Teenager-focused payments app FamPay has announced that it has raised $38 million in a Elevation Capital led Series A funding round. Existing investors including Y Combinator, Sequoia Capital India, Venture Highway, Global Founders Capital, along with new investors Greenoaks Capital, General Catalyst and Rocketship VC partcipated in the financing round. “With around 40 percent of the Indian population…
Online space for beauty and wellness needs, Purplle.com (Purplle) has raised $45 million in the funding round, led by Sequoia Capital India. The company was founded by Manish Taneja and Rahul Dash in 2012. The round also saw participation from existing investors Verlinvest, Blume Ventures, and JSW Ventures “It also saw Ivy Cap Ventures, an early…
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…
Sleep solutions startup, Wakefit.co, has landed ₹185 crores in its latest funding round. The Series B financing round saw participation from Verlinvest along with existing investor, Venture Capital & Private Equity firm – Sequoia Capital India. Wakefit was founded in 2015 and offers mattresses along with other sleep-related products such as pillows and comforters. The startup…
InVideo, a video creation platform to create video ads, promo videos, social media videos and more has announced that it has raised $15 million in Series A funding led by Sequoia Capital India. Other investors that participated in the Series A funding round are Tiger Global, Hummingbird, RTP Global, and Base Ventures. The online video…
Slintel, an intent-powered sales and marketing intelligence platform, announced that it has raised $4.2 million in a funding round led by Accel, with participation from Sequoia Capital India and existing investor Stellaris Venture Partners. Recently, the startup raised funding from Stellaris Venture Partners and Powerhouse Ventures. The company will use the funding to build its…
ShopUp, a Bangladesh-based full-stack B2B commerce platform for small businesses has raised $22.5 million in Series A funding round. The round was co-led by Sequoia Capital India and Flourish Ventures, along with VEON Ventures, Speedinvest, and Lonsdale Capital. Founded in 2017 by Afeef Zaman, Ataur Rahim Chowdhury, Navaneetha Krishnan J, Siffat Sarwar and Sujayath Ali,…
Avataar.me, a 3D and Augmented Reality software that helps enterprise customers create immersive shopping experiences for end-users, announced that it has raised $7 million from Sequoia Capital India. Founded in 2014 by Prashanth Aluru, Sravanth Aluru, Gaurav Baid and Mayank Tiwari, Avataar’s vision is to bridge the gap between offline-online experiences by replacing the current…
Razorpay, a Bengaluru-based fintech startup has announced that it has raised $100 million in Series D funding led by GIC, Singapore’s sovereign wealth fund, and Sequoia Capital India. With this funding, the startup entered the unicorn club amidst the coronavirus pandemic. Existing investors Y Combinator, Matrix Partners India, Tiger Global, and Ribbit Capital also participated…
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…
Foxy parent EkAnek Networks, a startup focussed on beauty, grooming and personal care, announced it has raised Rs 40 crore funding led by Alpha Wave Incubation. Existing investors Sequoia Capital India, Lightspeed India, and Matrix Partners India also participated in the funding round. The company will use the funding to expand its presence to Abu…
Apna.co, a Bengaluru-based global recruitment platform for blue/grey collar workforce, announced that it has raised $8 million in Series A funding from existing investors Lightspeed India and Sequoia Capital India. Other investors that participated in the funding round include Greenoaks Capital and Rocketship.vc. Founded in 2019 by Nirmit Parikh, Apna comprises vertical communities for skilled…
Eduvanz, a Mumbai-based finance company that is making education universally accessible by providing easy, transparent and speedy financial assistance using innovative technology solutions, announced it has raised $5 million in a series A round led by venture capital firm Sequoia Capital India. The funding round also saw participation from Unitus which is an existing investor…
Incomlend, a global online invoice trading platform that aims to democratize access to trade finance, announced that it has raised a $20 million Series A round led by Sequoia India. The CMA CGM Group, a world leader in shipping and logistics, has strengthened the existing partnership with Incomlend by also participating in the round, to…
Bulbul, a live video shopping app, announced that it has raised $8.7 million in Series A funding led by Info Edge. While Info Edge invested around $6.63 million, the remaining sum was poured in by Sequoia and Leo Capital, according to the Entrackr report. Info Edge has entered an agreement to acquire 17.82% stake on…