JetSynthesys, a Pune-based digital entertainment and technology company and part of the Navani family owned JetLine Group of Companies, announced that it has raised Rs 300 crore from existing shareholders to strengthen its gaming and digital entertainment offerings and interest-based social community platforms. Investors that took part in the funding round include Kris Gopalakrishnan, the…
Earth Energy EV, a Mumbai-based startup that aims to develop Efficient, Affordable and Easily adoptable Electric Vehicles for Logistics and Delivery Businesses, announced that it has raised an undisclosed amount of seed funding from LR Joshi, Managing Director at Pranada Bio-Pharma Pvt Ltd, along with other equity investors. The Company said that it will utilise…
NOTO, a Mumbai-based ice-cream brand that makes healthy, low-calorie, low sugar, and high-protein ice-cream, announced that it has raised an undisclosed round of funding in a pre-Seed round led by WEH Ventures, with participation from Lead Angels. The company will utilise the current financing for the acceleration of its marketing operations while it continues to…
Securden, an IT security startup that offers complete control over privileged access, visibility without barriers, and superior access governance across cloud, physical, virtual environments, announced that it has raised $1.2 million seed funding led by Accel Partners. Other investors that took part in the financing round include Freshwork’s Girish Mathrubootham, Eka Software’s Manav Garg, CaratLane’s…
Zolostays, a Bengaluru-based co-living startup, announced that it has raised $56 million Series C funding led by Investcorp, Nexus Venture Partners, Mirae Assets, and Trifecta Capital, among others. Founded in 2015 by Nikhil Sikri, Akhil Sikri, and Sneha Choudhry, Zolostays earlier raised more than $40 million from the likes of IDFC Alternatives; Mirae Asset; Nexus…
PiggyRide, a Bengaluru-based startup that offers cab services for kids, announced that it has raised Rs 14 crore pre-Series A funding from JAFCO Asia, along with a new investor Artha Venture Fund. The company will utilise the fund infusion to scale its product and engineering team, while also going deeper into existing categories within the…
Frontier Markets, a Jaipur-based last mile rural distribution startup that connects rural customers with global products and services, announced that it has raised $2.25 million in a Pre-Series A funding round led by ENGIE Rassembleurs d’Energies, The Rise Fund, and The Singh Family Trusts (advised by Artha Impact). Other investors that took part in the…
Aye Finance, a Gurugram-headquartered new-age finance company providing business loans to small and micro enterprises across India, announced that it has raised about $17 million in debt funding, according to a VCCircle report. Recently, the company raised Rs 210 crore in Series E funding round. Aye Finance said that it had raised the capital from…
Blu Smart, India’s first all electric shared smart mobility platform for efficient, affordable, intelligent, sustainable ride-sharing, car-sharing and scooter-sharing, announced that it has raised Rs 37 crore in a pre-Series A funding round, according to media reports. The Gurugram-based startup raised the capital from Mumbai Angels Network, Inflection Point Ventures and LetsVenture, Entrackr reported, citing…
Inspektlabs, a US and New Delhi-based Inspection AI technology startup that automates inspections of physical items with photos and videos, announced that it has raised $600,000 in a pre-Series A round led by Better Capital, Titan Capital — the investment office of Snapdeal founders Kunal Bahl and Rohit Bansal, and a cluster of angel investors. …
Stride Ventures, a Delhi-based investment firm that provides hands on support to startups for their financing requirements complimenting the equity raise, announced that it has led a debt round of about Rs 25 crore in Bulk MRO, a full-stack B2B platform for industrial supplies. The venture fund has also partnered with one of India’s leading…
Gobbly, a Gurugram-based contactless retail-tech startup run by Rudraksha Tech Labs Pvt. Ltd, announced that it has raised $500,000 in a seed funding round led by Sauce.vc, according to a VCCircle report. The Gurugram-based company has raised this capital from early-stage consumer-focused venture firm Sauce.vc, it said in a statement. Other startups in Sauce.vc’s portfolio…
Big Bang Boom Solutions (BBBS) Pvt. Ltd, a Chennai-based defense startup and a deep tech defense solutions integrator focused on developing indigenous intellectual property, announced that it has raised $1 million from Mumbai Angels Network. Founded in 2018 by Praveen Dwarkanath and Shivaram Ramaswamy, Big Bang is involved in developing technologies focused on the needs…
Zetwerk Manufacturing Businesses Pvt. Ltd, a manufacturing services marketplace that provides global end-to-end manufacturing supply chain solutions, announced that it has raised $21 million Series C funding led by Greenoaks Capital, according to a TechCrunch report. Other investors that took part in the funding round include existing backers Accel, Kae Capital, Lightspeed and Sequoia Capital…
ChitMonks, a blockchain startup with focus on the financial services industry, announced that it has raised $650,000 in pre-Series A funding round from Unicorn India Ventures. The Company will utilise the fund infusion for product development, market expansion, strategic hiring, and further investment in scaling up the current business. Unicorn India Ventures is an early-stage…