indian startup ecosystem Archives

VC firm M Venture Partners raises additional capital for MVP Fund I

September 7, 2022 / by Aditi Pathak / Funding, investment, Startup, StartupLanes

An early-stage VC fund M Venture Partners (MVP), based in Singapore, has raised an undisclosed amount of additional funding to bring the total amount allocated to companies in MVP Fund I’s portfolio to US$55 million. According to the VC, 30 investments have been completed across India and Southeast Asia since MVP Fund I’s first debut […]

SUGAR Cosmetics raises undisclosed funding from Bollywood actor Ranveer Singh

September 6, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes

With an investment in the direct-to-consumer (D2C) firm SUGAR Cosmetics, Bollywood actor Ranveer Singh has become the latest to join the Indian start-up scene. The statement was made by the Homegrown Cosmetics brand on Saturday, but no details about Ranveer’s investment were provided. The involvement of the film star follows the company’s USD 50 million […]

Rahul Yadav’s Broker Network raises Rs 90 Cr from Info Edge

September 6, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes

Broker Network, the proptech business founded by Housing.com founder Rahul Yadav, has received another Rs 90 crore from its existing and sole backer, Info Edge. With this latest investment, Info Edge’s subsidiary Allcheckdeals India now owns 59.8% of the Mumbai-based company. According to regulatory filings with the Registrar of Companies, the board of Broker Network’s […]

Healthcare startup Glamyo kicks off new round

September 6, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes

Healthcare startup Glamyo Health is raising $2.5 million or Rs 19.71 crore in fresh funds led by existing investor Agility Ventures Fund. Tejal Merchantile Private Limited, Anicut Capital LLP, VISTRA ITCL, Nelum Gidwani, and Ramrod Advisors LLP also participated in the round The board at Glamyo has passed a special resolution to issue 2,408 CCPS […]

Fintech startup iPiD bags $3.3 Mn in seed round

September 6, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes

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 […]

GREENEST raises pre-seed funding from Better Bite Ventures

September 6, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes

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 […]

MedGenome secures $50 million in funding led by Novo Holdings

September 5, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes

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. […]

Recruitment platform Kula bags $12 mn in seed round led by Sequoia, Square Peg

September 5, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes

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 […]

EV tech startup Electrifuel raises RS 1.8 Cr in funding from Indian Angel Network

September 5, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes

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 […]

Nazara acquires US-based gaming company WildWorks

September 5, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes

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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