Parking Spot Reservation Platform ParkSmart raises INR 1.5 CR from ah! Ventures and Marwari Angels
ParkSmart, a parking spot reservation platform founded by graduates from IIT Delhi has raised INR 1.5 CR through ah! Ventures angel platform. Marwari Angels also participated in this round. This is ah! Ventures 57th investment taking its total investment portfolio to INR 178 CR with 9 exits till date.
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Tuesday, 14 July 2020
Parking Spot Reservation Platform ParkSmart raises INR 1.5 CR from ah! Ventures and Marwari Angels
Hyderabad Based eCommerce Startup 'IncNut Digital' Raises $4 Million In Series A Funding
Hyderabad Based eCommerce Startup 'IncNut Digital' Raises $4 Million In Series A Funding
eCommerce startup IncNut Digital has raised $4 million in its Series A round. The funding round was led by early-stage consumer-centric venture capital fund, RPSG Ventures. The startup plans to use the funding amount to strengthen and expand the Research and Developments labs.
Saturday, 11 July 2020
Startup Funding Alert: Pune Based Tech Startup 'GigIndia' Raises Rs 7.3 Cr In Pre-Series A Funding Round
Pune Based Tech Startup 'GigIndia' Raises Rs 7.3 Cr In Pre-Series A Funding Round
Pune-based tech startup GigIndia has raised Rs 7.3 crore in pre-Series A funding round led by Incubate Fund India with participation from Beyond Next Ventures. The funding round also saw the participation from existing angel investors S Ramadorai (former TCS CEO); Ravi Nigam (former MD & Co-founder of Tasty Bite Eatables); Kiran Deshpande (former CEO of Tech Mahindra); and Shashank Deshpande (Co-founder of Clarice Technologies).
Startup Funding Alert: Poonawalla, Infy co-founder pile into digital content startup JetSynthesys
Poonawalla, Infy co-founder pile into digital content startup JetSynthesys
JetSynthesys Pvt. Ltd, a digital content and technology platform that is part of the diversified JetLine Group of Companies, has raised Rs 300 crore (approximately $40 million at current exchange rate) in funding. The capital infusion in Pune-based JetSynthesys has been led by the family offices of Serum Institute of India chief executive officer Adar Poonawalla and Infosys co-founder Kris Gopalakrishnan.
EV Battery Technology: US sodium-ion battery developer raises $35M as storage investment surges
US sodium-ion battery developer raises $35M as storage investment surges
Natron Energy, a California-based startup developing a battery using Prussian blue analogue electrodes and a sodium-ion electrolyte, has raised $35 million in series D funding round led by ABB Technology Ventures, NanoDimension Capital and Volta Energy Technologies. Return backers Chevron Technology Ventures, Khosla Ventures, and Prelude Ventures also participated.
Fisker Raises $50 Million Funding; Will Be Used For Development Of Ocean Electric SUV - carandbike
Fisker Raises $50 Million Funding; Will Be Used For Development Of Ocean Electric SUV - carandbike
View Photos The investment comes from Louis M. Bacon's Moore Strategic Ventures The funds will go into the development of the all-electric Fisker Ocean The Fisker Ocean electric SUV will also come to India American electric car manufacturer, Fisker Inc., has announced raising a new $50 million Series C funding from Moore Strategic Ventures, LLC, the private investment vehicle of popular hedge fund manager Louis M.
Thursday, 9 July 2020
Startup Funding Alert: Vor Biopharma Closes $110 Million Series B Financing
Vor Biopharma Closes $110 Million Series B Financing " Vor Biopharma
Proceeds will advance the company's lead program into clinical trials and expand the portfolio CAMBRIDGE, Mass., - July 7, 2020 - Vor Biopharma, an oncology company pioneering engineered hematopoietic stem cells (eHSCs) for the treatment of cancer, today announced it has raised $110 million in a Series B financing.
Startup Funding Alert: EV startup Earth EnergyEV raises seed funding
[Funding alert] EV startup Earth Energy EV raises seed funding
Electric Vehicles startup Earth Energy EV has raised an undisclosed amount of funding in its seed round. The funding round was led by LR Joshi, Managing Director at Pranada Bio-Pharma Pvt Ltd, along with other equity investors.
Startup Funding Alert: Venture Catalysts invests in wellness startup Green Cure
[Funding alert] Venture Catalysts invests in wellness startup Green Cure
Delhi-based wellness startup Green Cure has raised undisclosed amount of funding from Venture Catalysts. The round was led by Gunvanth Vaid, Founder of 4G Capital and ACG World, which are part of Venture Catalysts. Green Cure, which sells herbal OTC products, said it will utilise the fresh capital to further scale up its operations and launch products in new categories.
Tech Accessibility Startup K4Connect Raises $7.7M to Close $21M Funding Round - Voicebot.ai
Tech Accessibility Startup K4Connect Raises $7.7M to Close $21M Funding Round - Voicebot.ai
Tech solutions for seniors and those with disabilities developer K4Connect has closed a $21 million Series B funding round after new investor Forte Ventures contributed $7.7 million. The startup plans to use the funds for designing and distributing its technology, a need heightened by the current COVID-19 health crisis.
Startup Funding Alert: Gurugram-based startup Blue Sky Analytics raises $1.2M led by BEENEXT
[Funding alert] Gurugram-based startup Blue Sky Analytics raises $1.2M led by BEENEXT
Gurugram-based geospatial data intelligence startup Blue Sky Analytics (BSA) has raised a $1.2 million seed funding round, led by BEENEXT Emerging Asia Pte Ltd. Zerodha-backed Rainmatter Capital Private Limited and Stanford Angels & Entrepreneurs also joined the round. Teruhide Sato, Founder and Managing Partner, BEENEXT, said, "Over the last couple of years, there has been an increased focus on geospatial technology.
Startup Funding Alert: Cybersecurity startup Securden raises $1.2M from Accel, others
[Funding alert] Cybersecurity startup Securden raises $1.2M from Accel, others
Chennai and US-based cybersecurity startup Securden Inc has raised $ 1.2 million in a seed investment round led by Accel with participation from Girish Mathrubootham, founder and CEO of Freshworks; Axilor Ventures; Manav Garg, founder and CEO of Eka1.com; and CaratLane CEO Mithun Sacheti.
Startup Funding Alert: Mumbai Based B2B Startup Bulk MRO Raises Rs 25 Crore In Debt Funding
Mumbai Based B2B Startup Bulk MRO Raises Rs 25 Crore In Debt Funding
B2B startup Bulk MRO has raised Rs 25 crore in debt funding from Delhi-based Stride Ventures. The venture fund has also partnered with one of India's leading banks for the deal. Founded by Gaurang Shah and Devang Shah in 2015, Bulk MRO is a Mumbai-based B2B startup that enables the supply chain procurement needs of its customers and suppliers globally.
Wednesday, 8 July 2020
Quantum cryptography startup PQShield exits stealth - SiliconANGLE
Quantum cryptography startup PQShield exits stealth - SiliconANGLE
Post-quantum cryptography startup PQShield Ltd. is exiting stealth mode today armed with a suite of tools it says companies can use to safeguard computer systems and other devices from quantum-based attacks. It also announced £5.5 million ($6.8 million) in seed funding from backers including Kindred Capital, Crane Venture Partners, Oxford Sciences Innovation and angel investor Andre Crawford-Brunt, the former global head of equities at Deutsche Bank AG.
French startup Synapse Medicine raises $8 million for medical intelligence platform that informs correct drug use - Tech.eu
French startup Synapse Medicine raises $8 million for medical intelligence platform that informs correct drug use - Tech.eu
Synapse Medicine, French creator of a 'medication intelligence platform' dedicated to correct drug use, has raised $8 million in a funding round led by by the MACSF, a French insurance provider for healthcare professionals, with the support of XAnge, BNP Paribas, BPI and Nicolas Dessaigne, co-founder of Algolia.
Startup Funding Alert: Former NewMotion CEO invests in Mumbai-based EV charging company BrightBlu
Former NewMotion CEO invests in Mumbai-based EV charging company BrightBlu
Mumbai-headquartered electric vehicle charging solution company BrightBlu has announced that the former CEO of EV charge point operator NewMotion, Sytse Zuidema, has become a new shareholder in the company. BrightBlu was formed in 2019, after the merger of Asia Electric, an EV charging solutions company and DrivAMP, a smart charging technology provider.
Startup Funding Alert: 1mg Looks To Raise $17 Mn Debt From Existing Investors
Exclusive: 1mg Looks To Raise $17 Mn Debt From Existing Investors
1mg's investors include IFC, HBM Healthcare Investments, KWE Beteiligungen and more The company had raised close to $70 Mn Series D round led by Corisol Holdings last year 1mg has also received INR 20 Lakh in grant from Action Covid-19 Team (ACT) to tackle the virus Online pharmacy 1mg is raising INR 133 Cr ($17 Mn) in debt from existing investors MPOF Mauritius, MAF Mauritius, HBM Healthcare Investment, AG's subsidiary KWE Beteiligungen and World Bank's investment arm International Finance Corporation (IFC).
Startup Funding Alert: PiggyRide bags Rs 14 crore funding led by JAFCO Asia - ETtech
PiggyRide bags Rs 14 crore funding led by JAFCO Asia - ETtech
PiggyRide, which offers cab services for kids, has raised Rs 14 crore in pre-Series A investment from JAFCO Asia, along with a new investor Artha Venture Fund. The startup runs three products including PiggyDiscovery, which offers parents and kids a platform to browse and book extracurricular interest-based activities.
Monday, 6 July 2020
Weekly Updates: Funding in Indian startups this week (29 June-04 July, 2020) - Entrackr
Funding in Indian startups this week (29 June-04 July)
This week 14 Indian startups raised funding, of which 10 received a total sum of about $43 million. Among them, Zetwerk raised the highest funding
Sunday, 5 July 2020
Startup Funding Alert: Voice Filter Startup Voicemod Closes $8M Funding Round - Voicebot.ai
Voice Filter Startup Voicemod Closes $8M Funding Round - Voicebot.ai
Voice filter startup Voicemod has closed an $8 million Series A funding round led by German Bitkraft Ventures. Voicemod provides AI-powered personalized audio avatars that can alter voices in real-time in video games and digital communication services. Voicemod combines artificial intelligence with digital signal processing to overlay a different sound to someone's voice as they speak.