Page 20 - Funding
BlackRock receives $114 bn in net flows amid market turmoil
Equity funds led the way, with a $76 billion haul, while bond funds saw $7.5 billion
 "BlackRock receives $114 bn in net flows amid market turmoil")
Medfin raises $15mn in series B funding; plans to expand in 25 cities
Medfin, plans to complete 100,000 surgeries by the end of 2022
 "Medfin raises $15mn in series B funding; plans to expand in 25 cities")
Live video, audio calling platform Dyte raises $11.6 mn in seed funding
Dyte allows product & engineering teams to integrate live video into their apps to support innovative & interesting business use-cases.
 "Live video, audio calling platform Dyte raises $11.6 mn in seed funding")
AI-based content firm Instoried raises $200 mn from GEM, seeks to go public
Funding comes in under 6 months after Instoried announced Series A round; firm says this makes it the fastest-growing deep tech startup led by a woman founder
 "AI-based content firm Instoried raises $200 mn from GEM, seeks to go public")
Doceree completes $11 mn series A fund raise led by Eight Roads Ventures
Recipient is a physician-only platform for programmatic messaging; funding will help it embolden healthcare professional communications for pharma and life sciences brands
 "Doceree completes $11 mn series A fund raise led by Eight Roads Ventures")
Multiples PE leads $111-mn funding round in Kogta Financial
Kogta focuses on the large and underserved used vehicle finance market and MSME loans
 "Multiples PE leads $111-mn funding round in Kogta Financial")
VC firm HealthQuad announces close of second fund for young companies
The second fund of HealthQuad closed with a total subscription of $162 million: more than twice its target size at launch
 "VC firm HealthQuad announces close of second fund for young companies")
Builder.ai raises $100 mn in Series C round to scale up AI capabilities
Funding led by Insight Partners, a New York-based global venture capital and PE firm, brings company's total funding to $195 million across three rounds in all
 "Builder.ai raises $100 mn in Series C round to scale up AI capabilities")
Games24x7 raises $75 mn from Tiger Global, others at $2.5-bn valuation
Mumbai-headquartered firm owns popular gaming platforms such as RummyCircle (India's largest online rummy game), My11Circle and U Games
 "Games24x7 raises $75 mn from Tiger Global, others at $2.5-bn valuation")
LambdaTest closes $45 million in a venture round led by Premji Invest
Firm's platform is used by over 1 mn developers and testers globally. The company has run more than 100 mn tests since inception, has grown its business by 300% in the past year
 "LambdaTest closes $45 million in a venture round led by Premji Invest")
Qure.ai raises $40 mn from healthcare investors Novo Holdings, HealthQuad
Qure.ai's advanced technology reads and interprets medical images like X-rays, CTs, and ultrasounds in under a minute, making equitable, quality healthcare a reality across the globe
 "Qure.ai raises $40 mn from healthcare investors Novo Holdings, HealthQuad")
D2C start-up mCaffeine raises Rs 240 cr at a valuation of Rs 1,000 cr
Founded in 2016, mCaffeine had attracted a cumulative of Rs 60 crore through successive rounds of funding over the years
 "D2C start-up mCaffeine raises Rs 240 cr at a valuation of Rs 1,000 cr")
Spacetech startup Pixxel raises $25-mn funding led by Radical Venture
The new funding will enable Pixxel to expedite production of the world's highest resolution hyperspectral satellite constellation and to offer industry AI-powered insights
 "Spacetech startup Pixxel raises $25-mn funding led by Radical Venture")
Food robotics company Mukunda raises $8 mn in round led by Zomato
Zomato's investment in Mukunda has come amid the food delivery's announcement to launch a 10-minute delivery service
 "Food robotics company Mukunda raises $8 mn in round led by Zomato")
Co-working space player iSprout raises $4mn in pre-series A funding
Large part has been invested by a top infra firm's director; after the round over 75% ownership in iSprout will be with the four co-founders and this investor
Beauty brand Plum raises Rs 270 cr in Series C round led by A91 Partners
The fresh capital is expected to add momentum to Plum's gameplan of further strengthening its omni-channel presence, building new categories and enhancing R&D capabilities
 "Beauty brand Plum raises Rs 270 cr in Series C round led by A91 Partners")
Cybersecurity startup Technisanct receives fresh investment of Rs 2 crore
The company said it received the investment with participation from Shashidhar Pai (S3K Ventures), K T Chandy (Partner-EY) and Surabhi Marwah (Partner-EY)
 "Cybersecurity startup Technisanct receives fresh investment of Rs 2 crore")
CommerceIQ enters unicorn club with $115 mn fundraise in Series D round
Company employs over 150 people out of its Bengaluru office, and is expected to nearly double the headcount by the end of the year
 "CommerceIQ enters unicorn club with $115 mn fundraise in Series D round")
Leverage Edu raises $22 mn in Series B funding at $120 mn valuation
Prominent individual investors like Morgan Stanley MD Hemant Gupta, CRED founder Kunal Shah, BookMyShow founder Ashish Hemrajani joined the funding round
 "Leverage Edu raises $22 mn in Series B funding at $120 mn valuation")
Logically raises $24 mn; Vitruvian Partners leads funding round
It has been estimated that fake news is costing the global economy around $78 billion every year and Logically is addressing that problem.
 "Logically raises $24 mn; Vitruvian Partners leads funding round")