Sirona Hygiene, a feminine hygiene product company, has secured USD 3 million in funding. The funding was secured from NB Ventures and IAN Fund. “The funding will be used to expand business along with a focus on R&D and product innovation,” a statement made by the company said. Deep Bajaj, co-founder at Sirona, stated “the…
Paris based OCUS, the API for Imagery, has announced it has closed a $24M investment led by Ring Capital and joined by A/O PropTech and Expon Capital. OCUS will further invest in product development and engineering while expanding its market presence worldwide. “OCUS is thrilled to have Expon and A/O PropTech join the board, along…
Edtech startup, CoLearn has raised $10 million in Alpha Wave Incubation and GSV Ventures co-led Series A funding round. “Existing investors, including Sequoia India’s Surge and AC Ventures, also participated in the round. This fresh infusion of capital will help the company to invest in product, technology, development, hiring and marketing,” a statement issued by…
Druva Inc., a provider of Cloud Data Protection and Management, has announced a $147 million investment as the company scales in response to accelerated demand for its platform. The fundraise was led by Caisse de dépôt et placement du Québec (CDPQ), a global investment group, with a significant investment by Neuberger Berman, each of which…
Lotus Pharmaceutical Co., Ltd, an Alvogen company, has announced the issuance of new shares through private placement to be acquired by Innobic (Asia). The move is aimed at strengthening the company’s market access in the ASEAN region. Innobic (Asia) is a wholly owned subsidiary of PTT Public Company Limited, a publicly listed conglomerate in Thailand.…
Silicon Valley Kleiner Perkins – a venture capital firm has secured a fresh $750 million fund to invests in startups in the growth-stage. As per ET, “the Kleiner Perkins Select fund will invest in mid-stage startups in a category known as early growth. Some of the investments will be follow-on financing for Kleiner’s existing portfolio…
Bengaluru-based audio-chat app Clubhouse has secured an undisclosed investment in VC firm Andreessen Horowitz-led Series C funding round. The funding round also saw participation from major investors DST Global, Tiger Global, and Elad Gil. The platform is planning to use the funds raised to scale its’ team and to support international growth, invest in localization…
Vyond, the provider of animated video content creation for the enterprise, has raised $50M in growth capital to take advantage of the demand for its platform and further extend its position in market. “Growth at all costs has never been a page in our playbook”, noted Gary Lipkowitz, CEO. “Vyond has delivered a consistent track…
Ultium Cells LLC, a joint venture of LG Energy Solution and General Motors, has announced a more than $2.3 billion investment to build its second battery cell manufacturing plant in the United States. The facility will be located in Spring Hill, Tennessee. Ultium Cells will build the new plant on land leased from GM. The…
DignifiHealth, a company that has integrated digital health technologies with its proprietary big-data intelligence platform, has raised $7 million in seed funding to scale delivery of its suite of healthcare products on a national scale. After years of program development and beta pilots, DignifiHealth was established in 2020 by Co-founders, Dr. Dino Beckett, Richard Queen,…
HomeX, a home services platform for homeowners and service providers, has announced the completion of a $90 million capital raise, led by New Mountain Capital, a growth oriented investment firm with over $30 billion in assets under management. Founded in 2017, HomeX aims to improve home services by simplifying home maintenance and repair. The Company…
AI-based chatbot startup, LimeChat has raised $750,000 in Pi Ventures led seed funding. The round also saw participation from Stellaris Venture Partners, Kalyan Krishnamurthy – Flipkart CEO, Sujeet Kumar, Dilip Khandelwal, Ramakant Sharma, among others. The startup aims to use the funds raised for strengthening the team and boost its go-to-market operations. Co-founder of LimeChat…
Grover, consumer tech subscription firm, has secured €60 million in an oversubscribed Series B round. The funding will be used to increase market penetration, advance product innovation and accelerate international expansion in support of the company’s ambitious goals of tripling its subscriptions by the end of the year, and driving an industry shift toward a…
EcoCart, a climate and sustainability-focused e-commerce enablement startup, has closed $3M in Seed funding led by Base10 Partners’ Chris Zeoli. The round includes participation from Sugar Capital, Brian Sugar’s early-stage venture fund, as well as several strategic angel investors including Jamie Sutton (creator of Shopify Plus), Ben Jabbaway (Founder and CEO of Privy), Rich Gardner…
Google-backed Delivery startup operating in eight cities of India – Dunzo Digital Private Ltd has raised $140 million and seeks to raise another $150 million in 2021. “The expansion only really starts next year at full pace, so we’ll raise the capital this year, but it gets deployed only next year,” informed Kabeer Biswas, 36-year-old…