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 […]
E-mobility startup Motovolt Mobility raises $1.9 million, or Rs 16 crore, in a pre-series A investment that was backed by Wami Capital. The D2C firm Pee Safe’s creator, Vikas Bagaria, also contributed to the funding round. The money raised will be used largely to launch new products, launch marketing campaigns, and expand Motovolt’s distribution network […]
As it looks to ramp up production in the face of increased demand for the alcoholic beverage, Indian craft beer maker Bira 91 raises $70 million in a fundraising round led by Japanese beer company Kirin Holdings Co Ltd. Ankur Jain launched the craft beer company Bira 91 in 2015. In India’s projected $5 billion […]
To grow the market for its medical picture annotation service, health tech startup RedBrick AI raises $4.6 million in a funding round led by Sequoia India and Southeast Asia’s Surge. Web annotation tools for 2D and 3D data are provided by the RedBrick AI SaaS platform, giving specialists access to specialized tooling directly from their […]
ProcMart, a B2B marketplace for purchasing based out of Noida, has raised $10 million in a Series A round that was led by Sixth Sense Ventures. According to a press release from the company, the latest funds will be used for worldwide expansion, bolstering vendor relationships, and improving technology and warehousing capabilities. ProcMart is a […]