Page 40 - Fundings
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.
 "Licious raises $192 mn from Temasek, others at $650 mn valuation")
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
 "CredR raises $6.5 million in its latest round led by Yamaha Motors")
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
 "10club raises $40 mn in one of largest seed rounds in e-comm roll-up 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)
 "NIRAMAI COVID screening solution receives funding from UK's CDC Group")
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.
 "Fintech startup slice raises $20 mn from Gunosy, Blume Ventures and others")
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.
 "Content startup Pratilipi raises Rs 20 cr in debt from Alteria Capital")
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
 "Kazam raises Rs 7 cr in seed round led by Inflection Point Ventures")
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
 "Tiger Global, Sequoia lead $25 mn round in financing startup Progcap")
Home fitness startup Portl raises undisclosed amount from Kalaari Capital
Company say it has developed proprietary tool for personalised workouts, nutrition advice.
 "Home fitness startup Portl raises undisclosed amount from Kalaari Capital")
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.
 "Vishal Sikka's Vianai raises $140 mn from SoftBank Vision Fund, others")
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
 "InMobi's Glance enters influencer-led shopping with Shop101 acquisition")
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.
 "IPV leads early-stage investment in FMCG distribution platform Dropshop")
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.
 "Baba Ramdev's Ruchi Soya files FPO document to raise up to Rs 4,300 cr")
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.
 "Cuemath eyes 30 new markets in FY22; another funding round likely this year")
Swedish startup Klarna raises funds from SoftBank at $45.6 bn valuation
Klarna in March raised $1 billion at a valuation of $31 billion, tripling its price from a previous round in September.
 "Swedish startup Klarna raises funds from SoftBank at $45.6 bn valuation")
Waterfield Advisors raises Rs 200 cr on first close of Rs 500-cr fund
The first close saw commitments from single-family offices and ultra-high net worth (UHNW) individuals.
 "Waterfield Advisors raises Rs 200 cr on first close of Rs 500-cr fund")
Wellness startup Pee Safe raises Rs 25 cr for R&D, product launches
The brand is also looking at raising Series B funding later this year.
 "Wellness startup Pee Safe raises Rs 25 cr for R&D, product launches")
Fintech firm Capital Float raises Rs 50 cr debt funding from Triodos IM
Fintech firm Capital Float on Wednesday said it has raised Rs 50 crore in debt for a period of three years from Triodos Microfinance Fund and Triodos Fair Share Fund
 "Fintech firm Capital Float raises Rs 50 cr debt funding from Triodos IM")