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…
Plug-and-play E-commerce platform for offline stores Near.Store recently announced that it has raised $300,000 in seed funding from venture capital fund Sauce.vc and other individual investors. Near.Store helps offline stores go online, digitize their inventory, develop new consumer relationships and access business data and insights to make their business more efficient. This is done through…
Venture Capital firm Blume Ventures recently announced the closure of its opportunity fund titled Fund IIA at $41mn. The fund will be used to support growth-stage portfolio startups. The announcement of the opportunity fund follows the closure of Fund III by Blume Ventures. According to a company statement, the investment for the new fund was…
Biotech startup Arima Genomics Inc. has recently announced that it has completed Series A funding round led by Agilent Technologies and Cowin Venture. The funding round also saw participation from Vectr Ventures and Berkeley Catalyst Fund. The company plans to use these funds for expanding its commercial efforts and adding new applications to the existing…
Fintech startupBharatPe recently announced that it has raised $75mn in Series C funding round led by hedge fund Coatue Management and Palo Alto-based fintech investor Ribbit Capital. The latest funding rose BharatPe’s valuation to $425mn. Existing investor Steadview Capital and Insight Partners also participated in the funding round along with new investor Amplo, a US-based…
Edtech and gaming startup AvalonMeta Ventures Pvt. Ltd recently announced that it has raised $420,000 (approx ₹3Cr) in funding led by Preeplays, a blockchain-based gaming company. Other investors include Chicago-based venture capital firm Purvi Capital and Abhinav Chhikara, former Design Head of Unacademy. AvalonMeta was founded by Varun Mayya, Shashank Udupa, and Abhinav Arora in…
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…
Venture Capital firm Blume Ventures recently announced the closure of its Fund III at $102mn. The firm’s third fund has been raised from anchor investors based in India, Japan, the US, and Asia. The fund also raised amounts from existing limited partners, who have earlier invested in previous funds. According to a company press release,…
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…
Bengaluru-based food-tech startup Go DESi recently announced that it has raised ₹4.5cr from Delhi-based venture capital firm Rukam Capital. Rukam Capital is known for investing in early-stage consumer products and services companies. The funding round also saw participation from AngelList and Upaya Social Ventures. The company plans to use these funds for operation and geographical…
Gurugram-based prop-tech startup Zvesta, recently announced that it has raised $5.5mn from Hindustan Media Ventures Limited. It is understood that the company will use these funds to build its brand and collaborative marketing for real estate aggregation across the country. The company’s primary focus is on building alliances and partnerships across India, strengthening through its…
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…