Fintech startup iPiD bags $3.3 Mn in seed round
International payments addressing startup iPiD has raised $3.3 million in its seed round led by Rapyd Ventures, Jungle Ventures, 1982 Ventures, Resolution Ventures, Saison Capital, the XA Network and Wing Vasiksiri. Founded in 2021 by Damien Dugauquier, Eddie Haddad and Geertjan van Bochove, iPiD enables market participants to simplify the cross-border payment experience, reduce failed […]
GREENEST raises pre-seed funding from Better Bite Ventures
Plant-based protein brand GREENEST has raised an undisclosed amount in a pre-seed funding round from Better Bite Ventures, and former chief executive for fresh fruits and vegetables and frozen foods vertical at ITC, Sachid Madan. The first company in the nation to have executed a variety of B2B partnerships, GREENEST with top food service providers […]
MedGenome secures $50 million in funding led by Novo Holdings
MedGenome, a Bengaluru-based genomics research business, has raised $50 million in a strategic investment round headed by life sciences investor Novo Holdings. Other current investors, including LeapFrog Investments and Sofina, also participated in the round. The cash will be used to expand the startup’s geographical impact beyond South Asia into Africa and the Middle East. […]
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 […]