Tag: Kunal Shah

Bengaluru-based healthtech startup Clinikk raises $4 mn funding led by MassMutual Ventures

Clinikk, an insurtech and healthtech startup, has raised $4 million in pre-series A funding led by MassMutual Ventures, with participation from Kunal Shah (Founder, Cred), Rohit M.A. (Co-founder and MD of Cloudnine Hospitals), Anjali Bansal (Founder, Avaana Capital), Stanford Angels, and other prominent individual investors.  Existing investors Times Internet Group, EMVC, 500 Startups’ Southeast Asia-focused…

Advantage Club to hire 100 employees within this financial year

Global HRTech startup Advantage Club has announced the company’s plan to hire 100 employees to ramp up its current employee strength of 70 to 170 by the end of the financial year 2021 to turbocharge its 20% month on month rate of growth, and expand its presence in international markets, especially SEA, MENA, and North…

Advantage Club lands $1.7M from Y Combinator, Broom Ventures, Kunal Shah, others

HRtech platform based in Gurugram-based Advantage Club has announced that it has secured $1.7 million in the latest round. The fresh funding round saw participation from Kunal Shah, Y Combinator, Liquid.vc, Broom Ventures and angel investors from Southeast Asia, the US and Middle East. Commenting on the announcement, CEO and Co-founder of Advantage Club, Sourabh…

Bengaluru-based startup Vahak raises $5M in Pre-Series A

Bengaluru-based B2B road transportation marketplace Vahak has announced that it has raised $5 million in RTP Global led pre-series A funding round. Leo Capital, Luxor Capital along with other angel investors including Founder and CEO of CRED – Kunal Shah, Co-founders of Meesho – Vidit Aatrey and Sanjeev Barnwal, Founder and CEO of Jupiter –…

TWID raises $2.5M led by BEENEXT, Sequoia Capital India’s Surge

Rewards-based payment network TWID has announced that it has raised $2.5 million in funding round led by Sequoia Capital India’s Surge and BEENEXT. Angel investors YourNest India, Kunal Shah and Rajul Garg also participated in the latest round.  Commenting on the investment, Amit Koshal, Co-founder of TWID, stated, “With our wide network of issuers, merchants, brands, and…

Fintech startup Bueno Finance raises $3 mn in seed funding

Bueno Finance has raised $3 million in a seed funding round from Goat Capital, JAM Fund, Olive Tree Capital and GoodWater Capital. Angel investors such as Kunal Shah of Cred and Anupam Mittal of Shaadi.com also participated in the funding round. Launched in October 2019 by Saurav Gandhi and Sandeep Arora, Bueno Finance was part…

Cred founder Kunal Shah backs Carl Pei’s new startup

Kunal Shah, Cred founder has invested an undisclosed amount in Carl Pei’s new venture. Pei left OnePlus back in October 2020 to work on starting his own venture.  Kunal Shah said, “Carl is working on a new consumer electronics company that I am sure will be a disruptor in the tech industry. I am excited…

Bengaluru-based CoinSwitch Kuber raises $15 mn in Series A round

Bitcipher Labs, which operates CoinSwitch Kuber, a cryptocurrency investment platform, has raised $15 million in a Series A funding round led by Palo Alto-based Ribbit Capital and San Francisco-based Paradigm. Existing investor Sequoia Capital India and angel investor Kunal Shah, founder of Cred, also participated in the round.  The fresh capital will help the startup…

Cred raises $81 mn in Series C round led by DST Global

Cred has raised $81 million in Series C funding round led by DST Global. Post funding, the startup is valued at $806 million (about Rs 5,883 crore). Sequoia Capital, Ribbit Capital, Tiger Global, and General Catalyst also participated in the funding round, a statement said. In addition, Sofina, Coatue and Satyan Gajwani of Times Internet…

Turtlemint raises $30 mn in Series D funding led by GGV Capital

Turtlemint, a Mumbai-based insurance-technology platform, has raised $30 million in a Series D funding round led by global venture capital firm GGV Capital. Other investors American Family Ventures, MassMutual Ventures and SIG, along with existing investors Sequoia Capital India, Blume Ventures, Nexus Venture Partners, Dream Incubator and Trifecta Capital participated in the round. Founded in…

Bengaluru-based Smallcase raises $14 mn in Series B funding round

Smallcase, an investment tech startup, announced it has raised $14 million in its Series B funding round led by DSP Group. Existing investors Sequoia Capital India, Blume Ventures, Beenext & WEH Ventures also participated in the funding round. Other investors such as Arkam Ventures along with angel investors Utpal Sheth (CEO at Rare Enterprises, owned…

Bengaluru-based Avail Finance raises Series B funding led by Falcon Edge

Avail Finance, a Bengaluru-based financial care service provider for the unorganised workforce of India, announced that it has raised about Rs 87 crore in a Series B funding round, led by Falcon Edge Capital, as per Entrackr report. Existing investor Matrix Partners also participated in the funding round. Alphawave Incubation, which is managed by Falcon…

FamPay raises $4.7 mn seed funding led by Y Combinator, Sequoia, Venture Highway & others

FamPay, a teenager-focused payments app, announced it has raised $4.7 million seed funding led by Y Combinator, Sequoia India, Venture Highway and GFC (Global Founders Capital). Angel investors such as Twitch co-founder Kevin Lin, Robinhood co-founder Vladimir Tenev, Cred founder Kunal Shah, and Pine Labs CEO Amrish Rau also participated in the funding round.  The…

epiFi raises $13.2mn in seed funding round

epiFi,  a tech startup for digital natives, has raised $13.2mn in seed funding round led by Sequoia India and Ribbit Capital. The round also saw participation from Hillhouse Capital and angel investors, including David Velez (Founder of Nubank), and Kunal Shah (Founder and CEO of Cred). The company was founded by Sujith Narayanan and Sumit…