Enterprise Gifting Platform Swageazy Secures Rs 7 Cr In Seed Round
Swageazy, an all-in-one enterprise gifting platform, has raised Rs 7 crore in seed funding led by Info Edge Ventures. Anicut Capital, Huddle Ventures, and other prolific angel investors, including Ankur Agarwal (Co-founder of Dunzo), Dhruv Toshniwal (CEO and Founder of The Pant Project), and Kartik Mandaville (CEO of Springworks), amongst […]
Freshsharp Raises $125K In Seed Funding From Ok Acquired, Others
Freshsharp, a startup that sells fresh meat, seafood and other fresh animal protein online, has raised $125k in a seed funding round from lead investor Ok Acquired (lending partners by a corporate lending financial services company) and angel Investor Syed Akbar Raza Ahmed & Hussain Ahmad. As per the startup, […]
Bengaluru-based Studio Sirah Raises $830K In Seed Funding
Studio Sirah, a Bengaluru-based gaming studio, has raised a seed investment of $830,000 led by Lumikai with participation from a group of strategic angels. These strategic angels include Akshat Rathee (Founder of Nodwin Games), Piyush Shah (Co-founder of Inmobi), Roshni Rathi (Partner at BCG), Alexis Bonte (COO at Stillfront Games), […]
Report: Around $17.2B Invested In Indian Startup Ecosystem By VC Firms During Jan-July 2021
As per data released by Venture Intelligence (VI) and the Indian Private Equity and Venture Capital Association (IVCA), Venture capital firms invested a total of $17.2 billion into the Indian startup ecosystem during January-July 2021. This invested amount is much higher than the investments made by VCs in 2020 and 2019, $11.1 […]
Gurugram-based Healthtech Startup Meddo Acquires Doxper
Just a month after raising a pre-Series A round of $6 million, Gurugram-based healthtech startup Meddo has acquired Mumbai-based Doxper in a cash and stock deal. Founded by Shailesh Prithani, Randeep Singh and Pawan Jain in 2015, Doxper works in the prescription digitisation space. Its proprietary AI-powered digital pen and paper solution allows doctors to […]
Report: Indian SaaS Industry Expected To Record 5x Growth Over Next Five Years
According to the joint study by venture capital firm Chiratae Ventures and management consultancy firm Zinnov, the Software as a Service (SaaS) industry in India is expected to grow by 5x over the next five years. The report titled- Indian SaaS Revolution: Rising Trillion Dollar Global Opportunity, stated that over the last five years, there had […]
9Unicorns Launches Student Fund, Plans To Invest Up To $75K Per Startup
VC firm 9Unicorns has announced that it is launching a student-focused VC fund known as campus fund, university fund, or student capital. According to a press statement, the fund would enable students at premier institutes such as IITs and IIMs to launch their startup in the coming campus placement season even […]
FamPay Signs Deal With Visa To Launch Numberless Cards For Teens
FamPay, a teen-focussed payments platform, stated that it had signed a deal with card issuer Visa Inc to launch numberless, prepaid cards for teenagers. The card will enable teenagers to make NFC-powered payments. Additionally, they will be able to customise the cards to their liking using different fonts, doodles, and […]
Bike Taxi Startup Rapido Raises $43 Mn In Series C Funding
Rapido, a Bengaluru-headquartered bike taxi startup, has raised Rs 321 Cr or $43.4 Mn in a Series C funding round led by existing investor Westbridge Capital. First reported by Inc 42, the funding round also saw participation from firms including Nexus Ventures, Everblue Bangladesh LLC, Motherson Lease Solutions, MMPL Trust, […]
LEAD School Raises $30 Million In Series D Funding Round
LEAD School, an edtech company, has raised $30 million in its Series D funding round led by GSV Ventures. The funding round also saw participation from LEAD School’s existing investor WestBridge. First reported by entrackr, this is the first investment by the US-based venture capital firm in an Indian edtech […]