Hocco Ice Cream Secures INR 100 Crore Funding to Expand Production and Reach.
Hocco, a renowned ice cream business, has successfully raised $12 million (INR 100 crore) in funding, led by Sauce VC and the promoter group Chona family. This significant capital infusion values the company at INR 600 crore and includes contributions from notable angel investors such as Farhan Akhtar and Ritesh Sidhwani. Ankit Chona, the Founder […]
Ixigo Secures Rs 333 Crore from Anchor Investors Pre-IPO
Le Travenues Technology Limited, the parent company of travel booking platform Ixigo, has successfully raised Rs 333 crore ($40 million) from anchor investors as part of its initial public offering (IPO) preparations. According to a regulatory filing with the Bombay Stock Exchange, Ixigo’s board approved the issuance of 3,58,11,405 equity shares at an issue price […]
CHOSEN Skincare Secures $1.2 Million in Seed Funding to Expand Operations.
Chennai-based skincare startup CHOSEN has successfully raised $1.2 million in its seed round, drawing support primarily from friends and family. This funding builds on an earlier equity-free grant of $100,000 from Peak XV Partners, awarded through the SPARK program for women entrepreneurs. The new capital will be utilized to expand CHOSEN’s team and bolster its […]
Maino.ai Secures $1.8 Million Funding to Revolutionize Digital Marketing Automation.
Digital marketing technology firm Maino.ai has successfully raised Rs 15 crore (approximately $1.8 million) in a funding round led by India Quotient Advisers LLP. The round also saw participation from notable angel investors including Karan Bedi, Janhavi Parikh, and other distinguished backers. The infusion of capital is set to bolster Maino.ai’s capabilities across various domains. […]
Docplix Secures Rs 1.2 Crore in Bridge Round to Enhance AI Integration and Market Expansion.
Healthtech startup Docplix has successfully raised Rs 1.2 crore in a bridge round, with funding led by Inflection Point Ventures. This investment follows a series of successful funding rounds for Docplix, including a Rs 5 crore pre-Series A round in March 2023, led by Eris Lifesciences with contributions from various angel investors. Additionally, the startup […]
Clodura.AI Secures $2 Million Pre-Series A Funding to Revolutionize AI-Driven Sales Prospecting.
Clodura.AI, a pioneer in AI-powered sales prospecting solutions, has raised $2 million in a pre-Series A funding round. The Bharat Innovation Fund spearheaded the investment, with additional contributions from Malpani Ventures. The newly secured funds will be channelled into enhancing Clodura.AI’s platform, which leverages Large Language Models (LLMs) and generative AI to optimize the entire […]
Testsigma Secures $8.2 Million Funding Led by MassMutual Ventures.
Testsigma, an AI-based low-code test automation platform, has successfully raised $8.2 million in its latest funding round. This round was led by MassMutual Ventures, with continued support from existing investors Accel, STRIVE, and BoldCap. In a previous funding round in 2022, Testsigma garnered $4.6 million, spearheaded by Accel, and included contributions from STRIVE and BoldCap. […]
Botsync Secures $5.2 Million in Series A Funding to Accelerate Growth and Innovation.
Robotics startup Botsync has successfully raised $5.2 million in its Series A funding round. The round was led by Capital 2B and Betatron Venture Group, with significant participation from IvyCap Ventures Advisors Private Limited, AppWorks, Iterative, Wong Fong, ZB Capital, Nalin Advani, and Ascend Angels. The newly acquired funds will be directed towards enhancing product […]
Absolute Sports Acquires SoapCentral.com in $1.4 Million Deal.
Absolute Sports, a subsidiary of Nazara Technologies and the parent company of Sportskeeda.com and ProFootballNetwork.com is set to acquire all assets of SoapCentral.com, a prominent US-based entertainment content site. The acquisition, valued at $1.4 million (approximately Rs 11.6 crore), is expected to close within the next 30 days. SoapCentral.com reported revenues of $621,000 (about Rs […]
Fibe Secures $90 Million in Series E Funding to Fuel Expansion.
Digital lending startup Fibe has raised $90 million in a Series E round, attracting investments from TR Capital, Trifecta Capital, and Amara Partners. The round also saw participation from existing investors TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures, and Chiratae Ventures, encompassing both primary and secondary transactions. Digital lending platform Fibe, previously known […]
