Page 33 - Fundings

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.

English learning platform Freadom raises $2.5 mn from Capital A, others

Freadom equips children to learn to read in English in any country where it is an aspirational second language, via its recommendation engine.

Earned wage access platform Refyne raises $82 mn in Series B funding round

A study reported that 81 per cent of employees face a liquidity crunch between pay cycles. Refyne aims to address that problem.

Crib raises $400,000 in its pre-seed round to build the super co-living app

The round also saw participation from BlackSoil Capital along with marquee angels from Faad Network. Other notable angel investors are Shashwat Nakrani (Co-founder, BharatPe), Jasminder Singh Gulati (Co-founder, Nowfloats, acquired by Jio), Ajay Yadav (Founder, Roomi), Sarath Sura (Ex-Director, Allahabad Bank), Abdul Paravengal (ex-CBO, Shipper), Rahul Jindal (Director, Google), Uday Arya (Partner, BlueLotus Ventures), Panna Lal Bhansali (ex-President, Guwahati Stock Exchange), Kushal Khandwala (Director, KIFS Housing Finance Ltd.), Tushar Anand (Alkem Pharma Family & Founder, Cheferd Foods) and others. The company's legal counsel Abhay Vohra (Partner, Burgeon Law), CA Anirudh Bagai (Founder, Lawyer2CA) also joined the round.Headquartered in Gurugram, Crib is building India's first digital ecosystem aimed at redefining how landlords operate, tenants stay and market sells. Through their SaaS-based marketplace model, Crib is creating a full stack solution for co-living including ..

Udaan raises $250 mn via convertible note and debt, plans IPO in 18 months

Udaan achieved a valuation of $3.1 bn during its last round of funding of $280 mn in January 2021 from existing and new investors

Bolo Live raises $ 2.4 million in funding led by Orios Venture Partners

Social media platform Bolo Live on Wednesday said it has raised USD 2.4 million (about Rs 18 crore) as a precursor to the Series A funding round led by Orios Venture Partners. SOSV, Tremis Capital, LPA Ventures and other HNIs also participated in its first VC round, including existing investors Eagle 10 Ventures. The company plans to use the newly raised funds to accelerate the product development, strengthen the team and accelerate penetration in the Indian and South Asia markets. "We are delighted to have Orios Venture Partners join us as our first institutional investors in our journey to build a large social live-streaming platform out of India. Their experience with world-class startups from India shall help us accelerate our path towards making Bolo Live a household name," Varun Saxena, Co-founder and CEO Bolo Live, said in a statement. The fresh fundraise takes the total capital raised by the company to USD 3.5 million. Launched in May 2019, Bolo Live claims to have over 1

Bombay Shaving Company raises Rs 160 crore from multiple sources

The hair removal brand plans to launch in international markets such as: US, Europe, GCC and Australia.

Innoviti raises Rs 80 cr in first close of its Series D fund round

Innoviti is looking at raising Rs 400 crore in primary funding in Series D to fuel its growth with a plan for a listing in the next two to three years.

Gaming startup EsportsXO raises $1.1 mn in seed round

EsportsXO facilitates opportunities for game publishers and brands to launch custom tournaments for users.

GlobalBees enters unicorn club with $111.5 mn funding led by Premji Invest

GlobalBees was founded in May 2021 and has built a diverse portfolio of companies across categories.

Eggoz raises $3.5 mn in Series A funding round led by NABVENTURES

With this funding, Eggoz intends to increase its brand footprint, launch egg-based value-added products, and enter new geographies.

Unbox Robotics raises $7 mn in funding from 3one4 Capital, others

Supply chain technology company Unbox Robotics on Wednesday said it has raised USD 7 million (about Rs 53 crore) in funding led by 3one4 Capital. The Series-A funding round also saw participation from Sixth Sense Ventures and Redstart Labs (Info Edge) and Unbox Robotics' founders Pramod Ghadge, Shahid Memon and its CPO Rohit Pitale, a statement said. Existing investors - US-based venture capital firm SOSV, Arali Ventures, WEH Ventures, BEENEXT, Karthik Bhat's Force Ventures, Vijay Kedia (Kedia Securities), Aditya Singh (Stride Ventures) and Pavitar Singh (Sprinklr) as well as Rahul Chaudhary (Treebo Hotels), Nikhil Vora and Kathan Shah (Sixth Sense Ventures), and Veda VC also participated in the funding. The funds raised will be mainly used to expand the team across functions, fulfil the customer demand internationally, R&D and expand to new geographies, it said. The company said it has already onboarded some of the largest e-commerce and logistics enterprises as early adopters ..

Monster.com raises Rs 137.5 cr from Mohandas Pai and Akash Bhanshali

The funds raised will be utilised for enhanced investments on product development & marketing in India, SEA and Middle East markets.