Page 28 - Funding

SaaS start-up Spry, led by ex-CTO of Ola, raises $3 mn in seed round

Capital to bolster product development and drive expansion in India and US

EV start-up Ultraviolette raises $15 million from TVS Motor, Zoho Corp

Firm is setting up manufacturing and assembling unit in Electronics City, Bengaluru; will use investment for production and launch of its high-performance e-bike, F77; first batch out in H1 of 2022

Dialysis network NephroPlus raises $24 mn to expand in India, abroad

Series E round was round led by IIFL Asset Management, with support from existing investors InvestCorp and Bessemer Venture Partners

Fullife Healthcare gets $22 mn funding from Morgan Stanley Pvt Equity Asia

This round of funding will support Fast&Up and Chicnutrix to expand their domestic presence, enhance manufacturing capabilities and accelerate momentum globally

EV start-up Oben raises $1.5 mn to launch 100% homegrown electric bike

The one-year-old company says it will deliver its first batch of EVs in next six months

Chennai-based WEGoT raises $1.5 million to expand footprint across India

Strategic round was led by GRUHAS Proptech (promoted by Abhijeet Pai of Puzzolana Group, Nikhil Kamath of Zerodha), Rahul Talwar-DLF Family Office, Harshad Reddy-Apollo Hospitals Family

Clensta raises Rs 20-cr funding from Hem Angels, Venture Catalysts, others

Clensta said it has raised Rs 20 crore funding from Hem Angels part of Hem Securities Ltd, Venture Catalysts and Inflection Point Ventures

Digital Freight marketplace Raaho raises Rs 12.5 cr in Pre-Series A round

Company plans to utilise the funds to launch in 20 cities and to fully-automate its trucking marketplace

This start-up aims to disrupt market in which 60 mn samosas are sold a day

QSR brand Samosa Party raises $2mn in Pre Series A funding from Kalaari Capital

Motherson participates in EV charging start-up Exponent's $5 mn fundraise

YourNest VC, 3one4 Capital & AdvantEdge VC doubled down on their earlier investment within 8 months

Farm e-commerce start-up AgroStar raises $70 mn in Series D from Hero, CDC

The company has over 5 million farmers on its platform across Gujarat, Rajasthan, Maharashtra, Madhya Pradesh, and Uttar Pradesh

MoEngage raises additional $30 mn funding in round led by Steadview Capital

Series D funding at twice the valuation from its earlier Series C1 of $32.5 million in July

Spinny enters unicorn club with $283 mn fundraise at $1.8 bn valuation

The latest round includes a primary capital infusion of $250 million and a secondary sale of $33 million by angels and a few seed stage investors

Punit Soni-led healthcare AI firm Suki raises $55 mn in Series C round

Funding led by led by March Capital, with support from Philips Ventures and all previous investors including Venrock, Flare Capital, Breyer Capital, and inHealth Ventures

Indian used-car platform Spinny valued at $1.8 billion in new funding round

India's Spinny said on Tuesday it had raised $283 million in a funding round led by Abu Dhabi-based ADQ and Tiger Global, giving the used-car retailing platform a valuation of about $1.8 billion

AI-powered talent firm Sense raises $50 mn from SoftBank Vision Fund 2

With this new round, firm will continue to ramp up its go-to-market strategy and raise awareness with firms that hire at scale across industries such as healthcare, manufacturing, logistics and retail

MSME lending platform LoanKuber raises Rs 13 cr in pre-Series A round

The company aims to grow its loan book to Rs 75 crore in the next 12 months

CollegeDekho closes $35mn Series B round led by Winter Capital, ETS

Firm will boost investment in products and tech while growing new verticals like Ed-Fin-Tech, student accommodation and coaching for higher education

Zomato launches platform to help restaurants raise funds

There are thousands of budding restaurants that may not have the expertise or focus to fundraise at the right time from the right investors, said Zomato Chief Executive Officer Deepinder Goyal

Data management platform Parablu raises $1 mn in pre-Series A round

The SaaS company builds secure, enterprise-class data management solutions