Striim, a provider of a leading real-time data integration platform, has announced a $50 million Series C financing led by Goldman Sachs Growth Equity. Summit Partners, Atlantic Bridge Ventures, Dell Ventures, Bosch Ventures are also participating in the round. As part of the transaction, Bob Kelly, former Microsoft executive and current Operating Partner for Goldman…
Public App, a location-based social network, has raised Rs 300 crore (about $41.3 million), led by A91 Partners, according to ET report. Existing investors – former Tiger Global top executive Lee Fixel’s Addition, SIG Global and Tanglin Venture Partners also took part in the funding round. Founded by online news aggregator platform InShorts in April…
Gravie, the pioneer of defined contribution healthcare, announced that they have raised $28 million in a Series D round of financing led by AXA Venture Partners (AVP), with participation from existing investors FirstMark Capital, Split Rock Ventures and Revelation Partners. The capital will be used to fuel Gravie’s continued growth through investments in product and…
Bewakoof, a direct-to-consumer (D2C) fashion brand, announced it has raised Rs 30 crore from IvyCap Ventures, according to PTI report. The fresh proceeds would help the company in the growth journey towards a Rs 1,000 crore company by financial year 2024, it said. “Bewakoof has raised Rs 30 crore from IvyCap Ventures Trust Fund II.…
Digbi Health, a leader in clinically proven genetics and gut-microbiome based digital care program for managing obesity and associated inflammatory digestive, skin and cardiometabolic illnesses, announced it has completed $5.4 million in Series A funding led by Accel, with participation from Wisdom LLP and the company’s Seed round backers Ocean Azul Partners and Seraph Venture. …
Pixxel, a Bengaluru-based space technology startup, announced it has raised an additional $2.3 million in seed funding from Omnivore VC and Techstars. Till now, the startup raised a total of $7.3 million in the ongoing seed funding round. Also, the startup has announced its plans to build the world’s highest resolution hyperspectral satellite imaging service. …
Smart Joules, a pioneer in energy-efficiency-as-a-service, announced it has completed a $4.1 million round of Series A funding aimed at expanding its offering across large commercial buildings and industries in India. The funding round saw participation by ADB Ventures (the Asian Development Bank’s venture arm), Sangam Ventures, Max I. Limited, cKinetics Accelerator, Mr. Saket Burman…
OZiva, an India’s Leading Clean Label Active Nutrition Brand combining Modern Food & Ancient Ayurveda, has raised $12 million in a Series B round led by Eight Roads Ventures, the company said in a statement. Other participants in this round include F-Prime Capital and existing backer Matrix Partners India. In June, the company secured $5…
Cyware, the industry’s only Virtual Cyber Fusion platform provider, announced that it raised $30 million in Series B funding round led by Advent International through Advent Tech, as well as Ten Eleven Ventures. Existing investors that include the Prelude Fund (the venture practice at Mercato Partners), Emerald Development Managers, Great Road Holdings and Zscaler also…
Vinata Aeromobility, a startup that develops full autonomous flying car, announced it has plans to raise funding of USD 1 Million for the Initial Product development phase & USD 10 Million in the next three years to bring to fruition the company’s vision to revolutionize urban transportation. With flying car ventures around the world attracting…
Grubtech, an all in one SaaS platform for cloud kitchens and delivery-centric restaurants – has secured $3.4 million pre–Series A funding. Investors included large regional family offices, a US-based venture capital firm as well as reputable angel investors. Having already deployed its solution across hundreds of brands and processed hundreds of thousands of orders, grubtech…
VERSO Capital, the Luxembourg- based boutique merchant banking and financial services company, has announced the successful completion of a serial investment in Nitro Beverage Inc. The additional capital will allow the New Jersey- based maker of fair trade, nitrogen-infused, organic cold brew coffees to expand its product lines and increase retail capacity in the United…
Riskcovry, an insurance-technology startup, has raised $5 million in a Series A round of funding led by Omidyar Network India. Other investors that participated in the round include Pune-based Pentathlon Ventures and Delhi-based DMI Sparkle Fund, along with existing investors Bharat Inclusion Seed Fund, Varanium Capital, and Better Capital. The startup will use the capital…
Esports firm, NODWIN Gaming, announced it has received a minority investment from South Korean Gaming firm KRAFTON. NODWIN Gaming intends to utilize these funds to accelerate the development of esports in South Asia, Middle East and Africa, support talent, provide better gaming infrastructure and technology and conceptualise,organize and execute a multitude of tournament IPs at…
Shoopy, a retail tech start-up, has raised $250,000 seed funding from US-based Campanile Investments and Delhi-based investment firm Redcliffe Capital. The startup will utilise the funds raised to accelerate its growth engine by optimizing its existing products, scaling its platform and business activities to reach out to more customers, and also to come up with…