Market News
Valyx Secures $800,000 in Pre-Seed Funding to Fuel Growth
Valyx, a B2B financial management platform, has closed an $800,000 pre-seed funding round, co-led by Huddle Ventures and Waveform Ventures. The round saw additional investments from notable backers, including Bharat Founders Fund and Propell Fund (Let’sVenture’s in-house VC fund led by Shanti Mohan). Valyx plans to utilize the funds to bolster its sales and engineering […]
Pune-Based Sports-tech Startup Spolto Raises $1 Million in Seed Funding
Pune, India – Spolto, a sports-tech startup, has recently secured $1 million (approximately Rs 8.4 crore) in a seed funding round led by Andrew Johnston and other investors. The proceeds will be utilized to scale up its services and expand its reach to more urban communities, as stated by the company in a press release. […]
Digital-First Fashion Brand THEATRE Secures $1.5 Million in Pre-Series A Funding
In a significant development for the Indian fashion industry, Theatre, a digital-first western fashion brand, has secured $1.5 million in a pre-Series A funding round led by Prath Ventures. The funding round also saw participation from existing angel investors, underscoring the brand’s growing potential and investors’ confidence in its vision. The proceeds from the funding […]
The Hosteller Raises Rs 32 Crore in Series A Funding
Mumbai-based budget accommodation chain, The Hosteller, has secured Rs 32 crore (approximately $4 million) in its Series A funding round led by V Cube Ventures. The investment round also saw participation from Lets Venture Angel Fund, AngelList, and several other angel investors. Key Highlights: Company Background: This funding round will likely help The Hosteller expand […]
Fabless Semiconductor Startup BigEndian Secures $3 Million in Seed Funding
In a significant development in the tech industry, fabless semiconductor design startup BigEndian has announced that it has raised $3 million in its seed round. The investment round was led by Vertex Ventures SEA & India, with participation from strategic investors, including Amitabh Nagpal, head of startup business development at Amazon Web Services. The proceeds […]
Mytek Innovations Secures Rs 6 Crore in Debt Funding to Drive Expansion
Mumbai-based Mytek Innovations, a pioneering AI-based EPC (Engineering, Procurement, and Construction) marketplace, has successfully closed a debt funding round valued at Rs 6 crore. The funding will be utilized to fuel the company’s expansion plans, as announced in a press release. Founded in 2020 by Shivkumar Borade and Ashwajeet Wankhede, Mytek seeks to bridge the […]
Nutrabay Secures $5 Million in Series A Funding
Gurugram-based direct-to-consumer retail brand Nutrabay has announced the completion of its Series A funding round, securing $5 million in investment from RPSG Capital Ventures and Kotak Alternate Asset Managers Limited. This is Nutrabay’s first institutional funding round, marking a significant milestone for the company. The funding proceeds will be used to fuel the company’s expansion […]
Global Care Secures $3 Million in Funding to Expand Medical Tourism Services
India-based non-hospital medical tourism company, Global Care, has announced that it has raised $3 million in a Series A funding round led by 35North India Discovery Fund – II. The funds will be utilized to enhance the company’s clinical excellence through strategic consulting and facilitating seamless access to patient care. Launched in 2016 by Rajeev […]
Moneyview Scoops up Rs 250 Crore in Debt Funding, Eyes Unicorn Tag
Bengaluru-based fintech platform Moneyview has secured Rs 250 crore in debt funding through a private placement, marking its first significant debt round in three years. The investment will primarily be utilized for growth, working capital, and general corporate purposes. The board of Moneyview has passed a special resolution to issue non-convertible debentures worth Rs 250 […]
AGRIM Secures $17.3 Million in Series B Funding to Strengthen Agri-Inputs Platform
Gurugram-based agritech startup AGRIM has secured a significant investment of $17.3 million in its Series B funding round, led by Asia Impact, with participation from existing investors such as Kalaari, India Quotient, Omnivore, and Accion Venture Lab. This funding round aims to strengthen the technology and offerings of the platform, as well as expand its […]
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