99 Pancakes Secures Rs 20 Crore in Series A Funding to Fuel Nationwide Expansion
Mumbai-based quick service restaurant (QSR) chain, 99 Pancakes, has raised Rs 20 crore (approximately $2.4 million) in a Series A funding round from a family office. This latest infusion of capital comes after the company previously secured Rs 6.5 crore in March 2022 from a group of angel investors. Founded in 2017 by Vikesh Shah, […]
InsurancePadosi Secures $500K in Pre-Seed Funding Led by Antler to Revolutionize India’s Insurtech Landscape
Insurtech startup InsurancePadosi has successfully raised $500,000 in a pre-seed funding round led by global early-stage venture capital firm Antler, with additional participation from industry veterans Hemant Kaul and Satish Pillai. The funds are set to accelerate the development of InsurancePadosi’s technology platform, broaden its product offerings, and scale its sales and marketing operations. Founded in 2023 by Vaibhav Kathju, Abhay Singh, and Gaurav […]
Convin Secures $6.5 Million in Series A Funding Led by India Quotient to Drive AI-Driven Customer Interaction Solutions
Conversation intelligence platform Convin has successfully raised $6.5 million in a Series A funding round, spearheaded by India Quotient. The round also saw participation from new investors JSW Ventures and existing backers, including Kalaari Capital, Titan Capital, Winners Fund, Sparrow Capital, and 9Unicorns. According to a press release, Convin plans to utilize the funds to […]
Plutos ONE Secures $2 Million Seed Funding Led by StartupXseed to Expand Bharat Bill Payments System Integration
Plutos ONE, a Delhi-based technical service provider (TSP) for the Bharat Bill Payments System (BBPS), has successfully raised $2 million in a seed funding round led by StartupXseed. The funding round also saw participation from Genesia Ventures, Auxano Capital, Raghuvanshi Investments, and other notable investors. This seed round follows a previous angel investment round, which […]
StepTrade Revolution Fund Surpasses Rs. 100 Crore AUM Within Six Months
Ahmedabad, August 27, 2024 StepTrade Revolution Fund, a focused investment fund dedicated to providing Qualified Institutional Buyers (QIBs) and Anchor Investment Opportunities with exposure to SME and Microcap segments, has achieved a significant milestone by surpassing Rs. 100 crore in Assets Under Management (AUM) within just six months of filing its First Closing. Launched in March […]
NURA’s AI health screenings gain attention from Celebrities
State-of-the-art AI technology powers early detection of cancer and lifestyle diseases India 27nd August, 2024: In a world where health risks are increasingly unpredictable, early detection has become a crucial component of effective healthcare. NURA, India’s leading AI-enabled health screening facility, is at the forefront of this revolution, offering advanced screening services that can detect diseases before […]
Yubi Founder Gaurav Kumar Infuses Rs 250 Crore into His Fintech Unicorn
In a significant move reflecting his confidence in the future of his company, Gaurav Kumar, founder and CEO of fintech unicorn Yubi (formerly CredAvenue), has infused Rs 250 crore ($30 million) in equity capital into the startup. This marks one of the largest personal capital investments by a founder in a technology company in recent […]
Velocity Unveils Rs 400 Crore Festive Season Fund to Empower D2C and E-Commerce Brands
Cash flow-based financing platform Velocity has announced the launch of a Rs 400 crore ($48 million) fund designed to bolster direct-to-consumer (D2C) and e-commerce brands during the upcoming festive season sales. This initiative marks a significant increase from last year’s Rs 250 crore fund, reflecting the growing demand and opportunities within the sector. The newly […]
SIDBI and UP Startup Fund Commit Rs 40 Crore to Aroa Venture Partners
Aroa Venture Partners has secured a substantial capital commitment of Rs 40 crore ($4.8 million) from the Small Industries Development Bank of India (SIDBI) and the Uttar Pradesh Government’s UP Startup Fund. This investment, drawn from the Government of India’s Fund of Funds for Startups, underscores the growing support from government initiatives for promising venture […]
LoanKuber Secures $3.5 Million in Pre-Series B Funding Led by TRTL VC and Inflection Point Ventures
LoanKuber, the mortgage lending platform that operates under Janasha Finance, has successfully raised $3.5 million in a pre-Series B funding round. This round was spearheaded by Singapore-based TRTL VC, along with the continued support of existing investor Inflection Point Ventures (IPV). Other notable participants in the round included Auxano, LetsVenture, Mavuca Capital, and angel investors […]
