Increff, a startup that offers inventory optimization solutions for e-commerce, fashion, and retail brands, has raised $12 million in its Series B funding round, led by TVS Capital Funds, Premji Invest, and Binny Bansal’s 021 Capital. It has also raised capital from six angel investors as part of this round, according to ETtech report. The…
CRMNEXT, a Noida-based digital and customer experience transformation firm, said that it has secured $16 million in Series B funding round led by Ascent Capital and Avataar Ventures. Nishant Singh, CEO & Founder of CRMNEXT, said, “We have been able to double ARR and register our highest-ever revenue and EBITDA in FY21 at a time…
Enterprise commerce AI provider Hypersonix has announced that it has raised $35 million in B Capital Group led Series B round. Intel Capital, Magicus Ventures, Firebolt Ventures, and Gokul Rajaram also participated in the latest funding round, among others. Rama Rao, Co-founder, Chief Product and Data Officer at Hypersonix, commented, “Being a leader in implementing state-of-the-art technology, we are…
Logistics startup GoBolt has announced that it has raised $20 million in Series B funding round led by Paragon Partners and Aavishkaar Capital. Co-founder and Senior Partner from Paragon Partners – Sumeet Nindrajog, who will be joining GoBOLT’s Board of Directors, said, “GoBOLT is Paragon’s first investment in the logistics sector across the two funds…
Jumbotail, a B2B e-commerce marketplace for food and grocery products, announced it has raised $14.2 million in fresh funding led by VII Ventures, bringing to a close the company’s $44 million Series B round. Nutresa, Veronorte, Jumbofund, Klinkert Investment Trust, Peter Crosby Trust, Nexus Venture Partners, Discovery Ventures, and a group of high net-worth individuals…
LeadSquared, a marketing automation and sales execution platform has landed $32 million in its Series B financing round from Gaja Capital – a Mumbai-based private equity company. Existing investors Stakeboat Capital and entrepreneur Jyoti Bansal also participated in the fresh funding round. Nilesh Patel, CEO, LeadSquared, said on the investment, “The funding comes at the…
The technology firm – Infra.Market, has secured a Series B funding of $20 million. The fresh funding round was led by Evolvence India Fund, Sistema Asia Fund, and Foundamental along with participation from existing investors including Accel, Tiger Global, and Nexus Venture Partners. With the fresh funds, the company plans to expand into newer markets…
BizCapital, a Brazilian SME online lender, announced that it has raised a Series B financing round of $12 million led by the German development finance institution DEG, a subsidiary of KfW Group, Germany’s promotional bank. Existing investors also joined the financing round. The round reinforces investors’ confidence in BizCapital’s ability to innovate in the Latin…