Page 34 - Fundings

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.

Food-grocery marketplace Jumbotail raises $85 mn in Series C funding round

Jumbotail will use the funds to triple its engineering, product, design, data science, category management, marketing, and finance teams

Retail platform Jumbotail raises $85 mn in series C round led by Invus

Jumbotail, a retail platform and B2B ecommerce marketplace for food and grocery products, said it has raised an USD 85 million Series C round led by Artal Asia Pte. Ltd., an affiliate of Invus

Zepto races to $570 mn valuation, says median delivery time is 8:24 min

The company said it has been tripling its user base every month

D2C tea brand Esah Tea raises Rs 3cr in pre-series A round from NEDFI

Esah is the first tea start-up from Assam to raise VC funding. The brand has earlier raised angel investment from SRD Group and Grant From Assam Startup & NEAT-E-Hub.

Fintech unicorn Razorpay's value jumps to $7.5 bn; up 7.5x in 15 months

Razorpay was valued at $1 billion in October 2020 and $3 billion in April 2021

Bengaluru-based Third Wave Coffee raises $6 mn in Series A funding round

The Series A funding comes just months after the start-up closed its pre-Series A funding round in April from a clutch of investors.

Cloud storage services startup Digiboxx raises $1.5 mn from investors

File storage and sharing or cloud storage services startup Digiboxx has raised USD 1.5 million in pre-series-A funding round led by Chandigarh-headquartered Capgro Fund.

Indifi Technologies raises Rs 340 crore in series D equity, debt funding

Indifi has also secured Rs 165 core in debt financing from Vivriti, Northern Arc, SIDBI, along with other lenders