KukuFM, India’s subscription based digital audio platform, announced its USD 19.5 mn Series B fund raise led by South Korea’s Krafton yesterday. A&W Capital, an investment advisory firm focusing on the sports, gaming and digital media sectors, acted as the exclusive financial advisor to KukuFM on this marquee transaction, a statement said. The proceeds from the current…
Loco, a live streaming gaming platform, announced it has raised $42 million in a funding round led by Hashed, with participation from Makers Fund, Catamaran Ventures, and Korea Investment Partners. Krafton, Lumikai, and Hiro Capital also participated in the current funding round. “We will invest in strengthening the content side, as well as in technology…
IN-D.ai, a provider of intelligent document and image-processing solutions, announced it has closed a seed round of $750K following a pre-seed investment of $500K. As per the company, the focus of this round was to get industry leaders, who could be advisors and evangelists, on-board its cap table, a statement said. Hugh Simon, founder and…
TABLT Pharmacy announced it has raised $1.5 million in pre-series A funding round. Tablt pharmacy deals in medicines, OTCs, and other healthcare products. Founded by Anish Agarwal and Anant Jain in the year 2018, the pharmacy has successfully raised $1.5 million from an impressive line–up of investors in pre-series A-round like JITO Angel Network, Tech Innovation (Chennai…
Koo, a microblogging platform in India, has raised around $10 million (Rs 79 crore) in two tranches from a clutch of investors including Caspier Venture Partner, Ashneer Grover and Ravi Modi Family Trust, as per regulatory filings, according to ETtech report. As part of the first tranche, which was executed in January, the company said…
Palmetto, a clean energy marketplace and technology services platform, announced it has raised approximately $375 million to accelerate the adoption of residential solar and clean energy independence across the United States. The round was led by Social Capital, with participation from new and existing investors including ArcTern Ventures, Gaingels, Lerer Hippeau, and MacKinnon, Bennett & Co. (MKB). Palmetto will…
Shipsy, a SaaS-based smart logistics management platform provider, has raised USD 25 million in a Series B round co-led by A91 Partners and Z3 Partners along with existing investors Info Edge and Sequoia Capital India’s Surge. The funding will enable Shipsy to continue growing its stronghold in the Middle East, India and Southeast Asian markets…
Healthtech startup MediBuddy has raised $125 million in a funding round from Quadria Capital and Lightrock India. The digital healthcare platform will use the funds to invest in customer awareness, hiring, strengthening technology platforms including data science capabilities, clinical research, and product development, it said in a release. Existing investors Bessemer Venture Partners, India Life…
Bosch Limited, a leading supplier of technology and services, announced it has invested in Bangalore-based B2B startup Zeliot. According to the company’s exchange filing, “This is to inform you that the Board of Directors of Bosch Limited (the “Company”) at its meeting held today i.e. February 09, 2022 has, inter-alia, approved the investment in Zeliot…
FirstHive, a Customer Data Platform, announced a new round of funding led by India based VC Mela Ventures. With this investment, FirstHive continues to invest in existing geographies while it expands its global presence across various geographies (including India, North America, Middle East and SEA) in the B2C large enterprise marketplace. FirstHive, founded in 2016, became the…
iMocha, an AI-powered digital skills assessment platform, announced a $14 million Series A investment round led by Eight Roads Ventures, with participation from existing investors Upekkha and Better Capital. Aditya Systla from Eight Roads Ventures and Prasanna Krishnamoorthy from Upekkha will join iMocha’s board of directors, the statement said. This is the first institutional raise…
Baby care startup Baby Amore has raised funding from GetVantage, a revenue-based financing fintech platform and marketplace, according to ETtech report. Founded in 2019 by Hameed Imthad and Abdul Wahab, Baby Amore provides eco-friendly, organic, and sustainable baby products. At present, the company sells over 100 brands and 2000 SKUs through its e-commerce store and…
Short-video platform Chingari has raised $15 million in funding led by Republic Capital, according to PTI report. The extended Series A round also saw participation from Onmobile, JPIN Venture Catalysts, Hill Harbour, Angellist, Venture Collective, Makan Family, Cowa Ventures, MVC Friends, Protocol Labs and other HNI family offices, a statement said. The app will invest…
ZingHR has raised $10 million from Tata Capital Growth Fund, according to ETtech report. With this investment, Tata Capital’s private equity arm will own a 33% stake in the company. Till now the startup raised $12 million in funding. The company will use the capital for expansion into more global markets, upgrade technology and to…
Pseudonymous social network Zorro announced that Jaynti Kanani, Founder of Polygon, has invested in the startup. Commenting on the development, Jaynti Kanani, the founder of Polygon, said, “In this new era of web 3.0, pseudonymity is needed globally to enable seamless transactions, socially & commercially. I am glad Team Zorro has focused on this need and is…