WealthTech Startup Centricity Secures $20 Million in Seed Round Led by Lightspeed
Centricity, a Gurugram-based wealthtech startup, has successfully raised $20 million in a seed funding round led by Lightspeed. Paramark VC, along with a group of prominent investors including the Burman Family Office, Shantanu Agarwal, and angel investors like Ritesh Agarwal, Vishal Dhupar, and the MS Dhoni Family Office, also participated in the round. This fresh […]
Nazara Technologies Acquires 15.86% Stake in Blockchain E-sports Startup Stan for $2.2 Million
Gaming and sports media giant Nazara Technologies has announced its acquisition of a 15.86% stake in Stan, a blockchain-based e-sports fan engagement startup, for a total consideration of $2.2 million. This strategic investment reinforces Nazara’s growing influence in the gaming and e-sports ecosystem. Stan, founded in 2022 by Chadha, Rahul Singh, Nauman Mulla, and Shubham […]
Rukam Capital launches ‘Startup Table with AJ’ to Spotlight Early-Stage Challenges Faced by Indian Entrepreneurs
New Delhi, September 12, 2024 — Rukam Capital, a leading SEBI-registered Category-II venture capital fund, today announced the launch of ‘Startup Table with AJ’ initiative. Amid the excitement surrounding unicorns and high-profile investors, the voices of early-stage entrepreneurs often get overlooked. ‘Startup Table with AJ’ is the first initiative of its kind, aiming to change […]
Crafting a Legacy: In Conversation with Sandeep Hota, Founder of B.E.A.D.S.
In a world where the allure of artisanal craftsmanship often gets lost amidst mass production, B.E.A.D.S. emerges as a luminous beacon of authenticity and innovation. Founded by Sandeep Hota, B.E.A.D.S. masterfully intertwines the rich cultural heritage of Odisha with modern design sensibilities and sustainable practices. What began as a heartfelt passion project has evolved into […]
FlexiLoans Secures $35 Million in Series C Round to Expand MSME Lending Operations
FlexiLoans, a Mumbai-based fintech lender focusing on MSMEs, has raised Rs 290 crore (approximately $35 million) in its Series C funding round. The round was led by global investors including Accion, Nuveen (the investment arm of TIAA), and Fundamentum, with participation from existing backer Maj Invest. The fresh capital will be used to scale operations, […]
InMobi Secures $100 Million Debt Financing to Fuel AI Expansion and Strategic Acquisitions.
InMobi, a leading mobile advertising and technology platform, has secured $100 million in debt financing from MARS Growth Capital, a partnership between MUFG Bank and Liquidity Group. This funding is poised to accelerate InMobi’s AI-driven initiatives and support strategic acquisitions aimed at enhancing its mobile advertising solutions. The company plans to leverage these new funds […]
Mitra Secures Rs 11 Cr in Pre-Series A Funding, Eyes Expansion and Export Growth
FMCG direct-to-consumer startup Mitra has raised Rs 11 crore in its pre-Series A funding round, led by Bestvantage Investments. A notable participant in this round was a Dubai-based strategic family office, headed by Mr. Surya, which contributed Rs 5 crore to the funding. Other key investors include Arjun Vaidya, founder of V3 Ventures and ex-Dr. […]
Zivy Secures $1.2M in Pre-Seed Round to Revolutionize Workplace Productivity with AI Tool
Zivy, an AI-powered tool designed to streamline workplace communication and task management, has raised $1.2 million in a pre-seed funding round. The round was co-led by prominent investors, including Blume Ventures, Paradigm Shift Capital, iSeed, Everywhere Ventures, Indian Silicon Valley, and Marsshot Ventures. Additional backing came from angel investors such as Ashwin Bhatnagar, Anand Balaji, […]
Playbook Partners Secures $130 Million in First Close for $250 Million Growth Capital Fund
Growth capital firm Playbook Partners has successfully marked the first close of its new growth capital fund, raising over $130 million from a global investor base spanning Europe, the US, the Middle East, and India. The fund, which has a green shoe option, could reach up to $250 million in total size. Playbook Partners, founded […]
Nestasia Secures $8.35 Million to Fuel Offline Expansion and Product Line Growth
Home decor and lifestyle brand Nestasia has successfully raised $8.35 million in a fresh funding round led by Susquehanna Asia VC and Stellaris Venture Partners, with participation from prominent angel investors. This funding will be instrumental in driving Nestasia’s expansion strategy, focusing on offline store growth, product line diversification, brand building, and team scaling. Founded in 2019 […]
