Page 27 - Fundraising
Software startup Postman's valuation tops $5.6 bn after $225 mn fundraise
Postman was founded in 2014 by Abhinav Asthana, Ankit Sobti, and Abhijit Kane
 "Software startup Postman's valuation tops $5.6 bn after $225 mn fundraise")
RaRa Delivery raises funding to move all Indonesian deliveries to same-day
Founded by Karan Bhardwaj, RaRa Delivery's tech team is based in India, with an aim of scaling its India operations
 "RaRa Delivery raises funding to move all Indonesian deliveries to same-day")
Amazon, Premji Invest back fintech smallcase in $40 mn funding
The capital raised will be used to launch better investment products for the retail investor
 "Amazon, Premji Invest back fintech smallcase in $40 mn funding")
Fresh funding to boost DrinkPrime's safe and clean drinking water mission
With most of the water in the plastic cans being unsafe and with less than 5 per cent of Indians actually owning a water purifier, the problem is real and DrinkPrime is addressing that.
 "Fresh funding to boost DrinkPrime's safe and clean drinking water mission")
Bike taxi startup Rapido raises $52 mn to expand operations across India
With its latest round of funding, Rapido will be making strategic investments in innovations, technology, people, and supply
 "Bike taxi startup Rapido raises $52 mn to expand operations across India")
myTVS raises Rs 375 cr from Exor-backed fund, joins 'super app' race
mTVS's super app plans comes after companies Tata Group, Reliance Industries, PhonePe, Paytm and GooglePay, announced the launch of a super app
 "myTVS raises Rs 375 cr from Exor-backed fund, joins 'super app' race")
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
 "Chiratae Ventures closes fourth fund at $337mn, oversubscribed by 25%")
Finance concierge start-up Zeni raises $34 mn to help firms manage finances
Existing investors Saama Capital, Amit Singhal, Sierra Ventures, Twin Ventures, Dragon Capital and Liquid 2 Ventures also participated in the round
 "Finance concierge start-up Zeni raises $34 mn to help firms manage finances")
Conversational AI firm yellow.ai raises $78.15 mn in Series C round
The company's AI-powered bots deliver automated customer experience on over 35 chat and voice channels, across more than 100 languages, handling over a billion interactions every quarter
 "Conversational AI firm yellow.ai raises $78.15 mn in Series C round")
Employee health benefits startup Onsurity raises $16 mn from Quona, Nexus
The round also saw participation from healthcare entrepreneur Vivek Garipalli, the founder and CEO of Clover Healthcare
 "Employee health benefits startup Onsurity raises $16 mn from Quona, Nexus")
Youth apparel brand The Souled Store raises Rs 75 cr in Series B funding
The company, which makes apparels from pop-culture themes like superheroes, movies, and cartoons, says it aims to cross Rs 1,000 crore GMV (gross merchandise value) by 2025
 "Youth apparel brand The Souled Store raises Rs 75 cr in Series B funding")
StockGro raises $5 mn in pre-series A round, to use funds to get more users
StockGro now has leading fund managers, F&O traders, and algo traders driving their social groups, helping users learn various trading strategies
Bhavin Turakhia's email startup Titan raises $30 mn, valued at $300 mn
It's the first funding raised by Titan. Along with investment from Automattic, Titan will also be able to leverage the huge presence of WordPress across the globe
 "Bhavin Turakhia's email startup Titan raises $30 mn, valued at $300 mn")
Plug-and-play firm Quickshift raises $770,000 from Anicut Angel, Axilor
Quickshift is a tech fulfilment company providing solutions through a quick turnaround time. It is also an accelerator for brands in the D2C, e-commerce, B2B & retail spaces
B2B sales productivity startup Nektar.ai closes seed round of $8.1 million
$6 bn tranche of funding led by B Capital Group, 3One4 Capital and Nexus Venture Partners; Ritesh Agarwal of OYO Hotels, Deep Nishar of Softbank among clutch of angel investors
 "B2B sales productivity startup Nektar.ai closes seed round of $8.1 million")
Language learning platform Instrucko raises $1 mn in pre-series A round
Firm to expand business in India and West Asia, with core focus on providing children in 3-15 age group with premium content and training by leading educationists from across the world
 "Language learning platform Instrucko raises $1 mn in pre-series A round")
Fashinza raises $20 mn as it aims to tap $800 bn global fashion mfg space
Fashinza was started to help small and medium ethical factories employing millions of workers connect with global demand and eliminate environmentally unsustainable practices like overproduction
ShareChat, Moj valued at $2.88 billion in $145-million fundraise
Investment was led by Singapore state investor Temasek, Moore Strategic Ventures and Mirae-Naver Asia Growth Fund
 "ShareChat, Moj valued at $2.88 billion in $145-million fundraise")
Beauty brand MyGlamm closes Accel-led funding round at Rs 530 crore
The top-up was led by marquee global venture capital firm Accel along with existing investors
 "Beauty brand MyGlamm closes Accel-led funding round at Rs 530 crore")
D2C personal care brand Beco raises Rs 4 cr seed led by Climate Angels Fund
With the added capital support, Beco aims to quadruple sales and encourage consumers to switch to sustainable living through their eco-friendly product range