VR-AR gaming firm – Microgravity has secured $1.2 million from friends and family in seed funding round. Co-founder and managing director at Microgravity – Rahul Bhattacharya, said, “Gaming centres at malls used to be a big attraction but Covid-19 impacted the business severely. Now, as things start coming back to normal, we expect the demand…
Eat Beyond Global Holdings Inc., an investment issuer focused on the global plant-based and alternative food sector, is announcing that its portfolio company Nabati Foods Global Inc., formerly Nabati Foods Inc., has closed an oversubscribed $7.7 million private placement, and has restructured with plans to go public. The net proceeds will be used to fund…
4baseCare, an Illumina Accelerator backed precision oncology start-up, has raised an investment of USD 2M, led by investors Mount Judi Ventures, growX Ventures, Season Two Ventures, First In Ventures and a few strategic angel investors. Hitesh Goswami CEO, 4baseCare says, “Access to advanced technology, which can help improve treatment and care should be for everyone. Our vision is…
Temasek, an investment company headquartered in Singapore, has entered into a US$500 million strategic partnership with a global impact investment group LeapFrog Investments. The strategic partnership will take the form of a multi-fund investment by Temasek to anchor LeapFrog’s future funds. Temasek will also take a minority stake in LeapFrog and provide growth capital to…
Quizizz – an Edtech startup with a presence in India and the U.S. – has announced a $12.5 million Series A funding round led by Eight Roads Ventures with participation from GSV Ventures, Rocketship VC and existing investors Nexus Venture Partners and Prime Venture Partners. Co-Founders Ankit Gupta and Deepak Cheenath tested the first version…
Pipe, creators of trading platform for recurring revenues, has raised $50 million in strategic equity funding, with a minority portion of the round being allocated to secondary. Led by Jim Pallotta’s Raptor Group and Siemens Next47, participants in Pipe’s latest round of funding also include Shopify, Slack, HubSpot, Okta, Chamath Palihapitiya, Marc Benioff, Michael Dell’s…
Jungle Scout, an all-in-one platform for selling on Amazon, has raised $110 million in growth capital, led by Summit Partners and Jungle Scout Founder & CEO Greg Mercer. The capital supports Jungle Scout’s continued growth as the company expands its technology suite with the acquisition of Seattle-based Downstream Impact, an Amazon advertising tech company, extends…
Coworking startup Stylework has secured Rs 4 crore in its pre-Series A funding round. The funding round saw investment from Inflection Point Ventures. The platform aims to use the funds for expansion purpose. It is aiming to increase the capacity of seats from 150,000 to 400,000 in an year. Sparsh Khandelwal, founder and chief executive…
ixamBee, an online learning platform for government jobs, has raised funding for an undisclosed amount led by Mumbai Angles. Dr Narendra Shyamsukha from JITO Angel Network and existing investor Keyur Joshi (co-founder MakeMyTrip) and few noted alumni of ISB, Hyderabad also participated in the current round. “More than 5 million students have been benefited by…
Edtech startup – Scaler has announced the launch of Scaler Include, a program aimed at enhancing female participation in India’s tech workforce. The program offers merit-based scholarships to women to enroll in Scaler programs, coding contests in collaboration with tech employers in India and talks by female business leaders. As part of Scaler Include, Scaler…
Whatnot has raised $20M in Series A funding, led by Connie Chan, General Partner at Andreessen Horowitz, with participation from Y Combinator, Wonder Ventures, Operator Partners, Scribble Ventures, Steve Aoki and Chris Zarou. The company plans to use the funds to rapidly accelerate hiring, and expand into new categories like comic books, vintage video games…
Bangalore-based startup, DealShare has secured Rs 25 crore debt funding. With this, the e-commerce startup has raised Rs 267 crore in total. Vineet Rao, CEO and founder at DealShare, said, “DealShare has always been motivated towards bringing the e-commerce experience to the masses, especially the low and mid-income population. Since our inception, our vision has…
Questt, an education technology firm, has secured $1.35 million in seed funding from Chiratae Ventures and others. The company stated in a statement, “The round was followed by investment from AET Fund and marquee entrepreneurs, including Kunal Bahl, Rohit Bansal, Pranay Gupta (Founder of 91 Springboard), Ramakant Sahrama (LivSpace), First Cheque, and Razorpay Founders (through…
First Boulevard, a digitally native neobank focused on improving the financial livelihood of Black America, has raised $5 million in Seed funding from a group of financial services investors including Barclays and Anthemis and notable angels such as Gabrielle Union, John Buttrick and Jamere Jackson. With its latest raise, First Boulevard aims to expand its…
GITAI Japan Co., Ltd., which develops general-purpose work robots for space, has completed a total of 1.8 billion yen in financing as a series B round to accelerate and expand business and technological development. In this round, the companies and funds that participated, through a third-party allotment, are – Space Frontier Investment Limited Partnership, DCI…