Recruitment platform Kula bags $12 mn in seed round led by Sequoia, Square Peg
Recruitment automation platform Kula has raised $12 million in a seed fundraising round headed by Sequoia Capital India and Australia-based Square Peg Capital. Existing investors Venture Highway, Together Fund, and some angel investors also participated in the round. The company raised about $2.7 million within the six months following the pre-seed announcement, bringing the total […]
EV tech startup Electrifuel raises RS 1.8 Cr in funding from Indian Angel Network
Electrifuel, an Electric vehicle (EV) technology startup, has raised Rs 1.8 crore in funding from the Indian Angel Network (IAN), led by lead investors Vishnuraj Kunjur, Sahil Kejriwal, and Pradeep Gupta. The business stated that it will utilise the capital to boost production by expanding its staff and hiring for several positions as well as […]
Nazara acquires US-based gaming company WildWorks
Gaming and sports media platform Nazara Technologies has acquired 100% stake in Delaware-based kids gaming firm WildWorks Inc. This would be one of the several acquisitions in the past year by the Mumbai-based company. Nazara Technologies entered into the agreement to acquire 100% share capital of Wildworks in an all cash deal from their existing […]
Construction management app Powerplay raises $7 million in funding led by Accel India
Powerplay, a construction management firm, has secured $7 million in a new fundraising round headed by Accel India and joined by other current investors. This would be the firm’s second investment round in the last 13 months. According to the company’s regulatory filings with the Registrar of Companies (RoC), the board of directors of Powerplay […]
India’s largest free learning platform Studeasy has been launched for 50 million school students in 10 State Boards
ConnectEd Technologies, a Mumbai-based EdTech social company, has created Studeasy, India’s largest learning platform for regional-language State Boards. The platform, which is available as a free website and Android phone app, provides the most comprehensive collection of high-quality instructional movies and examinations for the country’s ten regional-language State Boards. Initially, movies on the Studeasy platform […]
SaaS-led B2B Retail Commerce Platform Soptle raises angel funding led by Soonicorn LLP
Soptle, a retail commerce platform that focuses on software as a service (or SaaS), has raised an undisclosed angel funding round that was headed by Soonicorn LLP. A number of logistics investors, including Vaishnav Shetty (Executive Director and CDO of All-cargo Group), Pirojshaw Sarkari (CEO of Gati Ltd), and Saurabh Agarwal (Ex-Founder Fitso (Acquired by […]
Meesho develops a logistics SaaS platform to expand its network
According to people familiar with the situation, e-commerce business Meesho is developing a logistics-focused enterprise software solution that can be utilized by small and medium-sized industrial participants. While the product is still being developed internally, Meesho’s reliance on significant third-party logistics firms such as Ecom Express, Xpressbees, and Delhivery will be reduced over time. Meesho […]
Ecommerce Startup Zeew Raises $630K In Seed Funding
Zeew, an Egypt-based SaaS firm in e-commerce, has raised $630,000 in a Seed round from Plug and Play, Poland Prize, and a collection of angel investors, bringing its total funding raised over the past two years to $1 million. At present, Zeew has merchants in 100 different countries who operate in a variety of verticals, […]
ApniBus secures its pre-seed funding from Antler India
ApniBus, an intercity bus platform for Bharat, has raised pre-seed funding led by Antler India. Goodwater Capital and angels such as Neeraj Singh and Ashish Mohapatra also participated in the round. Sumit Gupta, Apni Bus co-founder, said, “The Tier 3 and Tier 4 intercity travel markets are enormous and ripe for disruption.” Coming from a […]
EV Startup–3eco & Its Parent 3ev raises $ 4 million in funding from Credence
Credence, a new age startup for potential based education loans, invested a total of $4 Mn in 3ev an electric vehicle startup and its parent company 3eco Systems’ Pre-Series A funding rounds. From this, $2.5 million has been invested in 3ev, while the remaining $1.5 million is for 3eco. Nitesh Arora, government director at Credence […]