Page 18 - Funding

Music NFT marketplace FanTiger raises $5.5 mn from Multicon capital, others

FanTiger empowers independent artists to build fan communities on the platform and enable fans to help shape their career using music NFTs

Three Wheels United raises $10 mn to increase financing for EV 3-wheelers

TWU has previously raised funding from Asian Development Bank Ventures, Techstars, Microsoft, and investors from the Middle East, Europe, and US

Emiza Supply Chain raises Rs 38 cr in funding round led by JM Financial

Emiza Supply Chain Services has raised Rs 37.5 crore in a funding round led by JM Financial Private Equity

Grasim to raise up to Rs 2,000 cr via debentures to fund capex programme

Grasim has lined up investment for foray into decorative paints with project cost estimated at Rs 10,000 crore by FY25

Country Delight raises $108mn in series D led by Venturi Partners & Temasek

Founded in 2013, the company delivers dairy, fruits, and vegetables to the doorstep of consumers.

WSO2 completes $93 mn series E funding with investment from Info Edge

WSO2, with more than 800 customers in over 90 countries, has already established a strong presence in India

Ride-hailing service BluSmart closes Series A1 funding round, raises $25 mn

This is a follow-up to the series A round that closed in September 2021, bringing the total of BluSmart Series A investment to a significant $50.7 million

Self-driving vehicle start-up Minus Zero raises $1.7mn in seed fund

The company plans the public launch of its first Autonomous vehicle use-case in late 2022 to early 2023.

1K Kirana raises $25 mn, aims to serve over 10 mn consumers in 12 months

Hyperlocal shopping and distribution network says it will use the financing for improving its technology and expanding team.

Centre bats for sharing research infrastructure, incentivising funding

Researchers from smaller cities will soon be able to access expensive research infrastructure at state-funded institutions as the Centre has released guidelines for sharing

ZincSearch raises $3.6 mn in seed funding led by Nexus Venture Partners

ZincSearch has amassed more than 7,900 GitHub stars in just five months, making it one of the fastest-growing open source enterprise projects of the last 12-months.

BlissClub raises $18 mn in funding led by Eight Roads, Elevation Capital

BlissClub has seen 25X growth in just 10 months, having gone from raising a seed round in May 2021 to current Series A in less than a year

Byju's raises over Rs 363 cr in funding from Maitri Edtech, IIFL's PE fund

Byju's is estimated to have raised about $2.3 billion in funding so far with valuation touching $16.5 billion.

B2B platform Fashinza raises $100 mn in funding led by Prosus, Westbridge

Fashinza will utilize the funds towards creating a sustainable supply chain for the global fashion industry and in expanding the company's presence globally.

ParallelDots raises $4.5 mn in Series A round led by Btomorrow Ventures

Firm will use proceeds for product innovations leveraging evolving technology, and harness the power of AI to help CPG makers grow and navigate digital disruption better

Fintech firm BharatX raises $4.5mn in seed round to expand business

The company works with brands and websites to provide a credit feature in their apps to serve customers.

ApnaKlub raises $10 mn in series A funding round from Tiger Global

ApnaKlub allows anyone with a smartphone and an entrepreneurial drive to earn supplemental income by aggregating demand and supplying FMCG goods to retail (kirana) stores in their local community

E-commerce enablement platform GoKwik raises $35 mn for expansion

E-commerce enablement platform GoKwik said it has raised $35 million led by Think Investments and RTP Global, and will use the funds to work on tech solutions for large marketplaces

Upskilling platform Josh Talks raises $3.5 mn from Ankur Capital, others

The firm previously raised $1.5 mn from the New York-based Media Development Investment Fund (MDIF)

ForeignAdmits raises Rs 3.26 crore from Unicorn India Ventures, others

This is the second investment by UIV in Foreign Admits. It had raised a seed round from Unicorn India recently, taking total fundraise to over $1 million