Page 26 - Funding

WayCool Foods raises $117 mn in Series D from Lightrock, IFS and others

The agri-commerce firm has begun building its next-gen centre in Bengaluru, which will have a tech platform with layers of AI and analytics, and labs for robotics, IoT and automation

Bengaluru outstrips Chinese cities in tech VC funding in 2021: Report

Global tech VC investment into startups hit a record level of $675 billion in 2021, doubling the previous all-time high of $340.6 billion in 2020

Saudi wealth fund plans to buy $10 billion in global stocks this year

Chaired by Crown Prince Mohammed bin Salman, the Public Investment Fund is looking to buy global stocks based on a thematic strategy that focuses on areas including e-commerce and renewables

TheMathCompany raises $50mn in investments led by Brighton Park Capital

The minority investment will speed up firm's expansion in US and EU, enhance its next-gen proprietary platform Co.dx, which drives value for businesses through analytics at speed and scale

LEAD becomes first edtech unicorn of 2022, raises $100 mn in Series E round

The company plans to use the proceeds to achieve its vision of providing quality affordable education to more than 25 mn students with an annual revenue run-rate of $1 bn

Group Meeran invests Rs 4.5 cr in online logistics company ShipNext

ShipNext has launched 'WeTruck' and 'WeTruck Partner,' which claim to be India's first mobile applications for long-haul logistics customers and service providers

Health-tech company HCAH raises Rs 112 cr from ABC World Asia

HCAH will use this investment to build presence in physical rehabilitation and recovery space through its service range of home ICU, in-patient rehab in transition care centres, digital and home rehab

Curefoods raises $62 mn from Iron Pillar, Chiratae Ventures, Accel, others

Curefoods plans on utilising the investment to continue acquiring major cloud kitchen brands across the country.

ToolJet raises $1.5 mn in seed funding round led by Nexus Venture Partners

The company intends to use the funding for team expansion to accelerate the development of the core platform of ToolJet

Neobank Kaleidofin raises $10 million in series B round of funding

The latest fundraise takes the total funds raised by Kaleidofin till date to $18 million

Glamplus raises $700,000 in pre-series A round from Blume Ventures, others

Funds will be utilised in vertical tech SAAS capabilities along with expansion of B2B marketplace business to scale to 10,000 partners and monthly revenues of Rs 5 crore/month by March

IppoPay raises $2.1 mn in seed funding from Coinbase Ventures, others

Set up in November 2020, IppoPay has enabled 50,000 offline merchants and daily income earners in Indian Tier-2, Tier-3, and rural markets to boost their revenues through acceptance of payments online

Agritech startup Pepper Farms raises $1 mn as seed funding from investors

Agritech startup Pepper Farms has raised $1 million (around Rs 7.39 crore) from investors to grow its business

Product management platform Zeda.io raises $1.2 mn in seed capital

Zeda.io's one-stop comprehensive product management suite is designed to simplify the processes by bringing together all things needed to define, manage and collaborate on products

Uber rival Bolt raises $711 million at valuation of over $8 billion

Bolt, a rival of Uber's ride-sharing and food delivery business, last raised funding in August at a valuation of more than 4 billion euros.

Zluri raises $10mn in series A funding round led by MassMutual Ventures

Zluri had earlier raised $2 million from Endiya Partners and Kalaari Capital, in its seed round in January 2021.

The ePlane Co raises $5 mn in pre-series A led by Specilae Invest, Micelio

Firm aspires to build world's most compact flying taxi, as well as cargo transport to help reduce congestion on roads and emissions from ground transport, and lower the risk of road accidents

Power Gummies raises $6mn in Series A funding from 9Unicorns, others

Dietary supplement brand Power Gummies on Monday said it has raised $6 mn in funding led by 9Unicorns.

AMO Electric to raise $100 mn to expand product range, sales infra

Electric two-wheeler maker AMO Electric is looking to raise about USD 100 million next fiscal as it looks to scale up R&D to introduce new products, expand manufacturing capacity and enhance sales infra across the country in order to consolidate its position in the sector. The Noida-based company currently sells four electric scooters through a sales network of over 150 outlets across the country. "The electric two-wheeler segment is poised for tremendous growth over the next few years. In order to consolidate our position, we are looking to raise around USD 100 million next financial year. This will give impetus to the R&D endeavours and enable us to try to be among the top three players in the industry," AMO Electric Founder and MD Sushant Kumar told PTI in an interaction. The company is in talks with various financial institutions for raising the capital, he added. Kumar noted that the company plans to launch two new products in the current quarter and four new high speed ..

Agility Ventures to launch Sebi-approved Rs 450-cr fund

With AIFs (Alternative Investment Funds), it is looking at deploying Rs 75 crore this year in over 50 startups, which will also include fintech, cyber security and crypto