Live commerce platform Peepul Tree announced it has raised USD 6 million, about Rs 49 crore, in an investment round led by Elevar Equity, according to PTI report. The company plans to utilise the fund to onboard content creators, digitise the artisan supply chain and build technology to bring together artisans, content creators and customers…
D2C startup Gear Head Motors announced it has raised INR 6 crores as part of its seed funding round led by Hemin Shah, Director of Collabera USA, and Sudhakar Moparthy, Director of Skillbanc USA, according to ETAuto report. The fresh funds will be used to expand the startup’s operations across India with their commitment to…
Pheal is a smartphone app that offers innovative physical therapy tools care to physiotherapists while simultaneously improving patient care. Its unique selling points have made this health-tech platform draw a much-needed niche in the practice of physical therapy. Since going live at clinics in July, Pheal, an acronym for ‘physical therapy healing’, has achieved its…
Mumbai-based agritech startup Grow Indigo has raised over $6 million in the recent funding round, according to ET Bureau report. The round saw interest from investors globally including participation from Indigo AG, Mahyco and HNIs. “Grow Indigo has conceptualized the concept of farming carbon as a crop for small holder farmers in India. When implemented…
Former Paytm CFO Vikas Garg’s new startup Kredmint has raised $2 million as part of its first round of funding, according to ETtech report. The round was led by startup entrepreneurs and angel investors, including Cred founder Kunal Shah, BharatPe cofounder Ashneer Grover, Junio cofounder Shankar Nath, Nearbuy founder Ankur Warikoo, and Yatra cofounder Manish…
Wasabi Technologies, the hot cloud storage company, completed its Series D funding round with an additional $15 million in new equity headlined by Azura, SiS Cloud Global Tech Fund 8, and existing investors including Prosperity7 Ventures. Following $125M in equity closed in September 2022, the additional funding brings Wasabi’s Series D to $140 million. Along with its existing debt facility,…
Gurugram-based consumer nutrition platform, HealthKart, has raised $135 million in a Series H financing round led by Temasek. The startup will utilise the funding to expand in international markets and shore up cash to buy firms. The startup, which also counts Sequoia India, Sofina and IIFL among its backers, has raised about $225 million to…
Software provider Prismforce, which helps IT companies digitise their talent supply chain, has raised $13.6 million from investors led by Sequoia Capital India, according to ETtech report. Prismforce said it will utilise the funds to enhance its product suite, strengthen its go-to-market capabilities and grow its talent base. Earlier, Prismforce had raised $1.8 million in…
Covvalent, a startup that operates in the B2B speciality chemicals space, has raised $4.3 million in a seed funding round led by Nexus Venture Partners, according to the ETtech report. The startup, founded this year by IIT Kharagpur alumni Sandeep Singh and Arush Dhawan, operates as a tech-enabled managed marketplace for speciality chemicals such as…
Trelish, a premium coffee brand specializing in instant liquid coffee blends has announced a fundraise of 3.5 Cr in a recent round led by The Chennai Angels. Trelish intends to utilise the funds for geographic expansion, hiring top talent and to further strengthen the brand, a statement said. Co-Founder of Trelish, Kavita Narayanan commented on…
Advanced Navigation, a developer of AI robotics and navigation technology, and KKR, a global investment firm, announced the signing of definitive agreements under which KKR will lead a US$68 million (AUD108 million) Series B funding round in the Company. The funding round includes participation from new investors such as deep learning venture firm AI Capital…
YAHAHA Studios (YAHAHA), the community focussed user-generated content (UGC) metaverse, has announced it has secured a Series A+ investment of USD 40M. The new funding round was led by Temasek and Alibaba and includes investment from 37 Interactive Entertainment. The raise will be used to further grow the YAHAHA product, community, headcount and ecosystem. Since launching…
Play-To-Earn NFT Metaverse project, Trace recently raised over US$3,000,000 in a closed round of seed investments; through private investments by HNI investors. Additionally Trace also raised an additional 500K USD through NFT Sales on the platform. These investments shall be used to develop the Metaverse, work on marketing and acquisitions, as well as brand development. The project, currently a host…
Local butcher stores sourcing and tech enabling startup “The Meat Chop” based out of Chennai on Tuesday announced that it has raised INR 7 crores in seed funding from Mohan K Co-Founder IppoPay, Ankur Agarwal Co-Founder Dunzo, Meenakshi Sundaram, Jaikumar R Co-Founder IppoPay, Rahul Mahipal Founder Capitar Ventures, Omar Bin Brek Founder & CEO Foloosi a UAE based FinTech, Amith D’Souza…
Global pay solutions platform, CloudPay, has raised a new $50 million round of capital led by Runway Growth Capital and The Olayan Group. The new capital will support CloudPay’s continued innovation of its end-to-end enterprise global pay offering, meeting the need for integrated payroll and payments services as well as employee solutions that fit the modern world of…