Ripplr, a Bengaluru-based tech distribution and logistics startup, has raised $40 million in funding led by Fireside Ventures. The investment round also saw participation from new investors such as Bikaji, a snack maker, and Neo Foods, a sauce and dips maker. Existing investors, including 3one4 Capital, Zephyr Peacock, and Sojitz Corporation, a Japanese conglomerate, also […]
Letstransport is an intra-state logistics marketplace that operates on an asset-light model, providing intra-city logistics solutions to large enterprises, supply chain companies, and local retailers. Founded in 2015 by IIT graduates Pushkar Singh, Sudarshan Ravi, and Ankit Parasher, Letstransport aims to address the challenges faced by the logistics industry in India. The company has registered […]
BluSmart Mobility, a Gurugram-based EV Cab Service Startup, has raised $42 million in a Series A2 funding round. The funding round was split into $37 million in equity and $5 million in venture debt, and the existing investors, along with BluSmart founders and the leadership team, also participated in the round, contributing nearly 50% of […]
EV and clean energy startup, Simple Energy, has raised over 165 crores in its ongoing Bridge round. Speaking in a recent press release, the company has mindfully decided to utilise these funds in a phased manner to kickstart the production of its electric scooter Simple ONE. The startup claims it has recently received a fruitful […]
Founded in 2015 by Sameer Nigam, Rahul Chari, and Burzin Engineer in Bangalore, Phone Pe is an Indian Financial Technology Company. It is a one-stop digital payments app that lets users receive and make payments, pay bills, recharge, shop, and invest. It allows using BHIM UPI, your credit card, and your debit card or wallet […]
It has been rightly said that “Many a little makes a mickle”. Paytm’s founder and CEO, Vijay Shekhar Sharma, has proved that with a strong vision and steadfast determination, an idea can be altered into reality, serving humanity in a huge way. Expressing his pleasure, Sharma tweets,” Paytm was a business built from scratch with […]
A seed round headed by Climate Angels and the Bengaluru-based venture capital firm Kalaari Capital nets Clean Electric, a startup offering energy storage solutions, $2.2 million. Along with LV Fund, 7 Square Ventures, and CIIE Regional Innovation Foundation, other investors in the round included them. Expanding its R&D, sales, and operations teams, Clean Electric intends […]
Covvalent, a platform for specialty chemicals, raises $4.3 million in a seed round that was co-led by Nexus Venture Partners. The round included notable angel investors and founders like Vishal Chaudhary (Co-founder, Zetwerk), Ramakant Sharma (Founder, Livspace), Rajesh Yabaji (Founder, BlackBuck), Rehan Khan (MD, MSD India Region), Jawaid Iqbal, Anubhav and Ankit Singh (Co-founders, Rupifi), […]
Prodo, a startup specialising in on-demand manufacturing, raises a $1 million seed investment. The funding round was led by Inflection Point Ventures, with participation from Titan Capital, LetsVenture, and Dholakia Ventures. Prodo was founded by Sameen Husain and Abhiroop Srivastava in May 2021. This startup is a platform for on-demand production and purchasing. It aids […]
HealthKart, an omnichannel health tech platform, raises Rs 536.52 crore, or around $66 million, in a Series H round that was led by Temasek and included A91 Partners. This is the company’s initial investment round for 2022, with its headquarters in Gurugram. According to a regulatory filing with the Registrar of Companies, the board at […]