SatSure, a Bengaluru-based space-technology startup that builds decision insights using data from satellites for the banking and insurance sectors, has raised an undisclosed amount of equity funding led by Baring Private Equity India. SatSure will use the capital to hire more people to grow its product portfolio and increase its international business footprint, while also…
Tag: Startup funding
Instoried raises $8 mn funding led by Pritt Investment Partners, 9Unicorns
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•Instoried has raised $8 million in a funding round led by Pritt Investment Partners and 9 Unicorns. Mumbai Angels, Venture Catalysts Angel Fund, SOSV and a few high networth individuals participated in the funding round. Till now, the startup raised a total of $10 million. The capital will be used to strengthen the company’s tech…
MioTech raises additional financing from J.P. Morgan Asset Management and HSBC Asset Management’s Financial Technology VC fund
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•MioTech announced that it has secured investments from J.P. Morgan Asset Management and HSBC Asset Management’s Financial Technology Venture Capital Fund. This is an extension to its latest series B+ funding round led by Guotai Junan International and GIC. The company’s earlier investors include ZhenFund, Horizons Ventures, TOM Group, Moody’s, and HSBC, the statement said.…
Gurugram-based agritech startup FarMart bags $10 mn in funding
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•Food supply platform FarMart has raised $10 million in a funding round led by Matrix Partners India. Innoven Capital as well as existing investors Omidyar Network India, Avaana Capital, and 500 Startups also participated in the funding round. Angel investors, such as Amit Lakhotia (founder, Park+), Jitendra Gupta (founder and CEO, Jupiter), KP Balaraj (ex-founder,…
Hyderabad-based Premier Energies raises Rs 200cr private equity from GEF Capital
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•Premier Energies, one of India’s Solar PV Cells & Module manufacturing company, announced it has raised a Private Equity investment of INR 200 crores in the company by GEF Capital Partners, a global private equity manager focused on investing in climate solutions. Premier Energies will use the funds as growth capital to enhance its solar PV…
Bangalore-based Hatti Kaapi raises Rs 100mn expansion capital in a pre-Series A funding round
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•Coffee brand Hatti Kaapi announced INR100 million (Rs.10 crores) in a ‘Pre A series’ round funding led by BlueWolf Capital, Investribe, Kochi Holdings and CreedCap Asia. The capital raised will be primarily used to expand the brand’s retail and cloud footprint to 200+ stores from the existing 115 outlets. The fund will also be used…
CollegeDekho bags $26.5 mn funding from Winter Capital, ETS
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•College admissions and education services platform, CollegeDekho, has raised USD 26.5 million in an ongoing funding round, led by Winter Capital Partners, ETS Strategic Capital and Calega, according to PTI report. Existing investors, Man Capital and Rajeev Chaba also participated in the series B round, a statement said. The company had last raised USD 8…
SaaS startup RainFocus closes Series C funding round led by KKR
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•RainFocus, the next-generation enterprise event marketing platform, announced that it has closed its Series C funding round led by KKR, a leading global investment firm. Existing investor JMI Equity, a growth equity firm focused on investing in leading software companies, also participated in the round. KKR is investing in RainFocus through its Next Generation Technology…
Mumbai-based Elixia Tech raises $1 mn in pre-Series A funding round
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•Supply Chain tech-based startup Elixia Tech Solutions Ltd has raised $1 million Pre-Series A funding led by RVCF and other angel investors. With this investment, Elixia Tech is planning to scale up its presence in both domestic and international markets, the statement said. Announcing the investment, Elixia Tech’s Founder, Sanket Sheth added, “This is a very…
Pune-based startup Biddano raises $2 mn in funding
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•Healthcare supply chain platform Biddano raised $2 million in a funding round led by Gokul Rajaram, board member at Coinbase and Pinterest. New investors JPIN Venture Catalysts UK and Livspace founder Ramakant Sharma as well as existing investors Venture Catalysts and AngelList also participated in the funding round. The startup will use the fresh capital…
Hyderabad-based Bikayi raises $10.8 mn from Sequoia Capital India
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•Bikayi, an e-commerce startup that helps small businesses digitise their offerings, has raised $10.8 million in Series-A funding round led by Sequoia Capital India. Earlier in August 2020, the company raised $2 million as a part of its seed round of funding led by Y Combinator. The startup plans to utilise the capital to accelerate…
Podcast hosting platform RedCircle bags $6 mn in Series A funding round
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•RedCircle, a podcast platform for independent creators, has raised $6 million in Series A funding round co-led by EPIC Ventures and Refinery Ventures. SignalFire, Bloomberg Beta, MathCapital, and angel investors including Justin Wohlstadter, founder of Wonder, George Strampolos, founder of Fullscreen, and Eckart Walther, contributor to the original RSS specification, also participated in the funding round. “Our data show that 65% of…
KoitViet raises $45 mn Series B round led by KKR
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•KiotViet, a leading merchant platform for micro, small, and medium enterprises (MSMEs) in Vietnam, and KKR, a global investment firm, announced the signing of definitive agreements under which KKR will participate as the lead investor in the US$45 million Series B funding round of KiotViet , with participation from its existing investor, Jungle Ventures. KiotViet aims to drive the…
Zippin raises $30mn in Series B funding round
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•Zippin, a startup that provides checkout-free technology, announced it has closed a $30 million Series B funding round with participation from new and existing investors including OurCrowd, Maven Ventures, Evolv Ventures and SAP. Post this funding, the startup has raised more than $45 million. This round comes on the heels of significant progress the company has made in…
Checkr raises $250 mn Series E round at $4.6 bn valuation
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•Checkr, a HR technology company powering the future of work, announced it has raised $250 million in a Series E round valuing the company at $4.6 billion. The round was led by Durable Capital, alongside new investors Fidelity Management & Research Company LLC, and Franklin Templeton with participation from all major current investors including BOND Capital, Khosla Ventures, IVP, T. Rowe Price, Coatue,…