Obviously AI, a San Francisco-based data science platform, announced it has raised an undisclosed amount from Arka Venture Labs. According to a media report, Arka Venture Labs is known to invest nearly $500k in startups, and participates in Pre-Series A rounds. Obviously AI will use the latest funding to ramp up its sales. Founded in…
Recko, a Bengaluru-based fintech startup, announced it has raised $6 million Series A funding led by Vertex Ventures Southeast Asia and India. Existing investor Prime Venture Partners also took part in the funding round. The startup will utilise the current funding towards hiring, product development, and expanding its presence outside India. Recko was founded in…
Camp K12, a Gurugram-based education technology startup, announced it has raised $4 million seed funding co-led by Matrix Partners and SAIF Partners. The company has built an online tutoring platform for students in kindergarten to 12th grade, which it has rolled out in India first. The startup was initially started out as a code school,…
Kitchens Centre, a New Delhi-based cloud kitchen startup that provides ready-to-move-in, fully equipped, and compliant kitchens along with the essential technology to delivery-only restaurants, announced raising $500,000 seed funding led by AngelList India. Other investors that took part in the funding round include: Utsav Somani (Partner, AngelList India), Jake Zeller (Partner, AngelList), Jonathon Swanson (Co-founder,…
Mumbai-based online beauty retailer Nykaa recently announced that it has raised ₹100Cr from existing investor Steadview Capital. Nykaa had earlier raised ₹100Cr from Singapore-based investment firm TPG Growth at a valuation of $724mn in March 2019. It was also being speculated for quite some time now that Nykaa has been planning for larger funding round…
Thiruvananthapuram-based neo-diagnostics startup Sascan Meditech Pvt. Ltd has recently raised an undisclosed amount of funding from Mumbai-based venture capital firm Unicorn India Ventures. The recent fund infusion by Unicorn India Ventures follows the first closure of its second fund at $12mn. SaScan is an innovative neo-diagnostics startup developing integrated hardware and software solutions for medical…
QTalk, a smartphone dialer designed to make phone calls stress free has now secured $1.6 million in the seed funding round led by the LightSpeed Venture Partners and Accel India to accelerate product and market development. QTalk is the only public product of Quiph Media Private Limited that initiated operations in early 2018. Founded by…
CoreStack, a Seattle- Chennai based, venture-backed, Enterprise-Cloud Governance Technology Startup with R&D Centre in Chennai, recently announced an $8.5 million in Series A Financing round led by Naya Ventures with participation from strategic investors. With the recent funding, the company plans to add 20 more cloud specialists to its existing workforce of 64 in its…
Binance Group, a global decentralised cryptocurrency exchange, announced setting up of a $50 million blockchain technology fund for India. This comes after a recent Supreme Court ruling that had overturned Reserve Bank of India notification that had restricted banking access for virtual currency trading in the country. The fund will be utilised to invest upwards…
ZunRoof, a Gurugram-based smart energy solutions startup, announced it has raised $3 million Series A funding from Godrej Investment Office. Earlier also, Godrej had invested $1.2 million in the company in its Pre-Series A funding round that took place in 2019. As per the Company’s statement, ZunRoof aims to resolve the affordability issue of solar…
Singapore-based payments startup “hoolah” recently announced that it has closed an eight-figure investment through its Series A funding round. The funding round was led by venture capital firm Allectus, iGlobe Ventures, Genting Ventures and angel investors like former Lazada group CEO Max Bittner, and FNZ CEO Tim Neville. With the infusion of capital, hoolah plans…
Bengaluru-based real-estate tech startup, Strata recently announced that it has raised $1.5mn in a seed funding round led by SAIF Partners and Mayfield India. PropStack, a real-estate data analytics platform, along with three other angel investors also participated in the round. The company plans to use these funds for hiring in tech and investor relations…
Trell, a Bengaluru-based lifestyle-community-commerce platform, announced that it has raised a $4 million pre-Series A round led by Sequoia Capital India’s Surge, Fosun RZ Capital and KTB Network. Existing investors such as Beenext, WEH Ventures and Sprout Ventures also participated in the funding round. Post current funding, the company has raised $5.5 million till now.…
Deeptech startup AjnaLens recently announced that it has raised $1.5mn in Pre-Series A funding round. The funding was led by Maharashtra Defence and Aerospace Venture Fund (MDAVF). Other investors include Mohsin Group and high-net worth-individuals (HNI) like Nailesh Khimji, Chirayu Khimji and Jay Jesrani. It is understood that the company will use these funds to…
Bengaluru and San Francisco-based Hasura recently announced that it has raised $9.9mn in Series A funding round led by Vertex Ventures US. The funding round saw participation from existing investor Nexus Venture Partners and Strive VC along with SAP’s early-stage venture arm SAP.iO Fund. Hasura works to solve developer problems around connecting to databases when…