Page 4 - Startup Funding
Agritech venture capital firm Omnivore to set up Rs 1,000 crore fund
The new fund will continue to invest in early-stage startups developing breakthrough technologies for agriculture, food, climate, and the rural economy
 "Agritech venture capital firm Omnivore to set up Rs 1,000 crore fund")
Group buying start-up Citymall raises $75 mn in Series C funding round
It is the company's third fundraise in 18 months, bringing the total capital raised to $110 million.
 "Group buying start-up Citymall raises $75 mn in Series C funding round")
D2C start-up mCaffeine raises Rs 240 cr at a valuation of Rs 1,000 cr
Founded in 2016, mCaffeine had attracted a cumulative of Rs 60 crore through successive rounds of funding over the years
 "D2C start-up mCaffeine raises Rs 240 cr at a valuation of Rs 1,000 cr")
Unicorn Ventures India leads seed round in food tech startup FairPlum
Fairplum works with the heritage food brands of India, taking dishes from their kitchens and making it available to consumers
 "Unicorn Ventures India leads seed round in food tech startup FairPlum")
Indian husband and wife entrepreneurs mint own unicorns within a year
Ruchi Kalra co-founded digital lending startup Oxyzo Financial Services; her husband Asish Mohapatra set up OfBusiness to provide financing using technology.
 "Indian husband and wife entrepreneurs mint own unicorns within a year")
IPV launches Physis Capital with fund size of $50 mn for startups
Physis Capital will build a portfolio of 15-20 startups with an average ticket size of $2.5 million.
 "IPV launches Physis Capital with fund size of $50 mn for startups")
Junio raises $6 mn in pre-series A funding round led by NB Ventures
Junio aims to digitise pocket money for children and be the preferred digital payment option.
 "Junio raises $6 mn in pre-series A funding round led by NB Ventures")
Pocket FM raises $65 mn in funding from Goodwater Capital, Naver, Tanglin
Pocket FM offers over 1,00,000 hours of long-format content, audio series, stories, novels, podcasts, and knowledge shows in 8 languages
 "Pocket FM raises $65 mn in funding from Goodwater Capital, Naver, Tanglin")
Google, MeitY to help 100 Indian startups for making global apps, games
As part of the 6-month programme Google and MeitY, will train 100 startups through a customised curriculum designed to help them drive high-quality apps for a global market
Volopay raises $29 mn from Winklevoss twins, JAM Fund, and others
Volopay has amassed a clientele with the likes of CoinDCX, Livspace, MPL, InVideo, and MX Media.
 "Volopay raises $29 mn from Winklevoss twins, JAM Fund, and others")
ExactSpace Technologies raises $1.4 mn in seed funding led by Thermax
ExactSpace Technologies' proprietary AI platform Pulse combines algorithms which 'learn' about machine behaviour with expert knowledge of the industry to help operators make accurate decisions.
Testsigma raises $4.6 million in seed funding led by Accel, STRIVE
Testsigma's open-source test automation platform is designed to enable modern software development teams to test and release products quickly, continuously, and at scale.
 "Testsigma raises $4.6 million in seed funding led by Accel, STRIVE")
Data centre specialist Princeton Digital raises $500 mln, led by Mubadala
The funding will enable the Princeton Digital to deepen its presence in Japan, India, Singapore.
 "Data centre specialist Princeton Digital raises $500 mln, led by Mubadala")
Ex-Twitter India chief Manish Maheshwari's Invact Metaversity raises $5 mn
Antler India invested in Invact Metaversity alongside other global institutional investors like Arkam Ventures from India, Picus Capital, M Venture Partners, BECO Capital and 2am VC
 "Ex-Twitter India chief Manish Maheshwari's Invact Metaversity raises $5 mn")
Propelld raises $35 mn in Series-B funding led by WestBridge Capital
Propelld has tie-ups with over 550 educational institutes and is currently clocking an annual loan disbursal run rate of Rs 600 cr.
 "Propelld raises $35 mn in Series-B funding led by WestBridge Capital")
Fintech platform Propelld raises $35 mn to boost education finance biz
Currently employing around 150, Propelld plans to add another 100-150 employees over the next year across technology, business development and collections.
Scrut raises $3 mn in seed funding led by Lightspeed, Endiya Partners
Founded in 2021, Scrut's mission is to be a virtual Chief Information Security Officer (CISO), reducing the CTOs and compliance teams' effort in managing iInfosec compliance by ~70%
 "Scrut raises $3 mn in seed funding led by Lightspeed, Endiya Partners")
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.
 "CoLearn raises additional $17 mn in Series A follow-on funding round")
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
Thrasio-styled venture UpScalio invests in home, gardening brand Truphe
Honey Gupta started Truphe in 2015. The brand has seen immense growth in the last few years, riding on the spike in customer interest in gardening, said the company.
