RedStart Labs (India) has invested close to Rs 1 crore in Bengaluru-based health technology startup BrainSightAI, according to PTI report. RedStart Labs is a wholly-owned subsidiary of technology company InfoEdge. RedStart holds 4 per cent stake in BrainSightAI on a fully converted and diluted basis. However, aggregate shareholding of the company after the current investment…
Clensta International Pvt. Ltd, which operates the D2C brand Clensta raised funding from Bollywood actress Parineeti Chopra, according to VCCircle report. Founded in 2016 by Puneet Gupta, Clensta began with products based on waterless technology (waterless body bath and shampoo) to enable bathing without the use of water. In 2021, the Gurugram-based startup raised over Rs 20…
Gooten, a global provider of order management technology for on-demand manufacturing, announced the closing of $11 million of Series A funding. The round was led by KEC Ventures, with participation from INX International, Tech Pioneers Fund, and other existing investors. As part of the round, Will Geiger of Touchdown Ventures will join Gooten as a board observer on behalf…
Avaada Group, a leading integrated energy platform, has announced the successful closure of INR 10,700 crore ($1.3 billion) funding round, marking a historic moment for the green energy industry in Asia and India’s renewable energy sector. This funding round is the largest equity round ever raised by any green energy company in Asia. The funding will be used to bolster Avaada’s green…
Manufacturing startup Frigate announced that it has successfully raised their Seed round of $1.5M led by Arali Ventures with participation from Capital-A, Java Capital, and other strategic angel investors. With the new round of funds, Frigate will expand its digital manufacturing ecosystem to cater to its global customer base. Founded in 2021 by Dr. Tamizhinian…
Leverage Edu, a Noida-based overseas-focused higher education counselling platform run by Leverage EdTech Pvt Ltd, announced it has secured Series C funding of $40 million led by Princeton-based language testing conglomerate ETS, according to VCCircle report. The round also saw participation from its existing investors like Blume Ventures, DSG Consumer Partners and Kaizenvest PE. The existing round, valuing the…
Kaar Technologies, a Business-to-business (B2B) software consultancy firm, raised around $30 million in its recent funding round led by A91 Partners, according to moneycontrol report. Gautam Mago and Kaushik Anand, partners at A91 Partners, will join the Board of KaarTech, the company said on July 3. “This association with A91 will bolster our ability to…
Micro, small and medium enterprise (MSME)-focused lending platform Indifi Technologies said that it has raised Rs 290 crore (or roughly $35 million) as part of its latest round of funding, according to ETtech report. The round was led by funds managed by ICICI Venture, along with participation from existing investors, including British International Investment, OP…
TradingLeagues, a fantasy gaming platform for the financial market, has raised $3.5 million from Leo Capital, Jeejeebhoy Family Office and the family office of KP Balaraj who is founder of Sequoia India and Westbridge Capital, in a pre-Series A funding round, according to moneycontrol report. Founder Raghu Kumar who had also co-founded Upstox, has been involved with financial markets through his entire…
Aleph Farms, a cellular agriculture company designing new ways to grow quality animal products, announced that Chef Marcus Samuelsson is joining the company as an investor, culinary advisor and launch partner. Through much of his rise to fame as the celebrity chef behind 13 restaurants around the world, a New York Times best-selling author and a TV personality, Samuelsson…
Heliware, a geospatial tech start-up has raised a total of 7cr in pre-series A round, with participation from investors including JITO Angel Network Promoted by JITO Incubation and Innovation Foundation, TiE and the round was led by Amit Engineers. Rajan Srivastav, Chief Executive Officer, Heliware said, “Heliware’s journey from start-up to geospatial tech leader is solely…
ZestIoT, an IoT and AI powered aviation platform empowering the aviation ecosystem to digitize last-mile operations, enhance operational efficiencies, and introduce predictability in day-to-day operations, announced that it has secured 6.5M USD (51Cr INR) in series A funding, led by IvyCap Ventures Pvt Ltd, a leading homegrown venture capital firm. The round also saw participation…
QuickReply.ai, a WhatsApp marketing platform, announced that it has raised $1.14 million in a round led by Leo Capital, which infused $0.75 million, according to ETtech report. Other investors, including Pentathlon Ventures, GSF, Deepak Diwakar (cofounder, MindTickle), Azhar Iqubal (cofounder and CEO, Inshorts), and Dinesh Agarwal (founder and CEO, Indiamart), also participated in the seed…
Direct-to-consumer pop culture apparel startup The Souled Store has raised Rs 135 crore in a funding round led by Xponentia Capital, according to ETtech report. Existing shareholders Elevation Capital and RPSG Capital, an early-stage consumer VC fund from RP-Sanjiv Goenka group, also participated in the new round. The D2C brand will use the capital to…
Electric vehicle charging infra platform CHARGE+ZONE announced raising $54 million (Rs 450 crore) in Series A1 funding round led by global impact investment management firm BlueOrchard Finance, according to PTI report. Additionally, the company plans to raise $75-100 million in equity as part of Series A2 during 2023-2024, CHARGE+ZONE said in a statement. The current…