Ken42, an integrated education platform that caters to evolving needs of institutions and students, bringing them the best of edtech, content, and affiliations, announced that it has raised a funding round of Rs 11 crore led by Turbostart, a national programme for early stage startups. Other investors that took part in the funding round include…
Tag: Startup funding
Emissary raises $6.3 mn funding led by G20 Ventures
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•Emissary, an intelligence network dedicated to helping sales teams accelerate deals, announced that it has raised $6.3 million funding led by G20 Ventures. Other investors that took part in the funding round include PBJ Capital, Converge, and Castor Ventures. “Seeking funding in today’s uncertain market was certainly interesting,” said Emissary’s CEO, Allen Mueller. “Given the…
Nextbillion.ai raises $7 mn Series A funding led by Lightspeed India Partners and Falcon Edge Capital
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•Nextbillion.ai, a startup that offers a wide range of AI-powered hyperlocal solutions, from business mapping to data management, announced that it has raised $7 million in Series A funding, led by Lightspeed India Partners and Falcon Edge Capital. The company said that it will utilise the current financing to grow its team, product and R&D…
Bengaluru-based Samosa Party raises pre-Series A funding from Inflection Point Ventures
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•Inflection Point Ventures, an early stage angel investing platform, announced that it has invested an undisclosed amount of funding in snacking startup Samosa Party, according to a YourStory report. The company will utilise the current financing to scale, and open cloud kitchens across Bengaluru and other Tier-I cities. Samosa Party said it will also use…
Mumbai-based Oziva raises $5 mn funding led by Matrix Partners
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•Oziva, a clean label, plant-based nutrition brand, announced that it has raised $5 million led by Matrix Partners, according to an ETtech report. Existing investor Titan Capital also participated in the funding round. The company will utilise the capital infusion to invest deeper in R&D, technology, team expansion, as well as to widen its customer…
US-based Work Shield raises $4mn in Series A funding round
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•Dallas, Texas-based workplace problems management company, Work Shield recently announced that the close of its Series A financing led by Dallas-based Hoak & Co., in partnership with Jeff Estes and other strategic investors with significant insurance and benefits expertise. The company has raised about $4.11mn in funding and plans to use these funds to bolster…
Gojek’s video app GoPlay independently raises funding
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•Indonesian super app Gojek recently announced that its video streaming platform, GoPlay has closed its first independent funding round. The round was led by ZWC Partners and Golden Gate Ventures. The funding round also saw participation from Openspace Ventures, Ideosource Entertainment, and Redbadge Pacific. With local shows and films attracting larger audiences in Indonesia, the…
Bengaluru-based e-mobility startup Yulu raises fresh funding
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•Yulu, a shared micro-mobility service provider using electric two-wheelers to reduce traffic congestion and air pollution in urban India, announced that it has raised Rs 30 crore in a fresh funding round, according to a VCCircle report. The current financing round has been led by Rocketship.vc, a US-based venture firm. Existing investors also participated in…
Vedantu invests $2 mn in doubt clearing platform Instasolv
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•Vedantu, a Bengaluru-based LIVE online learning platform that enables personalized learning, announced that it has invested $2 million in Instasolv, a doubt clearing app for students from Class 6 to 12, as the live online tutoring platform looks to grow its presence in Tier 3 and Tier 4 cities. The current investment is part of…
Goa-based 91springboard raises Rs45 cr funding from existing investors
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•91springboard, a coworking community of freelancers, startups and established small to large businesses, announced that it has raised Rs 45 crore in funding from its existing investors including Singapore-based marketing technology company Freakout and Shinsei Bank of Japan among others, according to an ETtech report. The Co-working startup said that it has reopened 14 of…
Milkbasket raises $5.5 mn funding led by Inflection Point Ventures
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•Milkbasket, a Gurugram-based micro-delivery startup fulfilling daily grocery and household needs of customers, announced that it has raised $5.5 million in funding led by Inflection Point Ventures. Existing investors also participated in the current funding round. Till now the startup has raised over $38 million in funding. Founded in 2015 by Anant Goel, Ashish Goel,…
Gurugram-based safety-focussed platform DROR raises funding
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•DROR Labs Pvt. Ltd, which operates citizen’s safety technology platform DROR, announced that it has raised funding from Gopi Latpate and Inflection Point (IP) Ventures, according to VCCircle report. The Gurugram-based startup said that it will use the funds to expand its user base, diversify and enhance its service offerings. However, the current amount of…
Volkswagen invests extra $200mn in solid-state battery company QuantumScape
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•German automobile manufacturing giant Volkswagen recently announced that it has increased its stake in US-based solid state battery company QuantumScape. The automaker has recently invested another $200mn in the Stanford University spinout startup to boost the development of solid-state battery technology that aims to increase the ranges of electric cars and shorten charging times. “We…
IIFL to help fintech startups amid Covid-19 crisis
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•IIFL, a leading financial services company in India, announced that it has launched an initiative to support fintech startups that are facing funding and growth challenges due to the COVID-19 pandemic. The initiative, named #IIFLDisrupt, will help fintech startups by providing funds, becoming their first client and giving access to mentors. “COVID-19 has disrupted the…
Spike raises $8 mn Series A funding led by Insight Partners
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•Spike, the conversational work ecosystem that brings your entire workspace into your inbox: email, chat, calendar, calls, team collaboration, and tasks in one place, announced that it has raised $8 million Series A funding led by Insight Partners, a leading global venture capital. Existing investors that participated in the funding round include Wix, NFX and…