Page 21 - Funding

India's gaming startup Loco gets $42 mn from South Korea's Hashed, others

India's Loco has raised $42 million led by South Korea's early-stage venture fund, Hashed, as a gaming frenzy takes hold in the country of nearly 1.4 billion people

Iron Pillar Invests in automation firm Jiffy's $53 mn Series B Funding

Jiffy's Series B was led by Eight Roads with participation from existing investor, Nexus Venture Partners, among others

Esports gaming platform Gamerji raises $1.1 mn in pre-series A funding

Gamerji currently serves 2.3 mn gamers, has held over 29,000 tournaments; Since Dec 2020 seed round, it has increased user base by 3x and holds 200 tournaments a day for 15 titles

Sequoia Capital, Saudi's STV lead $54 mn funding for gulf fintech Tabby

Capital India and Saudi venture capital firm STV led a $54 million funding round for Tabby, the Middle East's largest buy-now, pay-later provider, as demand fintech solutions booms.

B2B sales intelligence firm Apollo.io raises $110 mn in Sequoia-led round

The platform helps over one million professionals across 160,000 companies automate their sales processes

Kid-focused pocket money fintech Junio raises $6 mn in pre-Series A round

UAE-based firm NB Ventures leads investment; The startup will use the capital to bolster its team, roll out new product features, and scale up customer acquisition initiatives

Facebook-backed Meesho targets early 2023 for IPO: Report

In September, Meesho raised $570 million at a valuation of $4.9 billion in a Series F funding round led by Fidelity Management & Research Company and B Capital Group

Social Alpha, Villgro, Brigade REAP invest $375,000 seed in Strawcture Eco

The recipient is a sustainable construction start-up that develops biopanels from agriculture reside

Eat Better Ventures raises Rs 5.5cr seed led by Java Capital, Mumbai Angels

The company will be using the funds to ramp up its production capacity, build a robust team, launch new products, and augment its marketing and distribution

Live tutoring startup Filo raises $23 mn in series A led by Anthos Capital

Filo will use the funds mainly for product development as it goes deeper into modeling pedagogy at scale, expanding the team, tapping new categories, and scaling its tutor base across the country

Mela Ventures closes its first fund at Rs 320 cr

The fund was oversubscribed by 1.6x times from first close target

Fintech startup Snapmint raises $9 mn in Series A from 9 Unicorns, others

The BNPL platform makes it easy for Gen Z consumers to buy any lifestyle category product, be it clothes, accessories or mobile phones, using small installments and no-cost monthly payment options

Neobanking start-up Niyo raises $100 mn in Series C funding round

This Series C round of funding was led by Accel & Lightrock India with participation from Beams Fintech Fund

Loyalty solutions provider Xoxoday raises $30mn from Giift, Apis Partners

The investment includes both primary and secondary capital components, and the collaboration will enable both Giift and Xoxoday to enlarge their service offerings and accelerate growth globally

Rakesh Jhunjhunwala-backed furniture maker bags Rs 75 cr in funding

Arrivae raises Series B investment from Think investments and Havells

Proptech startup Facilio raises $35 mn from Dragoneer, Tiger Global, others

Facilio offers a unified software platform that leverages an AI-led predictive engine to help real estate portfolios digitise processes and optimise their property operations

SaaS start-up Hasura enters unicorn club with $100 mn Series C funding

Greenoaks-led round will be used to expand R&D and go-to-market activities for GraphQL

Vymo raises $22 mn in series C round from BII, Sequoia, existing investors

BII's Rohit Sood will be joining the company's board

D2C snacks brand Happilo raises $25 mn from Motilal Oswal Private Equity

Aims to scale business to Rs 2,000 crore in revenue over the next 4 years

Supply chain firm Increff raises $12 mn in funding for expanding business

Funding round attended by TVS Capital Funds, Premji Invest, and Flipkart co-founder Binny Bansal's 021 Capital