Fanztar raises 5 Cr in funding led by India Quotient and ShareChat founders

Posted on May 12, 2022May 12, 2022Categories Funding News   Leave a comment on Fanztar raises 5 Cr in funding led by India Quotient and ShareChat founders

The Web3 startup eyes scaling existing operations, strengthening team and launching the product post funding Fanztar, a web3 platform for the creator economy, today announced that it has raised 5 Cr in Seed funding led by India Quotient, a seed-to-early-stage venture capital firm having invested in over 100 startups. The funding series also saw participation from ShareChat Founders – Ankush Sachdeva, Bhanu Pratap Singh & Farid Ahsan along with Sarthak Misra (Softbank India), Manohar Charan (CFO, ShareChat) and Tarsame Mittal … Continue reading “Fanztar raises 5 Cr in funding led by India Quotient and ShareChat founders”

Advocating Zero Silk Waste, ReshaMandi invests in Skincare brand Healios Wound Solutions

Posted on May 11, 2022May 11, 2022Categories Funding News   Leave a comment on Advocating Zero Silk Waste, ReshaMandi invests in Skincare brand Healios Wound Solutions

ReshaMandi, India’s first and largest digital ecosystem for natural fibre supply chain has made its foray into the skincare segment by making a substantial investment in Bangalore based skincare brand Healios Wound Solutions. The investment will allow Healios to expand its silk protein based skincare range and market it to a wider audience looking for natural, sustainable and environment-friendly skincare products.Sericin has unique antioxidant, anti-ageing, moisture retention, and depigmentation properties, which makes it an ideal ingredient in any skincare line. … Continue reading “Advocating Zero Silk Waste, ReshaMandi invests in Skincare brand Healios Wound Solutions”

Tech Start-Up Bizzo Garners USD 2 Million in Funding from ICICI Bank-Led Group of Investors

Posted on May 5, 2022May 5, 2022Categories Funding News   Leave a comment on Tech Start-Up Bizzo Garners USD 2 Million in Funding from ICICI Bank-Led Group of Investors

The funds will help to further solidify Bizzo’s vision of digitally empowering India’s SMB ecosystem Bizzo, a Covid-born tech start-up launchedto empower digitisation of small and independent service businesses, has received the financial backing of USD 2 million from a strong investor community led by ICICI Bank and Orios Venture Partners. With this fresh funding infusion, Bizzo will accelerate its plan to help service-preneurs to digitally build, scale and organise their businesses. Bizzo’s funding announcement is in tandem with several … Continue reading “Tech Start-Up Bizzo Garners USD 2 Million in Funding from ICICI Bank-Led Group of Investors”

STARTUP ACCELERATOR, MARWARI CATALYSTS AIMS TO RAISE $10M AT A VALUATION OF $90M AFTER CLOSING ITS LAST ROUND AT $20M

Posted on May 2, 2022May 2, 2022Categories Funding News   Leave a comment on STARTUP ACCELERATOR, MARWARI CATALYSTS AIMS TO RAISE $10M AT A VALUATION OF $90M AFTER CLOSING ITS LAST ROUND AT $20M

MCats is a family of 40+ portfolio startups. Represents 100+ co-founders club. MCats is a family of 35% portfolio startups led by women co-founders. The accelerator holds a strong network across Tier II & Tier III cities. The fresh fund will be utilised to scale up the startups, strengthen the ecosystem and foray into new markets. MCats is purely category-specific Accelerator and not an Incubator or Angel Network. India’s startup ecosystem enabler, Marwari Catalysts, aims to raise $10M at a … Continue reading “STARTUP ACCELERATOR, MARWARI CATALYSTS AIMS TO RAISE $10M AT A VALUATION OF $90M AFTER CLOSING ITS LAST ROUND AT $20M”

Prakriti E-mobility secures lead investment from Europe’s IEG as part of its USD 5 million Pre-Series A round

Posted on April 19, 2022April 19, 2022Categories Funding News   Leave a comment on Prakriti E-mobility secures lead investment from Europe’s IEG as part of its USD 5 million Pre-Series A round

·         Plans to expand its EV charging stations across India ·         Plans to expand its EV fleet ·         Plans to introduce technological advancements in its mobile application ‘Evera’ Prakriti E-mobility, a leader in electric mobility in India, has secured a lead investment from Europe’s growth-focused IEG Investment Banking Group as part of its USD 5 million Pre-Series A funding round. With this investment, the company plans on implementing technological advancements, expansion of EV fleet and empaneling EV charging stations into its mobile application … Continue reading “Prakriti E-mobility secures lead investment from Europe’s IEG as part of its USD 5 million Pre-Series A round”

Healthy and sustainable grocery startup Wildermart raises USD 320K seed funding round from Angel Investors

Posted on April 12, 2022April 12, 2022Categories Funding News   Leave a comment on Healthy and sustainable grocery startup Wildermart raises USD 320K seed funding round from Angel Investors

To accelerate customer acquisition & retention, build brand salience and hire right talent Wildermart, a Bengaluru-based healthy and sustainable grocery store start-up has raised USD 320K seed funding round from Angel Investors to accelerate customer acquisition & retention, build brand salience and hire right talent. Wildermart has successfully attracted an interesting mix of investors who are prominent names across industries. The group of angel investors includes Sairee Chahal – Founder, Sheroes, Anand Rangaswamy, EX-CEO, Latam and UK Godrej Consumer Products … Continue reading “Healthy and sustainable grocery startup Wildermart raises USD 320K seed funding round from Angel Investors”

Nazara invests USD 2.5 Million in US Based Game Fund BITKRAFT Ventures

Posted on April 5, 2022April 5, 2022Categories Funding News   Leave a comment on Nazara invests USD 2.5 Million in US Based Game Fund BITKRAFT Ventures

Nazara Pte. Ltd., a wholly owned subsidiary of Nazara Technologies Limited (BSE: 543280) (NSE: NAZARA) an India based, diversified gaming and sports media company announced their investment in US Based Game Fund BITKRAFT Ventures. Nazara will invest USD 2.5 Million in BITKRAFT Ventures out of which USD 0.875 Million will be invested upfront, while the balance investment amount of USD 1.625 Million will be deployed over a period of three years.BITKRAFT Ventures (https://www.bitkraft.vc/) is a leading investment platform for gaming … Continue reading “Nazara invests USD 2.5 Million in US Based Game Fund BITKRAFT Ventures”

Curelink raises USD 3.5 million in Seed Funding led by Elevation Capital and Venture
Highway

Posted on March 16, 2022March 16, 2022Categories Funding News   Leave a comment on Curelink raises USD 3.5 million in Seed Funding led by Elevation Capital and Venture<br>Highway

Curelink, a health-tech platform that seamlessly connects doctors to patients via Whatsapp, announced today that it has raised USD 3.5 Mn in Seed funding led by Elevation Capital and Venture Highway. The round also saw participation from Digital Sparrow Capital and prominent angels such as Vijay Shekhar Sharma (Paytm), Ankush Sachdeva and Farid Ahsan (Sharechat), Gaurav Agarwal, Prashant Tandon (Tata 1mg), Rajat K. Dhawan (McKinsey), Rohit M.A. (Cloudnine), Ritesh Malik (Innov8) and Harsh Mahajan (Mahajan Imaging) among others. Founded by … Continue reading “Curelink raises USD 3.5 million in Seed Funding led by Elevation Capital and Venture
Highway”

Snapmint raises USD 9 Million to power dreams of millions of shoppers across India

Posted on March 1, 2022March 1, 2022Categories Funding News   Leave a comment on Snapmint raises USD 9 Million to power dreams of millions of shoppers across India

Snapmint, a Mumbai-based fintech start-up, announced that it has raised $9 million in its Series A funding from a clutch of marquee investors and industry leaders led by Prashasta Seth, CEO & CIO of Prudent Investment Managers. The round also saw participation of 9 Unicorns, Anicut Capital, Negen Capital, Livspace founder Ramakant Sharma, Usama Fayyad – Chairman of Open Insights and head of Institute for Experiential AI at Northeastern University, among other angel investors. Snapmint, a BNPL (Buy Now Pay … Continue reading “Snapmint raises USD 9 Million to power dreams of millions of shoppers across India”

Dexalot Raises $7M to Build Order Book DEX on Avalanche Led by Blizzard Fund

Posted on February 28, 2022Categories Funding News   Leave a comment on Dexalot Raises $7M to Build Order Book DEX on Avalanche Led by Blizzard Fund

Dexalot, a new project building a decentralized order book exchange on Avalanche, has collected $7 million in funding led by Avalanche’s Blizzard Fund (“Blizzard”) and with participation from a number of Avalanche ecosystem players and DeFi investors. In addition to Blizzard, Avalanche ecosystem investors include Avalaunch, Colony, Benqi, AVentures, and Avascan. Other partners who joined are Republic Capital, GSR, Muhabbit Capital, Woodstock Capital, Maven Capital, and IPC. Dexalot is a Central Limit Order Book (CLOB) exchange running on the EVM-compatible … Continue reading “Dexalot Raises $7M to Build Order Book DEX on Avalanche Led by Blizzard Fund”

Facilio raises $35M Series B from Dragoneer & Brookfield to Transform Real Estate Operations with AI

Posted on February 22, 2022February 22, 2022Categories Funding News   Leave a comment on Facilio raises $35M Series B from Dragoneer & Brookfield to Transform Real Estate Operations with AI

Plans to Expand Its Team, Deepen Its Global Penetration and strengthen its R&D initiatives Facilio, the property operations software platform leader, today announced it has raised $35 million in Series B led by Dragoneer Investment Group with participation from Brookfield Growth and existing investors Accel India and Tiger Global Management. Founded in 2017, Facilio offers a unified software platform that leverages an AI-led predictive engine to help real estate portfolios digitize processes and optimize their property operations. Replacing the traditional and siloed … Continue reading “Facilio raises $35M Series B from Dragoneer & Brookfield to Transform Real Estate Operations with AI”

GROWFITTER RAISES ADDITIONAL $120K FROM DEVX VENTURE FUND

Posted on February 17, 2022February 17, 2022Categories Funding News   Leave a comment on GROWFITTER RAISES ADDITIONAL $120K FROM DEVX VENTURE FUND

 Funding will be used to grow membership, users   Grow Tech capabilities to offer more user-immersive experiences Also, to widen & deepen interactions with health, wellness & fitness industries GrowFitter, India’s biggest incentivized wellness platform, today announced that it has raised additional $120K from DevX Venture Fund, the investment arm of DevX Coworking & Accelerator. The platform’s stated vision is to motivate individuals and families to adopt an active and healthy lifestyle. GrowFitter is a machine learning technology startup building the health quotient of … Continue reading “GROWFITTER RAISES ADDITIONAL $120K FROM DEVX VENTURE FUND”

Actyv.ai raises USD $5 million

Posted on February 16, 2022February 16, 2022Categories Funding News   Leave a comment on Actyv.ai raises USD $5 million

Actyv.ai, an AI-powered Enterprise SaaS platform with BNPL for B2B embedded, has raised USD $5 million in a Pre-Series A funding round from Dubai-based 1Digi Investment management firm, the family office of Raghunath Subramanian, Global CEO, Actyv.ai. Having established a foothold in India, Actyv.ai plans to scale and expand globally. “We have pioneered the B2B BNPL space in the closed loop ecosystem comprising Enterprises, SMBs and Financial Institutions. With AI as the first citizen, Actyv.ai platform enables quick and efficient … Continue reading “Actyv.ai raises USD $5 million”

Towards a Greener Future: HDFC Life Launches Sustainable Equity Fund

Posted on January 24, 2022January 24, 2022Categories Funding News   Leave a comment on Towards a Greener Future: HDFC Life Launches Sustainable Equity Fund

·         Based on Environmental, Social, and Governance (ESG) principles ·         Investment in companies with strong ESG practices and scores, reflecting their ability to create sustainable long term value HDFC Life, one of India’s leading life insurers, has launched its Sustainable Equity Fund, currently available with HDFC Life Click 2 Wealth, a unit-linked product. The Company is committed to industry-leading ESG standards that help shape a sustainable future for the communities they serve and create long-term value for all stakeholders. This Sustainable Equity Fund promotes Environmental, Social, … Continue reading “Towards a Greener Future: HDFC Life Launches Sustainable Equity Fund”

Healthtech startup Traya raises $2.2 million in pre-Series A funding round, led by Fireside Ventures

Posted on January 13, 2022January 13, 2022Categories Funding News   Leave a comment on Healthtech startup Traya raises $2.2 million in pre-Series A funding round, led by Fireside Ventures

Holistic hair care platform Traya has raised $2.2 million in a pre-Series A funding round, led by Fireside Ventures, with participation from existing investors Kae Capital and Whiteboard Capital. Traya has taken upon itself to bring about a change in the hair industry by providing a holistic solution to manage hair loss. The company said it will use the funds to strengthen research and development, build cutting edge technology to personalise the hair growth experience and acquire talent and expand … Continue reading “Healthtech startup Traya raises $2.2 million in pre-Series A funding round, led by Fireside Ventures”

Global tech VC investment in startups hits record high of $675B in 2021; India ranks 3rd with $44.6B after US & China: report

Posted on January 13, 2022January 13, 2022Categories Funding News   Leave a comment on Global tech VC investment in startups hits record high of $675B in 2021; India ranks 3rd with $44.6B after US & China: report

Bengaluru & London among top five cities for VC investment in 2021 – with cities firms raising $25.5B and $18.6 B respectively Bengaluru produces 16 new unicorns during 2021, London 20 Global tech VC investment into startups hit a record level of $675B in 2021, doubling the previous all-time high of $340.6B in 2020. The investments in 2021 were led by the US at $328.8B followed by China at $61.8B and India coming in third with a $44.6B funding into … Continue reading “Global tech VC investment in startups hits record high of $675B in 2021; India ranks 3rd with $44.6B after US & China: report”

Fractal announces US$ 360 million investment from TPG

Posted on January 5, 2022January 5, 2022Categories Funding News   Leave a comment on Fractal announces US$ 360 million investment from TPG

TPG, a leading global alternative asset firm, and Fractal (fractal.ai), a global provider of artificial intelligence and advanced analytics solutions to Fortune 500® companies, today announced that they have signed a definitive investment agreement. TPG is investing US$ 360 million (about INR 2700 crores) in Fractal through TPG Capital Asia, the firm’s Asia-focused private equity platform, in a transaction that includes a combination of primary investment and secondary share purchase from Funds advised by Apax, who will remain a major shareholder following the … Continue reading “Fractal announces US$ 360 million investment from TPG”

Innoviti Raises Rs. 80 Cr. in a First Close in Ongoing Series D Round

Posted on January 4, 2022January 4, 2022Categories Funding News   Leave a comment on Innoviti Raises Rs. 80 Cr. in a First Close in Ongoing Series D Round

(Valuation multiplies 2.5X as company approaches profitability) Series D funding, a mix of debt and equity, was carried out by Trifecta Debt Fund, Patni Advisors,  andBessemer Venture Partners. Sanjoy Bhattacharya, the doyen amongst value investors, Bharat  Jaisinghani, and a clutch of other individual investors also participated in the same. Innoviti’s  valuation has multiplied 2.5X from its Series C round closed a few months back. Innoviti enables businesses to collaborate on payment transactions and turn them into purchase  tools that are … Continue reading “Innoviti Raises Rs. 80 Cr. in a First Close in Ongoing Series D Round”

FLO MOBILITY bags $ 400K Funding in round led by DevX Venture Fund, Venture Garage Angels & Blume Founder Fund

Posted on December 20, 2021December 20, 2021Categories Funding News   Leave a comment on FLO MOBILITY bags $ 400K Funding in round led by DevX Venture Fund, Venture Garage Angels & Blume Founder Fund

⮚       Funding will be used to expand the network in India ⮚       Company to foray into Europe, USA, Middle East & East Asian markets ⮚       Build Tech capabilities and recruit aggressively  Flo Mobility, a vision-based autonomous technology company, today announced that it has raised $400K from DevX Venture Fund, Venture Garage Angels, Blume Founders Fund and other marquee angels. The company’s stated vision is to build a universal autonomy platform that can bring autonomous capabilities to vehicles across industries and form factors. The company … Continue reading “FLO MOBILITY bags $ 400K Funding in round led by DevX Venture Fund, Venture Garage Angels & Blume Founder Fund”

BUMMER BAGS $ 180 K FUNDING FROM SINGAPORE’S BEENEXT

Posted on December 10, 2021December 10, 2021Categories Funding News   Leave a comment on BUMMER BAGS $ 180 K FUNDING FROM SINGAPORE’S BEENEXT

Ø  Funding will be used to expand markets and grow user base   Ø  Build Tech capabilities and deepen product-centric research   Ø  Also to widen relationships with user communities & customers Bummer, the Ahmedabad-based new-age essential wear company, today announced that it has raised $ 180 K from Singapore-based BeeNext. The company is a new-age, essential wear firm focussed on providing the softest innerwear solutions designed to make India’s 40 cr millennials good & comfortable about themselves. Bummer’s stated mission is to target millennials … Continue reading “BUMMER BAGS $ 180 K FUNDING FROM SINGAPORE’S BEENEXT”