Page 30 - Funding

Healthtech start-up K&L Wellness raises Rs 30 crore in seed round

Firm provides therapeutic based health solutions to lifestyle diseases like diabetes, hypertension, heart disease and obesity, among others, through yoga and meditation

Velocity raises $20 mn in funding round led by Peter Thiel's Valar Ventures

The fintech firm plans to deploy over Rs 1000 crore in India's e-commerce brands

Mensa, house of D2C brands, raises $135 mn to become Asia's fastest unicorn

Within six months of starting the business, Bengaluru-based Mensa has raised more than $300 million in equity and debt

Kitchenware brand Wonderchef raises $20 mn from Sixth Sense Ventures

Over the past three years, the company has been developing Wonderchef into a digital-first brand

D2C home solutions startup Wakefit raises $28 mn at a valuation of $380 mn

The startup is on track to achieve sales of Rs 700 crore in FY22 despite being impacted by second wave of Covid

Trade financing platform Vayana Network raises Rs 283 cr in funding round

The company has financed more than $8 billion of credit to some 22,000 small businesses

Baby products firm Cradlewise raises $7mn in seed round led by Footwork

The round also had significant participation from CRV and follow-on from existing investors SOSV and Better Capital

Exotel raises $35 mn to expand its cloud customer engagement platform

The customer engagement company is looking to hit an annual recurring revenue of $200 mn over next 5 years and plans to increase its headcount by 200 over next 12 months

magicpin raises $60 million in Series D round led by Zomato

The app currently serves 6 million active users with nearly 25 sessions per user per month, and provides savings on nearly 170,000 merchants across big brands and local retailers

Good Glamm Group India's first unicorn in DTC beauty and personal care biz

The firm, valued at $1.2 bn, expects to cross annual recurring revenue of $250 million by March 2022

Ladies Who Lead raises seed funding from Akasa Air co-founder Aditya Ghosh

Platform for India's top and emerging women leaders appoints him as Chief Mentor

Faze Technologies raises $17.4 mn in seed round led by Tiger Global

Coatue, Sequoia Capital India, Samsung Next among other participants

Neobanking startup Fi raises $50 mn in funding, valuation jumps 7 times

B Capital Group, Falcon Edge and others participated in the Series B funding round that valued Fi at $315 million

Vanity Wagon raises Rs 5.5 cr in pre-series A round led by Inflection Point

Firm is a one-stop clean beauty marketplace focused on non-toxic products; has completed 50,000 orders since inception and currently serves 130,000 online visitors a month

Beauty platform Purplle.com raises $75 mn from Kedaara, Sequoia and Blume

The investment will augment the company's goal to deliver 6-8x growth in the next 5 years

Drip Capital raises $175 mn to enter new markets like South Asia, LatAm

Funds raised include $40 mn in Series C and $135 mn in warehouse debt. With this, Drip Capital has raised $525 mn in all via equity and debt

Lovelocal raises $18mn in pre-series B round led by Vulcan Capital

LoveLocal, which has grown 40x since inception is changing how India shops by empowering local retailers and is digitising the $1.1 trillion unorganised retail market

Fintech software provider Hypto raises $3 mn from Stellaris, 3one4 Capital

The platform has processed over 55 million transactions totalling over $15 billion and currently works with over 10 banks

B2B auto parts startup Koovers raises $1.5 mn in Inflection Point-led round

Koovers assures workshops of spares with ease of ordering, doorstep delivery, genuine and complete basket of parts of all car makers; has over 5,000 workshops in network

Premium e-bike maker EMotorad raises $3-million in seed round funding

EMotorad has raised $3-million in a strategic seed round funding from two investors for scaling up its current facilities and expanding its presence across the domestic and overseas markets