Edtech platform Univariety recently announced it has raised $1.1mn (₹8Cr) from Info Edge. This is reportedly Info Edge’s second investment in the Hyderabad-based company in a span of two years This primary funding will be used by Univariety for business growth with a focus on product development, scaling up its alumni platform for schools and…
Medtech startup Cardiotrack recently announced that it has secured an undisclosed amount of funding from Singapore-based private equity platform Frontline Strategy Funds. The Pre-Series round of investment also saw participation from other angel investors. The company plans to use these funds to grow its customer base in India and international markets, as per an official…
Corporate card startup KarbonCard recently announced that it has raised $2mn through seed round of funding. The funding was made by a clutch of angel investors across India and China. Fintech startup Cred’s founder Kunal Shah, Amrish Rau (CEO of Pine Labs) and Jitendra Gupta (Founder of Amica Financial Technologies) are among the investors who…
Leading socks eCommerce startup Soxytoes recently announced that it has raised an undisclosed amount of investment from Gurugram-based angel investors network. According to a company statement, the startup plans to use these funds for digital marketing, increasing their kiosk network, expanding into international markets and launching new product lines such as personalized and kids socks.…
Fashion-focused image technology startup Flixstock, recently announced that it has raised $2.5mn in a funding round led by Wavemaker Partners, an early-stage venture capital firm based in Los Angeles and Singapore. The round also saw participation from Seeds Capital and Lep Capital. The company plans to use these funds to open new generative Artificial Intelligence…
Chandigarh-based personal care and grooming startup LetsShave recently announced that it has raised an undisclosed amount of funding from Wipro Consumer Care Ventures, the venture capital fund of Wipro Consumer Care and Lighting. Existing investor Dorco also participated in the funding round. Although there is no confirmation by the company, media reports suggested that with…
Chicago-based HealthJoy recently announced that it has raised $30mn in Series C funding round led by Health Velocity Capital. Existing investors U.S. Venture Partners, Chicago Ventures and Epic Ventures also participated in the funding round. With the latest infusion of funds, HealthJoy’s total funding so far stands at $53mn. The company plans to use the…
Noida-based ed-tech startup Genius Corner recently announced that it has raised $250,000 from Singapore-based individual investors including Mahesh Mohta, Jyoti Arora, Nachu Subramanian, and Srivats. The company plans to utilize these funds to on-board additional 30,000 students on the platform. Commenting on the startup’s business model, Singapore-based Investor Mahesh Mohta said, “Genius Corner has a…
Edtech startup Udemy recently announced that it has raised $50mn from an existing Japanese investor Benesse Holdings, Inc. The recent investment by the investment firm was made at a valuation of $2bn. The company in a statement described this funding as a part of expansion funding. The company is planning to use these funds to…
Bengaluru-based hyperlocal services provider Dunzo recently announced that it has raised $11mn in debt funding round from Alteria Capital. With the latest fund infusion, Dunzo is seeking to scale up its operations in the locations where the company is profitable. Kabeer Biswas, CEO, and Co-Founder of Dunzo said that the debt funding will help the…
European research platform Dealroom recently announced that it has raised €2.75mn in Series A funding round. The round was led by Shoe Investments and Knight Venture Capital. Founded in 2013 by Yoram Wijngaarde, Dealroom is an Amsterdam-based data and software platform, which shows worldwide intelligence about startups, innovation, and venture capital investment. Dealroom is used…
New Delhi-based female hygiene brand Sanfe recently announced that it has raised ₹8Cr in Pre-Series A funding from SucSEED Venture Partners, Snapdeal founders’ VC arm Titan Capital, BIRAC, Elixir Pharma, and a group of investors. Other investors who participated in the funding round include Saurabh Chawla (Former Group CFO of DLF and Executive Director- Finance…
Gurugram-based Simsim, a social commerce startup recently announced that it has raised $16 million in seven months of its existence. The funding rounds happened in quick succession over the past few months and were led by Accel Partners, Shunwei Capital, and Good Capital. Founded in July last year by Amit Bagaria, Kunal Suri, and Saurabh…
Business to business e-commerce platform for local Kirana stores, MaxWholesale recently announced that it has raised $3mn in Series A funding round. The funding round was led by venture capital fund IAN Fund-I and AI Falaj Investment Company, an Abu Dhabi based private family office. The funding round also saw participation from existing investor Maple…
Jeff Bezos who founded Amazon Inc., which has been often criticized for its damage to the environment, has recently committed $10bn to a new fund to tackle climate change. Announcing the news on Instagram, the e-commerce tycoon said that the Bezos Earth Fund would “fund scientists, activists, NGOs — any effort that offers a real…