Nira, a Bengaluru-based fintech startup offering small-ticket loans to blue and grey-collared workers via its mobile app and website, announced that it has raised a $2.1 million Pre-Series A funding from existing and new angel investors in the UK, Europe, and India. The startup will utilise the funds to add high-quality talent to its team,…
Convosight, a SaaS based community management platform, announced that it has raised $4 million in its pre-Series A funding from IvyCap Ventures and Sequoia Capital’s accelerator fund Surge. The company plans to use the funds raised to strengthen its team across product and marketing functions as well as invest further to improve its technology and…
Finaureus Technologies Pvt. Ltd, a Pune-based Fintech startup, announced that it has raised pre-Series A funding from proprietary investment firm Pinetree Capital. Financial details of the funding remain undisclosed. The funding is part of the company’s pre-Series A round, Finaureus said in a statement. Finaureus was launched in 2017 to provide investment management solutions to…
Guvi, a vernacular-language based Edtech startup owned by Guvi Geek Network Private Limited, announced that it has raised Rs 6 crore pre-series A funding from Education Catalyst Fund, an education-focused venture capital fund managed by CBA Capital. Earlier, the company had raised funds from US-based investor Gray Matters Capital. SP Balamurugan, the CEO at Guvi…
Pariksha, a Pune-based edtech startup, announced that it has raised an undisclosed amount of funds in an extension of its Pre-Series A funding from a clutch of angel investors. Earlier, in 2019, the company had raised Rs four crore in a Pre-Series A round led by VCats. The Pre-Series A round was led by INSEAD…
Toch, a video meta-tagging platform has announced that it has raised over $400,000 from Inflection Point Ventures (IPV) in a pre-Series A funding round. The company will use the funds to fuel expansion by developing its tech infrastructure, and add more people to its team. “Toch was founded with a vision to revolutionise the digital…
Wellthy Therapeutics, a diabetes management startup, has recently raised $4mn in a pre-Series A funding round from early-stage VC firm Saamna Capital. The recent funding in the startup comes after a two year gap when the company had raised seed funding from Ranjan Pai’s family office MEMG, according to an Entrackr report. In 2018, the…
Agnikul, a space technology startup, announced it has raised Rs 23.4 crore pre-series A funding led by Pi Ventures. Other investors that took part in the funding round include: Hari Kumar of LionRock Capital, Artha Ventures, LetsVenture, Globevestor, and IIM-Ahmedabad’s CIIE. Existing investor Speciale Invest also took part in the funding round. The Chennai-based startup…
Bengaluru-based Edtech startup Oda Class recently announced that it has raised an undisclosed amount of investment in pre-Series A funding round. The funding round was led by a Chinese educational company, Yuanfudao. Interestingly, the founder of Yuanfudao is also a founding member of the Oda Class. As per an official company statement, Oda Class plans…
Deeptech startup AjnaLens recently announced that it has raised $1.5mn in Pre-Series A funding round. The funding was led by Maharashtra Defence and Aerospace Venture Fund (MDAVF). Other investors include Mohsin Group and high-net worth-individuals (HNI) like Nailesh Khimji, Chirayu Khimji and Jay Jesrani. It is understood that the company will use these funds to…
NIPPON Passport Co., Ltd. announced that it has closed 200 million JPY in a pre-series A funding. The funding was led by private investors and business companies through a third-party allotment in a pre-series A funding round. The government of Japan shows the target to attract 60 million foreign tourists annually by 2030. NIPPON Passport…
Fintech startup SuperMoney recently announced that is has raised $1mn from early-stage investor Unitus Ventures in a pre-Series A funding round. SuperMoney was founded in 2017 by Shiv Nandan and Nikhil Banerjee from Mumbai. The company plans to utilize these funds to strengthen its team across technology, business development, and backend operations. The company also…
Ed-tech startup, ExtraaEdge Technology Solutions Pvt. Ltd, has raised $700,000 in its pre-Series A funding round. The funding round was led by Bengaluru-based Sprout Venture Partners and the Indian Angel Network, ExtraaEdge said in a statement. Others that participated include TiE Pune Angels, First Cheque LLP and UIncept. Abhishek Ballabh, co-founder at ExtraaEdge, said the…
Aesthetic Nutrition, a chewable dietary supplement under the brand Power Gummies, has raised an undisclosed amount in Pre-Series A funding led by DSG Consumer Partners. The company was founded by Divij Bajaj in 2018. Earlier, it had raised $100,000 from Alfa Ventures in its seed round of funding. The startup will utilize these funds to…