Funding Alert

OfficeBanao and Cyfirma chart growth plans after successful funding rounds

Workspace interiors platform OfficeBanao and cybersecurity firm Cyfirma have both announced successful funding rounds, enabling them to accelerate growth and pursue innovation. OfficeBanao's seed funding round was led by a group of investors, including venture capital firms and angel...

Purple Style Labs Raises $14M to enter 5 new international markets, Invest in Younger Brands

Purple Style Labs (PSL), the parent company of Pernia's Pop-Up Shop (PPUS), has announced it has raised $14 million in Series C funding. The company plans to use the capital to expand its global presence and invest in younger...

Celcius Secures Rs.100 Cr Funding for Cold Chain Innovations

Celcius, a cold supply chain start-up based in Mumbai, has raised Rs. 100 crore in a Series A funding round led by IvyCap Ventures, to launch new innovative tools that address gaps in the traditional cold storage chain ecosystem...

New Early Spring Fund Secures ₹100 Cr Backing from Godrej Consumer Products

Early Spring a new early stage fund has received Rs. 100 Cr backing from the FMCG major Godrej Consumer Products Ltd. The new early consumer fund created by Spring Marketing Capital aims to support founders who are building the...

Magenta Mobility Raises $22M from bp and Morgan Stanley to Drive 4K EV Expansion

Magenta Mobility, a startup in the e-mobility industry, has received a $22 million equity investment from bp and an investment fund managed by Morgan Stanley India Infrastructure. The funding will allow Magenta Mobility to expand its fleet of three-...

Dunzo Seeks $50M in Funding Amid Tough Economic Climate – Report

Startup Dunzo, a hyperlocal delivery firm is reportedly in the late stages of securing a new funding round worth around $50 million. According to TechCrunch, existing backers such as Google and Reliance Retail are among those who are discussing...

Vitraya Tech Accelerates Healthcare Claim Settlement Platform Growth with $5M

Vitraya Technologies, a healthcare insurance claim settlement platform based in Mohali, has raised $5 million in a Series A funding round led by business-to-business venture capital fund StartupXseed Ventures, with participation from Season Two Ventures, Cactus, Xceedance, and the...

The Souled Store Raises $16.4 Mn to Boost ESOP’s and Launch 100 New Stores

Mumbai-based fandoms startup, The Souled Store, has raised $16.4 million in a Series C funding round led by Xponentia Capital Partners, with participation from returning investors Elevation Capital and RPSG Capital. The funding will be used to expand into...

Nimbbl raises $3.5M; Targets Onboard 20,000 New Payment Checkout Merchants

Nimbbl, Mumbai-based payment checkout solutions startup, has closed a combined seed and pre-Series A funding round of $3.5 million from financial service platform Groww, Sequoia Capital India, and Global Founders Capital (GFC).Founded in 2020 by former Citrus Pay...

Fashinza secures $30Mn to expand its supply chain operations in three new global markets

New Delhi, March 28, 2023 - Fashinza, a Delhi-based fashion supply chain firm, has secured $30 Million funding from Mars Growth Capital, a global venture capital firm that invests in early to growth-stage startups and the Liquidity Group.Fashinza has...

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