Dream Sports, India’s sports tech company with brands such as Dream Capital, FanCode, Dream11, DreamSetGo, Dream Game Studios, and DreamPay in its portfolio, has announced the completion of an investment of $840 Million at an $8 Billion valuation, led by Falcon Edge, DST Global, D1 Capital, RedBird Capital and Tiger Global. The round also saw…
Electric vehicle startup, based in Bengaluru, Simple Energy has announced that the startup has secured $21 million in its pre-series funding round. An official statement said, “this investment will be utilised to increase manufacturing capacity, accelerate new product development, and expand experience centres, consequently bolstering the company’s expansion plans.” Speaking on the announcement, Suhas Rajkumar,…
Park+ has announced that the platform has raised $25 million in the latest series B funding round led by Sequoia Capital India, Epiq Capital and Matrix Partners India. The round also saw participation from AdvantEdge, Fund II as well as Motherson Lease Solution Limited. Speaking on the annoucement, Amit Lakhotia, Founder and CEO of Park+,…
Welspun One Logistics Parks (WOLP), a pan-India integrated fund, development, and asset management platform, part of the USD 3.5 billion Welspun Group, has signed a Memorandum of Understanding (MoU) with Guidance – the Government of Tamil Nadu’s nodal agency, for investment promotion and single window facilitation. A statement informed, “This is towards setting up warehousing…
Zenwork, a provider of digital tax compliance and regulatory reporting fintech SaaS platform for businesses everywhere, has successfully raised over INR 1200 Crores from Spectrum Equity, a growth equity firm focused on internet-enabled software and information services companies. According to a statement, “The investment will enable Zenwork, operating the brands Tax1099 and Compliancely, to accelerate…
Payhawk, the payments and expense solution with offices in London, Sofia, Berlin and Barcelona, has raised $112 million just three years after its inception, valuing the company at $570m. The Series B round is led by the San Francisco-based investor Greenoaks, who has a track record of investing in technology companies such as Gorillas, Robinhood,…
Shield-IoT, a mass-scale IoT and IIoT network cyber security and operational monitoring platform, has announced the closing of a $7.4 million Series A round of funding. The Series A round was led by NextLeap Ventures and Bloc Ventures, with the participation of Atlas Ventures, Akamai Technologies, Springtide Ventures, DIVEdigital, and Janvest Capital Partners. Founded in…
Zenity, the only governance and cybersecurity platform for Low-Code/No-Code applications, has exited stealth mode with a $5 million seed funding round, led by Vertex Ventures and UpWest, and backed by executives such as the former CISO of Google, Gerhard Eschelbeck, and former CIO of SuccessFactors, Tom Fisher. The platform said in a statement, “Today’s digital…
Borderless Capital, the Miami-based venture capital firm dedicated to the Algorand ecosystem, has announced the closing of PLANETS.Fund, a $10M fund focused on building a green data economy. A statement said, “The fund will invest in the ecosystem surrounding PlanetWatch, the world’s first decentralized indoor and outdoor air quality monitoring network built on the Algorand…
Eatron, an ‘intelligent automotive software’ platform for the edge and the cloud, has announced that it raised $11M in its Series-A round led by MMC Ventures with participation from Aster Capital and Vinfast. Part of the Series-A funding will be used to expand the platform with additional partnerships for third-party software modules and semiconductor &…
Bert Labs, AI-IoT powered solutions company, founded by Rohit Kochar, has announced an investment of US$ 1million from the Katkar Family Office, Kailash Katkar, Sanjay Katkar (Founders of Quick Heal Technologies Limited), and an investor, Jeevan Patwa. This is as part of US$3million bridge round to close in November 2021. Rohit Kochar, Chairman and Founding…
Gradiant, a global end-to-end cleantech water treatment solutions provider and projects developer, has announced it has raised over $100 million in Series C funding. The round was led by financial and strategic partners Warburg Pincus and Schlumberger New Energy and was oversubscribed from its initial target of $65 million. The round brings Gradiant’s total funding…
Enterprise SaaS platform Zvolv has announced that it has raised $ 1.5 million in JSW Ventures led funding round. According to a statement VC fund Riso Capital also participated in the latest round. It added, “Zvolv plans to use the funds to expand its customer base globally, drive rapid adoption in an increasingly work-from-anywhere world,…
Purplle.com, an online beauty destinations, has raised $65Mn, bringing Premji Invest to the cap table. This investment comes weeks after a $75Mn funding, led by Kedaara Capital, alongside Sequoia Capital India and Blume Ventures. The infusion will accelerate the company’s growth to build a multibillion-dollar company from India, according to a statement. The statement said,…
Bombay Hemp Company Pvt. Ltd. has completed a strategic round of fundraising that will build upon its ‘first-mover advantage’ as the provider of holistic wellness products empowered by Ayurveda. “However, the real story is not just the quantum of funds that we have raised but the calibre of Investors that we have attracted,” stated Company…