Page 10 - Funding
Clensta raises Rs 20-cr funding from Hem Angels, Venture Catalysts, others
Clensta said it has raised Rs 20 crore funding from Hem Angels part of Hem Securities Ltd, Venture Catalysts and Inflection Point Ventures
 "Clensta raises Rs 20-cr funding from Hem Angels, Venture Catalysts, others")
Digital Freight marketplace Raaho raises Rs 12.5 cr in Pre-Series A round
Company plans to utilise the funds to launch in 20 cities and to fully-automate its trucking marketplace
 "Digital Freight marketplace Raaho raises Rs 12.5 cr in Pre-Series A round")
This start-up aims to disrupt market in which 60 mn samosas are sold a day
QSR brand Samosa Party raises $2mn in Pre Series A funding from Kalaari Capital
 "This start-up aims to disrupt market in which 60 mn samosas are sold a day")
Motherson participates in EV charging start-up Exponent's $5 mn fundraise
YourNest VC, 3one4 Capital & AdvantEdge VC doubled down on their earlier investment within 8 months
Farm e-commerce start-up AgroStar raises $70 mn in Series D from Hero, CDC
The company has over 5 million farmers on its platform across Gujarat, Rajasthan, Maharashtra, Madhya Pradesh, and Uttar Pradesh
 "Farm e-commerce start-up AgroStar raises $70 mn in Series D from Hero, CDC")
MoEngage raises additional $30 mn funding in round led by Steadview Capital
Series D funding at twice the valuation from its earlier Series C1 of $32.5 million in July
 "MoEngage raises additional $30 mn funding in round led by Steadview Capital")
Spinny enters unicorn club with $283 mn fundraise at $1.8 bn valuation
The latest round includes a primary capital infusion of $250 million and a secondary sale of $33 million by angels and a few seed stage investors
 "Spinny enters unicorn club with $283 mn fundraise at $1.8 bn valuation")
Punit Soni-led healthcare AI firm Suki raises $55 mn in Series C round
Funding led by led by March Capital, with support from Philips Ventures and all previous investors including Venrock, Flare Capital, Breyer Capital, and inHealth Ventures
 "Punit Soni-led healthcare AI firm Suki raises $55 mn in Series C round")
Indian used-car platform Spinny valued at $1.8 billion in new funding round
India's Spinny said on Tuesday it had raised $283 million in a funding round led by Abu Dhabi-based ADQ and Tiger Global, giving the used-car retailing platform a valuation of about $1.8 billion
 "Indian used-car platform Spinny valued at $1.8 billion in new funding round")
AI-powered talent firm Sense raises $50 mn from SoftBank Vision Fund 2
With this new round, firm will continue to ramp up its go-to-market strategy and raise awareness with firms that hire at scale across industries such as healthcare, manufacturing, logistics and retail
 "AI-powered talent firm Sense raises $50 mn from SoftBank Vision Fund 2")
MSME lending platform LoanKuber raises Rs 13 cr in pre-Series A round
The company aims to grow its loan book to Rs 75 crore in the next 12 months
CollegeDekho closes $35mn Series B round led by Winter Capital, ETS
Firm will boost investment in products and tech while growing new verticals like Ed-Fin-Tech, student accommodation and coaching for higher education
 "CollegeDekho closes $35mn Series B round led by Winter Capital, ETS")
Zomato launches platform to help restaurants raise funds
There are thousands of budding restaurants that may not have the expertise or focus to fundraise at the right time from the right investors, said Zomato Chief Executive Officer Deepinder Goyal
 "Zomato launches platform to help restaurants raise funds")
Data management platform Parablu raises $1 mn in pre-Series A round
The SaaS company builds secure, enterprise-class data management solutions
 "Data management platform Parablu raises $1 mn in pre-Series A round")
B2B packaging solutions startup DCGpac.com raises Rs 5 cr in pre-series A
DCGpac, which has sold over 200 million products across India so far, is growing more than 15 per cent month-on-month by revenue. It turned EBITDA positive this September
Adda247 raises around $20 mn in funding round led by WestBridge Capital
Edtech platform Adda247 on Tuesday said it has raised around USD 20 million (about Rs 150 crore) in a funding round led by WestBridge Capital. The Series B funding round also saw participation from existing investors, including Info Edge, Asha Impact and JM Financials, the company said in a statement. "The latest infusion of the funds will be utilised to optimise technology & product and conduct senior-level hiring. The edtech company is also foreseeing the acquisition of a few companies with complementary offerings," the statement said. Founded in 2010, Adda247 offers products like live-video classes, on-demand video courses, mock tests, and books focused on government examinations and claims to have 15 million monthly active users on its platform. "India at present has more than 500 million learners, which makes the country's educational market enormous and open for diverse requirements. We will be using the latest round of funds to improve the learning outcomes on our platform .
 "Adda247 raises around $20 mn in funding round led by WestBridge Capital")
ITC to acquire 16% stake in D2C natural personal care brand Mother Sparsh
Mother Sparsh said that it is raising Rs 20 crore in Series A funding from ITC. Company plans to deploy the funds towards enhancement of its R&D capabilities, digital capabilities
 "ITC to acquire 16% stake in D2C natural personal care brand Mother Sparsh")
Upstox turns unicorn with funding from Tiger Global at over $3 bn valuation
The funding round is said to be led by existing investor Tiger Global and is still ongoing
Proptech start-up NoBroker enters unicorn club with $210 mn funding
More than 7.5 million properties are already registered on the portal
 "Proptech start-up NoBroker enters unicorn club with $210 mn funding")
Medkart raises Rs 40 cr in Series A co-led by Alkemi, Insitor Partners
Having grown from scratch to 75 stores, predominantly in Gujarat, Medkart plans to use the funds for expansion to touch 250 stores by 2023
