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 […]
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 […]
Harvesting Farmer Network raises $4 million from Chamath Palihapitiya’s Social Capital
Harvesting Farmer Network (HFN), India’s largest agriculture technology platform, has raised $4 million in funding from Social Capital, a Silicon Valley-based technology investment firm led by Chamath Palihapitiya. This is HFN’s first institutional round, which will be used to contact India’s more than 120 million smallholder farmers and to investigate the potential in India’s rural […]