Category: Funding News

Aims to expand aggressively across US and Europe Karomi Technology, a leading packaging management SaaS platform (under the brand ManageArtworks) that digitizes the design to print process and reduces the time to shelf has raised USD $2M in Pre-Series A round led by Cornerstone Venture Partners Fund (CSVP Fund), with the current investor Ideaspring Capital joining the round. The funding will be used by the company to accelerate growth. Founded by Vilva Natarajan in Chennai, ManageArtworks is an end-to-end packaging artwork … Continue reading “Karomi Technology raises USD $2M in Pre-Series A round led by CSVP”

ZFW Dark Stores, a full-stack fulfilment technology platform for E-commerce brands, on Monday, announced that it has raised a $1.2m Seed round from Riso Capital, SEA Fund, Lead Fund, and a clutch of marquee founder-angels. New investors also include Middle East conglomerate Qudrah National Holdings, Archana Priyadarshini (GP, Point One Capital), South Asia Technology Partners, Long Tail Ventures, Jasminder Gulati (Founder, NowFloats; acquired by Reliance), and founders of India’s fastest-growing brands like The Mom’s Co (Mohit Sadaani), Rage Coffee (Bharat Sethi), … Continue reading “D2C Fulfillment platform ZFW Dark Stores raises $1.2m Seed Round from Riso Capital, SEA Fund, & strategic angels”

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”

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”

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”

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, 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”

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”

 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, 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”

·         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”