Tag: Startup funding

Chennai-based Chai Waale raises Rs 5 cr funding from angel investors

Beverage startup Chai Waale announced that it has secured financing worth Rs 5 crore from marquee angel investors. Existing investors along with new investors also participated in the funding round. The company said that the funding will promote physical and strategic expansion of Chai Waale throughout the city. Chai Waale’s angel investors include Sunil Sethia,…

Bangalore-based Dozee raises Rs 44cr in Series A round

Dozee, a healthtech startup offering contactless remote patient monitoring (RPM) solutions, has raised Rs 44 crore in a Series A funding round led by existing investor Prime Venture Partners, with participation of YourNest Venture Capital and 3one4 Capital, according to ETTech report. The startup will use the capital to ramp up its R&D and launch…

Droom’s Sandeep Aggarwal family office crosses over Rs 25cr as an angel investor

Droom’s Sandeep Aggarwal family office has crossed the investment milestone of INR 25 Crore as an angel investor with the latest investments in various National and International companies such as the US-based Venture Capital firm – Lionbird, India based full-stack cloud garage startup – Fixcraft, India’s leading B2B eCommerce player in the aftermarket tyre vertical…

SecurEnds raises $21 mn Series A round led by Elephant

SecurEnds, a US-based cloud-native Identity Governance company, announced that it has closed a $21 million Series A round led exclusively by Elephant. The investment – one of the largest A-rounds in Atlanta’s burgeoning cybersecurity and tech startup ecosystem to date –  comes following an impressive 340% increase in year-over-year annual recurring revenue, the company said in its…

AI Proptech startup Hipla raises pre-series A round

To meet the growth in demand from enterprise customers, Hipla Technologies has raised a pre-series A round of USD500,000. This capital injection will bolster and accelerate Hipla Technologies product distribution for their 360* Facility and EHS(Environment, Health, and Safety) management solution stack, the company said in its release. Puneet Aggarwal (Multi asset investor), Deepak R.(Real Estate Developer) and other senior professionals…

Bengaluru-based startup Pankhuri raises $3.2M led by Sequoia’s Surge

Pankhuri, a Bengaluru-based social community platform for women, announced it has raised $3.2 million in funding led by Surge, a rapid scale-up programme by Sequoia Capital India. India Quotient and Taurus Ventures also participated in the funding round. Founded in 2019 by Pankhuri Shrivastava, the platform provides users with information on topics, including beauty and personal care, through live and short videos, and…

Delhi-based Shiprocket raises $41.3M funding co-led by PayPal Ventures

Logistics aggregator Shiprocket has raised $41.3 million in a funding round co-led by PayPal Ventures, the venture investment arm of PayPal, and existing investor Bertelsmann India Investments, according to ET report. Other existing investors Info Edge Ventures, March Capital, Tribe Capital and Innoven Capital also participated in the round. Shiprocket’s strategic partners like Razorpay and…

Hyundai invests $100 mn in battery startup SolidEnergy Systems

Hyundai Motor Co. has invested about $100 million to buy a stake in a lithium metal battery startup, according to Reuters report. “As we have been investing in various companies related to electrification, our investment in SolidEnergy is part of that,” an official at Hyundai Motor said. Founded in 2012, SolidEnergy Systems (SES), which was…

Bengaluru-based Licious raises $192 mn Series F funding led by Temasek, Multiples PE

Licious, a fresh meat and seafood e-tailer, announced it has raised $192 million in a Series F funding round led by Temasek and Multiples Private Equity. Brunei Investment Agency also participated in the round along with existing investors 3one4 Capital, Bertelsmann India Investments, Vertex Growth Fund and Vertex Ventures Southeast Asia and India. The Bengaluru-based…

TyrePlex raises seed round led by AdvantEdge Founders

TyrePlex- India’s leading B2B eCommerce player in the aftermarket tyre vertical raises its seed round led by India’s leading mobility focussed fund AdvantEdge Founders along with other leading Angel Investors. Founded in 2020, by Puneet Bhaskar and Rupendra Pratap Singh formerly with Droom and Snapdeal, along with Nikhil Kalra and Jiveshwar Sharma from Car Dekho,…

Bengaluru-based CredR raises $6.5 mn funding led by Yamaha Motor India

Incredible Technologies Pvt. Ltd. (CredR) has raised Rs 48.1 crore ($6.5 million) in a funding round led by Yamaha Motor India, along with participation of existing investors Omidyar Network India, Eight Roads Ventures and Astarc Ventures. The startup will utilise the funding for consolidating its market position, strengthening technology platform and expanding customer offerings, according…

Beeflow raises $8.3 mn Series A funding led by Ospraie Ag Science, Steve Jurvetson, Jeff Wilke and Others

Beeflow, a leader in crop pollination technologies, announced the close of its $8.3 million Series A financing round, led by Ospraie Ag Science and joined by Future Ventures’ Steve Jurvetson (Board member of Tesla, SpaceX), Jeff Wilke (former Amazon CEO, Worldwide Consumer), Vectr Ventures, SOSV’s IndieBio and Grid Exponential. Beeflow’s pollination technologies help farmers improve yields of crops such…

Oyster raises $50 mn Series B round to expand its global work-from-anywhere HR platform

Oyster, the company that makes hiring talented people around the world compliant, human, and delightful, announced it has raised a $50 million Series B funding round led by Stripes with the continued participation of existing investors Emergence Capital and The Slack Fund and with the addition of Avid Ventures. On the heels of the announcement of Oyster’s $20M Series A just this past February, this new…

Ahmedabad-based Plutomen raises $300K in funding

Plutomen, an Augmented Reality (AR) based self-assistance and remote collaboration platform, announced that it has raised funding of $ 300 k from GUSEC Seed Fund, DeVX venture Fund, and Industry-Tech focussed HNIs. The funding is a mix of equity & CCD. The funding will be deployed to build the sales & marketing team and also to…

Apna raises $70M in Series B funding from Insight Partners & Tiger Global at $570 mn valuation

Apna, the market-leading professional networking and jobs platform for India’s rising working class, has raised a $70 million Series B round led by Insight Partners and Tiger Global. Existing investors, Sequoia Capital India, Lightspeed India, Greenoaks Capital and Rocketship VC have also participated in the round. The investment amounts to an endorsement of Apna’s undisputed…