Page 3 - Series A Funding

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

Wealthy.in raises Rs 56 crore in funding round led by Alpha Wave

Bengaluru-based wealth management platform Wealthy.in on Tuesday said it has raised Rs 56 crore in Series A round of funding led by Alpha Wave Incubation. New investor Savrola Group and existing investors Venture Highway, Good Capital & Emphasis Ventures also participated in the round. "With the latest round of funding, Wealthy.in plans to penetrate deeper into the Indian market as well as expand in international markets like the Middle East," the company said in a statement. Founded by Aditya Agarwal and Prashant Gupta, Wealthy.in claims that it is managing client assets worth USD 450 million. "For a long time, we have been known as a country of great savers but not great investors. However, we are seeing signs of a structural shift in the market, where investors want to manage their life's savings through a diversified pool of products. Through our tech-enabled platform and holistic offering, Wealthy.in is well positioned to lead this market shift, Agarwal said. Good Capital .

CoLearn raises additional $17 mn in Series A follow-on funding round

The funding which brings CoLearn's funding total to $34 million will be deployed to strengthen CoLearn's go-to-market strategy.

Headout raises an additional $30 million in Series B financing round

The investment is led by existing investor Glade Brook Capital with the participation of existing investors Nexus Venture Partners, FJ Labs and 500 Startups, among others

Dental care startup Smikes nets $23 mn from Alpha Wave, Sequoia, Chiratae

Dental care startup Smiles.ai has raised USD 23 million (around Rs 172 crore) in Series A funding led by Alpha Wave Incubation that is managed by Falcon Edge Capital, and with strong participation from existing investors Sequoia Capital India and Chiratae Ventures. The Bengaluru-based startup said the other investors in the round include MBX Capital, Wami Capital and angel investors - Peyush Bansal & Amit Chaudhary of Lenskart, Aakrit Vaish of Haptik, Revant Bhate of Mosaic Wellness, Miten Sampat of CRED, Sambhav Rakhyan of WTW. Smiles.ai marks US-based healthcare focused fund, MBX Capital's first investment in the country, it added. This funding comes within a year of the company raising a USD 1 million seed round co-led by Sequoia Capital India and Chiratae Ventures with participation from some angels and family offices. Smiles.ai will deploy this funding for expanding its footprint nationally, strengthening the leadership team, and building innovative tech-driven dental care ...

Pet treat brand Dogsee Chew raises Rs 50 cr in Series-A funding round

Drugmaker Mankind Pharma and existing backer Sixth Sense Ventures participate; recipient is only company to offer 100% vegetarian dog treats

Reloy raises Rs 5 cr in strategic pre-series A funding round led by IPV

Started in 2018, Reloy has been working closely with the largest builders and has influenced over Rs 700 crore sales in the real estate industry with clients like Sharpoorji Pallonji among others

ORAI raises Rs 6.5 crore in pre-series A funding round led by IPV

ORAI is a platform that offers customers end to end platform + solution + service.

Power Gummies raises $6mn in Series A funding from 9Unicorns, others

Dietary supplement brand Power Gummies on Monday said it has raised $6 mn in funding led by 9Unicorns.

Zuddl raises $13.35 mn in Series A funding led by Alpa Wave Incubation

The virtual events market space is expected to grow at about 24 per cent CAGR over the next few years according to research firm, Grand View Research

Cross-border B2B e-commerce player Geniemode raises $7 mn in series A round

Funding led by Info Edge Ventures; Geniemode works with over 100 suppliers from India, Bangladesh, Pakistan and Sri Lanka to cater to diverse markets in US, LatAm, UK, EU and Australia

Digital supply chain financier Veefin raises $3 mn in Series A funding

The Series A funding will be used to build product and engineering teams to enhance SCF technology based on the market's evolving dynamics, said Veefin.

Lifestyle, mobility brand Ninety One raises Rs 225 cr in Series A round

Following the capital injection, Ninety One, from AlphaVector (India), is now valued at Rs 1000 crore

Unbox Robotics raises $7 million in Series-A round led by 3one4 Capital

Supply chain robotics technology company Unbox Robotics announced on Wednesday it raised USD seven million in a Series-A round led by 3one4 Capital with participation from Sixth Sense Ventures and Redstart Labs (Info Edge). The round also saw participation from Unbox Robotics' founders Pramod Ghadge, Shahid Memon and its CPO Rohit Pitale, alongside its existing investors - US-based venture capital firm SOSV, Arali Ventures, WEH Ventures, BEENEXT, Karthik Bhat's Force Ventures, Dr Vijay Kedia (Kedia Securities), Aditya Singh (Stride Ventures) and Pavitar Singh (Sprinklr). Other investors who participated in the round include Rahul Chaudhary (Treebo Hotels), Nikhil Vora and Kathan Shah (Sixth Sense Ventures), and Veda VC, it said in a statement. "The funds raised will be primarily 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 ...

Plix raises $5mn in series A from Guild Capital and RPSG Capital Ventures

Funds will be used to launch products in the nutraceuticals space. Over 85 SKUs are planned for launch in next 12 months

Fintech startup Uni raises $70 mn Series A funding led by General Catalyst

The firm had raised a $18.5 mn seed round in October 2020, while still in stealth mode and its flagship product, the pay later card, Pay 1/3rd card was launched this June

Nestasia raises $4 mn in Series A round led by Stellaris Venture Partners

The firm makes and brings over 6,000 products across genres from India and South-east Asia. In a little over two years, it has completed 100,000 orders and has 50,000 customers in 7 countries

D2C personal care start-up Clensta raises Rs 20 cr in Series A funding

The five-year old start-up founded by Puneet Gupta in 2016, started with the flagship products based on waterless products

Cybersecurity start-up CloudSEK raises Rs 50 crore in Series A funding

The round will be used to speed up CloudSEK's sales and marketing across Asia-Pacific, West Asia, and North America. The firm will also ramp up its R&D to combat sophisticated global threats

Medkart raises Rs 40 cr in Series A co-led by Alkemi, Insitor Partners

Having grown from scratch to 75 stores, predominantly in Gujarat, Medkart plans to use the funds for expansion to touch 250 stores by 2023