Artificial intelligence (AI)-based messaging and user engagement platform Aampe said it has raised $7.5 million as part of fresh funding led by Matrix Partners India and Peak XV Partners (formerly Sequoia Capital India), according to ETtech report. The company said it will use the funds for product development and growth as it sets sight on…
Freakins, a home-grown denim fashion brand for Gen Z women, announced that it has raised $4M in a seed round, led by Matrix Partners India and Blume Ventures. The D2C brand will employ the funds to expand its omnichannel presence, strengthen operations and amplify salience amongst its consumers, a statement said. The company also raised…
Health food brand The Whole Truth has raised Rs 90.21 crore, or nearly $11 million, in a Series B funding round led by Sequoia Capital India and Matrix Partners India, according to regulatory filings shared by intelligence platform Tofler. This takes the company’s total fundraise till date to over Rs 142 crore. As per the…
Direct-to-Consumer (D2C) skincare brand Foxtale has raised $4 million funding led by Matrix Partners India. Existing investor Kae Capital also participated in the funding round, along with angel investors. Launched in December 2021 by Romita Mazumdar, Foxtale focuses on affordable skincare products. The company presently sells online and clocks most of its sales through its…
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+,…
Food supply platform FarMart has raised $10 million in a funding round led by Matrix Partners India. Innoven Capital as well as existing investors Omidyar Network India, Avaana Capital, and 500 Startups also participated in the funding round. Angel investors, such as Amit Lakhotia (founder, Park+), Jitendra Gupta (founder and CEO, Jupiter), KP Balaraj (ex-founder,…
Dukaan, a SaaS platform that enables merchants with zero programming skills to set up their e-commerce store, has said that it has secured $11 million in the 640 Oxford Ventures led pre Series A round. The fresh funding round saw participation from existing investors including Snow Leopard Ventures, Matrix Partners India and Lightspeed Partners. Venture…
Automotive financing startup OTO Capital has announced that it has secured $6 million in Matrix Partners India led Series A round. Speaking on the investment, Sumit Chhazed, Co-founder, OTO Capital, commented, “We are re-imagining the two-wheeler buying and ownership experience for millions of Indians. Customers can research, schedule test drives at home, avail innovative &…
Protonn, a business-in-a-box platform for professionals, has announced a seed fundraise totaling $9 million. The round is led by Matrix Partners India along with other venture investors including 021 Capital and Tanglin Venture Partners. Angel investors participating in the round include Binny Bansal (co-founder, Flipkart), Kalyan Krishnamurthy (CEO, Flipkart), Neeraj Arora (ex-WhatsApp), Sujeet Kumar (co-founder,…
SuperOps.ai has announced that it has secured $3 million funding from Elevation Capital and Matrix Partners India, among others. “The seed round also saw participation from angel investors, including Kayako founder Varun Shoor, Kovai. co founder Saravana Kumar, Posist co-founder Ashish Tulsian, and Livspace founder Ramakant Sharma,” according to a statement. “The company plans to…
Edtech startup AntWak has raised more than a million dollars in its seed funding round led by Matrix Partners India. Other investors that took part in the funding round include Better Capital founder Vaibhav Domkundwar and CRED founder Kunal Shah. Founded in 2020, AntWak is the brainchild of ex-McKinsey, ICICI, Jio, and ex-ISB & IIT…
OZiva, an India’s Leading Clean Label Active Nutrition Brand combining Modern Food & Ancient Ayurveda, has raised $12 million in a Series B round led by Eight Roads Ventures, the company said in a statement. Other participants in this round include F-Prime Capital and existing backer Matrix Partners India. In June, the company secured $5…
Captain Fresh, a business-to-business (B2B) marketplace for seafood, announced it has raised $3 million in a seed funding round co-led by Matrix Partners India and Ankur Capital. Incubate Fund and angel investors, including Jupiter Money’s Jitendra Gupta and Pine Labs’ Amrish Rau, also participated in the round. Founded in 2019 by Utham Gowda, Captain Fresh…
Saveo Healthtech Pvt. Ltd, which operates a business-to-business e-commerce marketplace for pharmacies, has raised $4 million in seed capital led by Matrix Partners India and RTP Global, the company said in a statement. Other participants in the round include Incubate Fund and existing investor India Quotient. A clutch of angel investors also took part in…
Zupee, a skill-based gaming app that enables its users to play against each-other live, has raised $10 million in a fresh funding round led by existing backer WestCap Group, a US-based growth equity firm that invests in asset-light and tech-enabled marketplace solutions. Matrix Partners India, another existing investor, also took part in the round, the…