Fintech startup Skeps has raised $9.5 million in Series A funding round led by Bertelsmann India Investments. Existing investor Accel also participated in this round, according to PTI report. “The company intends to use the funds to expand the sales, marketing, engineering, and product teams, grow their merchant and lender client base, and broaden services…
Sparks Studio, an e-learning platform that offers online extracurricular training & certification programs for kids aged 5 to 15, announced it has secured $125,000 in funding from Y Combinator. The Silicon Valley incubator has invested in Spark Studio as part of their summer program (S21) batch. Y Combinator received 17,000 applications for the summer program…
Elevar, a Mumbai-based startup that manufactures sporting goods, has raised $2.5 million in a Series A funding round led by Kalaari Capital. Dream Capital also participated in the funding round. The funds will be utilised for expanding the product portfolio, marketing and hiring. “Cutting-edge materials and technology in sporting goods have always been priced out…
Indiagold, the New Delhi-based gold-based lending platform, announced it has raised $12 million in fresh funding led by PayU, the financial technology arm of Prosus NV, and Alpha Wave Incubation, according to ETtech report. Better Tomorrow Ventures, 3one4 Capital and Rainmatter Capital as well as existing investor Leo Capital participated in the funding round. The…
Regology, a company automating enterprise compliance with AI, announced an $8 million Series A round led by ACME Capital. Regology offers an AI-enabled platform that actively tracks regulatory updates, allowing companies to dynamically monitor changes to business-relevant laws, identify emerging risks and fines, and set up controls to ensure legal requirements are being met. “With regulations…
Mumbai-headquartered Indian logistics start-up Smart Express is launching operations with a seed capital of INR 100 crores. The round is led by IIFL India Private Equity Fund and Smiti Holding & Trading Company (Jalaj Dani family office). Promoter and Founder Yogesh Dhingra, and other co-founders have also participated in this round. Investment is expected to happen in…
Rapido, a startup that provides bike taxi services across Tier 1 to Tier 3 cities in India, announced it has raised $52 million from new investors including Shell Ventures, Yamaha India, Cred founder Kunal Shah and Amarjit Singh Batra, chief executive officer of Spotify India and Positive Moves Consulting. Existing investors Pawan Munjal of Hero…
Cloud-software company Neuron7.ai has raised $4.2 million in seed funding round from Nexus Venture Partners and Battery Ventures. The funds will be used to expand its engineering, product, and sales teams. The company, led by repeat entrepreneurs Niken Patel and Vinay Saini, is helping drive the transformation of customer service into a cloud-based AI-powered workflow,…
Pickrr, a Gurugram-based logistics technology startup, has raised $12 million in a Series B funding round led by IIFL Private Equity, Amicus Capital and Ananta Capital, according to PTI report. Existing investors Omidyar Network India and Guild Capital also participated in the funding round. The capital will be used for product development and expanding the…
Dental-care startup Toothsi has raised $20 million in a Series B funding round led by Eight Roads Ventures, Think Investments and the Mankekar Family Office. Blackrock Asia’s vice president Vishal Agrawal, Pharmeasy co-founders Siddharth Shah and Dharmil Sheth, Livspace cofounder Ramakant Sharma and Karan Singh of Bain & Co. India also participated in the round.…
Soothe Healthcare, a personal hygiene products company, announced it has raised Series-C round of funding of ₹130 crore from A91 Partners. Soothe will direct the new capital raised towards marketing activities and deepening distribution channels to achieve its goal of establishing Paree as a household brand in India, the startup said in its release. By leveraging…
Cold-chain logistics solutions provider Celcius has raised $500,000 in a seed funding round led by Mumbai Angels Network. Huddle, Lumis Partners and investors from Nigeria, Malaysia, and the United States also participated in the current funding round. The startup will use the capital for geographical expansion, hiring and setting up offices in other cities to…
HiHello Inc., the digital business card platform for individuals and businesses, announced a $7.5 million Series A round of funding led by Foundry Group, with participation from Lux Capital and existing investor August Capital. Additional investors include Manu Kumar (Co-founder and Chief Executive Officer of HiHello), the co-founders of Lyft, Everlaw, Auth0, Path/June, and Military.com,…
Skill-Lync, an engineering-focused edtech startup, announced it has raised $17.5 million in a Series A funding round led by Iron Pillar, according to ET report. Binny Bansal (co-founder of Flipkart), Sai Krishnamurthy (ex-Flipkart; co-founder of Xto10X) and Rashmi Kwatra (founder of Sixteenth Street Capital) also participated in the funding round. The capital raised will be…
B2B manufacturing marketplace Fashinza said it has raised $20 million in funding from investors, including Accel Partners, Elevation Capital and actress Sonam Kapoor Ahuja, according to PTI report. The series A round, a mix of equity and debt, also saw participation from Abu Dhabi’s DisruptAD, Stride Ventures, Alteria Capital, Tradecred and Anand S Ahuja (MD,…