Medtech & Biotech startup EzeRx has announced that it has raised Rs 1.75 crore in a seed funding round led by Odisha-based incubator KIIT-TBI, according to YourStory report. Post investment, the startup is valued at Rs 12 crore. The company will use the seed funding to boost expansion. Other angel investors include Sudip Row Chowdhury,…
Tag: Startup funding
Mumbai-based Sugar Cosmetics raises $2 mn debt funding led by Stride Ventures
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•Sugar Cosmetics, a Mumbai-based cruelty-free makeup brand, announced that it has raised $2 million debt funding led by Stride Ventures. The venture debt fund said it has partnered with an Indian private bank for this deal. “In a fiercely competitive landscape, Sugar has managed to stand apart in a short span of time. Their branding,…
Noida-based Supplynote raises Rs4.3 cr in seed funding round
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•Supplynote, a Noida-based supply chain platform, announced that it has raised Rs 4.3 crore in a seed funding round led by US-based SOSV and Australia-based Artesian Ventures, according to ETtech report. Existing investors SucSEED Ventures, CIO Angel Network, Venture Catalysts and a clutch of angel investors also participated in the funding round. Till now the…
Slintel raises $4.2 mn funds from Accel, Sequoia Capital India, others
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•Slintel, an intent-powered sales and marketing intelligence platform, announced that it has raised $4.2 million in a funding round led by Accel, with participation from Sequoia Capital India and existing investor Stellaris Venture Partners. Recently, the startup raised funding from Stellaris Venture Partners and Powerhouse Ventures. The company will use the funding to build its…
Bengaluru-based medtech startup InnAccel raises $1.5 mn in pre-Series A funding round
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•InnAccel Technologies, a Bengaluru-based medical technology innovation platform for global emerging markets, announced that it has raised $1.5 million in a pre-Series A funding round led by Mount Judi Ventures, along with participation from Siraj Dhanani and A Vijayarajan. The startup plans to use the funds in commercialising its products in India and other emerging…
ShopUp raises $22.5 mn Series A funding co-led by Sequoia Capital India, Flourish Ventures
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•ShopUp, a Bangladesh-based full-stack B2B commerce platform for small businesses has raised $22.5 million in Series A funding round. The round was co-led by Sequoia Capital India and Flourish Ventures, along with VEON Ventures, Speedinvest, and Lonsdale Capital. Founded in 2017 by Afeef Zaman, Ataur Rahim Chowdhury, Navaneetha Krishnan J, Siffat Sarwar and Sujayath Ali,…
Chiper raises $12 mn Series A funding from WIND Ventures, Monashees, Kaszek Ventures
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•Chiper, a Latin America’s top e-commerce platform enabling corner stores in the region to grow and thrive, announced it has raised a $12 million Series A round from WIND Ventures, Monashees and Kaszek Ventures. The company, which has built the largest branded network of digitized corner stores in Latin America, will use the money to…
Ayurveda startup NirogStreet raises $2 mn in pre-Series A funding round
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•NirogStreet, a Gurugram-based ayurvedic doctor discovery and appointment booking platform, announced that it has raised $2 million in pre-Series A funding led by Wavemaker Partners and Amand Ventures, along with existing investor Spiral Ventures. The startup will use the current financing for deeper penetration, strengthen technology platform, and digitise the supply chain. The funds would…
Foodtech unicorn Zomato raises additional $52 mn from US-based Kora Investments
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•Zomato, a Gurugram-based foodtech unicorn has announced that it has received an additional $52 million in its ongoing Series J round of funding from Kora Investments. According to the company’s regulatory filings, Zomato has allotted a total of 12,656 Class J5 preferential dividend shares to Kora Investment I LLC, at an issue price of Rs…
Acceldata raises $8.5 mn Series A funding led by Sorenson Ventures
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•Acceldata, the world’s first enterprise Data Observability platform, announced that it has raised $8.5 million in Series A funding led by Sorenson Ventures with participation from Lightspeed and Emergent Ventures. Acceldata’s data observability platform provides cross-sectional visibility into analytical and AI systems for global enterprise customers, including GE, PhonePe (Walmart) and Michelin, and many more.…
Bengaluru-based Avataar.me raises $7 mn funding from Sequoia Capital India
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•Avataar.me, a 3D and Augmented Reality software that helps enterprise customers create immersive shopping experiences for end-users, announced that it has raised $7 million from Sequoia Capital India. Founded in 2014 by Prashanth Aluru, Sravanth Aluru, Gaurav Baid and Mayank Tiwari, Avataar’s vision is to bridge the gap between offline-online experiences by replacing the current…
Bengaluru-based startup Bambrew raises pre-seed funding led by Upsparks
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•Bambrew, a Bengaluru-based eco friendly packaging solution startup, announced it has raised a pre-seed round of funding led by Upsparks, according to YourStory report. LetsVenture, Amity Capital Ventures, Amity Technology Incubator and industry veterans like Kunal Prasad (COO, Cropin) and Prashant Gagneja (Business Head- Tropicana, Pepsico India) also participated in the funding round. Launched in…
Gurugram-based fleet management startup Fleetx.io raises $3.1 mn in pre-Series B funding round
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•Fleetx.io, a Gurugram-based intelligent operating system to optimise fleet and logistics operations, announced that it had raised $3.1 million in pre-Series B funding from existing investors, including Singapore-based Beenext and India Quotient, according to YourStory report. Founded in 2017 by Vineet Sharma, Abhay Jeet Gupta, Udbhav Rai, Parveen Kataria, and Vishal Misra, Fleetx is an…
Mumbai-based Pepper Content raises $4.2 mn in Series A funding round
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•Pepper Content, a mediation platform that connects talented writers to organizations that require content, announced that it has raised $4.2 million in Series A funding led by Lightspeed India. Angel investors that participated in the funding round include Upwork founder Beerud Sheth, Coinbase CTO Balaji Srinivasan, Unacademy cofounder Gaurav Munjal and AngelList’s Utsav Somani. The…
Yotascale raises $13 mn in Series B funding round led by Felicis Ventures
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•YotascaleÂÂ, the industry leader in next-generation cloud cost management software, announced that it has secured $13 million for its Series B round, bringing its total capital raised to $25 million. The round was led by Felicis Ventures’ Aydin Senkut, alongside existing investors, Crosslink Capital, Pelion Ventures, and Engineering Capital. Yotascale’s software provides engineering teams, who…