S4S Technologies, a company using innovative technology to restore and add value to India’s inefficient agricultural supply chain, announced it has closed a $1.75 Million pre-series A round led by Acumen Fund, along with Factor[e] Ventures and (C-SAW). The startup will utilise the current financing to further develop their network of rural women drying partners, expand…
Info Edge said its investee company Zomato has raised $195 million (about Rs 1,455.4 crore) in funding from six investors including Luxor, Kora and Steadview, valuing the online food ordering platform at $3.6 billion, according to PTI report. “Zomato Pvt Ltd has closed a primary fundraise of $195 million from six different investors…The transactions valued…
FrontRow, a Bengaluru and Mumbai-based learning and community platform, has raised $3.2 million in seed funding led by Lightspeed Venture Partners, Elevation Capital (formerly SAIF Partners), and actress Deepika Padukone. The startup will use the funding to fuel expansion, add more courses and categories to its platform and expand its community offering. FrontRow enables everyone…
TrustClarity, a SaaS-based commerce platform that improves the connections between buyers and sellers, announced that it has raised $300,000 in a pre-seed funding round. Investors that participated in the funding round include Baskar Puvanathasan (Co-founder at PagerDuty), Ninetwenty Capital, Sim Nation, Vel Investment Holdings and CRS Recycling Services, along with angels who are former senior executives in the…
BitClass, a startup which offers a platform for independent teachers to conduct online classes, has raised $2 million in seed funding led by Venture Highway. Other investors that participated in the funding round include AET Japan, Figure Eight Investments, and Waterbridge Ventures. Founded in early 2020 by Gunjan Kejriwal and Utsav Tiwary, BitClass is focussed…
CityMall, a social e-commerce startup that sells lifestyle and curated products via peer-to-peer referrals on WhatsApp, has raised $3 million in funding led by Elevation Capital, according to ET report. Other investors that participated in the funding round include Waterbridge Ventures, and Arun Tadanki’s private syndicate on LetsVenture. Founded in 2019 by Angad Kikla, Divij…
MoooFarm, an information technology startup that bridges the technology gap to help marginalized dairy farmers, announced it has raised Rs 4.3 crore in pre-seed funding round from Rockstart and Navus Ventures, according to YourStory report. The startup will use the current financing to boost expansion, strengthen its product-market fit and hire key technology talent to…
Nektar.ai, a business-to-business sales productivity startup, announced that it has raised $2.15 million in a seed funding round led by Nexus Venture Partners. Other investors that participated in the current funding round include Insignia Venture Partners, Arka Venture Labs, Better Capital and Vietnam Investments Group. Nektar plans to utilise the capital to fuel expansion, continue…
Wellness Forever, a ‘Lifestyle Retail Pharmacy Chain’ which focuses on the complete wellness of its customers, announced it has raised Rs 130 crore in funding from Serum Institute CEO Adar Poonawalla and UAE-based Allana Group. Founded in 2008, the startup has been backed by the Allana Group, Patni Group, Poonawalla Group & Thakral Corporation. “We…
GalaxyCard, a mobile based Instant Credit Card platform based in Gurugram, announced it has raised an undisclosed amount of seed funding from a clutch of investors including Samyakth Capital, according to ET report. Founded in 2018 by Amit Kumar and Gunjeet Singh, GalaxyCard claims that credit cards can be made available within three minutes after…
Ather Energy, an electric scooter manufacturer, announced it has raised $35 million in Series D funding round led by Sachin Bansal. The round also saw participation of Hero MotoCorp, who invested $12 million as a part of the Series D funding round. Till now, Sachin Bansal has invested $53 million in the startup. Founded in…
TurboHire, an Intelligent Recruitment platform that specializes in talent acquisition and candidate discovery, announced that it has raised $1 million in a seed funding round led by Pentathlon Ventures. The funding round saw participation from Kia Ora Ventures as well as individual investors Monish Darda, Sanjay Balram and Prabir Jha among others, TurboHire said in…
TUBBR, world’s first personal social network has raised angel funding from Global Ascent Partners and International Growth Consulting & VC fund based in Austin, Texas, according to YourStory report. The Frisco-based startup will use the funds to support TUBBR PRO, which will be unveiled in January 2021. Founded by Saurabh Uttam and Ravi Singhal, TUBBR…
WheelsEMI, a Pune-based specialist in financing pre-owned two wheelers, announced it has raised Rs 105 crore in series C funding from its existing investors Faering Capital and Elevar Equity, according to ET report. Earlier, WheelsEMI had raised Rs 23 crore in series A funding in March 2017, followed by series B funding of Rs 100…
Traya, a healthtech startup announced that it has raised an undisclosed amount of seed funding from Kae Capital and Whiteboard Capital. Angel investors Puneet Kumar from Steadview Capital and Suhail Sameer from BharatPe participated in the current seed funding round. The startup will use the funds for research and development, expanding its product range, detailed…