MPowered, a Gurugram-based asset management firm, announced that it has raised a $21 million pre-series A funding round led by a group of US-based HNIs investors. The round is led by serial entrepreneurs Ashok and Shelly Nichani. The funding will be used by the firm to invest in real estate verticals such as warehousing, residential…
Ripsey, a health food delivery startup based out of Mumbai, announced that it has raised Rs 1 crore from a US based investor in its ongoing pre-Series round of Rs 2 crore through ah! Ventures angel platform. Recently, the startup had raised Rs 1 crore in an undisclosed seed round. The startup will utilise the…
Zeotap, a Customer Intelligence Platform (CIP) that helps companies better understand their customers and predict behaviors, to invest in more meaningful experiences, announced that it has raised $42 million in Series C funding round as it plans to double down on its product offerings. The company has raised new capital from Germany-based Neue Capital, European…
PumPumPum, a Gurugram-based startup to offer ‘used car leasing’ in the corporate and retail segment, announced that it has raised Rs 2.2 crore seed funding from LetsVenture Syndicate, led by Pallav Pandey (former Co-founder and CEO, Fastfox). Other angel investors who participated in the round include Ritesh Malik (Founder and CEO, Innov8), Shobhit Shukla (Co-Founder,…
Glympse Bio, a biotechnology company advancing the way diseases are understood, tracked, and treated, announced that it has raised $46.7 million Series B financing. The proceeds from the financing will support continued development of Glympse’s novel biosensor platform in fibrotic diseases such as Non-Alcoholic Steatohepatitis (NASH), oncology, and infectious diseases. The financing round was led…
Caption Health, a medical artificial intelligence (AI) company, announced that it has raised $53 million in Series B funding led by existing investor DCVC. New investors Atlantic Bridge and cardiovascular medical device leader Edwards Lifesciences also participated in the funding round, along with existing investor Khosla Ventures. The company will utilise this funding to scale…
TeleTeachers, a provider of engaging and effective technology-enabled learning and therapy solutions, announced that it has completed a $2,785,000 Series A equity private placement, with lead investors Seyen Capital’s Senior Managing Director George Spencer and Jerry Putnam. Post funding, Putnam and Spencer will serve on the TeleTeachers Board of Directors, representing the investor group, along…
goDutch, a Mumbai-based new-age fintech platform that powers group payments for millennials, announced that it has raised $1.7 million seed funding led by venture capital firm Matrix India along with investors including Y Combinator, Global Founders Capital, Soma Capital, and VentureSouq. Angel investors that took part in the current financing round include Justin Mateen, co-founder…
Plum, a Bengaluru-based group health insurance startup that works with corporates, announced that it has raised Rs 7 crore seed funding led by Incubate Fund India, according to YourStory report. Other investors that took part in the seed funding round include Gemba Capital and Tracxn Labs along with angel investors, including Abhijit Gupta and Ram…
Yumlane, a Mumbai-based cloud kitchen startup owned by Qwikpik Technology Pvt Ltd, announced that it has raised $1 million pre-Series A funding led by Jetty Ventures. Yumlane will utilise the funds for expansion in new cities and hiring. The startup currently has 30 PoDs across Bengaluru and Pune. The startup was founded in March 2016…
ParkSmart, a Delhi-based parking spot reservation platform founded by IIT Delhi Alumni, announced that it raised Rs 1.5 crore from ah! Ventures, with participation from Marwari Angels, according to a YourStory report. Founded in 2019 by IIT Delhi graduates Prateek Garg, Vishva Sharma, Rahul Gupta, Rishabh Nagpal and Ratan Sethi, ParkSmart helps users to search…
Mystifly, a Singapore and Bengaluru-based air retailing and payments platform, announced that it has raised $3.3 million pre-Series B funding from existing investor Recruit Co., Ltd, according to the YourStory report. Earlier in 2016, the company had raised Series A funding led by Recruit. “The new fund raise is significant with the global aviation industry…
GigIndia, a tech startup that empowers businesses to scale effectively by providing on-demand work completion at scale via gig (variable) workforce, announced that it has raised Rs 7.3 crore pre-Series A funding round led by Japan-headquartered Incubate Fund India with participation from Beyond Next Ventures. Existing angel investors that took part in the funding round…
GAIL (India) Limited announced plans to invest in startups operating in the area of Compressed biogas (CBG) through its Start-Up initiative ‘Pankh’. GAIL said that it has opened a fresh round for Solicitation of Investment Proposals from Start-Ups operating specifically in the area of CBG. The Start-Ups that are interested in equity investment from GAIL…
Zomentum, a startup that builds sales solutions for managed services providers, announced that it has raised $4.1 million seed funding from Accel and SAIF Partners. The company will utilise the fund infusion to hire sales teams to service locations outside of North America, apart from investing in building its product and adding more tools to…