21K School Raises Pre-Series A Funding From Ronnie Screwvala
21K School, India’s first online-only school, has recently raised $5 million in pre-Series A funding round from Ronnie Screwvala, Co-Founder and Chairman, upGrad. The company aims to utilise the raised funds to augment its outreach to students in India and abroad. Additionally, the online school aims to strengthen its learning platform […]
Fintech Startup Slice Raises $220M, Turns Unicorn
Slice, a Bengaluru-based fintech startup, has raised $220 million in its Series B funding round led by New York-based investment firms Tiger Global and Insight Partners. Notable angel investors Guillaume Pusaz and Binny Bansal, as well as new and returning investors including Advent International’s Sunley House Capital, Moore Strategic Ventures, Anfa, Gunosy, Blume Ventures, and 8i, also participated […]
CanvaLoop Fibre Raises Pre-seed Funding From Theia Ventures And Social Alpha
CanvaLoop Fibre, a Gujarat-based startup that converts agricultural waste to textile fibres, has raised $200K (around Rs 1.5 crore) in a pre-seed funding round from Theia Ventures and Social Alpha. Founded in 2020 by Shreyans Kokra, a fourth-generation textile and fashion entrepreneur, CanvaLoop is a Gujarat-based startup, that through its […]
D2C Brand Mother Sparsh Raises Rs 20 Crore From ITC
Mother Sparsh, a baby and mother care D2C brand, is going to raise INR 20 Cr in Series A funding from FMCG-to-hospitality major ITC. The transaction is expected to complete in eight months, and post the funding round, ITC will acquire a 16% stake in the startup. As per the […]
Report: India Ranks Fourth Globally For VC Investments In Healthtech Sector Since 2016
According to the latest data from London & Partners and Dealroom.co, India has ranked fourth globally for healthtech investments by venture capitalists (VCs) since 2016. Taking the total investments by VCs in the healthtech space to $4.4 billion since 2016, the Indian healthtech sector has attracted $1.9 billion in funding […]
Momo QSR Brand Zomoz Adds Rebel Foods As Its Strategic Investor
Rebel Foods, a foodtech unicorn known for brands like Faasos and Behrouz Biryani, has invested an undisclosed amount in a Hyderabad-based quick-service restaurant (QSR) chain Zomoz. This Pre-Series A round of funding is a strategic investment by Rebel foods, and as per the founder of Zomoz, the funds will help […]
Gurugram-based Logistics Platform Pidge Raises $1 Million In Funding
Gurugram-based B2B logistics platform Pidge has raised $1 million in funding from Indian Angel Network (IAN). Before this funding round, the founders self-funded the company with a $2 million investment. The startup plans to use the raised funds for expanding its presence to Chandigarh, where they have recently launched, upgrading […]
Used Car Retailing Platform Spinny Raises $248M, Enters Unicorn Club
Spinny, a Gurugram-based used car marketplace, has raised Rs 1,849.45 crore ($248 million approximately) from returning and new investors as part of its Series E funding round, as per filings made with the Registrar of Companies. With this funding, Spinny has become the 39th Indian startup to enter the coveted unicorn club and is now valued […]
CoreStack Closes $30 Million Series B Funding Round
CoreStack, an AI-powered multi-cloud governance SaaS provider, has raised $30 million Series B funding led by Avatar Growth Capital. The funding round also witnessed continued participation from Dallas Venture Capital (DVC), Iron Pillar, and other angel investors. As per the company, the funding will help CoreStack continue its rapid pace […]
EV Startup Simple Energy Raises $21 Million In Pre-series Funding Round
Simple Energy, a Bengaluru-based electric vehicle startup, has announced the completion of a $21 million (Rs 155 crore) pre-series investment round. Driven by the company’s current investors and board members, Manish Bharti of UiPath and Raghunath Subramanian (Non-Executive Chairman, UiPath India), respectively, this oversubscribed funding round also witnessed participation from new investors […]