Page 8 - Startup Funding

Fintech unicorn Slice raises $50 mn funding led by Tiger Global, others

With its core credit product set to become profitable in the months ahead, Slice will use the new capital to shore up its balance sheet and support expansion of its new UPI product

Pune-based Repos Energy raises Rs 56 crore from Ratan Tata, others

The fresh capital as part of pre-series A funding round is in combination of equity and debt, the company said

Newton School secures $25 mn in funding led by Steadview Capital

The capital raised will be used to accelerate the company's growth and expand its team, technology and brand building initiatives, the company said

Pratech Brands raises $3 mn led by Sequoia's 'Surge' to launch Hyugalife

Hyugalife will host over 1,000 brands across categories, including women's health, Ayurvedic and plant-based supplements, kids health, sports nutrition, vitamins, among others

For 3rd quarter in row, Indian startup funding crosses $10 bn in Q1: Report

Creation of 14 more unicorns takes the overall tally of startups with over USD 1 billion valuation in the country to 84 now, according to a PwC India report

Agritech venture capital firm Omnivore to set up Rs 1,000 crore fund

The new fund will continue to invest in early-stage startups developing breakthrough technologies for agriculture, food, climate, and the rural economy

Group buying start-up Citymall raises $75 mn in Series C funding round

It is the company's third fundraise in 18 months, bringing the total capital raised to $110 million.

D2C start-up mCaffeine raises Rs 240 cr at a valuation of Rs 1,000 cr

Founded in 2016, mCaffeine had attracted a cumulative of Rs 60 crore through successive rounds of funding over the years

Unicorn Ventures India leads seed round in food tech startup FairPlum

Fairplum works with the heritage food brands of India, taking dishes from their kitchens and making it available to consumers

Indian husband and wife entrepreneurs mint own unicorns within a year

Ruchi Kalra co-founded digital lending startup Oxyzo Financial Services; her husband Asish Mohapatra set up OfBusiness to provide financing using technology.

IPV launches Physis Capital with fund size of $50 mn for startups

Physis Capital will build a portfolio of 15-20 startups with an average ticket size of $2.5 million.

Junio raises $6 mn in pre-series A funding round led by NB Ventures

Junio aims to digitise pocket money for children and be the preferred digital payment option.

Pocket FM raises $65 mn in funding from Goodwater Capital, Naver, Tanglin

Pocket FM offers over 1,00,000 hours of long-format content, audio series, stories, novels, podcasts, and knowledge shows in 8 languages

Google, MeitY to help 100 Indian startups for making global apps, games

As part of the 6-month programme Google and MeitY, will train 100 startups through a customised curriculum designed to help them drive high-quality apps for a global market

Volopay raises $29 mn from Winklevoss twins, JAM Fund, and others

Volopay has amassed a clientele with the likes of CoinDCX, Livspace, MPL, InVideo, and MX Media.

ExactSpace Technologies raises $1.4 mn in seed funding led by Thermax

ExactSpace Technologies' proprietary AI platform Pulse combines algorithms which 'learn' about machine behaviour with expert knowledge of the industry to help operators make accurate decisions.

Testsigma raises $4.6 million in seed funding led by Accel, STRIVE

Testsigma's open-source test automation platform is designed to enable modern software development teams to test and release products quickly, continuously, and at scale.

Data centre specialist Princeton Digital raises $500 mln, led by Mubadala

The funding will enable the Princeton Digital to deepen its presence in Japan, India, Singapore.

Ex-Twitter India chief Manish Maheshwari's Invact Metaversity raises $5 mn

Antler India invested in Invact Metaversity alongside other global institutional investors like Arkam Ventures from India, Picus Capital, M Venture Partners, BECO Capital and 2am VC

Propelld raises $35 mn in Series-B funding led by WestBridge Capital

Propelld has tie-ups with over 550 educational institutes and is currently clocking an annual loan disbursal run rate of Rs 600 cr.