltd. has entered into a Memorandum of Understanding for an investment of up to US$75 million in CureFit Healthcare Private Limited, subject to completion of diligence process and other approvals. CureFit Founder & CEO Mukesh Bansal will join Tata Digital in an executive role as…
Cryptology Asset Group Commits USD 100 Million to Invest Globally in Crypto-related Venture Funds
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•Cryptology Asset Group, an European investment company for blockchain- and crypto-related businesses founded by Christian Angermayer and Mike Novogratz, has announced that it intends to invest USD 100 million over the next 24 months into crypto-related venture funds. Christian Angermayer, Founder of Cryptology, explained, “We are at the very beginning of the crypto revolution, and…
Edtech startup Bambinos.live secures $500K in seed round
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•Edtech startup Bambinos.live has announced that it has secured $500,000 in its seed round. The funding round saw participation from HNIs as well as angels, including Co-founder of Cure.Fit and CEO of Eat.Fit – Ankit Nagori, Co-founder and COO Xto10x – Neeraj Aggarwal, Director of Business Development, Netflix India – Abhishek Nag and MEL’s family…
Artha Venture Fund (AVF) announces final close of Rs 220 Crore debut fund
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•Early-stage VC fund, based in Mumbai, Artha Venture Fund (AVF) has announced the final close of Rs 220 Crore debut fund. “50+ limited partners (LPs) participated in the fund, with almost half of the LPs increasing their investment commitments in the last three months. More than 50 percent of the investments came from family offices,…
KreditBee secures Rs 60 crore from SIDBI’s India SME
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•Fintech lender KreditBee has announced that it has secured Rs 60 crore as part of its Series C funding round from SIDBI’s India SME. KreditBee is for self-employed and salaried professional who can apply for a Personal Loan starting from ₹ 1,000 up to ₹ 2 Lakhs as per their requirement. The platform has previously…
Cloud communication platform Exotel raises 45 crores in funding
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•Exotel has announced a fresh infusion of 45 crores from A91 Partners, Blume Ventures and a panel of angel investors. The angel investors include Binny Bansal (Co-founder of Flipkart), Vikas Choudhury (President of Reliance Jio), Deep Kalra (CEO, MakeMyTrip), Rohan Angrish (Head, ICICI Labs engineering) among others. Additionally, Anand Chandrasekaran, former Facebook and Snapdeal product leader, is joining Exotel as an advisor and…
Hyderabad-based Good Health Clinic Raises USD 5.2 Million from Khosla Ventures, Quiet Capital
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•Good Health Clinic, a digital health clinic, has raised a total of $5.2 million dollars from Khosla Ventures, Quiet Capital, W Health Ventures, Weekend Fund among other angels. This fundraise allows them to invest in new categories, build out a team and continue to build out their infrastructure to serve a rapidly growing user base,…