Mynvax, a startup incubated by the Indian Institute of Science, Bangalore, has signed a definitive agreements to secure $4.2 million in Accel led Series A funding round. The latest round also participation from 1Crowd, LetsVenture, Kotak Investment Advisors, as well as few angel investors. A statement made by the startup said, “The funds will be deployed…
Investment venture, based in New Delhi, GlobalBees has announced that it has secured $150 million in FirstCry led Series A funding round. The round saw participation from its existing investors and Lightspeed Venture Partners. The announcement also informed that SoftBank’s Vikas Agnihotri, Harsha Kumar from Lightspeed, Atul Gupta of Premji Invest, Kshitij Sheth of Chrys Capital, and Sudhir Sethi of Chiratae Ventures will join the company’s board. Speaking on…
Apty Inc., a Digital Adoption Platform, announced that it has raised $7.5 million in a Series A funding led by 645 Ventures. Existing investors Companyon Ventures and Reformation Partners also participated in the current funding round. Apty develops Digital Adoption Platform (DAP) software catering to Enterprises with complex business processes, enabling them to maximize the adoption of…
D2C brand, based in Mumbai, FRAAZO has announced that it has secured $11 million in Sixth Sense Ventures led series A financing round of equity funding. The round also saw participation from NABVENTURES as well as existing investors Equanimity Ventures, Apar Group and Vice Chairman and member of the Board of Directors of Asian Paints…
Pequity, an intelligent compensation platform, has announced that the company has closed a Series A round of $19 million, led by Norwest Venture Partners with participation from First Round Capital, Designer Fund, and Scribble Ventures. “Compensation reflects a company’s values, affects its ability to hire talent, and is the biggest expense on its P&L. And…
Lightspeed Microscopy, Inc., an end-to-end 3D pathology platform, announced today it has raised $4 million in a Series A financing round. The round was led by Dynamk Capital and is expected to close with participation from additional investors by mid-July. The new funding will be used to commercialize and scale Lightspeed’s microscopy platform. Lightspeed’s technology combines novel…
Help Lightning, a provider of remote visual assistance software, has added $3 million in growth equity to its Series A funding. The additional financing comes less than a year after Help Lightning announced its $8 million Series A led by return investor Resolve. Help Lightning added two new strategic investors in this latest round: Mumbai, India-based engineering & infrastructure conglomerate Larsen…
Plum, a group health insurance startup aiming to provide accessible and affordable health insurance to millions of Indians, has raised a $15.6mn Series A led by Tiger Global with participation from earlier investors – Sequoia Capital India’s Surge, Tanglin Venture Partners, Incubate Fund and Gemba Capital. Angel investors in this round include Kunal Shah (founder, Cred),…
Esco Lifesciences (Esco) announced the close of an over-subscribed US$200 million Series A and Crossover round. The financing was led by Vivo Capital and Novo Holdings A/S, with participation from new investors including China Investment Corporation, Singapore-based global investor EDBI, a reputable, long-term institutional investor, and other sophisticated investors. XQ Lin, Chairman and CEO of…
Cervest, creator of the world’s first AI-powered Climate Intelligence (CI) platform, announced it raised a $30 million Series A round led by Draper Esprit. This financing brings Cervest’s total funding to $36.2 million. Cervest seeks to help enterprises, financial services companies, and governments quantify climate risk down to the asset level and, for the first…
Upsie, a consumer-centric platform for purchasing product warranties, announced it has raised a $18.2 million fundraising round led by True Ventures. Upsie will use the funds to hire, increase customer awareness and continue building its warranty product offerings and verticals. Upsie saves its customers up to 70 percent compared to competitor warranty plans. “We want…
Babel Finance, a leading global crypto financial services company, announced the completion of its $ 40 million strategic Series A fundraising led by Zoo Capital, Sequoia Capital China, Dragonfly Capital, BAI Capital and Bertelsmann and Tiger Global Management, with subsequent participation from existing investors. “The alliance with our new traditional finance investors is a critical…
SuperBottoms, a Mumbai-based startup that manufactures eco-friendly baby products, has received $2 million in Series A funding from Saama Capital and DSG Consumer Partners. Founded in 2016 by Pallavi Utagi, SuperBottoms sells reusable cloth diapers for babies. It claims to sell more than 30,000 diapers on a monthly basis through its own website and other…
Riskcovry, an insurance-technology startup, has raised $5 million in a Series A round of funding led by Omidyar Network India. Other investors that participated in the round include Pune-based Pentathlon Ventures and Delhi-based DMI Sparkle Fund, along with existing investors Bharat Inclusion Seed Fund, Varanium Capital, and Better Capital. The startup will use the capital…
Coworking startup Stylework has secured Rs 4 crore in its pre-Series A funding round. The funding round saw investment from Inflection Point Ventures. The platform aims to use the funds for expansion purpose. It is aiming to increase the capacity of seats from 150,000 to 400,000 in an year. Sparsh Khandelwal, founder and chief executive…