Tag: Startup funding

Bengaluru-based wealthtech startup Fisdom raises $7 mn funding led by PayU

Fisdom, an automated investment service provider that manages a personalized online investment account, has raised $7 million in new funding led by PayU.  Existing investors Sama Capital and Quona Capital also participated in this funding round, the company said. Founded in 2015 by Anand Dalmia, Ramganesh Iyer, Subramanya S.V. and Subramanya Venkat, Fisdom is a…

Bengaluru-based Signzy bags $3 mn funding from Vertex Ventures

Signzy announced that it has raised $3 million from Vertex Ventures, expanding its latest funding round to $8.4 million. Signzy has recently raised $5.4 million in a financing round led by Arkam Ventures and Mastercard, along with existing investors Kalaari Capital and Stellaris Venture Partners.  Signzy offers a ‘no-code AI platform’ that helps financial service…

Raskik raises $1 mn in pre-Series A funding led by Venture Catalysts, 9Unicorns

Raskik, a fusion beverages startup, has raised $1 million in pre-Series A funding round led by Venture Catalysts and 9Unicorns, according to YourStory report. Other investors Syed Safawi (ex-CEO, Reliance Communications); Snapdeal’s Founders Kunal Bahl and Rohit Bansal; Santosh Desai (MD and CEO Future Brands) ANAA International LLC; Amit Jain (CEO L’Oreal India) Promoters of…

Learning platform Kyt raises $2.5 mn funding led by Sequoia’s Surge

Kyt, an online-first, global academy for extracurriculars, designed by the best educators from around the world, announced it has raised $2.5 million in funding led by Sequoia Capital India’s Surge. The capital will be used to expand its online-first, global academy for extracurricular learning. It has plans to add more courses, including chess, various musical…

Let’s Dive raises $1.7 mn funding led by Sequoia Capital India’s Surge

Let’s Dive, a Bengaluru-based platform for remote employee engagement and building team culture, announced it has raised $1.7 million in funding led by Sequoia Capital India’s Surge, according to ET report. The funding round also saw participation from Village Global and angel investors like Ravish Naresh, founder of Khatabook, and Sai Srinivas, cofounder of Mobile…

Kaagaz Scanner secures funding from Pravega Ventures, Axilor Ventures, and others

Kaagaz Scanner, a Indian document scanning and storage app, has raised $575,000 in a funding round led by Pravega Ventures, alongside Axilor Ventures, Better Capital and a few prominent angel investors, including Phanindra Sama (Founder of RedBus), Farooq Adam (Founder of Fynd) and others.  Launched in 2020 by Snehanshu Gandhi, Gaurav Shrishrimal and Tamanjit Singh…

Grip raises equity funding from Anicut Angel Fund and Gemba Capital

Grip Invest, an investment platform that allows retail investors to make small ticket investments in physical assets that earn lease income, has raised an undisclosed round of equity funding led by Anicut Angel Fund and Gemba Capital. Angel investors Anupam Mittal, Sunjay Kapur and Maninder Gulati also participated in the funding round.  Founded in 2020 by…

Mumbai-based trading platform AlgoBulls raises funding from Venture Catalysts

AlgoBulls Technologies Pvt Ltd, an algorithmic trading platform focussed on stock markets, has raised funds from startup incubator and accelerator Venture Catalysts. Financial details of the funding remain undisclosed. Founded in 2019 by Suraj Bathija, Jimmit Patel and Pushpak Dagade, AlgoBulls provides its customers with Fully Automated Algorithmic Trading & ready-to-use stock market knowledge.  “The…

Health insurance startup Plum raises funding led by Sequoia’s Surge

Bengaluru based group health insurance startup Plum has raised slightly over Rs 30 crore (approximately $4.04 million) in funding, according to a report. The company has raised funds from Sequoia’s Surge, the accelerator and early-stage investment programme of marquee venture capital firm Sequoia, Entrackr reported. Other participants include IF India Partnership, Tanglin Ventures, AngelList and…

Fintech startup Modulr bags investment from PayPal Ventures

Modulr, a leading Payments as a Service API platform based in London, has secured a £9 million investment from PayPal Ventures to develop additional products, grow its team and expand its customer base. Modulr enables digital businesses and software platforms across lending, banking, fintech, travel, employment services and accounting to easily embed and build new…

Delhi-based personal care startup Arata raises $1 mn in pre-Series A funding round

Arata, a Delhi-based personal care startup that sells nature-derived, vegan and chemical free unisex skin and hair care products, announced it has raised $1 million in pre-Series A funding round from Nikhil Vora (Founder and CEO of Sixth Sense Ventures) and Rohan Vaziralli. Existing investor DSG Consumer Partners also participated in the funding round.  The…

Healthtech startup Prescribe raises Rs1 cr in seed funding

Prescribe, a healthtech startup that provides IT solutions to doctors, clinics & hospitals by leveraging user friendly platforms, has raised Rs 1 crore in seed funding round led by Titan Capital, along with AngelList syndicate and Curofy founders.  The startup will use the current financing to fuel expansion, grow its sales team, engage in strategic…

Zeotap bags $18.5 mn Series C funding from SignalFire

Zeotap, a Customer Intelligence Platform (CIP) that helps companies better understand their customers and predict behaviors, announced it has raised an additional $18.5 million in Series C funding round from SignalFire, a data-driven venture capital firm. The company has also added Chris Scoggins and Taylor Barada to its board.  The latest investment was made from…

Mumbai-based PlayerzPot raises around $3 mn in Series A funding round

Fantasy gaming startup PlayerzPot announced that it has raised around $3 million in Series A funding round, according to YourStory report. The startup will utilise the current funds to expand its verticals and introduce concepts to enhance user experience, make advancements in RMG, and its overall brand building. Commenting on the development, Yogesh Doiphode, Founder…

Bengaluru-based Instamojo raises undisclosed amount of fresh funding

Instamojo, a full-stack transactional platform aimed at bringing small business online, has announced that it has raised an undisclosed sum of funding from investors including the venture arm of Japan’s Gunosy. In a blog post, the Gunosy Capital Pte Ltd said it had made an additional investment in Instamojo.  As per Entrackr report, the investment…