ElectroNeek, a robotic process automation (RPA) platform for managed service providers (MSPs) and IT teams, has announced that it raised $20 million in a Series A funding round led by Baring Vostok with participation of AICPA and existing investors – YellowRockets.vc, Dragon Capital, I2BF, Angelsdeck, Gokul Rajaram and others. Following the new funding influx, ElectroNeek’s…
L Catterton, a global consumer-focused private equity firm, has announced that it has invested $25 million in Zenyum, a direct-to-consumer dental products brands. Existing Zenyum investors, including Sequoia Capital India, RTP Global, Partech, TNB Aura, Seeds Capital, and FEBE Ventures, also participated in the Series B round, which totaled $40 million. “Fueled by aesthetic-conscious millennials,…
Diabetes startup Breathe Well-being has raised $1 million from 3One4, others in a pre-Series A funding round. The round saw participation from angel investors Ashish Gupta (former-MD of Helion Ventures), Sandeep Singhal (managing director at Nexus Venture Partners), Stanford Angels and Entrepreneurs India. “Funds raised will be used for scaling up the tech platform, strengthening…
LoginID, a FIDO-certified authentication provider, has announced additional investment from Visa on the heels of its $6M seed round from payment and fintech entrepreneurs. The investment amount from Visa is undisclosed. “Visa recognizes its role in promoting a secure payment experience for consumers and a frictionless transaction processing for merchants,” said Simon Law, CEO of…
Jai Kisan, a rural fintech startup, has announced that it has raised US $30mn in a combination of equity and debt in its Series A funding round. The round was led by Mirae Asset. Syngenta Ventures, existing investors Blume, Arkam Ventures, NABVENTURES (NABARD), Prophetic Ventures and Better, other global investors, along with HNIs also participated…
Logistics and supply chain startup based in India Delhivery has raised $277 million ahead of planned IPO. With this funding, the supply chain services company is now valued at $3 billion. The funding round was led by Boston-based investment platform Fidelity. The new round also saw participation from GIC- a sovereign wealth fund, Chimera, and…
Intern hiring platform Cuvette Tech has announced that it has secured $180K in the latest funding round. The seed round saw participation from Titan Capital, Co-founder & CEO Mamaearth – Varun Alagh, Co-founder Lumenci – Harish Daiya, among other angel investors. “We are building a technology that will streamline the process of intern hiring through…
Reach, a development platform enabling any developer to build decentralized applications, has announced that it has raised $12 million in funding at a $48 million valuation. The funding round will be used to fuel the onboarding of developers to Reach. “This investment accelerates our path to becoming the primary method the world builds decentralized applications…
Career discovery startup Mentoria has announced that it has raised Rs 1.5 crore in its fresh funding round. The pre-Series A funding round saw investments from Indian Angel Network (IAN), others. Marquee investors Pradeep Jaisingh – Chairman of HealthStart India and Jayant Mehrotra, former CFO of Lodha Group also participated in the round. Nikhar Arora,…
Community platform Scenes by Avalon has announced that it has secured an undisclosed funding in the latest financing round. The pre-series A funding round saw participation from Tanglin Ventures, Whiteboard Capital, Better Capital, Blume Founders Fund and iSeed Ventures as well as angel investors Kunal Shah, Kalyan Krishnamurthy, Gaurav Munjal and Tanmay Bhat. The company…
Credit Suisse has announced the final closing of the Credit Suisse Climate Innovation Fund, a USD 318 million fund dedicated to allocating capital at the intersection of venture capital companies focused on disruptive technologies, solving for a significant reduction of greenhouse gas emissions. The Credit Suisse Climate Innovation Fund will commit capital to ten venture…
Whirlpool Corporation has announced that it is investing $15 million into its factory in Tulsa, Oklahoma as part of the company’s ongoing efforts to further strengthen its U.S. manufacturing capabilities and bring even more innovation, consumer products and jobs to the region. In conjunction with its investment, Whirlpool Corporation will receive an additional $1 million…
Atlan, a data democratisation company, has announced that it has raised $16 million in its Series A funding round. The round was led by Insight Partners and saw participation from former CEO of Snowflake – Bob Muglia, Founders of Stitch – Bob Moore and Jake Stein, Founder of Safegraph and Liveramp – Auren Hoffman, and COO…
India’s micro-blogging app Koo has raised $30 million in new funding round led by investment firm Tiger Global. The valuation of the platform now stands at over $100 million, five times its previous valuation. The round also saw participation from existing investors Kalaari Capital, Accel Partners, Blume Ventures as well as Dream Incubator. New investors…
4me, a SaaS provider of next-generation Enterprise Service Management (ESM) solutions, has secured $2.3 million in funding from Tornado Capital and Storm Ventures. Roel de Hoop – Partner at Tornado Capital will now be serving on 4me’s board of directors, joining CTO Laurens Pit, CEO Cor Winkler Prins and Arun Penmetsa of Storm Ventures. Roel…