Page 39 - Fundings

CRMNEXT raises $16 million from Avataar Ventures, Ascent Capital

Startup provides enterprise solutions for banks and financial services companies, has offices in 11 countries

150 year-old Allana Group invests $10 mn in Iron Pillar Fund II

The corpus would enable Iron Pillar portfolio companies to expand globally

How Zeta acquired Unicorn status in the very first round of funding

Enterprises typically reach the feat at series C or series D, or three to four funding rounds later

WinZO raises $65 mn in Series C round, led by Griffin Gaming Partners

Griffin is making its first-ever investment in India in WinZO

Licious raises $192 mn from Temasek, others at $650 mn valuation

Existing investors 3one4 Capital, Bertelsmann India Investments, Vertex Growth Fund, and Vertex Ventures Southeast Asia and India also participated in this round of fundraising.

CredR raises $6.5 million in its latest round led by Yamaha Motors

CredR has raised $6.5 million in its latest round led by Yamaha Motors, existing investors Omidyar Network India and Eight Roads Ventures, with participation from automotive focused Astarc Ventures

10club raises $40 mn in one of largest seed rounds in e-comm roll-up space

The funding round was co-led by Fireside Ventures and an international investor active in the space

NIRAMAI COVID screening solution receives funding from UK's CDC Group

NIRAMAI is an investee of Pi Ventures, a fund backed by CDC Group ("CDC", the UK's development finance institution and impact investor)

Fintech startup slice raises $20 mn from Gunosy, Blume Ventures and others

slice has also launched two new features, which, the firm said, makes the slice super card the best way for millennials and gen z to make payments.

Content startup Pratilipi raises Rs 20 cr in debt from Alteria Capital

Pratilipi has over 350,000 writers who have published over 4.5 million stories in 10 Indian languages including Hindi, Gujarati, Bengali, Marathi, Kannada, Urdu, and English among others.

WINDO raises $500,000 in seed round led by Unicorn India Ventures

WINDO, founded in 2020, by second-time entrepreneurs Silus Reddy Chintapalli, Rakesh Vaddadi, is an Instagram commerce-focused tech startup

GoMechanic secures $42mn in Series C funding round led by Tiger Global

Sequoia Capital India, Orios Venture Partners & Chiratae Ventures also participated in the round.

Kazam raises Rs 7 cr in seed round led by Inflection Point Ventures

In a short span of 5 months, Kazam has built the hardware & software tech for affordable and smart EV charging infrastructure

Tiger Global, Sequoia lead $25 mn round in financing startup Progcap

Founded by Pallavi Shrivastava and Himanshu Chandra, Progcap has over 300,000 retailers across 50 corporates and has disbursed over Rs 1,500 crore of loans so far

Home fitness startup Portl raises undisclosed amount from Kalaari Capital

Company say it has developed proprietary tool for personalised workouts, nutrition advice.

Vishal Sikka's Vianai raises $140 mn from SoftBank Vision Fund, others

The two year-old startup will use the funding to accelerate the delivery of its human-centered AI platform and products to enterprises worldwide.

InMobi's Glance enters influencer-led shopping with Shop101 acquisition

This is the first major deployment of the funds raised in Dec, when Glance became a unicorn with Google's backing

IPV leads early-stage investment in FMCG distribution platform Dropshop

The startup is a full-stack platform for FMCG companies to digitise their last-mile distribution such as sales, logistics and credit to retailers.

Baba Ramdev's Ruchi Soya files FPO document to raise up to Rs 4,300 cr

Edible oil firm Ruchi Soya, which is owned by Baba Ramdev-led Patanjali Ayurveda, has filed draft document with SEBI to launch a follow-on public offer (FPO) for raising up to Rs 4,300 crore.

Cuemath eyes 30 new markets in FY22; another funding round likely this year

Online math learning platform Cuemath looks to venture in 30 new markets, and is keen to go for another, bigger round of funding later this year to support its expansion according to its founder.