Page 10 - Funding

Social Alpha, Villgro, Brigade REAP invest $375,000 seed in Strawcture Eco

The recipient is a sustainable construction start-up that develops biopanels from agriculture reside

Eat Better Ventures raises Rs 5.5cr seed led by Java Capital, Mumbai Angels

The company will be using the funds to ramp up its production capacity, build a robust team, launch new products, and augment its marketing and distribution

Live tutoring startup Filo raises $23 mn in series A led by Anthos Capital

Filo will use the funds mainly for product development as it goes deeper into modeling pedagogy at scale, expanding the team, tapping new categories, and scaling its tutor base across the country

Mela Ventures closes its first fund at Rs 320 cr

The fund was oversubscribed by 1.6x times from first close target

Fintech startup Snapmint raises $9 mn in Series A from 9 Unicorns, others

The BNPL platform makes it easy for Gen Z consumers to buy any lifestyle category product, be it clothes, accessories or mobile phones, using small installments and no-cost monthly payment options

Neobanking start-up Niyo raises $100 mn in Series C funding round

This Series C round of funding was led by Accel & Lightrock India with participation from Beams Fintech Fund

Loyalty solutions provider Xoxoday raises $30mn from Giift, Apis Partners

The investment includes both primary and secondary capital components, and the collaboration will enable both Giift and Xoxoday to enlarge their service offerings and accelerate growth globally

Rakesh Jhunjhunwala-backed furniture maker bags Rs 75 cr in funding

Arrivae raises Series B investment from Think investments and Havells

Proptech startup Facilio raises $35 mn from Dragoneer, Tiger Global, others

Facilio offers a unified software platform that leverages an AI-led predictive engine to help real estate portfolios digitise processes and optimise their property operations

SaaS start-up Hasura enters unicorn club with $100 mn Series C funding

Greenoaks-led round will be used to expand R&D and go-to-market activities for GraphQL

Vymo raises $22 mn in series C round from BII, Sequoia, existing investors

BII's Rohit Sood will be joining the company's board

D2C snacks brand Happilo raises $25 mn from Motilal Oswal Private Equity

Aims to scale business to Rs 2,000 crore in revenue over the next 4 years

Supply chain firm Increff raises $12 mn in funding for expanding business

Funding round attended by TVS Capital Funds, Premji Invest, and Flipkart co-founder Binny Bansal's 021 Capital

Wealth management start-up Fintso looking at $10-million funding

Fintso, the start-up focused on financial advisors in the wealth management space, is looking at raising at least USD 10 million from venture capital funds by late-March or early-April. The API-based platform-as-a-service for financial advisors and their clients was launched by George Mitra, who was the chief executive of Avendus Wealth, and Rajan Pathak, a wealth management veteran, in November 2020 and has already raised USD3 million in the first round. Fintso helps independent financial product providers get easy access to retail investors by giving them access to multi-products, digital execution, and advisory support and now caters to over 3,400 independent distributors/agents, who are servicing 15 lakh retail clients having assets of Rs 1.4 lakh crore, Mitra said. The company had initial funding of USD 3 million from angels and family offices, including Kanwaljit Singh of Fireside Ventures, Nikhil Vora of Sixth Sense, Brijesh Agarwal who co-founded Indiamart, and Piyush Gupta,

Hindujas-backed MindMaze secures $105 mn funding led by Concord Health

Hindujas-backed digital neuro-therapeutics solutions provider MindMaze on Thursday said it has secured a USD 105 million (over Rs 785 crore) financing led by Concord Health Partners, a US-based healthcare private equity firm. The round also witnessed participation from London-based Hambro Perks and other family office investment groups, the company said in a statement without disclosing their identity. MindMaze said AlbaCore Capital Group, one of Europe's leading specialist investors focusing on public and private markets, is also building on its existing investment in the company as a reflection of their continued commitment in it. The financing round provides immediate access to funds, and a financing facility to fund growth and future acquisitions, the company said, adding the funding would also help accelerate global commercial growth plans, enhance ongoing R&D and consolidate the clinical development pipeline of its digital therapeutic solutions for a wide spectrum of ...

Asia Healthcare Holdings raises $170 mn from Singapore's GIC

To date, Asia Healthcare Holdings has invested approximately $200 million across single specialty healthcare enterprises in oncology, mother and child care, and fertility.

Leadership coaching company Peakperformer raises $3mn in seed fund

The funds will be used for new markets, hiring talent and technology development.

Bugworks Research gets $18mn funding as it scales up clinical research

The Series B1 financing was led by Lightrock India

xto10x Technologies raises $25 mn in funding round led by Binny Bansal

Company helps start-ups to scale up business and it focuses on learning programme, software tools and operating capabilities

IFC-backed Mintifi raises $40 million from Norwest Venture, Elevation

The IFC-backed Mintifi, a B2B-focused buy-now-pay-later platform, has raised USD 40 million (about Rs 300 crore) in its series-C round led by Norwest Venture Partners and Elevation Capital