Frendy raises Rs 2 crore in debt from UC Inclusive Credit
FRENDY, a tech-enabled small format grocery chain addressing daily shopping needs of tier 3 and beyond cities, has raised Rs 2 Cr as working capital credit from UC Inclusive Credit (UCIC), an NBFC arm of Unitus Capital. The capital will be deployed to fund its central inventory needs to feed its network of Frendy Marts & […]
Machaxi raises INR 4.8 Crore in Pre Series A by IPV
Machaxi, a tech-enabled sports startup has raised INR 4.8 Crore in a Pre Series A Round led by Inflection Point Ventures. The funds will be used to develop technology for user analytics and sports shopping, expand the sports shop vertical, and to build the Machaxi brand. The company provides technology-enabled sports coaching for kids, offers […]
Rocketlane raises $24M in Series B
Rocketlane, the leading B2B SaaS platform for client project delivery, today announced it has raised $24M in its Series B funding round, bringing the total funds raised to $45M. This latest round of funding comes at a time when the company still had $11 million in the bank. The Series B is co-led by 8VC, […]
ZYOD Raises $18 Mn in Series A Funding
ZYOD, a tech-enabled fashion manufacturing platform offering seamless solutions from design to delivery, has secured USD 18 Million in its Series A round of funding. This investment round was led by RTP Global and also saw participation from existing investors Lightspeed and Alteria Capital and new investors Stride Ventures, Stride One, and Trifecta Capital. With […]
HealthPresso to Raise $1 Million in Pre-Series A Funding Round
Health-Tech startup HealthPresso is all set to raise a $1 million pre-series A funding round, instrumental in the platform’s initial growth phase. The investor community has shown substantial interest in HealthPresso, recognizing the potential of its custom AI-engine (HumetaTM) and extensive distribution network.This infusion of capital will accelerate the growth trajectory, enabling the scaling of […]
D2C Company Palette Brands close to $2 million in Pre-series A Funding
Palette Brands (Earlier White.Inc), a next-generation consumer goods company that is building aspirational brands across high growth verticals, has raised close to $2 million in a Pre-series A round. The round was led by Rockstud Capital, along with participation from existing investors including IPV & Dholakia Ventures, and some prominent angels investors including Stoffer Anko Norden and Apurva Salapuria. According to […]
Fin InsureTech Startup Finsall Raises Rs 15 Crore in Bridge Round
Insurance-First BNPL startup, Finsall has raised INR 15 crore in a bridge round led by Unicorn India Ventures and Seafund with additional involvement from other institutional investors. The funds raised will be used for setting up an NBFC to scale lending operations and deliver more value to its customers in insurance premium financing. The funds will […]
Elev8 Venture Partners Invests Spiritual-Tech Company – Astrotalk
Elev8 Venture Partners, a Bangalore-based growth-stage fund, proudly announces its second investment from its maiden fund into Astrotalk. This investment round totals INR 110 crores (USD 14 million) and includes a mix of primary and secondary investments. This funding follows a previous round led by Left Lane with an investment of INR 160 crores (USD […]
AbleCredit, an AI credit company, raises seed funding led by Merak Ventures
Merak Ventures, a sector-agnostic early-stage venture capital (VC) firm, has announced its fourth significant investment this year, participating in a $1.25Mn (~INR 10 CR) round in AbleCredit, an AI credit underwriting company. The seed round was led by Merak Ventures, with participation from Venture Catalysts and Helios Holdings (Suraj Nalin). There is a credit gap […]
Freshleaf raises INR 1 Crore in seed round led by IPV
Premium tea brand Freshleaf has raised INR 1 Crore in seed round led by Inflection Point Ventures. The funds raised will be utilized to expand marketing efforts, increase production capacity, and enhance research and development for new products. By focusing on these key areas, Freshleaf aims to strengthen its brand presence, meet growing demand, and […]