New Delhi-Based B2B Fashion Tech Startup Couch Fashion Raises $150,000 In Seed Funding
New Delhi-based B2B fashion tech startup Couch Fashion has raised $150,000 in its seed funding round from We Founder Circle (WFC), a startup investment platform. Couch Fashion plans to utilise the capital to increase product offerings to customers, content partnerships, as well as expand its team. The fashion tech startup […]
Edtech Startup ‘Doubtnut’ Raises $25 Million In Series B Funding Round
Doubtnut, an edtech startup, has raised $25 million (Rs 183.3 crore) in its Series B round from SIG Global, Sequoia Capital, WaterBridge Ventures and ON Mauritius. The edtech startup has allotted 8,097 series B preference shares at an issue price of Rs 226,345 per share to raise Rs 183.3 crore. […]
Instant Tutor App ‘Filo’ Raises $260K In Pre-Seed Funding From Better Capital
Filo, an instant tutor app, has raised $260,000 as part of its pre-seed investment round from Better Capital. As per the startup, it plans to use the funding to scale its service to millions of students and significantly grow its tutor base. Started in October 2020 by school friends Imbesat […]
Online Coding Platform For K-12 Kids ‘Codingal’ Raises An Undisclosed Amount From Y Combinator
Codingal, a Bangalore-based online coding platform for K-12 kids, has raised an undisclosed amount from Y Combinator. The startup also has been selected in US-based Y Combinator’s W21 cohort. As per the startup, it will use the investment to enhance the teachers’ base, curriculum, and integrated product to realise its […]
New Delhi-Based Fintech Startup ‘Progcap’ Raises Rs 10 Crore In Debt Funding
Progcap, a New Delhi-based fintech startup, has raised Rs 10 crore in a debt funding round from Stride Ventures, a venture debt fund. Progcap, which claims to have scaled up over 5X post-COVID, As per the startup, it aims to use the funding to increase its AUM and increase the […]
Mumbai-Based Digital Automation Platform ‘AutomataPi’ Raises Rs 3 Cr In Seed Funding
AutomataPi, a digital process automation platform, has raised Rs 3 crore in a seed round of funding from Indian Angel Network (IAN), led by KRS Jamwal, Prashant Pahade, Jaideep Mehta, and Nitin Jain. Prashant Pahade will join the company’s board. As per the startup, the funding will enable the startup […]
Bengaluru Based ‘Newton School’ Raises Rs 36.64 Cr In Series A Funding Round
Newton School, a pay after placement online coding trainer platform, has raised Rs 36.64 crore in its Series A round led by early-stage VC firm RTP Global. The funding round also saw participation from Nexus Ventures, AngelList along with seven individuals. Started in 2019 by Nishant Chandra and Siddharth Maheshwari, […]
E-commerce Analytics Platform ‘DataWeave’ Acquihires AI-Powered Video Analytics Platform ‘Sparrosense’
Bengaluru-based e-commerce analytics platform DataWeave has acquihired Sparrosense, a Gurugram-based AI-powered video analytics platform for shop-floor monitoring. Acqui-hiring is the process of acquiring a company primarily to recruit its employees, rather than to gain control of its products or services. Abhinav Gupta, Co-founder and CEO of Sparrosense, will join DataWeave and […]
Online Investment Platform ‘Vested Finance’ Raises $3.6 Million In Seed Funding
Vested Finance, an online investment platform, has raised $3.6 million in seed funding with participation from Moving Capital, Ovo Fund, TenOneTen Ventures in the US, and Inflection Point Ventures and Venture Catalysts in India. As per the company, it plans to use the funds to accelerate product development and hire […]
Indian Startups Receive $10.14 Billion Funding In 2020: Report
According to a report by consulting firm HexGn, Indian startups received an estimated amount of $10.14 billion in funding across more than 1,200 deals in 2020. Despite the COVID-19 pandemic, Indian startup ecosystem saw an increase of 20% in the number of deals, though the total investment received in 2020 […]