Page 10 - Fundings

GlobalBees enters unicorn club with $111.5 mn funding led by Premji Invest

GlobalBees was founded in May 2021 and has built a diverse portfolio of companies across categories.

Eggoz raises $3.5 mn in Series A funding round led by NABVENTURES

With this funding, Eggoz intends to increase its brand footprint, launch egg-based value-added products, and enter new geographies.

Unbox Robotics raises $7 mn in funding from 3one4 Capital, others

Supply chain technology company Unbox Robotics on Wednesday said it has raised USD 7 million (about Rs 53 crore) in funding led by 3one4 Capital. The Series-A funding round also saw participation from Sixth Sense Ventures and Redstart Labs (Info Edge) and Unbox Robotics' founders Pramod Ghadge, Shahid Memon and its CPO Rohit Pitale, a statement said. Existing investors - US-based venture capital firm SOSV, Arali Ventures, WEH Ventures, BEENEXT, Karthik Bhat's Force Ventures, Vijay Kedia (Kedia Securities), Aditya Singh (Stride Ventures) and Pavitar Singh (Sprinklr) as well as Rahul Chaudhary (Treebo Hotels), Nikhil Vora and Kathan Shah (Sixth Sense Ventures), and Veda VC also participated in the funding. The funds raised will be mainly used to expand the team across functions, fulfil the customer demand internationally, R&D and expand to new geographies, it said. The company said it has already onboarded some of the largest e-commerce and logistics enterprises as early adopters ..

Monster.com raises Rs 137.5 cr from Mohandas Pai and Akash Bhanshali

The funds raised will be utilised for enhanced investments on product development & marketing in India, SEA and Middle East markets.

Food-grocery marketplace Jumbotail raises $85 mn in Series C funding round

Jumbotail will use the funds to triple its engineering, product, design, data science, category management, marketing, and finance teams

Retail platform Jumbotail raises $85 mn in series C round led by Invus

Jumbotail, a retail platform and B2B ecommerce marketplace for food and grocery products, said it has raised an USD 85 million Series C round led by Artal Asia Pte. Ltd., an affiliate of Invus

Zepto races to $570 mn valuation, says median delivery time is 8:24 min

The company said it has been tripling its user base every month

D2C tea brand Esah Tea raises Rs 3cr in pre-series A round from NEDFI

Esah is the first tea start-up from Assam to raise VC funding. The brand has earlier raised angel investment from SRD Group and Grant From Assam Startup & NEAT-E-Hub.

Fintech unicorn Razorpay's value jumps to $7.5 bn; up 7.5x in 15 months

Razorpay was valued at $1 billion in October 2020 and $3 billion in April 2021

Bengaluru-based Third Wave Coffee raises $6 mn in Series A funding round

The Series A funding comes just months after the start-up closed its pre-Series A funding round in April from a clutch of investors.

Cloud storage services startup Digiboxx raises $1.5 mn from investors

File storage and sharing or cloud storage services startup Digiboxx has raised USD 1.5 million in pre-series-A funding round led by Chandigarh-headquartered Capgro Fund.

Indifi Technologies raises Rs 340 crore in series D equity, debt funding

Indifi has also secured Rs 165 core in debt financing from Vivriti, Northern Arc, SIDBI, along with other lenders

CoreStack closes $30 million funding round led by Avatar Growth Capital

The funding will help CoreStack continue its rapid pace of growth and innovation with its AI-powered continuous and autonomous cloud governance at scale

Genleap raises Rs 60 crore from marquee investors in seed round

The edtech platform made the announcement regarding the funding on Tuesday

Cloud telephony firm Exotel acquires conversational AI platform Cogno AI

The funding amount for the transaction, which is a part cash and part stock deal, was not disclosed

Battery Smart raises $7 million in pre-Series A funding round

EV battery swapping network Battery Smart on Tuesday said it has raised USD 7 million (around Rs 52 crore) in a pre-Series A round from a clutch of investors of Blume Ventures and Orios Ventures. The fresh capital will be deployed for strengthening the startup's battery assignment technology, scale its operations to service 10,000 electric vehicles daily, and expand to three new states by this fiscal, a release said. The other investors who participated in the pre-Series A round include Green Frontier Capital, Baring Private Equity India, and angel investors such as Srinivas Anumolu (Founder - Elance, TutorVista, Bigbasket, Bluestone), K Ganesh (Serial Entrepreneur & Partner - GrowthStory.in), Niraj Singh, (Founder and CEO - Spinny), and Amit Bhasin (Co-Founder - GoMechanic), it said. Besides, alternative debt platform TradeCred, India's leading alternative debt also participated as a debt partner with Rs 24 crore investment, the startup said in a release. Co-founded by serial ...

H2O.ai closes $100 million in funding led by Commonwealth Bank of Australia

The rapid adoption of the H2O AI Cloud has accelerated the company's growth

Zoomcar raises $92 million from SternAegis Ventures, others

Carsharing marketplace Zoomcar on Monday said it completed a $92 million private placement led by New York City-based SternAegis Ventures

Language translation engine Devnagri raises $600,000 in seed round

The platform combines Neural Machine Translation with ML to make the internet accessible to 90% of Indians and solve the problem of "lack of content in Indian languages"

Toch.ai raises $11.75 mn to scale up tech infra, expand into global markets

The $224 bn digital video content and advertising industry has long been plagued with time-consuming, manual processes and Toch.ai is addressing that problem using technology