D2C brand servicing daily workplace consumption, F5 announced that it has closed $350,00,000 (INR 2.5 Crores) as the first tranche of its Pre-Series A round while it is in the final stage for closing the second tranche in next couple of weeks. The current raise saw participation from angel investors that include – Mohit Satyanand-Chairman…
Edtech startup Avishkaar has raised Rs 5 crore in a pre-Series A funding round led by venture capital firm Auxano and Mumbai Angels, according to IANS report. Angel investors Alok Mittal (CEO of Indifi Technologies) and Varun Aggarwal (co-founder of Aspiring Minds) also participated in the financing. The funds would be earmarked for product development,…
Career discovery startup Mentoria has announced that it has raised Rs 1.5 crore in its fresh funding round. The pre-Series A funding round saw investments from Indian Angel Network (IAN), others. Marquee investors Pradeep Jaisingh – Chairman of HealthStart India and Jayant Mehrotra, former CFO of Lodha Group also participated in the round. Nikhar Arora,…
Community platform Scenes by Avalon has announced that it has secured an undisclosed funding in the latest financing round. The pre-series A funding round saw participation from Tanglin Ventures, Whiteboard Capital, Better Capital, Blume Founders Fund and iSeed Ventures as well as angel investors Kunal Shah, Kalyan Krishnamurthy, Gaurav Munjal and Tanmay Bhat. The company…
PumPumPum, a startup involved in used-car leasing, has raised Rs 5.5 crore in a pre-Series A funding round led by Inflection Point Ventures, according to PTI report. Other investors that participated in the funding round include Lets Venture and Agility Ventures. The company plans to utilise the capital for various activities, including consumer awareness, technology…
Bengaluru based startup DusMinute has raised lands $1.1 million in latest funding round led by Indian Angel Network. The pre-Series A round also saw participation from a few high net-worth individuals (HNI). Speaking on the investment, CEO of DusMinute – Apoorva Mishra, said, “We are developing a sustainable ecosystem and reducing carbon footprint by serving…
ImaginXP, a Pune-based edtech startup, has raised $1.5 million in a pre-Series A funding round led by Venture Catalysts along with participation of angel investors Shashank Deshpande, Krish Kupatjil, Samyakth Capital and others. The company will utilise the funds to accelerate both offline and online degree programmes. Started in 2013 by Shishir Kumar and Shashank…
eBikeGo, the Mumbai-based electric vehicle-based last-mile logistics firm, announced it has raised $1.5 million in a pre-Series A funding from a clutch of new and existing domestic and foreign individuals. Investors that participated in the round include bollywood singer Sukhbir Singh, Quess Corp Ltd CEO Vijay Sivaram, Asian Institute of Technology’s Brahmanand Mohanty, and Mungo…
Dating app Aisle has raised a pre-Series A funding round led by Anas Rahman, Founder and MD of Hurun India, and Vinod Jose, Founder of seed funding firm Konglo Ventures. The Indian dating startup will utilise the funding to enter Tier-II markets across India, as well as expand its reach into foreign markets. Commenting on…
KIKO TV, an influencer-led video and live shopping platform, has raised an undisclosed amount in its Pre-Series A funding round led by SOSV, a US venture capital fund. Recently, the startup raised its seed round from 9Unicorns. This is the second funding raise by the company. According to a statement, this funding round is also…
GigIndia, a tech startup that helps businesses to scale effectively by providing on-demand work completion at scale via gig (variable) workforce, announced that it has raised Rs 7.6 crore in pre-Series A funding round from angel investors – founder of Avaana Capital – Anjali Bansal and former president of Bajaj Allianz – Vineet Patni. According…
Zeek, the Southeast Asia-focused logistics technology startup, announced that it has secured approximately US$10 million in Pre-Series A financing from regional strategic investors and investment funds. The startup will utilise the current financing to further expansion in Southeast Asia markets, enhancement and refinement of logistics management technology and data analytics applications. The latest round of…
EWar Games, an e-sports and real-time gaming start-up, announced that it has raised a pre-Series A funding round led by Inflection Point Ventures (IPV) — India’s largest and most active angel network. Other investors that participated in the round are JITO Angel Network, Hyderabad Angels, and Pearl Agarwal, Founder and Director, Eximius Ventures. The fresh…
Text Mercato, a company that helps develop content using a custom-built platform and algorithms to deliver quality work, has raised more than Rs 5 crore in a pre-Series A funding led by Windrose Capital and 1Crowd. The startup will utilise the capital to enhance its technological infrastructure, as well as to focus on customer acquisition…
5C Network, a radiology platform making Radiodiagnosis more accessible, affordable and accurate, has raised $1.2 million in its pre-Series A funding round from existing investors Unitus Ventures and Axilor Ventures. The company will use the fresh capital to boost its products and services that help doctors and patients make better decisions, Kalyan Sivasailam, CEO at…