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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 […]

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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 […]

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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. […]

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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 […]

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Men’s lifestyle brand Villain announces cricketer Hardik Pandya as its Brand Ambassador

Villain, the men’s lifestyle brand, a division of India’s fastest unicorn Mensa Brands, named Hardik Pandya as its brand ambassador two days after his on-field exploits helped the Indian men’s cricket team defeated Pakistan in the Asia Cup 2022. Hardik joins the company to advertise their high-quality, long-lasting, and powerful scents. The brand’s newest release, […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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