Page 4 - Series A Funding

Luxury catering firm Foodlink raises $8 mn from Plutus Wealth Mgmt, others

Foodlink, a luxury catering company, on Thursday said it has raised USD 8 million (Rs 59.34 crore) in funding led by Plutus Wealth Management. The Series-B funding round also witnessed the participation of Arpit Khandelwal, Managing Partner, Plutus Wealth Management LLP, Foodlink said in a statement. The Mumbai-based company will use these funds to expand its flagship business of luxury catering across newer geographies in India and overseas to take its luxury banquet brand called JADE Luxury Banquets to more cities. The funding will be used to scale their casual dining restaurant business through its brands, India Bistro, China Bistro & Art of Dum. The company has so far raised USD 23 million, including the current round. It received USD 15 million as part of its Series-A round from OAKS Asset Management in 2017. "We are delighted to have Plutus on board and backing us for this next exciting phase of the Foodlink journey along with OAKS Asset Management, who has been a valuable .

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

Robotics startup Ishitva raises $1mn in pre-series A funding led by IPV

Ishitva offers a range of solutions including SUKA (AI powered air sorting), YUTA (AI powered robotic sorting) and Netra AI vision system, which helps in identifying waste and smart bins

The Fuel Delivery plans to raise $4-5 million via Series-A funding

The Fuel Delivery is looking to raise $4-5 million through Series-A funding to expand the business to newer markets.

Glamyo Health raises $3 mn in Series A led by Ananta Capital

The company functions in the area of elective surgeries and claims to have had a 300% surge in business on its platform

Manch Technologies raises $1.1 mn in pre-series A round led by BISF

The company will use the new funding for stepping up its growth internationally and product development initiatives

88academics raises $3 mn in pre-series A round led by Aarin Capital

Prime Securities Limited was the exclusive Investment Banker to this transaction

Legal platform Legistify raises $500,000 in round led by Titan Capital

Indiamart, GSF Accelerator, Java Capital also participate in pre-Series A funding; early investors make a partial exit with 5x cash payout

Startup Ayu Health raises $6.3 mn in funding for expanding services

Ayu got the Series A financing from Vertex Ventures and Stellaris Venture Partners

Farmers Fresh Zone raises Rs 6 cr in pre-series-A funding round led by IAN

Agri-tech start-up Farmers Fresh Zone on Thursday said it has raised Rs 6 crore in pre-series A round through existing investors led by Indian Angel Network (IAN).

WeRize raises $8mn in Series A led by 3one4 Capital, Picus and others

WeRize is a full stack provider, developing and distributing a wide range of customised credit, group insurance and savings products for 100 mn homes and 300 mn individuals in 4,000-plus small towns

Mobile commerce startup Bikayi raises $10.8 mn funding round led by Sequoia

Set up in 2019, Bikayi helps SMBs scale up on digital platforms, enabling them to reach out to a wider audience base

Sportswear D2C brand Elevar raises Rs 19 cr from Kalaari, Dream Capital

The company, a direct-to-consumer sports brand that makes cricket bats, athletic performance footwear, will utilise funds towards expanding its product portfolio, increasing its marketing efforts

D2C sports brand Elevar raises funding from Kalaari, Dream Sports

The company will utilise the funds towards expanding its product portfolio, increasing its marketing efforts, and building out its team.

Agritech robotics startup TartanSense raises $5 mn in Series-A funding

TartanSense builds small agricultural robots, equipped with AI-assisted computer vision, to help small farms prune expenses and improve incomes

Edtech platform BlueLearn raises Rs 3.25 cr in pre-seed funding round

BlueLearn was founded earlier this year by Harish Uthayakumar and Shreyans Sancheti who are currently in their final year of electrical engineering at BITS Pilani

Credgenics raises $25mn in series-A funding, hits valuation of $ 100 mn

The financing round was led by Westbridge Capital and Tanglin Venture Partners

Edutainment startup SP Robotic Works raises $3 mn in Series-A round

The company uses its unique pedagogy to engage students in robotics, drone and coding technologies

Crypto startup Vauld raises $25 mn in round led by Peter Thiel's fund

Firm said it has seen 124.4% QoQ growth in AUM from 1Q21 to 2Q21. Vauld will leverage the capital to build its team, aiming to fill at least a hundred new roles and further its global expansion

Mortgage firm Easy raises $15 mn in series A, focus on affordable housing

The round was led by private equity firm Xponentia Capital Partners, founded by former Carlyle Group managing director Devinjit Singh