Page 37 - Fundings

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

Log 9 Materials raises $8.5 mn in funding round led by Amara Raja Batteries

Advanced battery-tech start-up, Log 9 Materials on Monday said it has raised USD 8.5 million (around Rs 63 crore) in a funding round led by Amara Raja Batteries. The company has also entered into an equity partnership and collaboration with Amara Raja Batteries Ltd (ARBL), a leading manufacturer of industrial and automotive batteries, Log 9 Materials said in a statement. ARBL was the anchor investor in this funding round, making an investment of USD 5 million (Rs 37 crore). Existing investors, including Exfinity Ventures and Sequoia Capital India's Surge Programme, alongside a clutch of new investors were also a part of the Series A+ funding round, it added. "The new investors have, along with the existing investors, invested around USD 8.5 million in the ongoing USD 10-12 million series A+ round," the company said. The fresh funds raised will be utilised to expand production capacity and business development efforts of Log 9's latest innovation -- Rapid Charging Battery technolog

Post fundraise, bicycle sharing startup MyByk eyes public transport linkage

Looks to partner with state govts in its endeavour to transform into a Mobility as a Service (MaaS) platform

Chiratae Ventures closes fourth fund at $337mn, oversubscribed by 25%

Chiratae has invested in more than 100 deals since inception in 2006, delivered two IPOs, four unicorns while completing 38 exits with a record 8 consecutive yrs of capital distribution to investors

Eat Better raises undisclosed funding from GetVantage to fuel expansion

The funds will be invested to fuel expansion by focusing on marketing and new product launches in the coming months

Stride Ventures announces first close of Stride Venture India Fund II

Stride Ventures has made disbursals of over Rs 400 crore in 2021 through 20 investments

BharatPe's valuation crosses $2.85 bn in $370 mn in Series E equity round

The funding would help the firm compete and take on players such Pine Labs, Paytm and Mswipe

Fintech firm BharatPe valued at $2.85 bln after Tiger Global-led funding

Tech startups have recorded a surge in funding this year as investors bet on companies that are likely to benefit in the post-pandemic world.