Copperpod Digital Inc., the parent company of Metamaxx.io, announced that it raised USD 10 million in funding. The investment comes in cash and with business support from KFC Ventures, Nityo Group’s corporate venture arm, which invests in global early-stage and growth-stage B2B start-ups. KFC Ventures has invested in Copperpod Digital to help grow its operations…
Tech-enabled logistics and fulfillment platform Shiprocket has approved a Rs 259 crore ($32 million) fundraising round from existing investors Singapore’s Temasek and Lightrock India, according to ET report. Other investors in the current round include Bertelsmann India, March Capital Partners, Moore Strategic Ventures, Huddle Collective and Paypal. “Internal investors were keen to double down on…
Insurtech startup MetaMorphoSys announced it has raised $ 3 million in a seed funding round led by Capital2B, a technology fund backed by Info Edge. Angel investors Pavitar Singh and Dhruv Dhanraj Behl also participated in the current funding round. Founded in 2016 by Amit Naik and Kewal Vargante, MetaMorphoSys is a SaaS-based low code platform…
Sunday Design, a global furniture and home decor brand, announced it has raised $1.5 million (Rs 12.5 crore) in a pre-Series A funding round. QRG Investment & Holdings (the family office of Havells India Limited Founders), Kama Group (family office of SRF Ltd), KCT family office, and other existing investors participated in the funding round.…
Kennect, a Delaware and Mumbai-based Software-as-a-Service sales acceleration start-up, has raised $700k in seed funding led by FortyTwo VC. FortyTwo VC is a Dallas, Texas-based venture fund with an investment focus on disruptive enterprise tech opportunities. Kennect’s no-code platform allows enterprises to design, simulate and automate their incentive plans. The startup aims to become the preferred…
Cell therapy company Eyestem announced it has raised $6.4 million in a Series A funding round led by Biological E. Limited (BE), Alkem, NATCO and Anurag and Karan Bagaria, promoters of Kemwell Biopharma. Existing investors Endiya Partners and Kotak Private Equity also participated in the current funding round. Post this funding, Eyestem is valued at…
Japan-based 3D-printed prosthetic legs maker Instalimb raised 445 million yen (Rs. 26 crore) in Series A funding in Japan (including investment, loans, and grants) to foray into the Indian market and launched its technologically advanced prosthetic wear solutions in Gurgaon on 1st of July. Instalimb promises value proposition to the Indian market by revolutionizing prosthetic socket fit and production…
IQM Quantum Computers (IQM), the European leader in building superconducting quantum computers, is announcing it has raised €128 million ($128m) in Series A2 funding led by World Fund to expand its international business and accelerate product development to tackle the world’s most pressing problems. The funding, which follows a €39m ($39m) Series A1 announcement in 2020…
Theator, the creator of Surgical Intelligence, announced that it has raised $24M in an extension of its Series A funding round. This extension follows an initial $15.5M Series A round announced in February 2021, bringing the round total to $39.5M. The extended funding round was once again led by Insight Partners with support from existing investors including Blumberg Capital, Mayo Clinic, NFX,…
Chennai-based agritech startup Veg Route has raised seed funding of $1.1 million led by VGROW Ventures from the US along with Ravi Shankar Kathirvelu, Chief Business Officer, Venture Partner, and Investor also with Founders of Chennai-based Fintech Startup Ippopay – Mohan K and Jai Kumar, Hari TN Co-Founder Artha School of Entrepreneurship and Abhishek Raj…
Climate-smart deeptech startup Ecozen announced that it has raised INR 54 crore of additional funding as the first tranche of a planned INR 200 crore Series C round. The new funding round was led by Dare Ventures, the venture capital arm of Coromandel International, with participation from existing investors Caspian and Hivos-Triodos Fonds (managed by…
BriBooks, an AI powered writing and publishing platform for children, announced that it has exited stealth mode and has raised USD 1.5 million in pre-seed funding. Amidst the unprecedented disruption in education, caused by COVID-19, BriBooks takes on one of the world’s major education problems – children stopped reading and writing for pleasure and the…
Content monetisation platform ConsCent has raised $1.75 million (about Rs 14 crore) in a funding round led by Inflection Point Ventures, according to PTI report. Early stage funds Varanium Capital, RiSo Capital, SucSEED Innovation Fund, Sigurd Ventures, AngelList, PitchRight Ventures, and angels like Quess Corp’s Vijay Sivaram, former Rivigo Co-founder Gazal Kalra etc also participated…
Solar financing platform Aerem has raised $2.5 million in funding led by Blume Ventures. The capital will be used for growing the loan book, building the tech platform to enable end-to-end digital and seamless interaction with various stakeholders, and hiring teams, including leadership in technology, product, finance, and operations. “Aerem’s aim is to democratise the…
Ahmedabad-based startup, Brands.live, a platform that provides digital content for Indian businesses, has received $1M in funding led by IndiaQuotient. Indiabiz also participated in the funding round as angel investors. Brands.live was founded in 2019 by Bhavesh Korat and Bhavesh Patel. The startup plans to use this funding to scale up its operations and develop more features for…