Page 36 - Fundings

Cross-border sourcing tech startup Geniemode raises $2.25 mn seed funding

It is an end-to-end e-commerce platform to make global sourcing more efficient, convenient across fragmented, tech-strapped supply chains in furniture, home furnishing, fashion.

Geniemode raises $2.25 mn in seed funding round led by Info Edge Ventures

The platform ensures order visibility at each step, adherence to strict global quality checks and managing end-to-end supply chain for the buyer thus becoming a one-stop shop for them.

RevFin Services looks to raise around $40 mn via securities this fiscal

RevFin Services Pvt Ltd plans to raise around USD 40 million through debt and equity by the end of this fiscal to accelerate its lending, according to a top company official

Startup Sugar.fit, which aims to reverse diabetes, to raise $10 million

Health and fitness firm Cure.fit and two others to invest the funds in a deal likely to by September

Walton Street Blacksoil fund gets commitments of Rs 360 cr for its new fund

The Rs 500 crore fund has an additional green-shoe option of Rs 250 crore

Skeps raises $9.5 mn in funding led by Bertelsmann India Investments

Financial technology startup Skeps has raised USD 9.5 million (about Rs 70 crore) in series A funding round led by Bertelsmann India Investments. Existing investor Accel also participated in this round, the company said in a late-night statement on Tuesday. "The company intends to use the funds to expand the sales, marketing, engineering, and product teams, grow their merchant and lender client base, and broaden services offered to their customers," the statement said. Founded in 2018, Skeps said it has headquarters in India (Gurugram) and the US (New York). "We are excited to welcome Bertelsmann India Investments to the Skeps family for this latest round. With this latest fundraise, Skeps will continue to serve clients by providing them with the next generation in POS financing solutions that can be readily deployed on their merchant site, physical stores, or any partner platform where their customers are shopping, Skeps CEO Tushar Srivastava said. Skeps' platform provides a sui

Voice AI company Skit raises $23 mn in Series B led by WestBridge Capital

This follows a Series A round last May, led by Exfinity Ventures and Kalaari Capital, AngelList. The latest funding brings the startup's total raise to $30 million

Rattle raises $2.8 mn in seed round led by Lightspeed and Sequoia Capital

Angels such as Amy Chang (EVP, Cisco & Disney board member), Ellen Levy (investor in Outreach), Jake Seid (investor in Brex & Carta), and Krish & Raman (Chargebee founders) also participated

Sportswear D2C brand Elevar raises Rs 19 cr from Kalaari, Dream Capital

The company, a direct-to-consumer sports brand that makes cricket bats, athletic performance footwear, will utilise funds towards expanding its product portfolio, increasing its marketing efforts

Freshworks files documents for listing in US; looking to raise $100 mn

Founder thanks Superstar Rajnikanth for being an inspiration

Khatabook raises $100 mn funding, announces ESOP buyback worth $10 mn

Khatabook on Tuesday said it has raised USD 100 million in funding round, led by Tribe Capital and Moore Strategic Ventures (MSV) that valued the fintech company at close to USD 600 million

Embassy Group, Kalpataru tap global funds for over Rs 2,000 crore

Embassy raises Rs 1,200 crore from Bain Capital; Kalpataru Rs 850 crore from PAG

Healthtech startup Ultrahuman raises $17.5m in Series B funding round

The Series B funding came from Alpha Wave Incubation (AWI), which is backed by DisruptAD and managed by Falcon Edge, Steadview Capital, Nexus Venture Partners, Blume Ventures and Utsav Somani's iSeed

Bharti-backed OneWeb raises $330mn from South Korea's Hanwha Systems

Hanwha brings further defence capabilities and the latest antenna technologies to OneWeb

VerSe Innovation raises $450 mn in Series I funding from global investors

VerSe Innovation's proprietary technology platform serves one out of every two internet users in the country

Emeritus' value tops $3.2 bn with $650 mn funding from SoftBank, Accel

Capital would help the edtech startup create new products and industry verticals, expand its business serving govts and enterprises, double down on new geographies and fund acquisitions

Edtech firm Eruditus nears $450-mn SoftBank-led funding, valued at $3.2 bn

Some existing shareholders are also offloading about $200 million stake

SaaS startup Everstage raises $1.7 mn seed funding led by 3one4 Capital

Everstage helps companies drive performance of their customer-facing teams through its no-code sales commission automation platform. Some of the early customers include SaaS unicorns

Edtech platform BlueLearn raises Rs 3.25 cr in pre-seed funding round

BlueLearn was founded earlier this year by Harish Uthayakumar and Shreyans Sancheti who are currently in their final year of electrical engineering at BITS Pilani

Log 9 Materials raises $8.5 mn as part of Series A+ round led by Amara Raja

Amara Raja Batteries invests $5 mn; existing investors Exfinity Ventures and Sequoia Capital India's Surge Programme, alongside a clutch of new investors also participate