Kraftshala achieves 14% EBITDA, reports profitability in Q2 FY25 as placements and enrolments jump
New Delhi, 23 Nov, 2024: Kraftshala, the edtech with the highest placement rate in India, has achieved a significant milestone by achieving 2 consecutive quarters of profitability in the current financial year (FY 25), including 14% EBITDA in the recently concluded July-Sep quarter. Kraftshala has pioneered job-linked online programs in digital marketing and sales, and […]
SEBI approves Growth Sense Venture Fund as Category-1 AIF (Angel Fund) for Investments in Early Stage, High-Impact Startups in India
India, November 2024 – Growth Sense Venture Fund, a dynamic player in the Indian startup ecosystem, proudly announces SEBI’s approval for its AIF Category-1 Angel Fund. With a fund corpus of ₹100 crore and a strong commitment to empowering innovative Indian startups, Growth Sense is well-positioned to drive growth and offer substantial investment opportunities across sectors. Growth […]
CredFlow Secures $3.7M in Pre-Series B to Boost SME Cash Flow Management and Lending Solutions
Delhi-based fintech startup CredFlow has raised $3.7 million (about Rs 31.2 crore) in a pre-Series B funding round, co-led by existing investors Inflexor Ventures and a Singapore-based family office. This new infusion brings the total funds raised by CredFlow to $12.9 million, including $9.2 million from two earlier funding rounds. The funds will be utilized […]
OneCell Diagnostics Secures $16M Series A to Expand Revolutionary Cancer Testing to US Market
OneCell Diagnostics, a cancer diagnostics startup, has successfully raised $16 million in its Series A funding round led by Celesta Capital. The funding round also saw participation from Tenacity Ventures, Cedars Sinai, Eragon, and Singularity Ventures. The fresh capital will be used to expand into the US market and scale the deployment of OncoIndx Alfa, OneCell’s […]
Zopper Secures $25M in Series D to Boost Insurance API Infrastructure and Bancassurance Solutions.
Zopper, a Noida-based insurance infrastructure API platform, has raised $25 million in its Series D funding round. The round was led by Elevation Capital, Dharana Capital, and Blume Ventures, marking the company’s first funding event in over two years. The 13-year-old company plans to utilize the funds to enhance its digital insurance distribution platform, improve […]
Moglix Acquires Khatema Fibres for ₹80 Crore to Boost Sustainable Packaging Portfolio
Business-to-business (B2B) marketplace unicorn Moglix has acquired eco-friendly paper manufacturer Khatema Fibres for ₹80 crore (approximately $9.4 million) to enhance its sustainable packaging offerings and industrial procurement leadership. The acquisition supports Moglix’s mission to strengthen local infrastructure and unlock new market opportunities for farmers and artisans, fostering community development. It aligns with the company’s expansion […]
Doodhvale Farms Raises $3 Million in Series A to Expand Premium Dairy Offerings
Doodhvale Farms, a Delhi-based dairy startup, has secured $3 million in a Series A funding round co-led by Atomic Capital and Singularity Early Opportunities Fund. The round also saw contributions from Bharat Founders Fund, Indigram Labs Foundation, and several angel investors, including Ramakant Sharma, Ankit Tandon, Livspace CEO Saurabh Jain, and Arjun Vaidya. According to […]
Taqtics Secures $1.2M Seed Funding to Enhance Store Operations with AI-Driven Solutions
SaaS platform Taqtics has raised $1.2 million in a seed funding round, led by Sprout Venture Partners and Capital-A, with additional participation from Java Capital. The funds will expand the platform’s product capabilities, strengthen its presence in key markets, and integrate AI-driven analytics into its offerings. Founded by Yuyutsu Sharma, Taqtics provides a comprehensive tool suite to streamline store operations. The platform empowers […]
Blitz Raises ₹51 Crore in Series A to Expand Same-Day Delivery Network Across 20 Cities
Blitz, formerly known as Grow Simplee, has raised ₹51 crore in its Series A funding round led by IvyCap Ventures. The round saw participation from existing investors India Quotient and Alteria Capital, alongside notable angel investors including Ramesh Bafna (Zepto), Siddharth (Snitch), Vinit Gautam (CEO, Bestseller), and Amitabh Suri (CEO, Arvind Fashion). Blitz had previously […]
Mayank Bidawatka’s New Venture, Billion Hearts, Secures $4M in Funding Led by Blume Ventures.
Mayank Bidawatka, co-founder of the now-defunct vernacular microblogging platform Koo, has announced raising $4 million for his latest consumer tech venture, Billion Hearts. The funding round was spearheaded by early-stage investor Blume Ventures, with participation from General Catalyst and Athera Venture Partners. This funding comes on the heels of a $250,000 pre-seed round closed in September […]
