Cover It Up, an online merchandise startup that churns out high quality products, has raised Rs 3.5 crore in a seed funding round. Founded in 2014, the Chennai-based company aims to touch revenue of Rs 25 crore by the next financial year, as per ET report. The company has raised its first round of funding…
Tag: Startup funding
Zoomin raises $21 mn funding led by Bessemer Venture Partners, Salesforce Ventures and Viola Growth
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•Zoomin Software, a New York and Tel Aviv-based company that provides knowledge orchestration solutions, announced that it has raised $21 million led by investors Bessemer Venture Partners, Salesforce Ventures and Viola Growth. The funding will be utilised to scale operations throughout the US and EMEA to meet the rising market demand for its solutions, with…
Delhi-based virtual logistics startup Pickrr raises $4 mn funding
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•Pickrr, a end to end SAAS based logistics solutions provider, has raised $4 million funding from investors led by Guild Capital and Omidyar Network India. The startup is backed by angel investors and high net worth individuals. The startup will utilise the funds to expand its business and for product development. “This is a mix…
Mumbai-based Callify.ai raises seed funding
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•Callify.ai, a Voice-Based Candidate Screening & Engagement platform for Talent Acquisition teams, has raised $560,000 in a seed funding round led by Malpani Ventures Startup incubator and accelerator Venture Catalysts, the UAE-based Calega Ventures, The Chennai Angel Network and Marvari Angel Network also participated in this round, the statement said. Founded in 2016 by Chetan…
Noida-based online lingerie brand Clovia raises $4 mn in pre-Series C round
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•Clovia, a lingerie brand that designs and manufactures premium lingerie catering specifically to indian body types, has raised $4 million in a pre-Series C funding round led by a clutch of investors including Golden Birch Investments and SheCapital Venture Fund. The company will utilise the fresh capital to expand into new categories, pushing the brand…
Bengaluru-based content marketing startup Text Mercato raises pre-Series A funding
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•Text Mercato, a company that helps develop content using a custom-built platform and algorithms to deliver quality work, has raised more than Rs 5 crore in a pre-Series A funding led by Windrose Capital and 1Crowd. The startup will utilise the capital to enhance its technological infrastructure, as well as to focus on customer acquisition…
Contractbook raises $9.4 mn in Series A round led by Bessemer Venture Partners
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•Contractbook, a legal tech automation company based in Copenhagen, announced that it has raised a $9.4 million Series A investment round led by Bessemer Venture Partners. Existing investor Gradient Ventures also participated in the Series A round. Earlier, Gradient Ventures, which is Google’s AI-focused venture fund, led the company’s €3.5 million seed round. The new…
Israel-based AI startup Dataloop partners with Indian angel investors to strengthen its presence in India
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•Dataloop, a SaaS platform for AI data annotation and data management focusing on accelerating vision AI, has announced that eight leading angels from India, led by Saket Agarwal of Onnivation have joined the existing investors in the company’s latest funding round. With participation from Umang Bedi, Virendra Gupta, Bikram Singh Bedi, Gaurav Gupta, Salil Musale…
Kolkata-based conversational AI platform Mihup raises $1.5 mn in funding
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•Mihup Communications, a Kolkata-based conversational AI platform, has raised $1.5 million in an ongoing Series A round. The round was led by Accel Partners, Ideaspring Capital, venture capitalists Rajesh Jain (Founder of Netcore), and Jayant Kadambi (Founder and CEO YuMe Networks). Earlier in 2019, Mihup raised $1.7 million in the similar round. The firm will…
Bengaluru-based 5C Network raises $1.2 mn in pre-Series A round
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•5C Network, a radiology platform making Radiodiagnosis more accessible, affordable and accurate, has raised $1.2 million in its pre-Series A funding round from existing investors Unitus Ventures and Axilor Ventures. The company will use the fresh capital to boost its products and services that help doctors and patients make better decisions, Kalyan Sivasailam, CEO at…
Gurugram-based Rivigo raises Rs140 cr from Warburg Pincus-controlled SCIL
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•Rivigo, a technology company that is building the material movement pipeline of India and making logistics human, faster, safer and cost-effective, has raised Rs 140 crore from Warburg Pincus’ affiliate Spring Canter Investment Ltd (SCIL), according to Entrackr report. SCIL is a Mauritius-based investment holding company and its shareholders are certain private equity funds managed…
MobiKwik bags Rs 52 cr funding from HT group, Kris Gopalakrishnan’s family office
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•MobiKwik, a Gurugram-based fintech company, has raised Rs 52 crore in funding, led by Hindustan Media Ventures, the investment arm of HT group, according to PTI report. The funding round also saw participation from Infosys co-Founder Kris Gopalakrishnan’s family office, Pratithi, a statement said. The fresh capital will be used for growth in all key…
SaaS startup Swipez raises equity funding led by Anicut Angel Fund
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•Swipez, a Mumbai-based SaaS platform that provides a common platform for all types of merchants to manage their billing and collect payments, has secured an undisclosed amount of equity funding led by Anicut Angel Fund, according to VCCircle report. At Anicut Angel Fund, the round was led by Venkatesh Ramarathinam, chief executive officer of Vuram…
mod.io raises $4 mn seed round led by Makers Fund and Sequoia Capital India’s Surge
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•Makers Fund, a global venture capital fund specializing in interactive entertainment, has announced a $4 million seed round for mod.io, a cross-platform UGC and modding service platform. The funding round was co-led by Sequoia Capital India’s Surge, with participation from Play Ventures, GameTech Ventures, and Machinefloor. The company will utilise the current funding to simplify…
LambdaTest nabs $6 mn funding from Sequoia Capital India’s Surge
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•LambdaTest, a cloud-based browser testing platform that allows users to seamlessly test public or locally hosted web apps across 2000+ different browsers, OS, resolutions, and devices, announced it has raised $6 million in funding led by Sequoia Capital India’s Surge, a rapid scale-up programme for startups in Southeast Asia and India. Other investors that took…