Merak Ventures launches a $100 million debut fund to back early-stage startups
According to Manu Rikhye and Sheetal Bahl, creators of the sector-agnostic, early-stage venture capital (VC) firm, Merak Ventures is raising its first fund with a target corpus of $100 million. In the next three to four years, the fund will invest in 18 to 20 firms. Merak will provide seed funding to business-to-business (B2B) and […]
Spacetech Startup Pixxel raises Undisclosed funding from Accenture
Indian space-tech startup Pixxel has received an undisclosed strategic investment from Accenture Ventures, the investment arm of the multinational IT services company. After Canadian firm Radical Ventures led Pixxel’s $25 million Series A fundraising round, which was revealed in March 2022, Accenture Ventures is now the second global fund to have invested in an Indian […]
Human Edge secures $1.5 Mn led by Bharat Innovation Fund
Enterprise-focused wellbeing platform Human Edge has raised $1.5 million led by Bharat Innovation Fund. Lead Angels, Force Ventures and a few angel investors also participated in the company’s maiden external financing round. The fresh capital will be utilised to develop a mobile app and set up their sales processes and team in the overseas market […]
Axilor Ventures infuses $5 Mn in Metalbook
Digital supply chain platform Metalbook has raised $5 million in seed funding led by Axilor Ventures. Other investors such as Foundamental, RTP Global, and Stride Ventures, along with a few angel investors also participated in this round. According to Metalbook, the raised funds will be deployed towards expanding India-made steel products across the globe, strengthening […]
Kedaara Capital invests $50 million in IVF chain Oasis Fertility
Oasis Fertility announced an investment from Indian private equity firm Kedaara Capital for a sizable minority ownership in the business. This is Kedaara’s second investment in the healthcare industry’s single speciality. With this $50 million deal and a promise to invest more money in smart acquisitions, Kedaara hopes to assist Oasis achieve its goal of […]
Waycool raises $12 million from Trifecta and grows its ESOP pool by 20%
Trifecta Ventures, a venture debt firm, is helping B2B food and agritech platform Waycool raises $12 million via a combination of debt and equity. In a debt and equity transaction headed by alternative investment company 57 Stars Global Innovation Fund two months prior, Way cool raised $40 million. The Chennai-based company received its second round […]
Burger Singh raises Rs 30 Cr in Series A round
Homegrown burger chain Burger Singh has raised Rs 30 crore in Series A round through StartupLanes led by Negen Capital along with Lets ventures, Mumbai Angels, Old World Hospitality and Jasleen Royal. The round also saw participation from existing investors RB Investments, Rukam Capital, KCT Family Office and V.M. SALGAOCAR family office (Goa). RB Investments […]
Personal care brand CureSkin raises $5M in Series A round led by JSW Ventures
Bengaluru-based artificial intelligence-driven beauty and personal care brand CureSkin has raised $5 million in a Series A round led by JSW Ventures with participation from Sharrp Ventures, SenseAI, and other existing investors. According to an official statement, the startup plans to deploy these funds to grow its overall customer base, expand into adjacent categories and […]
Agritech startup Otipy raises $32M in Series B led by Westbridge Capital
Agritech startup Otipy on Monday said it raised $32 million (Rs 235 crore) in a Series B round led by Westbridge Capital. Existing investors SIG and Omidyar Network India also participated in the round, the startup said in a statement. The Series B funding comes in six months after the Gurugram-based startup raised $10.2 million […]
Captain Fresh raises $50M in Series C round
B2B animal protein marketplace Captain Fresh has raised $50M in a Series C funding round co-led by its existing investors Prosus Ventures and Tiger Global. The round also saw the participation of existing investors Accel India, Matrix Partners India, Ankur Capital, and Incubate Fund. This was the company’s third investment in 12 months, with its […]