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 […]
Algomage raises $850k in pre-seed funding
Artificial intelligence post-production startup Algomage has raised $850K in a pre-seed funding round led by The DotIn Network. The funds will be utilised to create new tools and expand its customer base to markets beyond India, Algomage said in a press release. Founded by Anand Rathi, Algomage is a full stack artificial intelligence (AI) post-production […]
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 […]
TyrePlex raises pre Series A round
TyrePlex, B2B e-commerce player in the aftermarket tyre vertical, has raised Rs 12 crore in pre-Series A round co-led by 9Unicorns and AdvantEdge Founders. Notable angel investors: Kunal Bahl, Rohit Bansal, Venture Catalysts, Abhishek Goyal, Sandeep Aggarwal and Rajesh Sawhney also participated in this round. The fresh capital will be used to bring 20% of […]
ALLOY ANNOUNCES $52 MILLION IN ADDITIONAL SERIES C
Alloy, the New York-based company behind an operating system that helps banks and fintechs make better identity and risk decisions, has raised $52 million at a $1.55 billion valuation. Lightspeed Venture Partners and Avenir Growth led the funding with participation from Canapi Ventures, Bessemer Venture Partners, Avid Ventures, and Felicis Ventures. Over 300 companies use […]
Blossom.team Closes $1.5M Funding
Blossom.team, a San Francisco, CA-based career coaching platform provider, closed a $1.5m seed funding round. The round was led by Kevin Carter (General Partner and Founder of Night Capital), with participation from Caffeinated Capital, Brian Pokorny, Niche Capital, and Gold House Ventures. Strategic industry insiders also supported the raise, including chief product officers, executive coaches, […]
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 […]
Bridger Photonics Raises $55M in Funding
Bridger Photonics, Inc., a Bozeman, MT-based provider of aerial methane detection, localization, and quantification across the natural gas value chain, raised $55m in funding. A Montana-based syndicate, Beaverhead Partners LLC, has invested $55 million in the company to support its growth. The syndicate is composed of Bozeman-based Madison Valley Partners, sustainability and climate action focused […]
Bored Beverages raises over Rs 2.5 Cr in seed funding led by Inflection Point Ventures
Beverage brand Bored Beverages has raised over Rs 2.5 crore, or close to $314,500, in a seed funding round headed by Inflection Point Ventures, with participation from Dot In Network, Bhawana Bhatnagar, founder of WeFounder Circle, and Soumya Kant, founder of Clovia. The creator of Simba Beer, Prabhtej Singh Bhatia, will participate in the development […]
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 […]