Page 33 - Fundings

Beauty, personal products maker Believe raises $55 mn in Series C funding

The Series A and Series B fundraises for Beauty, personal products maker Believe were led by Accel and Jungle Ventures with participation from Wamda Capital, a Middle East-based fund.

Video editing tech firm VideoVerse raises $46.8 mn to expand globally

In October 2021, VideoVerse had raised Series A funding from Moneta Ventures, Baring Private Equity India, Binny Bansal and Ventureast

Food delivery rivals Swiggy and Zomato back restaurant tech firm UrbanPiper

Restaurant management platform raises $24mn in series B funding

Rapido raises $180 mn at $830 mn valuation in funding round led by Swiggy

Swiggy's investment will leverage the synergies between the two companies to unlock more opportunities for delivery executives and captains across both fleets

Performance management startup Mesh raises $11 mn for US, APAC expansion

The Mesh platform continues to successfully manage a wide pool of modern soon-to-be unicorns and unicorns across sectors, including ShareChat, CRED, Groww, Pipefy and others.

SaaS start-up Zipy raises $2.8 mn in seed funding led by Blume, Together

Founded in 2020 by Vishalini Paliwal, an IIT Roorkee graduate & product engineering veteran, Zipy helps software teams to proactively identify, prioritise & debug critical customer issues in real time

Financial firm MyShubhLife raises Rs 100 cr in Series-B funding from Gojo

The company said it would utilise the funds to further expand its footprint with more corporate and large platform partnerships, invest in technology and enlarge its talent pool

Google-backed VerSe valued at $5 billion in latest funding round

VerSe Innovation has raised $805 mn in a funding round led by Canada's top pension fund, putting a $5 billion valuation on the Google-backed parent of video app Josh and news aggregator Dailyhunt.

Local language tech platform VerSe Innovation's valuation crosses $5 bn

The investment will be focused on strengthening the company's leadership position in the country. VerSe plans to both deepen and broaden its AI and ML (machine learning) and data science capabilities

D2Y company Ayurveda Co raises $3 mn from investors including Wipro

D2C ayurvedic brand The Ayurveda Company on Thursday announced raising USD 3 million (Rs 22.89 crore) from a host of investors, including Wipro Consumer Care Ventures. Rahul Gupta of Tricity Technologies and Harsh Gupta of School of Design & Entrepreneurship also participated in the funding round. "This will accelerate the growth towards becoming India's first & fastest growing D2C Ayurvedic Personal Care & Wellness Brand," said a statement from The Ayurveda Company (TAC). Funds will be utilised to ramp up growth, production capabilities and venture into the retail sector. "In the next 12-15 months, TAC will be gearing up to grow to Rs 100 crore turnover, boost team and technology, expand market share, and strengthen its footing in the D2C space," it said.

Zerodha co-founder Nikhil Kamath invests in drone start-up Omnipresent

This round also saw co-investments from Kavin Shah, and other individual high networth individual (HNIs), according to a statement released on Thursday

Cleantech start-up Sistema.bio raises $15 million in Series B round

Financing will strengthen partnerships and distribution, carbon reduction activities, R&D efforts and overall operations in LATAM, Africa, and Asia-Pacific

Shark Tank: 13-yr-old girl's anti-ragging app gets Rs 50 lakh funding offer

The investors in Jolly's idea are Anupam Mittal, founder and CEO of People Group (Shaadi.com) and Aman Gupta, co-founder of boAt

'As $35 bn flows into start-ups, total deals soar 40% to $115 bn in 2021'

Of the total PE money, as much as USD 35 billion were pumped into start-ups alone: PwC India report

Beauty brand RENEE Cosmetics raises $10 mn in funding by Mensa brands

RENEE Cosmetics plans on utilising funds majorly in strengthening the brand presence and widening offline presence.

Karbon Card raises $15 mn from Olive Tree, Harmony, Avenir and others

Existing investors Ramp, Mercury and Orios Venture Partners also participated in current round, which has taken the total amount raised by Karbon to about $32 million

Compliance automation start-up Sprinto raises $10 mn in Series A funding

Since its website launch in June 2021, Sprinto claims to have doubled its annual recurring revenue over the last 10 weeks

Tech upskilling start-up Scaler completes $55-million funding

With this fresh round of funding, the total capital raised by Scaler Academy since January 2020 stands at $76.5 million with a valuation of $710 million

Lummo raises $80 mn in funding from Tiger Global, Sequoia Capital India

Lummo (previously known as BukuKas) on Wednesday said it has raised USD 80 million (about Rs 595.8 crore) in funding led by Tiger Global and Sequoia Capital India.

ORAI raises Rs 6.5 crore in pre-series A funding round led by IPV

ORAI is a platform that offers customers end to end platform + solution + service.